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 […]
Interview: Bobby Casey & Michael J. McGovern
April 30, 2021 Bobby Casey & Michael J. McGovern In this interview, listen as Bobby and Michael discuss everything from cryptocurrency to offshore living as a digital nomad. Bobby also explains how this can be a time of great opportunity for entrepreneurs, investors, and people who have been putting off their digital nomad aspirations.
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 […]
Here Comes the Infrastructure Bill
Congress is rolling out its $1.9 trillion infrastructure bill, and two-thirds of it has nothing to do with infrastructure. April 6, 2021 By: Bobby Casey, Managing Director GWP The US has some recurring bills that get renewed every so often, and they are doozies. I’m sure you’ve seen me write about the Patriot Act and […]
US Left in a Lurch While Biden is Distracted with China
While the US is in shambles, President Biden wants to size up a trans Eurasia project to “compete” with China’s Belt and Road Initiative. March 29, 2021 By: Bobby Casey, Managing Director GWP It feels like normalcy is in a bit of a hostage situation. People want their lives back. They want to make plans […]
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 […]
Economy Needs to be Allowed to Recover
All the headlines and policy responses from government indicate they aren’t ready to allow the economy to settle and recover so they are keeping the wound open. February 22, 2021 By: Bobby Casey, Managing Director GWP Remember being a kid and scraping your knee? What kid could resist picking at the scabs? Whether out of […]