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July 15, 2015 Kunming, Yunnan province, China It’s here in southwestern China’s postcard-perfect Yunnan province that the mighty Mekong River rises. From its source in a nearby mountain range, the river proceeds south, cutting its way across Southeast Asia’s fertile lands through Burma, Laos, Thailand, Vietnam, and Cambodia. The Mekong is hugely important;
February 25, 2015 Singapore In December, Sovereign Man’s Chief Investment Strategist advised our Sovereign Confidential members on a position to take on the RMB. This week we found that this trade is already up by as much as 300%. Now looking at the latest news from China we see that our advice still stands, and even
November 18, 2014 Santiago, Chile Walking across a bridge with ornate classical Roman sculptures trimmed in gold, I turned down a little Italian street to meet up with a friend for lunch. As the aroma of pizza wafted around me, I couldn’t help but feel that something was out of place. It wasn’t
October 1, 2014 Santiago, Chile The Chinese central bank, People’s Bank of China, issued a press release announcing the authorization of direct trading between the renminbi and the euro on the inter-bank foreign exchange market. This is huge. The euro is the second most traded currency in the world, after the US dollar.
December 8, 2010 Wellington, New Zealand The price of a Big Mac is going up in China by 7%. In fact, Chinese state media outlets are reporting that prices for all items at McDonalds fast food restaurants across China are going up by 1/2 to 1 renminbi (RMB), roughly 7.5 to 15 US
February 5, 2010 Mexico City, Mexico Greetings once again from Mexico; I’m sure many who listen to the mainstream press would be amazed to find that I have spent 48 hours on the ground here with nary a swine flu infection nor simple mugging to report. I did, however, miss my flight to
I’m sitting in a comfortable, overstuffed leather chair this morning typing away at this letter while a team of local women give me a traditional Thai foot massage. 30 minutes in the chair will set me back about $4, and I can’t think of a better way to part with my money.
I spend a great deal of my time on the road, traveling around the world in search of opportunity. I put boots on the ground while I’m on the hunt and end up screening a tremendous amount of both business and investment ideas. Some of these ideas make the cut, and we take
I spent the better part of my day today at a small conference attended by many of Shanghai’s wealthy, plus their lawyers and accountants. Considering the subject material is highly frowned upon by the government, I was surprised that so many were in attendance. So what was the topic of discussion at
I have the temporary misfortune today of feeling a bit under the weather. I’ve always wondered how such an expression came to pass, but if it is meant to be any sort of metaphor, my ‘weather’ is something like a category five hurricane. As a consequence, I was unable to attend this week’s
Thanks to an unexpected computer crash, I’ve spent the majority of my day trolling around one of Shanghai’s infamous technology marketplaces, where just about everything you see is a knock-off.From my condo in Shanghai’s Pudong district, it’s about a 15 minute metro ride to “Pacific Digital Plaza,” which ironically is just a stone’s
The sight of nuclear missiles being paraded down the street in a perfectly crisp formation is simultaneously revolting and awe-inspiring. Yet the Chinese government knew exactly what it was doing when it orchestrated its most prominent display of military hardware in the middle kingdom’s history. This week is China’s biggest holiday week of
While I was en route to China, somewhere over the Sea of Japan, gold hit a record high on ‘concerns’ about the long-term value of the dollar. Frankly, 1974 was probably the time to be ‘concerned’ about the long-term value of the dollar. The remaining institutional investors who are only now finding reasons
“Dear Simon- Jeff Clark from Growth Stock Wire recently wrote that ‘China is a fraud’ and that ‘If Americans aren’t buying big-screen TVs or $100 sneakers, Chinese stocks are ultimately headed for trouble.’ I would like your opinion on his view.” Great question. I like Jeff Clark and generally agree with his analysis…
I’m flipping through channels at 1am here in Seoul, and do you know what I see? Math problems– nutty professors, Korean-style, working out complex partial differential equations and geometric progressions with the intensity and flair of a concert pianist. In fact, it’s not just one channel… it’s five, roughly 20% of the entire
