The Dow hit a multi-month low. Co-author of The Money Bubble John Rubino says it is about time for a stock market crash…
If the Fed continues to raise interest rates, this will create the potential for a crisis that would spread globally, Rubino says.
What would happen at that point to gold? It is likely that precious metals will rise long term. But Rubino is unsure about what would happen to gold immediately following the crash.
For the short term, December and January are seasonally good months for gold because of Asian buying. Stay tuned for Rubino’s mining stock forecast during this seasonal bullish period.
About the Interviewer
Journalist Elijah Johnson, Co-Host of SD Weekly Metals & Markets, vaulted onto the economic scene after launching his “Finance and Liberty” YouTube Channel, to which he’s been called “the 16 year-old smarter than Ben Bernanke”. As one of the youngest sound money advocates around, with a eye on the national debt, the US dollar, and the gold & silver markets, Elijah is on a mission to warn and educate his generation about the risks of the current financial system, and what people can do to protect themselves.