14 Signs That The Condition Of The U.S. Economy Is Worse Than You Think
It feels like someone has pulled a plug, because the U.S. economy is suddenly caught in an extremely alarming downward spiral. As I discussed at the end of last week, investors are flocking to gold and silver because they can see that a storm is coming.
We have reached a point where most of the country is experiencing significant economic pain, and as a result people are starting to get really careful with how they spend their money. The cost of living crisis has caused most of us to tighten our belts, defaults are absolutely soaring, and food bank lines are getting even longer. If conditions continue to deteriorate like this, what will 2026 look like? Continue reading
With the government shutdown now into its third week, Social Security beneficiaries have been assured that their monthly checks will continue to arrive. But if the budget stalemate stretches into late October or November, deeper strains on the Social Security Administration (SSA) could begin to affect millions of people who depend on in-person services, claims processing, and appeals rather than on the payments themselves. 
Although Trump is doing his best to turn around the disastrous economic policies of Joe Biden, worries continue. Grocery prices are ridiculously high. Young people cannot pay off their college loans because well-paying jobs are hard to come by. Buying a home has become an impossibility for all but the rich. Las Vegas symbolizes what’s happening across the country. The city caters to the rich high-rollers. It has now become way too expensive for an average person to visit. Cheap buffets of the past now cost a fortune. Vegas strips away money with resort fees, parking fees, and 10 dollar bottles of water. The casinos are tighter than ever and the crowds are dissipating. Homelessness is rampant. 
I am deeply saddened by what is happening to our country. America is reaching a boiling point, and it appears that we have entered a new era of civil unrest in which political violence will become the norm. At this moment in our history, we should all be denouncing political violence as loudly as we can. Unfortunately, there are many voices that are loudly calling for more political violence. I have been warning that this time would come for so many years, and now it is here.
The U.S. economy added 911,000 fewer jobs over the 12 months ending in March than the Bureau of Labor Statistics (BLS) initially reported, according to data released by the besieged agency Tuesday.
When I was growing up, it was assumed that pretty much everyone in my generation would be able to achieve the American Dream. But today most of the U.S. population is not living the American Dream, and more people are falling out of the middle class every day. As I have detailed in previous articles, this is particularly true for Millennials and those in Generation Z. The collective prosperity of the middle class has been declining for an extended period of time, and now that long-term decline threatens to become a full-blown avalanche. 
Emerging-market central banks have been active buyers since the freezing of Russian reserves in 2022 underscored the vulnerability of foreign-exchange holdings.
Gold has always held a unique place in human history, symbolizing wealth, security, and power. Even today, investors and everyday people remain fascinated by it, often rushing to buy when markets feel uncertain. Yet gold is not immune to volatility, and at times it loses value, leaving many to wonder why the obsession persists. The reasons are rooted in psychology, history, and cultural perceptions that go far beyond simple price charts. To understand why do people obsess over gold, you have to look at the mix of fear, tradition, and trust that surrounds it. 
