[1038] The Truth About . . . Virtual Currencies

Posted on June 10, 2009 by stacyherbert| 9 Comments

Stacy Summary: From our bunker recording On the Edge . . . I give you . . . The Truth About Markets New Zealand. I’m seeing lots of interesting headlines . . . Fed’s subpoenaed, old ladies losing millions in their mattress . . . will get to them in a few hours!

Download show here

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9 Responses to [1038] The Truth About . . . Virtual Currencies

bzmoore | June 10, 2009 at 2:28 pm |

Max is right. the next big thing is legalized gambling.
Gulag Gambling Grabs Gargantuan Gobs of Gold from Gamers in Canada’s Golden Province:

http://www.cbc.ca/canada/calgary/story/2009/04/27/cgy-alberta-gambling-revenues.html

“Oilsands revenue is expected to drop to about $1 billion this year because of the global recession, but gambling revenue will remain steady at about $1.5 billion”
Photoception | June 10, 2009 at 1:29 pm |

I believe it’s the central banks that are responsible for the high forex volatility.
Phil | June 10, 2009 at 8:49 am |

@Danny

Have you heard of Josh Lapsley ?
He was our Sports chief in the Uni as well.

Yep .. WIllie John is a legend !
Great guy as well !

… He reminded me of Lurch from “The Munsters” … whenever he looked down at me in the bank ! ( I am pretty tall BTW )
Scares the hell out of you … especially when he says … : you want to borrow “money” ? ”
Danny | June 10, 2009 at 8:44 am |

@ Phil

wow. Willie John McBride….what a legend. look out for the special programme this week on irish tv about the 1974 Lions tour. theres a game on that tour thats gone done as the ‘dirtiest rubgy game of all time’. I’d imagine it would be fun to see your old boss kickin’ the sh*t out some fella!

And to any welch, scot, english, french reading– Ireland grand slam champs 2009. woohoo!!
Phil | June 10, 2009 at 7:29 am |

@The Bancor unit … another Keynesian/WB joke.

They’ll do anything NOT to adopt a Gold/Silver standard !
Phil | June 10, 2009 at 7:18 am |

@Max&Stacey … “Rugby”

So you wouldn’t know who “Willie John Mc’Bride” was ?

He was my bank manager – Northern Bank in Ireland , while I was a student!

Oh .. and of course, he was a BIG man … Irish International Rugby Player … probably one of the best known.
A super friendly guy … used to give us poor students nice overdraughts !

BTW … 10 Pounds overdraft was a scandal in those days !
Mini US | June 10, 2009 at 6:55 am |

Max was very informative in this recording.
He can give great insight into how all this weird financial manipulation works. Fantastic.
Also quite cool are the funny ‘agreement’ noises he makes when Stacey is making a point. “Uh, Uh Huh, Hhhhmmmm, HHUH HHUH”.
Hahahhahaa, just brilliant.
Mike2liverpool | June 10, 2009 at 6:54 am |

He not going to own up is he!

Oh Well.
Mike
Youri Carma | June 10, 2009 at 6:33 am |

Peter Schiff on The Daily Show with Jon Stewart 6/9/09
http://www.youtube.com/watch?v=8kgAgmLVELo