Skip to main content

tv   Keiser Report  RT  May 2, 2013 12:29pm-1:00pm EDT

12:29 pm
world thirty thousand tons in central banks that's the green of this pie chart and the comix gold that's that little tiny sliver of blue you can barely see that's two hundred sixty four tons and g.l.d. is one thousand and eighty three times us in the red warren buffett of course another propagandist who tries to put the line out there that gold has no intrinsic value in chile gets the teeth knocked out and the gold in his molar has melted down and used his money that's right warren keep keep going on your paper jihad now a child will often think this is they think that their home is the center of the universe and whatever is happening in their home is happening in the whole world so hear these paper actually live on wall street and they listen to paul krugman they read his writing every day with addiction saying this is what paul krugman says so this must be the universe and these people who hold this one thousand tons of paper gold they are the center of our universe but if you look at the rest of the world.
12:30 pm
that much is turning over every single day in all the physical markets of the world this is much bigger dubai for example in two thousand and eleven before this surge they transacted in fifty six billion dollars of gold in the in the year so that's just as much in the quarter as what we've seen sold allegedly from g.l.d. . now well you know that's the thing about the rest of the world they're trying to escape the grip of the iron tyranny of paper money as published by printed by the united states the u.s. dollar so this is about escaping the u.s. dollar and people in india china russia implore you to continue buying physical gold to escape the dollar which is why people in syria are being murdered people in iraq were murder people in iran are murdered because america has a paper lost joe wiesenthal by supporting his paper addiction and paper last is sticking the knife into these asians and middle eastern people and twisting it and
12:31 pm
killing them because they're dying from the poverty that's resulting from the enormous dislocation in the global economy due to paper pushing well i think that addicts in the paper but are actually really thinks that they think that they're sticking it in the pit with their paper knife and to these gold holders that people have one hundred sixty thousand tons of gold dwarfing anything the central banks that's that's a new phenomenon usually people the price of gold goes down people and sellers because they believe hollywood they leave washington they believe obama they believe donkey now people know that obama banking wiesenthal and one america is full of books who they don't believe them anymore so when the price goes down the demand surges demand surges on price breaks that's something new in the past fifty years we have not seen this in fifty years when the price goes down demand increases because of the watchers of this show around the world in hotel rooms in airports and homes throughout the entire globe archie goes out to six hundred
12:32 pm
million. paul this show gets twenty million viewers a week those people rush in australia there are a.b.c. gold there in the hallway there's a because you're going to buy gold and the demand will start bidding for the gold they love it they know the dollar was done. so the guys in the paper gutter much of wall street they are the attics to this paper and they find any excuse not to sober up not to get real you know stop injecting the paper into their veins so let's look at what outside of their paper delusions that are hallucinations brought on by a paper addiction gold rush from dubai to turkey saps supply as premiums jump surging demand for gold from dubai to istanbul has pushed physical premiums in the region to levels not seen in years as the biggest price slump the three decades lowers consumers according to m.k.s.
12:33 pm
and remember joe wiesenthal a business insider had said that this physical man i mean anything compared to how much paper we on wall street can generate and sell are you ready for the truth. r t v are you are you ready for the truth no people watching the show and they realize what we're saying is absolutely correct that their only hope of escaping the paper apocalypse is to buy gold and silver and that's why they're like wal-mart on thanksgiving day afterwards the black friday where people america stab each other to get thirty percent off on a toaster imagine that mentality applied to somebody with a brain somebody not a fat truck about american idiot who is waddling a want around from you know food stamp the food stamp jamie diamond suit stamp program member imagine the rush the world you know the americas only four percent of the population of the world are left and there for the most part stupid as would as a bag of bricks the rest of the world however fairly educated they see these idiots
12:34 pm
wobbling around a wal-mart trying to thirty percent off a toaster and stabbing each other like i'm going to buy gold if that's the way the world's going now i'm going to buy gold now they're rushing in to buy gold thank god there are thank god they watch your show thank you well that's because on the other side of the equation you have the paper addicks and the paper addicts are you know just like a drunk on the street is handing out his cash he thinks like i'm a great guy i'm so together again no teeth pimply face raggedy clothes and he stinks like urine he thinks he's the coolest thing on earth but he's giving away all his stuff and people are stampeding to take it now premiums paid by wholesalers and bulk buyers in dubai to secure a one key low bar of bullion are being quoted between six dollars an ounce and nine dollars an ounce over the london cash price said frederic pena global head of marketing sales at the swiss space bullion refiner that compares with about fifty cents before the route pen is he also chief executive officer of and k.s. precious metals said in an interview from dubai so you see the premiums are jumping
