European and US stocks have fallen, in one of the worst qarterly falls for the markets in the past decade.
Stocks dropped broadly on Friday in fresh signs that Europe's debt problems and the US economy continue to languish.
The Dow Jones, Standard & Poors (S&P) 500 and Nasdaq each lost more than 12 percent this quarter, the first time that's happened since the financial crisis crested at the end of 2008.
Friday, September 30, 2011
Jim Rickards: Gold is Money ($7,000 Gold Price)
Jim Rickards must be a very nice man because every time he is interviewed on this channel, the brilliant hosts (said sarcastically) continually mock him by making light of his thoughts on gold as money. Jim Rickards presents yet another clear and concise message as to why gold is money and the gold price should be around $7,000/oz in a few years due to the fiat money printing from the US & EU.
Rickards also discusses the importance of the SDRs issued by the IMF and the increasing importance in the rise of Germany's powers. Germany is in the process of creating the Fourth Reich in financial terms and Rickards is ahead of the game (as usual) by understanding the nature of governments and the barbarous relic know as gold.
Great interview, just ignore the condescending attitude of those asking questions.
International Lenders Blocked by Protesters in Greece
George Papandreou, the Greek Prime Minister has been meeting EU leaders to assure them that the country is implementing key budget cuts needed to receive $11bn in bailout money.
Nicolas Sarkozy, president of France, a country also plagued by austerity woes, assured Papandreou of his full support on Friday.
But, the European stock markets wobbled again later in the day ahead of what could be their worst quarter since 2008. Europe's strongest economy, Germany, saw the biggest fall of 2.9% in retail sales in four years.
Protests, in the meantime, continued at government ministries in Athens.
Tired to Debt: Greece Burning the Bill
International debt inspectors are having trouble visiting key ministries in Greece - because angry workers are occupying them in their latest anti-austerity protest. The delegation are in Athens to decide whether Greece is fit enough for another portion of bailout - the government's last chance to evade a collapse later this month. The decision was suspended earlier, over doubts that the country is doing enough to reduce its enormous debt. Leaders have pushed through pension cuts and extra taxes to try and please their creditors, but the public remains convinced that the relentless austerity policy is only making things worse.
RT's Sara Firth reports from Athens.
Also, RT talks to Pawel Swidlicki, who is a researcher and analyst with the Open Europe organization
Venezuela Announces Freeze of Oil Investment in US
Venezuela will not make any further investments in the U.S. in the hydrocarbons sector, as announced by director of Venezuelan state oil company PDVSA, Jesus Luongo, a move that responds to a political decision made by President Chavez.
Thursday, September 29, 2011
Illegal Gold Mining Ravages Malaysia Forests
Gold digging has been taking place in the forest of Malaysia's southern state of Johor since the 1960s.
However officials in the forestry department say that the work is polluting the river, causing soil erosion and damaging trees in what is still a primary forest.
But as gold prices are expected to hit 2000 dollars per ounce, illegal mining is likely to continue.
Al Jazeera's Stephanie Scawen reports from Johor.
Did the Operation Twist Work?
September 28th, 2011: Al and Roger Wiegand discuss the impact of the twist as well as the establishment of the EFS and what it all means for the precious metals markets.
The Dumbest Thing Ever Said About Gold Investments
Reporter says gold is down and people may be selling because gold is not backed by anything and the U.S. dollar is backed by the Government.
Keiser Report: The Greek Depression
This week Max Keiser and co-host, Stacy Herbert, ask why wallstreet protesters are maced in the face for merely walking on the sidewalk while JP Morgan's CEO can throw a tirade in the face of regulators and a central banker without being pepper-sprayed. They ask why Vince Cable doesn't pack some pepper spray.
US Economic Chaos
From the financial crisis in 2007 to the bail-outs, to the Obama's job's bill, the US economy is still suffering. Unemployment stands at a standstill and some analysts believe the perceived recovery has never begun.
