Those with common sense will hedge their bets with gold and silver, it's money and always will be money. The terrorist bankers know this and have been manipulating it for their own agendas. Silver in particular has been brutally undervalued for decades but things are changing. The ponzi scheme being run by the world controllers is being blown wide open and silver will surge ahead in the war on true terrorism.
Silver has industrial and medical values that will make it shine like the sun.
pakistan daily news was the only media that mentioned in 2009 america paid china with 600 billion dollars gold bars that WERE FAKE!. china investigated the source of this crime and they found out the whole american european market is flooded with FAKE GOLD AND SILVER BARS!!! and i used to worry for gold bubbles. SEARCH "US pays CHINA counterfeit GOLD bars"
Alan Greenspan (former Federal Reserve Chairman) now works for John Paulson's fund. Guess what John Paulson's fund's BIGGEST position is right now? GOLD. . Don't say you weren't told. Protect your families wealth. Visit: goldsave.co/
I love the way this dumb bitch just chuckles and plods on with her stupid questions. Max makes these people so uncomfortable I'm surprised they still have him on.
I have gold just incase - but for you jerks who hope the dollar collapes are the same people who hope for war and famine.
The dollar collapse is NOT a good thing and will result war and instability in the world. Just imagine some of you hippy wanna-be loosing ALL of your welfare.
A dollar collapse will be a WONDERFUL event in the history of the world.
As the dollar fades to persistantly low levels, 3rd world debt will effectively be written off, allowing an African economic renaissance.
The usa's industry will permanently relocate to Asia allowing the EU trading block, China & India to dominate world trade.
As oil skyrockets in dollars, the petrodollar will cease to be viable & be replaced. The usa's dominant role in world energy policy will end overnight!
If the USD does collapse China, Russia, UK, and Europe can be your masters. There is no shortage of crafty people in the world that will quickly take the reins. They are already in place. Many are the same ones that really run America and aren't all Americans.
If the $ gets hit by the forthcoming failure of a US Treasury sale, what does it matter to me?
We live in the 21st, digital trading is near instant &, with so much of a warning re. america's dodgy currency, the money has been repositioned to point away from the usa... all ours has anyhow!
So the usa sufffers... who cares?
They had their 1/2 century & they made a pig's ear of it... get over it already!
You aren't going to find neo-utopia from any country. A heavy banker/military hand is how the world operates. Even if the USD fails a bunch of bankers in London still have colonies all over the world, in China and India too. It's Naive to think they say....Awe USD collapsed..Let's get out of these countries, not take advantage of it and give an inch or that all other countries won't use the tricks they have been taught or invented themselves.
PERHAPS if you read "The Secret History of the American Empire" by John Perkins (Barnes&Noble) about how the dirty americans 'enslaved' many poor nations to huge dollar debts, meaning payment in dollars meaning cashcrops for export instead of food for their people resulting in starvation and an outlet for american grain.
It is a pity most ignorant americans don't realize the most evil, wicked, disgusting regime on the planet; enslaving, starving and murdering millions... is actually the usa!
BTW these huge debts will be more easily payable, interst will be less crippling and the stranglehoild the usa has over many small nations will end as the dollar weakens!
LOL
The dollar IS weakening and as the tide of money goes out, leaving US Treasuries as the recovery IS underway, the world will start to breathe new and breathe fresh, having crawled from under the rotting usa!
Sound like a lot of hype for a US bashing audience where the US is the only conspirator. Things are never that simple and that's why problems do not get solved. People do know of the evil of the Rockerfellers, New world order bunch and a lot of other trying to "enslave" people. That goes even more so for Europe. Hate the US so much you want to put it all at it's door then that's your problem. Deal with Bilderberg, WTO and World Bank. Last I heard Europe loves their positions to screw w/ people.
Conspiracy theories all fail on the logic front since they expect people to be super-smart (which they aren't!), super-consistant (which they aren''t!) and command supreme levels of obedience and secrecy (which is impossible given human frailties!)
LOL Keep blaming the non-existant NWO and miss the elephant in the room, why don't ya!
LOL! A conspiracy is when two or more people in secret have a pact for an unlawful or evil purpose. Like your silly US gov't claims. So unless The US gov't in a machine you failed your own claim.
EU whines and complains for help with Bosnia or whatever clusterfuck is a few miles from them but they cannot be bothered. Meantime they usually sold them the arms. UK, France, Germany. Bunch of thugs that pretend to be innocent.
Conspiracy= Drug Dealers + cops. Happens all the time. But it can't!?!
Never really said it was or wasn't in the conspiracy reply. Europe will go down too. Debt in the UK is about the same levels per Pop. as US. Euro will probably die before USD. Not cause it is weaker but it is flawed and the USD has better recognizing. A few will continue to buy USD like they keep playing a losing slot machine which will hold it up a bit longer.
Euro will not 'die before the dollar by ANY stretch of the imagination.
With Os/bama sending his FIFTH us economic mission to the Saudis to 'beg' for money, while sucking up the Chinese to keep them buying increasingly worthless usdollar-denominated US Treasuries... just HOW is this bad for Euros & good for dollars?
All my clients are pointed away from the usa's busted economy & crummy dollar... with China signing 20yr deals with most of the European miners/oilers... it's all good for Europe!
Little to do with USA. The Euro will fail due to the criticisms cited at it's creation. The nations it serves are to dissimilar for it to work. No one in stronger nations want to be dragged down by Spain, Italy, Greece and Ireland? These Euro could be orderly wined down back to other national currencies but that's difficult with bankers looking for their cut.
Look for the US to nationalize something when USD falls and prop it back up. Probably oil/gas companies. Just like Russia.
"The Euro will fail due to the criticisms cited at it's creation. The nations it serves are to dissimilar for it to work."
LOL
Have you BEEN to any of the countries of Europe?
Perhaps if you had you'd realize that we have changed, we have merged and each country is more similar than you seem to think. Is Idaho so different from Florida?
Many people, me included, would welcome the Euro in Britain too. If the joining conditions were right, it wouldn't be a problem. Currently, there is no need but it's always there if we needed it.
You are very behind the times... have you thought of updating your mindset out of the 19th century?
Idaho & Florida? No, it's well established under one flag with a more similar people. Europe has a completely different people. It takes little to point out that Ireland is a drag. Germans aren't Irish. I am sure they do not like them dragging the currency, one day take toys and leaves.
On the local level in the US counties and cities often form partnerships then break up yrs later when it is realized someone is footing most of the bill and has little need and no gain for the bureaucracy.
"Idaho & Florida? No, it's well established under one flag with a more similar people. Europe has a completely different people."
If I'd said that it would be racism!
The economies of Europe are better integrated than you think. Tell me about the different states in the usa with huge differentials in income/emplyment/industry/social deprivation... and there's no call for secession yet?
LOL why do you think we are that different from you? Do we live in mud huts? Do we throw spears?
"Walters explained that euro-member countries had different growth and inflation rates, persistent high unemployment and some had severe budget deficits which would cause the instability which would lead to the collapse of the euro."
Like that.
"Walters maintains that the only way that monetary unions can work is if they are preceded by political union."
What u saying man? Look at every corner down the street! You should be able to find at least an Indian jewellery store. Even in my street, an Indian jewellery store has been robbed recently.
