Dear Reader,

For years, savers were told to accept near-zero interest—or take on stock-market risk just to earn something. That backdrop has changed. On December 10, 2025, the Federal Reserve cut rates again, but the federal funds target range still sits at 3.50%–3.75%, which keeps many “cash” options paying real money.

At the same time, inflation has cooled from the worst of the post-pandemic years. The latest Consumer Price Index report shows CPI-U up 2.7% over the 12 months ending November 2025—a reminder that yield matters again, especially when prices aren’t surging the way they were.

Wall Street has been making headlines lately for piling into a strange new money move.

What they've dubbed the "Debasement Trade"...

And it could affect you and your money in a MAJOR way.

No one in the media does a better job of explaining all of this than Dr. David Eifrig, who has produced a new analysis to explain exactly what this all means for you and your money.

You see, the "Debasement Trade" is just one reason why, according to Doc, this gold bull run could only be in its early innings.

Given what's happening, he recommends you move your money to his No. 1 gold stock immediately (not a miner or ETF but it has 1,000% upside potential.)

Doc is no stranger to moments like this...

As a former Goldman Sachs Vice President, he has traded profitably through just about every stock market situation you can imagine, including Black Monday.

That's why his latest gold alert deserves your attention.

We've posted Doc's new work for free on our website right here...

For everyday investors, retirees, and small business owners, cash isn’t just “idle.” It’s the money that covers deductibles, home repairs, quarterly taxes, and the first year or two of retirement withdrawals.

In plain terms: when safe yields are competitive, you don’t have to force every dollar into long-term risk. A well-funded cash reserve can prevent the worst kind of mistake—selling good assets at a bad time because life happened.

Money market funds are one clear signal that Americans are treating cash like an asset class again. Total money market fund assets rose to $7.67 trillion for the period ended Tuesday, December 23, according to the industry’s weekly release.

Treasury bills remain a straightforward benchmark for “what cash can earn.” The 3-month Treasury yield has been running around the mid-3% range in late December; FRED shows 3.64% on December 22. And the Treasury’s own auction data backs up that neighborhood: the 90-day bill auctioned December 22 carried an investment rate of 3.642%.

The forward-looking question is how long these yields last. Recent reporting suggests some Fed officials favor a pause into spring, which would keep cash yields supported even if cuts slow.

Cash won’t replace long-term investing—but it can restore balance. A simple “cash ladder” (insured savings for emergencies, plus a few rolling T-bill maturities for near-term needs) helps you protect principal, stay liquid, and avoid emotional decisions.

Stay steady,

Kenneth Boyd

Author, Finance Writer, Former Investment Advisor & CPA