Financial Survival Network, Released on 3/29/21
- Hedge Funds are blowing up. Archegos Fund gone. This is what happens at the top of a cycle or bubble.
- More stimmies on the way, thanks President Biden. Right on the heels of the last stimulus plan. It will insulate the system from further blow-ups.
- Big risks are interest rates and currencies. Even a three percent yield on the treasuries won’t matter and further distort
- Gold and silver retreating, what does it mean?
- $240 million this month in NFT’s.
- Bezos fighting unionization with every dirty trick in the book. Bernie Sanders is out there fighting the fight for higher wages and better work conditions.
- Rush to upgrade condos in NYC due to the huge price decline. The Hamptons has turned into a year round
- Trial of Minneapolis George Floyd Cop beginning.
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.