Capecoral22

Sovereign Man Notes from the Field Date: February 10, 2012 Reporting From: Santiago, Chile One of the greatest thinkers of all time was Austrian economic Friedrich Hayek, and his work The Road to Serfdom is an absolute must-read.Hayek’s writings are incredibly powerful in these times. In light of the countless recent examples of governments changing the rules whenever/wherever it suits them (from the Troika nonsense in Europe to the Fraudclosure settlement in the US), I’d like... Read Full Story

Sovereign Man Notes from the Field Date: February 9, 2012 Reporting From: Santiago, Chile After more than a decade of year-over-year appreciation, many people are wondering if gold is just another bubble waiting to burst. No commodity or asset class in our historical record has ever shown such long-term growth, and consequently the “B-word” is being tossed around regularly in financial media. But is that all a bubble is– simply meteoric growth, seemingly with no end in sight... Read Full Story

Sovereign Man Notes from the Field Date: February 9, 2012 Reporting From: Santiago, Chile After more than a decade of year-over-year appreciation, many people are wondering if gold is just another bubble waiting to burst. No commodity or asset class in our historical record has ever shown such long-term growth, and consequently the “B-word” is being tossed around regularly in financial media. But is that all a bubble is– simply meteoric growth, seemingly with no end in sight... Read Full Story

This is a legacy that I sincerely hope is never matched again in the history of our country looking forward. HISTORIC “FIRSTS” FOR OUR PRESIDENT! First President to refuse to show a valid Birth Certificate, First President to apply for college aid as a foreign student, then deny he was a foreigner, First President to have a social security number from a state he’s never lived in, First President to preside over a cut to the credit rating of the United... Read Full Story

This is a legacy that I sincerely hope is never matched again in the history of our country looking forward. HISTORIC “FIRSTS” FOR OUR PRESIDENT! First President to refuse to show a valid Birth Certificate, First President to apply for college aid as a foreign student, then deny he was a foreigner, First President to have a social security number from a state he’s never lived in, First President to preside over a cut to the credit rating of the United... Read Full Story

Sovereign Man Notes from the Field Date: February 8, 2012 Reporting From: Santiago, Chile One of the most terrifying aspects of George Orwell’s seminal work  1984  was his description of how society had turned into one giant police agency. People were encouraged to rat each other out, groomed since childhood to be unpaid government spies: “[Children] adored the Party and everything connected with it… All their ferocity was turned outwards, against the enemies of the State... Read Full Story

Sovereign Man Notes from the Field Date: February 8, 2012 Reporting From: Santiago, Chile One of the most terrifying aspects of George Orwell’s seminal work  1984  was his description of how society had turned into one giant police agency. People were encouraged to rat each other out, groomed since childhood to be unpaid government spies: “[Children] adored the Party and everything connected with it… All their ferocity was turned outwards, against the enemies of the State... Read Full Story

Sovereign Man Notes from the Field Date: February 7, 2012 Reporting From: Hong Kong [Editor's Note: Sovereign Man Chief Investment Strategist Tim Staermose is filling in for Simon today.] Hong Kong’s total population is around 7 million. The workforce is 3.75 million.  So generous are the tax breaks and allowances, only about 1.5 million people pay any tax at all.A single person can earn HK$108,000 a year (about US$14,000) before owing any tax.  And a married person with a... Read Full Story

Sovereign Man Notes from the Field Date: February 7, 2012 Reporting From: Hong Kong [Editor's Note: Sovereign Man Chief Investment Strategist Tim Staermose is filling in for Simon today.] Hong Kong’s total population is around 7 million. The workforce is 3.75 million.  So generous are the tax breaks and allowances, only about 1.5 million people pay any tax at all.A single person can earn HK$108,000 a year (about US$14,000) before owing any tax.  And a married person with a... Read Full Story

Sovereign Man Notes from the Field Date: February 6, 2012 Reporting From: Santiago, Chile In one of the most shamefully disingenuous reports we’ve seen in years, the US Labor Department released the latest employment figures on Friday showing that the headline US unemployment rate had fallen to 8.3%.Champagne and sound bites were pre-positioned in Washington as the self-congratulatory praise flowed like the bubbly. President Obama, beaming like he’d just caught the winning... Read Full Story