Why are stocks falling all over the world? Co-author of The Money Bubble John Rubino joins Silver Doctors to discuss.
Rubino says overvalued stock markets are facing higher interest rates. Stocks have been propped up partly because of corporate stock buy-backs. But with interest rates rising, corporate stock buy-backs become less profitable.
What about gold and silver. As the stock market was falling last week, precious metals spiked. This may continue, Rubino says.
Angela Merkel’s coalition is shrinking. Rubino says this could lead the rise of extremist parties in Germany, which would threaten the Eurozone.