Episode 728

Max Keiser and Stacy Herbert discuss the publicly-listed companies eating themselves through stock buybacks and what this means for a monetary policy which encourages it in our new financialized era, in which corporations borrow not to invest but to take money out of the company. In the second half, Max interviews precious metals expert Ned Naylor-Leyland about the latest in the gold market - including the various lawsuits against manipulators of the market and the accumulation of reserves and introduction of a price-fix in China.