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The BBC wants to Make the Taliban Great Again
The BBC wants to Make the Taliban Great Again
Notes From the Field By James Hickman (Simon Black / Sovereign Man) May 22, 2026
This week the British Broadcasting Corporation flew halfway around the world to find a sad story that it could blame on (1) America and (2) climate change. Their drama opens in Afghanistan’s Ghor province, where fathers line up before dawn at a dusty square hoping to find a day’s work. One man weeps that he is preparing to sell his seven-year-old daughter to feed the rest of his children.
How To Lose Billions Of Dollars: Trust The US Government
How To Lose Billions Of Dollars: Trust The US Government
Notes From the Field By James Hickman (Simon Black / Sovereign Man) May 19, 2026
America was at the top of the world in 1955. World War II had been over for ten years. Soldiers had come home to GI Bill mortgages in brand-new suburbs. Detroit was building cars faster than anywhere else on the planet.
And the economy was booming— in fact that year a milkshake-machine salesman named Ray Kroc had just franchised his first McDonald's on a roadside in Illinois.
The Decade That Made Secession Seem Normal
The Decade That Made Secession Seem Normal
Notes From the Field By James Hickman (Simon Black / Sovereign Man) May 18, 2026
Almost ten years ago to the day, I woke up in my hotel room in Bangkok and flipped on the TV; it was late, late in the evening in the UK, and the BBC News was broadcasting live coverage of the Brexit vote.
As the results slowly trickled in and it became clear that Brexit would prevail, the news anchors could not hide their shock and horror; the idea that British voters would actually choose to leave the European Union was, to them, incomprehensible.
How The World Is Starting To Look Like 1492 All Over Again
How The World Is Starting To Look Like 1492 All Over Again
Notes From the Field By James Hickman (Simon Black / Sovereign Man) May 14, 2026
In the year 1484, a thirty-something year old sailor from Genoa was working in Lisbon when he stumbled upon a bold idea. For the previous decade, he had served as a crewman on several Portuguese commercial expeditions to haul physical resources like gold, ivory, and fish from Asia back to European ports.
These voyages were treacherous; they all crossed into maritime territory controlled by the Venetians, Ottomans, or Egyptian Malmuk. So there was a high likelihood of a vessel being confiscated and its crew being captured or killed.
$100,000 Income is Now "Lower-Middle Class"
$100,000 Income is Now "Lower-Middle Class"
Notes From the Field By James Hickman (Simon Black/Sovereign Man) May 12, 2026
Henry VIII probably thought he was being extremely clever when he started debasing his currency in 1544... and assumed that, if he reduced the silver content slowly and gradually enough, perhaps no one would notice.
But the King was hilariously wrong.
Mark Zuckerberg Makes a Strong Case for Real Assets
Mark Zuckerberg Makes a Strong Case for Real Assets
Notes From the Field By James Hickman (Simon Black / Sovereign Man) May 7, 2026
Mark Zuckerberg had his hands full last week trying to calm the storm at his company.
In an employee conference call, he had to quell a great deal of panic over the company's performance.
Growth at Facebook/Meta is slowing, the stock price is down, and the company is dealing with significant regulatory and economic headwinds. And workers are unsettled.
Iraq Economic News and Points To Ponder Monday Afternoon 5-4-26
Iran War: What’s Happening On Day 66 As Trump Announces Hormuz Mission?
EXPLAINER News US-Israel war on Iran Trump orders new Hormuz mission after Iran says it receives US response to its peace proposal by Al Jazeera Staff and Reuters Published On 4 May 20 26
United States President Donald Trump has announced a naval mission called Project Freedom to help navigate stranded ships through the Strait of Hormuz, which remains under a de facto Iranian blockade. The operation will start on Monday, the US president says.
The Last Time America Hit 100% Debt-to-GDP, A Golden Age Followed
The Last Time America Hit 100% Debt-to-GDP, A Golden Age Followed
Notes From the Field By James Hickman (Simon Black / Sovereign Man) April 30, 2026
In the spring of 1946, hundreds of thousands of American soldiers were coming home from Europe and the Pacific, maimed, bruised, and shell-shocked. The economy they returned to was upside down.
Detroit was making tanks, not automobiles. Factories were making bullets, not baby carriages. Food was rationed. Fuel was scarce. And, overall, life in America had been bleak for the better part of two decades. The Great Depression gave way to a stretch of war that led many Americans to fear that their kids would soon be speaking German and goose-stepping with the Hitler Youth.
The ‘Expert’ Who Said ‘Globalization Would End War’ — 5 Years Before WWI
The ‘Expert’ Who Said ‘Globalization Would End War’ — 5 Years Before WWI
Notes From the Field By James Hickman (Simon Black / Sovereign Man) April 28, 2026
In 1909, a British journalist named Norman Angell published The Great Illusion, claiming that war between major global powers had become obsolete. Nations were too interlinked, he argued. Capital was too entangled. Trade was too valuable. And no nation would put that prosperity at risk. War and conquest were things of the past.
But think about the world back then: Europe was in the middle of la Belle Époque, a stretch of unprecedented peace and prosperity. It had been nearly 40 years since the last major war (Franco-Prussian War) in 1871.
Why Central Banks Are STILL Dumping Dollars for Gold
Why Central Banks Are STILL Dumping Dollars for Gold
Notes From the Field By James Hickman (Simon Black/Sovereign Man) April 22, 2026
In late February 2022, days after Russia invaded Ukraine, the United States responded by freezing billions of dollars of assets owned by the Russian government.
Whether or not that action was justified is beyond the point. US government bonds had long been considered the safest asset on earth. But every central banker on the planet learned an important lesson that day– US Treasury bonds were only safe as long as their country stayed on America’s good side.
Why the Government Runs Like a Bloated Chrome Tab
Why the Government Runs Like a Bloated Chrome Tab
Notes From the Field By James Hickman (Simon Black / Sovereign Man) April 17, 2026
I had a Commodore 64 “computer” when I was a kid. I know I’m dating myself with that reference... but I’m telling you— back in the 80s, a Commodore was pretty hot stuff. It was basically an antique typewriter that you plugged into a television (sort of like a Nintendo or other gaming console). And they called it a Commodore “64” because it had a whopping 64 kilobytes of RAM.
"Kilobytes" is not a typo. For context, most mobile phones today have 8 gigabytes of RAM, and a gigabyte is roughly 1 million times a kilobyte
There Is No "Fair Share" — There Is Only “More”
There Is No "Fair Share" — There Is Only “More”
Notes From the Field By James Hickman (Simon Black / Sovereign Man) April 16, 2026
In April 1971, Keith Richards loaded his family and his Bentley onto a cross-Channel ferry and drove south until he hit the Mediterranean. He rented a 19th-century villa called Nellcôte on a hillside above Villefranche-sur-Mer, and converted the basement into a recording studio.
Over the following year the rest of the Rolling Stones rotated through the house and nearby properties to record the double album that became Exile on Main St., while staying deliberately out of reach of the British tax authorities.
The $13,000 Apartments the Government Won't Let You Buy
The $13,000 Apartments the Government Won't Let You Buy
Notes From the Field By James Hickman (Simon Black/Sovereign Man) April 14, 2026
On May 20, 1862, Abraham Lincoln signed the Homestead Act into law, and it essentially said: here's 160 acres of land. It's yours. For free. All you have to do is live on it and improve it. And between 1862 and 1934, the federal government distributed 270 million acres under the program — roughly 10% of all the land in the United States.
Even as far back as the American Revolution, the Founding Fathers understood that property ownership made people more engaged, more productive citizens. Ownership meant that you had a vested financial interest in your community... and your country.