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Transcripts For RT Keiser Report 20240713 : vimarsana.com
Transcripts For RT Keiser Report 20240713 : vimarsana.com
RT Keiser Report July 13, 2024
Something like that you were rewarded for it rather than punished and thats what you have now is like any time theres bad news 1st of course you know gold spikes market selloff for literally a minute or 2 and then they soar quickly when they realize oh wait what am i doing im thinking like the olden days before
Alan Greenspan
before there was the fed fighting the investor speculator class so now they they whatever every time theres bad news is always when markets soar the most right well dont forget eric holder tim geithner member in 2008 they came out with the holder doctrine so about moral hazard they institutionalized moral hazard they said every time you banks commit fraud every time jamie diamond commit fraud we are going to cut those laws out of the books were going to eliminate laws against financial fraud whenever you commit fraud oh by the way. Jamie diamond by citibank or
Travelers Corp
of violates class stable oh well well just get rid of glass steagall to accommodate jimmy jimmy because us eric holder dr and thats the jimmy geitner doctor and thats the ben bernanke you doctor and thats the
Alan Greenspan
doctor thats a jay powell doctrine is forget all rule of law for people with a lot of cash from the fed. In terms of fighting the fed and this war with the fed and this war with economics and
Business Cycles
for example. Were in this sort of benign totalitarianism is where they dont have to lock up short sellers for example remember during the financial crisis it always emerged that emerged in europe and the u. K. And the
United States
were going to ban short selling because the short sellers i. E. Those taking a bet against the markets are the ones causing this well they dont even have to do that anymore they dont have to threaten to arrest anybody or ban anything or throw people in prison they do it themselves because theyve been trained through years of abuse and that is nobody is short short sales and the s. P. D. Are s. And p. 500 e. T. F. Trust known by its ticker s. P. Y. As a percentage of shares outstanding fell to 1 point one percent last tuesday thats the lowest level since january 28th seen before the event known as volley get and sent stocks swooning thats the collapse in
Short Interest
so things are heating up we have these trade wars we have these hot wars in the middle east and of course people know thats when the fed is going to punch you hard if you dare do anything like sell off stocks or buy gold or anything that will look jeopardize their their their one indicator that they care about thats their red line is the stock market price right where we got rid of the top tick rule which dramatically altered the whole short selling industry and the point is not that our stocks are expensive our short sellers and our this is the stock trading at all time highs that is in consequential the point as weve been saying for ears now is that everythings being taken private with all of the free money given to them from the fed and were entering neo feudalism. Feudalism. Feudalism just the period that were entering in act 2 of kaiser report the musical coming to broadway soon it will all be about neil feudalism how you start off in the middle class under eisenhower after world war 2 and. Build yourselves all kinds of homes out there in the suburbs and you got a job and one guy the husband to go make a living for the whole family and you go go to
Ivy League School
and youve made more than your fathers because its. Feudalism. Feudalism thanks youve destroyed america right oh im just going to quickly look at one chart and then move on to the next this is just from 0 hedge and an article actually about
Morgan Stanley
where theyre saying dont fight the fed its not worth that
Central Banks
liquidity surge could push s. And p. 500 to 3500
Morgan Stanley
had actually predicted the s. And p. 500 would go to 30 to 50 by the end of 2020 it went there in the 1st week or 2 of 2020 so that blew it away and theres a direct correlation and each time the markets were down like that little blurb there back in november 21000 well its because the feds
Balance Sheet
shrank a little bit that week so those were people you know the fed controls what happens right now even
Morgan Stanley
is saying that who has been the beneficiary of the largest of the
Federal Reserve
i may add back in 2008 but again heres another sign that. People have been turned into dough sile sort of totalitarian state citizens like you see that in north korea they dont know how to question their leader because they dont know of anything else here they are trained to respond to the fed and what is happening the explosion and passive index funds so every if youre not going to fight the fed might not just join it just dump your money and to a passive index dont become a
Value Investor
dont be an active investor dont look for things like earnings and
Growth Potential
thats ridiculous right dont be trying to be like
Warren Buffett
