$3,800 Gold Is Screaming What Spindletop Whispered In 1901
Image Source: Unsplash
On January 10, 1901, at 10:30 AM, mud began bubbling from a drilling hole on Spindletop Hill in Texas.
Moments later, a 100-foot geyser of oil erupted into the Texas sky…
For nine straight days, it flowed 100,000 barrels a day. Nothing like the world had ever been seen before.
That one well lit the fuse for America’s economic rise.
From 1900 to today, the US economy expanded from $590 billion to nearly $30 trillion. That’s 50x growth — powered by cheap, abundant energy. Without it, there’s no middle-class boom, no sprawling industrial base, and no Silicon Valley internet age.
That’s just as true today.
With AI making all the headlines, it's becoming clear that the whole boom is just as much about algorithms as it is about energy.
Data centers now guzzle power at the scale of entire nations. Cooling systems consume rivers of energy. And the infrastructure required makes Spindletop look like a garden hose.
On top of that, this demand is further set to double by 2028… and then double again by 2035.
It’s almost as if the future still runs on energy. Whowouldathunkit?
And it’s not just energy that we’re focusing on here at Capitalist Exploits HQ.
Gold is also sending a powerful signal right now — at over $3,800 as I write this. Historically, gold takes center stage when uncertainty explodes and systemic risks boil over. That moment is here, right now.
More By This Author:
The Pariah Turns ProdigyBetting On The Inevitable
Buried Treasure