John Rubino

Contributor since: 26 Feb 2010

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• US Treasury Yields Go Negative Everywhere But Here

  Published 09 August 2016 | viewed 0 times

  Negative interest rates are an existential threat for insurance companies, pension funds and other financial entities that need positive investment returns to survive. As rates…

• Now The Markets Themselves Are Too Big To Fail

  Published 07 August 2016 | viewed 0 times

  The First Rebuttal website has coined a term that gets to the heart of an increasingly dysfunctional system: The too-big-to-fail stock market. The general thesis…

• We're All Hedge Funds Now, Part 4: Insurance Companies Go For 'Growth'

  Published 01 August 2016 | viewed 0 times

  The most recent batch of economic stats was even more disappointing than usual, resulting in a cliff dive for the Atlanta Fed's GDPNow US growth…

• Corrupt Or Just Stupid? Markets Hand Corporations An Unlimited Credit Card

  Published 27 July 2016 | viewed 0 times

  In the sound money community it's generally understood that abandoning the last vestige of the gold standard in 1971 gave major countries effectively-unlimited credit cards…

• Podcast: Random Violence And Political Instability -- The New Normal

  Published 26 July 2016 | viewed 0 times

  Terrorists and other crazies have figured out that they don't need guns. Trucks, axes and machetes will do just fine. Meanwhile, political parties around the…

• Why We're Ungovernable, Part 15: Violence Goes Random

  Published 25 July 2016 | viewed 0 times

  This series is based on the premise that debt works the same way for countries as it does for individuals and families: When you borrow…

• Podcast: It's Not The Event That Matters But The Response To The Event

  Published 20 July 2016 | viewed 0 times

  Brexit looked like the end of the world -- until people figured out that central banks would have to ease in response. Then markets turned…

• Stay Home, Order Take-Out, And Fondle Your Gold

  Published 20 July 2016 | viewed 0 times

  For an example of how far we've fallen from the old days of free-range First World entitlement, consider the fact that investment analysts are now…

• Great Numbers, Curious Timing

  Published 16 July 2016 | viewed 0 times

  Pretend you're running a corrupt government and something big and scary happens in another part of the world. Brexit, for instance. You're quite naturally worried…

• 'Soon' And 'Really, Really Crazy': Starting Up The Helicopters

  Published 13 July 2016 | viewed 0 times

  As the abject failures of the past few years' monetary experiments became apparent, it was clear that something else would have to be tried. The…

• 2007 All Over Again, Part 5: Banking Crisis Imminent

  Published 09 July 2016 | viewed 0 times

  Our good friend Michael Pollaro just sent a chart from the St. Louis Fed that shows the US drifting back into yet another banking crisis.…

• Can You Imagine The Fed Raising Interest Rates In This World? Europe In Chaos Edition

  Published 07 July 2016 | viewed 0 times

  Two short months ago it was generally expected that US interest rates would rise for the balance of the year -- a move made possible…

• Something Huge Is Coming From Japan

  Published 03 July 2016 | viewed 0 times

  Pretend, for a minute, that your country responds to the bursting of a credit bubble by borrowing unprecedented amounts of money and using it to…

• Podcast: Brexit Was Just The Beginning

  Published 30 June 2016 | viewed 0 times

  Expect the UK to drop out of the headlines as it chooses new leaders and untangles itself from the EU. The big news going forward…

• Brexit's Big Loser? Japan

  Published 27 June 2016 | viewed 0 times

  One of the first results of Britain's voting to leave the European Union was a sharply lower pound. Which means the UK is now winning…

• A Tale Of Two Asset Classes: Gold Miners Soar, Banks Crash

  Published 24 June 2016 | viewed 0 times

  The following tables illustrate the dilemma of mainstream money management. The vast majority of legitimate financial advisors and portfolio managers are big fans of bank…

• Will The European Union Just Dissolve?

  Published 24 June 2016 | viewed 0 times

  Now the real fun begins. Last night Britons voted to leave the European Union, sending shock waves around the world -- though not directly or…

• A New Balance Of Power In The Gold Market

  Published 23 June 2016 | viewed 0 times

  Gold analyst Michael Ballanger just posted an article noting how much things have changed -- perhaps for the better -- in the gold market. Here's…

• Brexit Rules The Week

  Published 19 June 2016 | viewed 0 times

  The Brexit vote is this Thursday, so nothing else matters until then. And polls, just to make it even more stressful, have it neck and…

• Will Brexit Give The US Negative Interest Rates?

  Published 15 June 2016 | viewed 0 times

  One of the oddest things in this increasingly odd world is the spread of negative interest rates everywhere but here. Why, when the dollar is…