Archive for February, 2011|Monthly archive page

OIL – from our resources…Yea……When???

In Uncategorized on February 28, 2011 at 8:34 pm

How much longer is it going to take to get the permits for drilling here in the gulf and in Alaska???? Maybe even start up again off the shores of California???When my friends will our admin/Czars/government wake up????
Get on the horn and start yelling before its too late…..

Sovereign Man Notes from the Field Date: February 28, 2011 Reporting From: Tulum, Mexico

In Business/Political Trends Worldwide, Continental Travel, Government, History, Money and Finances, Offshore accounts, Political, renminbi currency, Taxes on February 28, 2011 at 5:36 pm

Sovereign Man
Notes from the Field

Date: February 28, 2011
Reporting From: Tulum, Mexico

There’s major shift occurring right now in financial markets.

Sure, the food and freedom riots that are spreading across the globe are a major indicator that civil unrest follows very closely behind resource shortages and economic turmoil… but there’s something else that I’ve noticed recently– it’s a sea change in the financial system.

In the past, major crises normally caused investors to seek safe haven assets, and everything else equal, the dollar would rise. They call it a ‘flight to safety’, and investors would flock towards the perceived stability of US Treasury securities.

In 2008, for example, the Lehman collapse spurred the market to go rushing into the dollar. The pound, euro, S&P, oil, and gold all went into freefall, and the dollar surged. Anyone holding cash felt pretty smart, and the market paid tribute to the US dollar as the world’s safe haven currency.

There were a lot of reasons for why this happened. The US government likes to claim that it has never failed to pay on its debts. Of course, even the most cursory analysis would lead one to conclude that they trade debt for inflation… and more debt.

Regardless, when financial markets were collapsing in 2008, investors made a rational decision to accept negative real rates in the dollar (effectively paying a fee to hold short-term treasuries) over other currencies and asset classes.

It was the lesser of all evils at that particular moment and should not be conflated with ‘confidence’.

The other big reason for the dollar’s 2008 surge was that many of the world’s financial markets were leveraged to the hilt… in dollars. When Greenspan started slashing rates in 2001, investors around the world had been able to borrow cheap US dollars and park them in higher yielding assets abroad.

This global carry trade helped produce huge returns in emerging financial markets as investors borrowed four to six times their dollar equity at 2% to 8% and invested in China at 20%+.

When those markets began to melt down, however, the dollar loans needed to be repaid, and investors went rushing back into the dollar.

The dollar sat atop its altar for about six-months from September 2008 through March 2009, at which point risk tolerance reversed and the dollar began steadily losing ground again.

When European sovereign debt woes surfaced later that year (and in earnest in early 2010), the dollar surged once again… but that time it was a little different.

Sure, the dollar rallied against the euro and other European currencies… but gold rose as well. I remember writing about this last year, suggesting that the simultaneous rise in both the dollar and gold indicated the market’s changing attitude towards what it considered a ‘safe haven.’

Clearly the dollar was beginning to fall out of favor.

Fast forward to today. Mubarak. Gaddafi. Khalifa. Al Said. Ben Ali. Etc. There is no shortage of turmoil right now… yet we are seeing the dollar get clobbered while gold, silver, and smaller currencies like the Swiss franc rise. This represents a major shift in the way that the market views risk.

It’s true that nothing goes up or down in a straight line… but long term, the market is telling us that investors are washing their hands of the dollar as a safe haven asset.

So what happens from here?

In the long run, the law of one price will prevail; the US dollar cannot become so cheap relative to other currencies that a multimillion dollar home in Malibu only costs the equivalent of six month’s wages in Switzerland… or that a new Corvette equals the price of an electric bicycle in Singapore.

Foreigners will swoop in and mop up US inventory long before that happens, not to mention foreign governments will manipulate their own currencies in order to avoid missing out on a 300 million-strong consumer market.

We’re already seeing this now as the ridiculous game of international capital controls tries to masquerade as a free market. I suspect the regulatory environment will only worsen as the political lemmings follow one another off the cliffside.

