Interest rates were finally increased after many years of threats/promises by the Fed. Economic numbers coming out of the Philadelphia Fed are decidedly negative and portend more economic weakness. Oil prices are going lower and there's stories of tankers full of the stuff not being able to find a will storage site. This is bad news for the oil patch, the banks and junk bond holders. The bond issuers will be defaulting en masse and this could lead to another banking crisis or a stock market collapse. Corporate profits were down 5% last year and could fall more this year. Combined with the imploding junk bond market there could be a major market collapse in early 2016. So keep your eyes open and be ready for the opportunities that will inevitably arise.

DollarCollapse's First Podcast! Bad Numbers On The Economic Horizon

Your ringside seat to the coming global financial collapse

News & Politics

What can you say about crypto-currencies that hasn't been said already. However, Kerry and I are proposing a new form of crypto backed up by Tulips, preferably the Dutch variety. After all, Tulip prices only go up, right? And what of all those ICO's (Initial Coin Offerings) that are headed to the moon and back. Just today Bancor raised $153 million. Pretty good work if you can get it. 

Now Amazon is taking over Wholier Than Thou Foods. What could possibly go wrong. Just take an old fashioned business, add robots and internet ordering and make a zillion dollars. It always works out in the long run, but then again in the long run we're all dead.

John Rubino with Kerry Lutz--Tulip Backed Crypto-Currencies?

Terrorist attacks have become a regular occurrence in England. What can be done about it? Seems like there's always a reason why they didn't stop the guys from carrying out the attack, even though they were well aware of them before the deed was done. Will vacating the Middle East and leaving them to their own demise solve the problem? John believes it couldn't make it worse. 

Trump's withdrawal from the Paris Climate Accord is irrelevant. Cheap solar will eventually make the matter moot, if it's not already. There won't be much CO2 when everyone is driving an electric self-driving vehicle and generating their energy from the sun.

John Rubino with Kerry Lutz --London Is Falling

Employment numbers came in highly negative. Full time employment down, bartenders and part-timer employment went up. This is bad news for the economy and gold/silver is going up as result. Illinois's debt was downgraded to slightly above junk. The emerging public pension crisis is just about to begin. Get ready for the new paradigm.

John Rubino with Kerry Lutz - Banner Month for Bartenders and Part-timers

Trump's first overseas trip have proved and unmitigated success. While it looks good now, we've never been able to figure out the right move in the Middle East. It won't be settled anytime soon and expect periodic flare-ups. But defense stocks are doing well now, which is good for the market. 

Looks like the achilles heel of crypto-currencies has been exposed. While you can create many more Bitcoin units, you can create an infinite supply of crypt-currencies. Where will it end. ICO's (Internet Coin Offerings) are bypassing the stock market and the SEC. We'll see how long that lasts.

Bitcoins Big Move - with John Rubino & Kerry Lutz

It's no secret that finding the mother lode keeps getting harder and harder to do. A new generation of miners is entering the industry. They are younger, creative and don't hesitate to utilize the best new technologies that are revolutionizing the industry. In addition, the majors have effectively abandoned exploration and have subcontracted it out to the juniors. Large mining companies are very slow to move and are generally unable to take advantage of new opportunities. Thus the junior miners exist to locate and uncover new mines that will eventually be taken over by the majors. That's why a conference like the Metals Investor Forum has taken on so much more importance in recent years.

DollarCollapse's First Podcast! Bad Numbers On The Economic Horizon

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