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John Rubino-Negative Rates Phenomenally Good for Gold and Silver

from Greg Hunter:

John Rubino, who was a former Wall Street analyst, says negative interest rates will be good for gold and silver. Rubino explains, “It used to be that if you were going to buy gold and store it in a vault, you would have to pay maybe 1% a year. You wouldn’t generate any cash flow from it. Meanwhile, a portfolio of Treasury bonds might yield you 6% a year. So, there was a big gap in cash flow between financial assets and real assets.

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