Stacy Summary: We look at the latest scandals of deficit fraud, Hank Paulson’s love of financial reform and the RIAA’s very low return bullying. In the second half of the show, Max talks to Ben Davies of Hinde Capital about the BIS gold swaps and more
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What in the hell is this guy talking about? Take a little time and educate this dumb lawyer about this gold thing and the BIS.
Hi to Stacy and psychic Paul.
@Tao
Max constantly moans about wealth distribution so I assume that is his egalitarian gripe. Hayek was all for laws that apply equally to all and also talked of the evils of progressive income taxation.
listen to him here
http://hayek.ufm.edu/index.php/Main_Page
Max has no problem treating “evil” overweight carbon hogs differently or SUV drivers or anybody else who doesn’t fit his ideal greenie-weenie earth occupant utopian dream.
I’m sure he sees himself as one who deserves equal treatment but what about everyone else. If they are compelled to act as he does then they are not free people and equality means nothing. To be free is to be equal. Compelling or coercing people to act against their own life interests has no place in a free society.
@Happy Dick
“Get the bong off the shelf, light some blonde Lebanese the watch this.”
What came in Mind: The Human League -The Lebanon http://www.youtube.com/watch?v=QEsRYkRpySY
The show is a total rehash of mis directing bull. The people are not getting smarter, they are as ignorant as ever. There is absolutely no United States governing body of any kind. The elite government is in total knowledge and collusion of world currency birth. The money controlling entity is succeeding in stellar fashion to collapse the world economy for single world currency and world government.
The next two to three years will be the most profound in the history of the human race. The people will get smart when its way, way to late.
Your show is participation in misdirection of rehashed propoganda disassociated from the essence of what is truly going on.
Excellent programme as always (61). Most informative and well presented.
Your programme is unmissable and essential viewing to keep up with the real and true financial occurrences in the deluded world of today. Thanks.
@Tofu Charlie,
HA Ha the Rat Trader salesman reminds me of the pricks I used to work with at a major Australian University
…The bulliondesk.com reports Russia added 200,000 ozs (6.2 tonnes) to its FX reserves last month (May 34.4 tonnes)….
http://harveyorgan.blogspot.com/2010/07/commentary-july-202010.html
“Please don’t use our credit ratings.”
ZH: Did The Credit Agencies Just Go Extinct?
http://www.zerohedge.com/article/did-credit-agencies-just-go-extinct
… “The new law will make ratings firms liable for the quality of their ratings decisions, effective immediately.” In other words, “advice by the services will be considered “expert” if used in formal documents filed with the Securities and Exchange Commission. That definition would make them legally liable for their work, meaning that it will be easier to sue an firm if a bond doesn’t perform up to the stated rating.” And since ratings are officially a part of a vast majority of Reg-S filed documentation, the response by issuers has been a complete standstill in new issuance, especially asset-backed underwriting and non-144A high yield issues, as the raters evaluate how to proceed. …
Blair got her out – http://www.dailymail.co.uk/news/article-1296204/Chilcot-inquiry-Iraq-war-increased-terror-threat-Britain-says-head-MI5.html And he called Brown ‘mad and bad’, he was inept at covering up his destruction compared to Blair thankfully for the rest of us.
Chinese central banker says yuan could go down http://www.marketwatch.com/story/chinese-central-banker-says-yuan-could-go-down-2010-07-21
Predatory Lending Will Not Disappear – Two Big Bank-Reform Loopholes http://www.marketwatch.com/story/watch-out-for-two-big-bank-reform-loopholes-2010-07-21
British government June borrowing tops forecasts http://www.marketwatch.com/story/uk-june-government-borrowing-tops-forecasts-2010-07-20
Denninger on the Still Report:
http://www.youtube.com/watch?v=9jpRsZB16uA&feature=fvst
U.S. housing starts drop 5% to 8-month low http://www.marketwatch.com/story/us-housing-starts-fall-5-to-8-month-low-2010-07-20
Better credit quality but muted borrowing activity http://www.marketwatch.com/story/credit-control-a-double-edged-sword-for-banks-2010-07-20
- Consumer borrowing dropped again in May, down a seasonally adjusted annual rate of 4.5%
- Borrowing by small U.S. businesses also dropped in May, reaching its lowest level in seven months
- Banks themselves have been bulking up their own balance sheets
- Depressed real-estate markets
max i cant play and watch u report ….. after u air with ALEX JONES THEY PUT U IN SLOW …..PLEASE DO SOMETHING PLEASE
On second thought… The manipulation would enter the picture when the same person trying to drive the stock price down in the real market is also bidding the ebay price UP – trying to lead someone else to lose their shirt on the ebay purchase. But if ebay was flooded with stock certs, you’d have a way to drive down the stock market prices because of better price discovery methods on ebay. Until, of course, Goldman Sachs decides to do some auction shilling to drive prices higher just before pulling out.
@maxkeiser @stacyherbert: I have an idea to test market manipulation in a free market society!
Place a stock certificate for 10 shares of IBM, Apple, or Google on Ebay and see what the bids are. Of course, prices can only go up, so it’s not true price discovery, but you’d at least be able to see what the stock is really worth to “investors” – being that investors are still trying to bid low enough to make money when they sell that said stock. But withhold an auction reserve price and let the “real” price of the stock drive the eBay bid price.
There Rum in your sweet tea tonight frances?
Get the bong off the shelf, light some blonde Lebanese the watch this.
http://www.youtube.com/watch?v=IaPa-b9j7oo&feature=player_embedded
http://www.vancouversun.com/health/government+rolls+online+casino/3285875/story.html
How British Columbia, Canada is setting itself up to run Casino Gambling on the net, to fill its coffers. Take a look!
