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It happened again– another spying scandal in the Land of the Free. Yesterday Wikileaks released 8,761 CIA documents detailing the agency’s hacking of smart phones, routers, computers, and even televisions. These files reveal that the CIA can and has hacked devices that were supposedly secure– iPhones, iPads, and Android devices.
[Editor’s note: This letter was written by Tim Price, manager of the VT Price Value Fund and frequent Sovereign Man contributor.] It was at the height of the dot-com bubble in 1999 that The Onion famously satirized the epically irrational stock market: “Anabaena, a photosynthesizing, nitrogen-fixing algae with 1999 revenues
A few weeks ago, one of our Europe-based Total Access members reached out to ask us about a bank account he was considering for his new business. This is important stuff. As I’ve written before, most people spend more time thinking about what they’re going to have for dinner than
Probably around the time I was 12 years old, my parents opened up a bank account on my behalf. Decades later, even though 99% of my assets are outside of the United States, I still maintain a small balance at that bank. I appear to be suffering from some sort
This is total madness. The European Central Bank (ECB) is currently in the midst of a ridiculous crusade to buy an unbelievable 2.3 TRILLION euros worth of European government debt. In the ECB’s estimation, by conjuring trillions of euros out of thin air and using that money to buy the
[Editor’s Note: Peter K, the chief analyst of Sovereign Man’s private investment division, is filling in for Simon today.] I’m visiting my brother in Indonesia right now. Being a good host, he was fixing us vodka martinis, when he realized he ran out of olives. Both of his drivers had
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