Independent thinking for complex markets and current events
from Kerry Lutz’s Financial Survival Network In this explosive episode of the Financial Survival Network, Kerry Lutz welcomes back financial analyst John Rubino to unpack the global economic and geopolitical chaos brewing beneath the surface. Rubino warns that rising interest rates are pushing indebted nations—especially the U.S., Japan, and Europe—into a deadly fiscal spiral. With 30- and 40-year …
from Kerry Lutz’s Financial Survival Network John Rubino is back. Gold and Copper Market Surge: Gold reached over $3,000 per ounce, hitting an all-time high alongside copper. Gold outperformed the S&P 500 since 2000 despite long periods of stagnation. Copper now recognized as essential for the energy transition and AI infrastructure. Mining Sector Growth: Mining stocks experiencing …
via JOHN RUBINO The current housing bubble features three new players, all of whom are about to switch from “buy/hold” to “panic sell.” They are: Boomers forced by declining health and/or shrinking stock portfolios to sell their McMansions. Wall Street private equity “landlords” who gorged on houses and apartment buildings (sometimes buying up entire neighborhoods …
Once you understand the concept of the microbiome, it’s easy to see the problem with pesticide-laden food: Pesticides are poisons designed to kill small lifeforms, and ingesting such poisons risks wiping out or disrupting the good bacteria that keep us alive and functional. The obvious solution is to eat only organic produce and meat. But that’s …
from Kerry Lutz’s Financial Survival Network Kerry and John Rubino discussed various indicators pointing towards an economic slowdown, attributing it to factors like higher interest rates and government interventions through liquidity injections. They also touched upon the upcoming election and its potential influence on the economic narrative. The speakers expressed differing views on whether the current trend in …
from Kerry Lutz’s Financial Survival Network Kerry and John Rubino delve into pressing economic issues, predicting a looming crisis driven by rising mortgage rates and increasing retail store closures. They argue the necessity for significant government intervention, similar to the pandemic-era stimulus measures, to mitigate the economic downturn. The conversation also explores the unique challenges facing retailers, especially …
from Kerry Lutz’s Financial Survival Network Kerry and John Rubino take a dive deep into a myriad of pressing issues shaping our world today. From the recent upsurge in Bitcoin prices to the intricate future of cryptocurrencies, this discussion covers the essentials of today’s economic landscape. Discover the experts’ takes on the current state of inflation and how …
via JOHN RUBINO: Stocks are melting up while government officials claim credit for a soft landing. And yet… The US Index of Leading Economic Indicators (LEI) continues to predict a slowdown while GDP, which normally tracks the LEI, remains strong. Which one is right? The December index of business conditions in the New York Fed’s territory plunged …
via JOHN RUBINO: Recently, Costo began selling gold bars on its website (see Did Gold Just Become An Impulse Buy?). The bars were a big hit, generating revenues of $100 million in the most recent quarter. Now Walmart has opened its own Precious Metals Shop: Who’s next? If gold works for the biggest-box retailers, expect Target and …
via JOHN RUBINO: De-dollarization events that would once have been a big deal have become common lately. Some examples: UAE officially stops using dollar for oil trades (Watcher) – The United Arab Emirates (UAE) is asking BRICS countries to settle oil trade in local currencies and not the U.S. dollar. The Middle Eastern nation is …
Orginally posted by John Rubino on his substack: With financial collapse and global war inching closer every day, you’d have to be an anxiety junkie to worry about distant things like demographic trends. Still, the population debate is interesting, with economists, statisticians, and techies disagreeing over whether the world of 2100 will have too many …
via John Rubino: The hardest part of writing this kind of post is sorting through all the red flags. There are just too many these days. So here are the handful that look scariest at the moment: Interest rates are above 2007 levels in a world with twice as much debt. This shouldn’t have been …
via JOHN RUBINO: People keep talking about the “box” in which profligate countries will someday find themselves, where the tools that used to work no longer do and everything falls apart. Japan might be in that box. After years of soaring government debt and central bank “financial repression” to make that debt manageable, it now finds …
Guest Post by John Rubino from his Substack: One of the tough things about buying gold is the complexity. You have to find a dealer and look up their prices, choose a coin or bar from dozens of options, call in the order, and wire a large amount of money to people you’ve never met. …
via JOHN RUBINO: Spiking interest rates are normally a death knell for homebuilders, for obvious reasons. Higher mortgage rates raise monthly payments, which crash house prices, which make existing houses cheaper than newly built ones, which causes demand for new houses to shrink, which causes homebuilders to lay off their workers and sell their spec …
via JOHN RUBINO: Rising interest rates don’t hit everything all at once. Some sectors feel the pinch immediately while others keep chugging along, seemingly oblivious to tightening money. But eventually, the pain spreads far enough to hurt and/or scare everyone, which brings on the cycle-ending recession and bear market. That day is getting closer, as …
via JOHN RUBINO Two trends are converging to end the era of local bank accounts: Central banks are conspiring to force us out of traditional savings and checking accounts and into central bank digital currencies (CBDCs). Deposits are now fleeing local and regional banks because an inverted yield curve makes it impossible for those banks …