The "bail out everyone" scenario is playing out now. An unprecedented global currency crisis is coming, says John Rubino from http://DollarCollapse.com?EUR<. He points to real assets like gold and silver to survive the storm.
0:00?EUR< Intro0:42?EUR< Inflation6:22?EUR< Possible scenarios9:43?EUR< Hyperinflation?13:45?EUR< Bail out everyone19:15?EUR< Gold24:14?EUR< Mining stocks
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.