6 U.S. Banks May Bring the U.S. Economy to a Halt…
There are 12 “too big to fail” banks in the U.S., but the six biggest could bring down the whole economic “house of cards” if a significant correction or recession hits. Thanks to a couple of recent reports published by the U.S. Treasury, we can see the reason why a catastrophe could happen if […]
One Tiny Gap Lets this Thief Into Your Bank Account
Banks are no longer the safest place to store your money or wealth, as they have fallen victim to not only corruption, but cyber attacks. At least 90% of all financial institutions have been targeted by a most sinister type of crime, repeatedly. U.S. financial services firms (like your bank) fall victim to this type […]
Protect Your Cash: Don’t Carry Any!
Imagine being presumed guilty of money laundering, tax evasion, or improper reporting for simply being in possession of a large sum of cash. It’s legal and it’s happening. December 16, 2019 By: Bobby Casey, Managing Director GWP You have too much cash and no permit for it. Imagine hearing those words and being brought up […]
Government Polices Will Drive People Toward Cryptocurrencies
The fiscal policies of the Federal Reserve could be driving more people toward cryptocurrencies, as the US seems incurably codependent on Fed intervention. December 2, 2019 By: Bobby Casey, Managing Director GWP Thanksgiving is a time to show appreciation for what you have. Your loved ones, your health, and even your material abundance. People who […]
22 Trillion Reasons to Get Ready for a Market Crash
We live in strange times indeed. If you only pay attention to the mainstream media in the U.S., it would seem like everything is fine. Corporate profits are up, home sales are up, the Dow Jones is up, and unemployment is down. Sounds good, right? Yet, if you look just below the “surface” of propaganda-led […]
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-Denominated Bond
The China-Russia partnership just got kicked into high gear with Russia set to launch the first yuan-denominated 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 […]
