Stores Are Emptying Out - John Rubino #5245

<p><strong>Summary:</strong><br /> John Rubino and I discuss what’s new with precious metals, Afghanistan, and lockdowns on today’s episode. Gold and Silver recently fell hard—going in the opposite direction as stocks—but miners are still making decent profits and it is an ideal time for the operation sector. We delve into the US’ exit from Afghanistan, which went so poorly because soldiers were removed prior to American citizens and millions of dollars worth of military gear. This has a number of negative implications going forward, and could pose threats to the US government. Furthermore, Rubino and I investigate the newest COVID lockdowns in France and Australia, and the protests that shed light on thoughts around the new variants and what to expect in the near future.</p> <p><strong>Highlights:</strong><br /> -Looking at what happened with gold and silver: they had a flash crash<br /> -The precious metals fell hard, but stocks did not - asset classes going in opposite directions, and one of them had to be wrong.<br /> -The new COVID variant gives the fed the excuse to continue with QE and artificial and low interest rates, even in the face of higher inflation<br /> -Miners are still making good money, so it’s a good point in time for the precious metals operation sector<br /> -With Afghanistan, this is perhaps the worst we’ve ever seen. Rubino says that our exit from Afghanistan was poor because we removed soldiers prior to American citizens and millions of dollars worth of military gear<br /> -This sends a message to other predators around the world that they have somewhat of a free hand now<br /> -There is an opportunity for other governments to get what they want with not as much risk. Militarily, this is terrifying.<br /> -This circumstance may remind one of the 1970s<br /> -We really could use leadership, which seems to be absent at the moment<br /> -With the current leadership in the US, there are many other distractions - we place much focus on domestic terrorism, racism, etc. that don’t fit within oth