(yes I know it’s a myth, but so is the notion of fiat currency as sound money…)

What about commodities? Investors looking for safe haven assets may opt for things like oil and wheat which have functional value… but I suspect that governments will step in long before we see $200 oil to set a ceiling price, or begin attacking speculators once again.

Ironically, this makes precious metals among the most attractive safe haven alternatives– the fact that they have no real functional value is a net positive.

As a caveat, I am not a gold bug, but the regular lamentations by the PM bears (gold is just a paper weight that has no function, you cannot eat gold, you cannot fill your gas tank with gold, there is no way to value gold, etc.) may turn out to be beneficial.

It is simply BECAUSE you cannot eat gold, cannot fill your gas tank with gold, etc. that governments will be more concerned about regulating high oil, wheat, and soy prices. If gold has no real benefit to the masses, the political consequences of high gold prices are less significant.

In other words, $20 wheat means blood in the streets. $2,000 gold only makes for pithy headlines, and its significance is easily dismissed when highly regarded sages like Warren Buffet dispute the notion of holding precious metals (nevermind he bought oodles of silver in the late 90s).

We’ll talk about this much more on this later, especially why the euro will likely fall first, and how the renimbi will continue to rise as an alternative reserve currency.

As an admin note, SMC subscribers are reminded of our monthly teleconference this evening at 6pm eastern time in which Matt and I will be addressing some of the more visible issues from the premium site’s forum discussions.

Also, inaugural ‘Fourth Pillar’ subscribers will receive their first issue tomorrow, so watch out for that.

Until tomorrow,

Simon Black
Senior Editor,

This article appears courtesy of Notes From The
, a free newsletter dedicated to individual freedom,
internationalization, asset protection and global finance. For a
complimentary subscription, visit

The Bakken Fields, a short learning note……..Via E-mail…

In Uncategorized on February 25, 2011 at 8:23 pm

>> Be sure to read the report below published by the
>> USGS. How much are you willing to pay to the
>> other oil producing countries. Especially those
>> who use their profits to cause unrest in the
>> World?
>> To confirm go to the USGS article link at the bottom. Here’s an astonishing read. Important and verifiable information : About 6 months ago, the writer was watching a news program on oil and one of the Forbes Bros. was the guest. The host said to Forbes, “I am going to ask you a direct question and I would like a direct answer; how much oil does the U.S. ave in the ground?” Forbes did not miss a beat, he said, “more than all the Middle East put together.” Please read below.
U.S. Geological Service issued a report in April 2008 that only scientists and oil men knew was coming, but man was it big. It was a revised report (hadn’t been updated since 1995) on how much oil was in this area of the western 2/3 of North Dakota, western South Dakota, and extreme eastern Montana ….. check THIS out: The Bakken is the largest domestic oil discover since Alaska ‘s Prudhoe Bay , and has the potential to eliminate all American dependence on foreign oil. The Energy Information Administration (EIA) estimates it at 503 billion barrels. Even if just 10% of the oil is recoverable… at $107 a barrel, we’re looking at a resource base worth more than $5…3 trillion. “When I first briefed legislators on this, you could practically see their jaws hit the floor. They had no idea..” says Terry Johnson, the Montana Legislature’s financial analyst. “This sizable find is now the highest-producing onshore oil field found in the past 56 years,” reports The Pittsburgh Post Gazette. It’s a formation known as the Williston Basin , but is more commonly referred to as the ‘Bakken.’ It stretches from Northern Montana , through North Dakota and into Canada . For years, U. S. oil exploration has been considered a dead end. Even the ‘Big Oil’ companies gave up searching for major oil wells decades ago. However, a recent technological breakthrough has opened up the Bakken’s massive reserves….. and we now have access of up to 500 billion barrels. And because this is light, sweet oil, those billions of barrels will cost Americans just $16 PER BARREL! That’s enough crude to fully fuel the American economy for 2041 years straight. And if THAT didn’t throw you on the floor, then this next one should – because it’s from 2006! U.. S. Oil Discovery- Largest Reserve in the World . Stansberry Report Online – 4/20/2006 Hidden 1,000 feet beneath the surface of the Rocky Mountains lies the largest untapped oil reserve in the world. It is more than 2 TRILLION barrels. On August 8, 2005 President Bush mandated its extraction. In three and a half years of high oil prices none has been extracted. With this motherload of oil why are we still fighting over off-shore drilling? They reported this stunning news: We have more oil inside our borders, than all the other proven reserves on earth.. Here are the official estimates: – 8-times as much oil as Saudi Arabia – 18-times as much oil as Iraq – 21-times as much oil as Kuwait – 22-times as much oil as Iran – 500-times as much oil as Yemen – and it’s all right here in the Western United States . HOW can this BE? HOW can we NOT BE extracting this? Because the environmentalists and others have blocked all efforts to help America become independent of foreign oil! Again, we are letting a small group of people dictate our lives and our economy…..WHY? James Bartis, lead researcher with the study says we’ve got more oil in this very compact area than the entire Middle East -more than 2 TRILLION barrels untapped. That’s more than all the proven oil reserves of crude oil in the world today, reports The Denver Post. Don’t think ‘OPEC’ will drop its price – even with this find? Think again! It’s all about the competitive marketplace, – it has to. Think OPEC just might be funding the environmentalists? Got your attention yet? Now, while you’re thinking about it, do this: Pass this along. If you don’t take a little time to do this, then you should stifle yourself the next time you complain about gas prices – by doing NOTHING, you forfeit your right to complain.
Now I just wonder what would happen in this
country if every one of you sent this to every one in your address book.

