Stay Up To Date
Critical Topics We Cover
[Editor’s note: The following note was originally penned by Simon Black on July 2, 2012 from Chisinau, Moldova.] Ah Moldova… the poorest country in Europe, which just so happens to have had a Communist party majority in its parliament since 1998. These two points are not unrelated. Despite having achieved
In January 1933 Albert Einstein was visiting the US under a research grant from Princeton University. Meanwhile back home in Germany Adolf Hitler had just become elected chancellor and started creating an atmosphere hostile for Jews, intellectuals and pacifists, of which Einstein was three times guilty. Recognizing the danger of
December 23, 2014 Santiago, Chile It was just a few days after arriving to Australia that Jean was able to start working immediately at the most prestigious French restaurant in Sydney, without having to look for a job very hard or dealing with much bureaucracy. As a chef trained in
December 22, 2014 Santiago, Chile I want you to imagine this nightmare scenario for a moment. You walk into the grocery store and head down the aisles, family in tow, procuring your normal ration of foodstuffs for the fortnight. Something doesn’t make sense. Aisle after aisle you wander, the same
December 19, 2014 Santiago, Chile You may not have realized it, but you are regularly being swindled by your washing machine. That’s right. According to Bureaucrat Man, by using too much energy your washing machine is stealing money from you each month. Of course you already have the option to
December 19, 2014 Santiago, Chile Edith had been saving up wherever she could. She only prepared meat once a week for the family and she’d spent many extra hours mending the children’s clothing so they wouldn’t have to buy any new things this year. So when she and her husband
December 18, 2014 Santiago, Chile On the morning of September 19, 1873, an excited crowd of people gathered outside the Fourth National Bank in lower Manhattan. It was a wet morning, yet the line continued to grow, stretching across Pine Street down Nassau Street as rain-soaked customers jostled with one
December 17, 2014 Castries, St. Lucia As he speculated on the ethics of society, Aristotle found himself naturally led to the study of politics. Putting together his observations, he wrote a treatise on political philosophy (cleverly entitled Politics), in which he describes how a tyrant abuses power for personal benefit
December 16, 2014 Castries, Saint Lucia Last night, the Russian central bank announced a shock decision to hike up its key interest rate from 10.5% to 17%, effective immediately. Incredible. On Monday alone the ruble declined more than 9% against the dollar, and almost 50% in 2014. It looks like
December 16, 2014 Sydney, Australia [Editor’s note: This letter was penned by Sovereign Man’s Chief Investment Strategist, Tim Staermose] As I was preparing to go and meet a friend who runs a nascent fund management business in Sydney yesterday, I noticed there was a lot of unusual activity going on
December 15, 2014 Castries, Saint Lucia On October 9, 1939, Friedrich Nottebohm applied to become a naturalized citizen of Liechtenstein. Nottebohm had been living in Guatemala since 1905, and as World War II started heating up, he became concerned that his German nationality might cause problems for him down the
December 15, 2014 London, England [Editor’s note: Tim Price, London-based wealth manager, is filling in for Simon today.] “[W]e want to use our reserves more constructively by investing in development projects around the world rather than just reflexively buying US Treasuries. In any case, we usually lose money on Treasuries,
Stay in the loop
