Transcripts For RT Keiser Report 20240713 : vimarsana.com

Cleaning substances dont apply to Financial Products even though they should because many of them are hazardous to your health because theyre poorly constructed and theyre full of toxins but anyway well get more into that as time goes on stacy max we are going to talk to the audience out there about the ghouls of financialization now everybody in the u. S. Media and especially from the resistance sort of left or mocking trump for saying the crazy thing you know maybe we can inject disinfectants into americans in order to help them recover from coronavirus a covert 19 so while they were laughing at them the very same day they were laughing at john for saying that they announced this why didnt anyone wait until the official nomination to bring in the ghouls yes thats Larry Summers advising Biden Campaign on economic recovery just a reminder that summers in 1901 of running the World Bank Issued a memo saying that we should dump our toxic waste from the west developed nations onto the least developed nations to those who cant fight back because they dont have the you know the wealth or the sophistication to appreciates how toxic waste can ruin their environment they dont understand beauty like somebody like Larry Summers he also was instrumental in passing the commodity futures modernization act which legalized gambling turned derivatives into a giant pile of risk that could be done tons of Pension Funds because allegedly theyre sophisticated enough to. Extend the toxic risk they are taking for their Pension Funds in members and then he also got rid of glass steagall by helping to pass the gram leach bliley act which removed the separation between investment and commercial banks so this is that guy that biden is now bringing in to help with the economic recovery like any ghoul would want to help with any recovery they feast of corpses this was an attempt to keep a wall between the most reckless of speculators on wall street and the banks that hold peoples money was these laws that were in place for a long long time and then he was able to get rid of those laws and get rid of those barriers which opened the floodgates of the predatory and reckless speculators into the Banking System they made many many a one off the charts risky bets that last which then resulted in huge bailout and the destruction of the economy the glass steagall had been in place after the crash of 29 put another barrier between the worst elements and finance the most reckless speculators and your money your savings he decided no we want to be able to use peoples savings as our collateral to engage in a wild speculation like Long Term Capital Management would never have existed and that and the destruction of Long Term Capital Management the destruction of enron enrons evisceration and disappearance world com disappearing in a heartbeat thats all thanks to Larry Summers getting rid of all barriers between the worst predatory financier earth and your money and of course the response by other people like nugent treasury secretary who is kind of a disciple of larry suppers is to simply again pay no attention to the rule of law and to just take out an enormous pitchfork and shovel money into their friends. Markets as fast as possible you mention and ron and of course Larry Summers was friends with those sort of guys can lay all these big brains member they believe theyre so smart and so much better than everybody else ken lay was the. You know the previous guy to Geoffrey Epstein who was also a friend of Larry Summers who under federal custody mysteriously died and all their case disappeared and their wealth for me to intact so when he was under bill clinton as then deputy secretary of the treasury summers testified before the us congress on july 30th 1908 about the commodities futures modernization act and remember this was basically legalizing total gambling and derivatives and the explosion of the derivatives that we had the parties to these kinds of contracts are largely sophisticated Financial Institutions he argued that would appear to be eminently capable of protecting themselves from fraud and counterparty insolvency is lets talk about what the commodity futures modernization act of eval that enabled sophisticated wall street financier to package call of their risk and to dump it into pension accounts so pension a town start either underfunded or they get raided in the various hostile raids but the toxic dump where these ghouls come out of this toxic dump think of the ph the teachers pension account or the firemans pension account or the unions Public Workers pension accounts as a swamp of risk that were these ghouls like Larry Summers come out like godzilla or some the thing or the blob and every couple years theyre theyre pulled out of the swamp of risk and theyre given a new job here joe biden was given a new job and so this blob Larry Summers just excluding risk and kind of like the line is that back in place to create more financial terrorism and its quite sad remember also what we saw with the primaries for 2020 was that joe biden has no support whatsoever from the mining else anybody 40 and under so. Here is that risk because remember Larry Summers how he operated as when he was at the world bank in 1901 he did that famous memo on december 12th 1901 where he said that we need to ship more of this toxic waste that is costing you know the developed countries like europe and america its costing us so much money to have to get rid of this waste why not just sent it to the least developed nations like latin america and africa so hes already got this in his mindset of how to get rid of the risk onto somebody who cant fight it right who doesnt have the power or the agency to fight it well 3 catastrophes in 20 years are hammering millennial finances so these 3 catastrophes followed on bill clinton Larry Summers robert rubin the financial is the ghoulish financialization that they impose so you have the dot com crash you have the 2008 crash and now you have this 2020 crash and massive bailouts the ones now are happening when millennial are 40 the one before that was when they were 30 and the one before that the dot com crash was just when they were turning 1020 and graduating from university well let me explain how very simple way the pension fund of the passive money and losing money in kind of inheriting or being subjected to massive risk toxic risk thanks to Larry Summers and thanks to the laws that he had changed or the new laws that he brought him so i mean i worked on wall street for many years and i have observed this many times very simply. A trader at a wall street bank makes a highly speculative trade but they do not give an account number for that trade its done in street name. They waited a day or 2 or 3. And if the trade is profitable all then they supply the account number which happens to be one of their friends if it fact its a massive loss then they supply the account number and its that it its a pension fund. And the records look like the account number was given upon execution but thats not what happened and thats call parking a trade its illegal but with thanks to Larry Summers the way to track whether thats going on or not the mechanics of Regulatory Oversight or a are made opaque. To the point where the there they are rendered impotent so that means this is how j. P. Morgan remember last year i believe they reported 90 or 100. 