for saying that it is going on. but the surest. i know. tanya. well tell me how you were my little grandson. i know. i don't like. being cut off. except as an ecovillage that the spiritual side is destructive. i try to convince her and try to prove that it was a sect but it's dangerous that she had to leave it was a story she had lost her mind. you know you she will come back i know it and i will wait even if it means i must wait until my dying

day. welcome to the kaiser report imax geyser and jiving was invented right here in soho london back in the nineteen fifties at the cat's whisker coffee bar so packed with the club that it was impossible to dance and so the hand jive was born today it is the floor of the brokerages and exchanges which are so packed with fraud that it's impossible to commit fraud without bumping into more fraud and so the hand jive or fraud has been born stacey jabbing max that. really was the

same i got it is just a step. this is the fraud command. lot of balls a lot of this phone call phone call from the fed phone call from friendly freddie yeah i got the top of the shoulder. well the phone call from fannie and freddie two mortgage giants in america the government sponsored entities that own most of the mortgages of america now well it's actually when they call the floor of the exchange that everybody there's a special call apparently signal that everybody on the floor knows that this is a call coming in from fannie and freddie they're going by some interest rate swaps and it's time to front on them the headline reads are wall street traders using secret had signals to manipulate derivatives wall street traders maybe manipulating a key derivatives market and front running fannie mae and freddie mac. hurting the u.s. own mortgage giants in the process according to an f.b.i. intelligence bulletin reviewed by reuters so they're using unsophisticated tradecraft they call it hand jive making. telephone calls using

a specific green tone when it's fannie mae and freddie mac. calling to put in their huge interest rate swap orders and the interest rate swap market just so you know it's four hundred trillion dollars market right so it's a very. entity essentially a government backed entity and they do a lot of business and it's the american people who are calling the floor of the exchange yes and then the traders are like down there like belly laugh and ho ho ho ho there comes a rooster mrs jones let's let's cut the nuts off again why given the terrible execution and stealing all the love you see while yeah the hands of the hand signals ring tones it's an interesting environment the floor of the stock exchange it's a it's like a just a vast need deep pool of scum well the f.b.i. says that in particular there's a whistleblower from one bank they don't mention the bank which is doing this is that involved in this but this u.s. bank a trader from there is the one that was whistle blowing on them and he said there's

a specific ring tone that traders know are conspiring to rig rates on large orders submitted by fannie mae and freddie mac. or front running them in the interest rate swaps market but the f.b.i. max said despite all this proof this evidence that they've been submitted that they have low confidence that law enforcement could prosecute suspected traders because the trades concerning seemed to be completely legitimate completely legitimate to front run their american taxpayer on these hundreds of billions of dollars of orders not to steal money yet to steal money it's sort of funny what friends rod you know the ring tone could be jingle bells yes jingle bells jingle bells it's christmas time for all you people or fetch moxon or stealing all your to the f.b.i. the f.b.i. they're in our pocket we give them a bonus every year and they do what ever we want what ever we want the f.b.i. or crooks to the f.b.i. or it's funny it's a farce it's american justice is is a farce the f.b.i.

is i think the cost of bribing the f.b.i. has gone down there's your deflation the cost of bribing your appeal is gone down in america under obama's america there's your deflation of course. probably the f.b.i. and then if they of course are listening in and know what's ring tone and no problem they're probably front running as well now fannie mae and freddie mac. were prior to the collapse of the subprime mortgage market remember they were they claimed on all their bonds that were not backed by the government and government sponsored entities but we do not we won't back these bonds we will pay you one hundred cents on the dollar but because of the size of the fraud remember they were jam packed with fraud and they were jamming jiving hand fraud jiving and they had to take over the whole mortgage market america is backed by fannie mae and freddie mac. owned by the taxpayer so freddie mae and freddie mac. which are government sponsored enterprises often submit large swap orders to hedge their huge holdings of home mortgages against swings in the bond market the size of the orders provide an incentive for front running ahead of the trades so the f.b.i.

