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May 14, 2014 Santiago, Chile Last week in the Land of the Free, I heard a radio campaign ad for a local political candidate while in Texas. In the ad, he was talking about the debt and excessive government spending. And then he said something along the lines of, “We need to get
May 9, 2014 Dallas, Texas, USA Did you ever hear the urban legend about how Winston Churchill carved up a map of Africa in a drunken stupor? There’s actually no evidence to support this assertion. But what is true is that European imperialists conjured entire nations in Africa out of thin air from
May 8, 2014 Dallas, Texas, USA Remember all of those credit card and loan offers you used to receive in the mail? Bad credit? No credit? No problem. 0% APR for the first six months. Free balance transfers. No money down. And my personal favorite– no credit check. These were all classic signs
May 7, 2014 Dallas, Texas, USA Imagine for a moment that you have a neighbor who is in debt up to his eyeballs. This guy is flat broke. He’s racked up six figures worth of consumer debt wasted on worthless knick-knacks. About the only thing he has of any value is his big,
May 6, 2014 London, England [Editor’s note: Tim Price, frequent Sovereign Man contributor and Director of Investment at PFP Wealth Management is filling in for Simon today.] “If I had an hour to solve a problem and my life depended on it, I would use the first 55 minutes determining the proper
May 5, 2014 New York City You might not realize it, but today is a very important date. Yes, of course, it’s Cinco de Mayo. But possibly more important, it’s also the deadline for banks around the world to sign up for information-sharing agreements with the IRS. Think about it like this: imagine
May 2, 2014 New York City 20 years in prison. That’s the penalty you could face for travelling to a country the President has labelled to be “of concern”. Sending any form of monetary assistance to people in the country merits further steep penalties. Recently introduced in Congress, ‘The International Conflicts of Concern
May 1, 2014 Buenos Aires, Argentina It was a scene just like out of the Wild West. 18-year-old David Moreyra had stolen a purse. And an angry mob gathered in broad daylight in Rosario, Argentina to lynch him. It turns out that ‘mob justice’ is on the rise in Argentina, and Mr. Moreyra’s
April 30, 2014 Santiago, Chile Steve Jobs used to tell a very inspiring story about an article he read in Scientific American when he was a boy: He said that the article measured the ‘efficiency of locomotion’ of various species– essentially how many calories different animals spend getting from Point A to Point
April 28, 2014 Santiago, Chile And another one bites the dust. Now it’s Bank of America, one of the largest banks in the Land of the Free, that is inadequately capitalized. Last month, Bank of America made a lot of noise about how they were going to buy back up to $5 billion
April 28, 2014 London, England [Editor’s note: This letter was written by Simon’s colleague Tim Price in the UK, who is currently Director of Investment at PFP Wealth Management] As contrarian investments go, we’re probably in three of the biggest. As regular readers will be aware, gold is one – subject to the
[Editor’s note: Michael O’Brian is a European private banker] One of the founding fathers of the United States famously remarked that death and taxes are the only certainties in life. And as tax day rolled around once again in the US, individuals the length and breadth of the country were participating in the
April 24, 2014 Sovereign Valley Farm, Chile Folks… you just can’t make this stuff up. A few days ago the President of the United States signed into public law bill S. 2195, now known as Pub.L. 113-100. The law aims to “deny admission to the United States to any representative to the United
April 23, 2014 Santiago, Chile “Why does Obama suck?” If you’re not sure, ask Google. It seems that millions of Americans already have asked this question, along with: “Why does the government want to kill us?”, and “Can the government take your gold?” These are among the jewels of Google autocomplete– instantly displaying
April 22, 2014 Molina, Chile Thirty-six year-old Koo Bon-hee recalled hearing a loud bang, when suddenly the ferry he was on tilted drastically in the water. The Sewol ferry, traveling from Incheon to Jeju Island in South Korea, was starting to sink, and it was sinking fast. Those still standing after the impact