Wednesday, September 28, 2011
Central Banks Under Attack
CEO Patrick Byrne discusses the Federal Reserve's new PR campaign and the blistering bipartisan attacks the US Central bank is facing from Congress. Will the central bank lose its independence?
Iran Today: Banking System in Iran
A good economy and sound banking system has the first say in the development and progress of a country.
A strong banking system will lead to the smooth flow of business transactions and provide financial security among a nation. Known as a developing country, Iran has been after discovering new ways to promote its banking system to reach the objectives it has pictured for the future.
To this end, Iran has privatized some state banks, allowed the establishment of all new private banks and installed modern methods in the country's banking transactions such as electronic banking.
In this edition of the show we will walk you through the banking system in Iran.
Max Keiser: US, EU Banks Behind Economic Crisis
European Commission chief says the EU could face the "biggest crisis in its history," and called for a financial transactions tax and the creation of eurobonds to fix the bloc's economic crisis.
Interview with Max Keiser, Journalist and Broadcaster
Does Goldman Sachs Rule the World?
Alessio Rastani, an independent trader, had an eye opening interview with BBC where he stated Goldman Sachs and not governments rule the world. He went on to say that he dreams of economies going into recession. Rastani has taken a lot of heat from the media, claiming that he is a phony. Kristine Frazao investigates to see if Rastani's statement has any credibility.
Gerald Celente: The System Is Rigged
In 2008 Goldman Sachs was one of two major investment banks that were bailed out. Shortly after, it was reported that they were giving huge bonuses. Now Goldman Sachs is laying off employees and making absurd cost cutting measures. Gerald Celente, a publisher for the Trends Journal, joins RT to talk about this.
Peter Schiff: Ruined Economy, Artificial Dependency
RT talks to Peter Schiff, president at Euro Pacific Capital about the state of economy in US.
Rich Getting Richer in Ontario
Hugh Mackenzie: From 1992 to 2007, 90% of the income gain in Canada went to the top 1% while their effective tax rate went down
Keiser Report: Pax Americana Pyramid Nightmare
This week Max Keiser and co-host Stacy Herbert discuss "Operation Twist", "BMW Town" and other pyramid schemes. In the second half of the show, Max talks to in-studio guest Joe Weisenthal of Business Insider about Operation Twist, monetary policy and Groupon.
Tuesday, September 27, 2011
Mr. Schiff Goes to Washington
Peter Schiff's Congressional Testimony 9/13/11 This clip was edited for content to comply with U.S. security regulations
Peter Schiff: Government Perpetuates Poverty
Even in these tough economic times, Obama supporters are still paying upwards of $36k per person at campaign fundraisers. Protestors have lined up outside these events to express their frustration with the economic situation and disapproval with Obama's administration. Peter Schiff, president at Euro Pacific Capital, explains where this frustration originates from.
EU to Brace for More Painful Cuts
An economic expert says the ongoing financial crisis in Britain and other European countries can go through more widespread austerity cuts which would lead to unprecedented protests.
An exclusive interview with Marco Pietropoli, an economist with RM Wealth Management
Merkel Promises to Do 'Everything' for Greece
Germany will do all it can to help re-establish trust in Greece's economy.
That's the pledge from Chancellor Angela Merkel, who spoke to a group of business leaders in Berlin on Tuesday.
Addressing the same crowd, Greece's Prime Minister assured the world that his country will pay back all of its debts.
Al Jazeera's Jonah Hull reports.
Monday, September 26, 2011
Peter Schiff: State of the Gold Market
Peter Schiff gives his analysis of recent developments in the precious metals markets. Sept. 26, 2011
Mainstream Ignores Occupy Wall Street
It has taken a while for the mainstream media to cover the Occupy Wall Street demonstrations. Now 10 days into the protests the coverage has begun, but is the media spinning the purpose of the demonstration? Marcel Cartier, a rapper and activist who was at the protests, shares what it was like. He is joined by Chris Chambers, a journalism professor at Georgetown University, to give us some insight on why the media avoids covering the protests.
