Years ago i traveled across the United States exploring americas deadly love affair with the. Bad guy trying to get to one of my family members he would have better life better and i think they are and hurting whenever my my baby says my book was published in the year two thousand more than home for a million americans have been killed by the u. S. Team yes we did yes this is a middle school we go through drills and we put ourselves in real scenarios it was interesting to see who actually got hit. The gun. To return to the subject to track down each gun owner who id met and photographed those years ago i dont know that but we are not. Heres what people have been saying about redacted in the us exactly to the lawn often the only show i go out of my way to launch you know a lot of the really packs of. Yampa is the john oliver of harvey americans do the same thing we are apparently better than nothing. I see people youve never heard of love redacted tonight not the president of the world bank no way you can go write me seriously send us an email. Run with the flow the best out of the tools with. The concepts i was paying to perform i actually passed myself to die. Hed what. Im sorry. As most of. You. In homo stuff im here narr come. Squinty was. He had the goods. So well see. What. Was it he could with us he was just that yes scared to me she. Had to finish in the. Toilet b. S. I mean are you. Welcome back to the cash report im max keiser time now to turn to harry a play narry what is it now by neary financial harry welcome great to have you on finally for having me on my huge fan of the show you know weve been following your career for a while and youre one of the stalwarts in the business tell us whats your investment does your company make in companies or directly into crypto actually so buy a Financial One of the larger and o. T. C. Firms we stablish back in two thousand and fourteen and our main focus is we facilitate large block trades for High Net Worth clients and institutions so if somebody wants to buy five or ten Million Dollars with a bit coin a theory and we help facilitate that we also have a long bias to came in came in not only fun but i am going to vancouver. And singapore so what kind of regulatory hurdles that you have to overcome to get to this stage of the business does face well actually most of the areas that weve been working with are in the United States so we havent really had to deal with a lot of regulatory per se but im our fund is kaman base so we have to softball came along and when we had a u. S. Flag at the fall u. S. Fund and hows business grown in the last few years obviously its been its been booming i guess tell us the numbers just going on. I mean we dont talk about specific numbers but i mean on any given day you know some on some of our busier days you know well clear anywhere between one hundred million and a transaction sometimes o. T. C. So Trading Volume even electronically from our trade is actually pretty high and right now just the appetite of money thats actually coming in. The this is he almost every o. T. C. Brokerage is quite busy right now yeah how do you deal with the volatility is that an issue for you your market maker to keep inventory on hand and we love volatility i mean traders trade and were traders first so to kind of ask your questions were not really on the v. C. Side we doing the best in i. C. A. O. Has but the number one thing we look for is liquidity so yes for us trading volatility is. Traders best friend so we almost all right so lets talk twenty what are the themes emerging from your point of view what will we be saying i think what youre going to start seeing and restarting to see already is that a lot more of the sovereign wealth funds and even countries are going to start hedging by buying bitcoin an alternate crypto currency is not because they want to but they need to so theres already been channels of dialogue that weve been talking to some people about where they theyre actually looking at purchasing bitcoin to hedge against the deflation of the euro ok so this is really fascinating to me because it kind of anecdotally our instinctively ive been saying hey and how the sovereign wealth funds are going to start nibbling at this central bank is going to start moving into this year uniquely position on the trading death dealing with i networked individuals and institutions and so youre saying from were seeing at the table that yes you believe that trend will merge and twenty eighteen sovereign wealth funds of saddam merging its already happening but people dont i mean our minimum trade says half a billion u. S. And all the desks sots all the desks so you start to see kind of whats going on and even in the news you know even from j. P. Morgan is actually apologizing for big points so a lot of the banks now starting to see that their Wealth Management departments we speak with a lot of Companies Just even on the consulting side on the banks and everybody is trying to understand sasa class because its the number one performing alternative asset class a forget about for us were really more on the speculative demick the price trading side so for us having a good good healthy price of bitcoin and cryptocurrency is extremely important because its a barometer of the health of the industry just like while in gas if the price of oil isnt doing very well then the rest of the industry suffer so i think thats what youre starting to see right now is you you really cant ignore the price of big points almost at a trillion dollar market cap for all crypto currency you know in a time just recently there was an idea that the banks and the Central Banks would figure out a way. Detail the big clean Freight Train and it seems now were at a time when that notion has expired and right the Central Banks of these large institutions the sovereign wealth funds are now capitulating to the fact that theyre going to have to get in the game and the game theory thats in parent in the protocol the way that the interest of all parties are balanced to create this competitive environment of the distributed network and if that jumps up to the state of the Central Banks will we see Central Banks trying to outcompete each other to get the biggest position in bitcoins i mean thats very interesting because if you look at gold historically what a lot of the larger g eight countries have done to you is theyll start accumulating massive