Countdown the balls going to draw new years starting resolutions will be created its all so very exciting lets check in with the talented smart. All oracle of the universe Stacy Herbert maxwell you bring up a few things our resolutions did you follow through on all your resolutions for twenty seventeen did i did i promise the never to sell any of my pit going so i hold on a hard liner and i told my new years resolution from twenty seven saying i hold firm and of course we are on new years eve the eve of new years eve is when this episode is recording is airing but we will not be here on new years eve because thats a sunday and our show airs saturday c thats why were here on the eve new years eve. I get it. Which makes sense and this year that me too is the person of the year for twenty seventeen according to Time Magazine so we like adam and eve exactly oh exactly that she tempted him with the apple yet as they left the garden of paradise so many people that are here that many people this year were tempted by queen and big queen became a massive mass of phenomena. Of course had you been watching price reports since two thousand and eleven youd be on your yacht right now in the caribbean standing and thats where we will be over the christmas new years vacation so what are your predictions max for twenty eight hundred for big point first lets call a price everybodys calling price people are up to a million two million some down zero between zero and two Million Dollars for twenty eighteen twenty c. Well i have been saying that i dont really like to give press protections because it sets up false expectations and gets into the peoples head decide if trading hit this number i wouldnt trade it no i just just hold it keep holding it you know twenty eleven on the show i saw the price prediction was one hundred thousand dollars at some point were going at the time it was three and so yeah i still think were going to hundred thousand dollars per coin and at that point all kinds of things are going to be changing in the Global Economy banks will be completely really architected to be in the image of the block chain and because the cryptocurrency is jamie diamond will be looking for a new job Lloyd Blankfein will be you know doing some kind of remedial job somewhere pushing a broom you know that everything will change pole dancing hell be pole dancing at your local strip bar well i will offer a price prediction thats what im going to do so we saw that at the end of twenty seventeen divin she discovered eventually that had been undiscovered for a couple hundred years well it sold to the crown prince of saudi arabia for three bitcoin pizzas remember back in twenty eleven somebody bought two pizzas for ten thousand bitcoin that ended up being worth about one hundred forty Million Dollars at the time the news emerged that the crown prince of saudi arabia had bought had but the defense for four hundred fifty Million Dollars so three big coin pizzas. I predict that the price of bitcoin will hit two basically two thirds of a davinci really for the big. No can it be as phenomenal. Good think its fungible that he could always eat if he is but that is total decadence ok the saudi princes all these like prancing around and all their jumbo jets and bringing all their servants and jumbo jets around the world doesnt get more gangster then eating you know a pizza worth a third of a differentiated well you know the trend weve seen where people buy drinks and cocktails and little top boss made with gold flakes yeah diamond that you know this thirty thousand dollars cap or chino this type of food orgy going on you know at this rate will see this kind of trend continue as well so lets continue on bitcoin because it has a huge impact more than just the price. Weve seen a lot of volatility over the past few months but going into twenty eighteen what do you see the impact will be gold because youve said and others have said that you know this actually could help gold in the long run weve seen a lot of selling off of gold at the black hole of asset grab from other Asset Classes including gold what do you think the impact will be in twenty eighteen on gold the biggest problem with gold is structural you cant get out of the the locked environment that its trapped in because of the derivatives contracts and the naked short selling from those who support the u. S. Dollar versus gold and structurally bitcoin will blow up those structures especially if Patrick Burns new platform t zero launches were all of the back office settlement activities become redundant and this will open a path for gold to climb higher i think twenty eighteen are going to make a prediction for gold. I think gold will hit a new all time high of twenty eighteen thats going to be above thats going to be i think gold will get above two thousand and twenty eighteen do you know twenty three twenty four hundred twenty eighteen because of the success of bitcoin wow i predict in terms of the gold market weve seen a few gold miners and gold sellers like out max the soon as they start offering big quine you know either to buy or sell or purchase or use bitcoin in any way on their platform their share price or their you know their Customer Base explodes so i think youre going to see a lot of those basically along the youre going to see more gold miners get into the big point mining space