John Rubino Discusses Fed Policy, Inflation, The US Dollar, Gold, And The Mining Stocks
John Rubino, Founder of the Dollar Collapse website, joins us to comment on the recent news from the Fed and potential policy choices they will face, as well as look at currencies, gold, and the mining stocks. John outlines why it doesn’t really matter who’s at the head of the Fed, when the upcoming rate hiking cycle will be just as much of a tight rope to walk between fighting inflation while not negatively impacting the general US equities markets. Next we discuss the strange environment of the rising US dollar in the midst of high inflation readings, but mostly due to euro weakness on the geopolitical and economic concerns out of Europe. We wrap up with getting John’s medium to longer term outlook on the precious metals sector, the leverage that mining stocks offer, and why he has been encouraged by the recent M&A activity.