positions and goal. Theres only twenty one million bitcoins so you can imagine its not even enough to call in for one person for every person on the planet so. Youre going to start to see a lot more of the cryptocurrency so i think Central Banks right now are humans exploring the possibility ideas of tokenized their own. Does not yet fully explicit in other words a centralized point put out by a bank is really the antithesis of that point i dont think so because what youre just going to end up seeing is more use of wake up launching technology so any type of government entity. Becomes a fad of locked in and you just validating the technology itself so it becomes a selffulfilling prophecy so i actually think twenty eight hundred twenty nine thousand going to see monster moves up and down in a currency because so no real effective way to really hedge power than if you just contracts going i mean typically that would be edging contract as they performing us such i think the issue with the futures contracts and we see weve seen this before is that bitcoins decentralized so the only reason that traditional derivatives in Options Markets work is because theyre priced out of one Central Exchange same with currencies you can actually hedge against yet hearsts but how do you hedge against something when. Theres five or ten percent spreads going to different markets even on a weekend so i think right now the only true futures market you really really see thats going to be affected as bit next and there because denominated futures because i think were going to be moving towards a world actually we already started thinking in bitcoin terms when we trade and not necessarily u. S. Dollar right something hyper a big point is ation mindset is that ousts eating into the daniel grauen its like believe ive got your name dragged this time and you know how its done this to toshi into this idea we hit the hyper big money nation world of dominating things in that point yes youre seeing that an institution already doing it already and for us its going to exact opposite direction because when you talk about dealing its a toshiba you dont have a comma its much more difficult to figure what decimal places than it is because its the its the reverse because things are actually worth less relative to big point but when youre talking about dollars you have inflation the price goes up so what country in your view conic gets it more. Than other countries like us or a country that seemingly understand its really going on and i think all the countries get it what happens right now is people always have a fear of the unknown its almost like the same thing that happened when the internet first came out it was kind of a novelty but you know first came out it was an all too and a social networks came out before they became a utility theres always a lot of pushback when you come and comes to initial technology but because crypto currency is the single biggest innovation to happen since the internet and possibly. The biggest financial innovation since black holes will be offered pricing model whatnot so i think. Its a same thing with labor with the taxi regulators. Youre going to start seeing a lot of pushback first but then youre just going to start accepting the fact that you cant ignore them dont parents youre watching now theres a big ice in the pipeline for the telegram to corporate i. C. A. O. What do. You mentioned you arent involved in i. C. s tell us a little bit about this if youre covering it what do you see here is what it whats going on that is every bit a lot of interest on the telegram i assume were huge fans telegraph we use the product. Its one of those amazing teams and stories out there where theyve raised literally no Venture Capital its all self funded really really smart guys its going to be a blockbuster i mean were going to buy into it is this the beginning of a phase where corporations now going to be issuing their own blog chain and is that just following up on that or is it really going to this is the enterprises and when it is amazon going to come out with something as google as apple. And is it just chasing something that theyre not really clear whats going on or is this going as a something more here and something more because if you look at how much additional venture models actually Work Companies have to raise money through you know in a series a series b. What youre starting to see now is token i securities so if i right now all the tokens i use your utility tokens so Companies Like to tease your own polymath theyre tokenize and securities on the block chain and we invest in one of the earliest companies tokenize or secured copycat so any kind of security is going to be under regulatory scrutiny so right now i think what youre going to start to see twenty thousand and twenty nineteen is a migration to the block chain so that people can actually raise securities on the watch and that are regulated by security so so be capped block change capital yet last time out here says a fine now and twenty a team started to at the big sell off are veterans of the space weve seen these before but newbies have come in the last six months came in a twenty seven team heard about it and they jumped in with both feet in the one thousand nine hundred twenty thousand what would you or what would you say to folks in that in that in that kind of position theyre new to spanish and the other theyre seeing some some big selloff well how do you handle it i think. Like wed like to tell everybody has to be getting into space you know dont. Risk only what youre willing to do this or that amount and say take ten to twenty. And i have a quick net worth and really kind of get comfortable with the space dont just bet everything because at the end of the day it is extremely volatile you know not too many people can stomach thirty percent drops in a single day you know weve been through it enough so that weve seen kind of how this market actually works. So that would be the best advice is just understand that this is an extremely volatile asset and going to be buying dont buy all that one skill into a position so if you have ten thousand dollars that you want to buy instead of buying all ten thousand dollars and once maybe buy a thousand dollars every week for like a few weeks so that it spreads up and spend solid cost averaging exactly right thats an old wall street track if you well you put in a set