Occupy Wall Street - News Analysis
More than one week has passed since protesters have camped out near Wall Street in New York; the place protesters have renamed Liberty Square.
"Occupy Wall Street" protesters identify themselves as the 99 percent that no longer tolerate the greed, corruption and the injustices of the one percent.
Sunday, September 25, 2011
Keiser Report: Cultural Fragging
This week Max Keiser and co-host, Stacy Herbert, discuss cultural fragging and financial flashbacks. They also discuss Papandreou's high frequency austerity measures for Greece. In the second half of the show Max talks to Ned Naylor-Leyland of Cheviot Asset Management about the latest developments in the silver manipulation case against JP Morgan.
Saturday, September 24, 2011
Irish Economic Crisis - On the Edge with Max Keiser
In this edition of On the Edge, Max Keiser interviews David McWilliams from DavidMcWilliams.ie.
He talks about the latest debt crisis in Europe that is engulfing Greece and now Ireland.
Friday, September 23, 2011
IMF Became a Bailout Machine?
With the eurozone debt crisis continuing and persistent high unemployment plaguing the US, much of the world is believed to be spiraling towards recession. While global growth is expected to stall, can the International Monetary Fund offer any solutions to this worldwide crisis? Or is the very institution actually part of the problem? Paul Craig Roberts, columnist and former Reagan administration official, explains to RT's Lauren Lyster.
Max Keiser: The Economic Reset Button Needs to Be Pushed
Fears have increased over a second wave of worldwide economic recession, as Asian markets opened with a slump, after an arduous session on Wall Street. It's the second straight day of bad trading, after Thursday's global markets had their worst drop for a month. Max Kaiser, host of 'The Keiser Report', says banks are to blame.
Jim Rogers: US Dollar Is ‘Not A Safe Haven'
Jim Rogers joins CNBC to discuss the current turmoil in commodities and the broader stock market. Rogers states that commodities are suffering as people are looking the the dollar to store their money. The dollar “is going up against everything right now” for a number of reasons, said Rogers. One may be that everybody is panicking “and for some reason they’re rushing into the U.S. dollar. The U.S. dollar is not a safe haven, if you ask me.’
Donald Trump Exchanges Lease for Gold Bullion
New York - Donald Trump has made an unusual business transaction by leasing space in Trump Tower in exchange for a payment in gold bullion instead of dollars.
A company arranging a lease in 40 Wall Street, once the world’s tallest building, persuaded owner Donald Trump to accept gold bullion in payment instead of dollars.
The company, American Precious Metals Exchange (APMEX) is one of the country’s largest sellers of precious metals. The Oklahoma business is expanding into New York and pulled off a great promotional deal with its unique business approach as it promotes the use of gold as an alternative to the dollar.
Michael Haynes, CEO of APMEX, personally presented Trump with “Three, one kilo, .9999 pure Gold bars, weighing in total approximately 96.45 troy ounces,” in return for leasing 10,000 square feet in Trump Tower, according to APNEX. The gold payment equated to $176,000. Haynes said he was
“Pleased that Mr. Trump has agreed to accept Gold as a deposit on this lease, and in doing so expresses his confidence in Gold as a valuable, long term asset.”
APNEX announced that Donald Trump said
“The Trump Organization has always strived to be ‘the gold standard.’ The legacy of Gold as a precious commodity has transcended to become a viable currency and an accepted universal monetary standard.”
He added “Central Banks around the world are holding Gold as a reserve asset. It is also a terrific, potentially lucrative diversifier in a portfolio, especially with such volatility in the stock market.”
Trump also made a statement reported by Market Watch, saying
“It’s a sad day when a large property owner starts accepting gold instead of the dollar. The economy is bad, and Obama’s not protecting the dollar at all....If I do this, other people are going to start doing it, and maybe we’ll see some changes.”
According to the Independent, the Trump already includes some gold in his personal portfolio.