00 Straight Days of straight profitable trades without a down day that was a clear example of whats called a look back trade to use the professional parlance the binocular of a wall street financial terrorist they simply take the winning trades and give the losing trades to typically a pension fund who is run by a very low level person that has no agency as you point out so many of these Pension Funds they cant understand why their performance is so horrible. But they dont have the ability to actually own challenge there are these weapons of mass financial destruction as Warren Buffett called so just so you understand why our system is so toxic why does ghouls and financialization rule the world why we have this messed up system with trillions and trillions and trillions and trillions and trillions dollars a bailout chileans of dollars for bailouts for those that are friends and so so smart like Larry Summers right the smart guys because commodity futures modernization act because of glass steagall risk and reward was able to be separated obviously with options 2 in the black and sold options formula so they were able to separate risk and reward and this thinking that Larry Summers himself which he says was sarcastic but you know its the truth is that the risk should be dumped on to those who are not as smart as us not as good as us their reward should just be kept for those like us because were so smart without us the rest of the economy cant survive they need us thats why you have situations like this bailout for Small Businesses mom and pop it went j. P. Morgan gave it all to their super wealthiest clients and none went to their Small Business and clients write your message jeffrey have seen earlier i mean if you were to create a more ality index moralities. Well you know certainly he would be at the most reprehensible moral character is ghoulish ghoulish and reprehensible so on that that scale you would have to put very very close youd have to put a Larry Summers right next to Jeffrey Epstein on the more ality scale and jamie diamond and a Lloyd Blankfein as well thats really they occupy that that position on the reprehensible ghoulish morality scale that for some reason our Political Class keeps digging out of the ground digging out of the swamp and giving some fora tea and political position to continue their financial. The there there is jihad against america well its just pure ghoulishness their ghouls prey on the dead prey on the helpless prey on those who cant fight back prey on those who are not given agency these agencies have iras are put at the disposal of these sarasota Larry Summers who architected the system behind the scenes everybody you know these are the architects the Larry Summers the Jeffrey Epsteins the ken lays who are behind the scenes architect in the system and finally i want to say again here that the smartest guys in the room get bailed out all you idiots and imbeciles get all the toxic waste you will pay for their ballots or youll bail out treasury secretary Steven Nugent said hes considering creating a government Lending Program for Us Oil Companies Us Oil Companies who were so stupid that they kept losing money for 10 years and kept pouring money into what why stop with bailing out the oil industry that is dysfunctional why not also bail out the buggy whip industry and the ladys petticoat industry and the stake oil industry and everything and ringling brothers and barnum and bailey circus you know why not just bail out everything in the present and go back 300 years you get a freak steve begin to fear a. Driver taking a break when we come back much more coming your way. Is youll be via reflection of reality. In a world transformed. What will make you feel safe. Tyson nation full community. Are you going the right way or are you being led to. Direct. What is true what is faith. In the world corrupted you need to descend. To join us in the depths. Or remain in the shallows. Welcome back to the kaiser a for imax kaiser it is with great pleasure that i introduce my guests the big egg head top thinker Research Director and all around nice guy from gold money out the mccloud unfold exposure im an investor and gold money out there welcome back force an introduction yes you should put that on your twitter handle all ready well lets get into it time is short in your intelligence is vast so let us begin. Bank of america is calling for 3000. 00 gold by october of 2021 they blamed the Central Banks and said quote the fed cant print gold i think it was a statement of the o. P. s but if they really understood what they were talking about then they would understand that infinite printing bains an infinite price of gold or more correctly no price for gold measured in fish thats one thing that people i dont think quite understand they all as say well gold is quite volatile but in fact the gold price doesnt really move at all its maintain the same more or less purchasing power for thousands of years is the fear of money surrounding gold thats volatile what your thoughts on that i think what you say is absolutely right the mistake people make is they think gold is a such an investment or something to speculate with they dont understand that its money if they understood it was money then the attitude towards it would be completely different now donald trump got trouble recently because apparently he said during a press conference that people might want to take disinfectant as part of the covert d 19 infection and thats start of iran disinfectants and people started so you can buy them not sure about the why exactly looking at gold is a kind of a actually a disinfected against. A toxic Monetary System its certainly not proving to work in that respect because theyre printing regardless i mean the Central Banks are agreeing amongst themselves were talking about g said she said in level that all of them are going to print added for nice it doesnt matter what happens print print print and of course theyve also got to counteract contracting back credit because the bank of terrified of whats going on being asked by the Central Banks to just pos money through to cloud so again bust and this is a situation that ive seen folks they are becoming risk averse so not only have the Central Banks to prints enough money to get through to save everybody save the world but theyve also got to print the extra 2 if you like counteract the contraction of bank credits i mean it really is absolutely crazy its going to battle the money printing going out the central bank the Federal Reserve bank of america now has over 6 trillion dollars in assets that have no resale value theyre effectively worthless that they bought by frank thing up a fresh 6 trillion dollars so the 1st part of question as can they go to japan like levels of 100 percent of g. D. P. And that would mean 20. 00 to 22. 00 trillion dollars of printing number one and number 2 year recent post is titled anatomy of a fear of currency collapse will fear of money survive the covert 19. 00 pandemic of money printing what does the collapse the look like so the 1st part is can they get the point to china and the 2nd part is walk us through your recent essay 22 trillion easy pieces in fact again out to print a lot more not just to make up for d the payment failures in all the supply chains the supply chains total not just g. D. P. But all the into media steps towards a final product and youre really looking as a figure which is more in tune with. Grace output which is 38 trillion and thats just in the United States and it doesnt take account of the supply chains coming from outside the United States so i mean this is really infinity just in that one thing and the other thing which is jeff desperately important and this will lead through to the answer your 2nd question is that you can sum up the whole of Monetary Policy as being the paris if to keep Financial Assets from falling in value particularly the lead Financial Assets which of course are government bonds so this is something that john lord did 300 years ago or he tried to do and he failed so he only had one asset to keep up and that was his mississippi venture he printed lever a french lever hes a lever in order to sustain the price and eventually it failed this will fail because its not just 1. 