By the way…this is all true. Check it out at the link below!!!

GOOGLE it, or follow this link. It will blow your mind.

Sovereign Man Notes from the Field Date: February 24, 2011

In Uncategorized on February 25, 2011 at 7:36 pm

Sovereign Man
Notes from the Field
Date: February 24, 2011

It saddens me this morning to inform you that two of our readers and SMC members, Mr. Scott Adam, 70, and his wife Jean were among the victims in this week’s pirate incident in the Arabian Sea.

Jean was a retired dentist with an interest in biology, Scott had ties to the entertainment industry. They were both radio enthusiasts (K9ESO and KF6RVB) and world travelers who were sailing around the world on their 58-foot yacht on a mission to deliver religious material to exotic locations.

Their ship was hijacked by Somali pirates last Friday, and they were killed in a shoot-out on Tuesday. You can read more about the circumstances here.

There are a lot of questions about the attack… a lot of things that just don’t make sense. But the important thing right now is to pay respect to these adventurers. In response to requests from readers, I’ve asked my staff to make Scott a permanent, featured member of our community.

You can read more about the couple and their adventures here.

Until tomorrow,

Simon Black
Senior Editor,

This article appears courtesy of Notes From The
, a free newsletter dedicated to individual freedom,
internationalization, asset protection and global finance. For a
complimentary subscription, visit

Notes from the Field Sovereign Man Notes from the Field Date: February 25, 2011 Reporting From: Tulum, Mexico

In Uncategorized on February 25, 2011 at 7:29 pm

Notes from the Field
Sovereign Man
Notes from the Field
Date: February 25, 2011
Reporting From: Tulum, Mexico

I woke up this morning to the sound of waves crashing on the beach in Tulum and the sun slowly rising over the Atlantic. There’s hardly a soul for miles… and the weather is perfect.

Matt, Tim, and I are staying out here for the next several days as a mini-retreat, discussing business and investment strategy, and trying to make sense out of what’s going on in the world.

For research purposes, I also wanted to spend some time living ‘off the grid’ on the beach to see whether desalinized water is an effective solution for personal water consumption, and the home we’ve rented here is a good test of that.

I’ll tell you more next week; moving on to this week’s questions, I’d like to start with reader Jim D who says, “Simon– if you are a US citizen, open foreign accounts, and you file the required tax reports, can’t they still freeze your offshore accounts?”