Read more: http://www.digitaljournal.com/article/311792#ixzz1Yp4O8Wxs
Thursday, September 22, 2011
EU Banks Infected
Fears about another global financial meltdown, continue to grow. Stocks plummeted today, with the Dow Industrial Average at one point falling as much as 527 points. In Europe, Standard & Poor's downgraded the ratings of seven Italian banks and headlines were running wild, about French banks looking for cash in the Mideast, although BNP's CEO denied those claims. This week finance ministers from the BRICS nations are meeting here in Washington at the IMF. But how much good could they really do? Economic Analyst, Gonzalo Lira weighs in.
Wednesday, September 21, 2011
Tuesday, September 20, 2011
IMF Sounds Alarm on Growth Outlook
Sept. 20 - Investors recover quickly after S&P downgraded Italy but the IMF sounds a fresh alarm, cutting its global growth forecast for this year and warning that Europe and the U.S. may slip back to recession.
Central Banks Take Refuge in Gold
Real Clear Markets Editor John Tamny on why even the central banks are flying to the safety of gold, and what it means for paper currencies.
Greece Risks Running Out of Cash by October
Greece is trying to convince the European Central Bank and the International Monetary Fund that it can meet strict budget targets promised, in return for a 110 billion euro bailout. International lenders have told Greece it must shrink its public sector and improve tax collection to avoid running out of money within weeks.
Many envy Greece's culture and climate - but it's a tough time to be Greek.
The country is deep in recession - unemployment is at a record high of 16% and Greeks have seen wage cuts and tax increases.
Keiser Report: Dollar-Trapped
This week Max Keiser and co-host, Stacy Herbert, discuss Babyface Bernanke, Eurotarp and 'rogue traders.' In the second half of the show Max talks to Bill Still, director of The Money Masters & The Secret of Oz, about Fort Knox, state banks and monetary reform.
Godfrey Bloom: Euro Fail for Christmas
Italy's docked a point for not moving fast enough - a credit ratings giant loses faith in Berlusconi's budget ability, while his Eurozone partners are left wondering who's next. RT talks to MEP Godfrey Bloom who's in Brussels.
Monday, September 19, 2011
Germans Protest Economic Crisis
Several thousand people demonstrated in Berlin against the government's social policy. Workers, unemployed, pensioners and peace activists denounced the dismantling of the welfare state to consolidate the federal budget and demanded the introduction of minimum wages.
S. Korea Suspends 7 Banks on Weak Finances
As South Korea's savings bank sector struggles with market volatility and bad loans, the country's Financial Services Commission has imposed a six-month suspension on seven ailing savings banks, as part of efforts to prevent financial contagion.
The suspended banks will be allowed to resume normal business if they can improve finances and bolster capital within 45 days.
Similar orders were issued by the commission earlier this year.
The FSC has also requested a special fund of 500 billion won, or 451 million U.S. dollars, to shore up the banking sector in next year's budget.
Sunday, September 18, 2011
Central Banking: The God That Failed
Monetary historian Lew Lehrman traces the sordid history of fiat money and central banking and explains why a return to the gold standard would improve working people's economic prospects
Thursday, September 15, 2011
Keiser Report: Debt Carpet Bombing
This week Max Keiser and co-host, Stacy Herbert, discuss a tweet describing them as the Eldridge and Kathleen Cleaver of the financial war. With that in mind, they look at the modern equivalents to the carpet bombing, Agent Orange and Saigon prostitutes of the Vietnam war and observe that Christine Lagarde has 'loved Arab Spring nations a long time.'
In the second half of the show Max talks to Zeus Yiamouyiannis of OfTwoMinds.com about the debt jubilee and Crash JP Morgan, Buy Silver.
Wednesday, September 14, 2011
John Brimelow Talks with James Turk
John Brimelow, of goldjottings.com, and James Turk, Director of the GoldMoney Foundation, talk about premiums over spot paid for physical gold around the world. They explain the importance of India to the gold market and the growing force of China. They also talk about gold demand in the Middle East, Vietnam and Turkey. They consider central bank gold interventions and the use of gold buys to offset foreign exchange reserve accumulation. They talk about the pressure on the Swiss franc and South Korea’s gold purchase. This interview was recorded on August 4 2011 in London.
