Why Singapore is the best place to store your gold

December 4, 2014
Santiago, Chile

On May 15, 1855 one of the greatest gold robberies in history occurred.

Three British firms had arranged for some of their gold to be sent from London to Paris by ferry and train. The gold was stored in solidly built boxes secured within iron safes with two locks.

When the boxes were opened in Paris most of the gold was missing, having been replaced by lead[...] Click here to continue reading

The dollar decline continues: China begins direct convertibility to Asia’s #1 financial center

October 27, 2014
Region VII, Chile

This morning some of the biggest financial news of the year made huge waves all over Asia.

Yet in the Western press, this hugely important information has barely even been mentioned. (, for example, has yet to report on this story as of 11:45am Eastern...)

So what's the news?

The Chinese government announced that the renminbi will become directly convertible with the Singapore[...] Click here to continue reading

Buying and Storing Gold in Singapore

October 25, 2012,

We've discussed at length the importance of owning precious metals. The financial system is so full of insolvent banks and bankrupt governments, and gold is one of the few assets that you can own which is not simultaneously somebody else's liability.

Now, there are no shortage of products out there to buy gold. All you have to do is log in to your discount brokerage account and buy some[...] Click here to continue reading

Questions: Your legal requirements, banking in Singapore, Colombian citizenship

June 4, 2010
New York City

Today, my friends and colleagues from the Atlas 400 group are gathering in New York City for another weekend adventure. It's something I've been looking forward to since our last event in Panama.

As you've heard me describe before, the Atlas 400 is a private group of successful, like-minded individuals who meet at world-class locations to discuss their ideas, socialize, and forge lasting personal and business[...] Click here to continue reading

Planting an offshore medical flag

May 10, 2010
Undisclosed location

I'm going under the knife tomorrow... it's a little unexpected, but apparently I need a rather urgent surgical procedure performed, and the doctors here have fit me in at their first available time.

To be honest with you, I'm pretty disappointed-- no, not because of the operation. These things happen from time to time, and I'm pretty fearless. I'm mostly disappointed because I'm not in much condition at[...] Click here to continue reading

Questions: The job postings, tax implications, Asian banking, Switzerland, Belize

April 30, 2010
Las Vegas, NV

It's chilly in Las Vegas, but I'm having a great time meeting so many subscribers here at the Casey conference; I'm pleased at how many have turned up for the event, and I'm always humbled by the exceptional people we have in our community.

My only regret is that the conference organizers could not allocate more space for Sovereign Man readers, and I will personally ensure this[...] Click here to continue reading

Questions: Panama sustainability, offshore incorporation, Thai banking, housing

March 26, 2010
Vancouver, BC

I'm headed to Panama shortly where I look forward to meeting up with my friends and colleagues in the Atlas 400 group. We're going to an exclusive deep-sea fishing resort for a few days, and afterwards I plan on taking up some unfinished business in Panama.

One of the things on my agenda is to revisit the sustainable community concept that I began discussing a few months ago.[...] Click here to continue reading

The best second passports if you’re interested in Asia

March 25, 2010
Tokyo, Japan

About 20-years ago, many of the world's sovereign nations started down an interesting path.  Region by region, governments formed supranational free trade blocs in order to facilitate economic growth.

Supranational organizations were nothing new... from the failed League of Nations after the Great War to the UN and NATO, large multi-country blocs had been formed in the past, but usually for political purposes or military alliances.

Conceived[...] Click here to continue reading

Which countries will compete for you

March 24, 2010
Hong Kong, SAR

One of the worst things that can happen to a country is to experience a brain-drain.  The loss of productive people who create new technologies and companies means the loss of the jobs and wealth that they create.

The long-term aggregate effects of this can be truly devastating, and history provides no shortage of examples.

By nature, though, people are generally creatures of habit-- inert beings.[...] Click here to continue reading

Questions: RFID chips, moving retirement funds, offshore businesses, Panamanian citizenship

March 19, 2010
Pattaya, Thailand

My time here in Thailand is finally coming to an end, at least for now. On Monday morning, after I stop by the US embassy to pick up my renewed passport, I'll be headed to Hong Kong.

I should briefly mention something about passports. Starting in 2007, the US government began manufacturing all new passports with RFID chips-- small devices which record and transmit data.

Malaysia was[...] Click here to continue reading

Questions: An Emergency passport? European citizenship; foreign banking rules; walking away

March 5, 2010
Kuala Lumpur, Malaysia

Greetings from Malaysia, where I'm spending an extended weekend before heading briefly to Singapore on business.  I'll tell you more about the country next week... but if you're interested in Asia, it should definitely be on your radar.

Before turning to this week's questions, I wanted to give you a quick update on the job posting from a few weeks ago.  Ordinarily, Matt and I would have[...] Click here to continue reading

The cost of being a contrarian for contrarian’s sake

March 4, 2010
Pattaya, Thailand

It wasn't too long ago that there was a concrete dividing line down the center of Europe with large scale nukes pointed at both ends. It wasn't long before that when two sides were battling it out in Normandy, or in the trenches before that.