also in the millennial generation and thats the new defining population in america theres always this trend toward authenticity you know people started buying Vinyl Records again people wanted to cassette you know music again as a reaction to the over technologically engineered Music Industry of spotify and m p three files and this type of thing you see that authenticity has begun making furniture and going to actual ironworks and people are you know growing beards and growing you know tomatoes and so gold will be seen as an authentic version of bitcoin ironically enough itll be the vinyl version of bitcoin itll be a store of value that you can actually hold you know you can make jewelry it will be not itll be a coin quotable novelty for this millennial generation sitting on a huge profits in the greco and theyll be like you know what maybe i will go buy some twenty four karat gold jewelry at midnight for example or friends of gold money large headline and theyll be like this is cool you know this is fun and i think that will drive to demand and i think well see a prized move i might add that bit fury has actually started opening a Mining Operation up in canada which of course is a big a minor of gold as well but the country of canada so i think we can see more competition in the mining space for sure so how about nationals states you know weve seen over the years so many different. You know proclamations first they were like this is for drug dealers and mafia you know illicit sort of operations that were going to then were going to ban it and they keep on going back and forth between were going to ban it were not going to ban it were going to use it were going to adopt it and you have predicted that there would be a nation that would start to first accumulate bitcoin it turns out that ball garia by the way at one point at the end of this year had like three billion dollars with a big point because of illicit operations i see some assets from some no gooders or whatever so we did see venezuela as wealthy and a twenty seventeen i think be the first nation to actually propose a crypto currency the petro which theyre saying is backed by their oil reserves but which is really something that jim rickards had predicted quite a few years ago that once the u. S. Pulled the trigger of using swift and the Dollar Financial system as a weapon to use you know to prevent nations around russia venezuela and other nations from accessing the Financial System as soon as they pulled that powerful switch that alternatives would emerge and this petro for venezuela is kind of a way to circumvent sanctions so do you see other nations following with their own sort of ideas by the way i want to refer to a tweet that you had sent about this because everybody was laughing at my door over announcing this for venezuela but you had said necessity is the mother of invention venezuela is attempting to fight hyperinflation with a new hopefully if done right deflationary cryptocurrency the petro as a crypto and Digital Currency pioneer and inventor i support this initiative and encourage others to do the same well you know its incredible because theres a debate in the crypt Community Called the scaling debate and people dont think about that in terms of hey is it for transactions and how do we increase transaction. Theres a store of value is doing great as a store of value but the real scaling attribute of bitcoin that is ignored is what i would call the game theory scaling in the beginning going back to twenty eleven you had a bunch of technologist all trying to hack the system but they were incentivized not to hack the system because their coins were going up in price and then we had the emergence of really players who were gaming each other a mining the miners and you had china emerge as a big mining force and then japan was a big mining force you had you mentioned Eastern Europe and bit sirico they were dominant in the mining for a long time there almost you know about fifty percent of the mining of the hash power you know that was the the game theory was was scale to that mining in that regional level and twenty teens are going to see the game theory scale to the sovereign level so that yes you will have countries russia china japan theyre going to be adding crypto as a Strategic Reserve asset and theyre going to be mining and nationally the big bitcoin and theyre going to be subsidizing their Energy Resources and applying government dollars to mine coins as a Strategic Reserve and they will add to their gold and other reserve currencies china has three or four trillion dollars they have three four thousand tonnes officially of gold of course as an officially a lot more now these countries are going to be coming out openly saying you know what weve got you know x. Billions of dollars of the big point this is going to be game theory on the sovereign level to wrap up this first half i want to say in terms of price a lot of people say oh its a bubble and blah blah blah but when you mention that game theory and you compared it back to you know there was the early days of the internet i think this is a more comparison to adoption that youre seeing why it why its going hyperbolic in terms of price is this merely adoption. Of the technology and of the use of bitcoin because when you mentioned it was for that first ever big quite conference in two