bulletin this is a bulletin that went out to various participants in market and said that these were targets for market manipulation trades that were put in by fannie mae and freddie mac. but again they reiterated it's perfectly legal and their interpretation of the law is not a bully in the water flowing and there's a ship about to pass by the that's the ferry man from america water's coming to the floor then you get to make a bet on if that bill is going to go up or not based on the presence of this enormous ship sailing by the buoy it's a one hundred percent guaranteed trade show of course you borrow money from the central bank and the other is on wall street and a lender to you observe percent interest to make a bet of any size you want on a sure one hundred percent guaranteed thing that this is going to happen in the next five minutes oh and by the way if for any reason it doesn't work out and you lose a penny you get to go down to congress like hank paulson did put

a gun to the president said give me a trillion dollars. that's the other alternative you get either bilk you get to steal and it's all under the f.b.i. noses who you like the s c c. are addicted to porn well a few things here first of all the brits say boy instead of booie for some reason second of all this is that job a fraud the the market a fraud is so packed with fraudsters all the exchanges all the markets so this fannie and freddie being front run that's one fraud on top of all these other fronts because of course the mortgage rates are set by libel rates which are being raised here in london and that is the fix to setting interest rate swap rates which is also being rigged here in london so there have to get to market manipulation is jam packed with. right banking fraud you know a lot of people say if it's so obvious and so clear why aren't more people doing it or why aren't why my not doing it you know i of course did that for many years as

i've said on the show but i think there are still people out there because remember when you engage in a fannie mae freddie mac's front running scheme when you do this kind of engage in this type of trading you're putting money into the suicide bankers pockets who are committing genocide so max we're talking about this i had to have a fraud now we're going to cut to another headline about member i said that here we have layer upon layer of fraud just on these fannie mae and freddie mac. interest rate swaps they're buying here metals currency regen worse than live or baffin says germany's top financial regulator said possible manipulation of currency rates and prices for precious metals is worse than the libel rigging scandal which has already led to fines about six billion dollars the allegations about the currency in precious metals markets are particularly serious because such reference values are based on life live or in europe or typically on transactions in liquid markets and not on estimates of the bank's elko neg the president of bath and said in the speech in frankfurt so here even these giant liquid markets he's

saying these are being these are being manipulated to rig it's not just these library in europe or weights are set by a cabal of a small group of bankers even these giant liquid markets are able they're able to rig them and that's one of the arguments that you know defenders of rigging the guys who are hand jive and fraud those people will say well you can't read these markets because there's buyers in the sellers in this liquid and blah blah blah look but the shadow banking system we know is at least as big as the visible banking system so it's at least sixty trillion dollars in size and we know that the cost of borrowing money in the shadow banking system is there oh and we know that people who work in the shadow banking system there is no limit to the amount of money they can borrow to manipulate a market we saw this in. greece they totally destroyed that country we saw this in ireland they totally destroyed the country the d.p.p. the transpacific partnership is the same shadow banking system borrowing unlimited amount of money zero percent interest to do

a leveraged buyout of planet earth as honestly and there's no regulators there's no public discourse there's no pushback against this the regulators are examining how traders who communicated instant message groups exchanged information on klein orders and agreed had to trade at the time of the fix so they're also joining. investigators regulators from the u.k. u.s. and switzerland of course were dabbous as were all these guys are hand diving together on the disco floor all drunk and what are the chances that they're actually going to investigate the guy that they're having caviar with tonight and drinking champagne and then they're chatting on the dance floor communicating with each other i have to investigate you what should i say to the people paying our salaries to pretend we're investigating you and the banker says back just tell them to. yes very very very specific and just your there and

