John Rubino: Silver Exchanges Could Fail; Physical Pressure Mounts

Liberty and Finance, Released on 4/12/24

Precious metals investors experienced whiplash today as gold broke above $2400 and then corrected nearly $100 from its highs. However, the precious metals markets remain strong technically and fundamentally. Silver is in a deficit, and John Rubino (https://rubino.substack.com) discusses the possibility of an exchange defaulting if physical outflows continue.

0:00 Intro
1:30 Metals whiplash
8:17 Silver squeeze
12:05 Silver is outperforming
14:47 Southern border issues
19:10 National debt
22:35 Bank consolidation
29:30 Rubino’s substack
30:18 Weekly specials

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.

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