12:35 pm
this is just like prior to the crash we saw a backwardation these are the real physical signals that there's a problem in the attic should. market the paper market that there's a shortage there's a tightness of supply and here the premiums jumping many fold over showing that this is hard to get the supply side to solar is five bucks over the paper price right now five got twenty percent more to buy actual physical silver than was quoted by the paper pushers and that premium is expanding tremendously there's a whole new market developing for the physical prices over these paper bugs whether it's wiesenthal or blodgett they're drinking the ink that they print onto the paper dollars you know there see them with that big bottle of like ink triple x. guzzling it down in the gutter and they have dreams they have dreams of being trapped in the bernanke is printing press and being ground down into into a demotion of paper and the ink that the turns it into their paper apocalypse in
12:36 pm
the vision they have of a world that's made entirely of the illusion of wealth brought on by just printing and printing and printing and there's krugman over and over lord looking down on them you know it's my children come to my paper nirvana and of course when they wake up from the horrible dream the rest of the world of the stinking rich on gold and they'll be in the gutter well let's talk about those people being stinking rich on gold the gold sooks across turkey in the middle east are being wiped out of bars gold bars jewelry everything off the shelves in the gold souk you see some coins left over but the investment bars are all gone from the windows as shubert as you buy based emirates n.b.d. the united arab emirates second biggest bank by assets domestic retail prices move to a premium of about five dollars an ounce from a small discount before the routes who has traded the metals since one thousand nine hundred seventy nine they also talk about hong kong singapore supplies wiped out and now this guy from s. chaos in switzerland he says it's not just the middle east or it's across the globe
12:37 pm
the fact that premiums are so high it means that no one is making enough we are producing twenty four hours a day and what sort of market like that max where prices go down. yet there they're they're struggling to keep up with demand well the converse of that is that they're issuing trillions of dollars of the bonds or paper and those prices are going up so that's the that's converse of this there's a huge demand for gold prices are going down there's a huge multi hundred trillion dollar supply of paper and bonds and prices are going up so it's a complete repudiation of supply demand economics brought on by the terrorism financial terrorism of people like wiesenthal and blodget and doug cast and ben bernanke eight. anyway stacey thanks life being on the kaiser report thank you max all right that's it for this after the show states and we'll be back with a whole lot more.
12:38 pm
i am from. the war that. and the every day she says mother buddy. syria or syria in arabic. it brought him when the war beginning looked far from. the syrian woman is. trying to take. care. of the struggles of the very most of all the books. i'm planning to stay here russia. to build a new life in russia. yes
12:39 pm
social interests of the surface are severely obese along with their civilian knew they.
12:40 pm
were you know. he was. so cool it was a way for us or. if. speak
12:41 pm
your language. programs and documentaries in arabic in school here on all t.v. reporting from the will talks to feel repeat interviews interesting story to tell you. the. arabic to find out more visit arabic don't call. me.
12:42 pm
welcome back to the kaiser report imax guys a time out to go to bangkok and speak with john came of smart knowledge is john welcome back to the kaiser report if your back's always a pleasure. john we hear stories of traffic jams a billion shops in bangkok and asia have you witnessed this a labyrinth for us if you can. sure we see some of the strongest buying in asian markets this time around on the bank a raid on gold and silver paper prices and
12:43 pm
a lot of lives of the boys shops here bit of east a couple hour waits and you know the interesting thing is so we've had probably the strongest buying in physical gold since two thousand and eight in bangkok the same has been reported hong kong were the president behind com gold and silver shade society said that they received this strong they see the strongest buying on this take down to fifty years max so you know everywhere in asia whether it's china of course has been reported so you have imported says beginning of the year over a thousand tons of gold from hong kong the permits has reported the strongest by the take down in two thousand and eight and india also has reported the strongest buying it is the go go losses two thousand and eight and the interesting thing about india max is that as you know the tax imports all go have been
12:44 pm
increased just the past thirty miles from one percent and the recent two percent and a four percent economy stands a six percent but yet it's still the strongest go by even with a six percent imports tax so that's s. reported by through official means so we know a lot of it is habit smugly go into the country to boyda tax or going to other markets perhaps in china or singapore to buy their gold so there has been massive gold in the physical markets definitely i don't want to direct your attention to that temple of a country known as america because one of their propagandists business insider is reporting that the price of gold or the search of physical buying the surge in physical buying is meaningless because people are dumping their e.t.f. on the x. . think of the g l d the paper gold your thoughts well you know the major media backs you could never believe ninety nine percent one hundred percent of what they say or what he perceives the gold and so over he goes yes that statement is