If you bank in your home country, whatever that country may be, there are legions of bureaucrats who have the authority to freeze your accounts, and even dip into your funds and help themselves to a little taste without your approval.

In the US, this can happen at both the federal and state level through hundreds of different agencies and courts. It’s really spooky when you consider the sheer magnitude of government agents who can exert control over your financial well-being.

It’s true that US taxpayers have to file annual disclosures, informing the government of their foreign accounts. You should absolutely do this; the Obama administration is hiring thousands of new IRS agents to sniff out cheats, and noncompliance isn’t worth the risk.

Frankly it only takes a few minutes to fill out the forms, and the peace of mind is worth it. Why? Because when you place your money in a jurisdiction outside of your home country, suddenly these legions of bureaucrats don’t have control over it anymore.

There is a huge difference between them knowing where the account is and having authority over the account. Just because you file the forms and tell them where your money is doesn’t mean that they can just snap their fingers and freeze that account.

Certainly you can add multiple layers, such as trusts and corporations, for extra protection… but for most people, simply holding a personal offshore account provides more security than 99.99% of the population can claim to have.

Also bear in mind that offshore banks may often be stronger than banks in your home country… financial institutions in places like the US and UK are quasi-government sponsored entities at this point, relying on taxpayers and central bank funny money for their profits.

In stronger jurisdictions such as Singapore (which has never had a bank failure), financial institutions are strong and stable, typically a better choice for deposits.

Next, Gary asks, “Hey Simon, Mexico is one of my favorite places to visit. I’m particularly interested in Todos Santos in Baja and the Tulum area for visiting and RE investment purposes. I’d appreciate any input you have– I’m planning on driving from San Diego to Cabo again this spring. Will I survive?”

Mexico gets a lot of bad press, and that’s one of the reasons I’m here. Clearly there are problems in the country… but the mainstream media have everyone terrified that they can’t cross the border without getting their heads cut off and displayed on YouTube. It’s nonsense.

I’ll tell you a lot more about this next week… but the short version is this: the main challenge in Mexico isn’t drug-related crime, it’s the US government’s influence over the Mexican government’s response to drug-related crime.

Last, Raul writes, “Simon- I understand that your event last week in Panama was really successful, but I have to say, I think you are charging too much money for the DVD and workshop kit.”

Understood. If that’s how you feel, then I encourage you to not buy it. Bear in mind, what we held in Panama was not a typical conference with an endless series of boring lectures… we held a very hands-on workshop where the speakers came to teach people how to take action, and then helped them do so.

This is exactly what the DVD kit accomplishes… it puts you in the audience as if you were an attendee, with access to all of the speakers and the Q&A, so that you can learn exactly what you need to do, and why.

Once you have a clear plan in mind, you can use the workbook to start taking action– we provide everything right down to account applications, contact information, and folks who can provide one-on-one consultations. It’s pretty turn-key.

If you were to fly all over the world yourself to build up these contacts, it would likely take you a few years and demand more than $100,000 in travel expenses. So… at $1295, I think I’ve set a pretty fair price. If you don’t agree, you can choose to take a pass. That’s how the market works.

* Actually I’m a bit of a buffoon, my assistant just informed me that, through the end of this month (Monday), we’re offering an additional $100 off, plus free shipping, plus a 1-year membership to Sovereign Man: Confidential.

Existing SMC members should check our membership site for your discount and free shipping offer.

Until tomorrow,

Simon Black
Senior Editor,

This article appears courtesy of Notes From The
, a free newsletter dedicated to individual freedom,
internationalization, asset protection and global finance. For a
complimentary subscription, visit

Sovereign Man Notes from the Field Date: February 22, 2011 Reporting From: Panama City, Panama

In Uncategorized on February 23, 2011 at 1:48 pm

Sovereign Man
Notes from the Field
Date: February 22, 2011
Reporting From: Panama City, Panama

This weekend’s Sovereign Man Offshore Workshop is over, and I am simultaneously exhausted and exhilarated. After months of planning, weeks of preparation, and days of speaking with very little sleep, the event truly took its toll on me… but it was well worth it.

