12/10/2014 - Simon Black, the SOVERIGNMAN with the FRA
Special Guest: Simon Black, the SOVERIGNMAN
SIMON BLACK , is the publisher of SovereignMan.com and “Sovereign Man: Confidential” – An International Investment Intelligence Service. A graduate of West Point he served tours of duty in the middle east as an intelligence officer before beginning SovereignMan.com. He has visited over 116 countries and visits 40-50 countries annually looking for investment solutions to suit the realities of today’s increasing government regulations and restrictions.
“Financial Repression is Theft.
It is a very clever, cunning deceitful form of theft.
Governments are stealing purchasing power and essentially defaulting on their obligation to maintain a sound currency.”
“Presently in many cases you have to pay a bankrupt government for the privilege of loaning them money!
Negative real interest rates is covert theft”
Simon believes that the mentality of many governments has shifted from an ‘abundance mentality’ to a negative ‘scarcity mentality’ that has left them chasing innocent, harmless people around the world (ie witness FATCA and the avalanche of renouncing citizenship) versus trying to attract productive people, being more competitive and “making the pie bigger”. This is no longer the thinking that the US was founded on.
THE SOVEREIGN MAN APPROACH
The problem we’re facing is the fragility and danger that comes from massive centralization of economic and political power. The solution then, is to decentralize.
This strategy of diversifying aspects of your life across the globe is calledInternationalization, and that’s what Sovereign Man’s Six Pillars of Self Reliance are about.
The SIX PILLARS OF SELF RELIANCE – Financial sovereignty in the 21st century
- Move your money to safety – Foreign banking
- Establish new roots abroad – Second residence and second passport
- Don’t bet your life on a single currency – Alternative stores of value
- Rely on yourself – Personal resilience in a fragile world
- Grow your wealth – Entrepreneurship and private investments
- Protect what you hold dear – Asset protection and privacy