00 security it is every Financial Security in the world the task is massive and the attempt to sustain value in things Financial Assets will destroy the currencies and i love the john locke comparison and anyone interested in this topic said it really explored john law and more recently a similar not quite the same would be what happened in iceland when the icelandic banks were printing essentially money to buy back their own shares ad infinitum and then they all in concert collapsed but you know we were talking about negative Interest Rates face of play and how that as an historical anomaly now and ever thought about doing this before it seemed crazy and yet it did exist and is an ongoing policy initiative well you know theres something new even more ridiculous some might argue and that would be a negative price on oil so Oil Prices Went negative which is just as toxic i would think as negative Financial Products<\/a> even though they should because many of them are hazardous to your health because theyre poorly constructed and theyre full of toxins but anyway well get more into that as time goes on stacy max we are going to talk to the audience out there about the ghouls of financialization now everybody in the u. S. Media and especially from the resistance sort of left or mocking trump for saying the crazy thing you know maybe we can inject disinfectants into americans in order to help them recover from coronavirus a covert 19 so while they were laughing at them the very same day they were laughing at john for saying that they announced this why didnt anyone wait until the official nomination to bring in the ghouls yes thats Larry Summers<\/a> advising Biden Campaign<\/a> on economic recovery just a reminder that summers in 1901 of running the World Bank Issued<\/a> a memo saying that we should dump our toxic waste from the west developed nations onto the least developed nations to those who cant fight back because they dont have the you know the wealth or the sophistication to appreciates how toxic waste can ruin their environment they dont understand beauty like somebody like Larry Summers<\/a> he also was instrumental in passing the commodity futures modernization act which legalized gambling turned derivatives into a giant pile of risk that could be done tons of Pension Funds<\/a> because allegedly theyre sophisticated enough to. Extend the toxic risk they are taking for their Pension Funds<\/a> in members and then he also got rid of glass steagall by helping to pass the gram leach bliley act which removed the separation between investment and commercial banks so this is that guy that biden is now bringing in to help with the economic recovery like any ghoul would want to help with any recovery they feast of corpses this was an attempt to keep a wall between the most reckless of speculators on wall street and the banks that hold peoples money was these laws that were in place for a long long time and then he was able to get rid of those laws and get rid of those barriers which opened the floodgates of the predatory and reckless speculators into the Banking System<\/a> they made many many a one off the charts risky bets that last which then resulted in huge bailout and the destruction of the economy the glass steagall had been in place after the crash of 29 put another barrier between the worst elements and finance the most reckless speculators and your money your savings he decided no we want to be able to use peoples savings as our collateral to engage in a wild speculation like Long Term Capital Management<\/a> would never have existed and that and the destruction of Long Term Capital Management<\/a> the destruction of enron enrons evisceration and disappearance world com disappearing in a heartbeat thats all thanks to Larry Summers<\/a> getting rid of all barriers between the worst predatory financier earth and your money and of course the response by other people like nugent treasury secretary who is kind of a disciple of larry suppers is to simply again pay no attention to the rule of law and to just take out an enormous pitchfork and shovel money into their friends. Markets as fast as possible you mention and ron and of course Larry Summers<\/a> was friends with those sort of guys can lay all these big brains member they believe theyre so smart and so much better than everybody else ken lay was the. You know the previous guy to Geoffrey Epstein<\/a> who was also a friend of Larry Summers<\/a> who under federal custody mysteriously died and all their case disappeared and their wealth for me to intact so when he was under bill clinton as then deputy secretary of the treasury summers testified before the us congress on july 30th 1908 about the commodities futures modernization act and remember this was basically legalizing total gambling and derivatives and the explosion of the derivatives that we had the parties to these kinds of contracts are largely sophisticated Financial Institutions<\/a> he argued that would appear to be eminently capable of protecting themselves from fraud and counterparty insolvency is lets talk about what the commodity futures modernization act of eval that enabled sophisticated wall street financier to package call of their risk and to dump it into pension accounts so pension a town start either underfunded or they get raided in the various hostile raids but the toxic dump where these ghouls come out of this toxic dump think of the ph the teachers pension account or the firemans pension account or the unions Public Workers<\/a> pension accounts as a swamp of risk that were these ghouls like Larry Summers<\/a> come out like godzilla or some the thing or the blob and every couple years theyre theyre pulled out of the swamp of risk and theyre given a new job here joe biden was given a new job and so this blob Larry Summers<\/a> just excluding risk and kind of like the line is that back in place to create more financial terrorism and its quite sad remember also what we saw with the primaries for 2020 was that joe biden has no support whatsoever from the mining else anybody 40 and under so. Here is that risk because remember Larry Summers<\/a> how he operated as when he was at the world bank in 1901 he did that famous memo on december 12th 1901 where he said that we need to ship more of this toxic waste that is costing you know the developed countries like europe and america its costing us so much money to have to get rid of this waste why not just sent it to the least developed nations like latin america and africa so hes already got this in his mindset of how to get rid of the risk onto somebody who cant fight it right who doesnt have the power or the agency to fight it well 3 catastrophes in 20 years are hammering millennial finances so these 3 catastrophes followed on bill clinton Larry Summers<\/a> robert rubin the financial is the ghoulish financialization that they impose so you have the dot com crash you have the 2008 crash and now you have this 2020 crash and massive bailouts the ones now are happening when millennial are 40 the one before that was when they were 30 and the one before that the dot com crash was just when they were turning 1020 and graduating from university well let me explain how very simple way the pension fund of the passive money and losing money in kind of inheriting or being subjected to massive risk toxic risk thanks to Larry Summers<\/a> and thanks to the laws that he had changed or the new laws that he brought him so i mean i worked on wall street for many years and i have observed this many times very simply. A trader at a wall street bank makes a highly speculative trade but they do not give an account number for that trade its done in street name. They waited a day or 2 or 3. And if the trade is profitable all then they supply the account number which happens to be one of their friends if it fact its a massive loss then they supply the account number and its that it its a pension fund. And the records look like the account number was given upon execution but thats not what happened and thats call parking a trade its illegal but with thanks to Larry Summers<\/a> the way to track whether thats going on or not the mechanics of Regulatory Oversight<\/a> or a are made opaque. To the point where the there they are rendered impotent so that means this is how j. P. Morgan remember last year i believe they reported 90 or 100. 