any more even hes like sitting on over 125000000000 in cash because he still has his old notion of like looking for value and he doesnt find any so he sits there in cash and the meantime the ordinary investor is pouring into index funds index funds breakthrough 10 trillion dollars in assets mark amid active exodus relentless rise of passive investing has transformed the business of managing assets keep in mind in america
Life Expectancy
is down and for mortality is up and the spread between the richest and poorest is widening like youd expect in the middle ages during feudal times look in
San Francisco
in los angeles you can see whats happening right now particularly in
San Francisco
youve got a
Huge Population
the halmos people who are developing medieval diseases theyre getting typhus and other types of diseases diseases and clothing dupatta playing which i havent seen in hundreds of years so i would predict in the next year or so tim cook over there at apple and others will start erecting these huge walls and outside of the wall be a huge moat and thatll be the erect castles theyll be genuine castles in
San Francisco
los angeles in in new york surrounded by moats filled alligators and sharpshooters and guns and all the disenfranchised serfs out there that messed over by the fed because they engineer this you know if you. Well be out in the no mans land fighting for rats food cooking rats up and possums trying to survive i say go along alligators now get it was cheap because theres going to be huge demand for it but again you know this this cycle of like what came 1st the chicken or the fed and theyre in a. Mutually assured destruction at this point so people are pouring money into these passive index funds are just passive speculators and not investors because they dont even know what theyre investing in theyre just like throwing money at an index theyre not like you know
Warren Buffett
so there is no discipline in the markets them everybody is just following the fed theyre expecting the fed to keep things going up their. Companies like
Something Like
40 percent of the companies in the s. And p. 500 are essentially zombies i saw a data point out this past week where 40 only 43 percent only 43 percent of companies in the s. And p. 500. 00 even reported any r. And d. Costs at all so theyre not
Even Research
and develop and theres no investment in the future theres no cap ex this is tolls zombie and just. You know fighting alongside the fed but at the end of the day ultimately one point you know we might realize its like you know that trojan horse this entire economy is a trojan horse in order to get an essential a a command and control system which will disintegrate rapidly oh yeah you know passive investing is like the last choppers leaving saigon right you know the u. S. Lost the war in vietnam you had those choppers in saigon leaving and people clinging to the rails like who would assume musubi the camera loses also do or theyre going to kill me. Right so investing in passive in fast passive funds are like the hyperinflation thats happening in
Health Care Education
and every aspect of the economy that is not imported from slave wages in china as ricky gervaiss pointed out is going up 102030 percent a year its completely obliterating the middle class and theyre saying i want to be going to passive investing fund so that i dont go build up by the camera rouge take me in the shop rather saw i go right ive seen this in the seventys i lived during the seventys. Boomer. Boomer and then when the genex sorry but nothing left for you i might want to add i think you mean the viet cong rather than keep. Close enough going you know and then oil and cambodia cameras right then fields right now right next door to same you know a group of angry disenfranchised kissinger financer kissinger obliterated sort of situation but finally i want to quickly look at this chart here global trade growth is inversely related to the overall strength of the dollar which is a remarkable again there are no cycles theres only the fed dont fight the fed because this is what the fed does to you trade goes up when the dollar is down trade goes down when the dollar is up its that simple and the fed and our policies control a lot of right the dollar is a proxy for global stupidity how why china. Russia
Europe Germany
france argentina why they own dollars and buy dollars its a proxy for stability. By bitcoin. End goal. Were going to take a break when we come back much more coming your way. And were going to fulfill the repeated promises of politics to the people and come on you know we its all bots to. Be. Pretty. Pretty there bertha now you want to 1st correct that. Note. For the cut. Join me every thursday on the alex simon show and ill be speaking to guests of the world of politics sports business im show business ill see you then. Descriptions sound appetizing even for the owners so how to choose head. Good industry is telling us what to feed our pets really more based on what they want to sell us than whats necessarily good for the pet turns out and may not be as healthy as people believe we have animals that have you know diabetes in arthritis and they have auto immune disorders that can allergies we are actually creating these problems its a huge epidemic of problems all of them i believe can be linked to fairy simple problem of diet and some dog orders so heartbreaking stories about their pets last treats the larger corporations are not very interested in proving or disproving the value of their food because theyre already making a 1000000000. 