Rupee a room ball. Almost every single currency Canadian DollarAustralian Dollar with the exception of the u. S. Dollar thats coming soon 234000. 00 for gold bitcoin 152025000. 00 for because this is what happens when your fear of currency system implodes do Somebody Just wrote that oh you know on the exchange 90 percent of the big coin volume is speculative while the negative Interest Rates around the world i would posit that 99. 99999 percent of all the money trade is speculative well in terms of the speculation big coin and gold the speculation is that were about to see an empire collapse. There will be a massive paradigm shift and an absence of trust and a great amount of distrust and thus you should have a store of value so youre speculating that this will happen of course youre going to see foam oh fear of my. Sitting out so youre going to see a lot of people especially those who watch m s n b c or Rachel Maddow will only be buying gold at 5000 theyll be buying big coin at 100000 what you have to do is realize and recognize just with total lack of any sort of insanity or any emotional driven sort of look at the data and the reality as it is you know you should be you should have been accumulating stacking sats stacking gold slowly just like the central bank of russia has been doing for the past 10 years every month methodically adding more gold or i should have been doing that when it was 500 dollars 600 dollars were talking about here and very poor at 1000. 13 our friends in mexico oh law. You know theyve been stacking set thats why we are regarded god likes. The entire nation is here john lennon moment. Anything that made our show an impossible to air. Because it becomes an issue with us overlords you know tromp this past week or 2 hes been going on nonstop twitter rampage you mention professional wrestling here its called the World Wide Entertainment wrestling World Wrestling entertainment Something Like that used to be easier when i was w w f and that was just easier so hes been on a tweet farm hes saying jay pallies to cut Interest Rates by 100 basis points because we have to compete with europe where they have negative Interest Rates and thats an unfair advantage for them in the euro is tanking and we want our dollar to tank he also said we need more quantitative easing remember weve said over the past few years that you cant taper a ponzi of course the Federal Reserve tried to do that they tried to taper the ponzi we said they they would have to reverse themselves and they are reversed. Saying themselves you know after they 1st started raising Interest Rates the 1st week or 2 under our kaiser report Episodes People like now and then our Rachel Maddow youre wrong because obviously you can taper a ponzi well we see that they cant because its all unraveling Rachel Maddow on the whole cable news corps in america in gauged in defense of see the world as World Wide Entertainment wrestling and everyone around the whole world the actual world who watches kaiser report has been stacking stats and stacking gold stacking silver and you know theyre prepared and you know i was wondering how come recipes arent copyrighted you know if you go to some are book some are really yeah some people are able to copyright those but the recipe for disaster here in the United States is. Well this isnt copyrighted because it started back in the 1920 s. Which is the 1st Great Depression were now in and next Great Depression and in 1929 through 933 we saw the stock market crash then and the global Great Depression and what happened we saw a beggar thy neighbor we saw so england i think was the 1st to really do it where they on pegged their currency to gold or devalued against gold and then the rest of the world had to follow and then in the United States we confiscated gold but we introduced the smoot hawley tariffs and here we have trump you know trying to were its on is off is on is off where we negotiated with china were not negotiating with china now we have tariffs now like were raising tariffs so its all chaos but he tweeted this stream our country has lost stupidly trillions of dollars with china over many years they have stolen our intellectual property at a rate of hundreds of billions of dollars a year and they want to continue i wont let that happen we dont need china and frankly would be far better off without them the vast amounts of money made and stolen by china from the United States year after year for decades will and must stop our Great American companies are hereby ordered to immediately start looking for an alternative to china and clued in bringing. Your companys home and making your product in the u. S. I will be responding to chinas terraces thats true this is a great opportunity for the United States to basically bring all their stuff home while this is interesting so yeah the crash of 1929 followed by the Great Depression in america we had another crash in 2008 followed by the Great Recession and the Lessons Learned according to ben bernanke the about the crash of 29 and the resulting depression were that there should have been more money printing and you know he made a speech saying what we learned from the depression was that we have something called the Printing Press and had we printed our way out of the depression sooner would there would have been a depression so now we had a crash in 2008 and they did print they printed trillions and trillions and trillions but is the result going to be anything different than a depression and the answer apparently is no we are in a