on the back here with our t. top stories and how to steer the protests week across europe as thousands demand alternative to severe cuts in countries from debt ridden agrees to belgium where a key e.u. summit is due to take place this there was a. new international envoy to syria. launching dialogue between us here in government and the opposition while the army warns it will clans or rebel strongholds in the city of homes where the authorities claim armed terrorists are operating. also the case of a palestinian detainee and hunger strike or draws widespread attention to israel's

convert from detention policy holding palestinians without official charge or trial . that specs keyser estate herbert's focus on what they call global colonization led by big corporations and politicians. nice guys are welcome the guys report nobody is doing any checks and balances on the out of control rogue banker types they are becoming worse they're mutating into out right well we'll talk about it more stays here but it's only more max we see colonization all around the world and colonization often happens through missionaries and all of those there are to help who repro man director urges fans to pirate a bunch of my stuff right away so we command director alex cox was interviewed and

he said of hollywood it is so corrupt now they want to have longer copyright periods because they say the young artists are relying on this money so hollywood is there to help the young struggling artist but of course behind all their help for you they're actually destroying your culture or that they say they are trying to protect the young artists never see any money alex cox continues because they sign away that money to big media corporations like universal and viacom we the artists lose all of our rights to these massive corporations who then come down heavy on these kids for downloading films and music that we never see a penny from it's complete b.s. i want to encourage your audience to go and pirate a bunch of my stuff right away yes actually i do my film. director is suggesting as we get into now occupy ollywood or the hollywood spring as some are calling it copyright regimes are totalitarian it kills innovation it kills

creativity the hollywood system is bloated it's like the movie barack of industries and now people are rising up there pirating as an act of civil disobedience and they're doing so rightfully so and the copyright. is dire need to be completely reformed go back to one nine hundred seventy six where the it was i think forty eight years instead of their lifetime plus seventy years that's a slave copyright slave state so the propaganda to the average person is that we're helping young artists struggling musicians but in fact it's universal and viacom that are reaping all of the benefits from their labor another musician of course is bob geldof who often goes there with parno and tony blair and says we want to help africans so we're going to give them monsanto scenes so that they can never be free again or in somalia britain leads daffs to explore for oil and war torn

somalia britain is involved in a secret high stakes for oil in somalia with the government offering humanitarian aid and security assistance in the hope of a stake in the beleaguered country's future energy industry so they speak to abdul qadeer hashi minister for international cooperation in punch line northeast somalia where the first oil is expected to be extracted next month and he said we have spoken to a number of u.k. officials some have offered to help us with the future management of oil revenues they will help us build our capacity to maximise future earnings from the oil industry hashi in charge of brokering deals for the region's oil reserve also so somalia was looking to be as the partner they wanted to quote help us explore and build our oil capacity you know since help us help us and he then goes on to say and the only way we can pay them of course is to give them our resources and once

again i mean this all the elements that we've been tracking for quite some time now in this somali story somalia story you've got first of all somalia was already because of these g. twenty nations the overfished because free tibet. therefore if the population some of the population go to this piracy business now they're going to be pig who is an ecological whole cost provoker who is responsible for the deaths of billions of lifeforms and a lot of people as well and we're now going into help somalians with their business and extract all of the well thank you very much and repeat again of the same tactics we've seen over and over again but you're right they go in there with bob geldof leading the charge we're going to help you except we're going to steal everything and leaving for dead somali prime minister abdel welly mohammad ali said his government had little choice but to entice western companies to somalia by

offering a slice of the country's natural resources which include oil gas and large reserves of uranium the same thing here we're trying to help the young struggling musician but destroying all other competitions whether it's mega box or its you tube or anywhere else they don't want any of these struggling musicians actually have a choice but to use universal here to use b.p. your only option if you're an oil rich nation is you have to use b.p. or exxon those are the two that's your choice mubarak b.p. hollywood these are all dying all of dinosaurs of the of the previous regimes and they're all falling as you mentioned the fish off the coast the fish stocks have been depleted through western overfishing and it's also the the coastal waters are totally polluted from toxic pollution that is just dumped there because there

are no regulations so you'll have ships coming from italy dumping toxic waste nuclear waste right off the coast of somalia which then leads to this militancy the same you see in the financial sector our economies our financial systems have been destroyed by. toxic derivatives and because of that you see riots in greece and athens you see riots in london as opportunity is destroyed and that number of people who get a point of risk pollution and the risk that lucian beating derivatives toxic derivatives that are so that are gushing forth from the investment banks polluting the global economy and nowhere more so than in london show some backbone backs them and asked chief tells firms to defy militants on work experience scheme so again there's a new scheme in the u.k. david cameron's government has said that any you know under twenty four's who receive benefits must work in these all volunteer schemes now originally it was kind of pitched as like it would work for the community but it turns out they're

