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December 10, 2025 29 mins
John Rubino (https://rubino.substack.com/) explains that the unwinding of the yen carry trade is a major destabilizing force because trillions of leveraged positions that once depended on artificially low Japanese interest rates are now being forced to unwind. He warns that this will expose widespread misallocation of capital and reveal which institutions are overleveraged as global liquidity tightens. He then draws parallels between Japan and the United States, noting that rising long term Treasury yields show that global markets no longer trust the Federal Reserve to preserve the value of the dollar. Rubino highlights that gold and silver have decisively outperformed equities for decades and that capital is now pouring into physical metals, central bank reserves, and high quality mining stocks. He says that the first part of 2026 could be explosive for precious metals miners as earnings surge and generalist investors flood a very small sector. WEEKLY SPECIALS: 1 oz US Gold Eagle: $145 over spot per ounce 40% Silver Kennedy Halves: $1.85 below spot per ounce 10 oz Silver Nordic Mint Bars: $3.49 over spot per ounce 100 Gram Silver Valcambi 1g x 100 CombiBar: $275 per bar CALL US: 1-888-81-LIBERTY (1-888-815-4237) or email your name and phone number to LibertyAndFinance@Protonmail.com INTERVIEW TIMELINE: 0:00 Intro 1:27 Yen carry trade 14:19 Precious metals and miners 25:25 Rubino's substack 28:00 Weekly specials _____________________________ Subscribe for our FREE newsletter - #1 place for gold & silver news & commentary: http://libertyandfinance.com _____________________________ Liberty and Finance LLC receives financial compensation from its sponsors. The compensation is used is to fund both sponsor-specific activities and general report activities, website, and general and administrative costs. Sponsor-specific activities may include aggregating content and publishing that content on the Liberty and Finance website, creating and maintaining company landing pages, interviewing key management, posting a banner/billboard, and/or issuing press releases. The fees also cover the costs for Liberty and Finance to publish sector-specific information on our site, and also to create content by interviewing experts in the sector. Liberty and Finance LLC does accept stock for payment of sponsorship fees. Sponsor pages may be considered advertising for the purposes of 18 U.S.C. 1734. The Information presented in Liberty and Finance is provided for educational and informational purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose. The Information contained in or provided from or through this forum is not intended to be and does not constitute financial advice, investment advice, trading advice or any other advice. The Information on this forum and provided from or through this forum is general in nature and is not specific to you the User or anyone else. YOU SHOULD NOT MAKE ANY DECISION, FINANCIAL, INVESTMENTS, TRADING OR OTHERWISE, BASED ON ANY OF THE INFORMATION PRESENTED ON THIS FORUM WITHOUT UNDERTAKING INDEPENDENT DUE DILIGENCE AND CONSULTATION WITH A PROFESSIONAL BROKER OR COMPETENT FINANCIAL ADVISOR. You understand that you are using any and all Information available on or through this forum AT YOUR OWN RISK. Some or all of this video description and timeline has been written by AI tool: https://chatgpt.com/ All Rights Reserved.
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