Q – how come in all the Max videos when the interviewer asks a question there appears to be a lag or a long pause before Max answers the question. Is this a technological lag in transmitting the information to Max or does Max pause and consider before answering? Just curious.
In the FT yesterday there was a report saying that China backed the US dollar as the world reserve currency, i dont understand why are they saying this? for a while now everybody has been saying the US dollar losing its status as the world reserve ccy?
this is from the FT on 1st June – the title is US dollar backed as reserve currency
“In the short term I don’t think we can find another currency to replace the US dollar,” said Guo Shuqing, chairman of China Construction Bank and former head of the country’s foreign exchange administrator. “The US dollar is the main currency because their economy is number one in terms of competitiveness, in terms of innovation.”
@Andrew … “Max, what is your take on silver giving its current up-trend… vs. gold?
The common concensus for T/A is a cup & handle with upside to 20$ before EOY. Fundementals speak for this as well IMO.
Downside is of course Govt. manipulation .. AFAIK certain big WS banks still have big silver short positions.
And we all know what happened to the Hunt brothers when JPM (IIRC) had a similar short position then !
Max …. disagree if you will !
Max …. say something !
@Andrew … “Max, what is your take on silver giving its current up-trend… vs. gold?
Aha … versus Gold …. just noticed !
The US Weights and Measures office decided that the Gold:Silver price ratio should be 15:1 way back 9101 or circa.
The ratio has pretty much kept to 15:1 until recently.
I “think” the current ratio is around 80:1.
So either Silver has to go up or Gold has to go down to make the 15:1 ratio again .. if that even has to be the case these days that is !
@Phil
Thanks. Exactly what I was driving at… Also, China seems to be hoarding many commodities and silver is a major one for industrial use and if you couple that with it being a precious metal then….. LOOK OUT!
Silver is said to be undervalued more than gold, in Holland it is not tax exempted which s*cks..
I ordered silver at the Perth Mint on march 23th. Just got notification it will arrive in the next week..
Their contract conditions..
‘The Perth Mint will endeavour to dispatch 7 working days after receipt of payment in full. In the event of high market demand, delivery delays could occur for a period up to 3 months. The Perth Mint will not be liable for any claims associated with late deliveries.’
1. Obama to announce bank holiday as bailout stimulus turns to sh*t.
2. Pre empting national civilian unrest, US goverment rips up the 2nd amendment and confiscates all guns in private ownership( temporarally).
As there is no gold left in FortKnox, the site is chosen as an ideal secure depository for the guns.
(Guns maybe sold to highest bidder at any point in the future)
PM Harper (that Lesbian Cowboy) wants to ditch Canada’s 20% stake in GM “ASAP”
After all,
Frank Stronach of Magna wants to start production of ELECTRIC CARS in CANADA
he already signed a deal with some Korean Lithium Ion battery producer to make the cells…
Look out Yankees…
Gasoline’s death knell is resounding !!!
Kiss your Hummers goodbye (except for the fellatio variety)
Put your money in BJs… the Bollinger Bands and MACD are SCREAMING “BUY”!!!
80% of the tasers tested by the RCMP (Royal Canuck Mounted Popo)
are FAULTY
they don’t work…
Taser International (or whatever the fuck they are called)
disputed the results claiming “Bad tests, no good, unga bunga”
the problem?
The tasers aren’t issuing enough JUICE!!!!
that’s right,
they aren’t LETHAL ENOUGH
Geeez…you kill one Polacco in Vancouver (plus others),
and you’d think it’d get the OK stamp…
nope
…
The Global Perception is in Zombie Mode…
BRAINS
MUST EAT MORE BRAINS!!!!
Are we not simply in a counter-trend rally? In which case we would expect many of the old bull trends to be revisited (think summer 2008: weak USD/strong EUR, spiking oil prices etc.). What about the Eastern European debt bomb that has yet to implode? Why would it be any different this time?
It seems to me that in today’s fiat system, strength is a sign of weakness. Precisely because the US is the “weakest link,” we should expect a strong USD (Cf. short squeeze) to confirm its underlying weakness? After all, isn’t a weak USD precisely what policy makers are aiming for, in order to “encourage” spending and investment, and a return to the happy days of the Casino Gulag State?