12:45 pm
actually backwards but what's going on the paper mark is meeting with i think we seen that because the cedar grates are purchased between the physical prices a premium both gold and silver over the paper spot prices that the bankers are setting so it's exactly backwards and even you know asia like what we see coming out a c.e.o. or through lawyers this is a nonsense so was the may stream media yesterday gold dropped what like four or five dollars an ounce and then a report coming out of hooters of singapore was that gold you were losing confidence a gold gold was down because you know they're not so sure that gold prices are heading higher so it's the same nonsense propaganda what happens in the paper markets is irrelevant what really is happening it is a gold markets now is what's important back let me ask you about was zero hedge is reporting that ninety nine point three percent of all comix gold sales for the first three months of the year came from j.p. morgan zero hedge thinks the client could be the us government when you think oh
12:46 pm
that's a sure i agree with amex only because you know g.e. more get a government are in cahoots with big oldest overprice take down so big government was draining j.p. morgan a physical vault they are a buyer right well appreciate the mortgage but actually hurt j.p. morgan so bill it's easy to keep making good on those who want to settle their futures contract with physical delivery but one thing i would actually like to discuss max is really the numbers that we can see because i suspect you'll ation right but we can see facts of what's going on with the comix warehouse the positive henri's what's going on with the register versus that eligible inventories are both on so we're not big we look at those numbers we could see some really interesting things eligible inventories not actually eligible to be delivered to customers that want to close out their fuel. contracts of physical delivery eligible a bit sorry just means that their clients are heart their gold or silver bullion with the comics boss that they're registered it or is actually the everywhere that
12:47 pm
can be delivered to clients i want to close out there is just contract physical settlement so this is beginning of the year to end it brought back the eligible inventory goal stock held it become x. to climb by re million ounces that's a huge amount and all going after the rate if you include the decreasing bolts decreasing the tories live e.t.f. so you look at that cone ex inventory then register ineligible and e.t.f. image where he's been g.-o. d. is the climate over five and a half million ounces so what's going on there and j.p. morgan no longer eligible in particular has decreased from a gold from two million ounces just the beginning of the year and now it's only one hundred sixty one thousand ounces max so whatever big you have what's going on is that people don't trust the banking system to hold their gold so they're taking all
12:48 pm
their gold out that's what i think is going on. basically eligible inventories and gold right well there's a run on gold just like you had a run on northern rock bank a few years ago where you would have a run on a bank people up and they take their money out of the bank we saw it in cyprus now we are describing is that there is a run on gold physical gold people are taking that gold out of the warehouses and the and where they're held as inventory and this is trying to be papered over by the government or j.p. morgan or com acts as not being relevant to the price and the prices not reflecting the fact that there's a run on gold right well actually big up or got the message in it so what we have j.p. morgan just yesterday because i looked at those reports this morning they actually . move eight point seven million ounces a silver for out of their eligible if it's only to the register to the registered
12:49 pm
warehouse and so that's really curious to me max because maybe it's showing that big a are trying to prevent people who are asking you to go silver from getty because they booted out of the eligible now it's a registered back and settle issues contracts so perhaps you know they are worried about a shortage of physical silver make it good. so there's a lot you know along the sort of issues of what physical settlements us really interesting as well john let me ask you something are we about to win another words you've been on the shown over the air so we've talked about this we've set up a a conflict between the paper versus physical we've encouraged the world to take physical delivery to push the paper pushers like j.p. morgan into bankruptcy and to cause a default on come backs to stop the world from being strangled by the tyranny of fractional reserve banking and everything that goes with market manipulation whether it's live bore or c.d.'s or everything that goes with it if
12:50 pm
the inventory in these exchanges is now at vase ecclesia zero all we now on the threshold of a major default john. i think i think so i think that's what we're getting to i think actually the banker shot themselves in the foot with the most recent read all the paper prices and i always emphasize the difference between paper it is a go because as you pointed out we are also seeing a divergence very much so between the physical and the paper prices of precious metals so i think the bankers have flames on the state down have an opposite effect i thought it holder so the physical yes the panic sell out and sell to them but instead what happened is they caused a massive frenzy up by other physical battles which is only going to hurt their ability to keep this charade of fraudulent futures markets alive i don't know how it gets because of the comix will be but certainly it's going to make a fraud
12:51 pm
