In this episode, Max Keiser and Stacy Herbert discuss unknown people whose solvency is uncertain operating faster than the speed of light in the "franken-market" and Max Keiser asks, "what if a high frequency trading algo bot shrugged?" In the second half of the show, Max Keiser talks to Sandeep Jaitly of feketeresearch.com about the real Austrian economics of Carl Menger versus the fake Austrian economics of Ludwig von Mises. They also discuss how Ben Bernanke's confusion about what money and how central banks are leading us into a second dark age. Max and Sandeep also highlight the reason why rehypothecation in London is fraud. And, finally, Max hopes Lew Rockwell watches and learns.
Thursday, August 16, 2012
Keiser Report: Frankenmarket
Aug 16, 2012 by RussiaToday
In this episode, Max Keiser and Stacy Herbert discuss unknown people whose solvency is uncertain operating faster than the speed of light in the "franken-market" and Max Keiser asks, "what if a high frequency trading algo bot shrugged?" In the second half of the show, Max Keiser talks to Sandeep Jaitly of feketeresearch.com about the real Austrian economics of Carl Menger versus the fake Austrian economics of Ludwig von Mises. They also discuss how Ben Bernanke's confusion about what money and how central banks are leading us into a second dark age. Max and Sandeep also highlight the reason why rehypothecation in London is fraud. And, finally, Max hopes Lew Rockwell watches and learns.
In this episode, Max Keiser and Stacy Herbert discuss unknown people whose solvency is uncertain operating faster than the speed of light in the "franken-market" and Max Keiser asks, "what if a high frequency trading algo bot shrugged?" In the second half of the show, Max Keiser talks to Sandeep Jaitly of feketeresearch.com about the real Austrian economics of Carl Menger versus the fake Austrian economics of Ludwig von Mises. They also discuss how Ben Bernanke's confusion about what money and how central banks are leading us into a second dark age. Max and Sandeep also highlight the reason why rehypothecation in London is fraud. And, finally, Max hopes Lew Rockwell watches and learns.
UK threatens to 'assault' Ecuador embassy to arrest Assange
Aug 15, 2012 by RussiaToday
British authorities have "warned" Ecuador that they could raid its embassy and arrest Julian Assange if he is not handed over. The Ecuadorian Foreign Minister responded by saying such a move would be a "flagrant violation" of international law - READ MORE: http://on.rt.com/mqy04a
Aug 15, 2012 by TheYoungTurks
British authorities have "warned" Ecuador that they could raid its embassy and arrest Julian Assange if he is not handed over. The Ecuadorian Foreign Minister responded by saying such a move would be a "flagrant violation" of international law - READ MORE: http://on.rt.com/mqy04a
Aug 15, 2012 by TheYoungTurks
41st anniversary of Nixon closing the Gold Window
Today (US time) is the 41st anniversary of Nixon ending the Brenton Woods agreement by the halting convertibility of the US dollar into gold. Interesting to note that the average lifespan of the 3,800 fiat currencies that have been tried is 40 years, so we are 1 year overdue for it all to end in tears.
Some background to the 'closing of the Gold Window':
The President of France Charles De Gaulle fearing a future default by the USA on its gold backed dollars instructed the Banque de France to increase the rate at which new US dollars holdings were converted into gold bullion. De Gaulle sent the French navy across the Atlantic to hand over US dollars and bring back gold bullion in exchange. In 1965 alone, the French navy ferried back over $150 million of gold bullion thereby increasing the proportion of French national reserves held in gold from 71.4% to 91.9%.
Due to inflationary pressures on the US$ as a result of printing to many dollars and foreign borrowings to fund the Indo-China (Vietnam) war on August 15, 1971, President Nixon imposed a 90-day wage and price freeze, a 10 percent import surcharge, and, most importantly, “closed the gold window”, ending convertibility between US dollars and gold.
Nixon announcing to the American people that the US Dollar is no longer 'good as gold':
Some background to the 'closing of the Gold Window':
The President of France Charles De Gaulle fearing a future default by the USA on its gold backed dollars instructed the Banque de France to increase the rate at which new US dollars holdings were converted into gold bullion. De Gaulle sent the French navy across the Atlantic to hand over US dollars and bring back gold bullion in exchange. In 1965 alone, the French navy ferried back over $150 million of gold bullion thereby increasing the proportion of French national reserves held in gold from 71.4% to 91.9%.
Due to inflationary pressures on the US$ as a result of printing to many dollars and foreign borrowings to fund the Indo-China (Vietnam) war on August 15, 1971, President Nixon imposed a 90-day wage and price freeze, a 10 percent import surcharge, and, most importantly, “closed the gold window”, ending convertibility between US dollars and gold.
Nixon announcing to the American people that the US Dollar is no longer 'good as gold':
For some light relief, from 2011, Dr. Ron Paul and some struggling paper bug:
Alex Jones and Webster Tarpley - Global Financial Collapse is Coming
Aug 15, 2012 by TheAlexJonesChannel
Something really strange appears to be happening. All over the globe, governments and big banks are acting as if they are anticipating an imminent financial collapse.
Something really strange appears to be happening. All over the globe, governments and big banks are acting as if they are anticipating an imminent financial collapse.
Alchemy proven to work!
A good friend of mine has managed to acheive something man has been
searching for since the dawn of time - turning base metals into precious
metals. His most recent alchemy recycling exercise resulted in 4oz of silver!
623kg Steel @ $0.14 which totaled $87.20
44kg Al cans @ $0.70 which totaled $30.80
So at those rates 46kg of (Al)cans = 1 Ag oz, and 687kg steel (Fe) = 3 Ag oz.
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