Robert Maxwell and Bernie Madoff. In australia we have our own version of these two corporate crooks, his name is Alan Bond former head of ‘Bell Resources Group’ Western Australia , quote from wikipedia entry about Alan Bond..’a notorious Australian criminal famous for high-profile business ventures, including what was at the time the biggest corporate collapse in Australian history ” ‘Bondy’ as he is affectionately know here by most people who live here was sentenced to 7 years for 1.2 billion dollar fraud . We have a University named after him called ‘Bond University ‘in Queensland whose motto is ‘ Bringing Ambition to Life ‘ it is mainly a University that deals with Economics and Business related studies. according to wiki entry it gets ‘ top marks ‘ Perhaps, England and America should consider doing the same follow our example and name a University after either Maxwell or Bernie ?……. who wouldn’t want that ? sounds like fun…..
I think you have nailed it. It won’t be gold or silver…
Maybe the next new currency will be guns and ammo, Ha!
Go figure the denominations by yourself.
I am not sure that this lady listened to Max’s answers. He just finished saying that the US is finished, then she asked him if he thought Europe would recover quicker than the US.
Maybe she was just in awe!!!
Am I the only one thinking that there will eventually surface details surrounding the Air France crash in the atlantic that shows that USA just got rid of something they don’t like. Be it something in cargo or an individual. Everything that happens now should be put in light of what USA wants, they are manipulating whatever they can at any price, at least that is my impression of the situation considering what they did to Iraq and of course the 9/11 incident(s).
Can anybody explain the goldchart (kitco.com) for me today. Everytime there is a really really sharp upwards trend it is cut as sharply as it rose. Is this something normal or just usual business?
You can now see your entry in relation to the actual prices in a graph of todays qoutes.. page needs to be open to capture kitco data.. Might still have bugs..
I am still baffled by the precision the financial system is getting demolished. I am not as educated as those in the business, I would put myself in the category of an average joe with some knowledge of how the world works. Still I find it amazing that the countries have let the system fail with so much intervention.
This leads me to the question of who is involved in the system collapse because this has got to be engineered. And how wide spread is the controll of the demolition. I mean, which polititians are involved in taking delibirate actions to worsen the situation. I can make a few guesses because to me this is so obvious. And another thing that amazes me that the few that see this are being categorized as dooms day profets or pessimistic individuals, instead of people waking up and acknowledging the deceit.
My take FWIW…
Govts. and Central Banks now work as a destructive symbiosis .
The Govt. likes to be able to spend to make themselevs popular while disguising the inflationary effect on the country’s Economies they’re supposed to look after ( indirect and hidden taxation ).
IIRC, between 2004 and 2007, ca. 33% of US corporate profits came from the banking sector. A sector which “produces” effectively nothing but Debt IMO.
Now that we ( countries ) have all this debt , there is a real risk IMO of further Sovereign Defaults like Iceland , Argentina, Zimbabwe etc. etc.
I mentioned earlier that – according to my calculations – “real inflation” has been a constant 9.1% per year since ca. 25 years ( 1971 ). But the Govt. keeps on telling us it’s only 2-3% , while our money is slowly, secretly but surely becoming worthless.
There comes a “Point of No Return” when it comes to servicing Debt.
Most major WW economies are already there IMO !
And that is why our “situation” is new … at least since ca. 100 yrs.
…. “The Greatest Shortcoming of the Human race is our inability to Understand the Exponential Function” ….
Have you ever wondered why most of the Graphs on Finance – in recent times – always show ( at first ) the logarithmic scale.
Why ? …… because it makes the Ups and Downs look much smoother ( and visually smaller ).
I always “switch” to the linear scale for the true picture !
FWIW
@ M
Re: the plane that went down.
I agree with you and even the media has interviewed experts who say it is very strange for a plane to just disappear without any contact. I believe there was a bomb on board. Maybe there were a few passengers that were not being good slaves/patsies/whatever.
Re: 9/11. Amazingly enough Fox News interviewed an expert who has slapped down the official version. The link is below and is a ‘must see’ mainly because it’s Fox News who are bringing out the truth (no other msm has done this as far as I know). Apparantly Fox have received so many thank you’s for finally telling the truth about 9/11 that they are now saying: ‘please, no more thank you’s’. This, to me, is a complete seachange!