jiving old school might say yes there is no. forum on regulatory fidelity i can assure you they're stuck for there's no panel in that host this year legal solutions to what happens when your bankers commit fraud no none of that is taking place as i've explained before it's a weapons dealer swap it's where find people who deal weapons of mass with the actual destruction and go to trade it's like a gun show or british aerospace or they have a show where they showcasing sting ray rockets or missiles and things i mean this one dabble says or swapping different ways of commit massive financial fraud and they get together and then they they are the hookers the price of hookers this year has never been higher and i think christine legarde an hour with christine legarde this year cost seventy thousand euros that's the most expensive i've heard i'd love to see the disco dance floor there because imagine the ring tones as soon as

somebody is rincon goes up oh my god if any freddie are placing an order let's go from around them and it's a stampede to the cell phone tower and you know yeah this is the devil stance so you get the white man dance there trying to you know dance like a white man right like a farmer. and then the ring tone goes off like doing go boasting go bells then the dances are so bummed out i'm still gonna sell for the throat. froufrou for making money christine legarde is a crook and then the ring tone goes off and then it's back to the white man farmer day. there's you know there's a george soros you know. vomiting on somebody some triple martini kamikaze had was out sebastian is also investigating deutsche bank for rigging manipulating gold and silver prices and now this this regulator from baffin says that the issue is causing such a public reaction is understandable the financial sector is dependent on the common trust that it is

a fish and and at the same time honest the central benchmark rates seem to be beyond any doubt and now there is the allegation that they may have been manipulated that's the that's the regulator hen type who didn't know coppertone sun tanning lotion never the girl the last or the jaw the dog was following her bathing suit and you can see the little bare cheek and it's thirty five that's the regulators and in a world today oh. oh oh no all right stacy thanks thank you. stay tuned for the second half of all out war. plane.

live. cross talk rules in effect get into can jump in anytime you want. in the future. so we fit the roads focus on new technology. on this moon show no punches complete with old school shootings. and we learn about the next until suv revolution this has the potential to save lives.

we've got the future covered. welcome back to the kaiser report imax keyser time now to turn tucson deep jaitley of the cat's a research dot com sandeep welcome back to the kaiser report thanks max big story of the past week i think is the fact that china officials have announced that they've gone from one point one thousand tonnes officially of gold reserves something like two point seven thousand times it's a huge jump biggest jump we've seen in decades for any sovereign what your initial thoughts mine is will thought so of the it's

a good thing or this league for them to be doing. i don't know what ends they have with the gold accumulation but they're they're following sort of sensible leads for the people to telecast this idea because that's a lot of gold we now know that it's much more than the annual production of gold and we know in fact that it's more gold that was even on the open market to be sold by various institutions even the i.m.f. except when he had it all up they somehow managed to get more gold then there was available for purchase therefore there is only one conclusion states like the united states. are selling china they're gold a lot of people have speculated that america is selling china its goal now we have proof also we also hear from sources that they are actually sitting right now on five to six thousand tons and their goal is to get to eight to ten thousand tons and therefore be in control of the biggest cash hoard or gold hoard in the world so

why is america selling china its goal is that the stupidest fricken thing they could ever possibly do. is not like they have a choice in the matter you know you have to maintain assuming that they all setting them the go and if they also adding them the go. it's that they don't have any choice you have to maintain the exchange in gold and if someone wants to exchange dollars for gold then you have to get the go america's economy is so wobbly and so infested with accounting fraud and debt what worse what you know what i hear you saying here a little bit is that they're trying to cover some of their bad debts just like at it again or you know is in over his head has to sell the gold watch at the pawn shop so america is going to the chinese pawn shop and selling its gold so that china doesn't foreclose on americans were saying something like that but not only

china it's the it's everybody that's buying gold is basically calling for closure on america so the indian people are behaving like the chinese government you know so everyone who behaves in that way is calling for closure basically you know paul krugman of the new york times recently said that the dollar is good because it's backed by men with guns did he yes he didn't suggest that there was any economic soundness to the american economy that there was any intrinsic value to the u.s. dollar but as many around the world have come to understand if they don't take the u.s. dollar the u.s. army will come and kill them they found the sound iraq they found. libya they find this out all over the world if i don't economist is saying that this is this is a just reason to hope that well i don't know what will schools he went to the american school and the american school of the school of the americas it's a school that teaches people how to be cia agents to go out to various countries other around the world and whack folks aren't so let's get into your kind of your

