We don’t have a tool to fix this if the dollar starts to fall. That is the end game scenario in the financial system. When the world’s reserve currency…
Financial writer John Rubino predicts, “We don’t have a tool to fix this if the dollar starts to fall. That is the end game scenario in the financial system. When the world’s reserve currency starts to lose value and the central bank that’s managing it doesn’t have any way to stop it, then, basically, everything falls apart everywhere. . . . When it happens, the early stage of it will feel like the past few months here. I am not predicting we are heading straight to a dollar collapse or a fiat currency collapse, but when it happens, it’s going to start feeling a lot like it is now.”
In closing, Rubino says, “The reason why so many groups are so angry right now is because the system no longer works for most people. We have an aristocracy that is harvesting the rest of us. 1% of the population gets richer and richer year after year at the expense of everybody else.”
Rubino says look for corrections in the gold and silver markets that will be “pretty scary” but adds, “This is a buy the dip market . . . . The long term trend for gold and silver are in place, and nothing is going to stop them short of their ultimate fair value.”
Join Greg Hunter as he goes One-on-One with John Rubino, creator of the popular website DollarCollapse.com.
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