thousand and eleven it was like the equivalent of the Richard Stallman sort of people and Richard Stallman was the very first early days of arpanet darpa net and you know he was a hacker the original sort of hackers he was testing the system for the mit in the military and the people developing the internet and we saw that in twenty eleven twenty twelve and twenty thirteen we saw a lot of you know. The system became more antifragile based on all of these it attacks on the system and now were starting to see more of the you know now we look at the internet you think of google and facebook and amazon and you know big professional sort of organizations but at that time back in the seventys the late sixtys early seventys it was Richard Stallman well when we come back lets talk about that what i consider to be the story of the year so i dont go away stay right there much more coming your way. We have. Doctors here who never thought about it but we took care and to call for a year ago they thought the relatives would hate them and relatives loved them and it just. Absolutely inspiring to hear something at a telephone call or a person coming actually i just had a man in my room most of the same words he says my wife has just died thank you. Hi im max kaiser welcome back to the kaiser report you know were talking about all the great things the twenty seventeen and want to look forward twenty eighteen we left off stacy on this game theory going sovereign and the early days of Bitcoin Bitcoin and youre saying these are all now considered to be attack vectors essentially attack vectors that made big coin more antifragile robust robots and ill tell you another attack vector that made because even more robust and took it from one thousand to fifteen thousand was the emergence of what bitcoin cash big caches of hard fork a bit coy everyone was dreading it but it turned out to be just another attack vector that was survived and made bit coy even more antifragile and from that story came the story of the year and of course i am referring to the andres ensemble story oh yes that was a Real Christmas story that was an amazing story tell everybody about it and if they havent heard about the novelists well anyone in the crypto space knows andres on top of this hes been a tireless champion of bitcoin going all the way back to two thousand and twelve and hes been on joe rogan a few times as a report going to kaiser report and hes just been an apostle of toshi and traveling the world we find out later because he was attacked by roger vera whos the big gun behind cash on twitter he had a he said made a snarky comments because andreas had launched a patriotic to have people donate money to him and they were like your big queen millionaire why do we need to give you money and where she had now been like you know what ive been i dont actually im not a big millionaire i had some big coin a few years ago i had to cash it out to take care of my family i actually had to go into Credit Card Debt and suddenly it was like this massive turn jerker hit the internet. Space and i want to like i think out. Back or back from one of the Core Developers who came forward and said you know if the guy who does the buy big going to sign behind janet yellen who money was raised for him to raise like sixty seventy thousand bucks and because why you know we should raise my friend ryan i mean he and grace is actually the real the real Bitcoin Jesus you know its a story of im a man in a manger whos released this message of love and crypto to the world and sure enough you know within twenty four hours see the last i looked its almost two million bucks so hes now a crypto millionaire and hes got a homeless guy in the world whos just about spreading the word of this fantastic technology and it shows also that krypto is not about drugs and about gun running and about evil doers you know the way the Mainstream Media portrays it at the core as our friend jimmy song has a great presentation about this its about virtue its about prudence its about the qualities that you a high temperance you hold in the highest regard you must adopt these to be success in this in this space because there are no guarantees there are no bailouts you word is your bond your character is who you are and this is whats coming out as part of the script a revolution thats the message and i immediately thought of that Great Holiday movie its a wonderful life you know its about George Bailey and his s n l savings and loan goes bust and hes just helping people get houses and then mr potter of pottersville tries to take advantage of the situation but then the people all come together and they throw you know cash into a bucket and they save yes analogy me stuart is save and you know little clarence the angel talks about the bells ringing yes everybodys watching over christmas but getting to this and a story going further on that one person one individual did give to him at the time five hundred twenty four thousand dollars with a big queen in one transfer to him and then went up to like seven hundred thousand and value. More over the next twenty four thirty six hours just those thirty seven bitcoin that guy had sent to him so you know there were a lot of amazing donations and you could also go online check him out. Because there are some photos of him giving speeches to three people in a giant auditorium