When I saw this the first person I thought of was Max Keiser who has been talking about this eventuality occurring sometime soon over the internet. Well, Max it’s now here. It’s finally arrived in of all places Vancouver BC.
Hey folks,
Why did gold shoot down instantaneously around 1800 hours and then recover?
See here:
http://www.goldprice.org/spot-gold.html
Fake Snoot hasn’t got a snoot, ronron, because he’s faking. Stacy has the patience of Job. If it wasn’t for Stacy and Max, why, Keiserville would never have been articulated!
We put ice in our sweet tea round here.
What the Hell Flys behind Ben’s head at 15:57 into the Video. UFO?
Pertinent perspective on Precious Metal Pyramid popping.
Sort of archive material people will find the next time the chorus of ‘Didn’t see it coming’ starts up .
Ammunition disposal operations are often coordinated to distract the whats going on updates while the accounting is adjusted out of the limelight periodically.
The shakier the pyramid gets the louder the war drums sound.
Economists aren’t builders, you should interview architects as well as all the meteorologists we are introduced to. As far as slow-motion-train-wreck/slasher/horrors go
Treasury Hijack is at the top of my list. Still waiting for the getaway episode…
Paul The Prediction Octopus… reminds me of Rat Traders:
http://www.rattraders.com/
Ron Paul – Financial Services Hearing on Coinage 7/20/2010
http://www.youtube.com/watch?v=qYarAu7udWU&feature=player_em...
When There is No Rule of Law
http://www.youtube.com/watch?v=Hc9J4JNfLKU&feature=player_embedded
from here on in. your on your own. nessin cleetus drops by. see y’all.
hope mike doesn’t snap. it’s hard on poor mike. lol. hahahaha. stupid boy.
pretty quiet day in metal Mike. you OK?
@Snoot. you got a stick?
i see Stacy dropped Majestic. 15 seconds of fame. eh Snoot. there’s fake snoots snoot. there’s ice at the corner store Snoot.
@Youri. you work hard. thanks.
for old time sakes. hahaha.
Stacy H. You are SO HOT and the things that come out of your mouth are SO Cool and True.
Thanks
Goldman Sachs and the derivatives mobs did the same thing to Wheat. They are in the commodities markets making profits while running the prices up. It’s their newest scam to cause complete havoc in our financial markets and food industry. SCUMBAGS!
http://harpers.org/archive/2010/07/0083022
http://www.democracynow.org/2010/7/16/the_food_bubble_how_wall_street
LISTEN TO THIS Audio: http://www.abc.net.au/rn/latenightlive/sto…010/2952641.htm
* 2005-2008 Goldman was restructuring the Commodity Markets while people starved.
* 1903 – 2003 the prices of wheat was low, then Goldman comes in 1991 and started restructuring the commodity markets and the prices skyrocketed on Hard Red Spread Wheat. Where the markets usually had bonified hedgers of Farmers and Millers, then the Speculators took over and drove the price up illicitly.
* The Goldman type speculators were in it for the profits, they had no interest in the wheat.
* Goldman started the Commodities Index Fund and started buying LONG on wheat futures, and kept rolling it over which made the prices skyrocket. They also created DEMAND SHOCK which is artificial demand for a product that makes the prices skyrocket. It went to $12/bushel up to $25 in 2008. Ironically 2008 was the greatest wheat producing year.
* Goldman then protected themselves by REPLICATION. They put their money into Tbills and then gave it to their day traders to leverage, AS PEOPLE STARVED.
* 2008 food riots started in 30 countries and all hell broke out as people died.
“The Food Bubble” (THIS IS OUTRAGEOUS!)
The definition of inflation/deflation not only includes money supply but also credit “mark-to-market”. Credit dwarfs money supply. So people who only look at the expansion of money supply through QE fail to notice that this is only a fraction of the inflation/deflation equation. The huge amount of deleveraging on the credit side of the equations not only absorbs the expansion of money supply but still leaves a gaping hole to be filled. This is DEFLATION. People who fail to see this still believe in looming hyper-inflation and $36000 ounce gold. Not likely any time soon. On the flip side, gold is definitely an asset worth acquiring.
oh and Ive done that survey again, how it helps to give a better service to the readers of this site is beyond me , asking for your income etc etc, needless to say in the survey Im a multi millionaire working part time, with no education with 10001 + employees
http://imgur.com/Uj0Vz.jpg
the biggest bullshitters alive, oh we don’t agree that Megrahi should have been released balh dee blah dee blah , fucking wankers the pair of them , Blair did the deal with the blessing of BP et al the US Navy shot down the plane , the Libyans were not the main culprits for the Pan Am flight, oh and when all else fails blame the Scottish Government
http://www.lrb.co.uk/v31/n18/gareth-peirce/the-framing-of-al-megrahi
The BBBC in Scotland are following their skewed prodding from their masters to cloud the truth and the BBBC in England are as bad
Pick any commodity and take delivery of a huge position and the market would go straight up. The speculators outnumber real hedges probably 2:1 from everything like cocoa to West Texas Intermediate.
Goldman Sachs set aside $3.8 billion – 43% of Revenues for own Pay and Benefits – Goldman Sachs profits plunge 83% http://forum.prisonplanet.com/index.php?topic=180520.0
And now the weather …
175 people killed in South America cold spell
… in recent years !
… In Bolivia, 18 people died, in Paraguay five and two each in Chile and Uruguay. Nine people died of the cold in southern Brazil.
Thousands of cattle also froze to death on their pastures in Paraguay and Brazil. There are no stables for the animals as temperatures usually do not drop that low.