depression in america in populations all over america theres poverty and more than half the population lives or below the poverty line so there already is a bit of a ghost depression going on which should develop into a full blown depression because neither policies work from the Central Banks so maybe the problem is the central bank in fact trump did follow up by saying my only question is who is our bigger enemy j. P. Our chairman she but i want to say that i dont think its you know its there isnt a depression in the same way because we also have food stamps but on the at the same time we also a lot of people are doing very very extremely well those closest to the money printing the cantillon effect its called anybody who lives in new york city even if they dont have a job their house prices are going up up up up same with los angeles when i went to u. C. L. A. There and worked out in los angeles like it was easy i actually supported myself at school by working part time i brought with stationery shop so i remember. Winners of oppression like joe kennedy who went short the market famously and started the kennedy dynasty with president s and what does lasted almost 100 years in terms of china being this bogeyman it was it was the likes of Larry Summers who by the way was up at jackson hole as well and basically saying trump is a maniac and supporting all these things that mark carney is saying which is the next headline but it was you know bill clinton who presided over them being becoming part of the w. C. You know and theyve used those rules to be able to you know basically take over the world and u. S. Corporations are the ones who export of the jobs theyre you know thats why some people are doing very well the likes of jeff bezos thats why hes worth 120. 00 or 30000000000. 00 then over at the jackson hole i want to point out and remind everybody that were on the set and risky reliance on Us Dollar Bank of Englands Carney says this is the sort of stuff that the d. N. I. Looks at kaiser report weve been warning you for the last 10 years and they say well thats bad and thats unpatriotic by here as bank of England Governor Mark carney took aim at the u. S. Dollars destabilizing role in the World Economy on friday and said Central Banks might need to join together to create their own replacement reserve currency we just looked at the facts around the world and said this is inevitable because you have to you know this is mathematics this is just the obvious and these are cycles that happen and here it is happening right the World Reserve currency has gone from portugal to spain to france to britain to america and now its going to be passed to Something Else possibly a Global Digital currency as mark carney at the bank of england suggests or Something Else you know Larry Summers is an interesting characters and hes of he is one guy who you could liberally use words so if astri and when youre describing Larry Summers sees a completely mercurial depending on the whatever opportunity hes seeking. Take that argument but do it quite brilliantly he is a duplicitous kind of neo con character that is at the heart of americas decline you need to get rid of the Larry Summers you need to get rid of all the central bankers and to get rid of all these professional liars and replace them with Civil Servants well look at his tweet stream we dont have time to go into it look at Larry Summers tweet stream during jackson hole heres a guy who did along with robert rubin preside over a lot of the neo liberal policies that we have around the world and now hes saying oops i guess we were wrong and i guess we didnt ever predict negative Interest Rates we didnt predict this sort of thing in the cantillon a fact and its caused a lot of unrest and maybe we should all 3 things change things and hes kind of suggesting maybe fiscal policy instead of of using the fed to basically give free money to all of Larry Summers friends in the banking world right theres a huge name out there on wall street now jamie diamond and others claiming that you know we need to really look at the way we do business and capitalism in america and not put profits furrow yes this is a strange thing that just popped up and it didnt get much attention because of course trump keeps on tweeting as the professional wrestler that he is to always get that that crowd cheering for him. Right well look for a major rebrand for j. P. Morgan chase Going Forward jamie diamond feeding children in africa you know on everything because he cares and by the way should bank with j. P. Morgan according to him because they care well were going to cover actually the j. P. Morgan in the news in the probably in the next episode about their latest market rigging sort of stories but and terms of mark carney what hes suggesting is the dollars dominance of the Global Financial system increase the risks of a liquidity trap of ultra low Interest Rates and weak growth carney told central bankers from around the world as they gathered in jackson hole where the worlds economy is being reordered he said the u. S. Dollar remains as important as when britain wins go. So he sees that the world is being reordered weve been saying that weve been warning about this for 10 years its 10 years this september this month coming up that we have been warning you here and kaiser report and heres mark carney hes a former hockey player so hockey players like max kaiser m. R. Carney no what theyre talking about hes suggesting in all coins i. E. This crypto currency for global central bankers but