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John Rubino

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John is author or co-author of five books, including of The Money Bubble, The Collapse of the Dollar and How to Profit From It, Clean Money: Picking Winners in the Green-Tech Boom and How to Profit from the Coming Real Estate Bust. A former Wall Street analyst and featured columnist with TheStreet.com, he currently writes for CFA Magazine.

Dollar Collapse.com - When people talk about empires of the past, they generally mean Rome and Britain. But the biggest and in some ways most interesting empire was built and run by the Mongols in the 13th and 14th centuries. At its peak it stretched from China to Eastern Europe, which is more territory than Rome ever controlled. […]

Dollar Collapse.com - No one interested in current income buys gold mining stocks because those stocks are traditionally all about capital gains. As ‘leveraged plays on the price of gold,’ the miners work this way: Let’s say gold is $1,000 per ounce and a hypothetical miner produces a million ounces annually, eking out a net profit of $10 […]

January 2nd, 2020 | This Is Great News For Gold

Dollar Collapse.com - The 2010s were not kind to precious metals, in either nominal or relative terms. Gold and silver are down from their 2011 highs and waaayyy down versus equities and other favorite assets of the 1% like fine art and trophy real estate. But this imbalance has begun to reverse, in two ways. First, stocks have […]

Dollar Collapse.com - Of all the amazing scenes in The Big Short, a film about the genesis of the Great Recession, arguably the most shocking is the meeting between a couple of hedge fund managers trying to understand the housing bubble and “Georgia,” a (in a bit of symbolic overkill) visually-impaired executive with the Standard & Poor’s bond […]

Dollar Collapse.com - If you’re managing money and need positive results in the year ahead, you’re in a tough spot. Stocks are at levels that in the past have preceded cycle-ending crashes while high-grade bonds yield virtually nothing but could easily produce big capital losses if interest rates rise even a little. What do you do? Retire, if […]

Dollar Collapse.com - When people tick off the components of the “everything bubble” they usually omit US housing, for a couple of reasons. First, bubbles don’t normally recur immediately in the same asset class, because memories of past carnage need to fade before investors can be seduced back into irrational optimism. Since housing was the epicenter of the […]

December 18th, 2019 | Time To Sell The News?

Dollar Collapse.com - Global stock (and bond and real estate) markets have been on a tear this year, apparently in anticipation of three big events. And last week they got them all, sort of: The US and China announced a “trade deal” that is flimsy but a deal nonetheless; the Fed promised to refrain from raising rates until […]

Dollar Collapse.com - Criticizing the “public sector” is tricky, because teachers, firefighters, cops and bus drivers are by-and-large great people doing hard things that benefit the rest of us. But there’s this problem, which is that once a country’s public sector grows beyond a certain size, it takes on a life of its own, demanding more resources even […]

Dollar Collapse.com - It’s been obvious for a while that the next phase of global monetary madness would be both spectacular and very different from the previous phase. The question was whether the difference would be in degree or kind. Now the answer is looking like “both.” Let’s start with “yield curve control,” in which central banks, instead […]

Dollar Collapse.com - This is getting ridiculous. Every few days another country blows up, as their citizens take to the streets with little warning and no apparent interest in a quick settlement. Here’s the first part of the “War…Civil Unrest” section of today’s DollarCollapse.com links list. As you can see the peasants have grabbed their pitchforks and besieged […]

Dollar Collapse.com - In the energy market, there’s always a revolution going on somewhere. For most of human history, light and heat were provided by wood and candles. Then we discovered whale oil, and in the early 1800s lamps replaced candles. Later in that century, kerosene, a petroleum derivative, became the lamp oil of choice, and the whaling […]

Dollar Collapse.com - HBO’s new series Years And Years begins in the more-or-less present, with the Lyons, an aggressively diverse UK Family that’s trying – and mostly succeeding – to navigate life’s complexities. There’s the acerbically funny grandmother, the gay grandson and his illegal immigrant mate, the African wife of another grandson, the wheelchair-bound sister who nevertheless gets […]

Dollar Collapse.com - So the Fed, as expected, cuts interest rates again. And – also again – Fed Chair Powell implies that he’s done cutting for a while. The financial markets – also once again – react like junkies contemplating their final hit. Stocks are falling… …and Treasury yields are plunging, which is to say Treasury bond prices […]

Dollar Collapse.com - Venezuela has suffered through recurring power outages this year, as money for routine maintenance dries up and power plant employees flee the country (and, okay, as the US practices its cyberwar skills on a vulnerable target). Some of the blackouts have lasted as long as a week. Here’s an aerial photo comparing Caracas on a […]

Dollar Collapse.com - The gold market has a saying — “sell in May and go away” – for a good reason: Asians like to give gold jewelry as wedding gifts and tend to hold most of their weddings in the Spring. Asian jewelers therefore have to load up on inventory – in the form of gold bullion – […]

Dollar Collapse.com - Not so long ago the US economy had some bright spots that seemed to justify a general sense of optimism. The fracking revolution had turned the country into the world’s largest oil producer with, apparently, a lot more to come. And the growing number of tech “unicorns” – private companies with valuations exceeding $1 billion […]

Dollar Collapse.com - Generally speaking, if you can afford to buy a decent house you do it. Owning is viewed by most people to be both simpler (no worries about your landlord selling a rental out from under you) and a better financial deal. And of course there’s the status of home ownership. When you rent, people wonder […]

October 16th, 2019 | Gold and Gold Miners

HoweStreet.com Radio - World Economy and World Debt

Dollar Collapse.com - Today’s relief rally is brought to you by chastened US and Chinese trade negotiators who are now working on a “mini” trade deal that will apparently include a reduction in US tariffs in return for some minor Chinese concessions on things like mandatory joint venture partners for foreign companies wanting to set up shop in […]

Dollar Collapse.com - Pity the guys now running the Fed. They’ve inherited an economy that requires ever-bigger infusions of new credit and ever-lower interest rates to avoid financial cardiac arrest. But with interest rates already perilously close to zero the usual leeway is no longer there. Making the best of a bad hand, Fed chair Jerome Powell has […]

September 27th, 2019 | So Much For Goldilocks

Dollar Collapse.com - Stock prices are high and fairly stable, while interest rates are low and fairly stable. A casual observer might infer from this that the global financial markets are experiencing one of those fabled Goldilocks moments where everything is just right. But under the surface things are anything but just right. Among the high (or low)-lights: […]

Dollar Collapse.com - People have been talking about a “debt bubble” for some years now. They’ve been right, of course, based on the combination of surging borrowing and plunging rates. But the bubble hasn’t stopped inflating, and recently it entered what sure looks like a terminal blow-off stage. Some highlights: Though July, China’s total debt rose by $2 […]

Dollar Collapse.com - Major US bank Wells Fargo has apparently been getting a lot of client inquiries about gold, and has responded pretty much as you’d expect: Hold Some But Not Too Much Gold, Says Wells Fargo (Kitco News) – Wells Fargo is once again cautioning investors from buying too much gold as prices continue to trade north […]

HoweStreet.com Radio - Trade Wars quickly turn into Currency Wars

Dollar Collapse.com - A central bank that’s desperately trying to ignite a borrowing/spending frenzy to offset an incipient recession has one wish above all: That the currency it’s creating flows beyond safe-haven assets and into riskier niches. Call it the democratization of credit or Ponzi finance. Either way, the result is a lot of borrowing and spending, which […]
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