Several regions in Bolivia and Peru closed schools until the end of the week and larger cities opened emergency shelters for homeless people….
http://en.trend.az/regions/world/ocountries/1723309.html
Strange , but “Change” indeed !
Its about time we measured and aspired to some moral growth instead of the ridiculous concept of GDP.
We can call it Net Moral Product.
(and I don’t mean freaky religious nuts either) I mean humanity morals.
There might also be a common sense indicator introduced.
Something useful we can measure instead of the pretend world we currently live in.
Al that talk about profit in the security industry is contradicted by police being depleted in f.i. Oakand.. 980 officers fir 400.000 citizens?
http://www.youtube.com/watch?v=CtUrJyFOTss
I say, eh, decivilization..
@ Tao Jonesing
Please lurk less and contribute here more often
Love these ZH comments ( Sprott Interview )…
… In the below interview, Sprott shares a wealth of insight into Keynesianism, on the staggering and rising debt load, on the collapse in every single economic metric and the imminent arrival of the double dip (sorry Apple fans, iPad sales are not a leading indicator; at best they serve as a delinquent mortgage tracker), on QE1 and the upcoming QE2. Sprott’s view that “nobody has a solution here, nor should they have a solution here: I think we need to rid ourselves of the theory we need to keep adding debt all the time to keep growing.” Sprott agrees with the Zero Hedge principle, that when dealing with broken Keynesian economics, you need to shock the system – “you need to hit bottom.” …
Actually, on first glance, I misread it .. as follows :
… rid ourselves of the theory we need to keep adding debt all the time to keep drowning ….
Lets cut the BS, time to get those pipe lines built!!!
http://www.washingtonpost.com/wp-dyn/content/article/2010/07/18/AR2010071800605.html
How much of those billions will be siphoned off into the hands of islamic terrorists?
http://www.youtube.com/watch?v=CWILhrSzw5o
Gotta love that foreign nation building!!
@Marc Authier
Did you listen to Eric Sprott as well ?
Junk Silver – loads here in Germany in the “Trödelmarkte” – Junk Markets.
@MirrorMirror
Expect a HOT HOT HOT black market for gold in the USA. Buy small coins under an ounce Half, a quarter, a tenth and event a twentieth of an ounce will be traded at a premium. That, and silver. Can’t buy silver at Kitco. It’s crazy. Junk silver will soon dissapear. I intend buyin myself a nice bag of ‘junk’ silver.
US: All Gold To Be Tracked?
http://www.thedailybell.com/1224/All-Gold-to-be-Tracked.html
Interesting essay, discusses the implications of the new US laws.
Tamir, yeah I guess so but a NWO that is run by sound policies by real people not crazy power hungry banking cartels.
Audio : Eric Sprott on KWN
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/7/20_Eric_Sprott.html
@OP,
Your plans sounds like the new world order to me
I’ve been lurking as I haven’t had anything constructive to say…
I have an idea that may be a solution as follows:
We start an international political party that has a common mandate to
end all Reserve Banks, stop wars, have a social & environmental conscience.
We can have a pool of people from all countries that have work together to agree on a monetary and fiscal policy and have a clearly defined publicity strategy.
Now this may not work in all countries but all we need is for one country to succeed and it would have an avalanche effect.
I’m in Oz we just need someone to put their hand up in other countries.
What do you think (Bonn make sure of the two larges before commenting!)
Photoshop Techniques Used By BP To Deceive The Public
Read more: http://thecomingdepression.blogspot.com/2010/07/photoshop-techniques-used-by-bp-to.html#ixzz0uG1hv0MI
Under Creative Commons License: Attribution
Whistleblower Kindra Arnesen exposes the lies and deceptions of BP.
http://www.youtube.com/user/sacramaniacsmc?blend=1&ob=4
hello stacey and max,
are you sponsoring the air guard? a military institution? i am ver surprised. i hope its a mistake. becaues it really dis credits evey thing you talk about. all the best to uou.
angelo
http://www.bbc.co.uk/news/uk-politics-10693215
Obaminable, Cameron and the “special relationship”. Always drives me up the fucking wall, that one. Sickening.
youtube put you on the slow server in retaliation Max
gold. http://www.youtube.com/watch?v=jKb0v27N3xc
100th!!!
Golds doing my head in, it like have Max singing with “Jimmy” …
Mike
@MirrorMirror
Thanks for the Robert Pretcher info. I am really sick of the manipulations to suppress metals and the crooks that get away with it.
“Very unhealthy situation” … William Engdahl
http://www.engdahl.oilgeopolitics.net/Financial_Tsunami/financial_tsunami.html
It isn’t about the rich’s dollars being worth more than the poor’s. It’s about their lives being worth more. Those expenditures by the RIAA, prisons, etc, are not meant to be profitable in monetary terms. They are expenditures on cultural warfare and control. Since the fiat money being spent is taken by force from the poor, either by the government or through other monopolies on things people need, so long as the poor remain slaves, it doesn’t matter how much is spent. In some ways, spending more is better. Money is completely abstract and subjective. All that matters to the rich is controlling their masses of slaves.
Also, the more the system destabilizes, the better the psychopaths will do. When the system was stable and growing, they prevented cooperation by dividing people up behind welfare checks, food stamps, separate households, corporate and government manufactured subcultures, etc. There is no social fabric other than a vague sense of empathy between some slaves, and a few tattered collective comfort in delusion clubs, (the few church goers left).
