I am max kaiser, this is the kaiser a 4. Remember the golden rule of bet calling you dont change bitcoin. Bickley changes you face. Max keiser guess what citibank is now doing new math on big coin here to the moon. I put my feet up like that because i do want to know that there were some comments in our orange pill espanol group. Read max scene, maybe s. And l. Set is max without socks on the sets. And i could tell he for sure, i see bare feet here. Thats another on substantiated conspiracy theory. Of course i would be wearing socks. You need socks to get to the moon. You need to wear moon boots for sure. Then moon bits are a requirement, and a lot of other stuff is dated as the whole story unfolds. I cant believe what citibank is saying, because citibank has become actually even more aggressive on the price than john mcafee. And john mcafee was always like crazy beyond the pale price predictions. And now citibank has kind of taken the price prediction crown. But i think that were going to have more banks are going to be competing with each other to come up with higher and higher price. Predictions, but none of them are going to be capture the ultimate bull market number because remember, big question has no top because fear money has no bottom. There are tons and tons of scammers with price predictions for big coin, but theres only a few that know what theyre talking about. Theres people like paul tudor jones. There are people like stan truck miller and there are people like Max Keiser Max Keiser has had a price target of 20000 in the near term for quite a while. Back, you know, in 2011 or 12 you said it might go 2100000. Citibank is now looking at their 4 x. Strategist is looking at and says that big claim price to receive 3 118000. 00 by december 2021. As the new gold, citi Bank Director says, bequests market cycles are becoming larger and the current bull trend could take it to 318000. 00 by december 2021 predicted a managing director at citi bank. He says this bull market started in 2018. That the bull markets and big point have been getting longer and longer each cycle. And so this is why just based on comparing it to previous cycles and then being conservative about how much its going to go up compared to previous cycles in the big coin market. Since, you know, 2009 he says hes predicting a price of 318000. 00 just based on a conservative estimate compared to previous trends. Right. And he also said that hes looking for the dollar to have a sharp move down. Right . So these 2 things go together and because money is something from the 20th century, the 19th century of the 18th century, and its being to search for mediated or disrupted by bitcoin, which offers perfect price discovery, the price of because it is perfect. Its mimics nature in that way. Its like the photosynthesis of money. Its a perfect price discovery. The perfect market maker between risk and reward between consciousness and humanity. Thats absolutely perfect, and thats why people are running to it. Now in issuing found money, we recently interviewed tone vais here on kaiser report and he runs the conference called on confiscated bull dot com and on confiscated will, is the quality of big question that this managing director of citi bank says is uniquely makes it so good he says, big queen is the new gold. It is an asset with limited supply, it is digital, this is the 21st century. Gold is a 20th century asset in moves across borders easily and ownership is opaque. The last point is, i believe, very relevant. The huge fiscal deterioration of today as a cost in the future, either directly or indirectly directly. It is that at some point, the bills have to be paid, which means at some time in the future, the money needs to be found while big question may become subject to more regulatory constraints going forward. It is a natural store of money to avoid this indirectly the argument can be the debasement a few currencies by creating high nominal growth and inflation. Effectively a soft default, i do not believe hard default, particularly in the worlds reserve currency is a real concern. However, in lesser currencies, it could well be the word on confiscated walls. But before i get into that, just mention talking about the fault, remember, 970 want to market the fault on its sovereign debt when it closed the gold window. So another default on the us dollar, its highly likely, but this word on confiscate. A wall is important because what it means is that any 2 people in the world can transact without having to go through a 3rd party. And that means that not only is big on confiscate a vote, but its also on sounds horrible. Theres nothing that stops any 2 people in the world from transacting at any time. That means its perfect crisis coverage. It reflects the perfect sum total of all goods and services subjectively valued by all humans on planet earth. Every 2nd of every day when you every put an intermediary in there like a bank or a country affair, money is state money and other forms of credit are bank money. But if you get rid of all that, you just have to wreck one on one or one to a 1000000000 commerce happening simultaneously globally. You have peace actually is the ultimate upside of big point is that its peace versus fear money because its a ponzi scheme. It always favors war. Its important to remember what he meant. He mentions fiscal deterioration and inflation. And when hes talking to citibank, wealth clients, or j. P. , morgan is talking to their High Net Worth individuals or fidelity is talking to their High Net Worth individuals. What these Family Offices and very wealthy people are concerned about is not speculation and money go up, money number go up. Theyre concerned about retaining and keeping their wealth for the next generation or 2. So they want to make me not lose that wealth. So, confiscation is often and usually done in the modern era through money printing through inflation. So theyre saying hes