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breakingnews
Max Keiser’s the man to sort out the scandal behind the financial news headlines.
This week, Max and co-host Stacy Herbert look at the epic battle between debtors and creditors bringing out the kneepads, downgrades and last rites. In the second half of the show Max talks to investment adviser, Michael Krieger, about a gold standard in the hands of the people.
November, 2010
16 3:01
Hi Max,I have to comment on Betty's response. Betty…Mercury into Gold???. You are talking about taking one Periodic Table Element andconverting it completely to another Periodic Table Element. This only canhappen in Nuclear Fission. It would be so cool to split mercury atomsinto gold atoms and at the same time creating heat energy from this processto generate electricity. Only in Fantasy Land Betty. Sorry…the physicsI am sure will not work. Nuclear wise Gold and Mercury are very stable atoms.Iradiate with a neutron field either of them and they will just throw offany absorbed nuetrons and will not split. By the way, Mercury is dangerous!!
Hi Max you are right to advice your viewers to buy gold/silver (buy physical and lock it away) I buy silver as I believe it has better long term potential, over centuries the price to production ratio was stable around 15 oz silver to 1 oz gold the price of silver has been suppressed and manipulated by the markets the price ratio today is 53 oz silver 1 oz gold but in production it is around 8 oz silver to 1 oz gold, the markets managed this manipulation because of a giant stock pile but because of silvers application in new technologies ( medical-green energy) this stock pile has almost disappeared actual year to year production does not meet demand when the stock pile runs out the price will go through the roof . I have been told the 3 billion oz stock pile is down to 300 million (it won’t be long...happy days ahead)
There are many people that understand the situation America is in with paper money. But do not have the knowledge or know where to gain access to actual gold or silver. Other than buying up a bunch of 14K class rings...Where would the everyday Joe purchase his gold or silver from? Not shares, not certificates, not futures. Actual ounces of gold or silver.