Senator Feinstein’s husband, R. Bloom, has Billion Dollar Baby:
The University of California invests $53 million in two diploma mills owned by a regent.
http://www.berkeleydailyplanet.com/issue/2010-06-22/article/35661?headline=Billion-Dollar-Baby-br-The-University-of-California-invests-53-million-in-two-diploma-mills-owned-by-a-regent.
Here we go with the Gold again. You guys blame the money, grab the gold and wait for “Gods will” to come through the market. “It owes nobody nothing” like debt is a law of nature. What do you think is going on?
They used various metals which they called “precious”. Figured out how to transfer the fraud into stocks then figured out fractional reserve and paper, next came the scam of a gold “standard” from there went to pseudo Gold standard using the American dollar, Got off gold went to pseudo Oil standard. Now finally they are ready. That’s 6 thousand years of monetary evolution.
Tier one capital of one central bank will be the fiat decree of another central bank. You talk about the end of fiat currencies? dudes fiat currencies is only just beginning. The whole worlds lined up now and all humanity is the prize.
They’re not all thieves, some of them are fund-a-mental be-lie-vers.
PS@RBS warns of global financial ‘cliff-edge’
…
…He says: “Be maximum long duration of nominal government bonds in safe haven markets. This means US, UK, Germany, in that order, and perhaps others. Be long gold. Think the unthinkable.”
Roberts says another banking collapse in Europe coupled with deflation in the US will lead to “dramatic turn downs in valuations”.
He says: “This may finally destroy the world’s worst cult: the cult of the equity, which has no basis in fact, or history, but yet seems universally accepted. This all sounds somewhat doomsdayish, so we should update how the real economy/banking is panning out for us. It is saying: the end-game approaches.”
…
…
RBS warns of global financial ‘cliff-edge’
28 June 2010
Investors should be preparing for a financial “cliff-edge” as the Eurozone and the US prepare for “monster” money printing exercises, according to RBS….
…
…
http://www.moneymarketing.co.uk/investments/news/rbs-warns-of-global-financial-‘cliff-edge’/1014138.article
“Exercises” …. sounds like a military game !
You know the bill the sucks to high hell when Henry Goldman Sachs Paulson likes it. What an evil man!
@Mep
Don‘t really know what to say,but this song always cheered me up:
the style council-headstart for happiness
http://www.youtube.com/watch?v=1vuxlKLDvRg
that guest was cool. someone seat him next to marc faber
MY OLD MAN’S A BANKER
By Jo Waite
http://www.youtube.com/watch?v=HAaxeqikUlE&feature=related
LOL !
George Carlin On Drugs And Marijuana
http://www.youtube.com/watch?v=oj5Sd3BRm_I&NR=1
Hic
Bonn from Bangalore
Hic
Can we reach 100 already
Health industry is always a win win situation just Like ya mentioned on AJ show ya buyin hand sanitizers fer 8 $’s cause MSM scared ya
Reminds me of George Carlins rant on Clean ly ness he said he swam in the Hudson when he was a Kid where everyones poop landed up cause his immune system had practice lololololol
George Carlin – fear of germs
http://www.youtube.com/watch?v=CnmMNdiCz_s
ROFL
Hic
we cannot win
‘But we dare not lose.’
The Marcellus Gas Shale Play: Information for an Informed Citizenry’ – a talk by Professor Ingraffea
Talks about the Shale Gas in NY, Penn and WV 3 video’s really good
http://nyrad.org/videos.html
@ Max
tear is’nt enuff Gold fer 6 billion peeps I hope ya got @ 60 % or so in Gold and ta remainin in ta Health Industry or Copper or Steel or Cement
Hic
great show!
great guest!
max’s color commentary is complimented by davies’ play by play analysis,
and stace is on top of her game, as always!
thank you keiserville
Spain’s unemployment devastates residents, adds country to European nations in crisis
This really fucking sucks.
http://www.theglobeandmail.com/news/world/spains-unemployment-devastates-residents-adds-country-to-european-nations-in-crisis/article1643243/
just started latest show. wow, stacy’s opening observation was a cracker!
Someone deleted all my Hotmal MSN messenger contacts Hmmmm Errrrr coulda been me when I was sloshed lololololololol
Hic
Oks lets race fast to 100 comments
lolololololol
ROFL
Hic
@ Ronron & y’all
I am lettin ta cat outta ta Bag I aint Skinny mate I am 6′ 5 ” and I hit ta Gym every day lolololololololol
http://img718.imageshack.us/i/bonn.png/
ROFL
Hic
PS when I was 22 I could Bench press 300 Pounds
@ 34 the freakin Joints pain plus tee Alcohol
Hic
Competing currency being accepted across Mid-Michigan
New types of money are popping up across Mid-Michigan and supporters say, it’s not counterfeit, but rather a competing currency.
Right now, you can buy a meal or visit a chiropractor without using actual U.S. legal tender.
They sound like real money and look like real money. But you can’t take them to the bank because they’re not made at a government mint. They’re made at private mints.
…
…
+ Video :
http://www.connectmidmichigan.com/news/story.aspx?id=481793
I believe gold soared toward $2000 in 1980,
so today a 1000 point dow would mean gold could be easily at 8 or 12k,
I don’t think davies’ 36k is out of the question considering the US hasn’t reported M-3 numbers since bush, coupled with the blantant double accounting in the gold and silver markets.
In order to usher in a new currency, the old one must first go up in flames.
NAMA slashes 72.4pc off poor quality Irish Nationwide loans
http://www.independent.ie/business/irish/nama-slashes-724pc-off-poor-quality-irish-nationwide-loans-2264921.html
A large number of loans were also advanced to special purpose vehicles (SPVs), which can make it difficult for the building society to recover money from a client who defaults.
