government intervention

Government: Over Promises, Under Delivers

October 12, 2015 By: Bobby Casey, Managing Director GWP Ever hear, “Ignorance of the law is not an excuse to violate it,” or some derivative of that? While societal laws are often an arbitrary moving target, the laws of economics are about as clear as the laws of physics. They can only be bent for so long before they snap back and right themselves. If quantitative easing has taught us nothing at all, it’s what happens when the government interferes in manipulation of value. The same is obviously true for the minimum wage. It sets expec … [Read More...]

QE explained

The “People’s QE”

October 5, 2015 By: Kelly Diamond, Publisher While everyone is squawking over gun control, monetary policies are coming to a head… on a global scale. Indeed while the global markets lost $10 Trillion in value over the last three months, we have basic idiots eagerly welcoming all things Pumpkin Spice back to the store shelves and crying over gun control. Gun control is such an obvious distraction, I’m surprised people still bite the line when baited. Alas, there will always be the liberal who goes guano over guns and the conservative who … [Read More...]

brokerages not banks

Will Your Savings Survive the Next Banking Crisis?

September 30, 2016 By: Gordon Haave, Managing Director Agora Trust Ltd. It was the financial crime of the decade. A connected politician stole hundreds of millions of dollars to cover his own trading losses, and, as expected, he was never charged with a crime. This was the story of Jon Corzine and MF Global. In its carnage, the MF Global debacle teaches us how to protect our assets during the next financial crises, and make no mistake, there will be one. MF Global, (formerly known as Man Financial) was a major derivatives, foreign … [Read More...]

passport control

Passport Controls

September 28, 2015 By: Kelly Diamond, Publisher I find myself often engaging in conversations having to do with moving and relocating. I’ve done it my whole life. My family was moving on average every two years my entire childhood, not because my dad was military or anything. He was just restless, I suppose. My sisters went on to plant some roots, but I carried on the tradition of moving every so often. I’ve lived Oregon, Michigan, Texas, and New Hampshire, and all over California. I also spent a little time out in Japan and Aus … [Read More...]

daraprim shkreli

In Defense of An @sshole

September 26, 2015 By: Gordon Haave, (I understand that Shkreli has announced that he will reduce the price but has not said what the new price will be. This matters not. This analysis stands whether the price is $100 or $750 per pill.) The vilification of Martin Shkreli, who the Internet has dubbed “The World’s Biggest Asshole”, raises a number of interesting issues. Questions: What is the proper price for the drug Daraprim? Why was it selling for far less very recently? Is Shkreli, in fact, an asshole? Who is more moral, … [Read More...]

war health of state

War is the Health of the State

September 23, 2015 By: Claudio Grass In an essay titled “The State”, Randolph Bourne, an American writer, made a distinction between a country and a state that I find crucial. He described one’s country as “an inescapable group into which we are born”. In his view, a country is “a concept of peace, tolerance, of living and letting live. But the State is essentially a concept of power, of competition; it signifies a group in its aggressive aspects. And we have the misfortune of being born not only into a country but into a State, and as we … [Read More...]


Outdated Notions Will Lead to Collapse

September 22, 2015 By: Kelly Diamond, Publisher Tides are shifting, priorities are reconfiguring, values are changing, and the elites in power are woefully behind the times. Bobby published an article a while back “Go Paperless as a Digital Nomad” discussing how the landscape has changed since the days of his father. Suits, ties, cubicles, and paper ledgers are going the way of the dinosaur. Now in many cases there are digital means of accomplishing the same tasks digitally from a laptop anywhere in the world! People’s priorities are … [Read More...]

top heavy

Top Heavy Economy

September 14, 2015 By: Kelly Diamond, Publisher A shocking statistic crossed my feed the other day: Government employees outnumber manufacturing employees by nearly 2 to 1. The first question might naturally be: Has manufacturing EVER outnumbered government employees? And the answer would be, yes. Up to 1989, in fact, manufacturing employment was higher than that of government. We actually have LESS people employed in manufacturing today than we did in the year leading up to the attack on Pearl Harbor.   “There w … [Read More...]


Why Central Banks Are Pressing Investors To Hold Gold

September 11, 2015 By: Claudio Grass This is an article from Global Gold's Outlook Report (subscribe on It has been nearly three years since we published our first Outlook Report in December 2012. Since the beginning of our publication, we have focused on different aspects of the gold market and have analyzed what moves the gold market. In this article, we would like to re-examine some of the topics that we had previously discussed and analyze whether any of our assumptions have changed. Financial Repression … [Read More...]

panama friendly nations visa

Is Residency in Panama Right for You?

September 10, 2015 by Bobby Casey When considering the various options for internationalizing your life, the question of “where” is always at the top of that list. However, “where” can have many variations in meaning, depending on your personal situation. For example; Where should I live? Where should I establish foreign residency? Where should I spend my winters/summers/holidays? Where should I invest in real estate? Where should I do my personal banking? Where should I have my “home base”? Here at Global Wealth Pro … [Read More...]

fistful of sand

Tightening Fists Around Sand

September 7, 2015 By: Kelly Diamond, Publisher There are a few things happening right now, and the balance is delicate to say the least. First, you have China’s ailing manufacturing market and volatile yuan. This, naturally affects her neighbors as well. Second, you have Iranian sanctions set to be lifted by spring of 2016. Third, you have economic turbulence in the EU. These factors make it really difficult for the United States to throw the full and righteous tantrum it wants to. Not that the US won’t slam a few doors and thr … [Read More...]

shadow economy

System D (or Shadow) Economy

August 31, 2015 By: Kelly Diamond, Publisher The primary candidates on both sides are amping up the rhetoric against “illegalities” and “safety”, while trying to temper it with some feigned reverence for civil liberties and individual rights. Donald Trump and Bernie Sanders have it out for illegal immigrants. Trump thinks immigrants should all be here legally. He’s toyed with the idea of a merit based process based on productivity, but he ultimately wants to bolster the border with walls and more men and send the bill back to Mexico. … [Read More...]

solving healthcare

The Ever-Changing Healthcare Problem

August 24, 2015 By: Kelly Diamond, Publisher It’s pretty safe to say that Obamacare is a train wreck. Not that I ever held out hope that it would amount to anything other than that, but I certainly didn’t want it to cause the amount of misery and destruction that it has. It’s like being tied up to a chair in one room while your captor says, “Wait here while I deal with the folks in the other room.” There’s nothing I could do to stop him except wish he’d spare their lives and not be as cruel as I expect him to be. Every several months, n … [Read More...]

china ripple

China’s Ripple Effect

August 17, 2015 By: Kelly Diamond, Publisher About a year and a half ago, I wrote a blog entitled “China’s Recent Monetary Moves”. I wrote a couple afterward, touting – if not praising – the clever tactics in which they were engaging. I don’t think the current state of things cancels out everything I’ve written, although admittedly, I am cooling my “Go China Go” jets a bit. It would seem I gave far too much credit to China on a few things: 1. That they had any faith in fundamental market forces, much less understood them; 2. That their … [Read More...]

puerto rico default

Puerto Rico Defaults

August 10, 2015 By: Kelly Diamond, Publisher “Puerto Rico, My heart's devotion, Let it sink back in the ocean. Always the hurricanes blowing, Always the population growing, And the money owing.” ~West Side Story Not much has changed since this 1961 classic was released. It’s been decades in the making, but the “money owing” caught up with the tiny commonwealth. About a week ago, a payment of $58 million came due, the majority of which was interest. Puerto Rico serviced a little over 1% of it ($628,000). The $58 millio … [Read More...]