amount on a regular basis up its high on a buying last if its low you end up buying more and it takes the emotions yeah out of your actually one of the best strategies that we actually use in from work for myself was i bought a bit coin every day three years so i put a little bit away every single day and did some days it was hard because youre like oh my god its so high that sometimes its so low so thats actually a good a good strategy is just even put a little bit away every single day the discipline just approach it that way and so this is how would you lot of talk about is it is is it a commodity is it a currency is it a duck billed platypus and some have called it home its actually its a hybrid. The best we did as i describe cryptocurrency is not just because it is that they have all the debt all the features of cash as a cash commodity cash and a commodity and a currency because it has all the properties of cash but without the weight without the inflation and has all the properties of gold built up without the weight and the deflation its the perfect product and the perfect theres not a more perfect elegant product thats ever been created in history but i were going to leave it right there on that note thanks so much being on cars and going for having me excellent you all right well thats going to do it for this edition of the guys report and Stacy Everett i want to thank you beth. Get finally got him on air yeah a a binary financial if you want to reach us on twitter its kind of a report of. How much of. This little bundle of joy he would have no chance of surviving in the wild mother pandas can only win one cup at a time but usually give birth to to. China puts a lot of effort into making up for this cruel mistake of nature. China has penned the breeding has become something of a production line. Its almost as though theyve been copied three d. Printed and put on show for the public. Several cubs are born here each year. But only left by dedicated scientists will be for nothing if panda enough cant be encouraged in captivity its not as though they dont practice until but in the same lazy way they do Everything Else with this proud mommy gave birth to twins and has no idea that a special love potion was formulated just for the. Love of warhol selling you on the idea that dropping bombs brings pins to the Chicken Hawks forcing you to fight the battle. When you thought to try to tell you could not be cut off the public by falsehood the most important. Off the bat doesnt tell you on the whole enough to buy your product. All the hawks that we along with our forty one. Across europe municipalities are taking their water supply back from private companies to me to peep out the cells with local song alone even some company elsewhere though they invite private companies to take over the utilities anybody tell us drop off. A lag from us you guys we got booked video while on the back of my because. Ive been this is a map of us to quote them out. Of more use than bill bill if bill brought up locals are ready to stand up for the basic human right of access to water its about water but its also over much more the water its about to hurt and the redistribution of our west birds and dare debt downwards the one dollar will. Pay everybody im stephen bob. Taft hollywood guy next every proud american first of all im just George Washington and r. V. To say this is my buddy max famous financial guru just a little bit different im not a. Good guy not knowing there was no doubt with all the drama happening in our country im hitting the road to have some fun every day americans. Look for the start to bridge the gap this is the Great American pill which. People didnt. Want. Right after. The court of arbitration for sport overturns the lifetime olympic bans handed down to twenty eight russian athletes accused of doping violations. The bipartisan divide deepens in washington with the white house is expected to soon release a classified memo alleging details surveillance abuses by the f. B. I. Including spying on trumps election team. Plus german intelligence warns that the children of i still fighters in the country could be work recruited to carry out terror attacks describing them as a living time bomb. Youre watching our two international with me Jacqueline Luca welcome to the program. First the court of arbitration for sport has overturned the lifetime olympic bans of twenty eight russian athletes accused of doping and held the results of the sochi winter games began true just unanimously found that the evidence put forward by the are you seeing in relation to this much or did not have the same weight in each individual case this is one in twenty cases the evidence collected was found to be insufficient to establish thats an untidy looking through violation it was committed actually its concerned. This does not mean that these twenty. Innocents but. Due to insufficient evidence held the sanctions and. Results achieved in such reinstituted for them it went from a lifetime ban completely not in a single olympics where they allowed to compete it went from that to all allegations and more importantly sanctions against them being dropped so talk about extremes really so for them it is really important because this decision has allowed them to finally clear their names and this is something that theyve been fighting for for a while now really also this means that nine medals in these sorts of olympics in two thousand and fourteen are going back to russias obviously russia is glad with this decision the cash decision on russian athletes confirms many accused of anti doping rule violations are clean also eleven other russian athletes they were partially cleared they had their lifetime ban swapped only for a band to compete in the upcoming Olympic Games in south korea those people landed in trouble because of the socalled Mclaren Report a canadian lawyer submitted a lengthy document accusing russia of running a state sponsored doping scheme the International Olympic committee they used as a stepping stone in their rule an investigation into the issue as a result russias whole olympic team was slapped by a blanket ban the whole report was revolving around the eyewitness account of your watch and it is a man who ran a allow been more school and who used russia of swapping dirty doping samples for clean ones the court of appeals heard both from and from mclaren and the court of appeals