thats not going to work theyre going to come to because theyre going to come to gold right imagine well take a break and come back after this dont go away. Paradise with some ground turned into a round the experimentation field but agricultural chemicals we know that these chemicals have consequences they are major irritants theres no question otherwise why would the Chemical Company workers themselves be geared up that suited up locals attempt to combat the on regulated experiments that often in day you have many of these people one foot into the biotech pharma and the other foot in the government regulatory bodies this kind of collusion is reprehensible while the battle goes on the chemicals continue to poison hawaii and its people so one has to ask the question whether there is a form of Environmental Research going on in hawaii whether these Companies Feel they can get away with this because the people have less political power. Things. Officer. Told him to get up off the ground the officer began to head down the. Democrats on the sounds of kind of fighting into a grown man like wrestling essentially the officer who. Drew his or her own. Wish to away from the officer. Out of his crib. The obvious or did they kind of lunge for the weapon once missed and then what happened on tree swung at the officers hands didnt hit him i never saw any contact between the 2 any kind of went back to where they were so the officers back here there try again 15 feet apart at this point and thats when the officer pulled out his gun and he did it on 3. Welcome back to the kaiser report timeout to get a crack empty over there to final for part craig welcome back max great to visit with you again weve done this 3 or 4 times this year now and it just gets more interesting every time because the bull market in gold is back and youve been a keen observer of these markets for many errors and give us great insight to us happening now trump is escalating the trade war with china hes calling jay powell an enemy of the steak seems to have ignited gold to rocket higher what do you expect by the end of 2019 and what about 2020 lets start there 1st of all if people are watching the kaiser report here in 29000 theyre missing out because you want to see a b. C. Or bloomberg they all act as if nobody saw this coming you know how could the bond market be rallying in the you dont curb inverting in gold going up max you and i have been talking about this since january. Weve been visit with you know 3 or 4 times and weve talked every time about how 2019 is going to look a lot like 2010 with not the fed not raising rates but the fed cutting rates as we slip into recession and then more q. We had negative Interest Rates and all of this stuff driving gold to its best year since 2010 here we are i mean as you and i speak were at the highs of the year silvers finally start to pick up to trade more stuff is just crazy i just friday it was almost surreal last week when you had trouble openly asking on twitter who was the bigger enemy president xi or the head of the fed and then you then you had the bank of england head mark carney go to the feds party in jackson hole and talk about replacing the dollar i mean this is just this year is just crazy and if anything i mean theres always going to be ups and downs bull markets in. Just about anything are characterized by tuesdays forward one step back a series of higher highs in our lows you just simply have to own gold gold in all its forms and as the world realizes that and as assets are allocated to gold and Precious Metals the mining shares things are just going to look better and better for all of us right i should mention for folks who are hearing what they think might be lightning and thunder in the background that is thunder in the us and so yeah thats a little natural on coming storm were expecting you seem to be in the middle of the storm appropriately so but you know we imagine the kaiser report you know we are a global show it goes out right there nationally and when you talk about c n b c or bloomberg and these other networks theyre very local theyre region all their u. S. Their u. S. Dollar centric so when we were observing that the price of gold is breaking out and making new all time highs against the euro against the british pound against the ruble against the brazilian currency is up almost 400 percent you know it was obvious to us that there was a sea change coming because you have a global perspective and i think that is what you need if you want understand each local perspective you have to take a global approach now mark carney stood on u. S. Soil last week and trashed the u. S. Dollar so this is interesting because here you have a central banker thats breaking ranks with the other Central Banks and usually they Work Together and coordinate their policies a lot of collusion going on but there seems to be breaking now. It was a remarkable moment the history of fear defend his right the world needs to replace the u. S. Dollar as a unit of account and you and i and most folks that are paying close attention this weve been talking about this now for the past decade you know the fact that this exorbitant privilege that the u. S. Has had since the end a war more to is a transitory thing i mean before the u. S. The British Crown was the reserve currency and then you go back before that and you had well like portugal had it you know and you go back further and it was china i mean this is something that the world has switched that man tall every 100 years or so literally f