Irish Nationwide’s ability to recover money from customers who have defaulted on loans is also hampered because the company did not get personal guarantees from customers, in the same way as Anglo.
These handicaps will now hit NAMA, which effectively becomes a debt collector to a large number of Irish Nationwide customers.
@Max
But can the banks slow the appreciation of gold by greater “sacrifices” by the plebs who will help those bankers both keep their gains and also their mechanism of control – the dollar system or maybe the future SDR system.
Your hero Volcker who destroyed peoples wealth and transferred the remaining surplus to New York and London during those heady days of the 80s may have some life in him yet.
someones trackin me I bet its ta stupid CIA
http://img821.imageshack.us/img821/6827/tisiswhatiget.png
He is so stupid and he starts trackin me when I go places / sites which are contraversial
Dumb fuckin twerp
I took a print Screen and tas my Destop Background
TWerps
lololololol
ROFL
Hic
@ frances snoot
yes that was missed. see there is the problem: one can try to break out these problems but there is a lot of complexity hidden within the framework. and that is my contention — we cannot win because the complexity of the design to be obstructed will require a commensurate force of complexity…and I do not think the masses of people can supply it. Take for example algo trading. A trader is not going to win that game as it is playing out today. On the larger stage, the larger scale, likewise, the average person cannot win either, in my opinion.
so far no comment other than…
http://maxkeiser.com/2010/07/20/black-swan-insurance-is-by-definition-a-scam/comment-page-1/#comment-141661
when i started on wall st. dow was below 1,000
and had been stuck in a trading range for more than 16 years
the years from ’83 to ’87 were magical
A 48 month long party
Gold is Wealth
http://fofoa.blogspot.com/2009/11/gold-is-wealth.html
… liquidity can be pictured as the ability to traverse my dual pyramid introduced in Gold is Wealth, level by level, and from the top to the bottom. The top pyramid is “the monetary plane” or “matrix” and the bottom is “the physical plane”….
http://2.bp.blogspot.com/_cvdgPlEKW9k/TEPsrmVWy6I/AAAAAAAABS4/7lbMT2llo8k/s1600/Dual_Pyramids.jpg
@Max …gold/dow ratio hitting 1:1 again
I’m banking on it …probably around 5000$ as you said.
… If I’m lucky to catch the spike .. OK .. but 5,000$ is OK
mirrormirror
i’m in the gold/dow ratio hitting 1:1 again
somewhere around 4 – 5,000
from there – a crazy spike would see the price jump to 10,000
Dow 1,000 ?
… Most people, especially professionals in the market, think it preposterous that the Dow could fall as low as 1,000. That level was last seen at the very start of the Reagan years. But think about it: the market has already begun to unravel the great credit boom that began under Reagan and continued all the way to 2007. The total level of credit available to the US economy is shrinking to what was normal in the 1980s, and corporate profits are shrinking accordingly. The standard of living for the average American is collapsing as well, especially for the baby boomers who have no money saved for retirement other than some worthless tech stocks and an overvalued home. Why shouldn’t the stock market adjust in a similar manner? The Dow has already lost about 8,000 points from its peak when it fell to 6,600, so what are 5,600 points more?…
http://agonist.org/numerian/20100720/regime_change_for_the_stock_market#new
Hope not … that could mean Gold 1,000$ as well !
;-(
comparing max who entertains me to david rosenberg who informs me underscores the formers defects, small as they may be
http://www.zerohedge.com/article/qa-david-rosenberg-bearish-outlook
U.S. Authorities Shut Down WordPress Host With 73,000 Blogs.
Written by enigmax.
After the U.S. Government took action against several sites connected to
movie streaming recently, nerves are jangling over the possibility that
this is just the beginning of a wider crackdown. Now it appears that a
free blogging platform has been taken down by its hosting provider on
orders from the U.S. authorities on grounds of “a history of abuse”.
More than 73,000 blogs are out of action as a result.
Hot on the heels of recent threats from Vice President Joe Biden and
Intellectual Property Enforcement Coordinator Victoria Espinel directed
at sites offering unauthorized movies and music, last month U.S.
authorities targeted several sites they claimed were connected to the
streaming of infringing video material.
more…
http://tinyurl.com/2efk8sb
Personally, I think this Jon Kyl dude is quite simply confused, not being able to estimate the consequences of his actions (social unrest etc.).
I like how Max always answers his own questions when the guest fails to. Eg. “what about gold/silver manipulation?”. Guest didn’t mention JP Morgan, etc. so Max did.
time to start calling ‘em homicide bankers methinks. At least a suicide attacker sacrifices his/her life for ‘the cause’. Wall St. & City bankers arent sacrificing anything other than maybe a few thousand quid on their golden parachutes and/or bonuses.
Robert Pretcher :
72 Analysts Believe Gold Will Go Parabolic To Between $2,500 and $15,000!
http://www.marketoracle.co.uk/Article21229.html
Didn’t find Max’s name on the list !
Max , you’d better call’em !
73 ?
@TSGordon
Just for the record, in order to have an effective environmental action organization you would need to be a free state with a readily deployable airforce and army. The only candidate now surprisingly is China.
D’oh! Stupid html code anyway.
(BTW, another excellent critique of faith-based economics can be found in Gordon Bigelow’s 2005 essay in Harpers.org, Let there be markets: the evangelical roots of economics.)
“Faith-based currency”–HA! I love it. You guys rock my world, I bow in your virtual direction (Coriolis correction requested).
In the intelligence community, Ray McGovern has criticized “faith-based intelligence.” So let’s ask, whence this faith? It’s the mythology!