a lot more difficult to execute in the future i believe it was and let them eat cake moment it was a eventually in the court of france they just went one step too far and they ignited a revolution and they all got their heads cut off so what we're saying here is that the paper pushers have just gone one step too far with this latest raid on paper prices and it triggered a massive buying panic around the world now the u.s. mint has suspended sales of gold coins they suspended sales of silver one ounce going to way back in january is just unusual for so early in the year for them to suspend sales and doesn't this point again to shortages of metal and how many ounces were sold before the sales were suspended john. so yeah you carries a shortage of medals or it just means that the u.s. mitts be allies is that the prices are so artificially low as well that they're not willing to sell at these prices so that you know that could be the case that bit's
12:52 pm
around the world as well as the boy deal or some they're saying they're sold out it may be sought out or just willing to sell even more if it's for use the prices but as far as how many ounces were sold we had more sales of what i don't america your coins match let me actually buy because i wrote it down ok so you had one ounce marry you go sixty three thousand five hundred sol on april seventeenth now on one day in april because of this bank rate they sold more than the higher amounts for the month of march now a year to date you saw over a half a million ounces of physical gold and up to this point in two thousand and twelve they'd only sell two hundred thirty thousand five hundred alsa so it's more good double ok another thing john j.s. cam is that over the past few years we've been talking about china has been creeping into the position of being the largest sovereign holder of physical gold
12:53 pm
where do we stand on this officially they have a thousand and fifty tonnes i just saw a report recently that they've got on just under two thousand tonnes jim records of course a friend of the show thanks that they're getting close to four thousand tonnes and i've just heard a report saying that they're well over eight thousand tons now there's a lot of disparity on this what's the current thinking john. well i think right now it's just like a big game of poker right now what was to show their hand i think all the official reporting gold reserve holdings are a country i think is grossly wrong so i don't believe the u.s. has eight thousand one hundred thirty three tons of gold they claim i think a lot of it was sold out into the open market during the eighty's the price of all down that's gold that's never come back into the vaults of the reserve trade as we know now i for six years right from two thousand and three to two thousand and i they said they only had six hundred tons but then they came out so they had about
12:54 pm
a thousand suns so we know that they have a lot more than what they're say if they haven't already did like survey reported out of london thousand tonnes is from how high this year it's only a third of the year so at that rate it really import the thousand tons and i realized basis which is more than the total annual global world call production so you know whether they have i believe they're well over two thousand tons already but whether that number is four thousand six thousand tons and i started to get about russia right as russia's official gold holdings is only a little bit behind china has and i hundred eighty or one hundred seventy eight or something like that you know everyone knows russia has been accumulating massive amounts of gold very secretly as well right now off finally the bank of japan a swiss national bank are now buying equities other central banks say they will soon do the same so the quantitative easing now is spilling into the paper world of paper based activities what are your thoughts on your thoughts and we've got about
12:55 pm
twenty seconds ok well basically just going to create a more massive ball also is trying to they're just trying to sucker people into a bubble that's going to collapse a get them to move from hard assets paper where you go we should be moving from paper to hard assets like there's a go go up as you go so we're all right john-james kamerad time thanks so much for being on the kaiser report. ok thank you max ok and that's all the time we have for this edition of the kaiser report with me max geyser and stacy herbert i would like my guest john cam of smart knowledge you dot com if you like to send us an e-mail please do so at kaiser report at r t t v dot are you guys are saying by oh. they all see themselves as dying swans in their dreams.
12:56 pm
but only one of the cells will ever make it to the top. they're ready to give their lives for the chance to die on stage if only once. no even broken wings could do to them. for generations at the madrid. ballet sweat and tears. do we speak your language anything about they will not advance the. news programs and documentaries and spanish what matters to you breaking news a little tentative angles cadence stories. you hear. detroit altie spanish find out more visit i to allahabad.
12:57 pm
plain. language. class i.
12:58 pm
elin. a little bit. older than. her mother lived. to speak. to. her. wish list. luck. good luck misleading
12:59 pm
good luck we're. lucky just see. it in. front of me a little. pale . ten years of work and. to
1:00 pm
century use of talent one of the world's most ambitious new theaters opens in some petersburg are two years there. the curtain is here and marines here's a cue the auditorium is packed a new idea of course giving news like the update about to think quite a bit of a new stay with us as i'll have more for you just a minute. also headlining this the un condemns the force feeding of guantanamo inmates tortures them destroyed struggle sees no up to twenty three prisoners being fed against their will. and can't stay but can go either tens of of thousands.

37 Views

info Stream Only

Uploaded by TV Archive on