00 on it and theres no reason to do that research. You are no offense but youre no longer a young woman in fact you are one of the last living survivors of the nazi ellis asked am aware of it. All you like. And you can never forget they are gone now auschwitz was really like to be inhaled close you would never believe it was a human ghetto to have as a hobbit a course for 30 years of over to the curb it it all seemed so a lot offered by you if i was. Right when i get out on the farm saw you know what. Makes the place and hopefully bless her. Welcome back to the report im max keyser time now to go to korea campi of the 2 f. Models report dot com check out the website for some 2020 action predictions for a catholic setter its actually craig welcome back max its always a pleasure happy new year lets talk gold the drum beat so war with iran cause golda skyrocket above 1600. 00 briefly before peace was declared standing gold back around 1550. 00 how important technically is this 1550. 00 price kreg its a very important level for the after one school ringback peaked out in 2000 lebanon came down and then went sideways for about a year and a half 1550. 00 on a weekly basis was very important support for about 19 months and it was just 50 that was wiped out on friday april 12th 2013 and monday april 15th 2013 down 200 bucks wipe that level out weve been below it ever since whats most 7 years now this is the 2nd week in a row weve closed above that level technically thats important but i want to stress though because there was a lot of talk here once the war stuff kind of simmer down the gold had only been going up as like a safe haven thats not true at all gold was up 3 percent from december 20th to january the 2nd before the stolen money assassination raid attack whatever so it was a 8 a half percent from december night through january 22nd so metals were moving for good reason and they were looking ahead all the
Central Bank Activity
and
Everything Else
thats coming up this year it wasnt just a reaction to see the play thats important for people to remember from reading that billionaires and multimillionaires are hoarding gold in record amounts are building safe bunkers in their basements in the hamptons and theyre filling it with gold bricks this is happening. All over the world people are sensing that the safehaven play of gold is upon us and that the days of the dollar could be coming to a close what about the fundamentals of gold krag what about something other than just technicals driving the price higher what do you say on the supply demand the more the fundamental side thats the dichotomy max that seems to get wider every year you mention
High Net Worth
individuals goldman had a big report about that back in december all the demand for gold getting taken off grid out of the banks hands let me lay this what on 2018 the global
Central Banks
bought 651 metric tons of gold that was a most since 1989 the year after the london gold will fail and then in 2019 it appears they topped that at 670. 00 metric tons thats physical metal getting taken out of the banks hands while the same time the way the stuff is priced through futures trading the open interest on the comix went up by over 300000 contracts which means the banks created about a 1000 metric tons of paper goal so there is this widening gap between actual physical demand and then this paper supply if that can stretch the system far enough things could really get interesting but for now. You know an interesting to say opportunity. You understand how that works to maybe make some interesting forecast and prepare for you know kind of end game that maybe those elites are talking about against other major currencies gold already making new all time highs just about every other currency out there in the world gold making new all time highs but not against the dollar and the fall money you know incident of of recent time has proven that the u. S. Is the sole had germany in the world that it can do pretty much anything it wants no other country has much in terms of recourse and as long as the empire is intact then the empire can act unilaterally blow people out of the sky what not without any repercussions i dont see it and in response the rest of the world buys a dollars you know that its like that old saying the beatings will continue until morale improves well now the america says to the world our bombings will continue until you stop buying the dollar and they dont get the message they keep buying dollars so i think on the macro scale i dont see a big change there the rest the world cowers at the foot of america and that will keep the price of gold from hitting new all time highs against the dollar any time soon i think this year maximum we already had the best gains since 2010 encounter your 2001000 which you know every time we we met and talked in 2900 thats when we forecast we thought that to be a good year i did you know i wouldnt expect gold to skyrocket this year absent you know some major crisis but if we keep moving higher it at once or both 1551650. 00 becomes a dollar target maybe even 750. 00 it is important otoh if you did that gold has made a new all time highs in almost every other major currency so in a sense you kind of feel like the dollar is eventually going to get there too but if google keeps turning higher and silver keeps trending higher i think it opens up the door to some money making some feel good making possibilities if youre. Actually the oddest of all d places thats mining shares which is just i mean a terrible place to have your money for the last 6 or 7 years you want to trade make some cash mining shares might be the place to be because if the
