Have been cut. Can find more on those stories over on our website r. T. Dot com well have a full roundup of your news about an hours time right now reports. Either this is max kaiser this is the kaiser report Summer Solutions thats right some are solutions now today were covering whether or not gold price moves are signaling an end to the u. S. Dollar with our guest superstar allister macleod of gold money dot com alister welcome thank you for asking me facts all right well alistair 1st of all i might want to say of course max and i are investors and gold money dot com because we love the company and you do a lot of Great Research so were having you on here to discuss some of your research and the solutions to the issues though when you look at gold and you look at the fact that its sort through 2000. 00 do you agree with what Goldman Sachs who is one of the biggest beneficiaries of the can tell you in a fact all of the sort of money system they say that the u. S. Dollar is days are ne
A farming property in the region looking at how all of. The major problems for the nations 1000000000. 00 will be the story. How is gradually being restored in syria after a major gas pipeline explosion left large parts of the country without electricity firefighters now have now managed to put out the blaze on the arab gas pipeline just northeast of the capital damascus this was the scene a few hours ago there are no details yet on what may have caused the explosion past the oil minister is suggesting it could be an act of terror so what has been monitoring the situation from beirut in neighboring lebanon. The syrian oil minister at 1st suggested that this could be a terrorist attack hours later he said after assessing the situation on the ground that this was a terrorist attack he did not provide more details there has been no claim of responsibility the area where this explosion occurred between the. Air these are in the countryside of damascus an area under the control of the Syria
From capitol this is just there a live from doha also coming up 2 members of the Opposition Coordination Council are detained in belo roosts the day after one of the biggest protests against president bush. By compare expresses hope other arab states will follow the u. A. E. In establishing diplomatic ties with israel kicks off the middle east tour. Bosses at mining giant to rio tinto lose their bonuses over the destruction of sacred aboriginal sites in a Straight Year the critics say its an empty gesture. The gunman who murdered 51 people at 2 mosques in new zealand last year has faced survivors of his attacks in a courtroom day one of Brenton Terence sentencing hearing has begun with harrowing accounts from survivors and families of some of the victims tyrant is already pleaded guilty to dozens of challenges he could be had to use elance 1st life sentence without parole when hey reports. Under heavy security Brenton Terence was flown by the new Zealand Air Force back to christchurch
Dollar is days are nearing an end and how they determine that in their reports is that. The gold price so do you see those 2. 00 as being related and are they a little bit too doing gloom and that the u. S. Dollar is ending soon the answer to that is yes they are related but i would put it slightly differently from the way Goldman Sachs describes it there was a day earlier in this year when everything changed it was rather like you know the tide stopped going out and started coming in all from how the port if you stop coming in as a going out and that was the 23rd of march between more or less the beginning of the year and the 23rd of march markets sank the s. And p. Lost a 3rd of its value you had gold was just absolutely knocked down i mean certainly the open interest was not down there the price was a lot more resilient than you would have thought and so there were various things that really were hit i mean even cohen sort of was pretty weak in those in the at that early time but th
Resolving economic problems and at that moment the markets switched from being worried about deflation to suddenly thinking the outlook is inflation the s. And p. Took off and we are where we are now gold and silver took off the gold silver ratio collapsed from 120 down to current 70 ought they call and took off oil took off so there was that moment and i think we discussed this in an earlier. Cost with the video with the when go dipped in april because of delivery problems on cemex but apart from that oil also basically took off so did copper dock to copper which tells us that. You know the outlook was considerably improved after the fed turned around and said we will. Print whatever it takes and it was also the day when the dollars trade weighted talked and it hasnt really stopped falling since that so 23rd of march i think is a date we should all put in our diaries that was when the world changed and it is so reebok couple that any idea that for example gold is had a wonderful run t