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
Highs. Coming up a busy news day, and a series of big interviews as well. The ceo of gap, jonah snngal, her first interview since taking the job in march talking about the post covid lavin escape and the partnership with kanye west. Plus we have patrick frisk with his partnership with steph curry. We will discuss the fierce competent anything footwear. And salesforces deal to buy slack is expected to be announced today after the bell we should get those details. And sales details also out after the close. Looking forward to that. Slack up a little bit today. Lets get to the Market Action mike santoli is tracking it. As stocks moving higher but off the highs of the session. For three weeks they have been mostly sideways around the recent highs right now we are a little less than 1 above the intraday high from november 9th. Est that was the day the election was called. Then you had the vaccine from pfizer that was right in here intraday high. At a record. 67 above the march 23rd low righ
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
Degree and the gold bullion banks on the Central Banks they play around with Interest Rates and they owe is get that 3 or 4 percent move up in gold which they then scalp on an almost daily basis they come in and they dump huge sort shelves or 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 compare 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 interested in 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 will skyrocket and number 2 theyre ready for a change and the government there is not the levering the change that the people want so the way to passively resist against the government is to own gold or to own bitcoin so. Own g
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