working for meter multinationals like marks and spencers m. and s. in this case or a burger king or tesco but not getting paid the taxpayer was subsidizing the profits of these corporations but the former boss of marks and spencers yesterday told firms to show some backbone and stand up to anti-capitalist protest over the government's work experience scheme a scheme in which youngsters on jobless benefits are invited are invited to volunteer for work experience placements of up to eight weeks capitalism most physicalism and let me explain something here the bank of england pumped hundreds of billions of pounds into the economy if there were a couple of lows i'm that money would go into both price appreciation and wages. that's called inflation but because of the financial engineering has taken place because of the re architecting the global economy in favor of the top one

percent of the top one percent that money comp like those irrigation sluice project it goes into asset prices like oil this is why the price of petrol is now at the highest it's ever been in the u.k. never been higher because of the money pump the wages are flat in fact going down in fact they want people to work for nothing so if they were killed all of them it would be competition this is not capitalism this is feudalism this is the return of the dark ages and these people who are saying oh they're anti-capitalist are completely wrong it's not capitalism little well it's corporatism you know they the way corporatism snuck in is they use the were the government and we're here to help you those are the scariest words in the english language well you know when you merge the corporations with government it is no better and as we see over and over in this story about the free labor being provided to these corporations chris grayling the employment minister then goes on this is fascism here is prepared to discuss forms concerns about sanctions attach the scheme which means that benefits

can be withdrawn if youngsters who have not opted to leave a placement after a week failed to turn up without good reason or are rude and uncooperative and they're pretty little workers there chris grayling says quote i don't think any employer wants to be in a position where somebody behaves badly and faces no consequences so you're putting these young kids into free labor at tesco or burger king and he's uppity they want to be able to withdraw this young person's benefits kissed my ring. horribly go off and so the workhouse essentially what is the return of the workhouse and it's a shame that the word fascism has become like the n word you know if i say chris grayling it's a fascist of course people like oh you can say. ashurst that word died in one thousand nine hundred five you can't use the word fascist it doesn't exist anymore it doesn't doesn't corporatism maybe because

a fascist is no different than mussolini he's a fascist and it was so that world war two was a joke what was the point of the blitz to fight what they have chris to discuss community state fascism you know all the people or service people who died now and then did so in vain because the country is to nothing to stop a song from being invaded but for it can fascists well you know speaking of fascists and demanding consequences germany offers to send taxman to greece remember so all of this fascism corporatism and colonization happened through where missionaries were just helping you we're helping new somalia by taking your oil we're helping you libya by taking your oil we're helping you young artist by taking the rights to your work here the german government is prepared to send one hundred sixty financial experts to greece to help the country overhaul

its tax collection do all these words help all of this is just helping young people enter the work force in the u.k. helping somalia to exploit their resources member six months ago when i was the first international broadcasters to just the germany hadn't you know was not innocent in all this business going on with greece there wasn't the i.m.f. or the world bank so much e.c.b. as really germany looking to repeat the whole expansionist reich german reich four point zero model and now suddenly people just accept the fact that germany is sending in one hundred fifty jackbooted accountant to counter this to to run the country voluntarily like poland volunteered to have germany you know and like i took a look at paul volunteered of germany well. actually this is the british method of imperialism they would send people to help the poor indians they would send people in to missionize and help the kenyans you know this is the method of colonization

it's one method it's you don't have to send in the tanks because it's it doesn't work in our twenty four hour news cycle tanks look bad to most people but accountants who are just there to help you with your taxes it's just all jolly good the story here is that there are no turnings because this is a financial war and the credit default swap on the derivatives and all of the blitz big destroyed greece with naked credit default swaps they just greece is a four hundred billion dollars economy and they just royd with nine hundred billion dollars worth of toxic derivatives and i call them lloyd blankfein of goldman sachs big big destroyed another scarfing up and serving it up for the germans who are the local raj we're going to be managing these poor schmucks down there in athens while they get ready to invade spain tenderizing spain they're going to help spain

oh excuse me they're getting ready to help spain all right so the server will thank so much for being on the cause report thank you max don't go much more coming why so stay right there.

