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Our Website: http://phx-cap.com/ If you'd like to contact Peter Pham or Phoenix Capital, please email [email protected] Follow us on Twitter / the_big_trade This conversation is also available at @iTunes https://itunes.apple.com/us/podcast/p... @Stitcher http://www.stitcher.com/podcast/the-b... @Podomatic http://thebigtrade.podomatic.com/entr... Simon Black, “The Sovereign Man”, joins the conversation. Simon begins by sharing his thoughts on the current state of governments and central banks. The discussion progresses to cover the US dollar’s status as the world’s reserve currency and whether or not it will continue to maintain this status. Peter and Simon delve into a number of different scenarios that could occur related to the US dollar. They talk about the impact of the IMF as well as other institutions on the changing global currency environment. Simon talks about current perceptions of risk, and the two have a debate about risks associated with current equities markets. Simon mentions Ben Graham’s concept of “margin of safety” as it applies to various investing activities. They further discuss risk and currencies, and the conversation concludes with a word association game.