linked to the jet fuel this topic is sometimes raised locally but mostly effort one is scared to touch it and wonder does is not the use that every other person has cancer this includes me i have cancer my boss at work also has cancer it involves everyone and every day is just that not many think about it until it involves them . the number of cancer patients hasn't changed in the last ten years the same goes with the other diseases cancer for the root cause you need research that would cover a much larger number of people you need a good database on diseases if the local hospital hasn't found a spike in oncology diseases that doesn't say anything about a possible connection it's not the way it's established. the problem is that there are too many risk factors that influence our bodies in the end it's very difficult to find who's the one to blame.

god we need to find who to blame but who will go against the americans nobody will order them to leave this topic will always be denied well covered. with americans rent apartments here and pay good money to trust where the tenants if they were to leave all that income would disappear that's an additional hit. and according to a german government report from twenty sixth in the country spent more than three hundred thirty thousand euros cleaning the water around the base seventy five percent of the cost will be refunded by the us armed forces with us the american side for comment on the issue will bring you any response that we get. that is all from me for this evening great to have you with us here on our team thomas will bring you brought up to date enough. join me every thursday on the alex salmond show and i'll be speaking to guest of

the world of politics sports business i'm showbusiness i'll see of an. imax kaiser this is the kaiser report the show that keeps it real. yes there's well we're looking at tapering a ponzi because apparently you can't taper a ponzi you are seeing that as we enter the volatile times in markets and our last guest tyler janks looks like he could be right it looks like big could be heading down to a thousand like he says because markets have been in chaos and. right now

as we speak two thousand eight hundred stock market gains are officially dead all those gains earlier and they are gone gone gone here's some headlines here i had just quite good at covering these sort of headlines because they're good at doing gloom headlines i'm going to read two of them nothing is working shellshocked investors observe the market carnage in dismay and the next one stock slammed into red for twenty eighteen amid carnage in crude crypto and credit you know it's a simple us work of us cash two point four seven percent on an eighteen month bank seating you know that's not bad that's what most people are pouring into cash and hedge funds have one of their largest cash positions at the moment they're liquidating everything they're looked at liquidating their crude krypto in and credit and they're going long cash so they're hanging out in cash right now that is one thing now whether or not the dollar is going to soar as everybody tries to get

cash because a lot of people hold their cash and dollars the inability of any single asset class to escape the dismal black hole super gravity of devastating losses in a brutal post catharsis that has mutated into an equal opportunity route crushing returns across all assets have left investors reeling shell shocked and paralyzed and dreading what may come tomorrow let alone next year when both the u.s. economy and corporate earnings are expected to see their supercharged recent growth rates come crashing back down to earth now well i mean this is a set up for a four and a resumption of the bond ball market engineered by central banks so the question is are central banks prepared to let the credit market collapse or are they going to. do q.e. for now with the recent rate rises there's room now for q.e. four so they would come in and they would revert views reverse q t. or quantitative tightening and they'll engineer another bond market rally i mean that think that's i think that's what they'll do and you'll see everything risk

will be back on but they have to let people panic to a point where it becomes a political issue and to avoid the political issue i read rioting in the streets they'll give the masses the bread and circuses that they always demand which in the modern times made money printing and will continue they'll open the spigots in a big way once again my feeling is that the markets are pricing in that the fed will raise rates this month december and also that at the end of the day compared to two thousand and then two thousand and eight. most ordinary americans and most ordinary people throughout europe in the rest of the world have not participated in this rally and two thousand and eight was all about subprime and subprime didn't go to the top one percent it went to the bottom ninety nine percent all the subprime loans and all that evaporated wealth the same in the two thousand

dot com you know you were around you a participating in it and there were many many ordinary millionaires being made printed out of you know i.p.o. thin air and now it's been oh most entirely and all the data shows that since two thousand and eight two thousand and nine through the obama years all the house prices are up above where they were before and stock markets are but almost entirely that's owned by the top ten percent and in particular the top one percent so when this all comes crashing down whether or not i think for the ordinary person they won't have any change at all and their economic reality well if they're in kansas or you know novato or somewhere like that but. you know california and new york yes saturday night live might start panicking and do a jim cramer sort of you don't understand all my friends are losing their money they might pull a jim cramer and demand that jerome powell like bailouts everybody on saturn. what