Global Asset Managers
you know the institutions the hedge funds even the
Central Banks
like the
Swiss National
bank if they start looking at the sector seeing the gains in the metals seeing the shares in their indices start to break out and be a lot of money flowing through a very small connel into a limited amount of
Investment Opportunities
and so i theres probably a better opportunity make gains in 2020 and actually in the mining shares and there is in the axis of all the problem with gold mining is that it doesnt scale very well when you compare to what you can get in alphabet the
Parent Company
google or apple or tesla even or facebook you know they just add a couple of servers and theres another 5000000. 00 customers and the cost of scaling is miniscule and theyre welded into the u. S. Pentagon as is the case with amazon they have a guaranteed contract pipe flow due to all the work they do for the pentagon and those the companies are getting bigger and bigger you know becoming trillion
Dollar Companies
to do a goldmine if gotta hire workers you gotta buy huge excavating machines the got to dig youve got to refine youve got a whole lot of mercury and acid in there to get it out you know the margins in gold mining are terrible what it compared to the weightless
Digital Economy
that were in now but i mean i understand that they are a leveraged play on gold but the money flow is going to people like elon musk you know elon musk even though the company is that 80000000000. 00 or so twice is bigger than the 2 other
Alan Greenspan<\/a> before there was the fed fighting the investor speculator class so now they they whatever every time theres bad news is always when markets soar the most right well dont forget eric holder tim geithner member in 2008 they came out with the holder doctrine so about moral hazard they institutionalized moral hazard they said every time you banks commit fraud every time jamie diamond commit fraud we are going to cut those laws out of the books were going to eliminate laws against financial fraud whenever you commit fraud oh by the way. Jamie diamond by citibank or
Travelers Corp<\/a> of violates class stable oh well well just get rid of glass steagall to accommodate jimmy jimmy because us eric holder dr and thats the jimmy geitner doctor and thats the ben bernanke you doctor and thats the
Alan Greenspan<\/a> doctor thats a jay powell doctrine is forget all rule of law for people with a lot of cash from the fed. In terms of fighting the fed and this war with the fed and this war with economics and
Business Cycles<\/a> for example. Were in this sort of benign totalitarianism is where they dont have to lock up short sellers for example remember during the financial crisis it always emerged that emerged in europe and the u. K. And the
United States<\/a> were going to ban short selling because the short sellers i. E. Those taking a bet against the markets are the ones causing this well they dont even have to do that anymore they dont have to threaten to arrest anybody or ban anything or throw people in prison they do it themselves because theyve been trained through years of abuse and that is nobody is short short sales and the s. P. D. Are s. And p. 500 e. T. F. Trust known by its ticker s. P. Y. As a percentage of shares outstanding fell to 1 point one percent last tuesday thats the lowest level since january 28th seen before the event known as volley get and sent stocks swooning thats the collapse in
Short Interest<\/a> so things are heating up we have these trade wars we have these hot wars in the middle east and of course people know thats when the fed is going to punch you hard if you dare do anything like sell off stocks or buy gold or anything that will look jeopardize their their their one indicator that they care about thats their red line is the stock market price right where we got rid of the top tick rule which dramatically altered the whole short selling industry and the point is not that our stocks are expensive our short sellers and our this is the stock trading at all time highs that is in consequential the point as weve been saying for ears now is that everythings being taken private with all of the free money given to them from the fed and were entering neo feudalism. Feudalism. Feudalism just the period that were entering in act 2 of kaiser report the musical coming to broadway soon it will all be about neil feudalism how you start off in the middle class under eisenhower after world war 2 and. Build yourselves all kinds of homes out there in the suburbs and you got a job and one guy the husband to go make a living for the whole family and you go go to
