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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
Paris, France August 19, 2015 Earlier today I had a great meeting with a government minister in Antigua, who’d phoned to update me on their economic citizenship program. If you’re not familiar, an economic citizenship is a legal process backed by formal legislation whereby an investor can make a large
Paris, France August 18, 2015 I’m the world’s worst tourist. To give you an example, I’ve been to Paris at least 50 times yet I’ve never been to the Eiffel tower. The prospect of standing in line to look at stuff doesn’t thrill me in the slightest– least of all
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