Well, at least ur Indian people are doing the British's dirty work in Africa under the guise of humanitarian aid lol. What the hell are they doing there btw like in Congo and other places in Africa? I bet u may guess why cos, it would be fair to say that if the British were to put their men there, they would've been accused as colonialist but since you people had been under the British rule, there's still some slave-master mentality left which the Indians obviously aim to enslave others like
anyway i aint a redneck but though indians loveeeeee gold, oh yeah, they also fraud people when selling gold. thats just another proof how desiring rich you people wanna become.
Warren Buffett said the way to make money is to "buy stuff when it's cheap and sell it when it's expensive".
Lets think... dollars are expensive and foreign currencies are therefore, in comparison, CHEAP!
With the Chinese suggesting, strongly in diplomatic and oriental terms, that they 'may not' buy any more of your worthless 'paper'; ie. US Treasuries, and the latest bubble in US Treasuries deflating/easing slowly already...
What? You want me to draw you dummies a f*ckin' diagram????
Let's see if you find it as amusing when the Chinese fail to buy any more long term us debt later this quarter and the Japanese decide to pay for their economic stimulus by dumping their us treasury holdings!
Don't worry... we got out. The world can crash your dollar anytime it wants. We already agreed to use the IMF's SDRs instead of the dollar so it's not a problem for the rest of the planet.
Sorry to burst your bubble but the us dollar did not 'MAKE A RATHER SPECTACULAR COMEBACK OF LATE'... US Treasuries did.
Let me explain.
When the markets imploded in 2008, most of the usa's investors ran to the 'safe haven' of US Treasuries and they rose... SPECTACULARLY. This caused a herd movement and most of the world's money followed theose dummies into US Treasury Bonds/Bills/Notes ... ie. into dollars.
That money is not INVESTED there... it's just PARKED there looking for a better home!
What will happen when the recovery starts to happen, money can be made in the markets again & it all starts to drive away OUT OF DOLLARS (out of US Treasuries) into something that will turn a profit instead.
The new chump-in-chief's plan to flood the marketplace with MORE US Treasuries to pay for 'whatever' will encourage more than went in to leave Treasuries as the yield & risk outlook looks poor.
The dollar is WEAK right now (27Feb2009) its just marked by the fear-induced flight to TBills!
BTW the recovery is underway...starts small but it's there (27Feb2009).
Don't expect your us media to start pointing it out until much later in the year. usa is still dead though and has no future... unless selling your kidneys for bread and giving bjs for soup represents a future for yanks!
U thought u were the greatest people in the world just a few years ago,now look at u!
Im so sorry for the rest of the world that have invested in dollar and will krach along with u!
I know there are many nice,good people in america, u should get together and stop these insane people that are running the show before u are responsible for one more worldwar!
People that live within their means have power in the long-term...Those that live on debt have more in the short-term...What would you have us, responsible Americans, do?
Leave the usa. Burn your passport. Never look back. Call someplace else home. Watch it on tv as cities burn, firefighters strike and the police shoot it out with National Guard troopers over who gets to dip their bread in the soup first...
Meanwhile, the rest of the world will take up your slack, do your job better, faster and cheaper and wish this had happened sooner while whistling a happy tune.
'Responsible Americans'? When I see one, I'll tell them that!
hey groogar 2 . hope no one "kraches" a jet or three into your head. typical foreign douchebag, liberal cunt. This countries done more in 200 years than your douchebag country has accomplished since the stoneage! Oh- and per your grammar.... Fuck "U"
This is a heartless recession created by a few super wealthy who can ride it out. This is the age of no accountability. There has been no money for main street in the bailouts as the corrupt congress pretends to grill Paulson. The only one doing anything of value, is Ron Paul, who has organized an 'end the Fed' tour which would stop the globalists in their tracks, restore the US, and end the madness. Please support his effort to save America from the Foreign banks who control our current govt.
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Max Keiser is just a dumbed down version of Peter Schiff. He tends to spin his opinions on partisan emotions. For example, he said the November elections would be postponed because of the crisis. He also advocated spending up to a trillion dollars in reparations to African Americans. Come on.
Schiff is so in love with Asia, and look, he lost his clients a ton of money investing in asian stock markets. and he is still in love with that story about 'decoupling' too bad he was big time wrong. Max is willing to admit mistakes and revise his investment thesis.
Are you listening to Max and what he is saying and doing? ripping a dollar into pieces and comparing it to bananas should tell you something. Also Schiff has not lost any of his clients money. If you don't sell into this panic you don't lose money.
RIght now because of deleveraging and unwinding of carry trade and other hedge fund monkey business, USD is strong. The long term trend of US is down (for obvious reasons) until they get there house in order. He is right, but it isn't going to happen over a couple of months, it will take at least several quarters, (12-18) months.
You dont need max to get the logic. If u think debt and exessive consuming of foreign goods with borrowed money while producing less and printing money to buy urself out of it doesnt have big effect on inflation and the dollar in the long run then keep buying dollars.
Just type "JBS end fed contact congress" into google and click the top link, Send a pre wrtten letter to congress about abolishing the Federal Reserve!
he called the Iceland banking crisis 2 years ago, the mortgage crisis were in right now (2 years ago), for a flake he has a pretty good predictive track record. Wait and see what happens he might be crazy like a fox
Well Peter admitted that couple of times in interviews with for example, Fast Money. Short terms prospects are always difficult to predict.But he has been spot on with gold and silver, and the theory of their rise. Still, both Max and Peter are right on the fact that hedge funds are selling oil, gold, and stocks globally to muster cash and buy dollar.
But unlike the US, Asian countries(China, Japan, S.Korea, India) have real industrial bases. Even Taiwan, especially Singapore and Hong Kong, despite of the lack of dominant industrial base, have sound financial infrastructure, as well as a high savings rate. Both Australia and New Zealand have a better economic foundations than the US because their economies are less debt based.
Therefore, they will escape the worst of the downturn as America would be left in the dust in the 2010s.
Max Keiser is the bad economist. Similar to a good cop/bad cop senario. Will Sean Hanitty will not take the risk of having him in his shows? The truth hurts.
That reminds of a Rush Limbaughs example of using filled sport arenas as a barometer of our economy. During the NFL playoffs, there will be games with sections of empty seats. I will not be surprised if that happens.
Max Keiser isn't an economist, he is a forcaster, journalist and former wall street analyst/ broker, economist is a more academic discipline. But economists got everybody into this mess, so now we need people with real common sense to alert us to the dangers.
@krist300 I had coffee with Max and he is an interesting gentlemen and his views need to be on mainstream news so that way people will wake up to the financial situation caused by wall st.
He is slightly off the mark. Indian people have anything between 15000 and 18000 tonnes and imports 400 to 700 tonnes per year. Reports say that it imported 100 tonnes in the month of august 08 alone when the gold prices plummeted. However the indian market is extremely price sensitive and sales promptly fell when the rupee depriciated from 40 to 48 per dollar causing gold prices to appreciate in rupee terms.
