Stacy Summary: Good morning everyone! So the Brits have brought back the Tories to lead a hung Parliament. Long live the Suppository Salesman! Or not? h/t @Mike/Liverpool – - Brown & Clegg could conspire to keep Cameron out of No. 10.
UPDATE: Clegg to do deal with Cameron
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Stacy Summary: We look at the scandals of repaying American taxpayers with their own cash. We also check out the headlines on Lloyd ‘I’m Too Mysterious’ Blankfein, Bernie ‘I’m Just a Market Maker’ Madoff and Warren ‘I Love My Goldman Investment’ Buffett. In the second half of the show, Max interviews investment adviser, Michael Krieger, about “America’s Disneyland and Neo-feudalistic, Gulag Casino Economy,” financial war between the US and China; and about which nation will be the first to back its currency with gold.
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Posted in Max Keiser Video
Tagged bernie madoff, goldman sachs, gulag casino, keiser report, michael krieger, neo-feudalism, warren buffett
Stacy Summary: Interesting that the two shares that hit circuit breakers today, P&G and 3M, are often cited as two of the stocks that the PPT targets for buying for the precise purpose that, as they are so heavily weighted, they can move the Dow more than others. Your thoughts?
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Stacy Summary: Gold soars as (despite a mysterious last hour rally) markets crash. I know we have been advising buying it since it was at £200 and $400 and that many on these boards have told you that it is crazy and that the value of gold is merely based on perception . . . but when placed against fiat currency in a time when faith in credit based currencies has obviously collapsed, I would rather have gold. People say all the time, “You can’t eat a gold” but the truth is I have tried eating a dollar bill and it tasted no better than a euro and a bit worse than a yen note and only slighty better than a rouble; and I still felt hungry afterwards. Everyone has to do their own thing, but, at the end of the day, I am pretty sure I will be able to trade that bar of gold for food . . . good luck trying to trade that euro or yen or dollar or Swiss franc as this entire debt based system collapses over the next few years.
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| From MaxKeiser.com Images |
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Stacy Summary: From this morning. Just had time to post it.
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Posted in Max Keiser Audio, Max Keiser Video
Tagged greek debt crisis, max keiser, radio five live
Stacy Summary: Anyone speak Greek?
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Stacy Summary: As part and parcel of this year’s sovereign debt crises, the accompanying currency wars are going to cause the most noticeable consequence to the man on the street. I have spoken to people who lived through a currency crisis and the trauma was still visible a decade later. Anyway, no doubt this blog post from Jesse will trigger much conversation . . .
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Stacy Summary: BJ Lawson won the Republican nomination in North Carolina’s 4th District. Here is our interview with him:
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Stacy Summary: A thread for the UK elections today. Most are predicting a hung Parliament. But I’ve seen many consensus predictions fail in UK politics. This British guy, Drake, starts a hunger strike today against the monetarism of all parties. So any Brits or UK residents who will be voting today, leave us any comments in this thread about what you are hoping for, what you are voting for, etc.
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Stacy Summary: From yesterday . . . and if this is war, then the European Commission has just fired back: “UK deficit is worst in Europe”
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Stacy Summary: h/t @kitty for alerting me to this story
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Stacy Summary: RT hosted a debate between Joe Weisenthal and Ellen Brown on the Box Office Futures story.
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Posted in Max Keiser Blog
Stacy Summary: Good morning, y’all. I found a better photo (via Huffingtonpost) of the “Peoples of Europe Rise Up” banner. Two of our major themes as we laid out in our first Keiser Report of the year are in the headlines this morning – sovereign debt crises and currency volatility. There will be many more mornings like this before the year is out. Anyway, how are things where you are at?
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| From MaxKeiser.com Images |
In Paris, I see no sign of Depression or Recession with ordinary people, but huge quantities of commercial real estate are suddenly becoming vacant in the 8th and 16th near our office. Nearly every day sees another 800 or 1500 square meters open up.
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Rick Ackerman
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