The Golden Age V: Gold Adjusted GDP

On April 3, 2025, the Federal Reserve’s Atlanta branch reported that the USA’s Gross Domestic Product for the first quarter of the year (Q1 GDP) was down 2.8%, but that it was only down .8%, when adjusting for gold imports. If Mississippi wants to experience gold adjusted GDP, then the Mississippi Treasury should own some treasure.[1][2]

On April 3, the #GDPNow model nowcast of real GDP growth in Q1 2025 is -2.8%. The alternative model forecast, which adjusts for imports and exports of gold, is -0.8%: https://t.co/T7FoDdgYos. #ATLFedResearch

Download our EconomyNow app or go to our website for the latest GDPNow… pic.twitter.com/GRLZdwdNG2

— Atlanta Fed (@AtlantaFed) April 3, 2025

Considering that gold broke through $3,100 this week and is right below that now, Mississippi could have gold adjusted GDP, if we would just have gold in the treasury. We’re already as rich as Germany and the UK. Why not make Mississippi the richest state in the union and the world?[3]

[1]GDPNow - Federal Reserve Bank of Atlanta

[2]The Golden Age III — Hamilton Mobley

[3]Britain—Like France and Spain—Is Poorer than Mississippi | Mises Institute