and people can say what they want but here in the united kingdom we certainly can't talk about u.s. corporations or u.k. corporations so i won't mention any of the corporations in here but you can do your own research and look at this but the fracking firms are very excited for banks that's because. e.u. regulations really involving environmental protections so exactly don't talk about their i'll just read the headline because they don't like too much mention of any corporation involved both mad. but i don't know if google's blocked if you can even do a search here but if you know you can use a v.p.n. and go around to pretend you're in america look for these sort of corporations but of breaks at the fracking lobby and the revolving door tracking firms are keen to benefit from bragg's and are hiring firms staffed by well placed insiders to lobby on their behalf right that's the backside of fracking isn't economic disaster you can't make any money with fracking it's all dead based and then they fracking rigs expire before the debts paid off and then all the debt goes onto the national

balance sheets of britain's national debt which is last i checked something just under two trillion pounds is going to go to three trillion because all these busted fracking rigs number one number two it's a health issue it's a mental health issue they've got known carcinogenic and all the fracking fluids it's a it's a not environmental disaster any place to fractures go the countryside to look like friggin mars on crack and then you can say anything over the b.b.c. of course because if you mention the sort of the b.b.c.'s are you not being impartial you're not being impartial enough you're not being impartial enough oh you have to say exactly what the state wants to say oh that's better now you're being impartial ok well the fact is that these factors. are happy for the banks right there's no use jack as there is actually about assignments of regulation right on that so in that case they were definitely they were protecting the population of the u.k. which we've already covered fracking over and over but i also want to look over at the you us where we also have a very big. story in the news and that is means friend donald trump has had this

immigration policy where he separate you try to separate these families took little three year old kids and two year old kids and diapers and put them in prison and their own little immigration center all run by private companies by the way and i mean i even saw reports that their little two or three year old kids were brought up by their own with their lawyer public defender in front of a judge in front of a judge like explain that was just about a day care to go. visit daddy a work day well they went to court and they had to answer for themselves who out why they crossed the border and one of the kids climbed up on the counter and the judge's desk into the know better but nevertheless prison operators could cash in on trunk zero tolerance immigration policy the biggest private prison operators which have poured money into republican coffers than to make a windfall from president donald trump zero tolerance policy on illegal immigration that has pushed thousands of undocumented immigrants into detention so of course

civic is one of the biggest groups and their shares are up seventy nine percent since the twenty sixteen presidential election and geo shares have are up eighty five percent but just like the fracking just like all the horrible stuff like these and this is the same sort of grotesque lobbying that are basically able to plunder the population with a good test theory whether it's a horrible environmental disaster or horrible humanitarian disaster of taking babies from their mothers and putting them in front of a court to answer for their actions. it is going to scary as you point out and that kind of american style grotesquery is going to be more prevalent in the u.k. now without the mitigating influence of the e.u. and the regulations are already saying that in the fracking industry and in these other industries and it's only going to get worse and so you going to take a population as being victimized by corpore corporatism which is like a nice way to say fascism or or grotesque. grotesquery is i'm awfully good in it

come out of this of be like music good music maybe punk rock comes back many johnny rotten john lighting comes back and starts cutting new records get out of butter selling business god save the queen don't fret. you know i can fill in for sit. i think more doogan is an outstanding person because he took on the most powerful agency in his county or you'll be the state if you look at it from the book on the injury. mark was the day that when he was five. going to has been

the most contentious critics say he is the first time i noticed something wasn't right in these were pretty much when i first started the corruption in palm beach county is not something that you can smell it. and when it wasn't what i wanted to do. we've had more shootings in this county then some states have had collectively. begun featuring the comments about his family the sheriff might. squash you like a bug you know i wish you'd stop then you should say and i'm left with stuff i believe what i'm doing oh so it's ok you know it's your funeral. p.b.s. and critics in this house. i snuck out of the united states. into russia political. men they

know bad wolf. right. gardens drive yes the studio has a signal. he's not going to talk about the no fly list just reviewed right after the mars explorers one knew it would have their own unique. record. to say last week. ok alice room well welcome to sophie and joe i'm so the shevardnadze and today we're got lots to talk about in our program and our guest is. little rock little.

