Comments on: [1027] The Truth About Markets – 25 April 2009 http://maxkeiser.com/2009/04/25/1027-the-truth-about-markets-25-april-2009/ Financial War Reports Mon, 13 Feb 2012 10:58:59 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: rasmus http://maxkeiser.com/2009/04/25/1027-the-truth-about-markets-25-april-2009/#comment-2024 rasmus Tue, 28 Apr 2009 22:33:21 +0000 http://maxkeiser.com/?p=910#comment-2024 I hope you will continue the podcast I hope you will continue the podcast

]]> By: bzmoore http://maxkeiser.com/2009/04/25/1027-the-truth-about-markets-25-april-2009/#comment-2020 bzmoore Tue, 28 Apr 2009 20:45:13 +0000 http://maxkeiser.com/?p=910#comment-2020 If China accumulated gold x2 then someone would have to have been selling or else the price would have gone thru the roof.  Max even you couldn't have caused this to happen in two months. It must have been Jim Rogers or Marc Faber moving to Asia more than a year ago. Or maybe with one billion people they have more than a few smart people.  If China accumulated gold x2 then someone would have to have been selling or else the price would have gone thru the roof.  Max even you couldn’t have caused this to happen in two months. It must have been Jim Rogers or Marc Faber moving to Asia more than a year ago. Or maybe with one billion people they have more than a few smart people. 

]]> By: bzmoore http://maxkeiser.com/2009/04/25/1027-the-truth-about-markets-25-april-2009/#comment-2019 bzmoore Tue, 28 Apr 2009 20:17:37 +0000 http://maxkeiser.com/?p=910#comment-2019 Stacy said: “It's called Real Security, the Network is more powerful than the Pyramid”. i.e. Different societies: Anglo-Saxon zero sum loss versus French network gain. Stacy said: “It’s called Real Security, the Network is more powerful than the Pyramid”. i.e. Different societies: Anglo-Saxon zero sum loss versus French network gain.

]]> By: ItalicBold http://maxkeiser.com/2009/04/25/1027-the-truth-about-markets-25-april-2009/#comment-2017 ItalicBold Tue, 28 Apr 2009 19:21:05 +0000 http://maxkeiser.com/?p=910#comment-2017 Perhaps the gordon brown bottom in gold should have been known as the 'Brown Put'! Perhaps the gordon brown bottom in gold should have been known as the ‘Brown Put’!

]]> By: jacek http://maxkeiser.com/2009/04/25/1027-the-truth-about-markets-25-april-2009/#comment-1954 jacek Mon, 27 Apr 2009 20:44:38 +0000 http://maxkeiser.com/?p=910#comment-1954 France has its debt at 70% of GDP and rising. French want everything from their government for free. France is bankcrupt as well as  UK. When US truckers protested that governmnt was limiting their driving hours (they wanted to work more), at the same time French truckers were protesting that they want government to limit their time of work (they wanted to work less) France has its debt at 70% of GDP and rising. French want everything from their government for free. France is bankcrupt as well as  UK. When US truckers protested that governmnt was limiting their driving hours (they wanted to work more), at the same time French truckers were protesting that they want government to limit their time of work (they wanted to work less)