Ivy League School<\/a> and youve made more than your fathers because its. Feudalism. Feudalism thanks youve destroyed america right oh im just going to quickly look at one chart and then move on to the next this is just from 0 hedge and an article actually about
Morgan Stanley<\/a> where theyre saying dont fight the fed its not worth that
Central Banks<\/a> liquidity surge could push s. And p. 500 to 3500
Morgan Stanley<\/a> had actually predicted the s. And p. 500 would go to 30 to 50 by the end of 2020 it went there in the 1st week or 2 of 2020 so that blew it away and theres a direct correlation and each time the markets were down like that little blurb there back in november 21000 well its because the feds
Balance Sheet<\/a> shrank a little bit that week so those were people you know the fed controls what happens right now even
Morgan Stanley<\/a> is saying that who has been the beneficiary of the largest of the
Federal Reserve<\/a> i may add back in 2008 but again heres another sign that. People have been turned into dough sile sort of totalitarian state citizens like you see that in north korea they dont know how to question their leader because they dont know of anything else here they are trained to respond to the fed and what is happening the explosion and passive index funds so every if youre not going to fight the fed might not just join it just dump your money and to a passive index dont become a
Value Investor<\/a> dont be an active investor dont look for things like earnings and
Growth Potential<\/a> thats ridiculous right dont be trying to be like
Warren Buffett<\/a> any more even hes like sitting on over 125000000000 in cash because he still has his old notion of like looking for value and he doesnt find any so he sits there in cash and the meantime the ordinary investor is pouring into index funds index funds breakthrough 10 trillion dollars in assets mark amid active exodus relentless rise of passive investing has transformed the business of managing assets keep in mind in america
Life Expectancy<\/a> is down and for mortality is up and the spread between the richest and poorest is widening like youd expect in the middle ages during feudal times look in
San Francisco<\/a> in los angeles you can see whats happening right now particularly in
San Francisco<\/a> youve got a
Huge Population<\/a> the halmos people who are developing medieval diseases theyre getting typhus and other types of diseases diseases and clothing dupatta playing which i havent seen in hundreds of years so i would predict in the next year or so tim cook over there at apple and others will start erecting these huge walls and outside of the wall be a huge moat and thatll be the erect castles theyll be genuine castles in
San Francisco<\/a> los angeles in in new york surrounded by moats filled alligators and sharpshooters and guns and all the disenfranchised serfs out there that messed over by the fed because they engineer this you know if you. Well be out in the no mans land fighting for rats food cooking rats up and possums trying to survive i say go along alligators now get it was cheap because theres going to be huge demand for it but again you know this this cycle of like what came 1st the chicken or the fed and theyre in a. Mutually assured destruction at this point so people are pouring money into these passive index funds are just passive speculators and not investors because they dont even know what theyre investing in theyre just like throwing money at an index theyre not like you know
Warren Buffett<\/a> so there is no discipline in the markets them everybody is just following the fed theyre expecting the fed to keep things going up their. Companies like
Something Like<\/a> 40 percent of the companies in the s. And p. 500 are essentially zombies i saw a data point out this past week where 40 only 43 percent only 43 percent of companies in the s. And p. 500. 00 even reported any r. And d. Costs at all so theyre not
Even Research<\/a> and develop and theres no investment in the future theres no cap ex this is tolls zombie and just. You know fighting alongside the fed but at the end of the day ultimately one point you know we might realize its like you know that trojan horse this entire economy is a trojan horse in order to get an essential a a command and control system which will disintegrate rapidly oh yeah you know passive investing is like the last choppers leaving saigon right you know the u. S. Lost the war in vietnam you had those choppers in saigon leaving and people clinging to the rails like who would assume musubi the camera loses also do or theyre going to kill me. Right so investing in passive in fast passive funds are like the hyperinflation thats happening in
