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.
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.
Argentina Got This Warning Before Its Collapse. America Just Got It Last Week.
Argentina Got This Warning Before Its Collapse. America Just Got It Last Week.
Notes From the Field By James Hickman (Simon Black / Sovereign Man) April 20, 2026
In early December 2001, ‘normal’ life very suddenly ceased to exist in Argentina— anything that remotely resembled a functional society came to an abrupt end. And that is by no means an exaggeration. The banking system collapsed. Financial transactions ground to a halt. Desperate people looted supermarkets for food, and then grocery shelves emptied. Energy ran short. Riots broke out in the streets, and police were shooting citizens in the face.
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.
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.
Two Weeks to Stop the Spread of War
Two Weeks to Stop the Spread of War
Notes From the Field By James Hickman (Simon Black/Sovereign Man) April 8, 2026
On August 15, 1945, after two of their cities had been obliterated by the world's first nuclear weapons, the people of Japan heard the voice of their young Emperor for the first time ever.
Hirohito went on what was a relatively new communications medium at the time—the radio— and gave one of the most bizarre speeches in all of human history, in which he told his subjects that "the war situation has developed not necessarily to Japan's advantage."
Phone Service for 94,000 Dead People, and Other Things Congress Won't Cut
Phone Service for 94,000 Dead People, and Other Things Congress Won't Cut
Notes From the Field By James Hickman (Simon Black) April 1, 2026
Earlier this year, the House DOGE Subcommittee pulled spending records from the Department of Transportation and discovered that the agency had spent $55 million on office furniture over the past few years. That’s about $1,000 per employee, which might not sound so crazy, until you realize that this was during a period when only 9% of DOT employees were actually showing up to the office.
What If This Is All Part Of The Plan?
What If This Is All Part Of The Plan?
Notes From the Field BY James Hickman (Simon Black) March 24 2026
You don’t have to look very hard these days to see widespread criticism of the conflict in Iran.
Obviously, there are the usual suspects like the New York Times and Washington Post who have called it “folly” and “rotten”. But plenty of voices on the right have joined in the criticism as well.