John Rubino: On The Verge Of Collapse; This Was 100% Predictable

Liberty and Finance, Released on 5/5/24 (Recorded on 5/3/24)

Precious metals have increased substantially this year and are signaling that the public is losing confidence in the financial system. John Rubino ( says, “This was predictable from day-1 back in 1971 when we got rid of the last vestiges of the gold-standard.” Governments, institutions, and individuals are drowning in debt. This debt-based system is destroying the financial system and even the moral fabric of society as bankruptcy and debt cancellation become the only options. “I don’t have the slightest idea how this plays out exactly.” However, he notes there are actionable steps people can take today to be more prepared for crisis.

0:00 Intro
1:31 Job’s numbers
4:00 Stock bear market
6:55 Fed policy during downturn
8:58 Debt situation
16:57 Japan’s debt bubble
21:19 Fear trade in gold
28:37 Fighting against authoritarianism
32:42 Rubino’s substack

John Rubino is the founder of the popular financial website 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 and a frequent contributor to Individual Investor, Online Investor, and Consumers Digest, among many other publications. His latest work can be found at

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