Monday Mar 20, 2023

John Rubino – Central Banks Have Now Broken Something, And Investors Are Going To Flock To Real Assets Like Gold And Oil

John Rubino, Founder of the Dollar Collapse website and editor of his recently launched newsletter over at Substack, joins us to respond to all the market volatility around the banking sector, central banks tightening into a slowing economy, and the massive risks to pensions and the derivatives markets if more sectors unwind.  All of these ongoing risks highlight why John believes that owning gold and silver or commodities like oil and uranium will be where investors will flock if conditions continue to deteriorate in paper assets.   

 

We draw some comparisons from this recent bailing out of troubled banks to the bailouts of failed financial businesses in the 2008-2009 Great Financial Crisis, and point out how many issues were never fixed and that many lessons were not learned.  Could systemic risks that are all so entangled on banking balance sheets get to spot where they become too big to bail?

 

https://rubino.substack.com/

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