i mean. really i look so good it's a movie can you see as nothingness by the fact. that you're

in the form of the media. almost you must name the baby was in the north and the moment it was up in the film i will be most i will start to feel. i've been saying the numbers mean something they matter the us is over one trillion dollars in debt more than ten thousand dollars fine stamping each day. eighty five percent of the global wealth you longed to be rich eight point six percent market saw thirty percent rise last year some with four hundred to five hundred three per second per second and it going rose to twenty thousand dollars. china is building a two point one billion dollar a i industrial form but don't let the numbers overwhelm. the only numbers you need remember in one one so you can afford to miss the one and only boom bust.

seventy four does not support. seven thousand islands. to the judges. eight hundred sixty nonstop days of. the russian w.b. h.m.p. it. under russian stuff. show you how. long the crimean bridge was built. witnessed the construction moving you need to transport. that will help the cause of crimea the cluster most of those you know won't go for more snow yet it abuts clear.

welcome back to the kaiser part imax keyser and let us welcome back into the studio founder of gold money and a deep thinker or i so much welcome back thanks for having me again all right i use this in the first conversation and i think i must now begin to talk about over the

last people just freaked out here so this is as i mentioned twenty four karat gold investment jewelry it's from a company common ebay which is a company that you founded you started and it's fascinating because is investment jewelry it is priced in a way that fluctuates exactly what the spot price of gold and you're educating a whole world all with the whole western world about how gold is actually bought and sold in the eastern world by weight correct that's the key so you've launched this thing into the site business is really taken off people have taken to this quite rapidly how's it going it's going really well you know i think that you know i'm very passionate about gold it's what led to the founding of gold money in which was originally known as big gold and it feeds into what we talked about earlier you know at the end of the day instead of all the elaborate conversations we just had

you can always simplify it that politicians are always going want to want to screw you over in a few money system and so gold is your way of preserving your purchasing power with gold money we did. a financial service an institution that allowed you to hold your wealth in gold but to really help people and broaden access to physical gold which is which is really the key here physical gold i recognized about two years ago that i had to disrupt the jewelry industry the jurors who consumes most of the mine gold about one hundred fifty billion dollars a year flows directly into jewellery and what i found was that the eastern jewellery markets were quite efficient they were. actually engaging and dealing with jewelry in the same manner that people have been dealing with jewelry for thousands of years since the beginning of time jewelry is generally made out of twenty four karat gold which just means the way gold is found in nature when you go and find gold in iraq it's not eighteen carat or fourteen carat that's an invention a human invention an alloy where the pure gold is taking in diluted down when you

find jewelry in the east it's twenty four carat and it's sold by weight and it generally is devoid of any gems or diamonds stones so the goal is the jewelry is really a weight of objective value it can be bought it can be sold it can be exchanged you know forever i know i was you know one that bought into the myth that you can't own twenty four carat gold is too soft yeah but this is twenty four carat all it is pliable adjustable but it's not in any way too soft it's soft for a metal but it's still a metal and that's the key you know people that repeat that myth it's generally a lie perpetuated by the western jewelry industry right so if we got it when i started to learn about the western georgia show it was really appalled to see that in the old days you could find tiffany selling you jewelry by weight but nowadays the jewelry industry is really incentivized by wall street and by their own greed to have minimal working capital which means that they try to generate very high

returns on their capital and try to generate the highest margins and they've been engaging in this game of how much margins could we charge a customer for the last forty years so when you buy something from cartier tiffany's or even pandora which is a lower cost jewelry brand ninety percent of what you're paying for is b.s. it's basically the brand they call it the brand but of course when you leave the store you can't sell it for that value so really you're just paying a very small amount of money for the intrinsic metal value and what we're doing with minae is we're turning that equation one hundred eighty degrees where inverting it so that when you. i a piece of men a jewelry ninety percent of the value eighty to ninety is going towards the intrinsic metal value and only ten percent is going to design and all of our pieces are pure gold pure platinum the prices change every single day when gold goes up and the website yes say this this item i think is called the torque to give you the current spot price of this item and you can i believe actually if you wanted to i

