John Rubino

Global Currency Crisis: Why Gold Is the Real Money Option

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Fiat Currency Experiment Ending Globally

Fiat Currency Experiment Ending Globally Greg Hunter – Analyst and financial writer John Rubino has been warning of a currency crisis for the last few years, but it’s not just the US dollar, euro or the yen. Almost every country has exploding unpayable debt, and there is not a fiat currency that is going to survive.

Rubino explains, “If you watch the financial press, they are noting that the price of gold is going up, but they are treating it like any other asset. Gold is humanity’s oldest form of money. So, when it goes up in price, that means the currencies against we are measuring it are going down in value.

What we are seeing all around the world is fiat currencies declining in value dramatically . . . especially against gold. Gold, just in the last couple of weeks, pierced not just its all-time nominal high, but its all-time inflation adjusted high. This is a much bigger deal because we have had so much inflation in the last 30 or 40 years.

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U.S. Financial Death Spiral [Video]

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U.S. Financial Death Spiral [Greg Hunter – Analyst and financial writer John Rubino has a new warning about being fooled into thinking the economy is improving because inflation and interest rates have fallen some recently.

Rubino says, “If the U.S. government is running crisis level deficits, which it is right now, borrowing money and paying interest on it means we are in a financial death spiral.

The debt goes up, the interest on the debt goes up and that raises the debt even further, and you just spiral out of control. We are there right now. The official U.S. debt is $33.5 trillion. It’s growing by $1.7 trillion a year, and $1 trillion of that is interest costs. Continue reading →

Global Monetary Experiment Ends in a Bloodbath [Video]

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Global Monetary Experiment Ends in a BloodbathGreg Hunter – Analyst and financial writer John Rubino said in February, “We are in a debt and death spiral” that will force dramatic changes on the world. It was a direct hit because in March, Silicon Valley Bank (SVB) tanked, and the FDIC and the U.S. Treasury were forced to basically back-stop the entire banking system.

The financial problems are far from over as Rubino explains, “Basically, interest rates have been artificially low for a decade . . . . In that time, crazy numbers of office buildings went up and were financed at really low rates. . . .  Now, office vacancy rates are spiking, which means office building are not profitable anymore. Continue reading →

Confronted with a Nightmare Scenario [Video]

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RubinoGreg Hunter – Financial writer John Rubino says there is no easy way out for the financial and political mess the United States has created for itself.  Rubino starts with the economic problems and explains, “Now, inflation is starting to spread. . . .

Look at lumber.  If you are trying to build a house, it’s $35,000 more now than it was two years ago just because of lumber.  Iron ore, house prices, grains, food and you name it, we’ve got inflation going on.  At the same time, we have an apparent labor shortage.  All these companies are coming out and saying we would love to take on all the business we are being offered to us, but we don’t have enough people.

Even Uber and Lyft cannot find enough drivers.  It’s weird it is happening this soon, but we should not be surprised since we dumped tens of trillions of dollars into the economy over the past year.  This is what you would expect if you get the money supply going up 30% or 40%, which it did.  This is what you get.

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The Everything Bubble [Video]

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RubinoGreg Hunter – Financial writer John Rubino says massive unpayable debt has already bankrupted America, and when this happens, politics are also massively corrupted.  Rubino explains, “When you bankrupt your country, your politics are inherently corrupted by that bankruptcy, and that’s what is happening to us.  We created a financial system . . . that is run by an aristocracy.

It’s not a Right/Left, liberal, socialist or conservative aristocracy.  Look at JPMorgan Chase, Google and General Dynamics.  Look at Mitch McConnell, the big Republicans and the big Democrats.  They are not socialists, and they are not capitalists–they’re aristocrats.

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