A great market. Do room said it is mad that the dow passed 30000. 00 and current circumstances. I said no equity prices reflect future, not past 2021 will be a great rebound. Im optimistic. U. K. Stocks, especially under price. So engine yell like everybody else. What people are expected to do with the participants and economy are expected to do through fed speak through the fed manipulate in prices, is that theyre supposed to think that these are the animal spirits. The fed tries to incur, well responded. Actually, stocks are mostly being driven by global q e, quantitative easing, which really has one major purpose, which is to raise asset prices. Weve been talking about this for a while day by far is one of the central bankers who speaks openly and honestly about whats going on here. So who governs business along over there in the u. K. . Doesnt want to recognize that stock prices are a function of money printing. In fact, how much our stock price is a function of money for entering.
Between 12. 00 and 18000000000. 00. Hes saying his liquid portfolio, which is probably a lot less than that. So hes put 10 percent of his portfolio in there and the rest, the other 90 percent. He says he hasnt gold and silver miners, all the dominoes are fine for now we, weve pitched ricardo him because actually when we visited with his dad hugo in 2012, when we were traveling down to athens in greece to try to get the country to get out of their financial problems using a silver standard. I was adamantly pitching hugo about because i mentioned it to his dad. We mentioned to his dad again and 2015 when we did the interview and he mentioned the big coin standard safety of a most is book. And of course we were the ones who told safety and most about because it is right there. You know, we pitch them out because we knew it was in the 100. 00 or so and initially like ray deleo, he scoffed at it like even Michael Saylor micro strategy. Initially. They scoff at it, but then they take, you ta
Extremely important. People with the nature of the vaccine is coming up next. Stay with us. I am max kaiser. This is the kaiser report. Wow. So much to get to lets get to it with the stakes. Well, max, you know the last episode we were mocking ray dahlia. Oh, hes the, i guess he looks over the Biggest Hedge Fund in the world, bridgewater associates, of connecticut. And he was just saying, bitcoin, well, now they have financed raid alya says he might be missing something about bitcoin. This is the learning curve of bitcoin. People dismiss it and then they notice the people around them getting rich, like in this case, Paul Tudor Jones, whos also in connecticut stand up and druckenmiller, who was hugely Successful Hedge Fund guy. And they have to put away their biases and they have to take another look at it. And then once you really like it, because i like great value now is doing for the very 1st time. It really distressed about a fan for years without actually looking at it. And once y
Not past 2021 will be a great rebound. Im optimistic, u. K. Stocks, especially under price. So anthony l. Like everybody else, what people are expected to do with the participants in an economy are expected to do through fed speak through the fed manipulate in prices, is that theyre supposed to think like that these are the animal spirits. The fed tries to incur, well responded actually stocks are mostly being driven by, global q. E. , quantitative easing, which really has one major purpose, which is to raise asset prices. Yeah, weve been talking about this for a while. David blanchflower is one of the central bankers who speaks openly and honestly about whats going on here. So whos covers business a lot over there in the u. K. Doesnt want to recognize that stock prices are a function of money printing. In fact, how much our stock price is a function of money fronting, according to recent analysis about 50 percent of the dow jones is attributable solely to money printing not from earni
I am max kaiser, this is the kaiser a 4. Remember the golden rule of bet calling you dont change bitcoin. Bickley changes you face. Max keiser guess what citibank is now doing new math on big coin here to the moon. I put my feet up like that because i do want to know that there were some comments in our orange pill espanol group. Read max scene, maybe s. And l. Set is max without socks on the sets. And i could tell he for sure, i see bare feet here. Thats another on substantiated conspiracy theory. Of course i would be wearing socks. You need socks to get to the moon. You need to wear moon boots for sure. Then moon bits are a requirement, and a lot of other stuff is dated as the whole story unfolds. I cant believe what citibank is saying, because citibank has become actually even more aggressive on the price than john mcafee. And john mcafee was always like crazy beyond the pale price predictions. And now citibank has kind of taken the price prediction crown. But i think that were goin