The next quarter we knew is celebrating our 10 Year Anniversary you know because i like to do month long sort of celebrations my birthday is officially one month our 10 Year Anniversary is going to be a whole quarter just so you now and you know one of the themes that kind of has been constant in the past 10 years is this new paradigm shift i remember over it 0 head and Liberty Blitzkrieg they called it the 4th turning right that there was a huge generational paradigm shift that was happening and you could see that with the meltdown were having with china and the trade war and its really about the sudden recognition even though some of us have recognized that for quite a while the Southern Recognition that they actually beat us and high tech stuff and it suddenly dawned on us they we are we 2nd rate to them and we have the melt up and feel i in these negative yielding bonds theres a literal melt up happening there and i think is the beginning of the age of bitcoin and the return of gol
Morgan would not know that they were actually speculating on big point but they were out algorithmically trading because thats what these guys do and the algorithm was tied to twitter and so any time max this is this is back in the day when you used to always move the price of decline if guys report talked about bitcoin the price would go up thats happened again in the past thats happening again yeah well yeah thats true i mean i feel myself max keiser i feel most closely aligned with Toshi Nakamoto spiritually and and just i feel because of my work in the 1990 s. Developing Virtual Currencies so i feel of the feel im channeling so toshi in a way that no one else does and inspire people to buy because in a way no one else does thats why weve created you know hundreds of thousands of millionaires all over the world with you know bitcoin and because the obvious connection to be to individual sovereignty and escape from the nation state and the tyranny of money is obvious and that message
Predictions max for twenty eight hundred for big question first lets call a price everybodys calling price people are up to a million two million some down zero between zero and two Million Dollars for twenty eighteen when do you see what ive been saying i dont really like to give press predictions because it sets up false expectations and gets into the peoples head decide if trading hit this number i want to trade it no i just just hold it keep holding it you know twenty eleven on the show i saw the price prediction was one hundred thousand dollars at some point brooke going simon it was three and so yeah i still think were going to hundred thousand dollars per coin and at that point all kinds of things are going to be changing in the Global Economy banks will be completely really architected to be in the image of the block chain and because the cryptocurrency is jamie diamond will be looking. For a new job Lloyd Blankfein will be you know doing some kind of remedial job somewhere pus
This rate will see this kind of trend continue as well so lets continue on bitcoin because it has a huge impact more than just the price. Weve seen a lot of volatility over the past few months but going into twenty eighteen what do you see the impact will be gold because youve said and others have said that you know this actually could help gold in the long run weve seen a lot of selling off of gold at the black hole of asset grab from other Asset Classes including gold what do you think the impact will be in twenty eighteen on gold the biggest problem with gold is structural cant get out of the locked environment its trapped in because of the derivatives contracts and the naked short selling from those who support the u. S. Dollar versus gold and structurally bitcoin will blow up those structures especially if Patrick Burns new platform zero launches. As were all of the back office settlement activities become redundant and this will open a path for gold to climb higher i think twenty
No i just just hold it keep holding it you know twenty eleven on the show i saw the price prediction was one hundred thousand dollars at some point were going at the time it was three and so yeah i still think were going to hundred thousand dollars per coin and at that point all kinds of things are going to be changing in the Global Economy banks will be completely really architected to be in the image of the block chain and because of crypto currencies jamie diamond will be looking for a new job Lloyd Blankfein will be you know doing some kind of remedial job somewhere pushing a broom you know that really will change pole dancing to the pole dancing at your local strip bar well i will offer a price prediction thats what im going to do so we saw that at the end of twenty seventeen davinci discovered eventually that had been undiscovered for a couple hundred years well it sold to the crown prince of saudi arabia for three bitcoin pete. Remember back in twenty eleven somebody bought two