By the way, don’t be too surprised that many people are not getting it, even though it seems bizzare. I think they’re undergoing slow chemical labotomies: fluoride, chemtrails, etc. Those of us who don’t seem to be too affected by those things were already awake I guess.
Not to mention that there were apparently FBI and SEC records to do with WS Corporate Fraud in Building #7 as well , not just the Pentagon data !
I saw a MSM report here in Germany, that reported that a detonation squad was heard on one of the vacant floors on #7 … just a few weks before 911.
I am NOT kidding, they (MSM) actually went into great detail on that !
Amazing ( to see on MSM ) …. I think the TV channel was Phoenix or Arte ( German/French reporting channel ).
BTW.. they always have excellent reports from everywhere !
We are fixing to invade Southern Afgan on a huge scale. I have a army buddy that is suppose to start training this quadrant over the next six months than they will leave and continue to train there in S. Afgan. This comment is in reference to Max
s comment about US military and war
@sharon – just wondering, why did suddenly a Fox News interview become the truth? Just because the story fits with you mind? If “everything” else they promote is considered bullshit, then why shouldn’t that story also be considered the same bullshit? I’m not a 911 conspiracy believer although I do have a lot of questions that I think haven’t been answered properly. Oh and if people aren’t “getting it” it just may be that the conspiracy story doesn’t provide good evidence or have enough evidence to support their claim. Challenge both the official AND the conspiracy story. Bytheway for all we know fluoride could have messed up your brain as well…hehe :p no hard feelings
(it may be a double post – first one magically disappeared)
@ Palantiri….Wow! I gave you more credit than that. I say it’s true because you only have to look at the evidence. Time for you to do some research my friend, that’s if you’re bothered ab out who did 9/11. Me, I think it’s pretty important.
Re: Fluoride damaging my brain – what’s your excuse?
@sharon – oh well my excuse is that you never told me this stuff before…and I suspect my toothpaste might have messed up my brain as well…hihi
Well I’ve tried but there is not much evidence to go after. There is however a lot of arguments and questions going around. I have a large collection of videos related to the 911, thousands of pictures of that day, I bought books about it, read many random web pages about 911 and been follower of 911timeline, 911research and debunking911 for many years. Spent many hours on youtube clips about it and also debating it on documentary hubs.
So if you happen to sit on some decent evidence then I would really like to see it because nothing has convinced me that there is truth to the conspiracy claims (even though there are huge gaps in the official story as well). As I wrote, I also have many unanswered questions I wonder about, but it doesn’t necessarily mean that an unanswered question is an attempt from the government to hide something. I just don’t buy that sort of thing. I try to have an open mind to both sides and move as evidence appear. You know, “fortunate” things can happen to bad people (governments) too, as the project for the new American century gained momentum after the day does not mean that the day itself was planed so the project could move forward.
Always enjoy the videos uploaded – Max is great.
Q – how come in all the Max videos when the interviewer asks a question there appears to be a lag or a long pause before Max answers the question. Is this a technological lag in transmitting the information to Max or does Max pause and consider before answering? Just curious.
there is a satellite lag time between Tehran and Paris
Max,
What is your take on silver giving its current up-trend… vs. gold?
In the FT yesterday there was a report saying that China backed the US dollar as the world reserve currency, i dont understand why are they saying this? for a while now everybody has been saying the US dollar losing its status as the world reserve ccy?
this is from the FT on 1st June – the title is US dollar backed as reserve currency
“In the short term I don’t think we can find another currency to replace the US dollar,” said Guo Shuqing, chairman of China Construction Bank and former head of the country’s foreign exchange administrator. “The US dollar is the main currency because their economy is number one in terms of competitiveness, in terms of innovation.”
Its coming………………..have no fear.
I wonder what American’s “Plan B” is?
Mike
Max In German!
http://www.youtube.com/watch?v=6GukmDO89KI
Mike
what a slow monkey
@Andrew … “Max, what is your take on silver giving its current up-trend… vs. gold?
The common concensus for T/A is a cup & handle with upside to 20$ before EOY. Fundementals speak for this as well IMO.
Downside is of course Govt. manipulation .. AFAIK certain big WS banks still have big silver short positions.
And we all know what happened to the Hunt brothers when JPM (IIRC) had a similar short position then !
