This tweet a man jumps with a portable nuclear bomb called n s a d m and the 1960 s. This is the green beret with the special atomic demolition munition between his legs exactly the closing scene of dr Strangelove Pickens riding in atomic bomb down to create. Do you. Remember that and then this kind of symphony of a Mushroom Clouds and with the closing credits over some bright music so the special atomic demolition remission that was attached to the green berets back. The notion was basically they would land in the territory they would be airdropped into Enemy Territory and then plant the bomb and blow it off some of these guys who are trained to do this that it was a Suicide Mission because you wouldnt make it out alive so that is also what were seeing from the federal open Market Committee from the e. C. B. From the bank of japan bank of japan by the way is leading the way on this whole sort of kamikaze technique their way ahead of everybody on quantitative easing and expanding their Balance Sheet and heres a for example a test of one of these special atomic demolition munitions called n s w 54 from the wikipedia you can see thats what it looks like when it up thats our Financial System as we head into that rest of this year i totally agree you know guys like steve when you change a poet kuroda over in bank of Japan European Central Bank theyve strapped down the suicide quantitative easing best and theyve. Pull the ripcord and let the fuse and told us make them do it to all time highs in every currency including the u. S. Dollar so thats the fallout from the Suicide Mission called central banking its here its is the 21st century of course after a Nuclear Fallout you have Nuclear Winter so this is what you can expect basically spend going on really since the activists fed of Alan Greenspan thats why you have a Nuclear Winter in much of the economy that the economy is we have zombie banks we have you know the velocity of money is dead thats the signs that we have a Nuclear Winter in the Financial System and the Monetary System so you know that the you know these humongous Big Companies emerging thats part of like the nuclear freak accident of this monetary policies this is the after effect he said to the deformities and the financial and business sector yes speaking of classic films godzilla right this is a monster that was a result of an atomic weapon and so weve got a godzilla weve got multiple godzilla is battling out against martha. And then in the background slim pickens falling to the weapon and tom cruise is running through running for president wow this sounds a great move you know speaking of running for president we are going to be from the next episode youll see some our solutions for a few weeks were going to look at some solutions to these big issues impacting our global economies our Financial System our Monetary System and certainly our geo political system and trade policy around the world were doing this as we do every year but this year is more important because were in an Election Year with these 2 candidates who are clearly not all that great and really up to the challenge of this sort of moment where there is a sea change in the population we have the 4th turning we have a 3 city strap and neither of them really seem all. To the challenge of this moment but were going to rise to the moment were going to give you some amazing content on Summer Solutions over the next few episodes oh yeah well my solution is to reanimate Ronald Reagan just take a d. N. A. Sample and reconstitute the gipper and have him around for 2020 work out well i think. Yeah no thank you. Now id rather if youre going to do that like have somebody like cleopatra run the world and just like take over the world but you know that whole sort of crazy guy like ok thats an insane photo right a man jumps with a portable nuclear bomb thats our Monetary System thats how the people operate our Monetary System the elite this is how the elites run our work Cable News Networks that are supposed to inform the population you look at it and you go wow this is crazy and it cant and well so wherever you look you see that except for the poor and our summer solution specials and i want to turn to this tweet from our president at the moment and that is president real donald trump he says we will finally allow the safe and legal importation of prescription drugs from canada and other countries where the price for the identical drug is incredibly lowered so maximum home why are the prices on the same pharmaceuticals lower in canada right now i dont you know theres a quid pro quo there is that you can bring in the cheaper drugs from canada that means that the stock prices though of the pharmaceutical companies in america are going to have to crash so a lot of people have stock in the pharmaceutical companies and a lot of people need jobs i mean i have to pick i guess trump is figuring that theres more people would vote for him with cheaper drug prices than the people who are making money on the high stock prices and the pharmaceutical industry so its a bit of a vote rigging arbitrage well again remember that we have these portable Nuclear Devices on the back of the people running our economy running our Financial System running our Monetary Policy and our political policy so here we have the same thing is. Why does canada have cheaper prices why does france why does germany why does the u. K. Why does singapore and hong kong because they negotiate prices its called the monopsony theyre the single buyer they say to the pharmaceutical companies we have 100000000. 