CRASH Starting Now in US? | John Rubino

The Dow hit a multi-month low. Co-author of the Money Bubble John Rubino says it is about time for a stock market crash. If the Fed continues to raise interest rates, this will create the potential for a crisis that would spread globally, Rubino says.

What would happen at that point to gold? It is likely that precious metals will rise long term. But Rubino is unsure about what would happen to gold immediately following the crash. For the short term, December and January are seasonally good months for gold because of Asian buying. Stay tuned for Rubino's mining stock forecast during this seasonal bullish period.

John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a featured columnist with TheStreet.com and a frequent contributor to Individual Investor, Online Investor, and Consumers Digest, among many other publications. He currently writes for CFA Magazine.