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Spoleto, Italy August 28, 2015 Charles Dickens opened his 1859 masterpiece A Tale of Two Cities with one of the most famous introductions in literary history: “It was the best of times, it was the worst of times… “ This line is notoriously incomprehensible to high school students around the
August 26, 2015 Spoleto, Italy It couldn’t be any more beautiful here. Every year we descend upon the Umbrian countryside here in Italy, about 2 hours northeast of Rome for a retreat. It’s a time and place reserved to foster relationships with friends, colleagues, and members of our Sovereign Man
August 25, 2015 Spoleto, Italy [Editor’s note: This letter was written by Tim Price, frequent contributor to Sovereign Man’s Notes from the Field, and editor of Price Value International.] Hundreds of thousands of years ago, our early ancestors had a unique way of dealing with volatility. If something was truly
August 21, 2015 Rome, Italy For at least the last decade, China has been positioning the renminbi to take over as the world’s reserve currency. Over the years they’ve gradually established credibility for the currency on world markets, and have begun strategically chipping away at the institutions cementing the US
August 21, 2015 Rome, Italy I grew up in Texas in a middle class household to two very hard-working parents. And to say we were middle class may even be a stretch. We were definitely clinging to the bottom rung of middle class. Money was always a problem. And my
August 20, 2015 Rome, Italy If I wrote down the term ‘imaginary number’, you’d probably think I was talking about some central bank economic forecast or government budget projection. But in mathematical parlance, an imaginary number is defined as the square root of a negative number. You know that the
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