Throughout the last thousand or so years, in fact, there are few and short-lived periods of peace among European countries. Just in the[...] Click here to continue reading

The best places in the world to meet like-minded expats

March 3, 2010
Pattaya, Thailand

One of reasons that a lot of people are hesitant about making a move overseas is because they're concerned about being isolated. The world can be a cruel place, especially to newbies.

Sure there are the nomads out there who want to be left alone with their little slice of paradise in the middle of nowhere... but most people crave some human interaction from time to time, especially[...] Click here to continue reading

A simple shortcut for a foreign bank account

Thanks to completely draconian US-led regulation, opening a bank account anywhere is about as fun as a barium enema.  Opening a foreign bank account can be an even greater nightmare.

Most of the time, a foreign bank will want you standing there, in person, to open an account, as well as to provide a seemingly endless array of notarized documents, stamped papers, and letters of reference.

Trust me, it's not their preference either...[...] Click here to continue reading

Questions: Jobs update, a dollar crisis, gold banking in Singapore, sustainable community

February 19, 2010
Bangkok, Thailand

I really need to start out today's letter by expressing how truly humbled I am to be part of such a fantastic community.

Matt and I have spent much of the last few days combing through resumes (200+ so far) for the job openings that I posted on Monday, and the caliber of talent and energy is really impressive.

Applicants vary in age from 17 to 70.[...] Click here to continue reading

Subscriber Questions

I receive a lot of subscriber questions, and while I cannot answer them all, I wanted to specifically address three of them that key in on recurring themes in this community-- second citizenship, investing, international opportunities, corporate structures, banking, and gold/silver storage.

1) Paul asks-- "I was wondering what your 1st choice would be in setting up an online business offshore.  Which country would be best for business structure, hosting, and merchant accounts?"

[...] Click here to continue reading

Capital controls are a foregone conclusion

So much for BMW's run-flat tires. Believe it or not, I'm actually sitting on the side of the A3 motorway in central Germany, about halfway between Frankfurt and Munich, waiting for the tow-truck to arrive. 

Apparently you're supposed to be able to drive on these tires even when they're flat... and with such confidence in their country's manufacturing capabilities, the German rental car company didn't bother providing me with a spare.  Call me old-fashioned,[...] Click here to continue reading

Why Islam can save your wealth

Long ago, physical commodities were used as a mediums of exchange... gold and silver were quite popular because they were scarce, divisible, durable, and hard to replicate.

If you had a few extra ounces laying around and wanted to store it securely, you would seek out the people who dealt with precious metals all the time and had the right equipment and staff to keep it safe.  At the time, those were goldsmiths.

[...] Click here to continue reading

Fight night in Pattaya

The air smelled of sweat and blood, and I could barely hear my friends talking to me over the screaming crowd.  With each blow, bookmakers were shifting odds and taking bets with such a frenzy that the arena may as well have been the New York Stock Exchange on Black Monday.

This was the scene tonight at a local Muay Thai match here in Pattaya... and aside from being a much needed break for[...] Click here to continue reading

Asia has decoupled

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 late night channel line-up.

When you think about it, this makes perfect sense. South Korea, once dismissed as an Asian[...] Click here to continue reading

Work with me 1 on 1

"Simon - Are you ever available for a consult? I have several business related questions I would like to review."

Each day, without fail, people ask if they can hire me to help them with their problems... these are usually unique in nature ranging from "I want to liquidate and move somewhere" to "can you help raise money for my business" to "do you know anyone in the woodchip industry in Burma..."

I[...] Click here to continue reading

Hong Kong Gold

In full disclosure, I am heavily biased.  Hong Kong is one of my favorite cities in the world.

Remember those '7 expat categories?' well, I am definitely a mix of several... maybe all. But Hong Kong ticks all the boxes for me, and always has-- I've been coming here for years and love it more every time.

To give you an example, I like having access to modern conveniences and the availability of[...] Click here to continue reading

Singapore financial overview

I've explored Singapore in the past, but on this particular trip I really wanted to broaden my understanding of the country's legal framework and financial infrastructure. With only 72-hours on the ground, I would have to work fast... so the trip was a whirlwind tour of bankers, lawyers, gold dealers, corporate secretaries, and international tax planners.

Here's the good news: Mission Accomplished. I learned far more than I expected, caught up with old connections,[...] Click here to continue reading

Why Jim Rogers is right about Singapore

Two years ago, Jim Rogers sold his New York home, packed his bags, and left for Singapore.  If you spend no more than three minutes on the ground here, you will see why.

For the internationalist, Singapore is as close to 'perfect' as could possibly be imagined:

1) It's clean. And I mean eat-off-the-streets clean.  Most big cities (Buenos Aires, New York, even Paris) feel like they need a good pressure[...] Click here to continue reading