saying that this is a better than gold. And terms of your wealth is not confiscate a bull through inflation or but through, in the case of gold in the United States has already been confiscated in the past. And obviously could be done again. He also mentions that you know that because its going to stand out in this world of c. B. D. Sees. So this central bank, Digital Currencies versus gold. And he says this, this is a double edge sword on one side, it c, b, d, c. The Central Bank Digital currency creates a much more effective mechanism for distributing stimulus, particularly fiscal, but on the other side, it also makes capital confiscation easier. For example, negative Interest Rates, both these scenarios would look to me to be positive bit quine and in the 21st century give us the digital equivalent versus feel digital of what we saw in the 20th century when the financial regime changed. Gold versus paper. And we said this quite a while ago that this is a sort of moment of like 1971 when we went off the gold standard. And in terms of just a huge regime change. And in terms of the wealth confiscation, you know, the negative Interest Rates get hit hardest to those who have savings that my savings have. If you look throughout europe, where they have applied negative Interest Rates to dollar to deposits in the banks, its mostly been people over 100000 euros who are hit with these negative Interest Rates. So theyre the ones that are going to be driving into gold and especially into big quine. Once again. You know, kaiser report is ahead of the curve because when central bank Digital Currencies were 1st, being talked about, a lot of the people in the other Financial Press were talking about in terms of all this is going to compete with bitcoin. But as we said at the time it is now citibank is agreeing with us that it actually causes people to panic, buy bitcoin, because they realize that the central bank, Digital Currency will just be a way to one inflate the value of the money. Michael saylor calls it the melting ice cube and big gives them easier ways to confiscate wealth. So now theres a panic by bitcoin and were seeing that the price action of price action is reflecting panic, buying and that panic buying is going to continue to panic. Buying by not the ordinary public. You saw that 2017. You see in the google trends there was mass searching for a good bit quite how to buy the queen back in 2017, huge spikes. Anybody could go check it out today. There are not all the people buying it now. Are those who will be hit by negative Interest Rates . Who will be hit when this fiscal stimulus stars with the c, b, d, cs . They are the Michael Saylor as they are the paul tudor jones. They are the stand druckenmiller is these are people with billions of dollars and its hard to hang on to billions of michael cera says he wakes up in cold sweats, thinking he doesnt have enough to claim hes clearly panic, buying decline. And so to anybody whos got any wealth that they want to preserve in an environment of unlimited paper, money being printed by the trillions and hundreds of trillions and a government in bold and to confiscate all property. I mean, you thought the saudis were bad and seizing all the princes. So wait until you see what america does do with oligarchs. This guys opinion at citibank could be wrong because you know what, opinions often are wrong. But you know, its never on the market. Thats according to jesse livermore, one of the greatest traders of all time, thats something he told me when we 1st, then of course, markets are never wrong. Only opinions are. So were going to turn to an opinion that keeps me wrong over and over when market prices were at a dollar at 10 dollars at 100 dollars, 1000 dollars at 10000. 00 to 20000. 00. Hes always wrong. And that is peter schiff, the recent rise of big calling relative to gold in no way proves that big corn is a superior store of value. Exuberant investors are flocking to risk assets and shunning safe havens worldwide. As the riskiest asset at the mall, bit coin is being bought as part of the risk on trade. I said, you know, peter schiff is the gift that keeps on giving. Right . And its great when i write, interact with him and not so much anymore because hes tired of losing the debates with a but for a few years, theyre going all the way back to 2011. When i try to get peter schiff to buy big going at a dollar, you know, i was at his house in westport, connecticut, and his son was there too. And his son is now because i think i turned up at that time got the seed in his head. But with, with peter, whenever i do have a chance to interact with him, i try to shamelessly kind of pillory him and mock him. Because i know those things go into the public record. So years from years from now, people can look at the you tubes of me, you know, in person just calling peter schiff, a complete idiot and him having no response. Because i knew ive known now for 5 years that he was dead wrong and just go down in history as the the worst money manager in history exuberance investors though really, i mean, hes saying a shining safe havens will look at the u. S. Treasury bond market as he, as he looked at that like 300 year high, its like, thats not exactly a risky asset. Has hes the worst money manager in history. His performance is horrible and adjusted for opportunity costs. Hes been losing money at a rate of an incredible rate. Its amazing. But again, opinions you should do your own research. Listen to peter schiff also read. Paul tudor jones stand talking, mellor, Michael Saylor and figure out who has more skin in the game, who is actually have has a better track record over 3040 years that you can see with some of these guys. Peter schiff and wright dahlia, should open up a pub somewhere else. Forward to talking to that technology should work for people must obey the orders given by human beings, except where such orders would conflict with the 1st law show your