imax kaiser welcome back to the kaiser report time now to go to bangkok and talk with j.s. cam of smart knowledge dot com john welcome back to the kaiser report special a mix of. all right e.j. as the financial community is abuzz with warren buffett's claim that gold is value less in unproductive holding and he likened today's mania for gold to earlier bubbles and tulips internet stocks and houses your thoughts well here's just an example or you know i'm talking this book but i've never really understood max it's all hero worship i think it's just right what so many people put so much belief in basically one person because you know that we're in this whole mess as far as the global financial system because people can't think for themselves anymore i mean i

think people should just make up their own my get up about gold and so or by looking at the facts right and not listening to one person now it's surprising that somebody who has a reputation for speaking in a no nonsense kind of way would purposefully obvious kate the truth by stating lies . ball would indicate that there is over ownership of the sacked or less than one percent of the globe's financial assets are invested in precious metals is clearly not over own plus the gold itself is outperform berkshire hathaway stock for the past ten years by a factor of five hundred percent. if you had just bought gold ten years ago and not berkshire hathaway stock you'd be five hundred percent ahead of the game and also i mean warren buffett let's face it he missed the biggest stock of the last decade apple computer i mean he eventually got into i.b.m. recently but he missed the biggest the biggest capitalized stock in the world apple

computer the biggest gainer the world out of computer so he's overrated basically i mean yeah overall look twenty year track record thirty year track record is better than most but he's the only thing you can say i want buffett he's not overtly criminal he's more behind the scenes criminal and i guess in america that's constitutes a hero these days are let's talk about ben davies who's also widely quoted he says the central bank buying of gold has gold shorts trapped do you concur and for the audience explain what it means that gold shorts trap and what you expect to see in this case max i actually don't concur with. bats in the sense that those shorts are going to get over on you know because shorts again what that means is that people your bags are short gold and if you just mark it as a gold price rises basically you know no way out besides going along so callous it out and the reason i say that is because remember back when so was that everyone said st big super shorts were going to get run over but as we've seen in the past

the bankers come up with some kind of scam to overcome that so in the case of silver that's time those go through the c.m.e. that raise an issue all and maintenance margins to crash deliberately chase laws or in the event that you know say they do get over one look your best something just as we saw an end up global rate there is nothing to stop them from doing whatever they want so in that sense i remain just a little bit skeptical that they can get over on i really imagine so let's talk about silver reportedly an attempt an attempted paper silver raid last week when. one hundred two million paper allen says were dumped on the market within seven minutes it didn't succeed this time in driving down the price john so to follow up on what you're just saying there in terms of the paper market versus the physical market the attempt by the paper bugs as i call them to manipulate the price down last week they tried it was so really don't one hundred seven million paper around

says it did not drive the price down your thoughts but also people are catching on so there again because actually earlier in the year they basically dumped us i believe it was two hundred fifty million ounces in one minute which is ludicrous because it's two thousand and ten be higher and your my production was only about seven hundred thirty five million ounces so the coma straight about one hundred billion ounces per year so it's even a greater ratio big locusts and told me it was more you know the tradeoff hundred times more paper gold and actual real physical gold bags this silver is about one hundred thirty times more but what's even more astounding is when you look at you know the total solar supply it's you bells and it's and when you add in scrap metal sweltered anyone my production you look at about seventy percent of that is used up right for just your purposes so if you thousand and ten there's only about one hundred million ounces of silver left for best mates or per monetary purposes so again you've ever access at one hundred billion galaxies show a trace on cold x.

ray so thousand times more surprising that market yeah and you know it's interesting at this warren buffett trying to down talk down gold meanwhile in the troika in europe what's the first thing they did when they got greece to sign off on the memorandum when it speculate losing their sovereign state they now have a claim on greece's gold one hundred eleven tons of gold and of course this is now a factor in the troika's land grab an asset grab all over europe i guess they're looking for at least twenty four hundred tons of gold at some point and now the troika believes that they've got a. claim a great call and this appears to be the trend even though gold apparently is overvalued how do you see it in asia or the rest of the world are these gold assets going to increasingly be the subject of massive state intervention and banking terrorism it's hard to say just because i think is it deja special baby

says the money is all different from the western side it's the right because you know we have right now the currency pagers either collapse of a year or collapse of the u.s. dollar so on the other hand say in china the chinese government has been you know for a couple years now after several years have been encouraging all their citizens to buy physical silver to buy gold you know you're running state sponsored commercials in the country to do so then asia has a history of thousands of years about gold and silver as money so i think you know asia will protect i think the asian governments what will protect its citizens more in that sense than the western governments because really this whole ponzi scheme great axis forces all global monetary system is really the western bankers clustered banking and initiated yeah it's interesting the dynamic between a euro the dollar i was going on there people all assume that the euro is the weak

