Natural Resource Stocks, Released on 4/25/24
This video features an in-depth discussion with financial analysts Bob Moriarty and John Rubino on the current state and future of the global economy, banking crises, and investment strategies in the face of potential financial turmoil. They explore the weaponization of the US dollar, the undervaluation of commodities, precious metals, and mining stocks, and offer predictions about economic chaos and geopolitical shifts. The conversation also delves into historical and contemporary military technology, the impact of drones on warfare, and the implications for global power dynamics. Additionally, they discuss the importance of investing in gold and silver as protective measures against currency devaluation and advise on building a portfolio of real assets. The dialogue concludes with personal anecdotes and a shared consensus on the value of community, self-reliance, and preparing for uncertain financial futures.
00:00 The Weaponization of the Dollar and Economic Forecasts
00:50 Introducing Financial Experts Bob Moriarty and John Rubino
02:16 Economic Chaos and the Everything Bubble: Experts’ Views
05:06 Banking System Vulnerabilities and the Impending Crisis
08:25 Geopolitical Tensions and the Future of the Dollar
12:28 Historical Perspectives on Currency and Warfare
19:37 Technological Shifts in Warfare and Their Implications
22:15 The Cost of Modern Warfare: Drones vs. Traditional Military Hardware
22:22 The Geopolitical Shift: A New Era of Warfare
25:08 The Evolution of Military Strategy: From Vietnam to Drones
25:43 The Vulnerability of Expensive Military Assets
30:01 The Financial and Moral Bankruptcy of the U.S.
31:19 Empowering Individuals Through Financial Independence
40:42 The Importance of Community and Self-Reliance
41:43 Final Thoughts and the Future of Commodities
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.
Bob Moriarty is the founder of 321gold.com, a popular website which features articles, editorial opinions, pricing figures and updates on current events affecting precious metals. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 820 missions in Vietnam. He holds 14 international aviation records. He is the author of Nobody Knows Anything and Basic Investing in Resource Stocks.