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September 22, 2014 London, England [This letter was written by Tim Price, frequent Sovereign Man contributor and Director of Investment at PFP Wealth Management in the UK.] Several years ago we highlighted the work of Leopold Kohr. Kohr was an Austrian Jew who only narrowly escaped the Holocaust. The village in which he
September 19, 2014 Santiago, Chile It was known as Directive 10-289, and it was the government’s last-ditch, desperate effort to control the collapsing economy. The President, along with some of his senior advisors at the Bureau of Economic Planning and National Resources, all widely agreed that the only way out of the crisis
September 18, 2014 Santiago, Chile Imagine coming home from work and finding that a group of men have broken into your house. What do you do? I have a gratified feeling that for an increasing number of our readers, the answer would be to draw their firearm and defend the home. But it’s
September 16, 2014 Santiago, Chile The polls in Scotland will close this week on one of the more important elections in recent history… perhaps one of the only elections that actually matters. Rather than a typical vote to see who the captain of the Titanic will be, Scots are deciding whether they want
September 15, 2014 Santiago, Chile Gallup released a new poll late last week showing how many (or few, as it were) Americans are ‘satisfied’ with the direction of the country. 23%. That’s it. 76% are NOT satisfied. Only 1% aren’t sure. The chart below shows the astounding, long-term decline since 2000. Note, this
September 15, 2014 Santiago, Chile Today is a rather peculiar public holiday in Japan: “Respect Old People Day”. And judging by the official demographics, an increasing proportion of the population should be revered today. One in eight Japanese is aged 75 or older. People over 65 will reach 33 million, the largest ever,
September 11, 2014 Santiago, Chile Governments and mainstream media outlets have a great way of presenting sensational threats and evil villains. They want us to be terrified of men in caves, roving bands of barbarians, and deadly viruses that turn our insides out. Last night, for example, President Obama told the world that
September 10, 2014 Santiago, Chile Jim Rogers is easily one of the smartest and most successful investors I know. And one of his seemingly endless pearls of wisdom about investing is that sometimes the best thing to do is absolutely nothing. Sit on the sidelines, and wait until the opportunity is so obvious
September 9, 2014 Santiago, Chile Anyone who’s ever seen the movie Braveheart has heard of William Wallace, one of the original heroes of Scottish independence. Though Mel Gibson’s highly fictionalized account was one of the most historically inaccurate movies in modern cinema, Wallace did, in fact, lead Scottish rebels against English invaders. And
September 8, 2014 Sovereign Valley Farm, Chile When Ferdinand Magellan and his men arrived in the harbor of Rio de Janeiro in 1519, throngs of naked native women swam out into the surf to greet them. Having spent the previous months battling through the brutal waters of the Atlantic, this was certainly a
September 6, 2014 Santiago, Chile In 1974 Richard Nixon struck a deal with Saudi Arabia that might go down as the biggest scam in US history. In exchange for weapons and protection, the Saudis would sell their oil for US dollars, then reinvest those dollars back in the United States. This was a
September 5, 2014 Santiago, Chile Say hello to the next financial crisis, brought to you courtesy of the dumbest new bill of the week: H.R. 5148: Access to Affordable Mortgages Act. Ordinarily whenever an individual wants to borrow money for a mortgage, the bank conducts due diligence… both on the borrower as well
September 3, 2014 Santiago, Chile Poll after poll confirms what I’m sure you’ve already been feeling. People are disenchanted with the existing system. They don’t trust the government, they don’t trust the banks, and they don’t trust the media. You can hear the rumblings of grumblings, and it’s only growing louder and louder.
September 1, 2014 London, England [Editor’s note: This missive was penned by Tim Price of PFP Wealth Management in the UK, a frequent contributor to Sovereign Man] “Sir, Arnaud Montebourg, the former French economy minister and the sourest note in the Hollande repertoire, dares to complain of “absurd” austerity policies ? (“Hollande purges
September 1, 2014 Dallas, Texas Imagine this scene: “Everyone in the country was in shock. People’s net worth had devalued more than 53% overnight.” “The value in savings accounts dropped in half and neither merchants nor consumers knew how to react because they had never been through something like it before…” This is
