Liberty and Finance, Released on 11/3/23 (Recorded on 11/2/23)
Even though the Fed has paused, rate hikes often cause lagged effects on the economy. Continued stress in the financial system is likely, and John Rubino (https://rubino.substack.com) says the mainstream investor could be devastated. He sheds light on risks that most investors, even those in the precious metals space, often overlook.
2:44 Fed pause
10:28 Mainstream investors
17:10 Banking stability
21:14 Stock risk
30:00 Risk reduction
John Rubino is the founder of the popular financial website DollarCollapse.com which he sold in 2022. 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. His latest work can be found at https://rubino.substack.com.