2000 years ago 100 ounces of gold would buy a small farm. Today, 100 ounces of gold will still buy you a small farm. A paper dollar from today is only worth 4 cents of a 1913 dollar,and that is without hyperinflation. During the civil war a $20 gold piece and a $20 paper bill would both buy you a nice handmade suit. Today, the gold coin will still buy you a nice handmade suit and the bill will get you and your friend lunch at McDonalds. Check spot price against ebay price for gold and silver.
He's wrong. The leaders are telling the truth, financial advisors are good people. Indians must be slaughtered for their gold, of course, but this will be great for the dollar. Remember, keep the military strong and the dollar will look after itself.
MAX, first time i've heard you or him. He synthesizes historical events rationally however I am so new to him that I don't have an opinion on his credibility. Anyone have direct evidence of his credibility?
Keiser overplays a bit but he's basically right. Gold will re-become the basis of the economy like it was for centuries (and since the Romans). Greenspan should not be his only target; it goes beyond him. It is the Friedman/Chicago Ecomonists' Doctrine, who's theory, accepted and implemented since the 60s-70s, that's to blame for this meltdown. The theory did not stand up to the practical application. Too bad Friedman isn't here anymore to see what his theories brought about.
I disagree. friedman believed in the free market, right? Well, in a free market, the market would determine the interest rate, not a central bank. If a company had made bad decisions it would go out of business, not be saved by a central authority. The reason we are in this mess, is not because of too little regulation, but because of Selective Regulation.
The cycle of boom & bust is a product of central control and guarantee. Let companies fend for themselves.
i agreed. it's the SELECTIVE REGULATION. politicians from both sides of the parties taking money from the big corporation. now they have to bail them out.
there is nothing wrong with free market. just lay out the rules for everyone to follow and let the markets do its own job.
Thats right the gove has a role of regulation not intervention. The cops make sure noone is jumping red lights they dont drive peoples cars to ensure lawful behaviour.
All is not going as planned! The Fed is injecting loads of new currentcy, the stock market is tanking and gold/silver and oil and their related stocks are down, while the dollar inexplicably rallies. Some of the opposite of what he is saying. Although I know Gold/silver are going much higher in the end.... By the way bet that was a dollar bill and not a hundred.....
Sarcasm is difficult to convey in print. Although "the dollar inexplicably rallies" It can only be temporary and is being held up by a wing and a prayer."All is not going as planned !
That would depend on who is doing the planning. These massive injections of money, can only do one thing and it isn't good. So then why do it ? Seems like a plan to me. :) But nobody of consequence has asked for my opinion. My over inflated ego finds this puzzling.
My humble opinion is this is not by default but design. Central banks are the bane of human existence. They have from their inception been intentionally designed to benefit who? Ok well...... that was a no brainer. My question is do you feel this is simply and economic fluke ? The ebb and flow of complicated financial instruments ?
We need to start growing our own food and making communities with like-minded people. This is our opportunity to get rid of the system. Just let it collapse by its own weight.
Max is a smart, honest and frank guy who is also very insightful. He has his own website too. Also, check out Peter Schiff for real economic analysis.
He is correct in his basics but not in some particulars.
Bin Laden did NOT attack America. He was pawn in the bogus "attack". He was a CIA employee. The US fascist Reich attacked innocent US citizens.
The housing bubble was built starting in the 90s under Clinton and only got worse under Bush.
There is no gold in Fort Knox.
The Rothschilds and other London City State bankers own the HUGE majority of the world gold reserves and are manipulating THAT market, making gigantic profits.
Dumbass, Bananas are delicious and worth a lot, and my country grows a lot of them and hopefully soon Americans won't even afford to be buy them with their worthless dollar.
Given US dollar hegenomy, China and Japan have little choice but to invest their export earnings in US Treasuries or other dollar-denominated assets. In consequence, China now lends to the US more than double the vast sums Washington lent to war-torn Europe in 1947 under the Marshall Plan. And the US is anything but war-torn.
It is 'against the law' to deface or destroy money, i like to see the us government come after him for that. but point taken, the dollar has become like monopoly money now.
It is also against the law to devalue our currency by flooding the market with 700 billion.
It also is against the law to:
-Wage illegal and unconstitutional wars without congressional approval.
-Kill millions of innocent people.
-Illegally detain people
-Torture people
Our president, appointed, and not voted into office, has brought this once great nation to it's knees, and you're worried about some guy ripping up a dollar bill.
actually i was hypothesising whether or not any one would actually have the gall to go after someone ripping up a dollar bill. considering guantellemo bay, the US really is a fascist state.
my opinion is its 'his' money, he is in possesion of it, he can rip it, set fire to it or even shit on it, the US government has no right to detain him given thier track record.
LOL...the Economist magazine used to publish Big Mac prices globally as a way of comparing currency strengths, etc....I use grapefruit, gas, etc...things people actually use...the real world as opposed to the Fuzzy Fed CPI which has been so garbled that it avoids including anything that rises in price....LOL.
LOL...I used to be but switch to the cheapest fruit on sale nowadays. I tease the older men at the Walmart door telling then when they retire instead of getting a gold watch from the boss they will get something better...a ten pound bag of grapefruit...LOL...
Be simple enough if we could admit we are only a nation of farmers and inventors. We are not up to being a cutthroat Empire. Can't afford it.
Answer? Declare an across the board forgiveness of all debt from top to bottom. States should charter banks using any kind of medium. Dump the thieves and cretins on Wall St. and D.C.
Change laws so that there is a Wall St. in every city. Send the SEC packing.
Let them try to earn an honest living via voluntary cooperation, if they can.
The Bailout is RICO and should send several congressmen and senators to jail. How can the very people who recieved campiagn contributions from the financial institution draft a "bailout" of their sins with the money of the tax payers they "represent". This is clear legal CONFLICT OF INTREST.
No lawmaker who got money from banks should have any input this financial matter.
gold doesn't pay a dividend, doesn't generate anything as an investment( ie research, science, infrastructure) it sits in a vault or under your bed, and, thats it. But as Max points out, when investment bankers lie and governments lie, then we get in this mess.
Great video! We need more guys like this that tell the truth! Love the banana and the gold coin comparison. The dollar is toast! Let Americans suffer, their too stupid to be wealthy and free!
however its the americans Free choice to elect their own president.The americans have no one else to blaim but their fellow american next to them. Its a pity..
its so sad to see that the humanity of politicians and economists has disappeared. Only the poorest and ppl less fortunate in this world are the only humane left.There is no sense of humility or respect for ecnomy and human life any more..its all about money.President who are elected must be completely independent on foreign private affairs(ex no stocks or savings in other companier) It must start from the top layers.
His math on gold is flawed. Americans own the most gold per capita by far. India has a billion people and 13 tons of gold. America has 300 million people and 8 tons of gold. Do the math. But yes, the rest i agree with.
He says the Indian people themselves have 13 tonnes of gold, half of all the above the ground gold not held by gvts. Indian gvt owns under 500 tonnes. US govt owns the 8 tonnes on behalf of the people.
Not 13 tons - 13,000 tonnes owned by Indian people. And US central bank is "supposed" to have 8000 tonnes in Fort Knox and not 8 tonnes. But that was last audited in 1959 or 1979 and nobody is sure if we still have it.
