Why are stocks falling all over the world? Co-author of The Money Bubble, John Rubino, joins Silver Doctors to discuss…
Rubino says overvalued stock markets are facing higher interest rates. Stocks have been propped up partly because of corporate stock buy-backs. But with interest rates rising, corporate stock buy-backs become less profitable.
What about gold and silver?
As the stock market was falling last week, precious metals spiked. This may continue, Rubino says.
Angela Merkel’s coalition is shrinking. Rubino says this could lead to the rise of extremist parties in Germany, which would threaten the Eurozone.
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.