Hi im max keiser this is the kaiser report what happens when People Lose Trust in the fia money in the Central Banks and now thats a were going to find out states right well i know our audience has been protected for years from what is coming and what is happening now weve been warning you about the collapse of the few system and of course it is youre right and weve been telling you because gold silver all that stuff here we see some headlines about this you know of course over the past week we saw a big plane hit a new all time high back up to it didnt die like all the media had said and in fact we had Paul Tudor Jones and we had stan truckin miller then we had micro strategy then we had in our. Black rock lows a big people get into the space and then guggenheim also said now that theyre starting to buy big client so turkey has no cure for a gold craze that leaves the lira vulnerable turkey is trying to stabilize their currency which has been plunging over the past few years and part
A great market. Do room said it is mad that the dow passed 30000. 00 and current circumstances. I said no equity prices reflect future, not past 2021 will be a great rebound. Im optimistic. U. K. Stocks, especially under price. So engine yell like everybody else. What people are expected to do with the participants and economy are expected to do through fed speak through the fed manipulate in prices, is that theyre supposed to think that these are the animal spirits. The fed tries to incur, well responded. Actually, stocks are mostly being driven by global q e, quantitative easing, which really has one major purpose, which is to raise asset prices. Weve been talking about this for a while day by far is one of the central bankers who speaks openly and honestly about whats going on here. So who governs business along over there in the u. K. . Doesnt want to recognize that stock prices are a function of money printing. In fact, how much our stock price is a function of money for entering.
Between 12. 00 and 18000000000. 00. Hes saying his liquid portfolio, which is probably a lot less than that. So hes put 10 percent of his portfolio in there and the rest, the other 90 percent. He says he hasnt gold and silver miners, all the dominoes are fine for now we, weve pitched ricardo him because actually when we visited with his dad hugo in 2012, when we were traveling down to athens in greece to try to get the country to get out of their financial problems using a silver standard. I was adamantly pitching hugo about because i mentioned it to his dad. We mentioned to his dad again and 2015 when we did the interview and he mentioned the big coin standard safety of a most is book. And of course we were the ones who told safety and most about because it is right there. You know, we pitch them out because we knew it was in the 100. 00 or so and initially like ray deleo, he scoffed at it like even Michael Saylor micro strategy. Initially. They scoff at it, but then they take, you ta
A big cornwells fought on the answers with some stacy in the root cause a report up next that neil harvey is on his way to be sure to bring the morning news updates next hour join us again that. Time max keiser this is the report i salim accessed a standard Telegram Group where there are 24 hours a day just talking to people. And me forwards arent spell. And do it this way weve got about 8000 in there now going to be blindly as party on planet earth so stacey remind me again whats happening in the world rides well the big news in the past week is at the end of last week a video was released of a conversation between the former bank of england had mark carney now interviewing people for the council on Foreign Relations so a very powerful organization in america and larry fink who is the c. E. O. Of blackrock the largest Asset Management firm in the world they have 7 trillion dollars under management so you know larry fink is like an untouchable right like hes probably more powerful than
Extremely important. People with the nature of the vaccine is coming up next. Stay with us. I am max kaiser. This is the kaiser report. Wow. So much to get to lets get to it with the stakes. Well, max, you know the last episode we were mocking ray dahlia. Oh, hes the, i guess he looks over the Biggest Hedge Fund in the world, bridgewater associates, of connecticut. And he was just saying, bitcoin, well, now they have financed raid alya says he might be missing something about bitcoin. This is the learning curve of bitcoin. People dismiss it and then they notice the people around them getting rich, like in this case, Paul Tudor Jones, whos also in connecticut stand up and druckenmiller, who was hugely Successful Hedge Fund guy. And they have to put away their biases and they have to take another look at it. And then once you really like it, because i like great value now is doing for the very 1st time. It really distressed about a fan for years without actually looking at it. And once y