Tuesday, September 13, 2011
Keiser Report: Confidence Game
This week Max Keiser and co-host, Stacy Herbert, discuss psyops in the gold market, Tony Blair's con job in Libya and Jamie Dimon's 'patriotic' bailout in America. In the second half of the show Max talks to Nick Verbitsky, director of "Confidence Game," a film that explores the last week in the life of investment bank Bear Stearns
Is Greece the Catalyst to Global Default?
Greece is on the brink of defaulting on its loans. Many are thinking the country's economy could trigger a chain of events that will lead to a global economic crisis. Holders of Greek bonds have the most to lose if Greece can't pay what it owes. Is the US going to feel the effects of the Greek economy? Edward Harrison, founder of Credit Writedowns, tells us what the consequences could be and how it will affect the US.
Monday, September 12, 2011
Keiser Report: Passing Fiat Cash Grenade
This week Max Keiser and co-host, Stacy Herbert, discuss passing the currency grenade and the Central Bank of Nigeria mentions trading oil with China in yuan. In the second half of the show Max talks to anthropologist, David Graeber, about his new book, Debt: The First 5000 Years.
iIMF Bailouts Way to One World Govt, Greeks Sick of Eurocrat Orders
Anthony Wile, the founder and chief editor of thedailybell.com website, believes that whether Greece decides to leave the euro zone comes down to the people, who are getting frustrated and are no longer willing to take the shots being called by others from the outside.
CrossTalk: Euro SOS
Will the euro leave the eurozone? How long before the currency becomes history? Who will miss the euro? Or will the euro hang on for a while as the countries simply can't give up on the project they greatly invested in? Michael Hudson, Jeffrey Sommers and Matthew Lynn CrossTalking
Thursday, September 8, 2011
Ed Steer: Central Banks Are Printing Oceans of Money
Ed Steer, of Casey Research, explains to the GoldMoney Foundation the reasons to own gold and silver. He talks about the price of gold, central bank money printing and how to buy gold and silver. He also expects other commodities to rise on the back of easy money policies. He expects gold and silver to be broadly and officially recognised as money once more within 18 months.
This interview was recorded in London on August 6th 2011.
Keiser Report: Market Schizophrenia
This week Max Keiser and co-host, Stacy Herbert, discuss the threatening downward spiral of all out war of bankers versus everyone else. In the second half of the show Max talks to Israeli economist, Shir Hever, about protests, apartheid and the warfare state.
Andrew Schiff: Mortgage Market Should Have Disappeared
Three years ago the US government took over Fannie Mae and Freddie Mac in hopes of protecting the mortgage market from collapsing. Now 27 percent of Americans owe more than their homes are worth and a solution has yet to be found. Andrew Schiff of Euro Pacific Capital explains to us who really benefited from the bailout and offers possible solutions for the economic state
Wednesday, September 7, 2011
CrossTalk: Eurogeddon
What's next for the eurozone? Will the Germans give up on their pro-European agenda? Should Greece be kicked out of the eurozone? Will the system eventually collapse because nobody is allowed to fail? Andrew Moravchik, Rodney Shakespeare and Daniel Ben-Ami CrossTalking on September 7.
America and Europe Crush Switzerland?
The US dollar rose against the Swiss franc today after the central bank of Switzerland's announced it would be capping their exchange rate. Swiss National Bank has fixed its exchange rate at 1.20 Swiss francs per euro. The SNB said it would purchase an unlimited amount of euros regardless of the risk. The SNB hopes its actions will stabilize the currency for the next few months. Joe Weisenthal, deputy editor of Business Insider, explains why the SNB would go to such extreme measures.
Tuesday, September 6, 2011
Gerald Celente: Money Addicts!
On the Tuesday edition of the Alex Jones Show, Alex talks with trend forecaster, publisher of the Trends Journal, business consultant and author Gerald Celente. He has predicted economic depression, tax rebellions and food riots in the United States by 2012.
Celente is the author of Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century.