could go to benet and sell it for the spot price minus a fake there's a whole platform once you buy it and you can actually track its performance just like a stock you could sell and sell it we send you an envelope just like the old netflix you throw it in it's fully insured we ship to eighty countries around the world you can gift items you can even do something called mini harvest where you pay towards an item walk in the price at the time of purchase and once you fully paid we ship it to you so it's a really really cool way what it will do and i get these i see they make a video on them on a scale and they see it actually to the exact weight that advertised and occasionally someone will say oh my god it's actually a fraction of a gram over and they're like a static and and now you've got these these are interesting these that all charms because they are pure twenty four carat all and they're easily to collect and you know this is obviously appeals to folks i just want to get in on the on the gold action in

a starter kit so to speak but it's quite quite lovely so now let's transition to the big picture here because people are buying gold and they say they're storing gold at all money and then you've got countries like russia that are buying frick and hundreds of tons of gold because they see something happening in the global picture what's happening there why is why is russia by so much gold well i think that everyone is recognizing that you know we're not going to be living in a u.s. dollar centric world for much longer and i think that the wise countries are preparing for this by establishing some other alternate medium of exchange. or store a value and when you go through the periodic table this is what i always say you find that there's really only one way to supplement and a form of trade remember you can't predict what type of trade you're going to have in the future russia can't predict if it's going to so china a lot of oil a lot of grains a lot of bush goodall's but what it can do is it can stock up on an intermediate

commodity that has the same cost inputs as any other good or service and those inputs are energy labor and time and gold happens to do a very good job of absorbing a lot of those inputs and then storing them for a subsequent transaction that's all it does so as i study the periodic table the predictable of elements yes right so gold is number. seventy nine seventy nine i often use that myself by proving my high school chemistry class and hopefully in a correct and i know your partner josh comes from a geology background loves to get into the actual good deal geological properties of gold and that it has all the unique characteristics that make it perfect for money and so we are saying is only macroeconomic world russia is recognising that if you take labor you take energy it stores

it's it can be is for trade but is there a fear now that we are reaching the end of this us dollar gemini of the us dollar as world reserve currency if trump as we've discussed earlier is going in redrawing all the trade negotiations is there a thought that we need to protect ourselves against having all this stuff going going going awry and we're you know heading back to the very basic trade trade in goal i think it's a real possibility because first of all if you're not living in the us you're. great disadvantage today in terms of the chess game trump is really ahead of everyone by three or four moves and i think that there are only way for europe so you're a kid in gauging reciprocal trade so what that what does that do to the euro does a euro survive russia can engage in reciprocal trade with the united states but at the moment that doesn't seem to be an option for them and i think russia has much

more important trading partners like china i think that the way people should think about it is they should always be allocating a portion of their savings to gold and that portion that they all agreed to gold will always be available to them in the form of purchasing power the same equivalent purchasing power doesn't always work every year but it works really really well if you stretch the arrow of time there's a wonderful book about this it's called the golden constant by roy jost from who is a harvard economist and it really shows how gold maintains its purchasing power over thousands of years you know one of the one of the nice ways that he does it is he says a roman senator's toga was one ounce of gold a brooks brothers suit in one thousand nine hundred was one ounce of gold and a new italian suit today's one ounce of gold so the gold is simply preserving purchasing power it's not making you rich and it's certainly allow you to avoid being poor now you speak about trampling forty chess is speak about trump as being

mastering the game in a speaking my shop in very positive ways that i would say most amount of america doesn't share they are he's constantly being attacked and he's being vilified and he's being shown by mainstream media as being a character that is reprehensible in many ways and what what what what are people messing about trump because when you talk about shop you know i travel the world and i look at the global economy in the u.s. economy and i share a lot of your views there that he is actually doing some. that makes a lot of sense from sure economics point of view but what is the what is the media getting so wrong about trump and are they you know they're looks like they're going to fail miserably in the election cycle the twenty twenty like it's like they're dedicated to scapegoating russia for the failings of the democrats and hillary

and yet if they looked a little bit more closely they would say this guy's actually making some good moves how could you break through that that sound barrier they think is kind of an odd question but so i want to be clear a goal money our policy is always to nominate any political comments so i can't make a political comment about trump whether i'm for or against him or not but what i can do is make economic observations and i think it's unequivocal that trumps economic moves are the right moves you know there's a lot of talk about this concept news mercantile ism i'm sure you know a little bit about that and a lot of the austrian economists especially. and the modern keynesians seem to share the same view that merck until islam is terrible and adam smith proved doesn't work in this in that i actually think that mercantile as them is exactly the way one should run their country and all it means is that you don't run trade deficits and you accumulate metal bullion or some form of surplus i think that's

