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Failure to Launch
Jason WilliamsPosted July 23, 2026
NatGold’s Kraken launch is officially off. Here’s what we know, what happens to the 106,800 tokens already created, and where the gold-backed digital asset goes next.
Rural Electrification: The Critics Saw Waste. America Electrified Productivity.
Brian HicksPosted July 22, 2026
On May 11, 1935, President Franklin D. Roosevelt signed an executive order creating the Rural Electrification Administration. To many Americans, the idea seemed like an enormously expensive effort...
SpaceX Couldn't Get Its Rocket off the Ground — Now the Stock Can't Either
Jason SimpkinsPosted July 21, 2026
SpaceX shares are now genuinely below their $135 IPO price after a delayed Starship launch spooked investors. With over $1 trillion in market cap gone and a massive lockup expiration looming, here's...
SpaceX Stock Just Tanked — but Debt Is the Bigger Issue
Jason SimpkinsPosted July 20, 2026
SpaceX shares fell below their $135 IPO price this week, down 40% from the peak. But the real warning sign is in its $25 billion bond deal, where spreads have blown out to near-junk levels...
The Transcontinental Railroad: The Critics Saw Roads to Nowhere — America Built a National Market
Brian HicksPosted July 18, 2026
The Transcontinental Railroad wasn't simply a transportation project. It was a platform that dramatically reduced the cost of economic activity. Every great technological revolution works this way...
Is Wall Street Making the Same Mistake Twice?
Jason WilliamsPosted July 17, 2026
Years ago, Wall Street dismissed Palantir before the stock went on to become one of the market's biggest winners. Could analysts be making the same mistake again?
The Metals That Make Modern Civilization Possible
Jason WilliamsPosted July 16, 2026
Some of the world's most critical minerals rarely make headlines. But they're indispensable to everything from hypersonic missiles to semiconductor factories…
The Erie Canal: The Critics Saw a Ditch... America Built an Economic Artery
Brian HicksPosted July 15, 2026
The Erie Canal didn't merely move goods. It altered the economic geography of the country. But nobody in 1817 could fully appreciate how profoundly a canal would reshape commerce. The same is true...
Trump Just Admitted We're Running Out of Missiles
Jason SimpkinsPosted July 14, 2026
Trump promised Ukraine a license to build its own Patriot interceptors at the NATO summit in Ankara — but the admission buried in his remarks ("we don't have that many") reveals a real global...
What Does a New Forever War Mean for Stocks?
Jason SimpkinsPosted July 13, 2026
The Iran ceasefire has collapsed into a rolling, low-grade permanent conflict. Here's what history says a forever war means for stocks — including data on the Iraq and Afghanistan wars — and...
$0.03 for an Acre of Land
Brian HicksPosted July 11, 2026
In 1803, President Thomas Jefferson acquired the Louisiana Territory from France, instantly doubling the size of the young republic at a cost of about $0.03 an acre. To many Americans, Jefferson had...
The Dark Energy Boom Is Here
Jason WilliamsPosted July 10, 2026
The AI race has run into a wall. The grid can’t deliver enough power fast enough. So, the biggest technology companies in the world are building a new, shadow energy system.
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