The Great Housing Bust of 2021-22 with John Rubino

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from Kerry Lutz’s Financial Survival Network

A housing bust is on the way. John Rubino’s builder had an amazing story to tell. 6-12 months ago he was doing record business. Half of his customers have put their project on hold. He’s working just as hard re-pricing projects and passing on the bad news to his buyers. Housing prices have blown through the affordability level and it’s quite possibly game over. The price of materials has gone parabolic. Used car prices have almost doubled in the past two years. Why? Easy money! The US Mint admits there’s a global silver shortage. How could this be? We’ll see exactly what that means. Coin dealers are charging outrageous premiums, is that a sign? Gold and silver prices should be going up.

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