Max …. disagree if you will !
Max …. say something !
@Andrew … “Max, what is your take on silver giving its current up-trend… vs. gold?
Aha … versus Gold …. just noticed !
The US Weights and Measures office decided that the Gold:Silver price ratio should be 15:1 way back 9101 or circa.
The ratio has pretty much kept to 15:1 until recently.
I “think” the current ratio is around 80:1.
So either Silver has to go up or Gold has to go down to make the 15:1 ratio again .. if that even has to be the case these days that is !
Max, get some of the Daily Reckoning guys on The Edge!
@Phil
Thanks. Exactly what I was driving at… Also, China seems to be hoarding many commodities and silver is a major one for industrial use and if you couple that with it being a precious metal then….. LOOK OUT!
Silver is said to be undervalued more than gold, in Holland it is not tax exempted which s*cks..
I ordered silver at the Perth Mint on march 23th. Just got notification it will arrive in the next week..
Their contract conditions..
‘The Perth Mint will endeavour to dispatch 7 working days after receipt of payment in full. In the event of high market demand, delivery delays could occur for a period up to 3 months. The Perth Mint will not be liable for any claims associated with late deliveries.’
Guess I got lucky
To stay in the US or not to stay, that is the question. Many are asking this, but not me of course.
I heard it said:-
Gold $2500
Silver $150.
Mike
@ Mike, Phil and Mother Earth:
Silver may not be viewed the same way again “after all is said and done” and remain that way for a long time.
It’s not often that I can acuse you of modesty, but in all fairness you did call the decoupling.
It’s not often that I accuse you of being modest, however you did call the decoupling amongst other things. So yeehaaa to you, ye great big fecker.
The NOToracle predicts
1. Obama to announce bank holiday as bailout stimulus turns to sh*t.
2. Pre empting national civilian unrest, US goverment rips up the 2nd amendment and confiscates all guns in private ownership( temporarally).
As there is no gold left in FortKnox, the site is chosen as an ideal secure depository for the guns.
(Guns maybe sold to highest bidder at any point in the future)
General Motors…
Now listed as GMGMQ on the OTCBB market
(i.e. Pink Slips)
I was laughing at the range it was trading today
The “car industry” does affect STEEL PRODUCTION
(some 20%+ from CDN perspectives)
However, from latest reports
http://www.chinamining.org/News/2009-06-02/1243929331d25265.html
China is playing Steel-Producer Poker
with the market
PM Harper (that Lesbian Cowboy) wants to ditch Canada’s 20% stake in GM “ASAP”
After all,
Frank Stronach of Magna wants to start production of ELECTRIC CARS in CANADA
he already signed a deal with some Korean Lithium Ion battery producer to make the cells…
Look out Yankees…
Gasoline’s death knell is resounding !!!
Kiss your Hummers goodbye (except for the fellatio variety)
Put your money in BJs… the Bollinger Bands and MACD are SCREAMING “BUY”!!!
But I digress (as usual)…
http://www.theglobeandmail.com/news/national/mounties-withdrawing-older-tasers/article1164300/
80% of the tasers tested by the RCMP (Royal Canuck Mounted Popo)
are FAULTY
they don’t work…
Taser International (or whatever the fuck they are called)
disputed the results claiming “Bad tests, no good, unga bunga”
the problem?
The tasers aren’t issuing enough JUICE!!!!
that’s right,
they aren’t LETHAL ENOUGH
Geeez…you kill one Polacco in Vancouver (plus others),
and you’d think it’d get the OK stamp…
nope
…
The Global Perception is in Zombie Mode…
BRAINS
MUST EAT MORE BRAINS!!!!
Max,
Are we not simply in a counter-trend rally? In which case we would expect many of the old bull trends to be revisited (think summer 2008: weak USD/strong EUR, spiking oil prices etc.). What about the Eastern European debt bomb that has yet to implode? Why would it be any different this time?
It seems to me that in today’s fiat system, strength is a sign of weakness. Precisely because the US is the “weakest link,” we should expect a strong USD (Cf. short squeeze) to confirm its underlying weakness? After all, isn’t a weak USD precisely what policy makers are aiming for, in order to “encourage” spending and investment, and a return to the happy days of the Casino Gulag State?