00 Straight Days<\/a> of straight profitable trades without a down day that was a clear example of whats called a look back trade to use the professional parlance the binocular of a wall street financial terrorist they simply take the winning trades and give the losing trades to typically a pension fund who is run by a very low level person that has no agency as you point out so many of these Pension Funds<\/a> they cant understand why their performance is so horrible. But they dont have the ability to actually own challenge there are these weapons of mass financial destruction as Warren Buffett<\/a> called so just so you understand why our system is so toxic why does ghouls and financialization rule the world why we have this messed up system with trillions and trillions and trillions and trillions and trillions dollars a bailout chileans of dollars for bailouts for those that are friends and so so smart like Larry Summers<\/a> right the smart guys because commodity futures modernization act because of glass steagall risk and reward was able to be separated obviously with options 2 in the black and sold options formula so they were able to separate risk and reward and this thinking that Larry Summers<\/a> himself which he says was sarcastic but you know its the truth is that the risk should be dumped on to those who are not as smart as us not as good as us their reward should just be kept for those like us because were so smart without us the rest of the economy cant survive they need us thats why you have situations like this bailout for Small Businesses<\/a> mom and pop it went j. P. Morgan gave it all to their super wealthiest clients and none went to their Small Business<\/a> and clients write your message jeffrey have seen earlier i mean if you were to create a more ality index moralities. Well you know certainly he would be at the most reprehensible moral character is ghoulish ghoulish and reprehensible so on that that scale you would have to put very very close youd have to put a Larry Summers<\/a> right next to Jeffrey Epstein<\/a> on the more ality scale and jamie diamond and a Lloyd Blankfein<\/a> as well thats really they occupy that that position on the reprehensible ghoulish morality scale that for some reason our Political Class<\/a> keeps digging out of the ground digging out of the swamp and giving some fora tea and political position to continue their financial. The there there is jihad against america well its just pure ghoulishness their ghouls prey on the dead prey on the helpless prey on those who cant fight back prey on those who are not given agency these agencies have iras are put at the disposal of these sarasota Larry Summers<\/a> who architected the system behind the scenes everybody you know these are the architects the Larry Summers<\/a> the Jeffrey Epstein<\/a>s the ken lays who are behind the scenes architect in the system and finally i want to say again here that the smartest guys in the room get bailed out all you idiots and imbeciles get all the toxic waste you will pay for their ballots or youll bail out treasury secretary Steven Nugent<\/a> said hes considering creating a government Lending Program<\/a> for Us Oil Companies<\/a> Us Oil Companies<\/a> who were so stupid that they kept losing money for 10 years and kept pouring money into what why stop with bailing out the oil industry that is dysfunctional why not also bail out the buggy whip industry and the ladys petticoat industry and the stake oil industry and everything and ringling brothers and barnum and bailey circus you know why not just bail out everything in the present and go back 300 years you get a freak steve begin to fear a. Driver taking a break when we come back much more coming your way. Is youll be via reflection of reality. In a world transformed. What will make you feel safe. Tyson nation full community. Are you going the right way or are you being led to. Direct. What is true what is faith. In the world corrupted you need to descend. To join us in the depths. Or remain in the shallows. Welcome back to the kaiser a for imax kaiser it is with great pleasure that i introduce my guests the big egg head top thinker Research Director<\/a> and all around nice guy from gold money out the mccloud unfold exposure im an investor and gold money out there welcome back force an introduction yes you should put that on your twitter handle all ready well lets get into it time is short in your intelligence is vast so let us begin. Bank of america is calling for 3000. 00 gold by october of 2021 they blamed the Central Banks<\/a> and said quote the fed cant print gold i think it was a statement of the o. P. s but if they really understood what they were talking about then they would understand that infinite printing bains an infinite price of gold or more correctly no price for gold measured in fish thats one thing that people i dont think quite understand they all as say well gold is quite volatile but in fact the gold price doesnt really move at all its maintain the same more or less purchasing power for thousands of years is the fear of money surrounding gold thats volatile what your thoughts on that i think what you say is absolutely right the mistake people make is they think gold is a such an investment or something to speculate with they dont understand that its money if they understood it was money then the attitude towards it would be completely different now donald trump got trouble recently because apparently he said during a press conference that people might want to take disinfectant as part of the covert d 19 infection and thats start of iran disinfectants and people started so you can buy them not sure about the why exactly looking at gold is a kind of a actually a disinfected against. A toxic Monetary System<\/a> its certainly not proving to work in that respect because theyre printing regardless i mean the Central Banks<\/a> are agreeing amongst themselves were talking about g said she said in level that all of them are going to print added for nice it doesnt matter what happens print print print and of course theyve also got to counteract contracting back credit because the bank of terrified of whats going on being asked by the Central Banks<\/a> to just pos money through to cloud so again bust and this is a situation that ive seen folks they are becoming risk averse so not only have the Central Banks<\/a> to prints enough money to get through to save everybody save the world but theyve also got to print the extra 2 if you like counteract the contraction of bank credits i mean it really is absolutely crazy its going to battle the money printing going out the central bank the Federal Reserve<\/a> bank of america now has over 6 trillion dollars in assets that have no resale value theyre effectively worthless that they bought by frank thing up a fresh 6 trillion dollars so the 1st part of question as can they go to japan like levels of 100 percent of g. D. P. And that would mean 20. 00 to 22. 00 trillion dollars of printing number one and number 2 year recent post is titled anatomy of a fear of currency collapse will fear of money survive the covert 19. 00 pandemic of money printing what does the collapse the look like so the 1st part is can they get the point to china and the 2nd part is walk us through your recent essay 22 trillion easy pieces in fact again out to print a lot more not just to make up for d the payment failures in all the supply chains the supply chains total not just g. D. P. But all the into media steps towards a final product and youre really looking as a figure which is more in tune with. Grace output which is 38 trillion and thats just in the United States<\/a> and it doesnt take account of the supply chains coming from outside the United States<\/a> so i mean this is really infinity just in that one thing and the other thing which is jeff desperately important and this will lead through to the answer your 2nd question is that you can sum up the whole of Monetary Policy<\/a> as being the paris if to keep Financial Assets<\/a> from falling in value particularly the lead Financial Assets<\/a> which of course are government bonds so this is something that john lord did 300 years ago or he tried to do and he failed so he only had one asset to keep up and that was his mississippi venture he printed lever a french lever hes a lever in order to sustain the price and eventually it failed this will fail because its not just 1. 