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Episode 545

January 04, 2014 06:30

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In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the beggar economy in which the biggest pickpockets rule. They look at the London Gold Fix, in particular, where every day for the past more than 20 years, pockets were picked every single day, according to the data. In the second half, Max interviews precious metals expert James Turk about his new book, “The Money Bubble,” and about the dollar, gold and Bitcoin.

Comments (29)

 

Neter 07.01.2014 12:39

I have nothing against crypto currencies, but if we follow the logic expressed in the show that money is payed to get goods and services, and gets value only when it is exchanged back to goods and services, WHAT ARE these goods and services Bitcoin derives its value from?
Money, real money, should precisely be a dynamic accounting of goods and services exchange, while Bitcoin derives almost all of its value from speculation, not real exchange!
Why was Bitcoin designed as a speculative asset, rather than a means for real exchanges accounting?
And yet it is misrepresented as money for the people, by the people...

 

Lord God Almighty #2 06.01.2014 22:15

oh, i'd like to buy some gold, but i understand modern gold is undergoing spontaneous decomposition into tungsten. is this true ?

 

Mark Talmont 06.01.2014 04:32

I believe Max has said quite definitively that the market will collapse within 2 years starting from his initial statement last summer. Something to the effect that he will "eat his shorts" on air if it doesn't happen. You could probably find the statement on one of 2013s archived shows as he definitely repeated it, try around July-August-Septembe r.
Regardless of this particular point Max stands nearly alone in covering what is really going on in areas such as gold and silver. The U.S.-based financial "news" is almost entirely a disgraceful shill operation for the money changer parasites.

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