Attendees came from all over the world– we had folks come in from as far as Sri Lanka, Taiwan, Spain, Australia, Germany, Hong Kong, England, Thailand, etc. As for the speakers, they were my own contacts and professional colleagues, also hailing from around the world.

We had immigration specialists, tax attorneys, bankers, private asset managers, corporate secretaries, etc. from places as far and diverse as Singapore, Switzerland, Brazil, New Zealand, the Philippines, the Cook Islands, and many more.

These are trusted professionals, many of whom are my friends and advisers, and they came a long way to help people take action, stay compliant, and do everything above board, in the light of day.

After kicking off the event with an exquisite social/cocktail hour, I explained our single objective:

“I want each of you to leave this event with a very clear plan– to know exactly what you need to do, to understand why, and to start taking action on your plan right here at this event.”

These are complex topics, and I think traditional offshore conferences fail miserably at explaining them.

Most of the time you get an endless parade of speakers who talk at the audience, infomercial style, and attendees leave more confused than ever, often having purchased some overpriced structure that they don’t understand or need.

We sought to shatter this traditional conference model… in fact, in many ways, we ran the anti-conference.

Our idea was to present short-bursts of high-level information in front of the entire audience through a series of solutions-oriented panel discussions; we wanted to provide enough background so that each attendee would be able to quickly rule options that don’t really apply to them.

During the residency panel, for example, I held a brief Q&A session with each speaker, representing about a dozen residency and citizenship options. The sessions were brief, but they provided enough information for people to rule out certain countries, and to identify the ones that they were more interested in.

In the second phase of the event, audience members broke down into smaller groups to listen to more detailed presentations about the solutions and jurisdictions that they identified interest in.

These small group sessions ran simultaneously in order to maximize content– in other words, our immigration attorney from Brazil was speaking in one room while a Singapore private banker was speaking in another.

In total, we had 5 sessions going at any given time, and there was plenty of redundancy to make sure that people could see all the speakers they wanted. It was during these sessions that they received the specific information to customize their own plan, as well as open accounts, register companies, etc.

The speakers were all completely accessible for the entire event, making themselves personally available to all attendees. We also had plenty of tax attorneys on hand to provide clear guidance for anyone with questions about structures, reporting, and compliance.

For me, the best part was having so much interaction with members of this community. I wanted to get to know you a bit more, and for you to get to know me a bit more… I even flew family and friends down to the event so that you could meet them and understand more about where I come from.

Now, I know there were a lot of folks who wanted to come but weren’t able to. We had to limit attendance at the workshop in order to maintain the right speaker/audience ratio, and it was a very tough decision to close the doors once the event sold out in just 24-hours.

Several months ago, we committed to delivering a high quality ‘act-from-home’ package for folks who couldn’t make it, and that’s what we’re preparing right now. We hired one of the finest production crews around — in fact, it’s the same team that Richard Branson’s Virgin Group uses– and we flew them to Panama to film the event.

At the same time, we’re putting together a comprehensive workbook, complete with contact information for all the bankers, corporate registrars, attorneys, etc., as well as applications to open accounts, plus a summary matrix for each jurisdiction and due diligence checklists.

In short, the act-from-home package, just like the event, is designed to be a one-stop shop to help you customize your own plan and begin taking action immediately. If you missed the event, the act-from-home package will put you in the same seat as the attendees who were there, and give you the same actionable content.

In the same way as we did not run a traditional conference, these are not traditional conference recordings. The act-from-home kit is not just some package of DVDs, but your comprehensive guide to taking immediate action, straight down to the contacts and applications.

We worked really hard to make sure that you can accomplish planting multiple flags– from home– in the same way as folks at the workshop did.

Bear in mind, the act-from-home package is definitely not for everyone. If you’re not ready to take action, don’t buy it, it won’t be worth it. If you are ready to start taking action but need the answers to some very important questions, this kit can literally compress years of research and hundreds of thousands of dollars in travel expenses into a single weekend.