00 people here were going to thats your market here if you want access to this market you charge 10. 00 not 550. 00 as you charge them and they would say ok trump is just outsourcing his new go he says he loves to negotiate right but he says hes saying our Business Model in america is failed its failed and so nobody can access the Health Care System because the Health Care System as wrong by guys like this who do this on your bill for staying at the at the hotel at the hospital or taking any of their pharmaceuticals so he says well we give up we cant do it i cant negotiate so im going to have Justin Trudeau do it for me. We are right if there was competition or free Market Competition in drugs in america the price would be low thats the beauty of free market capitalism the fact that you dont have free market capitalism for drug prices in america shows you have an entrenched oleg aapl e or monopoly and they gouge its price gouging and hes right to try to dismantle that but without that kind of premium for these drugs for these companies to however i dont see how theyre going to command the multiples they do on the stock market so hes hes got a tesla saying hes either going to take a 50 percent hit on the stock market henris going to lose a lot of people that need the drug so it can its arbitrage i think you figuring there are many millions more that would vote for him with lower drug prices than the people who will lose the vote of the stock market speculators on the pharmaceutical companies however hell still get the pharmaceutical income because they hes not going after their. Predatory practices hes just saying people you know Medicare Medicaid patients and others can go imports and drugs from canada but on the other hand you know it does present a nasdaq like pricing possibility on the pharmaceuticals tesla sells like 500000000. 00 with the cars and theyre worth 300000000000. 00 so perhaps they could say you know were going to electrify these pharmaceuticals you know they could do something to give you this imagination of this huge market in abundance and theyre going to you know transport these pharmaceuticals to mars and venus and who knows like you could see price and multiples increase once they destroy that predatory monopoly pricing i think more to the point was this is now were on the glide path for medicaid and medicare for all yeah i think thats what trump is setting the population up for medicare for all but theres going to be a huge vote winner and i think thats what this whole drug policy from canada is all about well well see there and of course if we ever do. Get to leave our homes if lockdown ever does and it will look very different so when we emerge from Summer Solutions we are going to drive around to go check and see how the world has differed brick and mortar retailers malls mall wreaths and their debts the whole schmear is coming apart theres just no good way out the only thing that is surprising is how long these retailers are malls which have been spiraling down for years were able to hold on because the chart this is a wall street you know index themselves they compose this and thats the biggest and how much theyve collapsed its down 074 percent from their high in 2016 and it looks like thats a disaster who knows by the time we come back from some of solutions there could be a huge bailout for these people. But at the moment theres not well you know markets are kind of smart to have an internal logic they see into the future many would say and we had a guest on our show couple years ago now when Interest Rates went negative and we asked them what does this mean and he said well it could mean deep population could be in the a pandemic coming it could mean a lot of bad things coming to us would make it if Interest Rates were telegraphing and people were not sure where they came from they were curious about it because of a never ever happen in the history of 5000 years of credit never had negative rates before and now we see 2 years later that what it means is pandemic and financial collapse and dollar collapsing and so the markets are already clued in about this like 2 years ago and we reported it to you at the time well that chart was back 2 years so here you have the investors piling in to these mall here they are that some piling in. Heres the after effect of their investment. The Mushroom Cloud of our Financial System right well you know you jump out of an airplane with an atomic weapon strapped fairfax the 1st 8000 feet are no problem its the last time fate that gets in trouble were going to take a break then let me come back much more coming your way. The sudden fullest and illegal takeover of a government by a small group. Rather than revolution result soldiers conduct small group the corporations when you have a tiny group of people who have all the power you have to have some means to make sure that asked of us dont get together and take it back. Loser sacrifice. Places that capitalism exploited and destroyed for profit and left behind misery poverty environmental devastation and so you see things like Voter Suppression building more prisons you seem gerrymandering all sorts of undemocratic practices. In that world are well into the world. Theres no question that there could be a cause. But i think we need to kind of just get back to realizing that modern medicine has achieved some great things but actually when it comes