The Great Gold Fever of the 2020s

Economic Prism Articles | Insights on Gold, Stocks, Inflation & FOMC“The whole way I’m driving out, I’m thinking I’m going to pull out this freaking $100,000 nugget.”

The remark was recently made by 50-year-old Mike Hewlett, a welder from California. With gold now over $4,300 per ounce, he’s traded his hobbies of snowboarding, skiing, and dirt biking, for prospecting. He’s hoping to make big bucks.

In fact, Hewlett recently extracted a chunk of gold about half the size of his pinkie fingernail out of the dirt in the forested Mount Shasta area. “I was jumping all around like you see in cartoons and stuff,” he said. When he later weighed his find, he discovered it was worth $175.

Sometimes in life there are endeavors where even the slimmest chance of a big score is reason enough to do it. The adventure – and the hope – are what make it worthwhile, regardless of if the ultimate payoff comes or not. Prospecting the well picked over mountains of California in the year 2025 is one of those endeavors.

Nonetheless, Hewlett is not alone. Others have recently been bitten by the gold fever bug too. Cody Blanchard, for example, a sanitation worker from Sacramento, recently found pieces of quartz veined with gold that he located with a metal detector. Continue reading

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Big Brother is Watching

Do you like being monitored? Do you like being surveilled? Do you like your digital footprints being tracked and stored by government contractors like Palantir for profit?

What if innocent activities – like criticizing the government – could one day be used against you in an authoritarian society? What if that not-too-distant future is already here?

Today we turn to Joel Bowman, founder and author of Notes from the End of the World, for edification. In this guest article, Big Brother is Watching, Mr. Bowman shares some alarming details about what our brethren across the pond, in the United Kingdom, are currently being subjected to.

Here is the USA, Digital IDs are a no longer a question of “if”, but of “when”. Alas, in the UK, the “when” is “now”. Buckle up for Bowman’s insights below!

After giving it a read, head over to his website and subscribe to his newsletter for all the latest findings as they’re reported in real time.

Enjoy! Continue reading

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The Inevitable Collapse of the Bloated State

At the time or this writing, the federal funding for the new fiscal year (FY 2026) has lapsed. The federal government bureaucracy is in partial shutdown. In Washington, D.C., and in federal offices across the nation, nearly a million people are either furloughed or clocking in for work without promise of a paycheck.

Perhaps by the time you read this the shutdown will be over. Regardless, a return to the big government status quo and its relentless money sucking vortex isn’t something to be happy about – especially, if you’re a net taxpayer who values freedom.

This week, Republican Senator John Kennedy cited wasteful spending left over from the Biden administration as the reason for the shutdown. Things like $3 million for circumcisions and vasectomies in Zambia, $500,000 for electric buses in Rwanda, and $3.6 million for pastry cooking classes and dance focus groups for male prostitutes in Haiti.

He also noted $6 million for media organizations for the Palestinians, $833,000 for transgender people in Nepal, $300,000 for a pride parade in Lesotho, $882,000 for social media mentorship in Serbia, and $4.2 million for LGBTQI people in the Western Balkans and Uganda. Continue reading

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Keep Your Eyes on the Road

The stock market, as measured by the S&P 500, continues to inflate. But this isn’t a sign of economic health. In fact, a scratch below the surface reveals an economy that is much weaker than advertised.

Several decades ago, the stock market was viewed as a forward-looking animal. A place where investors considered expectations about future earnings and performance to make decisions affecting share prices. Those days are long gone.

These days the stock market is purely speculative. There’s a large cohort of workers who blindly pour money into index funds every two weeks through their company sponsored retirement accounts. Others, under the spell of AI hype, believe we’re in the early stages of the greatest economic boom since the railroad. They trip over themselves to grab a piece of the mirage.

Thus, share prices and index levels do not provide much meaningful information about the state of the economy. Warning signs are no longer found on Wall Street. To understand what’s happening and what’s coming next you must look elsewhere. Continue reading

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