Celente is the author of Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century.
Inflationary Depression - On the Edge with Max Keiser
In this edition of the show Max interviews Paul Craig Roberts, Economist and author.
He talks about the current state of the US and World economies, the current illegal wars being supported by the Obama administration, the fraud of the US and world markets and how we are spiraling into an inflationary depression.
Paul Craig Roberts: Dollars For Sale
Wall Street fell for a third straight day on worries that Europe can't take care of its debt dilemma. Many Europeans are trading in their euros for Swiss francs. Now the Swiss National Bank has put a minimum exchange rate of 1.20 francs to the euro. The reason is the present value of the franc is a danger to the financial system.
The SNB said it would implement the minimum rate by buying foreign currency in unlimited quantities. Paul Craig Roberts, former Reagan administration official and columnist, tells us how this could affect the world economy.
Monday, September 5, 2011
China's Gold Stocks Slide Despite Bull Market
With gold and silver showing such strength over the past weeks, there's been a strange development - gold-related stocks in China have actually fallen.
Spot gold prices have gone up more than 20 percent, from 1,600 dollars an ounce at the beginning of August to around 1,900 an ounce.
Zhang Yifan, analyst of Galaxy Securities said, "The Eurozone and U.S. debt crises are the catalysts for surging gold prices. Investors are buying gold for two reasons. One is the possibility of QE3 which could cause inflation, the other one is to avoid risks. They both encourage gold price increases."
Saturday, September 3, 2011
Keiser Report: Greed of no Boundaries
This week Max Keiser and co-host, Stacy Herbert, discuss stiffing the dead in Illinois and reviving the carry trade in Iceland. In the second half of the show Max talks to Mike Maloney of GoldSilver.com about how high gold would have to go to account for all the money printing since Bernanke took over the Fed.
Jim Rogers Bloomberg Radio Interview - 19 Aug 2011
Jim Rogers Bloomberg Radio Interview - 19 Aug 2011
Gerald Celente: Economy Is Going to Get Much Worse
A recent report reveals that the US created zero new jobs last month. The last time this happened was in 1945. The unemployment rate is still at 9.1% and projected numbers for the next year show the average unemployment rate at about 9%. With these numbers, many Americans question if President Obama's jobs creation plan, due to be unveiled next week, will have any effect on the economy. Gerald Celente, director at Trends Research Institute, helps us peer into the future.
Friday, September 2, 2011
James Turk Talk to Alasdair Macleod About Sound Money
They talk about the sovereign, the gold standard and price stability. How long term growth is compatible with a stable money supply and even with prolonged deflation.
They explain how central bank interest rate manipulation through credit creation creates the business cycle and misdirect investment. Alasdair explains how in British history, absent the central bank, continuous growth and sound money helped create the most prosperous nation in the world. James explains the importance of the Rule of Law for stability and prosperity.
This interview was recorded on August 5 2011 in London.
This interview was recorded on August 5 2011 in London.
Thursday, September 1, 2011
Debt Union: Czech President Doesn't Want 'Euro Straitjacket'
Being in the Eurozone is not so different from being in a straitjacket - that's according to the President of the Czech Republic, Vaclav Klaus. Speaking at an economic summit in Austria, the president also blamed the Euro for being responsible for the debt crisis that's currently ravaging the European Union. His comments echo growing hostility towards the single currency among nations once queuing to join the prestigious club.
That as the Czech Prime Minister also questioned his country's requirement to sign up with the currency bloc, saying they were told it was a monetary union, not a debt union. But the EU leadership maintains the crisis is temporary, and the Euro is safe and secure - something that Johan Van Overtveldt, the editor-in-chief of Trends magazine, disagrees with.
Keiser Report: Cheap Slaves of Deflation
This time Max Keiser and co-host, Stacy Herbert, discuss intergenerational debt for IMF poster children; radical plans for EU banks; and an artist's incendiary painting as bank statement. In the second half of the show Max talks to Isa Blumi about the role of micro-finance and oil traders in unrest in Yemen.
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