John Rubino – Do The Recent Challenges In Global Financial Markets Signal We Are Closer To Something Breaking?
John Rubino, Founder of The Dollar Collapse website, joins us for a wide-ranging discussion on the Credit Suisse banking concerns, the ramifications of central bank tightening into high inflation, pain in the housing market, and the question of what interest rates will cause something in the macroeconomic picture to break?
Next we discuss the recent fluctuations in currencies with the yen and pound being backstopped by their central bank and heading higher, which is pressuring the US dollar lower, and providing a lift to gold, silver, and the general equities. John provides some context to how precious metals have performed in prior cycles, and what he expects to see moving forward when the central banks shift back to reliquefying the markets.
We wrap up with thoughts on the energy sector, how oil and nat gas have performed as better inflation hedges, but that it is really bad energy policies from many countries that lead us to this point. John is most optimistic on the prospects of increasing nuclear energy power generation, and what that may mean for higher uranium prices and the uranium mining stocks.