(BTW, another excellent critique of faith-based economics can be found in Gordon Bigelow’s 2005 essay in Harpers.org, <a href="http://www.harpers.org/archive/2005/05/0080538"Let there be markets: the evangelical roots of economics.)
In physics, the unit of energy is the erg. In economics, it’s the dollar, right? Within the twin beliefs of Western science and religion, that the cosmos actually is a mechanism: either it’s god’s own, or no one’s own, perpetual motion justice-dispensing bogus holy war cash machine; the two units of energy have become completely conflated, just as the natural world has been reduced to a machine mastered by fiat and kinetic force. Or as economists say, a command and control economy. Reminds me of the motto of American psychology: to predict and control human behavior.
What’s the APA been up to in all our black sites? Machining human psyches into submission, hacking into human minds as if they were just machines. Same goes for us (IOW, info wars: public relations, advertising, propaganda, information ops, psy ops, “domestic strategic disinformation campaigns,” etc.).
And of course, our science, economy, military, and purpose (“to rid the world of evil-doers”) are taken as the absolute acme of human achievement. USA! USA! USA!
Recall those pallets of cash we sent to Iraq, full of hundred dollar bullets. Note how campaign contributions, not the general welfare of the real sovereigns here, us, determine political actions.
So it’s the age-old quest for power by exceptionally intelligent, highly ambitious, prodigiously inflated egos.
The method, as in our use of drones, BP’s use of submersible robots, and Goldman Sachs’s use of high-frequency algorithmic computerized trading, is to machine the world into full-spectrum subjugation by remote control.
After all, to our self-righteous MOTU, we’re not really people, just herd animals, soulless unless we have the holy spirit blown into us by the proper priest of the proper church (whether that be sectarian, or secular: swallowing dictates of the Big Man Upstairs is the sine qua non of the Perfect Citizen, donchaknow); or worse, not even organisms, just soulless Newtonian voodoo dolls, oh so easily jacked.
In the growth and destruction they create, rising above it all with innocence guaranteed by institutionalized solipsism, in Max’s apt phrase, they believe themselves to be gods among us creatures of a lesser creation. They believe themselves to be wielding the cosmogenetic powers themselves, as measured in lives sacrificed and dollars sequestered. Therefore, since believe they’re doing god’s work by bringing the world into being (market-maker market-maker market-maker!), they feel perfectly justified, as financial terrorists and suicide bankers, in destroying it, too. “We built the (fill in the blank) economy, we’ll blow it up, too, sticking the people with the bill both ways. Bwahahaha!”
It’s what their gods would do.
Hey, I have a question for you guys. It’ not really related to this post.
Is it really a bad thing if virtual currencies rise? Especially if there are competing currencies? Wouldn’t this take power away from the federal government, which in turn would take power away from creating wars, corporate welfare, etc.?
So OT, it’s not even funny. Today, the mailman delivered the itemized billing statement from my abortion. Suddenly, I’m plunged back into sadness and rage. And I want to post this . . . just because: The Compassion of Dr. Tiller.
Sorry to be completely off topic, but I have just a few lingering questions for Max & Stacy, before the global ‘crash,’ or lingering ‘squeeze’ takes all:
1.) ‘Paris.’ I can’t help but wonder WHAT may have occured locally, and especially what the two of you have witnessed (throughout France & central Europe,) that would suggest things are especially more sound there, as compared to the USA.
“Dire poverty” in Paris, was used as the key ‘lead-in’ to the Great French Revolution. However, much of the outlying Continent is agrarian, (meaning a lot of country folks still had plenty to eat.) Nonetheless, there were plenty of ‘fall guys’ like Robiespiere, who led the charge for ‘Change you can believe in,’ only to be beheaded later, as Lord Rothschild sat by, greatly bemused, as he went about counting in most of territorial Europe as his personal estate.
2.) ‘Greenpeace,’ Early on, theys were frequently laid-bare by more than a couple of pointed remarks from MK. -Obviously the organization’s leaders enjoy all kinds of posh benefits, just like any other non-profit NGO. (FYI: In New Orleans, it is commonly said that ACORN’s leader, Wade Rathke, had continuously “envied the Greenpeace business model,” as he attempted to build a global version of ACORN, which led to his calculated demise.) Overall, it’s a paper thin game they play. Perhaps they ought to re-name themselves: “Double-standards R Us!”
Not only would I like to hear a show entirely dedicated to them and their elk, (Max interviewing ex-employees and the like,) but it would be good to hear/read a listener’s poll, rating all of these supposed ‘do-gooder’ operations, and “wild-catters, like Bone-head.” (I said that!)
For my money, the entire ‘highlight’ of the Copenhagen fiasco was when the rogue ‘pirates’ tagged the Greenpeace ship, and gave them a real taste of ‘warming,’ by the numbers.
Finally, heard any good ‘die-off’ jokes lately? The air here in the deep south is gettin’ a little hard to breathe!!!
@Mike
You need a psychiatrist. You forgot you Prozac.
“American Slaves who don’t know they are Slaves” Part I (9 min. or so)
http://www.youtube.com/watch?v=cXx0Y9ZtL6o
Love Ben Davis, his is my new crush! So smart, so english, so sexy:)
@F. Beard,
Neoliberalism is blatant lie. It is feudalism packaged in the rhetoric of the classic liberalism that replaced it. It has, indeed, been practiced, and its result is a worldwide government-backed banking cartel in which all roads lead to serfdom. That’s precisely what neoliberalism was designed to bring about in the wake of the Great Depression that saw banks relegated to the position of serving capitalism instead of being its master.
The single most important object of the architects of neoliberalism was to drive a wedge between the people and their government so that the architects could control government without interference from the riff-raff. They’ve succeeded quite well, starting with Reagan and Thatcher.
