Layaway Nation with John Rubino

John and I discuss the way in which the layaway concept is re-inserting itself into buying procedures; time and time again, individuals are slaves to debt and seek out more methods of borrowing money. We touch upon gold and silver getting whacked due to banks feeling pressure about unemployment rates as well as what the markets will do. However, the stock market is not crashing-and the drop in gold and silver prices should not induce panic. Tune in today to hear about some of the latest phenomena in tech, debt, and investing, and stay for the entertaining South Park references.

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.