Misinformation could potentially be included in that whether or not its intentional and then the other point of it is how reliable are the tests that were using to the game itself to know that if someones tested positive but if there happens to be i thought to get to a straight im not sure its beneficial and this is certainly just spread information around. Thats been our breakdown of the days top headlines for now thanks for tuning in every maybe. I everybody max kaiser this is the kaiser report oh. They say max this is the last week that i am allowed to wear white according to the Fashion Police so you know when labor day comes up were not supposed to wear white after that. So im going to wear as much white as possible hopefully im not blowing your eyes out you look like the good humor woman. Delivering i scream in the good good humor woman truck thing bill well you know what theres a lot of looting and plunder going on and we have to refer to the quote from frederick that we refer to all the time as this is something weve warned you about for a decade now and its really really coming true frederick boston yet said when plunder becomes a way of life for a group of men in a society over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies good words of warning there you know looting begets more looting of becomes institutionalized becomes accepted at the top and then you have a class of people that come up with elaborate ways to defend their looting in the name of lets say patriotism or religious fervor or capitalism or some other reason and then society splits apart and thats where were at well lets talk about the looting and plunder that we see up at the top we have the central bank and what do they do money printer go put it right what is that doing but stealing is theft through inflation and flash inflation is a form of faffed its taking savings from people who dont necessarily want their savings looted then you have the private equity group below them who are overseen by the Central Banks the next step down from the Central Banks the private equity what do they do they strip a company they buy up these Companies Using the companys own assets by the way like thats a former theft like ok were going to use your net assets were not going to use our own money were going to buy you out and then hollow it out swap your assets for debt bankrupt the pension of your Company Employees and then were gone. To leave a carcass of an economy behind and now the next step as we see these people. Looting and rioting in the streets plundering in the streets smashing up Small Businesses and Medium Sized Enterprises and stuff like that militias forming here is from the left wing side of it heres yeah it comes the money shot check this out this is crazy crazy write that check it out its so crazy be prepared to sit down if youre not sitting down strap yourself in youre going to be a wild ride the next 30 seconds its actually a g o p myth that has over the last 20 years really crawled into an even leftist discourse that the Small Business owner must be respected that the Small Business owner crease jobs and is part of the Community Says the author of in defense of looting so the Small Business owners dont longer seen as the engine of the growth in an economy this is a deferral to the keynesian central planners i mean this is the alternative to having Small Businesses at the root of the economy is to defer to central planners right so thats a repudiation of the entire concept of the enlightenment going back to adam smith right so this is a return to either neo feudalism but you must respect the king that only the king knows or its an acceptance of a certain lets call soviet as a show of economy centrally planned poll appear oh those are the 2 discussed how you would justify this if you believe in those 2 systems i mean of course we have a robber baron system now right we have jeff bezos just turned to a 200 billionaire hes worth 200000000000 the 1st ever to work be worth that much nominally that is because exactly what this person is talking about private equity has already looted a lot of the system and then into that comes all of these huge monopolist that have monopoly Pricing Power and predatory Pricing Power over. You know people who provide the goods and services to the marketplace like amazon so we already have a system whereby theyre championing so now this person is saying that and National Public radio in america is amplifying it is saying that this is just the fight to loot because somehow like we cant talk about the bigger systemic issue like the looting from the top the Central Banks then the private equity and then the banks and then all this like lets target our fellow ordinary shmucks citizen because thats the only person we have power over we can throw rocks and destroy their business it gives us some sense of of closure of fulfillment that weve done something because we cant touch best as we cant touch the system we cant touch the financial or Monetary Systems well i think theres also something going on here in terms of the left is sensing a loss in november election and theyre trying to cause trouble theyre stirring the pot and theyre trying to get a little bit of a civil war going but they can blame trump for that and but one way to do that is by saying its ok to loot the Small Businesses and that is thats pernicious and ugly comment meant to stir social unrest looting and violence so thats what the left is up to now and by the left we have to include folks like c. N. N. Of course as you know one of these cities portland or something was burning down there is that famous you know kyra im going across a c. N. N. You know there reporter from the right behind him everything is on fire he says fire you know fire largely peaceful protest but the entire ice tree is on fire but its like oh how is your chip on the titanic oh a little wet toward the end there but otherwise great. Well you know so one thing i do want to mention before i move on to this the larger the systemic issue that these people on the street are not addressing and thats. Central banks on the Monetary System is that you know if you look back to the 1972 elections and a lot of people are saying that