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 […]
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. […]
