John Rubino Substack - There are so many wars (and related civil unrest) these days, that it’s hard to keep track of which meme/satire/diatribe is aimed at which crisis. But April included April Fools’ Day, so at least we have a logical place to start: CNN Publishes Real News Story For April Fools’ Day (Babylon Bee) – Fooling thousands […]

John Rubino Substack - So that recession I keep whining about still hasn’t arrived. What’s going on out there to keep “inevitable” from becoming “imminent”? It might be as simple as a government borrowing insane amounts of money and giving it to arms makers, banks, and AI companies. This “fiscal dominance” strategy invokes some serious unintended consequences, including stubborn […]

John Rubino Substack - One of the first posts in this newsletter’s Shrinking Trust Horizon series was about how “deep fake” technology will make fake images, videos, and audio recordings almost indistinguishable from the real thing. This will kill millions of modeling and acting jobs, while weaponizing audio and video in all kinds of disturbing ways. That day has apparently arrived: […]

John Rubino Substack - Japan’s ongoing march to national bankruptcy has been a recurring theme here. See: Japan Is In That Box Japan Takes Another Step Towards the Cliff How a Country Goes Bankrupt, In 10 Steps Now the death spiral has entered a new phase, with the yen/dollar exchange rate heading straight down: To restate the “Japan collapse” […]

John Rubino Substack - Artificial intelligence, which a few years ago existed only in science fiction (check out William Gibson’s Neuromancer), has morphed into an epic stock bubble. Nvidia, maker of the leading AI microchips, saw its market cap surge from $200 billion in 2019 to $2 trillion in 2023. I haven’t actually checked, but that might be the fastest […]

SilverRadio.FM - Has the Fed Given Up on Rate Cuts This Year?

John Rubino Substack - Not so long ago, almost everyone listened to NPR, and people of every political persuasion donated to help fund its ad-free, long-form journalism. Then everything changed. The reporting became weirdly biased and listeners — correctly perceiving that NPR was playing for Team Establishment rather than objectively reporting on big issues — started tuning out. Today’s […]

John Rubino Substack - A new family of weight loss drugs — including Ozempic and Wegovy — recently hit the market to extreme fanfare. The drugs’ makers claim… wait for it… great results with minimal side effects (other than the fact that the drugs have to be taken for a lifetime to sustain the results). Wall Street analysts responded by raising Big Pharma […]

John Rubino Substack - The biggest hurdle for non-techies trying to avoid the world’s data predators is the need to cobble together solutions from different sources, each of which has to be installed correctly, monitored, and upgraded. This can be a nearly full-time job—and still end up failing. So a one-stop privacy shop that plugs all the holes and […]

John Rubino Substack - Suddenly the rest of the world is “gold curious.” With the current spot price piercing $2300/oz this morning … … we long-suffering stackers (and gold/silver mining stock investors!) can be forgiven for wanting to enjoy the moment. So let’s survey the headlines. Start by Googling “gold price” and note that even CBS’s audience is wondering […]

John Rubino Substack - How long has it been since silver generated any real excitement? So long that even most stackers would have to look it up to say for sure. The answer is mid-2020, when a bunch of online traders called “Redditors” decided to chase the metal like it was a meme stock, nearly doubling its price in […]