Financial Survival Network, Released on 1/7/20
Just when you thought it was safe to short Tesla, the Middle East blows up. The US does a targeted assassination of Iran’s number 2 and it’s off to the races. Gold took off and blasted through the pesky $1550 resistance point. While metals have pulled back they’re still well ahead. The big question is how much more abuse can the global financial system take? With debt levels continuing to escalate, we could be reaching that tipping point. However, we’ve been here before. And what about Brexit? No one really knows. But John thinks they can make it on their own without the EU.
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.