00 security it is every Financial Security<\/a> in the world the task is massive and the attempt to sustain value in things Financial Assets<\/a> will destroy the currencies and i love the john locke comparison and anyone interested in this topic said it really explored john law and more recently a similar not quite the same would be what happened in iceland when the icelandic banks were printing essentially money to buy back their own shares ad infinitum and then they all in concert collapsed but you know we were talking about negative Interest Rates<\/a> face of play and how that as an historical anomaly now and ever thought about doing this before it seemed crazy and yet it did exist and is an ongoing policy initiative well you know theres something new even more ridiculous some might argue and that would be a negative price on oil so Oil Prices Went<\/a> negative which is just as toxic i would think as negative Interest Rates<\/a> are the 2 related no not really as i understand it in. The next best on the oil markets the real price of oil you have to look out if you like the long futures curve to say its 12 months and that gives you an idea as to exactly what prices the fluctuation is all at the from ted and its because of delivery problems where we had the situation and climax where people had bought the oil if you like Oil Contracts<\/a> not realizing that the seller could actually dump the oil on them and thats actually what happened they got no way to put it i mean it was it was like. A fast i mean a complete farce and the consequences were already quite dramatic got the headlines know the rest of it but it doesnt mean anything beyond that i mean certainly i would say that with the way the Global Economy<\/a> is going which is reportedly downhill then demand for oil is likely to fall substantially as well so theyre going to continue to have this problem i dont see a meaningful recovery and oil prices for some time i looking out along the futures curve i would have thought d that prices there would tend to drift anyway so were not out of the woods the far as oil is concerned but i think what happened last week was a pure Fruit Company<\/a> it was a freak of markets all right were going to push back a little bit on that because what strikes me is that for the exchanges and the regulators to allow for a negative for oil price prints to exist theyre setting a precedent which says 2. 00 things number one no no laws of matter pertain to this physical commodity and no rules on the books are also being applied no ones enforcing any rules on these exchanges one particular e. T. F. Which has a Ticker Symbol<\/a> of you asked oh no flagrantly violating multiple securities laws for suitability and position limits and the idea being that were financiers in the. Laws dont apply to us and this does belong to the bond market with negative Interest Rates<\/a> and it does spill over the gold market with naked short selling market suppressant market manipulation so in total this does affect gold in a big way but i would imagine that there is a point where the fraud in oil Interest Rates<\/a> and gold catches up to the market and we see a genuine france based on genuine demand if suddenly the price of gold reflected the genuine demand absent of honest financial fraud by exchanges and regulators what is the fraud adjusted actual physical price for an ounce of gold today alister i mean i think what youre describing is frauds within a far wider fraud the whole of the Banking System<\/a> is a fraud the idea that a bank could just its your credit. Is procida that this is something goes back to roman law justinian except that the idea that banks can actually create money was fraud i mean it is a fraud on the on the people so yeah those fraud and fraud and for a lot of as far as the gold market is concerned i mean its bain the whole intention has been to suppress the price of gold ever since 1971 by expanding the amount of paper supply to absorb any editor mobbed by knocks thats worked and its worked actually until very recently and were now in the situation where that is no longer working so i think the whole of the fraud is beginning to unravel were seeing the early stages of it and i think this is very important from i think all of points if you assume that aspect of things edwins the better now having said that its going to be extremely uncomfortable for people who are not prepared for it let me get your opinion on something i a statement i made recently about the 25 or 30000000 folks in america that are unemployed are sent to be unemployed. You have no money and they have 2 weeks worth of cast and then they are entirely bankrupt one of the points i made curious what you think about this is that in America Sethi<\/a> follow keynesian economics that hates the idea of savings where people like paul krugman at the New York Times<\/a> refer to a quote savings glut as if theyre vilifying savings as if savings are evil isnt that part of the problem and if you were to contrast keynesianism with Something Like<\/a> the Austrian School<\/a> which actually celebrates savings wouldnt wouldnt that be a conversation worth having why dont we save per an australian model to build the capital in the economy and therefore we can enjoy capitalism because under keynesianism you cant have tap alyson because after all without capital you cant have capitalism i agree with you entirely. That the wish expressed by keynes in his. General theory was that the saver would be euthanized and that the states would provide the capital necessary for investment he also seemed to think that the orchard print was happy to do his work and the profits were secondary consideration i mean this is the mad well weve actually ended up in. With spoken about this before i think 80 percent of americans 80 percent of brits i mean im talking about salary. I think paycheck to paycheck so youre absolutely right theyve got no you save things they caution nothing whatsoever. Its really backfired on the state with this coronavirus because the state has decided to look after us the state has taken basic functions our families and Everything Else<\/a> and on the city prefer to provide for ourselves and our we have this virus and now theyre running our lives even more deeply. The cost of course is going to be completely destabilizing for every economy in the world 1. 00 final question senator over there in london were talking about supply chains around the World Bank Challenge<\/a> by now theres issues there in the u. K. Whats happening on the ground strains i think mainly are some psychological Small Businesses<\/a> are in deep trouble because again like individuals they dont have to cushion of savings in order to see through a crisis like this the how so saying i mean its all emerging that this is a lot whilst that anybody thought it would be and the idea that you know we return back to work after its done and we just continue as normal so i guess its got to be a lot more serious than that alstom a plan of thanks for being on the kaiser report thank you for having me max all right well thats going to do it for this edition of the kaiser report with me max keiser states or like to think our guest house broke a lot of gold money you want to catch us on twitter its kaiser report its like time via. The incident somebody. Has. Seen since. I was on the floor some days. My bastard you know crying praying. Just come. Back. I want to. Contest its time for western got worse i was having still a fever i dont have any sense of taste or smell from the most yolk in the world would