Five years in prison for offending someone online…

Let the weekly absurdity begin!


New SAT scoring will combat Asian privilege


The infamous SAT has been used since 1926 as a sort of university entrance exam to objectively test high school students’ scholastic aptitude. Until now.


Test administrators announced plans this week to include an ‘adversity score’ for every[...]

  • Simon Black
  • May 17, 2019
  • Santiago

This is a much better alternative to keeping your money in a bank

The banking scandals are all starting to blur together.


When I heard that five big banks were fined by regulators today, I had to think…


Was that the scandal over employees creating fake accounts? No. Was it the scandal over recommending investments “highly likely to lose value”? No, not that[...]

  • Simon Black
  • May 16, 2019
  • Santiago

Central banks are buying gold at the fastest pace in six years

Earlier this month the World Gold Council published its quarterly report-- and it shows that central banks and foreign governments from around the world are buying up gold at their fastest pace in six years.

This is pretty big news, and it says a LOT about the future of[...]
  • Simon Black
  • May 14, 2019
  • Sovereign Valley Farm

AOC and Bernie Sanders hate this tax incentive

At the Sun Valley investment conference in mid-1999, Warren Buffett made a rare prediction about the stock market.


1999 was THE top of the dot-com craze.


And Buffett saw countless companies going public, attracting billions of dollars of investor capital, despite being UNPROFITABLE and having NO business plan to EVER[...]

  • Simon Black
  • May 13, 2019
  • Sovereign Valley Farm

More ridiculous Civil Asset Forfeiture shenanigans

Each Friday we highlight a number of important, and often bizarre stories from around the world that my team and I are closely following:

Chicago police run a vehicle impound racket


Imagine dropping your car off at the local mechanic because you need to get your engine tuned up.

[...]
  • Simon Black
  • May 10, 2019
  • Dorado

Here’s a lesson from the 108,000 millionaires who left their home countries last year

According to a recent report from Bloomberg, more than 108,000 millionaires left their home countries last year in search of greener pastures.


Most emigrated from countries like China and Russia… no surprise there.


India also saw a large outflow of millionaires as tax authorities tightened their grip. And Turkey continues[...]

  • Simon Black
  • May 8, 2019
  • Dorado