wealth is being democratized you know what i mean by that is after the crash of twenty nine and then after the depression from that came the thundering herd of merrill lynch in the whole idea of becoming an owner in america by buying stocks but since the reagan years and the deregulation years we've all those a mom and pop or wire houses as they're called or big distributed networks of brokerages like merrill lynch is now owned by bank of america or paine webber dean witter smith barney lehman brothers bear stearns all these shops have been bought up by a few majors and so they gave and you have a deed democratization of wealth and number of people who own stock shrinks and need to have this plutocracy running the show and but i don't think they're going to suffer any extended period of losses you know there will simply kowtow and

leverage the central banks to give them what they want which would be another fifteen to twenty trillion dollars of free moving you know there is a quote here that there isn't an industry that doesn't have something wrong with that everything's been hit ford pitt senior portfolio manager ken for she told bloomberg that there is one sector that barely moved as barely moved the last five years and wall you know apple and amazon a been down like thirty percent from their all time highs a month ago while it was having seven percent down day six percent down days and up and then down gold has been fluctuating between twelve twenty and twelve twenty five. this whole time so it's it's stayed. a stable wall because it's been falling eight nine ten eleven percent today oil like i said you know so it's been stable mo gold is doing and always does maintain purchasing power so you can two thousand

years ago you'd buy a suit for an ounce of gold in twenty eight and you can buy a suit with an ounce of gold you know to maintain purchasing power for thousands of years will continue to do so i think you will benefit from asset rotation i think you know money managers around the world will grow tired of losing stocks and losing bonds and they'll say you know what why don't we park some money into gold so they'll have a strong been some buyers out there who said cash is going to cash in that safe and this is the ultimate cash cash equivalent of j.p. morgan. only gold is money everything else is credit now i want to also move in the last you know segment here to the u.s. elections coming up in two thousand and twenty because we're past the midterms and i want to know something that we noticed crossing the united states because we were right in twenty sixteen that i didn't predict that hillary was going to lose but i noted that she could possibly lose based on my observation

a bumper stickers around this area of north carolina where she was supposed to win by five points and yet you didn't see any bumper stickers at all hailing support for hillary you saw plenty of bernie sanders but you saw more trunk signs and bumper stickers and you saw hillary so one thing i noticed that really stood out when i crossed when you and i just crossed the united states for gonzo was this medicare for all bumper stickers in all cars all sorts of states all across the united states we went through many red states and we still saw medicare for all bumper stickers and you know that's an indicator because of this headline lobbyist documents reveal health care industry battle plan against medical care for all the growing popularity for medicare for all in the house is. progressive optimistic that the democratic party will embrace ideas to expand government coverage options with minimal out of pocket costs for patients going into the two thousand and twenty elections but industry groups have watched the development with growing concern over the summer leading pharmaceutical insurance and hospital lobbyist form

the partnership for america's health care future an odd alliance of private health interests to curb support for expanding medicare now they've already paid a lot of money to former hillary staffers to join and help lobby against medicare for all this is a piece from intercept they found some of their memos and what they're planning and basically they're targeting all these democrats and saying you have to quell your progressive base and keep pushing obamacare and expanding. so you know all these progressives on the the like saturn live who keep on pushing the notion that obamacare is somehow a really progressive policy and yet these major mega corporations are where the c.e.o.'s are being paid thirty forty fifty million dollars a year they're fighting to maintain that as their status quo you know it's a bipartisan issue everyone hates the medical insurance industry and the drug

companies. for accounting for undermining the economy in this huge way by forcing people into medical poverty and so it has currency it has a lot of appeal this medicare for all the bill that has the the added benefit that to pay for you have to cut the military budget by half which would be a great idea too because it doesn't really accomplish much. yeah could be a big issue well if you cut the military budget in half you'd also hit the other democratic supporting industry which is the tech industry and silicon valley they pretend they're all like libertarian progressives but the fact is they are basically giant welfare bums as well. they had to create a lot of useful products over the last two years several opinion surveys show rising support for expanding medicare in march the kaiser health tracking poll no relation to this kaiser. found that fifty nine percent of americans support

medicare for all and by august a poll conducted by reuters ipsos found an astounding seventy percent of americans support medicare for all including a majority of self identified republicans this is the landscape leading into two thousand and twenty this is the landscape you're going to see as the democrats are going to divide on this issue but even republicans are saying that a majority of republicans actually republican voters actually support this idea for medicare for all because at this point you know now that we have obamacare which is in a way worse it's better for the sick people with preexisting conditions and who don't have an income say over forty that are earning an income and don't have preexisting conditions as far worse that's like collectivization under stalin you know you take in the farms and you're putting in the business to farmers to give

