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Very few people know this about me. But, despite me being 37 years old, I actually have a little sister who recently turned 18 and just graduated from high school. Technically she’s my half-sister– after my parents got divorced, my father remarried and had another child when I was 19. We have a
Just days ago, in the midst of the Puerto Rico debt morass, 24 members of Congress introduced the “No Bailouts for State, Territory, and Local Governments Act.” The title pretty much sums it up. Congress knows there’s a massive wave of defaults looming at the city and state level. Detroit and Puerto Rico
Almost one year ago to the day, I introduced you to Joe— a US Army combat veteran who lost his leg while deployed to Afghanistan in 2010. Joe’s story was unfortunately all too familiar… except for one major twist. Joe’s particular wound was so severe that the Army had to amputate nearly all
[Editor’s note: Tim Price, London-based wealth manager, is filling in for Simon today.] On 23 June 2016, this British citizen will be voting to leave the European Union. To me it’s clear: the EU has not only become too big for its own good, it’s too big to do hardly anything good. Back
Recently I was having drinks with a friend of mine who is an ultra-successful US real estate developer and investor. He told me that his team had just closed a large real estate transaction worth hundreds of millions of dollars, and they got a sweetheart deal from the bank. The bank is loaning
Yesterday I had one of those nightmare travel experiences that just makes you want to scream. Lan Airlines has a nonstop flight from Santiago to New York City, and I booked it months ago. Normally my travel schedule is very last minute; I don’t really know where I’ll be two weeks from now,
[Editor’s note: Sovereign Man team member Peter Keusgen, lead editor of our private investment service, is filling in while Simon is en route to New York City today.] I’m sitting in a café in an upscale part of Sao Paulo, Brazil, a short walk from the Renaissance Hotel, watching the news come in
Right before I walked on stage last night in front of an audience of roughly 2,500 people, I said to myself, ‘This isn’t how I thought my day would turn out…’ Hours before, I met up with Robert Kiyosaki at his hotel in Santiago to have a drink and catch up; he’s in
By all accounts Bernhard Gubser was living the American Dream. Born in Switzerland he moved to the Land of the Free in the early 1980s to work at an international shipping company based in Laredo, Texas. Eventually Mr. Gubser worked his way up to be President of the company and began traveling around
I’ve often joked very tongue-in-cheek that Donald Trump is the only person qualified to be President simply because he’s declared bankruptcy four times. Trump himself talks up his own debt credentials, saying “I’m the King of Debt,” and “I know more about debt than practically anybody.” He’s flat wrong, of course. Trump may
Today the IRS published the latest figures on renunciation, showing that yet another 1,158 Americans have renounced their citizenship in the first quarter of 2016. While this may not be setting a record for a single quarter, the trend is quite clear.
Well, it finally happened. After months of innuendo, the European Central Bank (ECB) announced last night once and for all that they will no longer produce the 500 euro note. The 500 euro note is the highest denomination of physical currency in the euro zone, and they’ve been talking about phasing it out
There’s something about being insanely rich that people will believe every word that comes out of your mouth no matter how bizarre. And no, I’m not talking about Donald Trump. Warren Buffett is an even better example. As one of the richest men in the world, Buffett’s opinions carry almost Biblical impact, even
Just after sunrise on April 19, 1775, a large contingent of British military troops arrived to the town of Lexington, Massachusetts. They were under orders to search for and confiscate all weapons and munitions from the colonials– something the British army had done countless times before. In many ways it was a routine
It occurred to me this morning that there’s at least a 99% chance that you and I have never met. We’ve had some absolutely spectacular events all over the world where we’ve been joined by giants like Ron Paul, Jim Rogers, Robert Kiyosaki, Marc Faber, and many more. But even better, these events
