While the markets continue to slide and gold/silver have been especially hard hit, we may be close to a bottom, at least that's Nick Santiago's take. John and I have been talking about this eventuality for years now. I was almost ready to change the name of my website and podcast, for fear of becoming less relevant. But all that's changed. Preventive prepping can save you great angst if done properly. One thing is certain, if you wait until the crisis begins, it's already too late. Just try to buy some toilet paper now. There's reason for hope and optimism, even at this low point. The human race is first and foremost a learning organism. Each crisis provides an invaluable lesson and helps assure our continued survival. And that's what's most important in the end.
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.