you. Recently she was on the oldest you tube. That was simon is on the grounds of the research. I have to. Push myself to this for me in the 58 im going to. Go. Before. We go book or hell birth. Mom. She said thats. Going to do it. Youre definitely walking into a word doc and we no longer know what were walking into i cant see march. What she needs to break she little bit back. To show its possible sensible to. Happening. To my computer back in my lap. Welcoming our viewers from around the world live from Central London<\/a> this is r. T. U. K. Theyre making Testing Available<\/a> to the over 60 fives and their households with symptoms and workers who would have to leave in order to go to work the Health Secretary<\/a> robert coronavirus Testing Capacity<\/a> as he maintains that he will get 100000 daily tests by thursday to 6 reveal the number of coded 19 related deaths outside hospitals has had over 4 files and in the last 2 weeks. U. K. Home nations break with westminster as scotlands 1st minister recommends Face Covering<\/a>s in certain circumstances and counterpart claims they could ease of lockdown measures early to hear from an expert in risk and disaster reduction. Russian president Vladimir Putin<\/a> extends long term measures in russia until the 11th of may and says the government must have a plan in place by the 5th to get reaction from the russian capital. Also the Domestic Violence<\/a> is predicted to soar by 20 percent across the world as a result of the global lock down a family law barrister tells us that the British Government<\/a> should have prepared better. This is going to come as no surprise to the document. Tragedy was coming at least the National Pride<\/a> is going to feel. The british Health Secretary<\/a> announces the government will make coronavirus Testing Available<\/a> to the over 60 fives key workers with symptoms as he races to hit the promised 100000 test by the end of this month up with still no way into the lock down inside scotland wales break with the u. K. With the scottish 1st minister backing public Face Covering<\/a>s correspondent is sally joins me now with the latest so we saw the Health Secretary<\/a> is extending testing rapidly. Yes direct that hancock claiming that the government will make Testing Available<\/a> for those who live and work in homes that follows announcements of n. H. S. And frontline workers getting that testing done as well and for those 10 home workers will be also for those who are a simple sematic but it also would extend to anyone over the age of 65 those living within their households today because weve been able to expand capacity i can expand access further building on successful pilots will be rolling out testing of asymptomatic residents and staff in care homes in england and to patients and staff in the n. H. S. This will mean that anyone who is working or living in a care home will be able to get access to a test whether they have symptoms or not im determined to do everything i can to protect the most vulnerable. And we now have the capacity to go further still so from now were making Testing Available<\/a> to all over 60 fives and their households with symptoms and to all workers who would have to leave home in order to go to work and members of their households again who have symptoms. See that daily figures for the death toll of those who died in hospital over the past 24 hours 586 sadly having lost their lives across the United Kingdom<\/a> but again those are only people who have tested positive for coverage 19 and died in hospitals that doesnt take into account other deaths which the office for National Statistics<\/a> does consider when they stero the figures not according to the ins more than 4300 people died in cat homes from the 10th of april until the 24th and in that city period. The half of those deaths occurred in just the last fight that the days of those so a significant acceleration it would appear in care homes over that period that takes the death toll to over 25000. 00 in total but with delays and lags in reporting from such encounters and other sources the figures likely to be even higher than that and figures excited from some of those counties are avail that just about the last fortnight the number of deaths have risen from between 50 to 80 percent now the government used the hospital figures daily but of course these kava figures theres a lag this difference in different counties and how they submit the numbers of people who have lost their lives within their homes so that might be why the government doesnt use those figures and that data base and he says caught unawares and going their own way in the absence of leadership from westminster seems. Absolutely best still see an exit plan by west minisub but in scotland in wales theyve already published theirs and scotland are also doing a bit more work to that and with the government publishing stats about the use of Face Covering<\/a>s in face mosques with regards to people who perhaps are situations where they cant social distance now as the nicholas station states in that the government dont see face lost as an alternative to social distancing but perhaps they could help when eventually those lockdown measures are lifted and talking here about Face Covering<\/a>s made of cloth or other textiles such as a scarf im not talking about medical greed face mask that you would see health and social care at work as we have at the gate is also made clear that the evidence on the use of Face Covering<\/a>s is Still Limited<\/a> however it recognises that there may be some benefit in waiting a Face Covering<\/a> if you leave the house and into an enclosed space where you will come into contact with multiple people and see if social distancing is difficult for example on public transport or in shops of course just know most shops are closed so right know at this would apply in particular to food shops. Saving at different saying that the government is sticking with their policy which is not to advise people to wear face mask and they have said in the past that theyre not going to be mandated certainly people who are based last straight on supplies of resources for d n. H. S. Start now and wales not great food hes the 1st minister and he said that his country would be willing to lift lockdown measures if they thought it necessary even if the rest of the United Kingdom<\/a> doesnt although he would like to do it along with the rest of the country. Thank you very much indeed for that meanwhile the british other least inclined to want businesses to reopen if the virus hasnt been totally contained ipsos mori analyzed data from 14 countries and information from more than 28000 people and 76 percent of britons are against the reopening of the economy if the virus isnt fully contained canadas the same are just over 60 percent in spain agree as do 59 percent of americans in terms of those want to reopen the economy 60 percent of russians will be in favor with the same number china 53 percent of italians and a half of germans the survey also asked whether people would be nervous to leave home after the reopening of the economy just over 70 percent of britain said yes as did around 70 percent of the chinese whereas over half of german said they would be scared and just under 40 percent of russians and their spirit to risk and disaster reduction expert professor David Alexander<\/a> he told me the easing of lockdown measures would most likely differ between urban and rural areas rather than between the devolved powers. Besides have experience with lock down weve had enough experience to be able to reimpose it i think rather quickly yes we do want to get the country back on its feet we start with measures opening the kinds of shops and businesses and they destroy a way of physical distancing can be maintained and this probably wont house much impact on the infection rate it probably wont increase the infection rate significantly as the minister noted this has to be. Very closely with improved testing and tracing