His math on gold is indeed flawed, however your assumption that Americans own the most gold per capita is also flawed. If we look at tons per million America has 27, Germany has 42, Holland has 41 and Switzerland has a whopping 167.
u misunderstood what max said. not all indian people have gold. he means within the indian population 13 thousand tons are spread among the population. probably only about 200 million indians actually have gold. the rest are just poor.
Okay, from the comments it's apparent few of you have actually read Von Mises' Theory of Money and Credit.
riverlioness 4 months ago
Those with common sense will hedge their bets with gold and silver, it's money and always will be money. The terrorist bankers know this and have been manipulating it for their own agendas. Silver in particular has been brutally undervalued for decades but things are changing. The ponzi scheme being run by the world controllers is being blown wide open and silver will surge ahead in the war on true terrorism.
Silver has industrial and medical values that will make it shine like the sun.
sidewallfusion 8 months ago
Say something in French next time.
ryanskapa 8 months ago
STAY AWAY FROM GOLD AND SILVER!!!
pakistan daily news was the only media that mentioned in 2009 america paid china with 600 billion dollars gold bars that WERE FAKE!. china investigated the source of this crime and they found out the whole american european market is flooded with FAKE GOLD AND SILVER BARS!!! and i used to worry for gold bubbles. SEARCH "US pays CHINA counterfeit GOLD bars"
theagrafiotis 10 months ago
This has been flagged as spam show
Alan Greenspan (former Federal Reserve Chairman) now works for John Paulson's fund. Guess what John Paulson's fund's BIGGEST position is right now? GOLD. . Don't say you weren't told. Protect your families wealth. Visit: goldsave.co/
JulMasters88 1 year ago
Max Keiser for President!
Antwnhs92 1 year ago 4
Max!
You really are a breath of fresh air to America! You are spot on with your views, and are a pleasure to watch, and listen to.......
Not to mention you are great in front of a camera!
You are on our site...
.
DeathOfTheDollar2010.Blogspot DotCom
Keep up the good work our friend!
DeathOfTheDollar2010 2 years ago 3
He is Mr. BRAIN...He is very smart. He is something! I like his anylises!
Endza50 2 years ago 3
above he's not a flock animal
gosciu555 2 years ago
mad max
daridaist 2 years ago 10
Who´d be better to prepare us for becoming Road Warriors when Society is gone?!
caveman0110 2 years ago
Just curious. How long has Keiser been in France? I wrote to his main blog several times. But never got an answer.
whereismybailouttv 2 years ago
LOL, I always figure the UK sticks with the Pound sterling cause they see the euros flaws.
stang661 2 years ago
I love the way this dumb bitch just chuckles and plods on with her stupid questions. Max makes these people so uncomfortable I'm surprised they still have him on.
pretorious700 2 years ago
I have gold just incase - but for you jerks who hope the dollar collapes are the same people who hope for war and famine.
The dollar collapse is NOT a good thing and will result war and instability in the world. Just imagine some of you hippy wanna-be loosing ALL of your welfare.
$%^& the rich AND poor.
herohumper 2 years ago
A dollar collapse will be a WONDERFUL event in the history of the world.
As the dollar fades to persistantly low levels, 3rd world debt will effectively be written off, allowing an African economic renaissance.
The usa's industry will permanently relocate to Asia allowing the EU trading block, China & India to dominate world trade.
As oil skyrockets in dollars, the petrodollar will cease to be viable & be replaced. The usa's dominant role in world energy policy will end overnight!
Good!
flangelet 2 years ago
If the USD does collapse China, Russia, UK, and Europe can be your masters. There is no shortage of crafty people in the world that will quickly take the reins. They are already in place. Many are the same ones that really run America and aren't all Americans.
stang661 2 years ago
LOL
I'm not american.
What do I care about the usa?
If the $ gets hit by the forthcoming failure of a US Treasury sale, what does it matter to me?
We live in the 21st, digital trading is near instant &, with so much of a warning re. america's dodgy currency, the money has been repositioned to point away from the usa... all ours has anyhow!
So the usa sufffers... who cares?
They had their 1/2 century & they made a pig's ear of it... get over it already!
The East is taking up the slack.
flangelet 2 years ago
You aren't going to find neo-utopia from any country. A heavy banker/military hand is how the world operates. Even if the USD fails a bunch of bankers in London still have colonies all over the world, in China and India too. It's Naive to think they say....Awe USD collapsed..Let's get out of these countries, not take advantage of it and give an inch or that all other countries won't use the tricks they have been taught or invented themselves.
The US never ran the world. Bankers always have.
stang661 2 years ago
PERHAPS if you read "The Secret History of the American Empire" by John Perkins (Barnes&Noble) about how the dirty americans 'enslaved' many poor nations to huge dollar debts, meaning payment in dollars meaning cashcrops for export instead of food for their people resulting in starvation and an outlet for american grain.
It is a pity most ignorant americans don't realize the most evil, wicked, disgusting regime on the planet; enslaving, starving and murdering millions... is actually the usa!
flangelet 2 years ago
BTW these huge debts will be more easily payable, interst will be less crippling and the stranglehoild the usa has over many small nations will end as the dollar weakens!
LOL
The dollar IS weakening and as the tide of money goes out, leaving US Treasuries as the recovery IS underway, the world will start to breathe new and breathe fresh, having crawled from under the rotting usa!
What a great usa-free world it is going to be!
flangelet 2 years ago
Sound like a lot of hype for a US bashing audience where the US is the only conspirator. Things are never that simple and that's why problems do not get solved. People do know of the evil of the Rockerfellers, New world order bunch and a lot of other trying to "enslave" people. That goes even more so for Europe. Hate the US so much you want to put it all at it's door then that's your problem. Deal with Bilderberg, WTO and World Bank. Last I heard Europe loves their positions to screw w/ people.
stang661 2 years ago
LOL
Conspiracy theories all fail on the logic front since they expect people to be super-smart (which they aren't!), super-consistant (which they aren''t!) and command supreme levels of obedience and secrecy (which is impossible given human frailties!)
LOL Keep blaming the non-existant NWO and miss the elephant in the room, why don't ya!
flangelet 2 years ago
LOL! A conspiracy is when two or more people in secret have a pact for an unlawful or evil purpose. Like your silly US gov't claims. So unless The US gov't in a machine you failed your own claim.
EU whines and complains for help with Bosnia or whatever clusterfuck is a few miles from them but they cannot be bothered. Meantime they usually sold them the arms. UK, France, Germany. Bunch of thugs that pretend to be innocent.
Conspiracy= Drug Dealers + cops. Happens all the time. But it can't!?!
stang661 2 years ago
So you agree the usa is doomed then?
Good to see you're finally wising up!
flangelet 2 years ago
Never really said it was or wasn't in the conspiracy reply. Europe will go down too. Debt in the UK is about the same levels per Pop. as US. Euro will probably die before USD. Not cause it is weaker but it is flawed and the USD has better recognizing. A few will continue to buy USD like they keep playing a losing slot machine which will hold it up a bit longer.
stang661 2 years ago
Euro will not 'die before the dollar by ANY stretch of the imagination.
With Os/bama sending his FIFTH us economic mission to the Saudis to 'beg' for money, while sucking up the Chinese to keep them buying increasingly worthless usdollar-denominated US Treasuries... just HOW is this bad for Euros & good for dollars?
