While Latvia is quite chilly now, the Latvian banking sector is heating up with foreign deposits. Dateline: Chicago, United States I’m spending a few days with business...
The ancient Roman price controls still in effect today
Walking in front of Caesar's Palace in Las Vegas reminded me of the negative effects of ancient Roman price controls... and how they're still hurting you today Dateline: Las...
The curse of economic isolation: how governments forget history
Dateline: San Francisco, California, United States Economic isolation is the kiss of death for an economy. Sometimes, it happens slowly. Other times, it happens all at once. But...
What is the new “safe haven currency”?
Dateline: Taipei, Taiwan I joined with a sea of other revelers last night to usher in the New Year under the city's iconic Taipei 101 tower, the world's second tallest building....
Two currency diversification plans to consider in 2014 and beyond
Dateline: Taipei, Taiwan I'm a fan of gold and other ways of protecting my hard-earned capital from the "easing" policies of the Fed and others. In fact, several hours of our...
How to Buy Gold… And Why to Avoid US Gold Coins
Dateline: Davao, Philippines Today, Butuan - located on the other side of the island of Mindanao - is just another third-tier city in the Philippines. However, long before the...
Invest in Agriculture in Philippines without Getting Dirty
Dateline: Manila, Philippines As central banks continue to push the “Copy” button on their printers, and the world population continues to grow, we’ve become a bigger fan of...
Philippine Pesos: Ones Reason to Make Real Estate Investment Philippines
Dateline: Manila, Philippines It’s been eight months since I was last here in the Makati central business district of Manila. It’s amazing how much has changed since then....
Want to Set Up A Singapore Company? Here’s Your Full Guide
Dateline: Singapore As a contrarian entrepreneur and investor, I like to zig where others zag. Especially in lower-end businesses, many just follow the herd mentality and don't...
The 5 Best Gold Bullion Coins for Global Citizens
Last updated October 15, 2020 Buying gold bullion is a good way to diversify your assets out of fiat currencies. However, your home country's world view may be putting your gold...
High taxes, government inefficiency, and the Four Minute Mile Effect
Dateline: Singapore Westerners have been taught from day one that high taxes and government inefficiency are simply the "price we pay for civilization". If you believe that,...
How to avoid the coming global wealth tax
Dateline: Singapore While Singapore isn’t exactly my cup of tea as a permanent residence, it’s always a pleasure arriving here for business. I flew to Singapore from Indonesia...
Chinese Flying Money: don’t make this funny money mistake
Dateline: Jakarta, Indonesia The cafe scene here in Jakarta is quite something. Like many cities in Asia, some of the best casual and upscale dining is done in shopping malls. As...
The Indonesian currency revaluation: how not to profit from central banks
Dateline: Jakarta, Indonesia I wasn’t sure what to expect from Jakarta. Indonesia, which east-to-west spans about as much of the Indian Ocean as Australia, is an intriguing and...
How to buy Malaysian real estate as a foreigner
Dateline: Kuala Lumpur, Malaysia It's no secret that I'm a fan of Kuala Lumpur, Malaysia. In fact, I like it so much that I dubbed it the third most livable city in booming...
The Best Offshore Havens for Bank Secrecy
Last updated November 14, 2020 Bank secrecy has long been a target of international groups opposed to offshore tax havens. The argument goes that if governments don’t know who...
Are high interest rates on emerging market currencies worth it?
Dateline: Kuala Lumpur, Malaysia Jim Rickards recently said that with the central bankers' madness infecting the Australian dollar, there were only three strong, stable...
Buying Foreign Real Estate to Get Airbnb Rent Yields
Reporting from: Kuala Lumpur, Malaysia A few months ago, I met with several expat entrepreneurs in Ho Chi Minh City, Vietnam. Among all of the business talk, they threw out one...
Top 5: Countries by highest inflation rate
Milton Friedman said that inflation is "always and everywhere a monetary phenomenon". Throughout history, plenty of countries have seen inflation rates so high that...
Should you invest in non-convertible currencies?
Reporting from: Nong Khai, Thailand - en route to Myanmar I have to admit, I screwed up yesterday. In my rush to get out my last meeting in Vientiane, Laos, and to the airport in...
