The US dollar is now overvalued against almost every currency in the world

In September 1986, The Economist weekly newspaper published its first-ever “Big Mac Index”.

It was a light-hearted way for the paper to gauge whether foreign currencies are over- or under-valued by comparing the prices of Big Macs around the world.

In theory, the price of a Big Mac[...]
  • Sovereign Valley Farm

Summing up 8 years of Barack Obama

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[...]
  • Sovereign Valley Farm

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

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[...]
  • Santiago

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

[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[...]
  • London

This is definitely an asset that you want to own

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[...]
  • Santiago

Two more major problems for Social Security & Medicare

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[...]
  • Sovereign Valley Farm