No matter how hard you clap, what you seem to view as “true” neoliberalism will never come about because it was always a fairy tale intended to dupe fair-minded intellectuals who have no understanding of how power actually works in the real world.
Max & Stacy: Excellent show. There were some real gems in this program which I need to transcribe. Thanks.
@Tao- Thanks for the observations. Also, in the neo-liberal world view, there is no room for empathy or caring about others. It is all about “me” and what “I” can get, with no concern for the effect of one’s actions on others or the environment. This is the path to chaos and destruction of societies. (The 3-video series “The Trap” goes into the origins of the philosophy and the outcome.)
http://www.archive.org/details/AdamCurtis_TheTrap
How does one prioritize all this?
That’s a snap. All the categories have one thing in common: a move to reform the exchange rate system from a unilateral context (dollar index/exchange driven valuation) to a multilateral context (sdr/index multilateral exchange rate system operating through a multilateral governance system administered by the UN).
James Goldsmith represents the wellspring of Reaganomics/Thatcherism gone “good” in the interests of furthering sovereign control and consolidating global monied interests through the sdr index. Green Tories and Bible-Belt Republicans are jockeying for position within the new system. Soros and Goldsmith represent the same monied interest.
What is being ignored as the ‘threat’ is the multilateral exchange system being tooled as we go about our business worried about existential threats.
The solutions are coming. But first we need to suffer a bit more with the turning of the screw.
the awesome thing about the bis is how it has absolutely no qualms in handing over central bank gold back to the parent country when asked. i mean, hitler did it during the 2nd world war. occupy a country, check. force the bank governor to contact bis, check. say i want my gold back, check. push governor out of window, check. sell gold for foreign currency, check. invade russia, check. they are so helpful at bis.
@Tao Jonesing
Nice. Thanks for the analysis.
(sigh) I guess you are correct on staying connected. I don’t want to be a part of the problem! However, I wish we could collectively find the door and exit.
neoliberalism political philosophy: the political view, arising in the 1960s, that emphasizes the importance of economic growth and asserts that social justice is best maintained by minimal government interference and free market forces from http://encarta.msn.com/dictionary_1861682953/neoliberalism.html
Question? What part of government backed banking cartel in a government enforced monopoly money supply sounds like ” minimal government interference and free market forces”?
If the above definition is correct then neoliberalism has not yet been tried in the US or at least not since 1913.
@pohdinpa,
“Egalitarian” doesn’t have to mean an equal distribution of wealth. It can also mean that there is only one set of rules that apply equally to everybody, which is condition precedent to freedom. I think Max was using the term in the latter sense.
And Hayek, one of the fathers of neoliberalism, was either a hack or a liar. Seriously, what do you call it when your government owns your country’s means of production? Socialism. But what do you call it when your government allows another country to own your country’s means of porduction? If your an American who has dismantled its means of production and ceded it to China, you call that free trade!!!! When your country is a democratic republic, which offers more freedom? You have socialism, which can lead to serfdom but not necessarily, and neoliberalism, in which all roads lead to serfdom within a corporate feudal order.
@In the end . . .
“What’s real and what is not real? How does one prioritize all this?”
Your list of threats can be broken down into three categories: systemic; environmental; and ideological.
Systemic: your (1) – (4) (all describing the same problem of a broken social contract, some identifying responsible agencies, others not)
Environmental: your (6) and (11) (e.g., global warming, peak oil, etc.)
Ideological: your (5) and (7)-(10) (e.g. blame casting or policy prescribing)
I’d argue that the systemic threats are the most difficult in the short term because they are preventing us from tackling the environmental threats, which are the long term issue (Max’s eco-eco axis). The ideological stuff can largely be ignored because they attempt to address symptoms of the underlying systemic problem while missing the bigger picture.
“Do I just unplug?”
Please don’t. The primary reason we find ourselves where we are today is people have abrogated their responsibility to be citizens who hold their governments responsible for good governance. The problem is particularly acute in America, where we’ve allowed ourselves to be herded into a bunch of false choices between bumper sticker slogans and convenient but misleading labels that we blithely apply to ourselves and the other tribe (e.g., conservative, liberal, socialist, etc.). Regardless of how conspiratorial your version of the systemic problem, these are intentional distractions designed to prevent us from seeing that America is no longer a sovereign nation and that the American people no longer really have a say in how their country is run. You are free to choose between the choices provided, which is really no choice. Thanks, Hayek and Friedman!
I highly recommend checking out Damon Vrabel’s full set of video tutorials describing the systemic problem. As somebody who, like Damon, has worked within the elite power structure, I find his explanation both practical and compelling, although at times he veers a bit closer to the Alex Jones view of the wolrd than I’d like.
All Gold To Be Tracked?
http://www.thedailybell.com/1224/All-Gold-to-be-Tracked.html
Hey Max, more egalitarian does not equal more freedom. Read your Hayek. Max’s little bit of socialism is just wrong, no not wrong, evil.
Appears that Octopus is not Psychic after all!
http://bobchapman.blogspot.com/
Max may be right about that whole face book / time thing for peanuts.
http://www.youtube.com/watch?v=idCFV0KF4uo
What Soros says
http://www.dailyfinance.com/story/george-soros-stimulus/19559374/?sms_ss=twitter
They take the money off you then give it back to you and call it a bail out.
@ITEWAD
Its called the human condition.
Unless ofc you believe in all the alien stuff
You guys are right and wrong about extended unemployment benefits. Yes, money would be better spent on extended benefits than other programs, but we could debate other programs all day. I know of two educated people who are at the 99 week mark for unemployment compensation. They are on an extended vacation and are in no hurry to work. Granted, this isn’t a representation of all Americans, but it’s about time that those on the dole do something for themselves.
cool, nearly a text book definition of inflation/deflation.
