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It was disclosed late Friday that Warren Buffett, thru Berkshire, has been buying shares of Barrick Gold. It is out of character for him but good news for me. I have been buying Barrick Gold for quite awhile and was rather aggressively…

A few days ago, I was walking thru the aisles of the grocery store, wearing my mask and breathing like Darth Vader. I suppose safety sometimes takes priority over appearance. As I was passing people, I would occasionally smile, but no one…

Macro economics focuses on large scale national and international economic factors. I broaden my analysis, by what I call Super Macro, to include the philosophy and culture of the socio-economic environment. Just as the rate of change of economic activity presents significant…

For 20 years ending 2019, the S&P 500 had an annual return of around 4.5%. Many mutual funds results were less. Not that bad, but considering you could have bought a 20 year Treasury bond in 1999 with around 5.5% with much…

Democracy in action puts capital in motion. That creates wealth. Any wealth acquired is due to a civil society with the presence of honest citizens functioning in that democracy. Taxation is an appropriate price for attaining the prospects of wealth that America…

In reality, everyone is an investor and is invested at all times in something. If all you have is US$ dollars, then you are investing in a currency. All investments regularly change value over time. For example, historically, all fiat currencies lose…

As presented in the earlier article (Aug. 13, 2018), the dollar is losing value due to inflation and money printing. As Milton Friedman said,”Inflation is always and everywhere a monetary phenomenon”. This process erodes the purchasing power of the dollar over time.…

International trade is usually good for all nations involved. Sometimes countries are pressured into it and sometimes trade or the restriction of it has led to wars. In general though, it has actually done much to help preserve peace in the world…