How is the US Going to Pay for That Spending?

Top Democratic contenders are suggesting $22.25 to $47.2 Trillion in spending with no significant cuts to anything other than private sector wealth. September 23, 2019 By: Bobby Casey, Managing Director GWP I’ll ask the Democratic candidates the same question I asked Trump regarding his tariffs, wall, and military spending: How are you planning to pay […]

When Will Altcoins Catch Up to Bitcoin?

By Teeka Tiwari, Editor, Palm Beach Confidential I’ve gotten a lot of mail recently from people wondering, “When will altcoins catch up to Bitcoin?” Before I answer that question, I need to talk about Bitcoin… We’ve seen Bitcoin go as high as $14,000 this year before dropping to $9,180. Despite the pullback, it’s still up […]

Emerging Market Citizens Turning to Crypto

By Teeka Tiwari, Editor, Palm Beach Confidential Emerging market currencies are getting hammered… China’s yuan recently fell to fresh 11-year lows amid trade war worries with the U.S. In August, the Argentine peso crashed 30.3%—in one day. And last year, the Turkish lira lost 30% against the U.S. dollar. (And it continued to fall—plunging over […]

Russia to Launch First Yuan-Dominated Bond

The China-Russia partnership just got kicked into high gear with Russia set to launch the first yuan-dominated bond in the next few months. September 9, 2019 By: Bobby Casey, Managing Director GWP China has been busy printing money and buying gold, engaging in a precarious game of cat and mouse with the US. Before Trump […]

Is the US Headed Toward Greatness?

Economic tinkering, more of the same with the surveillance state, and a precarious trade war isn’t what one would expect on the path to greatness. August 26, 2019 By: Bobby Casey, Managing Director GWP When the MAGA slogan first came out, it was criticized for the same reasons as Michelle Obama’s statement, “for the first […]

Unintended Consequences of Trade War with China

The trade war is escalating to what might become a currency war. Other unintended consequences have followed, making global markets nervous. August 12, 2019 By: Bobby Casey, Managing Director GWP In this battle of will between the US and China, inevitably, the victims will be the private consumers. At the G20 Summit in Japan, it […]

Lehman-Style “Lock-Up” May Freeze Deutsche Assets…

Poor management decisions at the bank level can lead to some scary decisions like frozen accounts. The spin Deutsche put on it makes it even scarier. August 2, 2019 James Simons heads up one of the world’s top-performing hedge funds (Ren-Tech). This fund got to that esteemed position by making predictions so accurate it seemed […]

The SECURE Act: Good or Bad for IRAs?

The SECURE Act has a provision in it which puts a wrench in the estate planning strategy of Stretch IRAs, and it looks like a money-grab on the 1%. July 22, 2019 By: Bobby Casey, Managing Director GWP By the end of first quarter in 2017, US total retirement holdings was just over $26 Trillion. […]

Interview: 12 Minute Convo

July 17, 2019 Bobby Casey and Engel Jones have a brief conversation about the dynamics of working with entrepreneurs and what keeps him going. A little motivation, some relateable content, and insights… enjoy the conversation! Until next time, Live Well.

Deutsche Bank Investigated for Money Laundering (And This)

Several banks around the world are jeopardizing their depositors’ holdings with some rather shady dealings with money launderers. July 16, 2019 What would you think if you went down to the local coffee shop, got a newspaper, and read that your bank was being investigated for money laundering? We’ve previously covered an instance where a […]