Rising futures open interest and investor flows and decline versus the same. Declining for gold indicate the cryptocurrency gaming an edge for price appreciation and our view, thats mike mcglone, e o of bloom borer. This is really amazing. So whats happening is that the value that goal possesses as a store of value is being diminished by bitcoin because bitcoin is a superior store of value in many, many, many ways, as weve mentioned over the years. And so therefore, gold would be training more for its value as jewelry ornamentation or maybe some electronic is which would imply there are just a gold price of maybe 2 to 300 dollars an ounce, not 18 or 1900. 00 an ounce. And gold is the new aluminum. Wow. Thats like Robert Prechter style prediction, price prediction there that hes been predicting for the last, like 30 years. Well, i mean, if you look at so versus over has no longer been useful as a monetary metal. And the prices been lackluster to say the least. Gold is becoming very leas
A whole list stiglitz another no bo wening in correct call on bitcoin and theres still a huge and long list because for the reasons that we said it was going to take over the Global Economy those reasons of now been accepted more and more by the global population and jamie dimon is a guy who he is defending the status quo is part of that front line to keep. Real price discovery and real money out of the system he preserve protect or of the out money and all the fake price discovery that goes with it and all of the financing of wars and corruption that goes with it all the nickel and dime ingin and failure to perform even basic banking skills that go with it the ability to pay off the billions and tens of billions of dollars of fines hes been levied because of his law breaking his recidivist law breaking over and over again and now his day is just about over i suspect hell be retiring in the next 6 to 12 months because out of utter disgust and shame he really needs to just leave so they
Back with another look at about an hours time stay with. Us. Oh hi there im max keiser this is the kaiser report what they wonderful trip this is ben bitcoin of a dollar 2011 right here kaiser report we told you to buy it was going to compete with gold to take over the world it was in fact perfect money and still is and will forever more be well lets see how this is working out stacy so we were right jamie diamond was wrong and yet jamie diamond the guy gets paid a 1000000000. 00 to be wrong all the time thats kind of how they why the economy is in a crisis is that these people who are wrong of us time keep on getting elevated to higher and higher positions and they get rewarded and celebrated as heroes in hated big queen at 10. 00 and we talked about it he did that 100. 00 he did that at a 1000 and well he loves it at 13000 to show you how this has worked im going to show you 24 teen have behind from our j. P. Morgan chase c. E. O. Denounces big queen as terrible predicts its downfall
Ben because i have a dollar 2011 right here very poor we told you to buy it was going to compete with gold its going to take over the world it was in fact perfect money and still is in the role for evermore be well lets see how this is working out stacy so we were right jamie diamond was wrong and yet jamie diamond the guy gets paid a 1000000000. 00 to be wrong all the time thats kind of how they why the economy is in a crisis is that these people who are wrong of us time keep on getting elevated to higher and higher positions and they get rewarded and celebrated as heroes jamie dimon hated big queen at 10. 00 and we talked about it he did the 100 he hated it at a 1000 and well he loves it at 13000 to show you how this has worked im going to show you a 24 teen have behind from our j. P. Morgan chase c. E. O. Denounces big queen as terrible predicts its downfall in the article he says is a terrible store of value it could be replicated over and over it doesnt have the standing of a gove
Oh hi there im max keiser this is the kaiser report what they wonderful trip this is ben bitcoin of a dollar 2011 right here kaiser report we told you to buy it was going to compete with gold to take over the world it was in fact perfect money and still is and will forever more be well lets see how this is working out stacy so we were right jamie diamond was wrong and yet jamie diamonds the guy who gets paid a 1000000000. 00 to be wrong all the time thats kind of how they why the economy is in a crisis is that these people who are wrong of us time keep on getting elevated to higher and higher positions and they get rewarded and celebrated as heroes jamie dimon hated big queen at 10. 00 and we talked about it he did the 100 he hated it at a 1000 and well he loves it at 13000 to show you how this has worked im going to show you 24 teen have behind from our j. P. Morgan chase c. E. O. Denounces big queen as terrible predicts its downfall in the article he says is a terrible store of value