To cut off next to car sheds in this room a natural fact is where the milking operating. Equipment was this is where we started. Farming life more now than 26 years ago if you look at the roof its the roof of a normal corrupt nick that this is a home. To sell steel and hes lived and worked in 12 countries rich handsome and successful he came to russia for the 1st time in december 1991 on a 3 day business trip those were tough times the sivia union had dissolved and there were long queues outside the Grocery Store he wasnt expecting a lot of good to come out of that trip. I came here expecting will save us to have a neck that came from the areas to their shoulders and being drunk it was that kind of image it was interesting and people after paris troika everybody was very hospitable because it was a new life capitalism hadnt arrived so people had more free time went to a couple of bars went back and resigned to said i want to go to russia i jumped at this opportunity i jumped to do it s
Climax keyser this is the kaiser report fear money. Try over and over again throughout history going back to john law hundreds of years ago and. As voltaire as the value of money always returns to its Intrinsic Value 0. I think we may be at once again an Inflection Point stacey where the fia let me experiment and in paper tears its paper tears from here on out of course kaiser report has told you this for the past 10 years we have warned you about this you know j. P. Morgan himself one time at one point when he was alive back oh about 100 years ago he said gold is money all else is credit well Deutsche Banks head of credit. So he should know agrees with them Deutsche Bank top credit strategist makes stunning admission i am a gold bug for money is a passing fad in the history of money so he said gold is definitely a fee out money hedge hes buying gold and that money will be a passing fad in the long term history of money well yeah this it always has been a passing fad and theres always
So silver is back its pass through its long term resistance for the past 6 years 20 dollars and about 0. 50 has been a resistance it could not punch above that but it punched through that heading past 23. 00 it was like soaring and therefore the bull market is finally back on the confirming the gold bull market as well which never really you know hung out at the 1200. 00 level up and down 100. 00 from there for a few years as well but the gold bull market started about a year ago and now silver is confirming that so here you know you have this guy whos at the top credit strategist and so looking at the bond markets looking at on top of the bond markets bigger than the bond markets as the Derivatives Market and of course Deutsche Bank had i dont know how much of it has blown up with they certainly had the largest derivatives book in the world now passed by j. P. Morgan so i just want to show you this interesting chart its a visual. Capitalists chart all of the worlds money and markets a
He boosted his ear and forecast by 24 , writing a fall in erp, adjusted risk premiums will be offset by a rise in bond yields. The combination will boost the end,o already 600 by years 3800 in 12 months time. This represents a significant increase driven by valuation. What do the technicals have to say about that . Joining me now is katie stockton, founder of fairlead strategies. Off of the highs now. What does that tell you about the next direction . Is flirting with that resistance. The level im watching is 3394, the intraday high from february. For a breakout to be decisive, we need to see a couple of closeouts above that level. Highs onct new positive shortterm momentum but also looking for momentum to falter before the end of the month. You have some overextended readings in some of , alsoternal measures sentiment. Basedrcentage of stocks on their 50day moving averages reaching levels often associated with pullbacks in the s p 500. At the same time, sentiment reaching exceedingly
The leaders of 2 west african nations ivory coast and guinea are expected to run for controversial 3rd terms of tobar. The search for bodies continues in the aftermath of lebanons deadly port explosion and so does the search for answers 16 port officials have now been detained but many lebanese dont blame the people running the port instead theyre blaming the people running the country protests have taken place in central beirut calling for a complete overhaul of the political elite theyve been backed by french president Emmanuel Mccall hes been touring neighborhoods devastated by the chemical explosion the death toll from tuesdays blast is now a 149. 00 and its expected to go up Bernard Smith has more. On the streets of beirut on thursday frances president Emmanuel Mccomas eventually moped by people many of them calling for a turn of french mandate fronts was the clonal power here before independence and his because micron has essentially stepped into a void left by lebanons own polit