to what has increased our Life Expectancy more than anything else in the last 4 or 5 you know we lost upon 150 years most of these people account for you know modern medicine can be attributes to how do you maybe 3 in office 5 years well i think. Over an increase of 40 years in the last century an ox and thats again something that people who we find quite surprising quite shocking. Welcome back to the kaiser report imax kaiser timed to go to Daniela Cambone and shes a journalist focused on markets and gold long time friend daniela finally on the kaiser report i know its so nice to be on the flipside so be nice oh absolutely but you know week oh is that rely on you on your for your insights in particular and to these gold markets and markets in general now your twitter bio says you are fluent in italian and french and goal you speak those 3 languages well those 3 languages yeah they all paul for all saying that now yes you know if. So do you make of the recent action in gold is just the beginning of the 3rd leg of this big bull market thats gone back to the year 2000 or is it a flash in the pan when you think you know ive been covering this market for over 12 years now after covering it with no excitement. You know its just its been a long time. And. You know i feel different if eells difference to me at this time than 2011 i think the lack of scape it is different were seeing a wider fan base for gold as you know gold has a cult following and people love it no matter what but all of a sudden we have legitimate players really looking at the metal here we have Pension FundsInsurance Companies private wall specialists we have managers who are who are dealing with long term portfolios were trillions of dollars looking at this year old strapped investing landscape now saying hey maybe we should Pay Attention to gold so for wall start to wall street to actually start noticing gold is something new to me i also think that the pandemic has caused a lot of people to have extra time theyre at home theyre reflecting upon life and their finances and theyre looking at this and theyre thinking. Is this sound money whats this works so were having people who never shot a ballgame before all of us started saying maybe maybe that sound money maybe i should get some of that yellow metal for my portfolio so i think thats a different factor right now max you bring up 2 really important points there in terms of Interest Rates and then loss of faith and the paper money in the u. S. Dollars lets talk about Interest Rates 1st for a 2nd because for 20 years 30 years weve been saying Interest Rates continue their slide down and during that time the people who have been critical of gold have still clung to the side bear that wall doesnt pay any interest it doesnt pay any interest i dont get paid to own gold and now are an environment where nobodys getting paid interest to hold Treasury Bonds really theyre not getting interest or hold dollars Interest Rates are at 0 or close to 0 so thats no longer an impediment to own gold its not like youre missing out on any interest because your treasuries arent paying any interest either and as far as confidence in the u. S. Dollar goes it seems that along with the 0 percent Interest Rate because by definition if something is worth nothing then its worth nothing right if dollars dont pay interest of treasuries dont pay interest then by definition theyre not worth anything right because they dont have any time value they have no value whatsoever thats quite obvious if they dont get pay you an interest so that the alarm bell sounded right so its particularly in the big institutional money and pension money theyre saying wait a minute not only might not getting interest but the government doesnt believe this paper money has any value why should i so the government doesnt have any belief it has any value and of course called looks very attractive in that environment so my question is will Interest Rates on the World Reserve currency end up going negative as weve seen in other countries and what is that portend max thats an absolute possible. I dont think thats a far fetched idea at all and look we had Goldman Sachs like this blew my mind came out yesterday saying oh you know why yeah the u. S. Might lose its status as a reserve currency of the world i mean i was surprised that they came out with back up so you know i dont know if you were surprised by that too but i thought that was a major alarm but i think you know going back to you you mentioned a point and people are saying why should i be in gold if i cant make money and whatnot i think people also need to change their psychology about gold i dont necessarily think you need to own gold to make money to make a quick profit you should be owning gold to preserve your wealth you should be owning gold to not lose money. So i think there has to kind of be a paradigm shift where people think like let me buy gold now and i hope it rallies to whatever 5900 it that theres 2 ways to look at this market either as a speculative bet or as a safe haven and certainly gold as operators a safe haven for generations and has spent a preservation of wealth for generations and to the point of Goldman Sachs coming out and saying maybe the u. S. Dollar wont be the World Reserve currency any longer that is a major announcement as major as the economist magazine running a cover story saying free money right so they are also highlighting the fact that money printer go burn the Central Banks are just prin