So silver is back its pass through its long term resistance for the past 6 years 20 dollars and about 0. 50 has been a resistance it could not punch above that but it punched through that heading past 23. 00 it was like soaring and therefore the bull market is finally back on the confirming the gold bull market as well which never really you know hung out at the 1200. 00 level up and down 100. 00 from there for a few years as well but the gold bull market started about a year ago and now silver is confirming that so here you know you have this guy whos at the top credit strategist and so looking at the bond markets looking at on top of the bond markets bigger than the bond markets as the Derivatives Market and of course Deutsche Bank had i dont know how much of it has blown up with they certainly had the largest derivatives book in the world now passed by j. P. Morgan so i just want to show you this interesting chart its a visual. Capitalists chart all of the worlds money and markets a
Now in the meantime stay tuned coming up next its because im a full. Time kaiser this is the kaiser report fear money. Try over and over again throughout history going back to john laws hundreds of years ago and. As voltaire said the value of money always returns to its Intrinsic Value 0. I think we may be at once again an Inflection Point stacey where the fia let me experiment in paper tears its paper tears from here on out of course kaiser report has told you this for the past 10 years we have warned you about this you know j. P. Morgan himself one time at one point when he was alive back oh about 100 years ago he said gold is money all else is credit well Deutsche Banks head of credit. So he should know agrees with them Deutsche Bank top credit strategist makes stunning admission i am a gold bug for money is a passing fad in the history of money so he said gold is definitely a fee out money hedge hes buying gold and that money will be a passing fad in the long term history of money
Good Tuesday Morning welcome to squawk alley im Carl Quintanilla with morgan brennan. The market is down about 100 points starting with the apple special event set to kick off from the steve jobs theater in cupertino in just under two hours. Josh lipton is there live and joins us with what analysts and investors and reviewers are expecting. Hey, josh. Reporter so, carl, apples biggest day of the year just about to kick off here right behind me at the steve jobs theater. As you mentioned, analysts think they have a good beat on what is coming theyre looking for three new iphones. Faster processor and improved camera and maybe stronger waterproofing and shatter resistance big question for investors is pricing. What is tim cook going to charge for the new model. Ive talked to some analysts who think he will keep pricing basically constant no big change from the kusht lineup which starts at roughly 750 and 1,100 and expectations are muted on the street. Checked in with gene munster and wha
We are looking at the reliably of the electric grid, with state utility were presented to us. You are watching live coverage on cspan 3. My heart is full of gratitude. That is the thought right now. To all of you, to my colleagues, to the staff, being the chairman of the house and conference committee, is the ultimate thing in congress. This is been the best. We have a whole other year ahead of us. Thank you for your service. [ applause ]. We have a lot of work to do. Go ahead and get started. State utility regulators have challenges. They have affordable electricity. They have this during this congress. They understand what drives the growing reliability crisis. This is from the entire electricity portfolio over an extended period of time. They have different retail choices. We are relying more on transitional organizations. This is due to environmental growing regulations and agencies. Fans will be on foster fuel generation, and market distortions. These factors are contributing to p
My heart is full of gratitude. That is the thought right now. To all of you, to my colleagues, to the staff, being the chairman of the house and conference committee, is the ultimate thing in congress. This is been the best. We have a whole other year ahead of us. Thank you for your service. [ applause ]. We have a lot of work to do. Go ahead and get started. State utility regulators have challenges. They have affordable electricity. They have this during this congress. They understand what drives the growing reliability crisis. This is from the entire electricity portfolio over an extended period of time. They have different retail choices. We are relying more on transitional organizations. This is due to environmental growing regulations and agencies. Fans will be on foster fuel generation, and market distortions. These factors are contributing to premature retirement for most of our reliable and most dispatched resources. As of the increased connected grid, they have a much wider im