need to mention tracing but that also is important people have got it where they are associated with who could be getting it from them tracing is also very important and that goes closely with testing but other moment and in the recent past they demand for testing has been far greater than the supply and that will continue to be so for a while and what do you make of the fact that parts of the u. K. Are looking at it differently the implications are for the rest of the population a bailout damages if we see the likes of wales perhaps relaxing their measures before anybody else well this is the version i think the germans have a much bigger problem with this because they are a federal republic and the states in germany have the right to determine these things and so a coordinated process the whole job it is very difficult and there are at elements or echoes of this in the u. K. I do know that the latest wants to be as close to the general gist of things in the u. K. As possible as to whether there are special conditions in scotland or wales id rather doubt it except the rural areas might have a rather different risks are urban areas we know the difference between london and certain large cities and the rest of the country in terms of infection rate expert and Health Protection<\/a> professor paul holt told me earlier that the government will need to keep a close eye on the epidemic once restrictions are arranged. Recessions are something that we want to avoid at recessions do have Severe Health<\/a> impacts on people so yes we have to make sure that we do balance the need to control cope with 19 with the needs to ensure that we still have a Healthy Society<\/a> and economy at the end of it because being on the lockdown for too long can cause people to to rebel to flout the rules in fact we weve seen an increase in traffic in the number of people about that and we will indeed yes and and i think we do need to start easing some of. The restraints that were and fairly soon we are seeing the a decline both in debts and and pillow one cases. Which are the sort of the people cases who are particularly ill the pillar one group. Rather than Health Care Worker<\/a> numbers and and i think you know we we will be able to start relaxing. Probably sometime. Early to mid may but i think that how those sorts interrupt would those lockdown measures gradually is what are the stages we talking about i think the idea of the bubble story is quite reasonable where we start allowing people to mix with family and close family and friends in a way that we havent the last few weeks we apps look at extending the range of businesses that are and shops that sell out to open to people but maybe not yet opening schools and. Pubs and restaurants for a little while longer but i think whatever we do what we have to do is keep a very careful eye on the statistics about what these are doing to disease in the community. A minutes silence was held earlier today across the u. K. To commemorate key workers who have lost their lives to coronavirus including over 100 n. H. S. And care staff. But. What 2 i am i am i now am i was. One in 4 doctors caring for covered 9000 patients having to reuse personal protective equipment according to a survey by the Royal College<\/a> for physicians. Many personal protective equipment items it is our interest single use and should only be re used in extreme circumstances that so many people are having to reuse p. P. Shows how desperate the shortages are this is a truly terrible state of affairs as a bad minimum we expect our Health Service<\/a> to provide the equipment we need to protect ourselves and our patients so protective clothing such as mosques gloves and gals should only be worn when dealing with one patient and then discard it this comes off investigations found that essential p. P. Items were excluded from the nations pandemic stockpile the beginning of the outbreak here in the u. K. Including swallow vices and body bags but the government insists that planning was for a very different pandemic. The stockpile that we had before this pandemic was explicitly designed in accordance with the advice from the scientific advisors the government has no of tag and of course it was specifically for a flu pandemic the nature of the corona virus is different from a flu pandemic as we all know and we like every government across the world have had to respond to this new virus for more a lot of this was joined by director of surgery at the christie n. H. S. Foundation trust silva sacre he said that reusing p. P. Is very serious and needs tackling immediately if that be easy use there is certainly a risk to life and that is where i think up the in the hospitals or in health and why adamant clinicians who work with the. Managers and the administrators in the system and come up with a lot because apart from emergency all elective procedures can wait theres no rush to do anything for that ive discovered a moment and once we have already put precautions in place then these elective procedures a diagnostic look at a pubic scanty place because of the stock or infected then it means that you lose a huge amount of resources to treat patients Going Forward<\/a> so it is important that as a Team Approach<\/a> is required and the benefit of the stuff is that what you make of perhaps doctors care is nurses saying they will not actually work if they dont have the right equipment. I fully agree that if the Health Care Worker<\/a>s feel that the b. P. Provided does not id be quick they need to be reassured and as i mentioned earlier it is only the emergency which needs to be dealt with and the present time the electoral situation can always wait and the bishops also needs to be reassured and the staff needs to be reassured working with the management in the system they need to ensure that the e. B. E. Is adequate for the environment theyre working and. Now lets have a look at the latest figures from the home nations the official government figures say the number of people who have now tested positive for the virus in the u. K. Is more than 160000 but that has led to more than 21600 people live died in hospital as a result of the virus and a rise of 586 in the past 24 hours and heres how the pandemic is affecting the rest of the world more than 2 113000 deaths have been recorded over 900000 recoveries have been made according to Johns Hopkins<\/a> university which collates worldwide data and over 3000000 cases have not been confirmed but it comes as some european governments begin tentative steps towards restarting the economy without risking further spikes in the disease germany which is some restrictions last week saw its infection rate rise from point 7 to one point naught today with citizens told only to leave when necessary meanwhile measures will expire on thursday but gatherings of up to 10 people amount as long as social distancing rules are respected. Still to come this hour the russian president announces an extension to look down measures and calls all the government to come up with a phased plan to end them we get a reaction from moscow to. Domestic violence is predicted to soar by 20 percent across the world as a result of the global looked up as politicians say safe spaces should be set up in Grocery Stores<\/a> to help the victims to escape the abuses we get from a family in the old barrister. Chose seemed wrong why dont we all just dont all. Get to shape out these days it comes to education and in gains from an equal betrayal. When so many find themselves worlds apart. Choose to look for common ground. The russian president Vladimir Putin<\/a> has announced that lockdown measures will be extended until may the 11th and says the government needs a plan for coming out of lockdown by next week auntie Senior Correspondent<\/a> not against you has the latest well the gist of the line of mir putins latest speech was that unfortunately the worst may yet be could come he says the situation is developing incredibly quickly that because of advances in medicine