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Summing up 8 years of Barack Obama

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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 truly mattered.

I can’t imagine anyone not getting goose bumps when President Obama sang Amazing Grace[...] Click here to continue reading

Nobel Prize winner says US should “get rid of currency”

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In the mid-1800s at a time when the United Kingdom was still the dominant superpower in the world, an English scientist named Francis Galton wrote a series of papers arguing for the selective breeding of human beings.

Galton’s ideas became known as eugenics.

The concept was that genius and talent were hereditary traits passed from generation to generation, and that, to ensure the growth of our species, the best and brightest should be[...] Click here to continue reading

This data proves US stocks aren’t as healthy as we’ve been told

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[Editor’s note: Tim Price, London-based wealth manager and co-manager of the VT Price Value Portfolio, is filling in for Simon today.]

Here’s some food for thought.

There’s been so much discussion over the past few years, and 2016 in particular, about the roaring US economy and stellar performance of US companies.

As an example, we are constantly told about the cash piles that US companies have hoarded around the world.

This[...] Click here to continue reading

This is definitely an asset that you want to own

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I’ve got auditors sitting in my office here in Santiago right now.

No, not those auditors. Not the kind from the IRS that strike fear in the hearts of taxpayers.

The auditors in our office are from one of the big international accounting firms, and we invited them to review our agriculture company’s 2016 financials.

This is something that nearly all large, responsible businesses do in order to provide their shareholders with[...] Click here to continue reading

Two more major problems for Social Security & Medicare

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Not too long ago my step-dad had to spend a few days in intensive care. Pretty scary stuff.

He had just about every nasty symptom imaginable, from constant vomiting to dizziness to ultra-high fever, but the doctors couldn’t figure out why.

Fortunately his condition improved enough that he was released from the hospital, and now he’s on the mend.

Now, my step-dad is a Medicare patient. But he just found out that[...] Click here to continue reading

“Copper is the new oil” and other views on the future of energy

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One of my interesting friends is in town visiting Chile for a few days.

His name is Gianni-- he's originally from Croatia but lives in Vancouver, and has spent most of his career in the mining business.

Gianni is especially bullish on copper… primarily because he thinks the Age of Big Oil is coming to a rapid close.

He believes that conventional gasoline vehicles will be increasingly replaced with electric cars, which[...] Click here to continue reading

Land of the Free: Michigan man issued parking ticket in his own driveway

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The state of Michigan is not exactly known for its balmy weather this time of year.

And residents reasonably do what they have to do to cope with often extreme winter temperatures.

Last Thursday a man named Taylor Trupiano of Roseville, Michigan did what a lot of people do in cold climates.

He walked out of his house, started his car, turned on the heat, and went back inside for a few[...] Click here to continue reading

How two people from New York started over in Chile

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Yesterday on the drive back to Santiago from one of our blueberry farms, I stopped to visit some friends who lived in the area.

About a year ago they bought some land in Chile’s incredibly fertile 7th region, which boasts a rare Mediterranean climate.

It never gets too hot, and it never gets too cold. Plus, the rich, volcanic soil is packed with powerful nutrients.

As long as you’re in the[...] Click here to continue reading

Here’s a unique sign of inflation

100dollars
I remember the first time I ever saw a $100 bill.

It was back in the early 80s, I must have only been 5 or 6 years old.

My parents took my sister and I to a fancy restaurant, and I distinctly remember a man dressed in a dark business suit a few tables over paying his bill with a crisp $100 note.

He pulled it out of his wallet, slid[...] Click here to continue reading

Wow. 60 Minutes was totally wrong about second passports

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Steve Kroft has a problem with second passports.

Specifically, the reporter and his team of producers slammed “citizenship by investment” programs in an editorial piece that aired on 60 Minutes this past Sunday night.

As we’ve discussed before, many countries around the world, including Malta, Dominica, St. Kitts, and Antigua, have Citizenship-by-Investment (CIP) programs.

The programs differ between countries, but they all provide an opportunity for foreigners to receive citizenship in exchange[...] Click here to continue reading