day to day specialty a little bit over there with a cat folks now you tweeted that gold doesn't have a spread under true free market action and that all goods are spread against gold all right so getting into the nitty gritty of the day to day of the gold world speak on this a bit yeah basically you have to go back to the area and concept of markets ability to call mine or call my grandmother of the austrian school founder of the austrian school. take that concept of the most marketable goods and the object that occupies not concept is gold now most marketable means just that you know you can take it to any market and it will have an exchange for it no matter where the market is no matter what people you're dealing with no matter what period of time you are not time travelers but you get what i mean and going forward as well it will still be

a valid medium the supreme medium of exchange nobody says no to gold nobody said i work in the world and i can get something for gold and nobody says no nobody will ever say no to go as long as there are humans on the planet that's just a theory of mine i can't prove it seems like there's a good there's a good correlation sort of was let's talk about the fact now that there's a german regular regulatory authority this week you said that the price of gold being manipulated with unimpeachably unequivocal a there's proof and it's a bigger scandal than library they say of course the four x. mark it's being manipulated. the energy markets being manipulated it's all being manipulated so where is gold fit in a world where every single prices raked every single market is is rife with naked short selling counterfeit so isn't that a reason maybe to shy away from gold as people suggest because they're saying why should i even bother it's such a rigged market i'm just going to get out of the shop buy a six pack appearance of twinkies and gorge myself to death is understandable

especially off the watching its price performance even though that's not the price but you hit the nail on the head mikes when everything else is going mad that's the only thing that will remain so and you will not be able to exchange the same things for insane things so if you don't have gold at that juncture whether it's one year two years or five years. you realize the difference between having gold and not having go you might be able to get all of these all the rubbish goods like you know five thousand dollars sweats as a walk not but you will not be able to get go for a dollar those there's another big story this way you are just a follow up to a story we've done on our show i think we're the first international broadcaster cover the fact that america had sold off german gold way before germany recently asked for their gold back because again they've been. doing and lending out gold to

the point now where or just outright selling it to china america doesn't really have any gold in fort knox anymore but germany is now saying this gold market is it is completely manipulated they were trying to repatriate their goal and america said we can only do maybe thirty or forty tons out of the think it was seven hundred or something and yes on this magnitude i what point does germany say well we're we we want our gold i mean they have at some point they're going to start being more demonstrative about this they will. surprise. is that. not being more vocal about it maybe professor effect it's a says that they're not free agents from the walls you know so they have to behave in a certain way i imagine there's an element of truth to that but of eventually forget about the german state the german people will have had enough you know and that's

when things will get interesting if you say you want you'll go back now and you're buying tons around and says you can have it back in seven years that would be grounds to declare coleman for bankruptcy going to seventy or seventy so like i was no question about it was on wall street as they gave me three thousand i.b.m. ok ok you're done you'll get the conference seven years yeah so i was i going to launch that market as a no no to this your dad they've identified some threats to the system one another one is fiscal irresponsibility isn't the fiscal irresponsibility the product of the very people to davos who are central bankers who are committing mass of monetary irresponsibility to begin with isn't this the pot calling the kettle black absolutely absolutely and these guys they want to make it look like they're trying by saying you know deficits about. you know we have to cuts and and blah blah blah

i'm more of the philosophy that you should carry on spending the fiat's you know walls people still value it in exchange you know there's no point in trying to contrive a value on something that will be ultimately value you know so all of this political sure that we have benefits and all of this nonsense immigration all comes born from this basically you know there have been hundreds of feet of currencies over the past hundred years and the average lifespan is something like twenty seven years and they every single one as all ended up achieving their ultimate value of zero yes i would. except i think the british pound is one of the the longer running fee but of course they created the bank of england and it's a constitutional monarchy and it's a place with very little you know what would one call civil rights but looking at this on a global basis over there at the i.m.f. christine christine legarde was just saying this week that we need to protect