very sound advice i have personally seen members of my family be very poorly impacted by the policies of the globalists who are twenty and thirty years people that were involved in the industrial economy in the manufacturing side i have seen a lot of the nonsense and emanate from ivy league schools and think tanks saying that automation and people have to learn new trades and new skills and robots are going to solve everything and scarcity is a manmade invention and all this nonsense that i can given my understanding of economics and observing reality dispute we're producing more steel than ever in the world are producing more oil than ever. we're producing more automobiles and ever there's absolutely no reason why the united states should have seen its manufacturing base hollowed out it's good high quality jobs hollowed out hollowed out in lieu of really good khana me service jobs ok so to speak less so in mercantile as i'm you have a mechanism to. periodical

a balance the books correct rights if a country is running his trade deficit then that some point gold is swapped and the books are balanced correct and so it's a way to put a limit or on what we see the excesses and monetarism where you've got money printing leading to mal investment correct right and you have it demands of the state the exact same principles we demand of the citizen why is the citizen have to balance their books and the state gets to run deficits and a trade deficit i sometimes i find myself reflecting on this and i think a trade deficit is even worse than a budget deficit especially when you have free flow of capital when you can take the capital back and instantly recycle it and then you're not just you're not just hollowing out the manufacturing base but you're also selling your assets to your competitors of course with gold you have individual sovereignty make your own

little american tell us policy individual sovereignty that's the key and gold money where investors minae as a spin off of gold money and even at some other things you're cooking up in the back room of the rice to buy brain what you can only talk about next time you're on thank you i would love to listen to it for this edition of the kaiser report with me max kaiser and stacy herbert like to thank our guests reisa block of gold money dot com and benet if you want to reach us on twitter it's kaiser report and there's a twitter from an essay at many emmy and he has some picasso why. woman designs it all i mean how cool is that until next time by. across europe municipalities are taking their water supply back from private

companies who feel it to me to be about this is a simple song alone even some company elsewhere they invite private companies to take over the utilities anybody tell us they're all. allowed from us you guys you got to be a violent to pick him up because. i've been this is. just because i'm out of office and more you member of the left bill brought up locals are ready to stand up for the basic human right the access to water it's about water but it's also over much more lore it's about the hurt and the redistribution of our west birth. date downwards be won or lost.

this stuff or something the sad part of it is after life getting taliban was that. the meat of afghanistan always do you guard their wives their sisters as a value able. and human being i mean that's historically like that but unfortunately didn't get taught about not only that you know physically about those structures were kind of broken but those associated our social values were damaged not only this one conflict actually damaged our structures that structures but it unfortunately damaged our values two. decades after the war a nazi don't it was still active rich in the nineteen seventies krone towhead as the chair of its board a man convicted of mass murder and slavery at ash was a german company growing untold develops in the demise

a drug that was promoted as completely safe even during pregnancy it turned out to have terrible side effects what has happened to my baby is anything paul you know she said she's just got choked on minix a little mind victims i have to this day received no compensation they never apologized for the suffering that not only want the money i want the revenge. but politicians do something to. put themselves on the line. you may get accepted or rejected. so when you want to be president i'm sure. more some want to be preached. to the right to be for us was like before three in the morning can't be good good i'm interested always in the waters of my colleagues. question.

seventy four design submissions. seven thousand pilings. to join judge's. name and eight hundred sixteen nonstop days of. the russian w.b. . under russian mob stuff. show you how. long the crimean bridge was built. witnessed the construction moving you need to transport algerie that will help the crimea because to most of those you won't go for more snow yet it abuts will. still.

top stories this hour donald trump arrives in the u.k. for his first visit as u.s. president protests are planned in cities across the country with many brits saying they reject values he represents. i don't want to hear. i don't have any time more respect for him is a disgrace to america. i would trust shuttle to meet the russian president next week he pointed out to his nato allies a few hours ago that he. has a competitor not an enemy. he's representing russia i'm representing the united states so in a sense we're competitors not a question of friend or enemy he's not my enemy. other stories were across this our facebook labels thousands of russian users as having an interest in treason.