Which “Ism”? Capitalism, communism or Keynesianism.

Adam Smith, the father of capitalist theory and modern economics, proposed in his book “The Wealth of Nations” in 1776 a different capitalism that could work for the common good if the market was left to regulate itself without government interference. Since its inception, capitalism has never worked as Smith envisioned. It has been just […]

On Gold

I do not think that I would add up much to the precious conversation about the importance of gold in good and bad times. However, I strongly believe that the power of questions raises awareness which is always needed.   Why humans throughout history never swayed from gold?   Why do all the central banks hoard and preserve gold?   Why do all investors diversify […]

So goes oil, so goes democracy

They always go in tandem. Democracy promoters always choose the world’s oil and gas rich countries to spread their democracy. This secret love between oil and democracy should not stay in disguise. Wherever they smell oil, democracy promoters run fast, and they get faster if they smell both oil and gas. Libya, Venezuela, Iraq and […]