Max said “No-good-nik” thereby tipping his hand again as a deep cover Russian agent. Didn’t the Soviet Union have an entire town where only American English was spoken to prepare nearly undetectable agents?
@in the end
many of the threats that you list are integrally related as the three blind men describing an elephant
Banks to blame for price rises of coffee, chocolate and bread http://www.wdm.org.uk/press-release/banks-blame-price-rises-coffee-chocolate-and-bread
More Articles Here (Scroll down): http://forum.prisonplanet.com/index.php?topic=180031.0
@Tamir / Stephan Tychon
Thanks. I think I am suffering from “red alert overload.” The disease of the 21st century. I am “On the Edge”, indeed.
THE COMING ‘REGULATION WARS’ COULD BE A BLOODBATH
http://www.youtube.com/watch?v=W6Qy5t26LkQ
Teaparties, Eliz. Warren etc.
Bavarian Nordic Delivers 1 Million Doses of First Vaccine Developed Under U.S. Biopreparedness Program to the Strategic National Stockpile
http://www.therapeuticsdaily.com/news/article.cfm?contentValue=716921&contentType=newsarchive&channelID=28
… sleep now, … Mother Earth
Dark City?
@Youri Carma,
A brilliant quote!
@in the end… interesting list!
Unplug the energy fundamentals of Exxon’s cheapOil doctrine!
More Europe = Less America
Atlantic Unbundling revokes the American contract with Europe that linked petrodollar warfare to the European constitution
stingflation.com
Jim Rickards about the Gold Manipulation:
“We call it market manipulation the central banks simply call it policy”
You have to love the Freudian slip comments like that of Paulson. Reminds me of some of the internut censorship propnents in Oz, accusing anti censorship people of having commercial interests while ignoring filtering vendors lobbying governments.
I reckon Stacey has been visiting a night gym. She should run for Australian PM, she would do a much better job than Gillard.
Greenspan in 1998, before Congress: ‘central banks stand ready to LEASE GOLD in increasing quantities, should its price rise’. http://www.federalreserve.gov/boarddocs/testimony/1998/19980724.htm
William S. White June stipulated in 2005 ( head of the Monetary and Economic Department of the Bank of International Settlements in Basel ):
‘one of the five main purposes of central bank cooperation is the provision of international credits and joint efforts to influence asset prices – especially gold and foreign exchange – in circumstances where this might be thoughtful’.
Australian Central Bank 2003: ‘foreign currency reserves and gold are held primarily to support intervention in the foreign exchange markets’!
Dutch central bankster Nout Wellink (CFR member and Bilderberger) always said to his colleagues; “There are two thing you can lie about as central banker, gold and interest rates.”
@In the end, we are all damned,
Fear mongering is effective, and, so it seems, a self perpetuating phenomenon…
Basel Committee Says Overhaul Is on Track (WSJ) http://online.wsj.com/article/SB10001424052748704913304575370501596151246.html?mod=googlenews_wsj
fuc wat ben davies says,—the gold market is fuckin rigged. no ifs and buts about it
Interesting article – Last couple of paragraphs are interesting: “As for all those millions out of work: Maybe they can get jobs as servants.”
http://www.marketwatch.com/story/the-recession-is-over-the-rich-won-2010-07-20
So what is more of a threat (or greatest threat – or even a real threat) – (1) secret elite (alex jones), (2) bankers (max keiser), (3) globalists and gatt (james goldsmith), (4) wealth inequality (see article above), (5) obama-alinsky (conservatives), (6) global warming (environmentalists), (7) federal government (tea parties), (8) keynesian stimulus (krugman), (9) hyperinflation (peter schiff), (10) liquidity (bernanke), (11) peak oil, peak credit, peak jobs…
The list goes on and on and on…
I cannot keep up with all the different perspectives and the different venues for each perspective. What’s real and what is not real? How does one prioritize all this? Do I just unplug?
http://www.goldprice.org/spot-gold.html
I find this gold chart useful. You can see how COMEX suppresses the price as soon as it opens, often the same shape graph.
The offshored Economy – Daimler, Beiqi Foton sign joint-venture pact http://www.marketwatch.com/story/daimler-to-make-trucks-under-chinas-foton-brand-2010-07-19
I called fort knox
@Tamir – Try this. It should help.
http://www.youtube.com/watch?v=Xx8l5l1g0wA
Do you know which songs goes through my head?
“It’s The End Of The World As We Know It” (REM)
I can’t get rid of it!
@Mike, you know this isn’t a day trader site?
@Sam. He’s a Scouser. Say no more.
Good stuff, quite technical and serious, but that seems to reflect your guests mood.
@Mike, sorry but are you retarded?
Wow, Stacey looking hizzhott. Maxey too. I think you are right. As long as you keep drilling it into their heads. eventually they will listen.
I’m trying to sell a taxes speech. Income tax bad, resource tax good! One day they will have to get it.
Gold is dying !!!!
Mike
Cheer up Ben. You look fine on the Tele.
The only thing one can hope for is that revolution, resurrection and riots get up to pace to about the same speed as the financial fraud. Until the velocity of these events reach the climax we are only witnessing the moronic failure of the modern society courtesy of you local stupid politician
Ben Davies monotonous voice, sleep now, deep trance..
The headline says:
“World markets await Goldman Sachs earnings”
Oh, yeah.
http://news.yahoo.com/s/ap/20100720/ap_on_bi_ge/world_markets
first