The full retail price of the kit is $1,295, and it includes a 1-year membership to Sovereign Man: Confidential. For SMC members, it’s $895.

We’ve decided to extend a $100 discount, plus free standard shipping, through the end of this month because it will be a few more weeks until we’re able to send out the physical kit to your home address. We do ship worldwide.

If you are not an SMC member, you can order here.

If you are an SMC member, you can log in to the member site for a special order link.

Until tomorrow,

Simon Black
Senior Editor,
This article appears courtesy of Notes From The
, a free newsletter dedicated to individual freedom,
internationalization, asset protection and global finance. For a
complimentary subscription, visit

Sovereign Man Notes from the Field Date: February 23, 2011 Reporting From: Panama City, Panama

In Uncategorized on February 23, 2011 at 1:45 pm

Sovereign Man
Notes from the Field

Date: February 23, 2011
Reporting From: Panama City, Panama

A couple of nights ago, several friends within our Atlas 400 group were invited to dinner aboard another member’s yacht who happened to be docked in Panama. At 165 feet, it was one of the largest I had ever seen, and our friend had clearly spent a great deal of time customizing every last inch of it.

A physician by trade, he has spent the last several years working his butt off to build a successful chain of clinics across the southwestern United States; we’ve had the occasion to spend a lot of time together over the last year or so, and I have come to know him as an intense, detail-oriented individual.

I was really impressed at how much he knew about his ship– from the way the navigation systems work to how the toilet pumps and reverse osmosis systems fit together. Most yacht-owners that I know take a very hands-off approach… they only want to bake in the sun while the crew handles everything else.

Yachts are filled with complex systems. In fact, my friend has essentially created a floating model of sustainability. He has an independent source of energy (generator), an independent source of fresh water (reverse-osmosis desalinization), and an independent source of food (fish).

In short, he’s the type of person who enjoys being in control of his destiny… and he designed his ship with this in mind. Ironically, despite his having such a strong personality, my friend has very little control over many other important aspects of his life.

We’ve discussed before the nature of sovereign risk– if you live, work, invest, bank, hold assets, structure a company, buy property, etc. in the same country of your citizenship, you have all of your eggs in one very frail basket. Your entire life is vulnerable to the whims of legions of bureaucrats and corrupt policymakers.

He brought up the topic of second passports and foreign structures during dinner and remarked, “well… I’m not sure if I really need this sort of thing. You know, nobody has ever really come after me, and nobody has ever really come after friends of mine either. Why go through the trouble?”

It was a strange comment coming from someone who exercises so much control over other elements of his life and business, someone who takes steps to reduce his risk while on the high seas, or in his business.

What’s true, however, is that among the greatest risks we face is sovereign risk. The broke governments of the old western hierarchy are gearing up their thought police and aiming to confiscate as much wealth as possible. They’re desperate for cash, and they’re going to shake down every nickel they can get.

Coincidentally, another guest chimed in and said, “That’s funny– because on Friday afternoon I found out that my personal financial accounts in the US had been frozen. No warning, no explanation, no due process… they just froze my accounts– and they had the nerve to wait for a holiday weekend! Fortunately I have plenty tucked away overseas.”

It was an unexpected anecdote, but highlights how extortion is becoming the tactic du jour. Government freeze people out of their own accounts, present them with a bill, and essentially say, “if you pay this bill, we will unfreeze your accounts. If you choose to fight us, we will keep your accounts frozen until it’s settled in court.”

Naturally, people pay. Cut off from their financial lifeblood, they’ll do whatever they have to do to be able to put food on the table for their families again. I don’t find much difference between this and any other mob organization, yet somehow when government’s do it, it’s perfectly legal.

The rest of our dinner conversation was highly spirited… I’m not sure if my friend changed his mind, but I truly hope he does. A lot of things don’t really seem like a risk until they happen to you. People often understand academically that risks exist, but they often convince themselves that it can’t happen to them.

People know, for example, that violent crime occurs… but nobody really expects it to happen to them. Likewise, people know that governments go after their own citizens… but not them… right?

