Select date

March 2024
Mon Tue Wed Thu Fri Sat Sun

John Rubino – Volatility Rising

10-10-2019 < SGT Report 53 233 words
 


by Kerry Lutz, Financial Survival Network:



John Rubino is back… Houston we have a problem. Chinese and Hong Kong banks are running out of dollars. But I thought we had too many of them floating around the world. Guess not. There’s plenty more where they came from. It’s just another example of the glue that holds together the world financial system coming apart at the seams. First it was the staid repo market. Now it’s foreign banks running out of the reserve currency. As Martin Armstrong often explains, 70% of the 100 dollar bills in circulation are held overseas. So much for the immediate demise of the reserve currency. Special shout-out to my son-in-law’s father, John Kirby, who passed on last week. A prince among men and one of those important people you’ve never heard of.


Click HERE to Listen





Loading...






Print