John Rubino discusses stocks tanking, gold, new covid variant and more

Financial Survival Network, Released on 12/1/21

  • Market tanked on the new variant and the borders were closing, thus spooking the markets. But today is a new day, the PPT is out in force and things don’t look so bad.
  • More money poured into equities in the past year than the previous 20 combined. That’s an extreme sell signal.
  • Germany has a historical memory of hyper-inflation. They’re more spooked by inflation than most other country. How much further will it go before they pull out of the Eurozone? Or will they accept high inflation levels?
  • Gold got whacked when Powell was renominated. Why?
  • Countries continue to accumulate gold. Singapore, Poland and China recently announced big inflows.
  • Bitcoin behaved like a “risk asset” in Friday’s drop and today’s rebound, while gold was a lot more stable. Illustration of their differences?
  • Soccer players keeling over. Can we report on this?
  • New covid variant is causing multiple countries to close their borders. Economic impact?

John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney’s James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980’s on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990’s he was a featured columnist with TheStreet.com and a frequent contributor to Individual Investor, Online Investor, and Consumers Digest, among many other publications. He currently writes for CFA Magazine.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments