Climaxed kaiser, this is the kaiser report. Have we hit peak bitcoin . That is a good question because you know more and more billionaires around the world are getting into big coin and massive sort of Asset Management Companies Like black rock are getting into big quine. So max keiser this week, you tweeted a serious big question is developing a supply on exchange, dries up prices will start gapping higher looking for sellers. What do you mean by this max kaiser . Well remember the old peak oil or peak gold arguments that were running out of oil or running out of gold. That of course, is not true, but in the case of bitcoin, because it is absolutely scarce then because the demand is approaching infinity, we are potentially hitting peak bitcoin, where it will become increasingly impossible for the average mom and pop to acquire bitcoin. Because all the 900. 00 coins per day that are generated through mining will be sucked up by the institutions that will never hit the market. And of co
Then scalp on an almost daily basis they come in and they dump huge short shells for should say short sells into the gold market and they scout the market continuously thats why gold prices been very sluggish its moved up over the years but its very sluggish compared to the amount of creation and debt creation but what happens if you lose faith in the central bank utterly like whats happening in turkey people are not going to be efficient playing these games anymore theyre just going to go along goal and if the central bank of turkey collapses theyre willing to accept that risk because number one their gold would skyrocket and number 2 theyre ready for a change and the government there is not the levering the changes that people want so the way to passively resist against the government is to own gold or to own bitcoin so in gold yes as you mention in turkey very very familiar with gold much more so than big but the concept is the same globally people are now taking the same passive re
A person on a ship to reach to the venue is a place of worship. As the church of the 400 drivers. Youre watching are to International Coming to you straight from the russian capital where its just turned 6 pm ill come to the program we start with a developing situation in the west of england multiple casualties have been reported after a large explosion at a warehouse in bristol a Fire Services have been describing the blast as a Major Incident and emergency crews are at this scene so far its not clear what was being stored in the facility but police say a chemical tank appears to have been the cause of the blast the warehouse is next to a risk recycling center which has been shut down and we will of course became you updated as more information on that comes in. In other news a less than 10. 00 for coded immunity the prize for Russia Sputnik the vaccine internationally as it was presented to the Un General Assembly on wednesday moscow wants the job to be available to the whole world a
Electric vehicle stocks are scorching, oil stocks are gushing. To chase or not to chase, thats do question ill be the question ill be asking some of the best. We are waiting for the paddenning of the thanksgiving pardoning of the thanksgiving turkey or turkeys. All that and so much more on making money. Charles the broad market propelled out of the gate powered by continued excitement over that midday announcement yesterday that janet yellen will be heading the Treasury Department. Then theres also the transition of power at the white house and continued strong corporate earnings. Wall street professionals find themselves chasing a train long after its left the station. Remember, they were complaining about this or that. Blackrock, in fact, says its now overweight u. S. Stocks with 40 technology and Communication Services alone, only 11 in european stocks. While theyre not really the worst problems like buying stocks or holding during those violent selloffs, chasing bigtime rallies is
International hello welcome good to have you with us. Well for you for less than 10. 00 for covert immunity apparently thats the price for russias sputnik of the vaccine internationally as it was presented to the Un General Assembly on wednesday lets go once the job to be available to the whole while don has already agreed on deliveries to foreign nations. We will be producing. Those this was a week seeing already just starting from february in 4 key joerg of india brazil korea and argentina real rig reach supply agreement and production agreements with those countries more than 40 countries have expressed an interest in buying a sputnik v. Nevertheless many western critics have already written off the russian vaccine donnel whole kittens are knocked out why. The media today is full of big headlines pfizers covert 19 vaccine is officially the 1st to be approved in a western country with the United Kingdom leading the way theres a sense of excitement that lives can be saved on the 1st s