identification for should be very careful about artificial intelligence. The point is to create every place on theories with artificial intelligence, where some of the demons must protect its own existence. As a new gold rush is underway and thousands of ill equipped workers off flocking to the gold fields, hoping to strike it. Rich, person children are torn between gold. My family was very poor. I thought i was doing my best to get back to see which side will have the strongest appeal. So what weve got to do is identify the threats that we have. Its crazy. Let it be an arms race, spearing Dramatic Development only really. I dont see how that strategy will be successful, very critical. Time to sit down and talk. Welcome back to report. Im max keiser time now to go to lorraine arties from the Bitcoin Embassy in mexico city. Where i perform a stand up rage in february, just as the covert pandemic was going global laureano. Welcome of the kaiser report. They give very much max is a pleasure for me to be here in your program. It actually is a dream come true. You know, i am really excited to be here. Well, its great to have yeah. Now i know that with cove it times arent exactly normal at the moment, but tell us about the Bitcoin Embassy when and why did you open it . And what exactly do you do there . Well, be kind of visit our east physically place in mexico, where big corners and people that east interested in in because im trying to crysis can, is search for information and meet other people. Its really arent about aids and radio then in december 2018. And yet there have been the if you call lately because we had to be closed for months. And now were ok and cells are a little bit low now. Right. You know, i know when people talk about the call and they talk about it as in terms of its ability to protect peoples wealth, when things are bad or when hyperinflation hits, or theres a crisis. Now here in, obviously around the world to cover it, pandemic, there is a Global Crisis. And so, is there a sense at the big, quite embassy bar in mexico city now of a greater urgency . Like, you know, it was a theory before that because it was good in a crisis, but the crisis came and a people now understand more thoroughly what this big quite is all about. Yet they may do actually that their recent that we arent still in business is because it will be coming because of their reserve that we have 4 hours from our sale seen be kind. We have to sell you dont drink during this time to keep on paying our employees already and everything. And now people are starting to search more information about this. We have over just the channel to where we did it teach people about these topics. They are, theyre searching for us that theyre there, approaching us and searching for an announcer to the get the strength to get bent because all the economics are collapsing, all the people who are in, in economic troubles. Yeah. This has been, i see now how to do 1st aerobatic on. Well, actually i was planning a trip to japan and i am, i started to make some savings and i asked a friend that help my mom here with investments. Where can i put this money to make it work . If i had hits on me while i, i can introduce you to a friend that you seem some weight stuff about some cryptic or is your Something Like that and maybe you will like it. So he introduced me and theyve been a real guy, that is my partner in the kind of a cigar. And thats how i met he, he tell me a applebees kind of and all they dont know, gee, that was behind, much of the western world is in lockdown. And in the u. S. We have the World Reserve currency, of course, and we printed some much of this money that americans during the crisis have seen their incomes and savings go up. Of course, thats one of the great things about having the World Reserve currency. Whats the situation like in mexico during the lockdown . What are you saying really happening on the ground there during this Global Crisis . Well, actually because the United States is trending a lot of money and mexico are meant, i think we are ask. It is some how to say to borrow, to lend some money, but i think because of they can see an effect and maybe it will make the all the things worse here in mexico. You know . Because by the time all that money comes here, it will be it will be worth less than the so i see. And of people on the streets asking for money. Much more than that. Wesley, for a lot of people is less in there is their employees and are of business are getting odds that they are closing. So i think on, on, on of day facts about all of these money thats been brazen will be it will be found in much more time in how they say they will thin it. What we will have on this, this issue in long time from so you think that this will result in a long term problem going forward. And i would imagine also if you look at the latin america, all the countries are suffering and in a similar way. And of course, with, with bitcoin, you have the ability to create your own individual sovereign say. But you know, in latin america, we know that for the most part, theyre, the political agenda tends to be what you would call a left wing or socialism. And this is quite popular political system in latin america is bit cooling. What do you tell your socialist friends about how they should maybe think about bitcoin as a way toward a more of a better way . Actually, i dont have a lot of social, his friends because we dun, dun think the same. They seem thinks, you know, because i am and an intern or so. So they see me maybe as person kind of but i told them that it is for everyone. The good news for everyone that wants to be somewhere and even if they are in a group, you know, i have song and i have talked to people that are in how do you say in collectives like i have some feminist friends and i have told them that they can even assured pete if they want to, they can make a collection of bits gone and share it with each