by Wolf Richter
America is Ground Zero
J. Spittler, editor of The Daily Dispatch: What are some of your most successful crisis investments?
Nick Giambruno: In 2013, the tiny European island of Cyprus had a banking crisis. Its stock market plunged 98%. It was one of the most significant financial crises in recent memory.
So Doug Casey and I packed our suitcases and boarded a plane for Cyprus. We put our “boots to the ground” and looked through the rubble for incredible bargains.