]]> By: Giuseppe Bagodonutti http://maxkeiser.com/2009/04/25/1027-the-truth-about-markets-25-april-2009/#comment-1891 Giuseppe Bagodonutti Sun, 26 Apr 2009 21:03:57 +0000 http://maxkeiser.com/?p=910#comment-1891 There's nothing like waking up on a Sunday morning, brewing a pot of coffee, and rolling some joints, to Sit Down and Rise Up to The Truth About Markets... If people want to make a difference, would it not be wise to use the tools that the "oligarchs" use?? Max has taught the people how to use the rigged markets, and coupled with some basic investment knowledge, and some dedication to doing "homework", one has great potential to benefit -- at least in the short term. After all, this system is mostly "mass-psychology". You have to learn to "filter" the "mass-media", though... My thought is, if everyone learned to work the market, then "pools" could be created (ala Karmabanque) to start using "econo-guerilla warfare" to affect the financial "hologram" for the greater good of all... But how much money is required for an "econo-guerilla" pool to actually affect a stock? And what about the MARKET MAKERS, (there are over 100 of them in the Canadian Markets)??? If they are allowed to "naked short" the stocks they are assigned to, how can we (i.e. the little people) go against them without a Margin account??? I seem to recall that someone was referring to a $1Billion pool for the Karmabanque attacks, but what is the BASE requirement for an "econo-arsenal"? It seems to me that even $100k can really nail some stocks (at least around the $5/shr range)... I imagine to attack a COCA-COLA or MONSANTO you'd need the $1Billion... or one helluva Margin account... Hey Max, can you teach us more about Stock-Market warfare, from a more objective angle ? And how we can use it at the grass-roots level to "RISE-UP" ? (hypothetically speaking of course.... ;D  ) Or would that entail "racketeering"? remember "Silent Weapons for Quiet Wars"... And speaking of gold, the general consensus seems to be that it is going to remain pegged at $900 +/-$50... So I'd like to know WHAT is going to affect its price other than this  Geo-Ubiquitous injection of digital dollars? China's Supply and Demand??? What about Palladium and Platinum??? The Chinese Copper rumour seems to have only created a "speed-bump" in its price... If bankers can control the price of gold, what reason do they have to let its price go up??? Are they not "banking" on the general populace to buy gold? Or are they holding onto that card for when the "fit hits the shan" ??? If you think the Chinese Food in Paris is suspect, you should check out the Italian Chinese Food joints !!!! Spaghetti is no replacement for proper Shanghai Noodles... And Stacy, if you're looking for some good "forum" software, may I recommend phpBB. http://www.phpbb.com/about/ It seems to be quite popular amongst the forums I've participated in (apparently easier to manage) Today's secret word is DETRITUS http://dictionary.reference.com/browse/detritus There’s nothing like waking up on a Sunday morning,
brewing a pot of coffee,
and rolling some joints,
to Sit Down and Rise Up to
The Truth About Markets…

If people want to make a difference, would it not be wise to use the tools that the “oligarchs” use??

Max has taught the people how to use the rigged markets, and coupled with some basic investment knowledge, and some dedication to doing “homework”, one has great potential to benefit — at least in the short term.
After all, this system is mostly “mass-psychology”.
You have to learn to “filter” the “mass-media”, though…

My thought is, if everyone learned to work the market, then “pools” could be created (ala Karmabanque) to start using “econo-guerilla warfare” to affect the financial “hologram” for the greater good of all…

But how much money is required for an “econo-guerilla” pool to actually affect a stock?

And what about the MARKET MAKERS, (there are over 100 of them in the Canadian Markets)???
If they are allowed to “naked short” the stocks they are assigned to, how can we (i.e. the little people) go against them without a Margin account???

I seem to recall that someone was referring to a $1Billion pool for the Karmabanque attacks, but what is the BASE requirement for an “econo-arsenal”?

It seems to me that even $100k can really nail some stocks (at least around the $5/shr range)…

I imagine to attack a COCA-COLA or MONSANTO you’d need the $1Billion… or one helluva Margin account…

Hey Max, can you teach us more about Stock-Market warfare, from a more objective angle ?
And how we can use it at the grass-roots level to “RISE-UP” ?
(hypothetically speaking of course…. ;D  )
Or would that entail “racketeering”?

remember “Silent Weapons for Quiet Wars”…

And speaking of gold, the general consensus seems to be that it is going to remain pegged at $900 +/-$50…
So I’d like to know WHAT is going to affect its price other than this  Geo-Ubiquitous injection of digital dollars?
China’s Supply and Demand???
What about Palladium and Platinum???
The Chinese Copper rumour seems to have only created a “speed-bump” in its price…

If bankers can control the price of gold, what reason do they have to let its price go up???
Are they not “banking” on the general populace to buy gold?
Or are they holding onto that card for when the “fit hits the shan” ???

