Category: Trends & News

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Here come the wage and price controls

Nearly four thousand years ago, King Hammurabi of Babylon laid out his eponymous “Hammurabi’s Code”, a series of laws that is still famous to this day. Most people know Hammurabi’s Code as “an eye for an eye, a tooth for a tooth”. Yet what few realize is that the code was actually one

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Is this place the next Hong Kong?

March 12, 2014 Roatan, Honduras Deep within the Congo basin along the banks of the Kasai River exist two native peoples– the Lele and the Bushong. The two tribes are practically the same people, separated only by a river. Yet when two anthropologists went to Africa in the early 1950s to study these

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How low does this go before there’s a currency crisis?

March 11, 2014 Caribbean coast, Honduras How’s this for irony– In our modern monetary system, the term ‘fiat currency’ refers to this absurd notion of paper currency that is conjured out of thin air by central bankers and backed by nothing but hollow promises. ‘Fiat’ is a subjunctive conjugation of the Latin verb

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The government tries to terrorize a widow—fails

March 10, 2014 En route to Honduras Editor’s note: The following is an excerpt from an interview with Robin Speronis, the woman in Cape Coral, Florida who Simon wrote about recently that got bullied by the local government simply because she was living off the grid. Simon: So, Robin, you’d been living a

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The next shoe to drop on your retirement account

March 5, 2014 En route to Colombia President Obama released his 2015 budget proposal yesterday… and as expected, it contained even more language about his MyRA initiative. As we’ve discussed so many times in the past, IRAs are an irresistible kitty for such a bankrupt government. The US government itself estimates that over

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What the Russian (and Chinese) papers are saying about Ukraine

March 5, 2014 En route to Colombia “Putin: Unconstitutional coup is taking place in Ukraine. The U.S halted military cooperation and trade negotiations with Russia” That’s the headline from a Beijing newspaper– and no surprise that it leans slightly to the Russian side. The article goes on: “Russian president Putin said on 4th

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A respectful disagreement with Warren Buffett

March 4, 2014 Sovereign Valley Farm, Chile Warren Buffet sees a different America than I do. I would wager he sees a different America than untold millions of people do too. And with due respect to the kind-hearted Mr. Buffet, who is undoubtedly an accomplished and savvy investor, the man has been a

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Talk about an utter intelligence failure…

March 4, 2014 Sovereign Valley Farm, Chile This is just too funny… not in that ‘ha ha’ funny way, but a very ironic funny. It’s British humor, folks. The White House announced on Saturday that President Obama had a 90 minute phone call with Russian President Vladimir Putin about Ukraine’s territorial sovereignty. Now,

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Former central banker: “[Bankers] are making it up as they go along.”

March 3, 2014 London, England [Editors note: Tim Price, Director of Investment at PFP Wealth Management and frequent Sovereign Man contributor is filling in for Simon today.] A few weeks ago, William White (former economist at the Bank of England, the Bank of Canada, and Bank of International Settlements) made a frank admission.

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Presenting the #1 financial haven for dictators and criminals

February 26, 2014 Medellin, Colombia Pop quiz: When really nasty criminals and dictators want to hide their illicit gains, which country do they go to? I’ll make this easy for you– multiple choice: a) Switzerland b) British Virgin Islands c) Hong Kong With all the drama, history, and stigma surrounding Switzerland, most people

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Smoking cigars by a mountain of napalm

February 21, 2014 Sovereign Valley Farm, Chile I need to caveat this missive and highlight that I am not a pessimistic person. I’ve traveled to so many places over the years– well over 100 countries. And I typically visit 30-40 each year. So I’ve seen first hand the tremendous opportunity that exists in

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“No, sire, it is a revolution…”

February 19, 2014 Sovereign Valley Farm, Chile It’s pretty ironic that I have two visitors right now in my home– one from Ukraine and the other from Thailand. Both of their countries are in the midst of chaotic turmoil right now, characterized by riots and violent clashes between protestors and police. It reminds

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IMF report: ‘Debt is good’. What are these people smoking?

February 18, 2014 Sovereign Valley Farm, Chile Probably every kid in the world has at some point dreamed of having a time machine and being able to travel back to the past… usually to see dinosaurs or something like that. Time travel is an almost universal fantasy. And if I could snap my

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