All my clients are pointed away from the usa's busted economy & crummy dollar... with China signing 20yr deals with most of the European miners/oilers... it's all good for Europe!
flangelet 2 years ago
Little to do with USA. The Euro will fail due to the criticisms cited at it's creation. The nations it serves are to dissimilar for it to work. No one in stronger nations want to be dragged down by Spain, Italy, Greece and Ireland? These Euro could be orderly wined down back to other national currencies but that's difficult with bankers looking for their cut.
Look for the US to nationalize something when USD falls and prop it back up. Probably oil/gas companies. Just like Russia.
stang661 2 years ago
"The Euro will fail due to the criticisms cited at it's creation. The nations it serves are to dissimilar for it to work."
LOL
Have you BEEN to any of the countries of Europe?
Perhaps if you had you'd realize that we have changed, we have merged and each country is more similar than you seem to think. Is Idaho so different from Florida?
Welcome to the reality of the 21st century!
flangelet 2 years ago
Many people, me included, would welcome the Euro in Britain too. If the joining conditions were right, it wouldn't be a problem. Currently, there is no need but it's always there if we needed it.
You are very behind the times... have you thought of updating your mindset out of the 19th century?
flangelet 2 years ago
Idaho & Florida? No, it's well established under one flag with a more similar people. Europe has a completely different people. It takes little to point out that Ireland is a drag. Germans aren't Irish. I am sure they do not like them dragging the currency, one day take toys and leaves.
On the local level in the US counties and cities often form partnerships then break up yrs later when it is realized someone is footing most of the bill and has little need and no gain for the bureaucracy.
stang661 2 years ago
LOL
"Idaho & Florida? No, it's well established under one flag with a more similar people. Europe has a completely different people."
If I'd said that it would be racism!
The economies of Europe are better integrated than you think. Tell me about the different states in the usa with huge differentials in income/emplyment/industry/social deprivation... and there's no call for secession yet?
LOL why do you think we are that different from you? Do we live in mud huts? Do we throw spears?
flangelet 2 years ago
LOL,
Economically different & incompatible. Kind of
Sir Alan Walters- from 2005
"Walters explained that euro-member countries had different growth and inflation rates, persistent high unemployment and some had severe budget deficits which would cause the instability which would lead to the collapse of the euro."
Like that.
"Walters maintains that the only way that monetary unions can work is if they are preceded by political union."
Correct. Germany will get tired of it.
stang661 2 years ago
"Anyone with dollars, get out now whlie you still can"??
Hmm..I wonder what he means by that..
gowdaflow 2 years ago
Max, Indians are gold diggers.
Muraabit 2 years ago
no you lazy social security collecting racist renecksare the real gold diggers
realkingkado 2 years ago
What u saying man? Look at every corner down the street! You should be able to find at least an Indian jewellery store. Even in my street, an Indian jewellery store has been robbed recently.
Muraabit 2 years ago
i take it you aint been to Dubai you blood diamond dealers
realkingkado 2 years ago
Well, at least ur Indian people are doing the British's dirty work in Africa under the guise of humanitarian aid lol. What the hell are they doing there btw like in Congo and other places in Africa? I bet u may guess why cos, it would be fair to say that if the British were to put their men there, they would've been accused as colonialist but since you people had been under the British rule, there's still some slave-master mentality left which the Indians obviously aim to enslave others like
Muraabit 2 years ago 2
the Africans by playing the masters.
Muraabit 2 years ago
anyway i aint a redneck but though indians loveeeeee gold, oh yeah, they also fraud people when selling gold. thats just another proof how desiring rich you people wanna become.
Muraabit 2 years ago
Warren Buffett said the way to make money is to "buy stuff when it's cheap and sell it when it's expensive".
Lets think... dollars are expensive and foreign currencies are therefore, in comparison, CHEAP!
With the Chinese suggesting, strongly in diplomatic and oriental terms, that they 'may not' buy any more of your worthless 'paper'; ie. US Treasuries, and the latest bubble in US Treasuries deflating/easing slowly already...
What? You want me to draw you dummies a f*ckin' diagram????
flangelet 2 years ago
"oriental terms"
That's funny.
pretorious700 2 years ago
It sure is.
Let's see if you find it as amusing when the Chinese fail to buy any more long term us debt later this quarter and the Japanese decide to pay for their economic stimulus by dumping their us treasury holdings!
Don't worry... we got out. The world can crash your dollar anytime it wants. We already agreed to use the IMF's SDRs instead of the dollar so it's not a problem for the rest of the planet.
flangelet 2 years ago
Max Keiser is so correct .............. i should exchanged all my money to euro...
bouncer333 2 years ago
gold is better, because all foreign central banks are pumping liquidity into the system.
ari1989 2 years ago
Well he got that one wrong. US dollar has made a rather spectacular comeback of late..
elbrombo 2 years ago
Sorry to burst your bubble but the us dollar did not 'MAKE A RATHER SPECTACULAR COMEBACK OF LATE'... US Treasuries did.
Let me explain.
When the markets imploded in 2008, most of the usa's investors ran to the 'safe haven' of US Treasuries and they rose... SPECTACULARLY. This caused a herd movement and most of the world's money followed theose dummies into US Treasury Bonds/Bills/Notes ... ie. into dollars.
That money is not INVESTED there... it's just PARKED there looking for a better home!
flangelet 2 years ago
What will happen when the recovery starts to happen, money can be made in the markets again & it all starts to drive away OUT OF DOLLARS (out of US Treasuries) into something that will turn a profit instead.
The new chump-in-chief's plan to flood the marketplace with MORE US Treasuries to pay for 'whatever' will encourage more than went in to leave Treasuries as the yield & risk outlook looks poor.
The dollar is WEAK right now (27Feb2009) its just marked by the fear-induced flight to TBills!
flangelet 2 years ago
BTW the recovery is underway...starts small but it's there (27Feb2009).
Don't expect your us media to start pointing it out until much later in the year. usa is still dead though and has no future... unless selling your kidneys for bread and giving bjs for soup represents a future for yanks!
flangelet 2 years ago
2:35
hhahaahahahahahaahahah, so true!
prosvjeta 2 years ago
They said that about Internet, housing, Bernie Madoff, oil, etc...
7boon 3 years ago
Soon I will be using the dollar as toilet paper! Too bad!
Djmikke2007 3 years ago
u americans have really messed things up!
U thought u were the greatest people in the world just a few years ago,now look at u!
Im so sorry for the rest of the world that have invested in dollar and will krach along with u!
I know there are many nice,good people in america, u should get together and stop these insane people that are running the show before u are responsible for one more worldwar!
groggar2 3 years ago 5
Its only a matter of time......trust me
lawharrison 3 years ago
People that live within their means have power in the long-term...Those that live on debt have more in the short-term...What would you have us, responsible Americans, do?
caltrop69 2 years ago
Leave the usa. Burn your passport. Never look back. Call someplace else home. Watch it on tv as cities burn, firefighters strike and the police shoot it out with National Guard troopers over who gets to dip their bread in the soup first...