Health Care Education<\/a> and every aspect of the economy that is not imported from slave wages in china as ricky gervaiss pointed out is going up 102030 percent a year its completely obliterating the middle class and theyre saying i want to be going to passive investing fund so that i dont go build up by the camera rouge take me in the shop rather saw i go right ive seen this in the seventys i lived during the seventys. Boomer. Boomer and then when the genex sorry but nothing left for you i might want to add i think you mean the viet cong rather than keep. Close enough going you know and then oil and cambodia cameras right then fields right now right next door to same you know a group of angry disenfranchised kissinger financer kissinger obliterated sort of situation but finally i want to quickly look at this chart here global trade growth is inversely related to the overall strength of the dollar which is a remarkable again there are no cycles theres only the fed dont fight the fed because this is what the fed does to you trade goes up when the dollar is down trade goes down when the dollar is up its that simple and the fed and our policies control a lot of right the dollar is a proxy for global stupidity how why china. Russia
Europe Germany<\/a> france argentina why they own dollars and buy dollars its a proxy for stability. By bitcoin. End goal. Were going to take a break when we come back much more coming your way. And were going to fulfill the repeated promises of politics to the people and come on you know we its all bots to. Be. Pretty. Pretty there bertha now you want to 1st correct that. Note. For the cut. Join me every thursday on the alex simon show and ill be speaking to guests of the world of politics sports business im show business ill see you then. Descriptions sound appetizing even for the owners so how to choose head. Good industry is telling us what to feed our pets really more based on what they want to sell us than whats necessarily good for the pet turns out and may not be as healthy as people believe we have animals that have you know diabetes in arthritis and they have auto immune disorders that can allergies we are actually creating these problems its a huge epidemic of problems all of them i believe can be linked to fairy simple problem of diet and some dog orders so heartbreaking stories about their pets last treats the larger corporations are not very interested in proving or disproving the value of their food because theyre already making a 1000000000. 00 on it and theres no reason to do that research. You are no offense but youre no longer a young woman in fact you are one of the last living survivors of the nazi ellis asked am aware of it. All you like. And you can never forget they are gone now auschwitz was really like to be inhaled close you would never believe it was a human ghetto to have as a hobbit a course for 30 years of over to the curb it it all seemed so a lot offered by you if i was. Right when i get out on the farm saw you know what. Makes the place and hopefully bless her. Welcome back to the report im max keyser time now to go to korea campi of the 2 f. Models report dot com check out the website for some 2020 action predictions for a catholic setter its actually craig welcome back max its always a pleasure happy new year lets talk gold the drum beat so war with iran cause golda skyrocket above 1600. 00 briefly before peace was declared standing gold back around 1550. 00 how important technically is this 1550. 00 price kreg its a very important level for the after one school ringback peaked out in 2000 lebanon came down and then went sideways for about a year and a half 1550. 00 on a weekly basis was very important support for about 19 months and it was just 50 that was wiped out on friday april 12th 2013 and monday april 15th 2013 down 200 bucks wipe that level out weve been below it ever since whats most 7 years now this is the 2nd week in a row weve closed above that level technically thats important but i want to stress though because there was a lot of talk here once the war stuff kind of simmer down the gold had only been going up as like a safe haven thats not true at all gold was up 3 percent from december 20th to january the 2nd before the stolen money assassination raid attack whatever so it was a 8 a half percent from december night through january 22nd so metals were moving for good reason and they were looking ahead all the
Central Bank Activity<\/a> and
Everything Else<\/a> thats coming up this year it wasnt just a reaction to see the play thats important for people to remember from reading that billionaires and multimillionaires are hoarding gold in record amounts are building safe bunkers in their basements in the hamptons and theyre filling it with gold bricks this is happening. All over the world people are sensing that the safehaven play of gold is upon us and that the days of the dollar could be coming to a close what about the fundamentals of gold krag what about something other than just technicals driving the price higher what do you say on the supply demand the more the fundamental side thats the dichotomy max that seems to get wider every year you mention
High Net Worth<\/a> individuals goldman had a big report about that back in december all the demand for gold getting taken off grid out of the banks hands let me lay this what on 2018 the global