weak link in the in the global currency outlook but of course china is much more sympathetic to seeing a strong euro than they are the u.s. dollar making it into that a little bit for us j.s. cam sure i think as a great point max because of all you spell that you know u.s. dollar sort of you know better or that your all go all the b.s.h. it seems to be on you know the weakness and your right now are solely the euro's in your country and your currency only come into existence in two thousand two thousand and one it does not does not have the volume of the u.s. dollar obviously as international currency so big definitely isn't europe in the u.s. . dollar are going to affect these economies because he's not going to be able to escape this so you know late like he said he will or if you look at what the creditors to greece are these are you know the desire to take greece's poll you know you have to look at what the actions are of these politicians or the central banks and not the words they say because actually through deal truly you know what

they value so by they maybe say gold is a barbarous relic or other central banks maybe denigrating build it and if you look at or actually if you see you know central banks all around the world as far as like net purchasing their net purchasing is is up on gold you know for the past couple years yeah absolutely they trend toward the central bank is to increase their precious metals possession i think confidence in the dollar is weakening the business model the u.s. which is to invade a country to spend a lot of money on a weapon the. same to run it's course. but i wanted to get back to the eurozone for a second clearly the historian grace is now finished there they lost their sovereign say there was a moment when they were told that they would be deprived of voting on a referendum or that and by the troika so their sovereignty that was the moment and that if they were going to stage some kind of revolution that would have been the time to do it but they never did so we can we can just kiss good greece goodbye

it's now part of euro disney but let's look ahead to the next front again of the the paper versus physical assets the the war against the financial terrorism it seems like what's happening in spain is heating up now the people in spain i just saw some reports coming out of spain are really preparing now for a fight with these terrorists that destroyed greece. do you have your ear to the ground there in spain and pick up on some sort of movement there by a bit calling it a little bit and not perhaps as closely as you do believe we actually did our earlier that you know this is the point that people have to take a stand they have to take a stand against you know this corrupt triggered all global baby hartselle you know once you years or be able to preserve it well not only this generation but for future generations as well well we tell people in greece to buy gold and silver

those people are going to survive the other that everyone else is going to parrot unfortunately let's get your thoughts now going forward for twenty twelve in the precious metals markets what do you see kind of developing actually looks like gold and silver just broke out so i do believe that this year will be a banner year for gold in purcell for we will see more of a divergence between the paper price and the solar price but also not be one pick out while it's early i think we're going to see great volatility in a gold or silver prices especially as you know the cartel struggles and by. to keep the interest suppressed the price so you were still going to see a lot of also in this year but i think it's going to be over our very positive year now and you know it seems so odd to me because a getting back to the warren buffett story here's a guy who owns a big piece of wells fargo bank and by extension he's piece of the banking industry the paper bug industry who is advocating this multi-trillion dollar pump by central

banks of course his stock is going to benefit his wealth is going to benefit but at the exact same time while prices and precious metal prices are going up concurrently which is have an effect of making the poor even poorer and the rich are richer so going forward you know i think it's important for people to understand that if they listen to warren buffett it's a ticket to poverty you know even if you're on a stock which has gone nowhere in ten years well i think you ought to see more pump it for who you really is right max i mean he is part of the. elite he is part of people their power i mean you saw that way he struck at deal would go exactly right that by five billion dollars of preferred shares and i read that he made almost six hundred million dollars in profit that is goldman sachs paid him a person at way back by the way sixty five billion dollars so you know he does have access to deals that you and i can't get max out basically insure him or

profits he does benefit from the current monetary system the current moral structure of our fractional reserve banking system so he's part of the people that benefit from the system so it's not a surprise to me that you continually get a great story continually day great sober and this is a man that's been wrong for ten years and he's been very greedy oh since this route you know research from two hundred fifty dollars an ounce to seventeen what's out now seven hundred sixty about a silver crumpler dollars that there are over thirty five so he's been wrong for ten years running why would you this since it is men. right you made the goldman sachs boy now he's doing the same thing of bank of america trading on inside information all right and just him are out of time thanks so much for being on the kaiser report ok it's been my pleasure max all right i'm going to do it for this edition of the kaiser report with a nice kaiser and stacy herbert i was like my guest j.s. came of smart knowledge you dot com if you want to send me an email please do so at kaiser report r t t v are you and don't forget to follow me on twitter i'm trying

to get the fifty thousand followers so next time. i'm.