Robert Maxwell and Bernie Madoff. In australia we have our own version of these two corporate crooks, his name is Alan Bond former head of ‘Bell Resources Group’ Western Australia , quote from wikipedia entry about Alan Bond..’a notorious Australian criminal famous for high-profile business ventures, including what was at the time the biggest corporate collapse in Australian history ” ‘Bondy’ as he is affectionately know here by most people who live here was sentenced to 7 years for 1.2 billion dollar fraud . We have a University named after him called ‘Bond University ‘in Queensland whose motto is ‘ Bringing Ambition to Life ‘ it is mainly a University that deals with Economics and Business related studies. according to wiki entry it gets ‘ top marks ‘ Perhaps, England and America should consider doing the same follow our example and name a University after either Maxwell or Bernie ?……. who wouldn’t want that ? sounds like fun…..
@ The Black Swan
I think you have nailed it. It won’t be gold or silver…
Maybe the next new currency will be guns and ammo, Ha!
Go figure the denominations by yourself.
I am not sure that this lady listened to Max’s answers. He just finished saying that the US is finished, then she asked him if he thought Europe would recover quicker than the US.
Maybe she was just in awe!!!
Am I the only one thinking that there will eventually surface details surrounding the Air France crash in the atlantic that shows that USA just got rid of something they don’t like. Be it something in cargo or an individual. Everything that happens now should be put in light of what USA wants, they are manipulating whatever they can at any price, at least that is my impression of the situation considering what they did to Iraq and of course the 9/11 incident(s).
Can anybody explain the goldchart (kitco.com) for me today. Everytime there is a really really sharp upwards trend it is cut as sharply as it rose. Is this something normal or just usual business?
@M I think it is by now commonly accepted the moves of gold on kitco have not guaranteed relation to supply and demand…
I made an improved version of the gold betting site @. http://www.milligrambank.com
You can now see your entry in relation to the actual prices in a graph of todays qoutes.. page needs to be open to capture kitco data.. Might still have bugs..
Can we start a site called maxgoldbetting.com?
@Mother Earth, Thank you for the link.
I am still baffled by the precision the financial system is getting demolished. I am not as educated as those in the business, I would put myself in the category of an average joe with some knowledge of how the world works. Still I find it amazing that the countries have let the system fail with so much intervention.
This leads me to the question of who is involved in the system collapse because this has got to be engineered. And how wide spread is the controll of the demolition. I mean, which polititians are involved in taking delibirate actions to worsen the situation. I can make a few guesses because to me this is so obvious. And another thing that amazes me that the few that see this are being categorized as dooms day profets or pessimistic individuals, instead of people waking up and acknowledging the deceit.
@M … ” acknowledging the deceit ”
My take FWIW…
Govts. and Central Banks now work as a destructive symbiosis .
The Govt. likes to be able to spend to make themselevs popular while disguising the inflationary effect on the country’s Economies they’re supposed to look after ( indirect and hidden taxation ).
1971, 1985 and 1995 were key dates IMO .. where “control over a solid currency” was abandoned for political purposes.
http://finance.yahoo.com/q/bc?s=%5EDJI&t=my&l=off&z=l&q=l&c=
IIRC, between 2004 and 2007, ca. 33% of US corporate profits came from the banking sector. A sector which “produces” effectively nothing but Debt IMO.
Now that we ( countries ) have all this debt , there is a real risk IMO of further Sovereign Defaults like Iceland , Argentina, Zimbabwe etc. etc.
I mentioned earlier that – according to my calculations – “real inflation” has been a constant 9.1% per year since ca. 25 years ( 1971 ). But the Govt. keeps on telling us it’s only 2-3% , while our money is slowly, secretly but surely becoming worthless.
There comes a “Point of No Return” when it comes to servicing Debt.
Most major WW economies are already there IMO !
And that is why our “situation” is new … at least since ca. 100 yrs.
The Most IMPORTANT Video You’ll Ever See (part 1 of
http://www.youtube.com/watch?v=F-QA2rkpBSY
…. “The Greatest Shortcoming of the Human race is our inability to Understand the Exponential Function” ….
Have you ever wondered why most of the Graphs on Finance – in recent times – always show ( at first ) the logarithmic scale.