Central Banks<\/a> bought 651 metric tons of gold that was a most since 1989 the year after the london gold will fail and then in 2019 it appears they topped that at 670. 00 metric tons thats physical metal getting taken out of the banks hands while the same time the way the stuff is priced through futures trading the open interest on the comix went up by over 300000 contracts which means the banks created about a 1000 metric tons of paper goal so there is this widening gap between actual physical demand and then this paper supply if that can stretch the system far enough things could really get interesting but for now. You know an interesting to say opportunity. You understand how that works to maybe make some interesting forecast and prepare for you know kind of end game that maybe those elites are talking about against other major currencies gold already making new all time highs just about every other currency out there in the world gold making new all time highs but not against the dollar and the fall money you know incident of of recent time has proven that the u. S. Is the sole had germany in the world that it can do pretty much anything it wants no other country has much in terms of recourse and as long as the empire is intact then the empire can act unilaterally blow people out of the sky what not without any repercussions i dont see it and in response the rest of the world buys a dollars you know that its like that old saying the beatings will continue until morale improves well now the america says to the world our bombings will continue until you stop buying the dollar and they dont get the message they keep buying dollars so i think on the macro scale i dont see a big change there the rest the world cowers at the foot of america and that will keep the price of gold from hitting new all time highs against the dollar any time soon i think this year maximum we already had the best gains since 2010 encounter your 2001000 which you know every time we we met and talked in 2900 thats when we forecast we thought that to be a good year i did you know i wouldnt expect gold to skyrocket this year absent you know some major crisis but if we keep moving higher it at once or both 1551650. 00 becomes a dollar target maybe even 750. 00 it is important otoh if you did that gold has made a new all time highs in almost every other major currency so in a sense you kind of feel like the dollar is eventually going to get there too but if google keeps turning higher and silver keeps trending higher i think it opens up the door to some money making some feel good making possibilities if youre. Actually the oddest of all d places thats mining shares which is just i mean a terrible place to have your money for the last 6 or 7 years you want to trade make some cash mining shares might be the place to be because if the
Global Asset Managers<\/a> you know the institutions the hedge funds even the
Central Banks<\/a> like the
Swiss National<\/a> bank if they start looking at the sector seeing the gains in the metals seeing the shares in their indices start to break out and be a lot of money flowing through a very small connel into a limited amount of
Investment Opportunities<\/a> and so i theres probably a better opportunity make gains in 2020 and actually in the mining shares and there is in the axis of all the problem with gold mining is that it doesnt scale very well when you compare to what you can get in alphabet the
Parent Company<\/a> google or apple or tesla even or facebook you know they just add a couple of servers and theres another 5000000. 00 customers and the cost of scaling is miniscule and theyre welded into the u. S. Pentagon as is the case with amazon they have a guaranteed contract pipe flow due to all the work they do for the pentagon and those the companies are getting bigger and bigger you know becoming trillion
Dollar Companies<\/a> to do a goldmine if gotta hire workers you gotta buy huge excavating machines the got to dig youve got to refine youve got a whole lot of mercury and acid in there to get it out you know the margins in gold mining are terrible what it compared to the weightless
Digital Economy<\/a> that were in now but i mean i understand that they are a leveraged play on gold but the money flow is going to people like elon musk you know elon musk even though the company is that 80000000000. 00 or so twice is bigger than the 2 other
Biggest Car Companies<\/a> in america combined its not its not that big when he compared to apple right apples 1. 3 trillion. Dollars and elon musks company is only worth reich 80 or 90000000000 so hes got a long way to go to catch up to apple and why not he is reinventing the globe just like steve jobs dead well thats all true max no doubt about it but i i think theres opportunity in those shares though as people diversify i mean the global
Asset Allocation<\/a> of the sector the
Precious Metals<\/a> sector is less than one percent i mean if it goes to 2 percent which is still under the historical norm thats a doubling of the amount of cash and so you look at ah what what does a net an asset manager look like some look at
Something Like<\/a> nuance big big miner their earnings are growing 34. 00 times versus year over year and they pay a 2. 4 percent dividend and that beats the heck out of the 10 year treasury so i you know im not you know if the market keeps going up the central bank keeps like in this cash i mean what that the fed increase or
Balance Sheet<\/a> all the way back up over 4 trillion in the last quarter means that cash going to float around the planet im sure apple and tesla in the rest will keep going up but i think offer diversification we could see a rush of cash into the