Meanwhile, the rest of the world will take up your slack, do your job better, faster and cheaper and wish this had happened sooner while whistling a happy tune.
'Responsible Americans'? When I see one, I'll tell them that!
flangelet 2 years ago
Your recommendation is to leave the United States? That doesn't seem very practical. I hope, though don't necessarily believe, that you're wrong.
caltrop69 2 years ago
hey groogar 2 . hope no one "kraches" a jet or three into your head. typical foreign douchebag, liberal cunt. This countries done more in 200 years than your douchebag country has accomplished since the stoneage! Oh- and per your grammar.... Fuck "U"
robman9163 2 years ago
At least i have an iq over 120 and the average american has 85!
LOL
So why are u angry u fat cowboy!
U clearly dont know what you are talking about u retard!
Sweden have done so much more than youre fucked up usa!
What have u done?
Destroyed the earth?
Killing people in other innocent countries?
U even stole the country you are living in?
you are sooo stupid!
groggar2 2 years ago
This comment has received too many negative votes show
There's something very ugly about French news. They could use better producers and set designers over there.
CaptainObvious420 3 years ago
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Hey, I can teach you how to create website and sell website over the internet, home business. Real job. Click.
IvanKrstich 3 years ago
Truth hurts
Jason310M 3 years ago 5
time for a gold bubble
zppz 3 years ago
Gold has all ways been real money. The sheeple are about to discover this truth again.
mascar33 3 years ago 6
the truth about usury...
defaultuser11433 3 years ago
This is a heartless recession created by a few super wealthy who can ride it out. This is the age of no accountability. There has been no money for main street in the bailouts as the corrupt congress pretends to grill Paulson. The only one doing anything of value, is Ron Paul, who has organized an 'end the Fed' tour which would stop the globalists in their tracks, restore the US, and end the madness. Please support his effort to save America from the Foreign banks who control our current govt.
ClintfromNYtoVA 3 years ago 3
"It turns out that gold is just a shiny metal. Very shiny, but still just metal."
Nebzz 3 years ago
He tore his coffee money to shreds, but at least he still had the banana to chew on during his lunch break.
WOLF333999 3 years ago
And they're very energy-efficient, unlike vibrators.
WOLF333999 3 years ago
This comment has received too many negative votes show
Max Keiser is just a dumbed down version of Peter Schiff. He tends to spin his opinions on partisan emotions. For example, he said the November elections would be postponed because of the crisis. He also advocated spending up to a trillion dollars in reparations to African Americans. Come on.
Listen to Schiff, this guy is too flakey.
jrigeli 3 years ago
Schiff is so in love with Asia, and look, he lost his clients a ton of money investing in asian stock markets. and he is still in love with that story about 'decoupling' too bad he was big time wrong. Max is willing to admit mistakes and revise his investment thesis.
krist300 3 years ago
Are you listening to Max and what he is saying and doing? ripping a dollar into pieces and comparing it to bananas should tell you something. Also Schiff has not lost any of his clients money. If you don't sell into this panic you don't lose money.
Get your story straight.
Lucky7wins 3 years ago
RIght now because of deleveraging and unwinding of carry trade and other hedge fund monkey business, USD is strong. The long term trend of US is down (for obvious reasons) until they get there house in order. He is right, but it isn't going to happen over a couple of months, it will take at least several quarters, (12-18) months.
krist300 3 years ago
You dont need max to get the logic. If u think debt and exessive consuming of foreign goods with borrowed money while producing less and printing money to buy urself out of it doesnt have big effect on inflation and the dollar in the long run then keep buying dollars.
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r3dredwine 3 years ago
I believe the Chinese half-trillion dollar stimulus package is basically the beginning of Asian decoupling.
I still say Keiser is a flake. Just read some of his articles in Huffington.
jrigeli 3 years ago
he called the Iceland banking crisis 2 years ago, the mortgage crisis were in right now (2 years ago), for a flake he has a pretty good predictive track record. Wait and see what happens he might be crazy like a fox
krist300 3 years ago
Well Peter admitted that couple of times in interviews with for example, Fast Money. Short terms prospects are always difficult to predict.But he has been spot on with gold and silver, and the theory of their rise. Still, both Max and Peter are right on the fact that hedge funds are selling oil, gold, and stocks globally to muster cash and buy dollar.
PAZ0619 3 years ago
But unlike the US, Asian countries(China, Japan, S.Korea, India) have real industrial bases. Even Taiwan, especially Singapore and Hong Kong, despite of the lack of dominant industrial base, have sound financial infrastructure, as well as a high savings rate. Both Australia and New Zealand have a better economic foundations than the US because their economies are less debt based.
Therefore, they will escape the worst of the downturn as America would be left in the dust in the 2010s.
PAZ0619 3 years ago
Max Keiser is the bad economist. Similar to a good cop/bad cop senario. Will Sean Hanitty will not take the risk of having him in his shows? The truth hurts.
That reminds of a Rush Limbaughs example of using filled sport arenas as a barometer of our economy. During the NFL playoffs, there will be games with sections of empty seats. I will not be surprised if that happens.
popcur 3 years ago
Sean Hanitty probably won't have Max on his show because he knows he won't be able to talk over him the way he does with all his other guests.
carlfinkle 3 years ago 5
Max Keiser isn't an economist, he is a forcaster, journalist and former wall street analyst/ broker, economist is a more academic discipline. But economists got everybody into this mess, so now we need people with real common sense to alert us to the dangers.
krist300 3 years ago 12
@krist300 I had coffee with Max and he is an interesting gentlemen and his views need to be on mainstream news so that way people will wake up to the financial situation caused by wall st.
agenthelios 1 year ago
So buy what?
pismo10 3 years ago
I bought 5 bananas for $1.64 so yahhh he's right
L2design 3 years ago
haha i love this guy
He's right peeps, get your gold now
itsame32 3 years ago
do u seriously live in france? wtf? that looks like fake background
Serge808 3 years ago
hahaha what an idiot. you think he would really be sitting outside?? hes in a studio somewhere. IN france.
hellmuth26 3 years ago
Hey, I don't like the fact that he's ripping up perfectly good toilet paper.
ironhawk70 3 years ago
pew pew pew. my msn messenger id is in my profile! msg me if u want! o
6392408 3 years ago
Fuck off you slut.
daniel987878 3 years ago
He is slightly off the mark. Indian people have anything between 15000 and 18000 tonnes and imports 400 to 700 tonnes per year. Reports say that it imported 100 tonnes in the month of august 08 alone when the gold prices plummeted. However the indian market is extremely price sensitive and sales promptly fell when the rupee depriciated from 40 to 48 per dollar causing gold prices to appreciate in rupee terms.
thirunagar 3 years ago
2000 years ago 100 ounces of gold would buy a small farm. Today, 100 ounces of gold will still buy you a small farm. A paper dollar from today is only worth 4 cents of a 1913 dollar,and that is without hyperinflation. During the civil war a $20 gold piece and a $20 paper bill would both buy you a nice handmade suit. Today, the gold coin will still buy you a nice handmade suit and the bill will get you and your friend lunch at McDonalds. Check spot price against ebay price for gold and silver.
fishingthewatershed 3 years ago 3
Max is right on the mark. The US economy produces debt money that is insured by compound fradulent insurance, (credit derivatives.)