right now in the streets of reminds him a lot of the late sixtys and early seventys in america on the unrest and protests that were happening then of course it was animated back then by not only the Civil Rights Era but also the Antiwar Movement and vietnam now its a little bit more it. Harder to decipher but on the left you do you have that same problem that you had back then which was a new young power powerful in their size but the boomers were coming of age back then and they were way more left than the older democrats who wanted the corporate sort of Hillary Clinton candidate and back then the younger can the younger antiwar protesters wanted somebody like George Mcgovern who is like the Bernie Sanders of the day so there is that sort of divide of a powerful generation coming onstream which is the generations and the younger millennial but in terms of the overall larger picture that theyre missing is this one bank finally tells the truth the fed policies have become part of the problem and this is rainbow bank from the netherlands and its philip merry who in his fed postmortem titled the wrong kind of symmetry he writes that in the one of the most overt criticisms of the fed we have read today mary writes that while the feds step to make the inflation target more symmetric may benefit the wages of the average american somewhat beyond 2020 it does not really address the deeper problem with the role the fed is playing in the us economy it could be argued that the feds policies have become part of the problem instead of the solution they go on to say and ill read this in a bit but they say that the fed is enabling and enriching that one percent thats why jeff bezos was worth 130000000000. 00 in january and now hes worth 200 1000000000. 00 and thats after he gave 30000000000. 00 to his exwife. You mention the. Sixtys and early seventys and the split generationally the boomers were more left then the prevailing Democratic Party at the time and now weve got the season the millennial is that are more left than the prevailing Democratic Party at the time so theres a left away search happening politically in the 71. 00 of course knew us to close the gold window to pay for the vietnam war right so they defaulted on their foreign obligation so in a lot of ways whats happening today is a continuation of the vietnam war and what happened in the early seventies in mid seventies with the rise of the Weather Underground in the s. L. A. And extreme and left wing violent extremists and thats this is a continuation so america borrow 4050 years of time by closing the gold window and by expanding their Monetary Base and 2 or m 3 their own account of training more but the m 2 money supply has skyrocketed many hundreds of Percentage Points to pay for the mistakes of vietnam essentially so this is a revisitation of the vietnam debacle and that america is that how collapsing as it was right before we closed the gold one down and then we flooded the market with this fake paper money but the rest of the world not only vietnam but china russia venezuela you know much of the world is rejecting that paper money so this is an echo of the vietnam era and i dont think its going to work out very well as you see it i think banks like rainbow bank robber bank repo rainbow bank well they said that the much deeper problems the u. S. Economy is asymmetric impact the fed policies on households and businesses the fed monetary regulatory policies have contributed to a form of capitalism where the rewards are going to the one percent and the risks are borne by the 99 percent the Current Crisis response has made it painfully clear again that the feds policies benefit high income individuals and large corporations while Small Businesses and low income individuals bear the burden. And while the fed likes to see itself as part of the solution to americas economic problems it should ask itself whether it is part of these problems so thats the top right thats what the fed is doing these people down at the bottom in defense of looting thats the same argument that they use where they say that looting provides people with an imaginative sense of freedom and pleasure and help some imagine a world that could be so again just like the fed is doing theyre targeting Small Businesses and Small Enterprises to take from them to enrich themselves ok use the vietnam war as a great analogy by the mid sixtys 25000 american soldiers dead Robert Mcnamara said there was almost no chance of winning the general said theres no chance of winning just like the fed knows in their f o m c meeting theres no way to cure these problems but what do they do in the vietnam war or the doing of the Federal Reserve bank theyre going to do double down yes on that more troops more troops more money print more money printing and they chorused in vietnam they wiped out another 30000. 00 soldiers knowing. Without a any equivocation that it was a Suicide Mission going from 65 forward it was all going to be Suicide Mission from america the fed is saying we know these policies dont work were going to triple down to quadruple down because we think conceptually they should and were not going to believe the evidence before us that theyre not thats really important to look into because mcnamara was very clear in his private memos to the president that this war in vietnam was unwinnable and the same thing i bet you anything youre going to find the same thing in 20 years later is when we found out about Robert Mcnamara really what he thought well as he sent off tens and tens of thousands of people in america to death lord knows how many and and vietnam but you know the same thing i think well find out in 2550 years i forget how long they passed a law recently to keep those of the real no secret for quite a long time but i think theyre probably saying the same thing its like wow you know were just sending this economy to its death but we dont know what to do because otherwise we have to say face we dont want to look we dont want to humiliate ourselves. Yeah exactly so the prognosis is horrendous essentially an economic collapse is what theyre banking on with these fed policies so you know get ready were going to take a break and when i come back lets work