and in the way the quote a virus works the government is having to redo it so rewrite it and rewrite he says the plan you make up to date will be outdated tomorrow so its no surprise really the russians that the. Quarantine self Isolation National<\/a> lockout has been extended up until may 11th but there is light at the end of the tunnel. Im instructing the government and the federal agency for rights protections and human well being to come up with a plan by may to fit this plan will encompass all of the criteria and parameters for the steps to be taken in order to lift the restriction rules and the lock down and rules which this will be a phased plan it will be implemented and of course you governors of russias regions should be flexible because you should decide which measures to introduce and which should not be introduced an issue that decision should be made together with the experts on this if you. Look this is an incredibly difficult situation theres been a huge spike in the number of confirmed cases in russia there are up to 93000 russians now eights in the world by kept by the confirmed cases scout. Blood may have putin told medics and the government could prepare for a situation where people who have Underlying Health<\/a> conditions are just diabetes cancer where we dont reach a point like in new york where they turned away from hospitals he said we must add more heads of care units we must increase production of mosques ventilators p p and on that note russians increased from the beginning of the year production of mars for example they were making 800008 month now theyre making 8000000 previously they were making 60 ventilators a month now theyre making 2000 then delayed as a month and he says that we shouldnt we shouldnt rest that the situation could could grew dramatically worse and we should be prepared. Domestic violence cases are predicted to soar across the world as a result of the global lockdown according to the United Nations<\/a> Population Fund<\/a> has been a 20 percent increase in Domestic Violence<\/a> during the 3 months locked down in all Member States<\/a> for every 3 months and continues 15000000. 00 additional cases of Domestic Violence<\/a> are expected to stop sions by the 3 months locked down would result in 44000000. 00 women would be unable to access contraception due to pandemic related disruptions and prevention programs 2000000. 00 cases of female genital mutilation could occur over the next decade as well as an additional 13000000. 00 child marriages when well here in the u. K. Calls to the police by Domestic Abuse<\/a> victims increased by 30 percent of the lockdown as charities also reported a sharp rise in the use of help lines and websites the former Prime Minister<\/a> treason may has warned that a prolonged lockdown could cause untold damage. Government must also think about the impact of lockdown on our Overall Health<\/a> and well being as a nation that of course includes the economy but it must also include the impact on Domestic Abuse<\/a> and Mental Health<\/a> we cannot have a situation where the cure awful it is easy does more damage the disease itself. As politicians called on the British Government<\/a> to follow the example of france and set up safe spaces in supermarkets to help victims who struggle to escape their abuses during the down charities also suggest Grocery Store<\/a> staff could be trained to respond to a code word from a victim and take them to a safe place in the store to call police in france spain and in some parts of colombia victims of Domestic Abuse<\/a> already can seek help from shops and pharmacies as a new part of a Campaign Launched<\/a> to tackle the rise in violence under the law down family law barrister paul ryan agent told me that the government should have been better prepared for this Domestic Abuse<\/a> crisis. Its become such a problem because 1st of all you have to understand that Domestic Abuse<\/a> is a hidden crime its underreported and thats accepted but when you factor in all the stress that we are currently under and you place into a bubble that is a 24 hour away. Where you cannot escape where there is no release where there is no way that you can turn to that or at least you believe that theres no way you can turn to and of course the situation is going to escalate and i just Say Something<\/a> this is going to come as no surprise to the government they want to know that these tragedies was coming that this National Crisis<\/a> was going to build whatever government be doing well they should have had a strategy in place they should have a plan in place and i dont understand why they didnt quite frankly because the fact that we have now seen a doubling in optimistic of these killings since lockdown has been because in place is an absolute shock and the government should be ashamed of themselves they really really should they should have put in Place Community<\/a> humps the type of hubs that the french government put in place so that people who are out shopping and access that help in the supermarket you know some are innocuous like the pharmacy exception like they do in spain so that people know that there is somewhere where they can go you cant always access your phone you cant always access the t. V. To watch a program about Domestic Abuse<\/a> you can always go lying because you were buzy always watching your every move seeing it and they test consultant psychiatrist professor jess bammer had told me that Domestic Violence<\/a> is a Major Concerns<\/a> are in the law but it will also help highlight the issue. Domestic violence all what subparts go into but terrorism is the sudden protests that weve seen through this group the virus and you know its not that the current viruses create a product but its down to 4 chirps the. Perpetrators apply that looked up the victim but because we do know for instance that Domestic Violence<\/a> goes up whenever the police it gets the opportunity to spread or type with the victims like christmas like call it theyve got sort of thing which prompted of course the recall of the europe secretary general to take this part of it to put womens safety. In the program at all times and is something that weve known as existed for such a long time could what were seeing now highlight the issue and to have happen help in a way. In some ways its a quick turning those challenges to opportunities for the cartwrights i think. And yeah the issues that have come out of court of bias these opinions things that have been there our aid society i think is a fairly good typists is because i like to pick us weve seen. Busy busy busy increase. Cuts violent acts that a couple times you know 700 percent increase in calls to refuge but actually interest sickly theres a helpline set up for perpetrate just i think those fellows upwards of 25 percent increase in calls from the perpetrators so this could well how old are of opportunities for us to say well. Lets get all strips check right because often they use a cute side of the printer because. We will see the last effects of this history to it. And finally a 90 year old woman in the Scottish Highlands<\/a> could be the 2nd nonagenarian to raise big bucks for the n. H. S. By climbing a mountain in the privacy of her own home. Its going straight quite a long time i should be released to back finish me end of june. Hes captured the imagination of so many people. Pretty hard on his heels getting going but now 70 and done Amazing Things<\/a> shes. Getting actually eating he can while im sorry i think is back hed be active as we all get. And best of luck to have that sit","publisher":{"@type":"Organization","name":"archive.org","logo":{"@type":"ImageObject","width":"800","height":"600","url":"\/\/ia802909.us.archive.org\/14\/items\/RT_20200428_163000_Keiser_Report\/RT_20200428_163000_Keiser_Report.thumbs\/RT_20200428_163000_Keiser_Report_000001.jpg"}},"autauthor":{"@type":"Organization"},"author":{"sameAs":"archive.org","name":"archive.org"}}],"coverageEndTime":"20240716T12:35:10+00:00"}