Friday, August 12, 2011

Weekend Chillout

With global markets in turmoil this week, it seems Gold is the eye of the storm where everyone has rushed to for shelter. With that in mind what else could this weekend's chillout have been........

Keiser Report: Reverse Nixon Golden Dream

by on Aug 11, 2011 This week Max Keiser and co-host, Stacy Herbert, imagine a world in which U.S. President Barack Obama were to pull a reverse Richard Nixon and put the U.S. back onto a gold standard against which it could devalue its debts. In the second half of the show Max talks to money manager, author and radio show host, Peter Schiff, about debt ceilings, downgrades and gold standards.

Max Keiser: WW3 is on as Wall St. banks plunder economy

by on Aug 11, 2011

The loss of America's AAA credit score has sparked panicked sell-offs on global markets. After several days of concern over whether France would retain its highest status, ratings giants reaffirmed its top billing on Wednesday. But investors remain unconvinced the country's finances are solid enough. Problems in the Eurozone will be up for discussion by the French and German leaders next week.