De-Dollarization is a Serious Thing
It’s not just a fleeting crypto phenomenon among keyboard warriors and gauche entrepreneurs. Whole countries are participating in what is called de-dollarization. June 7, 2021 By: Bobby Casey, Managing Director GWP The US dollar has largely been propped up by some screwball deals and brute force. That’s the very abridged account of things since around […]
Dimon Hints at Disaster in the U.S. Economy
The volatility and general weakness of the US economy has not gone unnoticed. In fact, we could be seeing the early signs of capital flight out of the US. “Americans know that something has gone terribly wrong,” wrote JP Morgan CEO Jamie Dimon in his annual letter to U.S. investors. Ray Dalio even warned […]
China Making Money Moves
China is making money moves that include a digital currency and doubling their gold buying quotas since 2019. April 19, 2021 By: Bobby Casey, Managing Director GWP A lot of the news is buzzing about guns, police, the border, and Afghanistan. As it turns out, a Biden-Harris administration couldn’t magically make everything better. In the […]
The Paradoxical Relationship Between Crypto and Fiat Currencies
A paradoxical, peculiar and precarious relationship between crypto and fiat currencies has emerged, but it’s not tenable for long. April 12, 2021 By: Bobby Casey, Managing Director GWP The history of the US dollar is a tragedy. Like many great empires, they rise and they fall. Their rise is hard-won and often starts very righteous. […]
Operation Choke Point in the U.S. – Again?
A recent reiteration of Operation Choke Point threatens free speech to its core, with cancel culture at the helm. If you’re a U.S. citizen who thinks that someone at your bank couldn’t have your account shut down based on your political views, you’re wrong. But that wasn’t the case during the last part of the […]
If Hyperinflation Hits the U.S. It Will Already Be Too Late…
The level of hyperinflation the US is heading toward might not be one that can be avoided or corrected if they stay on this trajectory. Inflation is bad when it’s allowed to get out of control. Hyperinflation is worse, something Jim Rickards defined as “when prices increase 50% or more in a single month.” And […]
Economy Heading Toward Greater Wealth Divide
The economic fallout of 2020 is leading to greater wealth divide within first world countries and between first world countries and developing ones. March 8, 2021 By: Bobby Casey, Managing Director GWP Those who know me, know I don’t vote. If anything, I vote with my wallet and my feet. I’ve opted out of the […]
The Threat of Debt
Democrats pass the torch of caring about the debt back to Republicans, but people should genuinely care about the US debt for more than political posturing. February 15, 2021 By: Bobby Casey, Managing Director GWP A name that has resurfaced in the United States is that of Janet Yellen. She stepped down as Federal Reserve […]
The Decentralization Trend is Clear and Accelerating
The big lesson to take away from 2020 is decentralization of investments, platforms, and even your business. Great freedom awaits for those who get ahead of this curve. The past year has been interesting to say the least. We’ve seen a lifetime of craziness packed tightly into a 12 month window. And it seems this […]
The IRS Versus Tax Loopholes
The IRS will stop at nothing to capture a few more bucks in revenue. They seek the cooperation of foreign banks, and even crossed the Constitutional line. Taxation is theft. The U.S. was founded in part as a resistance to taxation. And for about 100 years, that resistance was pretty effective. Then, in 1862 an […]