your way. Is your media a reflection of reality. In the world transformed. What will make you feel safe. Isolation community. Are you going the right way or are you being led. Away. What is true what is faith. In the world corrupted you need to descend. To join us in the depths. Or remain in the shallows. During the vietnam war us forces also bombs neighboring laos it was a secret war. And for years the American People did not know. Until our thelma is occasionally mouth can rebound country per capita all Human History millions of unexploded bombs still in danger lives in this Small Agricultural country. Even today kids in laos full victims of bombs dropped decades ago it is the us making amends for the tragedy in laos wont help to the people need in that little land of mines. Welcome back to the kaiser report on my faster time not to go to well im a little cooper hes the founder of Commodity Discovery Fund and author of the big reset the war on gold and the financial endgame willem welcome back and congratulations on your book the big reset we interview you about 5 years ago when that book came out you are the oracle of abstinence and well everything you said in the book is true. Well thank you i remember meeting only a very cold warning in amsterdam freezing cold and i think i remarked that around 2020 there would be a need for a monetary reset well that we are lets pick your brain and get your insights on a few things here so dutch bank robber banks said that the fed policies are enriching the top one percent at the expense of the bottom 99 percent that is the say they can tell in effect their own powell are fed chairman over here denies this with whom do you agree well and why does this matter to the economy because the sat can be too honest. On that point and you know the rabble bank its one of the main banks of course in analysis one of the main banks worldwide and its one of the banks who tend to be quite honest ones in a while they have some great economists so they have been on top of the currency the basement story for quite some time so im glad that song well there are. Some great and some good phrase here and the netherlands trying to be to be honest because you know Larry Summers former secretary of the treasury e. C. Remarked a few weeks ago that we are past the central banking and jackson hole just one year ago we had mark carney the. Owner of the bank of england say and he gave a. Speech during the lunch and he said its time to to organize a new Monetary System to replace the u. S. Dollar so i think inside us are well well then the becoming almost but they cant ignore is anymore i dont want to say you know let me ask you a question about asked of them and you know weve been there many times to the netherlands and its such a great country and thats such a great city and of course they have a reputation for being quite liberal minded and theres a lot of activism now we we met up with greenpeace many times in after them and our message to them 1516 years ago was that its the central bank that is the root of all the issues that activists come to protest against my question is is there a growing awareness in the activist the progress of the liver the liber the liberal communities that the root of their problem is a central bank youre quite right and one example. Is of course whats happened with the millennial send as a Huge Community and then stood down in the netherlands and all over europe. Millennial to really gold in full swing to create so high in 2016 that specially 2017 and well i does life does hide a little bit but i was very happy that these young people all started to reach into the. Well the region itself the Monetary System and all the and they found out all the excesses of the momentary system and i myself as having a vibe is quite a bit to the platform sense to that and bits going wednesday seminars and theres a very large interest not only from the more older mature ridge guys you know the Global Community but theres a whole new generation now. All discovering the secrets of central banking and thats been a fraud of course for 4 decades and thats becoming. Mainstream one now your book the big race that went to a talking about this when it came out 5 years ago i believe now the subtitle is the war on gold so lets talk about gold because the people it appears as though gold is winning the war at this point Goldman Sachs says the soaring gold price of gold suggest u. S. Dollars days are numbered and weve got bank of america forecasting 3000. 00 for gold by this Time Next Year it is the war its about 2 and a favor of gold yet a deal losing them to warm gold so that the central bankers store street the usual suspects theyre losing those warm gold ass they have done in the 967 i know you know a little bit of momentary history and we had a long gold school in the 1960 so Central Banks were dumping Central Bank Gold reserves to keep the price fixed at 35. 00 per ounce in the late ninetys sixtys more and more countries didnt want to cooperate anymore and a started to jump out of this leaking shift and then we had of course in 171. 00 the disconnect between the dollar and gold and if we look now one could say its the 2nd long term gold who is failing and as this is short squeeze at especially at the chrome eccentrics future markets developing and if you look at the physical deliveries we see high on high amounts of physical gold is still being delivered every month now and this has started in march doing the corona crisis panic sell i think this is the last say solstice go warrior people are familiar with what a bank. On is banks dont have all the money on deposit that they say that they do and when people are concerned they go to the bank to collect that their money and its not there and theres a bank run but people are probably not familiar with a gold bank run the l b m a and the comex are facing a problem they dealers in that market want physical delivery and thats not available because theyve sold it and all i have is paper claims and this is causing a gold run in a gold buying panic amongst the 2 biggest exchanges in the world and of course as weve seen with stocks like tesla when theres a huge short sways these stocks are these commodities in this case called can start to rocket higher just based on market dislocations but i want to ask you about Warren Buffett is one of the most successful investors in American History and hes been up to some strange things lightly he dumped a lot of almost always bank shares pretty much except for one he got into gold mine or barack which he said he would never get into gold he said he would never abandon america and then he just put 6000000000. 