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January 20, 2017 Sovereign Valley Farm, Chile It’s hard to argue with Barack Obama’s jump shot. I can’t imagine Rutherford B. Hayes having that kind of game. Or his swagger. Comedic timing. Even charisma. And there have been plenty of times over the last eight years when, in all seriousness, those qualities have
[Editor’s note: Tim Price, London-based wealth manager, is filling in for Simon today.] “Negative interest rates are not the fault of central banks” – Martin Wolf column for the Financial Times of 12 April, 2016. From ‘Human Action’ by Ludwig von Mises: “But then finally the masses wake up. They become suddenly aware
[Editor’s note: This letter was penned by Tim Price, London-based wealth manager and frequent Sovereign Man contributor.] Leon Walras, one of the original economists and idiots who adapted most of his theories from the world of physics, once posited the fancy-sounding General Equilibrium Theory to explain market behavior. Investor George Soros advocates an
Sovereign Valley Farm, Chile September 17, 2015 First of all, I really want to say thanks to all of our extremely kind and thoughtful readers who emailed us to make sure that we’re all OK. If you hadn’t heard, there was a rather substantial earthquake in Chile yesterday that made international news. While
Istanbul, Turkey August 13, 2015 Four years ago, just as he was about to board a flight to Hong Kong, Ai Wei Wei was stopped by border officials and had his passport confiscated. As an outspoken anti-government activist, the Chinese artist was no stranger to government threats. But this time it was real.
Vilnius, Lithuania August 5, 2015 Conventional wisdom tells you that a university degree is the best investment you can make for your career. Invest the time and money now, they say, and you’ll make heaps more in the future. The thing is, that’s not really happening anymore. Tuition costs have skyrocketed, meaning a
July 22, 2015 Munich, Germany By plane, Asia and Europe are 12 hours apart. But on the ground the gap feels like decades. It’s always a shock to leave a place like Vietnam (where I was last week) and fly to Europe. Vietnam is one of the fastest growing countries in the fastest
July 22, 2015 Bali, Indonesia [Editor’s note: This letter was written by Sovereign Man’s Chief Investment Strategist Tim Staermose.] The selling in gold (and silver) stocks has been nothing short of brutal in the past several sessions, save for a modest bounce Tuesday. The Philadelphia Gold & Silver Index of precious metals mining companies is now
May 27, 2015 Santiago, Chile It seems strange that a complete accident of birth has such a massive impact on someone’s life. We don’t get to control where we’re born. It’s a fluke really. Yet as soon as we come into this world a particular nationality is thrust upon us like a birthmark
May 12, 2015 Santiago, Chile A few days ago I was having lunch with some executives who run one of the largest fruit companies in the world. The company is Chilean, and as the guys are all local, they were curious about my take on Chile as a foreigner. I told them that
May 11, 2015 Santiago, Chile Under the republic of Ancient Rome, to be a citizen was an unparalleled status that people throughout the entire known world aspired to achieve. Roman citizens were granted very special privileges and benefits. The right to vote. The right to stand for election. The right to engage in
April 16, 2015 Sovereign Valley Farm, Chile Walking down the streets of Kalamata, not only had everyone known his name, they’d have offered him a drink and asked about his grandmother’s health. But in New Jersey where he lived, Hector was a nobody. Trading in the warm, sunny coast of Greece for bitter
April 8, 2015 Medellín, Colombia About a week ago after having one of those days, I felt like unwinding by turning off the world and tuning in to some mindless action flick. Netflix heeded the call and immediately served up 1994’s Clear and Present Danger starring a slightly younger Harrison Ford as CIA
April 7, 2015 En Route to Colombia Despite being an otherwise staid, traditional news service, the professional banking division of the Financial Times recently released an utterly scathing assessment of the British economy. It was entitled, “The UK economy is a ticking time bomb,” and the editor didn’t pull any punches in completely
March 31, 2015 Sovereign Valley Farm, Chile Yesterday we discussed the utter insanity of the debt-based education system—the trillion+ dollar explosion of student loans out there that may very well be the next bubble to burst. It’s a completely ridiculous system which saddles 22-year olds with tens of thousands of dollars of debt
