Author Archives: MN Gordon

When Buying Gold Becomes a Life-or-Death Question

Something absurd is going on…and we’re not talking about the stock market.  While the wild swings in the DOW are fantastic entertainment, they’re not serious.  Not for us, at least.  We panicked and sold stocks long ago. Still, we watch … Continue reading →

Posted in Inflation, Jeff Clark | Tagged , , , , , | 1 Comment

When the Whole Paper Edifice Collapses

There was massive carnage on Wall Street yesterday – again.  No doubt, it makes for some exciting headlines.  But here at the Economic Prism we won’t take your time to ponder the stock market’s precipitous decline.  For, today, we’re more … Continue reading →

Posted in Government Debt, MN Gordon | Tagged , , , , | Leave a comment

When the Voters Get Whacked Again

Yesterday, at opening bell, stocks paused for a moment and then barfed all over themselves.  After that, they did it again…and again.  When it was over the DOW had plunged 512 points and Wall Street had fully freaked out. Is … Continue reading →

Posted in Economy, MN Gordon | Tagged , , , , , | Leave a comment

Deliver Us From Idiots

A central benefit of the government’s debt ceiling calamity was the outstanding comedy it provided.  We’ll certainly miss the B-rated entertainment.  While it’s unfortunate a default was avoided, the whole hullabaloo served up some tasty performances. President Obama, for one, … Continue reading →

Posted in Government Debt, MN Gordon | Tagged , , , , , | Leave a comment