Tweetcast #7 – Russia, gold and the US dollar

11 Responses to Tweetcast #7 – Russia, gold and the US dollar

1. Marty | March 31, 2009 at 2:04 pm |

   Savers vs Speculators.

   I take it the savers are saving in banks, am I considered a "saver" if I save Gold and Silver, or would you consider me a speculator?

2. Manoj | March 31, 2009 at 2:07 pm |

   Luved the way Max finally spoke about Obama and said the very obvious at least alluded to the rather obvious.Obama is nothing more than a big fraud who serves for the so called "Financial Oligarchs " .His (Obama's) nonsense about building schools for the kids in Afghanistan To build hospitals for the sick in afghanistan is just even more annoying than the bag of lies and worms sold to us by the chennny led government american govt with his minion george bush

3. Palantíri | March 31, 2009 at 4:34 pm |

   I would say yes. I always read/hear that you are a saver if you put money in the bank, but, do you really save or nearly invest the money? In my mind you save if you put the money in your own safe. ok, the inflation kills the paper money in the long run, which is why gold is a good alternative (if the currency you use goes Zimbabwe then it will be useless taking it with you to another country, but gold will always be a currency which holds it purchasing power so you can take it with you to another country and not lose your wealth).
   I would say that when you put your money into the bank you “lend” the bank the money on the banks premises. If you take away the wealth tax and “inflation tax” you don’t get much back in return on that investment. I guess the people that were using Kaupthing bank or Northern Rock and other banks got hit hard in their face that one morning, who would have known! Do you know if your money is safe in your bank? With the knowledge of the scary fractional reserve banking system and as Max Keiser says in the twitter that there is no reserve in the banks anymore, why would you trust the bank with all your money?
   I think you are a saver if you buy gold to keep, if you buy gold in hope that the price goes high so that you can sell with profit than I guess you’re a speculator.
   Anyway, I’m just trying to figure this stuff out myself so any corrections are appreciated.

   Marc Faber says: become your own central bank, have some gold in reserves.

4. bzmoore | March 31, 2009 at 5:07 pm |

   Obama is the last ticket holder in the largest Ponzi scheme in human history. How can he 'Rise up Rise up' if he is surrounded by Nixon/Bush Neocons (or as we said in the old days Running Dog Capitalists)? He should invite Ron Paul to the table, it is the only hope for America.

5. Rates NZ | March 31, 2009 at 9:41 pm |

   Max, you should get on the Real News Network, could be some synergy there!

   http://therealnews.com/t/

6. V. A. | March 31, 2009 at 10:04 pm |

   Hair cut Max! You need a haircut.

7. Mike | March 31, 2009 at 10:53 pm |

   cool that you came out and told the truth about obama.
   how genius are these mofos to get a black guy to lead us to the plantation?
   this is some scary shit.
   Have you guys read The International Institutions and Global Governance Program of The Council on Foreign Relations?
   more scary shit.

8. simon | April 1, 2009 at 7:40 am |

   Obama does what he's told if you know what I mean. Ron Paul will be invited nowhere. ( except for a fema camp)

9. curmudgeon | April 1, 2009 at 10:19 am |

   Stacy, you look bored stiff. Hard to listen to Max in the background whilst looking at you with your head in your hands. However interesting content.

10. Duncan_Idaho | April 2, 2009 at 3:52 pm |

    Historically currencies were either made of commodities, gold, silver, peppercorns, salt, etc, or backed by actual commodities. I see no reason why that system cannot work today with gold, oil, other resources. It would be the end of the “dictatorship of the dollar”, as Hugo Chavez has said,

    http://www.venezuelanalysis.com/news/4344

    The problem is the United Snakes and the Zionist banking elite. Eliminate them and the problem goes away. It’s as simple as that.

    This “crisis” is exactly how the body reacts to an infection or a parasite. The parasites infecting the planet, US and Zionist bankers, have made it very sick. The parasites would have you believe that Feeding them will make you better, but what really needs to happen, as any doctor will confirm, is to KILL the parasite/infection. In this case the antibiotics are gold, oil, food, water, and other commodities.

    Civilization as we know it – or, more accurately, Wish it to be – is on it’s deathbed. It’s us or them.

11. bzmoore | April 3, 2009 at 2:07 pm |

    Duncan your comments are so …….Idaho.
    Anne get your gun, round up those spuds and lets have a range war. 
    Hey I know, you can now use the fallout shelter to store GOLD. I know there’s some in them there creeks and streams.
    Love and peace bro 
    -bz