If you think the Chinese Food in Paris is suspect, you should check out the Italian Chinese Food joints !!!!
Spaghetti is no replacement for proper Shanghai Noodles…

And Stacy, if you’re looking for some good “forum” software, may I recommend phpBB.

http://www.phpbb.com/about/

It seems to be quite popular amongst the forums I’ve participated in (apparently easier to manage)

Today’s secret word is
DETRITUS
http://dictionary.reference.com/browse/detritus

]]> By: Michael Le Couteur, MSCD ret'd http://maxkeiser.com/2009/04/25/1027-the-truth-about-markets-25-april-2009/#comment-1881 Michael Le Couteur, MSCD ret'd Sun, 26 Apr 2009 19:29:16 +0000 http://maxkeiser.com/?p=910#comment-1881 I love the water, air and food time comparisons.  Living in Canada affords lots of places to go once the sheep lose their minds.  I love the BC wilderness.  And I love the cold (born northern Quebec).  I agree the need for things other than western comforts will be the "new currency."  You cannot eat an I Pod.  Heirloom seeds, old world living books, self-defence, shelter, food, are just some of the things required IMHO.  As for gold, I have it as a security for later.  If reqiured, I would use it to acquire other items for survival.   If there is anyone who HAS NOT seen "Alone in the Wilderness" with Dick Proenneke, they should make an effort to do so.  It is dated but a very good video to watch.  If a sixty plus guy can do it,  I would like to hope a good percentage of us can.     Is it too much to ask to have clean water, some nice land and security?  The only problem I can see is how in the hell am I going to get M & S in the middle of the bush.  No "Fred Flintstone Cable Company" yet.  Guess I will have to work on that on.  Good luck to all. I love the water, air and food time comparisons.  Living in Canada affords lots of places to go once the sheep lose their minds.  I love the BC wilderness.  And I love the cold (born northern Quebec).  I agree the need for things other than western comforts will be the “new currency.”  You cannot eat an I Pod.  Heirloom seeds, old world living books, self-defence, shelter, food, are just some of the things required IMHO.  As for gold, I have it as a security for later.  If reqiured, I would use it to acquire other items for survival.   If there is anyone who HAS NOT seen ”Alone in the Wilderness” with Dick Proenneke, they should make an effort to do so.  It is dated but a very good video to watch.  If a sixty plus guy can do it,  I would like to hope a good percentage of us can.     Is it too much to ask to have clean water, some nice land and security?  The only problem I can see is how in the hell am I going to get M & S in the middle of the bush.  No “Fred Flintstone Cable Company” yet.  Guess I will have to work on that on.  Good luck to all.

]]> By: Photoception http://maxkeiser.com/2009/04/25/1027-the-truth-about-markets-25-april-2009/#comment-1849 Photoception Sun, 26 Apr 2009 13:18:11 +0000 http://maxkeiser.com/?p=910#comment-1849 I love the idea of raising interest rates on huge sums of money and lowering them for common people. But Bernanke would disagree. Thats all they need to do to eliminate these revolving debt, leveraged buyout, Bear Stearns Northern Rock holograms. I love the idea of raising interest rates on huge sums of money and lowering them for common people. But Bernanke would disagree. Thats all they need to do to eliminate these revolving debt, leveraged buyout, Bear Stearns Northern Rock holograms.

]]> By: AJFA http://maxkeiser.com/2009/04/25/1027-the-truth-about-markets-25-april-2009/#comment-1848 AJFA Sun, 26 Apr 2009 12:53:06 +0000 http://maxkeiser.com/?p=910#comment-1848 Max and Stacy; This is in connection to your comments about the "privatized prison systems" ; *** <strong>Guilty of Being Poor</strong> Welcome to the debtors’ prisons of the 21st century. “Edwina Nowlin, a poor Michigan resident, was ordered to reimburse a juvenile detention center $104 a month for holding her 16-year-old son,” the <em>New York Times</em> wrote in an editorial. “When she explained to the court that she could not afford to pay, Ms. Nowlin was sent to prison. The American Civil Liberties Union of Michigan, which helped get her out last week after she spent 28 days behind bars, says it is seeing more people being sent to jail because they cannot make various court-ordered payments. That is both barbaric and unconstitutional.”   Despite her inability to pay, she was held in contempt of court and ordered to serve a 30-day sentence. On March 6, three days after she was incarcerated, she was released for one day to work. She also picked up her paycheck, in the amount of $178.53. This, she thought, could be used to pay the $104, and she would be released from jail. But when she got back to the jail, the sheriff told her to sign her check over to the county — to pay $120 for <em>her own</em> room and board, and $22 for a drug test and booking fee. Even more absurd, Nowlin requested but was denied a court-appointed lawyer. So because she was too poor to afford a lawyer and denied her constitutional right to have the court provide one for her, she couldn’t fight the contempt charge that stemmed from her poverty. And her contempt conviction only added to her poverty, as the fines and fees she was obligated to pay now multiplied. “Like many people in these desperate economic times, Ms. Nowlin was laid off from work, lost her home and is destitute,” said Michael Steinberg, legal director of the Michigan ACLU. “Jailing her because of her poverty is not only unconstitutional, it’s unconscionable and a shameful waste of resources. It is not a crime to be poor in this country, and the government must stop resurrecting debtor’s prisons from the dustbin of history.”   http://dissidentvoice.org/2009/04/guilty-of-being-poor/     Max and Stacy;

