I think that is a good question because you know, more and more billionaires around the world are getting into big queen and massive sort of Asset Management. Companies like black rock are getting into big so max keiser this week, you tweeted a serious bequests. Shortage is developing a supply on exchange, dries up prices will start gapping higher looking for sellers. What do you mean by this . Max guys are but a member of the peak oil or peak gold arguments that were running out of oil or are running out of gold. That of course, is not true, but in the case of bitcoin because it is absolutely scarce and because the demand is approaching infinity, we are potentially hitting peak bitcoin, where it will become increasingly impossible for the average mom and pop to acquire bitcoin. Because all the 900. 00 coins per day that are generated through mining will be sucked up by the institutions and will never hit the market. And of course, what does hit the market every single day is new, fres
Over the recent Police Clearance of a temporary migrant camp and parents. And the developers of russias new vaccine say its not just highly effective, but also highly affordable costing as little as 20. 00 per your world News Headlines for this hour. My colleague neil harvey will be taking over in just about 60 minutes. So on behalf of the r. T. E. International team, thanks for watching. And we hope you have a great day max keiser. This is their report. Have we hit peak bitcoin . That is a good question because you know, more and more billionaires around the world are getting into big queen and massive sort of Asset Management. Companies like black rock are getting into big. So max keiser this week, you tweeted the serious big question is developing a supply on exchange, dries up prices will start gapping higher looking for sellers. What do you mean by this max kaiser . But remember the old peak oil or peak gold arguments that were running out of oil are running out of gold. That of c
We get the views of the World Health Organization on the race for drug. Its going to be many, many months before there will be vaccine available throughout the world with a whole population to be joe biden tops award for secretary of state and looks to pack his oval office with establishment figures from ministration agrees the corporation for transition other thanks for joining us, this is r. T. International a russian peacekeeper has been injured. Soldier killed by a landmine in the nagornokarabakh region, moscows nonsense special demining units to clear the area of bombs which pose a threat to those returning to their homes. Visited the site of one such operation, the sheer intensity of this war, the sheer quantity of me sells ammunition bombs used are astounding. The sad truth is that it will take years to find that make safe every unexploded munition footage visited by john, raining cluster bombs and cities and towns and in the garden a car, a buck sparked outrage, but adds, rage
Of mind blowing. Check out these numbers, the six biggest tech stocks losing more than 1 trillion in value in three days apple, microsoft, amazon, microsoft, tesla and facebook. This is kind of unbelievable on the way up, we kind of get i wont say we get used to it. Complacent. We dont quite notice it as much after the split, was apple up 40 or something remember when we were arguing about tesla at 500 a share . Look where it went eastbound the s p was up almost 60 since march. You get these crazy moves to the upside we should have been able to watch this after all these years and how quickly the corrections can come to get that move and have a correction in three days maybe we need to even revise the terms for how we talk about it given what the nasdaq has done, that perspective it is nothing it is not that shocking if you are a longterm investor, this is no big deal. If you were looking at this. Those six stocks losing a trillion in value, they are still up several trillions you are
Necessarily bad. Videogame companies are trying to one up each other at the e3 Gaming Convention in california. First, to our top story. President trump says he will not finalize a trade deal with china unless beijing returns to terms negotiated earlier in the year. Trump spoke to reporters as he left the white house for iowa, a day after he threatened to raise tariffs on china if chinese president xi jinping is not meet with President Trump at the g20 summit. Pres. Trump china is a major competitor and right now, china wants to make a deal very badly. It is me right now who is holding up the deal. Vonnie apple is coming up with a backup plan. Its manufacturing partner says it is able to make all iphones bound for the u. S. Outside of china if necessary. Right now, the Company Makes all of the iphones in china. How did the company decide it was able to do this, to make all of apples products outside of china so quickly . Investor who was anding to people in taiwan our reporter was ther