How to Reconcile Numbers that Don’t Pencil Out

Posted on February 18, 2022 by MN Gordon

Do you want to make a fortune?

Then open a Lamborghini dealership in the Midwest.

That’s what investment biker Jim Rogers recommended in late-2014.  He also recommended becoming a farmer.  According to Rogers, you can make a lot of money as a farmer – even if you’re not any good at it.

“Buy yourself some land and become a farmer […] because there’s going to be some fortunes made in agriculture and when an industry breaks full faith even mediocre people make a lot of money because everything is going right.

“So if you really want to make a lot of money, that’s the best way to do it.  Alternatively, you can buy land and lease it out if you can find a good farmer.

“There are other ways to make money in agriculture, of course.  You can open a chain of restaurants in the agricultural areas of the world because the farmers are going to be much more successful in the next 30 years than in the last 30 years.  Or open shops.  Get the Lamborghini dealership in the Midwest.  There’s more than one way to make money in agriculture.”

Did farmers get rich during the years since Rogers’ recommendation?  Have Lamborghini dealerships in the Midwest boomed? Continue reading →

Posted in Economy, MN Gordon | Tagged , , , , | 27 Comments

Blowups and an Epic Mega-Catastrophe are Coming

Posted on February 11, 2022 by MN Gordon

“Let no man deceive you by any means…” counsels the Good Book (2 Thessalonians 2:3).

As we understand it, Apostle Paul, if that’s in fact the author, was attempting to correct some misinformation floating around Thessalonica in first century Greece.  Someone – perhaps a bureaucrat – was spreading rumors that Christ had already returned.

Paul didn’t buy it.  He clarified that the Anti-Christ would first appear and proclaim himself God.

Did Paul know what he was talking about?  Has the Anti-Christ appeared, yet?

Last year Dr. Anthony Fauci proclaimed himself “the science”.  Thus, he may not have proclaimed himself God.  But he is something gawdawful.

Much like Joe Rogan, and his pains to correct misinformation spread by Fauci, Paul had many enemies and detractors.  Which is fine.

The pursuit of truth is rarely a popular path.  Just ask the ghost of John T. Flynn.  Telling the truth is a most excellent way to make enemies in high places. Continue reading →

Posted in Economy, MN Gordon | Tagged , , , , , | 2 Comments

Are You Prepared for $200 per Barrel Oil?

Posted on February 4, 2022 by MN Gordon

Most days unfold with expected familiarity.  The sun rises.  The sun sets.  The hours in between flow from one routine to the next.

There are subtle, yet predictable changes.  The days are longer in the summer and shorter in the winter.  Apples are more abundant in fall than in spring.

But, for the most part, today is much like yesterday.  And tomorrow will generally be like today.  No better.  No worse.  In short, your morning cup of coffee will taste just as bold or bitter tomorrow as it did yesterday.

Yet every now and again we’re greeted with an astonishing surprise.  Something seemingly impossible happens.  There are days, no doubt, when the sky’s falling.

For example, the sky was falling on September 16, 2008, when Lehman Brothers vanished from the face of the earth.  That was the day black swans descended upon credit markets like common ravens upon fresh Southern California road kill.

Money market shares of the Reserve Primary Fund did the impossible.  They broke the buck.  Net asset value (NAV) fell to $0.97 cents a share.  Who anticipated that? Continue reading →

Posted in MN Gordon, Politics | Tagged , , , , | 28 Comments

Los Angeles Tackles Zombies Ahead of Super Bowl

Posted on January 28, 2022 by MN Gordon

“What the hell is going on?” California Governor, Gavin Newsom

Gender X?

The sun always shines bright over the Golden State.  Even in January.  But, beneath the sunshine, darkness rages in the land of fruits and nuts.

For example, State Senator Scott Wiener – a monster – recently introduced a bill that would permit children 12 and older to be vaccinated against COVID-19 without their parent’s knowledge or consent.  According to Wiener, this bill is consistent with current state law that allows teens to have abortions and obtain birth control without telling their parents.

Yet Wiener’s bill may be finished.  Because his cohort, State Senator Dick Pan, has introduced a bill that would require all children to be vaccinated against COVID-19 to attend K-12 schools regardless of personal beliefs.  Not vaccination?  Then no school.

Perhaps, this is for the best.  Getting kicked out of school at this late stage in the decline and fall of western civilization is a major blessing.  What kid deserves an institutional education from freaks and rejects? Continue reading →

Posted in MN Gordon, Politics | Tagged , , , , , | 29 Comments