We could work our way out of our mess if we had dollars insured by Gold and jobs producing materials and goods for export markets.
Insread, we are keeping our economy going by killing whole countrys and buying big screen TV's.
Liozeris 3 years ago
He's wrong. The leaders are telling the truth, financial advisors are good people. Indians must be slaughtered for their gold, of course, but this will be great for the dollar. Remember, keep the military strong and the dollar will look after itself.
sxmadrid 3 years ago
MAX, first time i've heard you or him. He synthesizes historical events rationally however I am so new to him that I don't have an opinion on his credibility. Anyone have direct evidence of his credibility?
Marly61 3 years ago
100% Crazy
100% Spot on
100% funny as mook
joneselius 3 years ago
Keiser overplays a bit but he's basically right. Gold will re-become the basis of the economy like it was for centuries (and since the Romans). Greenspan should not be his only target; it goes beyond him. It is the Friedman/Chicago Ecomonists' Doctrine, who's theory, accepted and implemented since the 60s-70s, that's to blame for this meltdown. The theory did not stand up to the practical application. Too bad Friedman isn't here anymore to see what his theories brought about.
simonack65 3 years ago
I disagree. friedman believed in the free market, right? Well, in a free market, the market would determine the interest rate, not a central bank. If a company had made bad decisions it would go out of business, not be saved by a central authority. The reason we are in this mess, is not because of too little regulation, but because of Selective Regulation.
The cycle of boom & bust is a product of central control and guarantee. Let companies fend for themselves.
McConsumer 3 years ago
i agreed. it's the SELECTIVE REGULATION. politicians from both sides of the parties taking money from the big corporation. now they have to bail them out.
there is nothing wrong with free market. just lay out the rules for everyone to follow and let the markets do its own job.
KhmerD0g 3 years ago
Thats right the gove has a role of regulation not intervention. The cops make sure noone is jumping red lights they dont drive peoples cars to ensure lawful behaviour.
daniel987878 3 years ago
BOTH McCain (NeoCon-Fascist) & Obama (Democrat-Socialist) ignore their Constitutional Oath & embrace this Federal Totalitarianism!
Want REAL change? YOU Change!
Vote for ANY 3rd party & most importantly ARM YOURSELVES!
yakyakyak69 3 years ago 3
"BOTH McCain (NeoCon-Fascist) & Obama (Democrat-Socialist)"
u hit the nail right there.
KhmerD0g 3 years ago
Well, it would appear all is going as PLANNED !
jeffreytrochelman 3 years ago 2
All is not going as planned! The Fed is injecting loads of new currentcy, the stock market is tanking and gold/silver and oil and their related stocks are down, while the dollar inexplicably rallies. Some of the opposite of what he is saying. Although I know Gold/silver are going much higher in the end.... By the way bet that was a dollar bill and not a hundred.....
vendor72 3 years ago
Sarcasm is difficult to convey in print. Although "the dollar inexplicably rallies" It can only be temporary and is being held up by a wing and a prayer."All is not going as planned !
That would depend on who is doing the planning. These massive injections of money, can only do one thing and it isn't good. So then why do it ? Seems like a plan to me. :) But nobody of consequence has asked for my opinion. My over inflated ego finds this puzzling.
jeffreytrochelman 3 years ago
and your opinion is jeffrey?
vendor72 3 years ago
My humble opinion is this is not by default but design. Central banks are the bane of human existence. They have from their inception been intentionally designed to benefit who? Ok well...... that was a no brainer. My question is do you feel this is simply and economic fluke ? The ebb and flow of complicated financial instruments ?
jeffreytrochelman 3 years ago 4
Keiser for president
djdavid45 3 years ago 4
He is the "Kaiser" ! All true....
Phil98000 3 years ago
true!
sikminesta 3 years ago
We need to start growing our own food and making communities with like-minded people. This is our opportunity to get rid of the system. Just let it collapse by its own weight.
cacophony00 3 years ago 5
Max is bang on the money once again. Love this guy
anwar068 3 years ago 4
I love the paper money tearing.
LiquidMetalBand 3 years ago 3
Max Keiser ROCKS. Everyone spread the info about him. This man needs to be listened to in America more.
PoliticalHackertTube 3 years ago 2
Max is a smart, honest and frank guy who is also very insightful. He has his own website too. Also, check out Peter Schiff for real economic analysis.
peaceanddemocracy001 3 years ago 2
After the Dollar we will still have to face the Amero. Same system, same rules, this whole crisis won't solve anything.
wylinonwax 3 years ago
He is correct in his basics but not in some particulars.
Bin Laden did NOT attack America. He was pawn in the bogus "attack". He was a CIA employee. The US fascist Reich attacked innocent US citizens.
The housing bubble was built starting in the 90s under Clinton and only got worse under Bush.
There is no gold in Fort Knox.
The Rothschilds and other London City State bankers own the HUGE majority of the world gold reserves and are manipulating THAT market, making gigantic profits.
t4705mb6 3 years ago
Bill Clinton, best president ever, he accomplished almost nothing
stuman1650 3 years ago 2
isn't the dollar downfall constructed in order to bring in the amero??
seanvonburns 3 years ago
This has been flagged as spam show
go back to a gold standard
JG129 3 years ago
To say gold will rise is to say the dollar will drop... gold has maintained steady worth for just about as long as economy has existed, hasn't it?
milliradian 3 years ago
Dumbass, Bananas are delicious and worth a lot, and my country grows a lot of them and hopefully soon Americans won't even afford to be buy them with their worthless dollar.
gotsmokni99a 3 years ago
CHINA'S DOLLAR MILLSTONE (Asia times)
Part 1: Breaking free from dollar hegemony
Part 2: Developing China with sovereign credit
Part 3: History of monetary imperialism
Given US dollar hegenomy, China and Japan have little choice but to invest their export earnings in US Treasuries or other dollar-denominated assets. In consequence, China now lends to the US more than double the vast sums Washington lent to war-torn Europe in 1947 under the Marshall Plan. And the US is anything but war-torn.
hoktula 3 years ago
Now I KNOW the devaluation of the dollar is deliberate.
hornetobiker 3 years ago
I wish our Congress and senate spoke like Max Keiser. I might have some hope!
jonah70757 3 years ago
If a casino go's bust, do we bail them out?
madbillt66 3 years ago 4
It is 'against the law' to deface or destroy money, i like to see the us government come after him for that. but point taken, the dollar has become like monopoly money now.
poksweet1213 3 years ago
To pokesweet : If it is against the law to destroy money, you should go after your goverment, not the other way smartass. They have destoyed it.
zupermusa32 3 years ago
It is also against the law to devalue our currency by flooding the market with 700 billion.
It also is against the law to:
-Wage illegal and unconstitutional wars without congressional approval.
-Kill millions of innocent people.
-Illegally detain people
-Torture people
Our president, appointed, and not voted into office, has brought this once great nation to it's knees, and you're worried about some guy ripping up a dollar bill.
Typical sheep-think.