Mining Sector<\/a> and if the g. E. Actually goes from 30 to 50 thats pretty good move you know so anyway where the story is i think the fed keeps kryten cash the e. C. B. Keep printing cash theyre monetizing the debt direct around almost directly through one extra step theyre directly monetizing the debt theres no other way theyre going to have money cash to fund the government deficits and all the
Everything Else<\/a> that goes with it so i think that continues this year i think the metals continue trending higher and anybody waiting for like some major debt to buy is going to be just right you mentioned g. D. X. There just to point out that t. D. X. Is an
Exchange Traded<\/a> fund it covers a group of mining stocks t. D. X. J. Is a similar except it has more of the junior mining stocks and then theres one with the
Ticker Symbol<\/a> as i al was cover these. Over
Mining Sector<\/a> so these are all ways for people to diversify into the
Mining Sector<\/a> instead of trying to pick individual winners in the
Mining Sector<\/a> you might have the grapes and greatest. Play on gold and silver ever but if youre in the wrong company and that company runs into trouble you have missed the bull market so the the best way to do it is to play the play in the e. T. F. Market i would agree with you on on that and roughly one percent of the globes assets theres about 100. 00 trillion dollars of investable assets around the world in
Family Offices<\/a> and
High Net Worth<\/a> individuals and for a one k. Plans and
Charles Schwab<\/a> accounts about one percent of that money is in gold believe it last i checked is that currently the situation and all we have to see is that to move to 2. 00 or 3 percent crag and gold would very quickly get to 2500. 00 an ounce and u. S. Dollars greg thats just it max i mean is it youve any good you know oranges you know you name it if you get a vast amount of increasing amount of money chasing a finite amount of goods the price goes up i mean thats econ want to 1. 00 so i just you know again yes a trillion dollars you go from one percent to 2 percent thats a trillion dollars coming into the sector in which half of that 500000000000. 00 would basically have the entire sector of the whole g x o g x. G. L. D. I mean all that stuff so thats what i expect i think we get a point this year once it becomes clear that the shares are breaking out that theyre just a big rush of cash into the sector people just looking for precious metal in all their forms as a hedge as whatever they get makes for a big year so i dont i just i think people need to recognize what happened last week understand that the metals are already moving for a whole different set of circumstances before the geopolitical stuff kind of perked up the geopolitical stuff going to underpin the market all year now and i think this makes for a. Going to environment for the crush just to reiterate that point the market capitalization of facebook is roughly 500000000000 so youre saying for the market capitalization of facebook one company you could own the entire
Mining Sector<\/a> the entire the entire sector exactly right thats what i mean crying out loud thats just screaming
Investment Opportunity<\/a> and so look you know were all waiting for the world end but gosh this could be a really good year for people makes it sounds like a novice cust all song anyway we got to go craig happy thanks for being on the kaiser report my pleasure max well thats going to do it for this episode of the cars report with me max kaiser and
Stacy Herbert<\/a> like to thank our guest craig hamp gay of the t. F. Metals report dot com if you want to catch us on twitter its kaiser report until next time. You are no offense but you no longer a young woman in fact you are one of the last living survivors of the nazi yeah. Im aware of it. Leave for a day. All your life. And you can never forget there are no auschwitz was really like to be inhaled because you would never believe it. Its due to as big a course for 32 years of over the curb it. Seems so logical for you to make it. When i get out on the farm saw you oh well you take more song to her next to you so he can listen and hopefully bless her. On a spaceflight you literally leave all your problems behind you fly honey and above everyone and everything until you see. Any and all borderlines on earth disappear you see that up planet is not as were taught in schools with
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Food Industry<\/a> is telling us what to feed our pets really more based on what they want to sell us than was necessarily good for the pet turns out that food may not be as healthy as people believe we have animals that have you know diabetes in arthritis they have auto immune disorders allergies we are actually creating these problems its a huge epidemic of problems all of them i believe can be linked to very simple problem of diet and some dog owners tell heartbreaking stories about their pets less treats a larger corporations are not very interested in proving or disproving the value of their food because theyre already making a 1000000000. 00 on it and theres no reason to do that research. That up at up. Last august. Right now. The russian president appoints a former tax chief. Of the countrys new
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