found in their testimony not enough effectively to consider those people guilty so this whole thing really undermines the. Sees investigation into the allegations of doping in russia so no wonder the i. O. C. Is somewhat embarrassed the i. O. C. Will analyze the recent decisions very carefully once they are available and consider the consequences including an appeal to the swiss federal tribunals since the russian Olympic Committee is suspended russian athletes can participate in pyongyang only on invitation by the i. O. C. The result of the caste decision does not mean that athletes from the group of twenty eight will be invited to the games those twenty eight athletes theyve had all allegations all sanctions against them dropped still the i. O. C. Maintains their ground saying well youre not youre still not invited. Weve spoken to several russian athletes to get their reactions to the courts decision youre done with chose which its utterly for us because were really are innocent the public is now where that many people believe that we dont know but our close ones of course knew it wasnt true im really disappointed with the Olympic Movement its a complete mess. Theres a lot of uncertainty the bans were justified in some cases in others not so im happy that the athletes in my sport. Have been partially acquitted and im sure well be promoting our movement. But its all the legal mechanisms exist and we hope well still have the time to fight for our rights if not that cast them into civil court switzerland has a long history of considering cases if there is an urgent ive always said that the truth and justice always prevail in the end when the world believes one man mcclaren who comes up with more in more allegations is just nonsense. Weve also discussed the issue with a number of experts including sports lawyer parts of he welcomed the ruling. By the its a victory for common sense and the fundamental principles of the olympics over political wins weve always stuck to the principles journey i. O. C. Inquiry and recast as well charter is based on them thats what pedicle bitin left us when he created the Olympic Movement whole report this whole situation was based on a criminal informant which is a doctor or a chunk of so he get the information. You know when he escaped from russia and sort of was helping an american film make a point for go to dope to win and im sure race part of this whole crux of the car was what was was how these bottles were being tampered with these two men who were involved in exposing all of this mess basically day and gave cus enough evidence to say listen mcclaren water i. O. C. We dont believe you go. The i. O. C. Will oversee do everything in his power doesnt ones concrete blocks i dont think they can do to earn and the reason. The reason is price. In the decision was that you never know in energy. Research once you will be eligible for Climate Change and the i. O. C. Then sanction them again my experience in communion with you or not its been pretty darts you know that its its me dont listen dont punish me because youre punishing an athlete something i havent done in the first. The release of a classified congressional memo allegedly detailing abuses of surveillance powers by the f. B. I. Is expected to be approved by President Trump in the coming hours the move has already led to a major backlash both from the agency and the Democratic Party more details came of mufon now joins us live caleb break it down for us whats so controversial about this memo well a specter of anticipation is hanging over washington d. C. As everyone is anticipating the release of the memo now at this point weve already heard from many republicans who say theyve seen the memo and that the content is shocking theyre calling it worse than the watergate scandal now essentially the memo is purported and expected to show great abuses by the f. B. I. And that essentially that they they have the f. B. I. And the u. S. Department of justice were abusing the foreign Intelligence Surveillance act. In order to spy on donald trump that is what is being alleged now weve already got a recording of donald trump on a hot mike not realizing the mike was hot saying that the memo will be released lets take a listen to what he said. Truly sorry about the one hundred. Now at this point the f. B. I. Is saying in complaining essential that they didnt have enough time to review the memo up before its pending release and weve also heard from adam a shifa top democrat who is saying that changes to the memo had been made without prior approval and that the called on the white house essentially not to release it hes saying its not ready to be released there have been changes that have been made to it now weve also heard from devon newness spokesperson devons newness is the chair of the committee and he said that some of those changes actually came at the request of the democrats it was minor edits some grammatical fixes as well as to edits done at the request of the f. B. I. Now those metal is set to to really kind of challenge and kind of throw away some of the credibility of the f. B. I. As well as the entire russia investigation in response to this weve heard a number of Democratic Leaders say that the calls to release the memo are somehow a plot by the kremlin somehow russia is to blame for it as the hash tag released the memo went up on social media we heard a call to twitter and Top Democrats sending a letter to social media basically saying that they wanted them to investigate whether or not russian bots were behind the release but its gone further than that at this point weve now heard allegations that perhaps the forces responsible and the chairman of the committee could actually himself be a russian agent lets take a listen. Is it possible that the republican chair of the House Intel Committee has been compromised by the russians as a possible of the actual russian agents running the House Intel Committee on the republican side and i hope thats not the case i mean this is behavior speak about tell me im not the first person whos raised as hes behaving like someone whos been compromised by. Investigators reportedly are interested in steins advocacy for better relations with russia any vote for stein is a vote that otherwise would have gone to hell or. Donna brazil would seemingly buy into russian fueled propaganda spread by both the russians and their opponent or candidates. If