This is in connection to your comments about the “privatized prison systems” ;

***

Guilty of Being Poor

Welcome to the debtors’ prisons of the 21st century.
“Edwina Nowlin, a poor Michigan resident, was ordered to reimburse a juvenile detention center $104 a month for holding her 16-year-old son,” the New York Times wrote in an editorial.
“When she explained to the court that she could not afford to pay, Ms. Nowlin was sent to prison. The American Civil Liberties Union of Michigan, which helped get her out last week after she spent 28 days behind bars, says it is seeing more people being sent to jail because they cannot make various court-ordered payments. That is both barbaric and unconstitutional.”

 

Despite her inability to pay, she was held in contempt of court and ordered to serve a 30-day sentence. On March 6, three days after she was incarcerated, she was released for one day to work. She also picked up her paycheck, in the amount of $178.53. This, she thought, could be used to pay the $104, and she would be released from jail.
But when she got back to the jail, the sheriff told her to sign her check over to the county — to pay $120 for her own room and board, and $22 for a drug test and booking fee.
Even more absurd, Nowlin requested but was denied a court-appointed lawyer. So because she was too poor to afford a lawyer and denied her constitutional right to have the court provide one for her, she couldn’t fight the contempt charge that stemmed from her poverty. And her contempt conviction only added to her poverty, as the fines and fees she was obligated to pay now multiplied.
“Like many people in these desperate economic times, Ms. Nowlin was laid off from work, lost her home and is destitute,” said Michael Steinberg, legal director of the Michigan ACLU. “Jailing her because of her poverty is not only unconstitutional, it’s unconscionable and a shameful waste of resources. It is not a crime to be poor in this country, and the government must stop resurrecting debtor’s prisons from the dustbin of history.”

 
http://dissidentvoice.org/2009/04/guilty-of-being-poor/
 
 

]]> By: Dom http://maxkeiser.com/2009/04/25/1027-the-truth-about-markets-25-april-2009/#comment-1845 Dom Sun, 26 Apr 2009 12:32:40 +0000 http://maxkeiser.com/?p=910#comment-1845 Very interesting. Just wondering if you have cash and inflation goes up, don't interest rates follow soon after. Therefore, you earn more interest? I guess you do lose half of that as income tax on earnings. Do earnings on gold incur capital gains tax? Ah, they'll get ya anywhere you turn, Ha! Very interesting.
Just wondering if you have cash and inflation goes up, don’t interest rates follow soon after. Therefore, you earn more interest? I guess you do lose half of that as income tax on earnings. Do earnings on gold incur capital gains tax?
Ah, they’ll get ya anywhere you turn, Ha!

]]> By: sharon http://maxkeiser.com/2009/04/25/1027-the-truth-about-markets-25-april-2009/#comment-1844 sharon Sun, 26 Apr 2009 11:27:46 +0000 http://maxkeiser.com/?p=910#comment-1844 Very good program. However, I was somewhat confused when you said that France are good at revolutions. They may well be, but don't forget that the men behind the curtain were well behind the French revolution; the instigated it. This then makes me wonder how much control France has over its own destiny. Clearly the men behind the curtain pulled the strings back then and I don't believe they then gave up or lost their influence. So where does this leave France? Very good program. However, I was somewhat confused when you said that France are good at revolutions. They may well be, but don’t forget that the men behind the curtain were well behind the French revolution; the instigated it. This then makes me wonder how much control France has over its own destiny. Clearly the men behind the curtain pulled the strings back then and I don’t believe they then gave up or lost their influence. So where does this leave France?