ourselves against the deflationary ogres ok once again accu in paul krugman says there's deflation we need to print christine legarde assange all the deflationary ogre's we need to print the e.c.b. there's deflation we need to print mark carney well there's not sure about inflation but got to be careful about deflation we've got to print doesn't give doesn't printing money. to feed the zombie banks in fact is that the number one cause of deflation it will it will exacerbate things much more than the thinking from that perspective because that basically the way they're doing it is by borrowing exchanging cash football means so instead of the set of bankers that used to make money being the bankers of the government by basically giving a home for the government paper and now the state is basically saying to the people look we'll make you wealthy if you just hold on to government bonds interest rates will go to zero you'll have these huge profits and you know you will make

a fortune like hulu buying because i was given example h.s.b.c. just announce that they've got a seventy billion pound black hole of debt. so seventy billion dollars of the bets that they've made are worthless they've carried him on their books at one hundred cents on the dollar but now they're saying now at they're actually worth zero cents the dollar so they'll go to the bank of england in a marker and then mark carney will take seventy billion worth of worthless junk that's valued zero and he'll give them seventy billion dollars worth of gilts of. english treasury buys british treasury bonds you know and they'll do that swap and they'll call that quantitative easing and they'll call that a monetary policy of some type and h.s.b.c. will declare themselves a solvent but number one h.s.b.c. is insolvent by any accounting measure they're insolvent yeah be quantitative easing as you just described is a massive fraud yeah and see what point do you close a bank like

a just b.c. they load your money for hezbollah they launder money for mexican drug cartels they've got a seventy billion dollars black hole of debt they're insolvent but the government keep printing money and that's causing the deflation it's crowding out real investment they're supporting a bankrupt institution your thoughts. you're right it's not singling out h.s.b.c. per se but the whole system you know. there's no there's no question the rule this is all a it's a surat but it's any assurance to the people who are where i honestly think the innocently ignorance you know the norm not maliciously sort of evil people is the basis of a firing squad that if you know what about each one of them and the firing squad doesn't have the bullet and they all walk away thinking oh that was me i'm innocent

but yet they're all guilty you know so the accounting for a k p m g that h.s.b.c. did they have the bullet they don't know even though they're in accounting for they don't know what who they killed but they know if they know how much they paid for lunch and they're going to get a write off against the government but how many banks they kill this morning i don't know man i'm going to count that one when i know all right we've got about ten seconds left actually running out of time. so we don't have any but i take it that europe still bullish on gold absolutely absolutely and so i'm also the lower the price goes the more the more you should be i think the americans say stocking. stack to keep stocking. all right sanjay thanks so much for being once again on the kaiser report and that's it for this edition of the cows the report with me max geyser and stacy herbert i'd like to thank our guests sandeep jaitley of research dot com if you like to get in touch tweet us at kaiser report into lifetime bio.

on june sixteenth one thousand forty one we had a graduation party at school and the war broke out. the shops were always full of goods. in september leningrad was blocked. one day mom went to sort out all the shelves were empty. in november the. warehouses it was the main storage place for all the food in the city people because it had small traces of sugar in it i tried to eat it as well but i couldn't. credibly every bombing.

it was a direct hit on that very shelter and everyone was buried underneath. all of them. it's a little over one hundred. million common sense come together with one. war is not the young.

protesters will wish that owns are going. after tonight so violent protests leave the center of ukraine's capital devastated and many of those guarding it and hospital. is a position to sign that will attend peace talks hopefully you on the electronics and invitation to iran in just a day before the geneva summit staats a move as cold and mistake. rushing to the stars attending to peace talks to focus on terrorism plaguing syria i mean reports of al qaeda training camps across the country.