There’s a secret the gold majors don't like to advertise: They're running out
of gold. Barrick, the second-biggest miner on earth, watched its production
fall from two million ounces… Down to 719,000. For a company as big as Barrick…
that's running on fumes.
Сⅼіϲk hеrе. <[link removed]>
<[link removed]>
There’s a secret the gold majors don't like to advertise:
They're running out of gold.
Barrick, the second-biggest miner on earth, watched its production fall from
two million ounces…
<[link removed]>
Down to 719,000.
For a company as big as Barrick… that's running on fumes.
Go here to learn why gold majors are forced to buy – and get details on my top
three buyout targets.
<[link removed]>
This is not an isolated problem…
In 2023, gold major Newmont paid $15 billion for Newcrest in the largest
mining deal in history.
Today, Newmont’s production is basically flat. Why?
Because every ounce of gold a major pulls out of the ground makes their mine
worth a little less.
A gold mine is a shrinking asset – in slow motion.
So, how does a major fix shrinking mine output?
Simple:
It has to buy the best small mining assets… (and here’s why I’m telling you
this):
At whatever premium it takes.
Gold majors are sitting on record cash flows – with shrinking production.
That means the coming wave of buyouts isn't a maybe.
<[link removed]>
It’s a slam dunk. If majors don’t go out and buy productive junior assets…
They go out of business. So…
Unless you think the world no longer cares to have any more gold mined and
brought to market…
The coming wave of acquisitions is just math.
Go here to learn about my top three buyout targets.
<[link removed]>
Best,
Garrett Goggin, CFA, CMT
Lead Analyst and Founder, Golden Portfolio
DAILY NEWS FOR YOU EDUCATION / AI
Schools Are Moving AI Into Classrooms Faster Than the Evidence Is Catching Up
Teachers are using AI to build lesson plans, some students are receiving
chatbot feedback, and districts are testing AI tutors and social-emotional
tools even as researchers say evidence about what actually improves learning
remains limited.
AI IN U.S. SCHOOLS
77% WANT AI SKILLS TAUGHT 71% BACK CHATBOT LIMITS 85% WANT AI SAFETY
TAUGHT
Artificial intelligence is moving from an optional teacher tool into everyday
classroom practice.
Teachers are using AI to build lesson plans and classroom materials. Special
educators are using it to track progress. In some districts, students interact
directly with AI systems that tutor them or provide feedback on their work.
NPR'S CENTRAL FINDING Schools are experimenting faster than researchers can
determine what actually works. A recent review of more than 800 academic
papers found that evidence around AI's educational benefits remains limited,
with purpose-built systems showing more promise than general-purpose chatbots.
TEACHERS ARE USING AI BEHIND THE SCENES
Lesson planning has become one of the most common teacher-facing uses.
AI can produce first drafts of assignments, quizzes, differentiated materials
and rubrics, giving teachers something to edit rather than requiring every
document to begin from a blank page.
POLICY HAS NOT KEPT UP Most teachers still lack formal guidance for many
AI-related tasks. Gallup found that only 18% of K-12 teachers had formal AI
guidance in at least one area, while 34% had no guidance at all.
STUDENT-FACING AI IS MORE CONTROVERSIAL
Some districts have moved beyond teacher preparation and are allowing
students to interact directly with AI.
Those systems can provide instant feedback, tutoring or structured practice.
But they also raise harder questions about accuracy, privacy, dependence and
whether students are still doing enough of the cognitive work themselves.
DAYTON EXPERIMENT Dayton Public Schools tested an AI chatbot called Jordan
with students at an alternative school. The chatbot was designed to encourage
students to discuss emotions and experiences indirectly by asking them to
advise an AI persona dealing with its own problems.
DISTRICT INVESTMENT $78,650 Dayton renewed its SchoolAI contract for the
current school year after spending $72,600 the year before.
EVEN PILOT DISTRICTS STRUGGLE TO MEASURE SUCCESS
Dayton administrators decided there was enough positive feedback to keep
testing the program, but its evaluator said the evidence still largely measures
perceptions rather than clear academic outcomes.
Wichita Public Schools reached a similar conclusion and has kept
student-facing AI experiments small while officials work out what success
should actually mean.
PARENTS WANT BOTH ACCESS AND LIMITS
TEACH AI SKILLS 77% support schools teaching students how to use AI tools
effectively.
LIMIT CHATBOT USE 71% also support banning student use of AI chatbots
during the school day.
Those positions are not necessarily contradictory. Many parents appear to
want students prepared for an AI-heavy future while still placing boundaries
around unsupervised use in school.
PISA 2025 Students using AI for some specific schoolwork tasks scored about
20 points lower in science than non-users. OECD cautions that the relationship
is complex and does not establish that AI caused the lower scores. Moderate,
intentional use can produce different patterns.
DISTRICTS ARE MOVING IN OPPOSITE DIRECTIONS
Some school systems are expanding carefully controlled pilots. Others are
pulling back.
New York City Public Schools imposed a one-year ban on student-facing AI for
preschool through eighth grade, while Los Angeles Unified has barred students
from using AI on district devices.
IMPORTANT DISTINCTION “AI in education” is not one use case. A teacher
using AI to draft a worksheet, a student asking an AI tutor for help and a
vulnerable teenager interacting with a social-emotional chatbot create very
different educational and safety questions.
THE SIGNAL Schools are no longer debating whether AI will enter the
classroom. The harder question is which uses deserve to scale before the
evidence catches up.
03 CORE NOTES What the current AI-in-schools debate shows
01 Teachers are already using AI for lesson planning, classroom materials
and student-progress work even though formal district guidance remains limited.
02 Some districts are testing AI tutors and student-feedback systems, but
researchers say there is still little rigorous evidence showing which
implementations improve learning.
03 Parents simultaneously support teaching AI skills and tighter controls on
student chatbot use, suggesting the debate is shifting toward supervised use
rather than a simple yes-or-no decision.
SOURCES NPR — Schools Are Experimenting With AI With Little Evidence or
Policy to Guide Them
Gallup / Walton Family Foundation — AI Guidance for K-12 Teachers
National Parents Union — September 2026 AI in Schools Survey
OECD — PISA 2025 Results: AI Use and Student Performance
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