who are showing up in the early days of it going to learn about it there are only three people and he was delivering it with such passion you could see his face like speaking to these three people in the audience in a big empty room on the road to damascus yes i mean thats kind of a continuing on we are still in december so its a little bit of a christmas story but were going into the new year were going into twenty eighteen and one thing that you mentioned in the previous half of the show was that millennial czar you know you know millennial are part of this equation and what were seeing i think with bitcoin in the leads into this next episode this next story this next forecast i have is this intergenerational thing because one thing that happened in twenty sixteen is that millennia were the bigger larger voting block them the baby boomers this is massive this is the first baby boomers have you know theyve gone through you know theyve laid their mark on every single thing in culture economy politics everything that they wanted they got just because of the vote they have the vote they have the majority of people they got whatever they wanted and now we have a new generation the millennial generation there there are more of them than there are baby boomers so i think baby boomers have a lot they got the Free Education they got the cheap healthcare they they got the cheap houses they got everything and all those asset prices the stock markets the house and property everything is booming it is that the peak they got it in cheap they got in early you know many early bitcoin investors many early they were there early on the other Financial System i think thats part of why we see these cryptocurrency. In the whole. Ecosystem erupting because its a this is a new ecosystem for all of those who are not even given theyre not theres no way to enter that system that the baby boomers are holding onto really tight i dont blame them but theres no room for you know millennial zoo or anybody else to get into it so they have to create their own Financial System and i think youre going to see this through political systems cultural systems they have to create their own because theyre the boomers are not going to give up their dominant position and the ones that theyve created the world theyve created its a wall transference its from baby boomers to milan else and its also from the first for to the third world you know that because encrypt as being embraced by countries that are subject to those Asian Countries that are being victimized by sanctions and theyre using this as a way to do an end run around swift and other International Money systems that are being controlled by old colonial powers and so theres a huge transference of wealth the biggest weve seen in hundreds of years and millennial is are taking part of the millennium the recovery more international in the sense and the victims of this will be the old guard of the legacy systems and agree that this is like the baby boomers of the rat bulge in the snake you know you see that snake and theres a bulge in the snake and in what is that bulge its a rat that read of the baby boomers and now theyve passed through the snake and now weve got to get back to some other new demographic trends i think that hash tag me too that i mention the first half thats part of this intergenerational transfer of power i believe you know all these politicians all of these hollywood in that feudal system all the gate keepers in hollywood it all turns out many of them are abusers and you know not very nice people and are very abusive with their power and i think. The money elsewhere like enough out of here go away and the fact that they like these super powerful people are being dismantled and destroyed their careers just such super power i worked in hollywood i cant believe the likes of Harvey Weinstein and kevin spacey they who would have ever thought that they could just be a memory hole and so fast and yet theyre there theyre gone and this is what you know were finding out about the silence breakers the need to hash tag me too as Time Magazine is that people when they were victimized in this way across all spectrum of society you know the perception is the guy is abusive to a woman but what were finding out is that guy is part of a system thats abusive to women so theres in hollywood we find out that the agents are in on it other stars. Are in on it so when she going to woman you know other people say why didnt the woman speak up about this at the time because shes taking on not just the guy who abused her but the entire system and the entire system lets her know that if she speaks up should be shes out of a job her career is finished and this is what and this is anyone who suggests that women are partially to blame for any of this really doesnt understand the what theyre talking about but again this goes to this point in the second half i am introducing is that those these powerful systems protect themselves they they fight back so the boomers naturally got the free healthcare they got the Free Education they got all that free stuff and somebody had but it was never free theres no such thing as a free lunch somebody had to pay and they got their children and grand while their grandchildren great grandchildren have to pay for it and then these this generation the millennial generation. They want