We are joined by Mitch Feierstein of PlanetPonzi.com for a look back on 2014 and forward to 2015. They talk oil, ruble, yen, restoring diplomatic relations with Cuba, the possible implosion of the Japanese bond market and about falling wages and falling Baltic Dry Index as globalization declines.
We discuss the ‘Give Us Back Our Gold’ movement across Europe as governments seek to have their gold held domestically as fear spreads about the integrity of our fiat and debt world. Max describes the de-fiatisation of the world as the American empire makes way for the emerging power of China. In the second half Max interviews Sandeep Jaitly of FeketeResearch.com about negative GOFO rates, earning free fiat with your gold and taking us back to the Dark Ages with Quantitative Easing.
We visit Russell Brand at his Trews set in East London for a double header of Christmas cheer. The three discuss the big themes of 2014 and what to look forward to in 2015. They look at successful activist campaigns and not yet successful campaigns – but at the end of the day, the people have the power as the New Era Estate kicking Westbrook Partners out of London. They talk cryptocurrencies, crowdfunding and media distractions. And they wish you all a very Merry Christmas!
Max Keiser and Stacy Herbert discuss power. In the domestic political arena, Russell Brand’s campaign with the New Era Estate women proves that the people do have the power – if they want it. And in the energy market, it seems supply and demand actually has the power – not the cartels, not the conspiracies. In the second half, Max interviews former energy market regulator Chris Cook about the possible causes of the oil price collapse and what the future holds for price and projects.
We are joined by Liam Halligan of BNE.eu. They talk rubles, sanctions and diversifying the economy with some technology investments. In the second half, Max interviews Konstantin Gurdgiev about the ruble, the Russian budget and David Cameron’s take on the causes and consequences of the crisis and sanctions. They also discuss the ruble’s ‘baptism by fire’ as it only just joined the five trillion dollar per day forex markets.
We discuss the arrival of the ‘shakedown times’ as our deposits and pension funds are now open to confiscation to Too Big To Fail banks in ‘resolution’… something that used to be known as ‘bankruptcy.’ In the second half Max interviews Karl Denninger about the likely oil price collapse impact on credit markets and the “Adequacy of Loss-Absorbing Capacity of Global Systemically Important Banks in Resolution”…say what? And, finally, the discuss the latest shenanigans from Jamie Dimon who lobbied to roll back certain Dodd Frank provisions regarding derivatives.
Stacy Summary: We’ve just finished recording a double header on the rouble. It will air on Saturday morning. Hope you catch it. But, in the meantime, here is another RT piece on it including Jim Rogers with his thoughts.
Stacy Summary: A jibber jabber thread for your thoughts on the US shocking with restoration of ‘full diplomatic relations with Cuba?’ The embargo (except on cigars which are now allowed) and tourist ban is still on, but it’s a remarkable beginning of a new era and I should think this has lots to do with it:
Then there is Brent Crude . . . up 5.37% today!? What?