Why ? …… because it makes the Ups and Downs look much smoother ( and visually smaller ).
I always “switch” to the linear scale for the true picture !
FWIW
@ M
Re: the plane that went down.
I agree with you and even the media has interviewed experts who say it is very strange for a plane to just disappear without any contact. I believe there was a bomb on board. Maybe there were a few passengers that were not being good slaves/patsies/whatever.
Re: 9/11. Amazingly enough Fox News interviewed an expert who has slapped down the official version. The link is below and is a ‘must see’ mainly because it’s Fox News who are bringing out the truth (no other msm has done this as far as I know). Apparantly Fox have received so many thank you’s for finally telling the truth about 9/11 that they are now saying: ‘please, no more thank you’s’. This, to me, is a complete seachange!
http://www.youtube.com/watch?v=oO2yT0uBQbM
By the way, don’t be too surprised that many people are not getting it, even though it seems bizzare. I think they’re undergoing slow chemical labotomies: fluoride, chemtrails, etc. Those of us who don’t seem to be too affected by those things were already awake I guess.
@Sharon … “9/11″
9/10/2001: Rumsfeld says $2.3 TRILLION Missing from Pentagon
http://www.youtube.com/watch?v=xU4GdHLUHwU
Have they found it yet …. and the rest ?
@ Phil
You couldn’t make it up!
@sharon … ” You couldn’t make it up! ”
LOL .. I agree !
Not to mention that there were apparently FBI and SEC records to do with WS Corporate Fraud in Building #7 as well , not just the Pentagon data !
I saw a MSM report here in Germany, that reported that a detonation squad was heard on one of the vacant floors on #7 … just a few weks before 911.
I am NOT kidding, they (MSM) actually went into great detail on that !
Amazing ( to see on MSM ) …. I think the TV channel was Phoenix or Arte ( German/French reporting channel ).
BTW.. they always have excellent reports from everywhere !
We are fixing to invade Southern Afgan on a huge scale. I have a army buddy that is suppose to start training this quadrant over the next six months than they will leave and continue to train there in S. Afgan. This comment is in reference to Max
s comment about US military and war
@sharon – just wondering, why did suddenly a Fox News interview become the truth? Just because the story fits with you mind? If “everything” else they promote is considered bullshit, then why shouldn’t that story also be considered the same bullshit? I’m not a 911 conspiracy believer although I do have a lot of questions that I think haven’t been answered properly. Oh and if people aren’t “getting it” it just may be that the conspiracy story doesn’t provide good evidence or have enough evidence to support their claim. Challenge both the official AND the conspiracy story. Bytheway for all we know fluoride could have messed up your brain as well…hehe :p no hard feelings
(it may be a double post – first one magically disappeared)
I am very happy to see clips like this one where the answers are calm, informative and serious. good work Max
I want Max on the western channels, not bedtime shows on BBC at late fridays
Gimme Max & Stacy on primetime news!
MORE MAX TO THE PEOPLE!
I am addicted!
Max & Stacy available in liquified form, need it intravenously!
@ Palantiri….Wow! I gave you more credit than that. I say it’s true because you only have to look at the evidence. Time for you to do some research my friend, that’s if you’re bothered ab out who did 9/11. Me, I think it’s pretty important.
Re: Fluoride damaging my brain – what’s your excuse?
@sharon – oh well my excuse is that you never told me this stuff before…and I suspect my toothpaste might have messed up my brain as well…hihi
Well I’ve tried but there is not much evidence to go after. There is however a lot of arguments and questions going around. I have a large collection of videos related to the 911, thousands of pictures of that day, I bought books about it, read many random web pages about 911 and been follower of 911timeline, 911research and debunking911 for many years. Spent many hours on youtube clips about it and also debating it on documentary hubs.
So if you happen to sit on some decent evidence then I would really like to see it because nothing has convinced me that there is truth to the conspiracy claims (even though there are huge gaps in the official story as well). As I wrote, I also have many unanswered questions I wonder about, but it doesn’t necessarily mean that an unanswered question is an attempt from the government to hide something. I just don’t buy that sort of thing. I try to have an open mind to both sides and move as evidence appear. You know, “fortunate” things can happen to bad people (governments) too, as the project for the new American century gained momentum after the day does not mean that the day itself was planed so the project could move forward.