RexNunc 3 years ago 3
actually i was hypothesising whether or not any one would actually have the gall to go after someone ripping up a dollar bill. considering guantellemo bay, the US really is a fascist state.
my opinion is its 'his' money, he is in possesion of it, he can rip it, set fire to it or even shit on it, the US government has no right to detain him given thier track record.
im a wolf in sheeps clothing.
poksweet1213 3 years ago
was it a dollar bill?
Your grandparents in the 30ties called it vegetables, because the dollar is green.
They knew it better: vegetables can not hold value!
And now history repeats itself and millions and millions go do suffer and die.
Love2ViewYEAH 3 years ago
Isn't it an offence to rip up that dollar bill as he did?
neil9327 3 years ago
can I come live with 1 of you french men/even better women until the riots and murders are over plz
plzIneedhelp 3 years ago
grapefruit are already over $2.00 a piece.
rigoletto68 3 years ago
lol, you measure things via. grapefruit, makes sense though. inflation sucks.
photofu 3 years ago
LOL...the Economist magazine used to publish Big Mac prices globally as a way of comparing currency strengths, etc....I use grapefruit, gas, etc...things people actually use...the real world as opposed to the Fuzzy Fed CPI which has been so garbled that it avoids including anything that rises in price....LOL.
rigoletto68 3 years ago
My Dad is Addicted to grapefruit, poor dad lol.
gotsmokni99a 3 years ago
LOL...I used to be but switch to the cheapest fruit on sale nowadays. I tease the older men at the Walmart door telling then when they retire instead of getting a gold watch from the boss they will get something better...a ten pound bag of grapefruit...LOL...
rigoletto68 3 years ago
Be simple enough if we could admit we are only a nation of farmers and inventors. We are not up to being a cutthroat Empire. Can't afford it.
Answer? Declare an across the board forgiveness of all debt from top to bottom. States should charter banks using any kind of medium. Dump the thieves and cretins on Wall St. and D.C.
Change laws so that there is a Wall St. in every city. Send the SEC packing.
Let them try to earn an honest living via voluntary cooperation, if they can.
Juliusno1776 3 years ago
well said Keiser...I'm getting the FK out of the dollar. Lies, Lies, Lies---bullsht and more bullsht; it is time...poor unaware, mind FKD Americans.
A19Z89 3 years ago
The Bailout is RICO and should send several congressmen and senators to jail. How can the very people who recieved campiagn contributions from the financial institution draft a "bailout" of their sins with the money of the tax payers they "represent". This is clear legal CONFLICT OF INTREST.
No lawmaker who got money from banks should have any input this financial matter.
I'm just an idot, where the fuck is the FBI?
Oh, chasing Rappers.
Sorry.
eyewitness043 3 years ago 4
watch?v=T7K6kvUnyhM
NO BAILOUT!!!
tetrixcorechico 3 years ago
i bet this guys got some goldspring shares
tannedking187 3 years ago
Max is a friggin genius...excellent!
DizzaTheDon 3 years ago 3
This guy is like peter schiff with a sense of humor, love it.
imnos482 3 years ago 4
Gold doesn't lie. It has been valuable since before Jesus. I think I trust in gold more than some bs money manager trying to make a buck for himself.
imnos482 3 years ago 3
What a hero
earthstick 3 years ago 2
gold sucks, but it looks like people might not have a choice at this point, things look pretty bleak. I still am on the fence with gold.
krist300 3 years ago
why does it suck?
fatjohn1408 3 years ago
gold doesn't pay a dividend, doesn't generate anything as an investment( ie research, science, infrastructure) it sits in a vault or under your bed, and, thats it. But as Max points out, when investment bankers lie and governments lie, then we get in this mess.
krist300 3 years ago
He's wrong, the U.S. OWNS NO GOLD! Fort Knox is empty.
ronpaulrevolution 3 years ago 6
Dude...FORT KNOX IT NOT EMPTY!!!
It has lots and lots of dust.
It has a few light bulbs.
It has a few mouse traps.
whaler3232 3 years ago 7
Wrong again! The Cheshire Cat lives there. He doesn't like dust and lightbulbs, and catches mice with his very own paws.
WOLF333999 3 years ago
peter schiff is very good but i have to say this guy is funny and does make some good points.
basszack 3 years ago 2
Hells yes!
msaghirmd 3 years ago
Great video! We need more guys like this that tell the truth! Love the banana and the gold coin comparison. The dollar is toast! Let Americans suffer, their too stupid to be wealthy and free!
bigdad06 3 years ago 3
however its the americans Free choice to elect their own president.The americans have no one else to blaim but their fellow american next to them. Its a pity..
Oxa1 3 years ago
it doesn't matter who votes the elite pick the president the voting polls are lying.
koolnerd79 3 years ago
You can 't solve over leverage and debt, with more dept!
The only thing that's happening is that the financial companies debt is becoming the people's debt!
virginlampoil 3 years ago
its so sad to see that the humanity of politicians and economists has disappeared. Only the poorest and ppl less fortunate in this world are the only humane left.There is no sense of humility or respect for ecnomy and human life any more..its all about money.President who are elected must be completely independent on foreign private affairs(ex no stocks or savings in other companier) It must start from the top layers.
Oxa1 3 years ago
His math on gold is flawed. Americans own the most gold per capita by far. India has a billion people and 13 tons of gold. America has 300 million people and 8 tons of gold. Do the math. But yes, the rest i agree with.
dequeant 3 years ago
He says the Indian people themselves have 13 tonnes of gold, half of all the above the ground gold not held by gvts. Indian gvt owns under 500 tonnes. US govt owns the 8 tonnes on behalf of the people.
swissfrankenstein 3 years ago
damn 500 tons of gold are owned by the govt. why am i struggling.
photofu 3 years ago
Not 13 tons - 13,000 tonnes owned by Indian people. And US central bank is "supposed" to have 8000 tonnes in Fort Knox and not 8 tonnes. But that was last audited in 1959 or 1979 and nobody is sure if we still have it.
jigsboy 3 years ago
Wow are you ignorant. Public vs Government Gold is a very differnt thing.f Idiot.
Let me guess, you are one of these 300lb fat Americans who are in debt up to their eyes from all the donuts you shove in your nasty body.
I bet you still think Arabs did 9/11 and America put a man on the mooon.
What an idiot. You believe anything the propaganda TV tells you. Pathetic.
bucktotim 3 years ago 2
His math on gold is indeed flawed, however your assumption that Americans own the most gold per capita is also flawed. If we look at tons per million America has 27, Germany has 42, Holland has 41 and Switzerland has a whopping 167.
Elu112 3 years ago
u misunderstood what max said. not all indian people have gold. he means within the indian population 13 thousand tons are spread among the population. probably only about 200 million indians actually have gold. the rest are just poor.
KhmerD0g 3 years ago
This guy is knows his banannas!
vendor72 3 years ago 2
LMAO! Dead on, so glad I bought Gold and Silver.
VegasRage 3 years ago 2
OH YEAH! Truth equals opportunity. Buy silver and gold people. Youtube Mike Maloney silver.
"Unite or Die. Liberty or Death."
Tasadaru 3 years ago
LOVE MAX KEISER, very intelligent
pak4L 3 years ago 5
Wish I lived in France. The US sucks and the people are stupid. They keep electing Republicans who love big business. Idiots all.
DrBones666 3 years ago