their own power they want their own systems and theyre not able to be part of that system so without being abused in some way whether its through you know credit default swaps or anything else there they want they have to break through it and create their own system so i also want to to turn. Another. Views are many people think he abused you know the middle east and also the population of the United Kingdom tony blair backs labours land value tax to tackle housing crisis tony blair is backing one of the most controversial measures raised in labours last manifesto by supporting a new land value tax designed to help solve the housing crisis so theyre saying obviously it would be a huge shift left whether or not if you were in power if you were still in power of course you would never do this and why you would never do this is as the article points out is successive governments including blairs repeatedly avoided dealing with the Council Tax System which is based on wildly out of date house price valuations because the politically explosive consequences of updating it doing so could see some asset rich but cash poor people such as old early homeowners hit with big bills so the baby boomers they got the free houses as i mentioned before they got the free houses from Margaret Thatcher and they see those profits as theirs they do not want anybody to take those profits for them and if they do even if it means mass homelessness from the millennial generation they want to keep their profits tony blair i mean one tony blair invented new labor you know new labor as opposed to you know some interest in the way theres a third one in the british Margaret Thatcher isms and so that is still there all the way full circle and see is the but a failed approach well of course it makes perfect sense tony blair and bill clinton invented the third way and the third way delivered in two thousand and sixteen the new president and twenty seventeen donald trump and i think this is what it is its a recognition that ok weve benefited a lot but the fact is the baby boomers have to do something otherwise youre going to get worse than trauma next time and twenty eighteen this is a year for midterm elections maximum west minute. Here what do you think were going to see in the midterm elections are you know there are democrats going to suddenly win everything and theyre hash tag the resistance is going to take over and theyre going to kick out trumps before and what do you see could possibly happen and i can imagine the campaign ads for twenty eighteen and twenty twenty itll be booming jobs booming markets and itll look great and promises that were made on the campaign trail whether theyre good or bad theyre being kept so those campaign ads are going to great hes his popularity i mean his percentage of the vote will go up translating into twenty twenty one when the popular vote and twenty twenty one the Electoral College and twenty twenty so were got a lot more trump on the future in the last twenty seconds here ill say i think the opposite i think something new the millennial we dont know because nobody has ever in the media given them voice but i think something will emerge out of there are they equivalent of an obama for the new millennial generation oh thats going to do it for this special even on the eve of new years eve special see in twenty eighteen max the stacy wishing you all the best if you want to reach us on twitter its kaiser report until next time by you know. Heres what people have been saying about rejected in the us is it actually just. The only show i go out of my way to you know what it is that really packs a punch. Is the john oliver of r t americans do the same you know apparently better than. Receive people youve never heard of low down to the next president of the world bank very. Seriously send us an email. We have a great we need to strengthen before the freeze. Well world calls and your bets have been a legend to keep it tight at the back. In one thousand nine hundred two that most qualified for the european championships at the very last moment no one believed in us but we won and im hoping to bring some of that waving spirit to the r. C. C. Recently ive had a lot of practice so i can guarantee you that Peter Schmeichel will be on the best form since my last will call him on the road so as weve. Both an old joke. Here i called russia. Twice thrice. Left left left more or less ok stop thats really good. There. Are a. Ton of welcome to worlds apart that is the last thing one would want to talk about their new years eve but in russia paradoxically its also a source of hope and renewal Palliative Care barely existed in this country just two decades ago now provides one of the most inspiring examples of civil activism not only influencing governments but also becoming part of it how can do we people die change the way people believe well today expose that im now joined by new defend their message how the most a soundtrack from Palliative Care you do is great to talk to you thank you very much for your time thank you for your time now. About a decade ago i used to volunteer at first. Mosco hostas no it was looted by your mother the armenian she cover and i know that at that time there wasnt wasnt even the notion of failure to carry in russian law i know it has changed since then but its certainly not fully or properly legislate