This logic contributes to normalcy bias… but it’s completely invalid. Life changing events can often occur in the blink of an eye, and putting just a bit of effort into protecting against known risks certainly makes a lot of sense.

Speaking of risk, I’m on the way to Mexico again tomorrow. The country has been getting a horrible reputation lately for violent crime linked to the drug trade. I’ll be spending a few weeks on the ground and look forward to giving you my take. Things are seldom as they appear in the mainstream media.

Until tomorrow,

Simon Black
Senior Editor,

This article appears courtesy of Notes From The
, a free newsletter dedicated to individual freedom,
internationalization, asset protection and global finance. For a
complimentary subscription, visit

The handwriting on the wall is getting ever larger and larger….Admin

In Government, Political, Political parties on February 21, 2011 at 8:46 pm

>>>>>>>>The walls are coming down and the WRITING is getting Larger..
Wow – who would have thought that this time period would provide such moving instances of public unhappiness with their respective governments.
The trigger was unusually quiet with regard to violence in the 1st instance with Egypt. WE all thought that is would be more or less benign and not have too large an effect on the rest of the region. Little did we know how this would mushroom into what we see now.

Seems the ruling class in these affected countries have a lot of consequence to deal with as well as our country with its particular in-fighting that is occurring now in Wisconsin. That gets me to what I want to say about the Wisconsin problem. Wisconsinites should/must realize that the governor was duly elected by the majority and all really knew just what was to be offered when he took office. It was clarified in debates before the election and was brought to the fore in news broadcasts. The free and easy going of folks who work for the government and associated agencies is now coming to an end. The state is financially crippled with nowhere to go. Referring to the Democrats who abandoned ship and ran to Illinois should be terminated or recalled to explain their actions. This is a democratic republic and running away from your respective positions should not be tolerated by anyone.
The teachers who have violated their contracts via fake sick time should be removed without pay for a period of time. What a travesty, what a lesson for our school children who are still participating in class room studies. My vote is for the Governor of Wisconsin who is definitely doing the right thing to get the state back up and running properly.
This will give impetus to other states also to finally get the impetus to re-work the state budgets and regain their appointed place in the grand union and Republic of ours.
Catch you the next time – Gotta go for now…..

Sovereign Man Notes from the Field Date: February 18, 2011 Reporting From: Panama City, Panama

In Banking, Continental Travel, Expatriation, Money and Finances, Offshore accounts, Opportunity, personal and business, Taxes, Travel on February 18, 2011 at 8:37 pm

Sovereign Man
Notes from the Field
Date: February 18, 2011
Reporting From: Panama City, Panama


This is Holly Pain for Simon Black. As I write this, Simon is onstage, addressing more than 300 people in Panama City, Panama as we begin our unique workshop on internationalizing your life and assets.

Attendees will start taking action right here at the conference, meeting with our experts and starting the process of gaining more freedom and opportunity.

Simon has invited a cadre of his most highly esteemed and personally vetted contacts from around the world to enlighten us about the legalities and logistics of opening banks accounts abroad, gaining second (or third) passports, creating offshore structures and generally becoming more sovereign and independent.

He has also created a workbook full of all the documents attendees need to start taking action right now, here in Panama.

To our knowledge, there’s no other workshop that combines the depth and breadth of knowledge — actionable knowledge — that we’re presenting here.

Today we’re hearing from experts who specialize in:

* International Asset Protection;

* Planting Business Flags in Singapore, Marshall Islands, Cook Islands, Switzerland, Hong Kong and Nevis, among other places;

* Planting Financial Flags in Ecuador, Belize, Hong Kong, Cyprus and Western Europe; and,

* Gaining Residency and/or Citizenship in at least a dozen jurisdictions — St. Kitts, New Zealand, Uruguay, and the EU among them.

We’re tweeting live from Panama (@thesovereignman) with updates throughout the weekend.

We’re also recording the whole thing so that those who cannot be here can learn everything we’re learning and achieve the same access to these dynamic specialists that we have.