]]> By: Mr Supergeek http://maxkeiser.com/2009/04/25/1027-the-truth-about-markets-25-april-2009/#comment-1842 Mr Supergeek Sun, 26 Apr 2009 10:26:40 +0000 http://maxkeiser.com/?p=910#comment-1842 One thing is obvious if you live in london the number of french/europeans people moving to the uk has increased every year with the biggest jump in the last three years. The same reasons being cited by the french today are the same as say back in 1960 racism, as well as reasons such as france being introspective, cliquey and generally stuck in a rut. Also the large increase of anti semetic attacks on jews and jewish property has led to an increase in jews emigrating to israel (somehow feeling  safer in a country at war).  It's fair to say that from about 1995 the dissillusionment felt by frances immigrant population and the racially tolerant younger generation has been added to by the the young professionals who feel the country isn't able to serve people with ambition or a desire for higher wages. I also noted with intrest the fact pointed out on france24 unions seem to be almost non existent in france compared to the rest of europe, The romantic ideals a lot of americans and europeans felt about the french rebellious spirit may have held true for a  brief period in the 60's but judging by the sheer volume of young french 'hep cats' in london times have changed and france is feeling 'the fear' more than most countrys.  I think Max and Stacy summed up the problem really well fear/obsession with money and food to the point where you feel fat and scared to spend any money can't be much fun.  There a lot of things wrong with the uk but we do know how to enjoy ourselves. So for the average young french or european  I imagine the prospect of being able to live in london in a racially mixed open relationship and joining in one of the biggest  multi cultural party scenes in europe must be hard to resist. One thing is obvious if you live in london the number of french/europeans people moving to the uk has increased every year with the biggest jump in the last three years.
The same reasons being cited by the french today are the same as say back in 1960 racism, as well as reasons such as france being introspective, cliquey and generally stuck in a rut. Also the large increase of anti semetic attacks on jews and jewish property has led to an increase in jews emigrating to israel (somehow feeling  safer in a country at war).  It’s fair to say that from about 1995 the dissillusionment felt by frances immigrant population and the racially tolerant younger generation has been added to by the the young professionals who feel the country isn’t able to serve people with ambition or a desire for higher wages. I also noted with intrest the fact pointed out on france24 unions seem to be almost non existent in france compared to the rest of europe,
The romantic ideals a lot of americans and europeans felt about the french rebellious spirit may have held true for a  brief period in the 60′s but judging by the sheer volume of young french ‘hep cats’ in london times have changed and france is feeling ‘the fear’ more than most countrys.  I think Max and Stacy summed up the problem really well fear/obsession with money and food to the point where you feel fat and scared to spend any money can’t be much fun.  There a lot of things wrong with the uk but we do know how to enjoy ourselves. So for the average young french or european  I imagine the prospect of being able to live in london in a racially mixed open relationship and joining in one of the biggest  multi cultural party scenes in europe must be hard to resist.

]]> By: wolfgang http://maxkeiser.com/2009/04/25/1027-the-truth-about-markets-25-april-2009/#comment-1841 wolfgang Sun, 26 Apr 2009 10:02:07 +0000 http://maxkeiser.com/?p=910#comment-1841 yeah, i've been begining to think for a while now of earth and specifically the human culture on it as just this pool of dynamic slush in which competing narratives, explicit or implicit, compete for pull, tending the direction in one way or another...was nice to hear some sort of socialogical analysis from you two, the academic sphere being kinda dry from where i'm sitting at the moment.... yeah, i’ve been begining to think for a while now of earth and specifically the human culture on it as just this pool of dynamic slush in which competing narratives, explicit or implicit, compete for pull, tending the direction in one way or another…was nice to hear some sort of socialogical analysis from you two, the academic sphere being kinda dry from where i’m sitting at the moment….

]]> By: Phil http://maxkeiser.com/2009/04/25/1027-the-truth-about-markets-25-april-2009/#comment-1840 Phil Sun, 26 Apr 2009 09:58:09 +0000 http://maxkeiser.com/?p=910#comment-1840 Nice chat .. Thx. Glad you mentioned Tony Blair .. I dislike him to say the least. You may also have noticed that ex-Chancellor Schroeder now works for a GazProm subsidiary ...since leaving politics. No questions raised ? .. considering the number of Germans that are now complaining about high gas prices after being suckered in to change from oil .   Nice chat .. Thx.

Glad you mentioned Tony Blair .. I dislike him to say the least.
You may also have noticed that ex-Chancellor Schroeder now works for a GazProm subsidiary …since leaving politics.

No questions raised ? .. considering the number of Germans that are now complaining about high gas prices after being suckered in to change from oil .
 

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