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And a military uprising in mali sweeps the president from power threatening to plunge the country people into chaos. As the roundup of the headlines here on r. G. P. International the kinds of reporters up next they will. Either this is max kaiser this is the kaiser report Summer Solutions thats right some are solutions now today were covering whether or not gold price moves are signaling an end to the u. S. Dollar with our guest superstar allister macleod of gold money dot com alister welcome thank you for asking me facts all right well alistair 1st of all i might want to say of course max and i are investors and gold money dot com because we love the company and you do a lot of Great Research so were having you on here to discuss some of your research and the solutions to the issues though when you look at gold and you look at the fact that its sort through 2000. 00 do yo ....
Dollar is days are nearing an end and how they determine that in their reports is that. The gold price so do you see those 2. 00 as being related and are they a little bit too doing gloom and that the u. S. Dollar is ending soon the answer to that is yes they are related but i would put it slightly differently from the way Goldman Sachs describes it there was a day earlier in this year when everything changed it was rather like you know the tide stopped going out and started coming in all from how the port if you stop coming in as a going out and that was the 23rd of march between more or less the beginning of the year and the 23rd of march markets sank the s. And p. Lost a 3rd of its value you had gold was just absolutely knocked down i mean certainly the open interest was not down there the price was a lot more resilient than you would have thought and so there were various things that really were hit i mean even cohen sort of wa ....
Resolving economic problems and at that moment the markets switched from being worried about deflation to suddenly thinking the outlook is inflation the s. And p. Took off and we are where we are now gold and silver took off the gold silver ratio collapsed from 120 down to current 70 ought they call and took off oil took off so there was that moment and i think we discussed this in an earlier. Cost with the video with the when go dipped in april because of delivery problems on cemex but apart from that oil also basically took off so did copper dock to copper which tells us that. You know the outlook was considerably improved after the fed turned around and said we will. Print whatever it takes and it was also the day when the dollars trade weighted talked and it hasnt really stopped falling since that so 23rd of march i think is a date we should all put in our diaries that was when the world changed and it is so reebok couple that any idea that for example gold is had a wonderful run t ....
Francisco is preparing for what could be the First National election in the midst of a for struggling businesses. Global pandemic. That program ran out of funding more now from Christien Kafton last week. President trump said he would who says city leaders are sign the bill, which passed the calling for and preparing for senate by a voice vote without all senators being present. Everyone in San Francisco to vote by mail. Reporter americans im glad they seem to have reached some sort of agreement because the need is really traditionally vote for great out there. I hope we will also see some substantial improvements to the program. The house of representatives is not in president the first tuesday in session right now. November in this Election Year is no different. B ....
Nearly 800 new coronavirus deaths are reported in the u. K. But used to just take show the overall toll may be much higher. China approves 2 experimental covert 19 vaccines for hubert human trials. To take you live now to london where the u. K. Government is about to begin its daily Coronavirus Press briefing this is a chance to really suck speaking lets listen director of the n. H. S. And if im doing well medical director at Public Health england earlier today the governments independent fiscal watchdog the office for budget responsibility the o. B. Are published a report into the impact of coronavirus on the economy and public finances it is important to be clear that the o. B. L. Is numbers are not a forecast or a prediction. They simply set out what one possible scenario might look like and it may not even be the most likely scenario but its important that we are honest ....