More soon.

Until tomorrow,
Holly Pain

This article appears courtesy of Notes From The
, a free newsletter dedicated to individual freedom,
internationalization, asset protection and global finance. For a
complimentary subscription, visit

Sovereign Man Notes from the Field Date: February 17, 2011 Reporting From: Panama City, Panama

In Uncategorized on February 17, 2011 at 5:31 pm

Sovereign Man
Notes from the Field

Date: February 17, 2011
Reporting From: Panama City, Panama

Recent headlines below:

“World Bank: Global food prices are rising to dangerous levels”

“Sysco declares force majeure, raises grocery prices”

“The J. M. Smucker Company Announces Coffee Price Increases”

“Kraft warns on price increases”

“Kellogg says it will raise prices”

“Sara Lee to raise prices again on higher commodity costs”

“Bridgestone To Raise Prices”

“Goodyear will raise tire prices up to 6%”

“Allstate rates rise; patience with execs runs thin”

“State Farm wants 28 percent rate increase in Fla.”

“Blue Shield to delay Calif. health rate hikes [for only 60 days]”

“Wellmark [Midwest division of Blue Cross] Rate Hike Approved”

“Abercrombie & Fitch CEO says retailer will have to raise prices”

“Sprint bumps up its smart-phone data plans $10 a month”

“Xcel Energy customers to see rate hikes”

And then there’s this quote to tie it all together:

“Overall inflation is still quite low and longer-term inflation expectations have remained stable.” — Ben Bernanke, February 9, 2011

If it wasn’t perfectly clear before, it should be now. This man is either completely out of touch, or he’s a conniving liar. In either case, you should not allow him to be responsible for your well being.

Don’t let the rising stock market fool you into thinking that everything is back on track. It’s impossible to read these headlines and not see at least half of the things that you use frequently– food, coffee, electricity, mobile phone, insurance…

Here’s the bottom line– failing to properly protect your savings, seek alternate sources of income, and diversify your sovereign risk gets you a free one-way ticket on the economic Hindenburg.

Inflation begets economic trouble. Economic trouble begets social unrest. Social unrest begets political instability… and as we saw in Egypt, political instability (and social unrest) begets a police state.

If you don’t want to be around for it, I’d suggest taking action immediately. The quick start guide is this:

1) Open a foreign bank account. Even if you don’t fund it yet, at least have the means to shovel your money overseas in a hurry.

2) Park at least a portion of your savings in stable, inflation-proof assets, preferably overseas.

3) Look for alternate sources of income– don’t rely on the traditional job market or wait for the government and central bank to create jobs… everyone is good at something, most likely a lot of things. Think about how you can add value, how you can solve problems.

If you’re looking for ideas, particularly for an Internet-based business, one site that I strongly recommend you check out is, run by my close friend and entrepreneurial guru Craig Ballantyne.

4) Look at your own personal vulnerabilities. What would happen if you lost your job? If food became extremely expensive? If gas prices made normal commuting and errands cost prohibitive? If your healthcare became unaffordable? Consider lifestyle changes to reduce these vulnerabilities.

5) Begin researching, in earnest, places overseas where you can go and can live comfortably with the right opportunities you’re looking for. Frequently, the lifestyle changes you need to make can be easily found overseas.

Look, if the skies open and some white knight comes riding in to save the day and stave off any major crisis, you won’t be any worse off for increasing your self-reliance and making preparations. You have nothing to lose and everything to gain by being cautious.

More than likely, though, the miraculous white knight will never come, and just a few years from now, people will be wondering, ‘how the hell did we ever reach this point?’

I think at that point, a few years from now, people will look back today and wonder why they didn’t see the warning signs… in the future, when hindsight is 20/20, it will seem to have been so obvious today.

Stop listening to national leadership and start listening to your instincts. They’re telling you that something’s wrong, and the clear, obvious facts confirm those suspicions. The only people who don’t get it are the ones pulling the strings.

Until tomorrow,

Simon Black
Senior Editor,

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