other, you know, and they can be sober and that way. They can help each other the way son, i think beats going em can be used in any way, even in capitalism and social. Hes made me. If you have that 80 asshole for sharing, you can do. Absolutely. So when talking a socialist, we should say that you can have your own node and share the network with everybody on the network. You can share the code, its open source with everyone on the network. You know, it today has a lot of ways you could convince socialists to participate and bitcoin and that they could perhaps, you know, its too bad. The country itself, of course, suffers from inflation as do many countries, as does america in its own way. And the government, of course, do you think the government has just what would never take on this concept of bitcoin here and in the United States. And we had an election and a couple of senators are now very interested in big coen, was one in wyoming, for example, that wants to bring walks, becoming to wyoming. Are there any politicians in mexico that know about decline, who want to push it for further into the establishment . Actually, i dont know any, a Mexican Police should know most about bitcoin and trying to regulate that, trying to regulate it is something call a fiend back in mexico and they are up 92 exchanges and all day how to save on the companies that sell by. But i think that things in these low that they are doing is that because age you can see that they dont know theyre talking about, but theyre trying. So yeah, i think that here in mexico and enough people dont know anything about the especially the part that they probably think its difficult to even get the a conversation started. I know that when i was men in mexico city, of course were good friends with jose, rodriguez said, but so, which is a very influential in spreading the word. And i know at the big, quite embassy bar where you wear your work. It brings in a lot of folks and that the message of course, of bitcoin is beyond just Financial Freedom or individual sovereignty. There is a lot that goes with it as well, where people have something to say about the improvement of their their spiritual wellbeing. If you will, i noticed when i travel in mexico, you know, the culture is so vibrant, so rich, so beautiful and so uplifting. It seems like the character of the people in mexico and because i would go together naturally date, what do you think of this mexican culture is about before the difference . We everybody because in india its kind of like that too. You know, hes like a way to share with everybody. So when one mexican people know about, its good. They want to spread the word. They want to tell other people to save them, you know, and to, to share with them all the knowledge that they have accomplished. So. So i think thats, thats kind of a good thing about mexican people who do want to share with each other to want to be friends and to, to give them some advice and to say, so lets look ahead, post covais the world. You have been working what to say rodriguez, as we mentioned before on organizing a huge event, the block chain land, which is an enormous event, a ferry cost 60000. 00 or 70000. 00. People attend this event. Its a technology and entrepreneur event. Can you tell us about it . This is in an event called talent land is one of the biggest of latin america. And they have a lot of, lets you know, game land, a human other lands there. They have a lot of, especially in the matter in their hands, an earplug west integrated to treat years ago. I think so. You know, was that the 1st to learn . A lot of people that you see in the community is critical. Resist change. John, there is get together there and we share it with other people the things that we know, you know, the story and the things that we know. So we participate and wish aaron our experiences and the knowledge that really, that we have collected through this time. And i think is very important, these events because i dont have students and go there when a specific. So we are in making an impact in a new generation in people from 101315 b. Engineers all is really eastern amazing to get to those people because they are the next generation. They are learning in that age will make an impact in the global economy. Our adler arena. Thanks for being on kaiser report. Thank you so much. Rests a hand to stacy out will do. All right, thats going to do it for this edition of kaiser report with me. Max kaiser and Stacy Herbert like to thank our guest. Lorraine are tazz. If youre in mexico city, please visit. They pick an embassy bar. Its like time during the vietnam war, u. S. Forces also bombs in neighboring laos. There was a secret war. And for years the American People did not know why not allow sell. My son is officially the mouse. Can we bomb country per capita in appalling Human History . Millions of unexploded bombs still in danger lives in this Small Agricultural country. Jordyn we have been going to continue tap nothing. Even today, kids in laos full victim to bombs dropped decades ago. Is the us making amends for the tragedy in laos. What help to the people need in the too little land on one else seemed wrong, but all in all, just dont call me old yet to say proud disdain, become active and engaged. Because the trail when so many find themselves worlds apart, we just in the for common ground. Blood lust may have triggered the torture and murder of unarmed afghan civilians by australian elite troops. According to a shocking new inquiry. As the u. S. Death toll from the pen demick passes a quarter of a 1000000, a most ill Health Care Workers complain. Theyre devastated by it all and not least the risks theyre having to take. We never see its ok for us to be exposed. You cant even both, but we can be a ya make inaudible if you must countries discussed mandatory vaccination as the solution to rising numbers of co
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