The beginning of the end for fiat? John Rubino on gold, silver, debt, and what’s next

Collapse Life, Released on 10/25/25

At a time when gold is at record highs, silver is sprinting forward, and governments are drowning in interest costs they can’t afford, it’s safe to ask: are we witnessing the opening salvo of fiat’s endgame? In this episode of the Collapse Life podcast, John Rubino (rubino.substack.com) lays out why the “debasement trade” is now the biggest play in the room, how central bank digital currencies fit both incompetence and design, and why silver’s supply squeeze could turn it into “unobtainium.”

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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Sylvia

Great Interview