00 in to jeff japanese stocks and which is another way to essentially get out of the u. S. Dollar am i correct in viewing this these moves by warren as hes exiting the dollar or heads against the Dollar Collapse as much as possible well im this is exactly the same like we have been doing for the last 1015 years maybe we were a little too early but just as we all know you hate gold but he loves cash flow and now hes buying into gold miners because they have a huge increase of that cash flows and undervaluation of commodities there you know today we heard the news that he bought into 5 jeff the nice Commodity Trading houses and the valuation in in the world of commodities is enormous hours just look at through my charts to. This weekend and if you look at the end of valuation of commodities compared to be 500. 00 we reached a new low in a 100 year timescales. I understand why hes moving to a goal now its one of the very few sectors us where diffidence dying creasing i think he likes tech and he likes goals both philthy so sector was doing amazingly well especially since the corona crisis but well in tech you have over fell you ation and no difference in goals you have and the valuation and you have increasing diffidence so hes hes still a smart guy and i even just a 90 selfcongratulation so warm let me ask about another money manager right dahlia hes another hugely successful have fun manager hes got the biggest had fun in the world as a matter of fact hes not 20 percent golfball the on the on this debt and paying nonsense hes gone for the gusto 1 the actual medal itself what does that tell you im not that surprising today dahlia oh i wonder if. Billionaires is moving towards a goal space because i think the mood has changed since the middle of 2019 at 2900 in the summer of 2900 alley 0 wrote a say important new t. Sis paradigm shift and we had to jones said so all are very big guys and us all started to tolka but what surprised me most was the news today that ohio and shipping is starting to have best 5 percent of data assets into gold and debt see huge shine because there is too should no money especially from Pension Funds and weve seen the same here in the netherlands it is not dumb the Central Banks will colu and try to convince you not to put any serious money into gold and now it is starting and you know theres 50 trillion invested in all Pension Funds who. A wide right now only one percent or 2 percent of this money thats a 1. 00 trillions go to wards gold that would be 10 times the amount of all money invested into the gulf states in 2080 so little space is a very very small will and thats why you see the use returns now in all gold related equities are fun to say having 5 months in a row double digit returns now and people start to notice so we see huge inflows see in the netherlands as well even broader now down to the global invents investment managed money seen as double that number 200. 00 trillion dollars so i extrapolate ing what we know to be the case less than one percent of that 100. 00 trillion dollars in gold and if people follow the ohio Pension Funds model going from 0 allocation to 5 percent so that means a go on go on a global basis are going from last in a giant to 5 trillion and call the total market cap of gold these days is roughly a half or 9 trillion souray we would say that a doubling in demand you know youve got your finger on the pulse of the gold market pretty pretty tight there is there even that if suddenly there was an 8 trillion dollar demand for gold is it isnt even a valuable can cannot because that source will know as you might remember and big reset i wrote in 2015 that. We could expect a few. Developments during a momentary reset one is we need to find a new anchor fools voluntary system thats what mark carney sad as well last year the 2nd one is so we need a way for death restructurings but the 3rd one i mention in the book is we need a goal revaluation a gold revaluation means that double duty devaluation and i also wrote in the group that you can have a gold or evaluation because of Market Forces what we see in our. Still moves up because as you or bankruptcy a goals are usually wages are much higher levels because central bank would like to revalue gold much higher like they did in the 1930 s. And i think when we see some more serious intros into the goal space i would be surprised by will when we would have a sudden announcement on a sunday afternoon or sunday night that central bank shire revaluing their gold reserves and that would change the whole financial industry while a metal coupe thanks for being on the show thank you max thanks for having me well thats going to do it for this edition of the kaiser report with me max kaiser stacy harbored like the thanks well a metal cup if you want to find his book the big reset its available in different languages on amazon if you want to catch us on twitter at kaiser report until i stop by oh. So what weve got to do is identify the threats that we have its crazy confrontation let it be an arms race is on us and spearing Dramatic Development only really im going to resist i dont see how that strategy will be successful very critical time to sit down and talk. To. Moscow lambaste berlin for failing to provide any evidence for germanys claim that russian opposition figure had aleksei not only was poisoned with a chemical nerve agent but that if there was any data he would work with it there is no data there are only statements of now. Into megaphone diplomacy. The u. S. Says it Wont Take Part in an international cooperate of effort to develop a vaccine because its led by the world health organization. And washington has imposed sanctions on senior officials of the International Criminal court after it started probing alleged war crimes