everybody some weight and it didn't work in the soviet union collapsed similarly you can't put middle class people on the poverty in breadline to pay for people's collective assails care doesn't work unless you want to mimic what happened in the soviet union which i mean i think the bets you know betting is that a u.s. could go the way of the soviet union so i mean that quote went to a former hillary presidential campaign top staffer we're all focused on two thousand and twenty lauren crawford shaver a partner at forbes tate who is helping to manage the partnership campaign recently told the national association of health underwriters and a pod cast produced by the group basically they're going to go after you know that the fact is that medicare and medicaid already do provide more than fifty percent of all health care spend. and what they're paying it at. the rates that we as individuals each have to go in and negotiate with all these giant mega corporations and mega hospitals of what our m.r.i. is going to cost so they're having to pay at those rates because of this system oh

they're going to rename the health industry the poll of bureau i think that will get the message through hey we got to take a break and when we come back much more coming your way. it's ukraine versus russia again a minor maritime incident on the courage straight is said to be anything between a major international crisis to achieve campaign trick as ukraine to increase an election cycle take your pick but one thing is for sure russia is deemed aggressive by the west even when defending its solver.

welcome back to the kaiser report imax keyser time now to go to switzerland that's right time to go to switzerland and speak with ugandan grier's of gold switzerland dot com egon welcome back thank you max good to talk to you again it's been a while and things are happening in between so always exciting to have a very nice i say have got a picture of the matter hard behind you looks like it's made out of solid twenty four karat gold what's funny is what's the line where we're hiding our gold as you can see and you know nobody can understand that it is real gold what it is so yes

it is a go go the bathroom all right so egon not switzerland has actually won it it's a very interesting situation people don't talk about it much because their central bank is doing things that normally would not associate with the central bank you know they were big buyers of apple computer and they were one of the biggest owners of apple computer they sold apple computer now they're printing money to buy income producing assets and so what's happening at the swiss national bank egon well it's a sad saga you know it didn't used to be like in the good old days but you know i've been around too long and seeing now that the horrible part of central banking my views of course as central bank shouldn't exist at all they form no function whatsoever they distort the whole financial system and create bubbles and that's that seems to be their main role now and then the name you know they think they're saving us but they cause the problem in the first place so so it's not about our

know it used to be a very conservative bank didn't interfere to this extent but now they are now as we all know the biggest hedge fund in the world they're about a sheet is bigger about fifteen percent bigger those whose g.d.p. and in the balance sheet they have. i mean that part of which is a lot of us stocks that i'm sure even they if they were lucky on a bill that i'm sure there will. be less lucky on a lot of the rest of the stop but you know their biggest position is euros and dollars by far euros because that's what they are why they are blowing up the balance sheet to manipulate the currency i.e. to lower the swiss franc and so they are shorting swiss francs and a massive way and buying europe's so and i think that's you know that's the risky position stocks is a smaller part of it but their currency position is unacceptable too big for the

country if you then add to that that the swiss banking system is about between five and six times so as g.d.p. you then you know so it means that even with this massive balance sheet which is all as a leverage balance sheet and the swiss national bank has. the banking system is much too big for the country and too big to be saved and so the swiss banking system sadly is. not conservative ah there these days and to leverage and assists national bank could not save them if that was required so that you know this is why i'm always said to people if you want to end up with money the end of this coming crisis don't keep the major part of it in the banks because it's not going to be either in the bank it's not going to be there or the money that you have in the back is going to be debased to such an extent they'll be worthless

right you know it's setting up there is an interesting conflict and geopolitical conflict because some countries are accumulating golf and some countries are accumulating paper assets and fiat's money and interestingly there's an appears at the switzerland is siding with the money printers and the money money hoarders. and so they have set themselves up to be in conflict with countries like russia and china that are actively accumulating gold and the price of golf would suggest that the fat money crowd is winning this war because the price of all this gone nowhere as it were as we both now for the past five years suggest that the strategy of accumulating gault is failing and a strategy of cats out into the money printers and what's the swiss national bank as one of the top money printers in the world is winning egon we're now winning this war you got what's what's wrong well miss the kaiser this is

a low res. way to go i mean we've heard restarting n.d.s. and yes the national banks will then western national banks will not win then we big loses the eastern countries will win because as you rightly said they are accumulating gold and they're buying all the gold that is produced in the world and more you know we see every month now major amounts of gold going out to the u.k. and also some out of the us to switzerland to this was refiners and and then to be re exported to either china or india or russia and so what they're doing is all of that in my view is central bank gold because i i wasn't aware and the u.k. was a major producer of gold because they aren't us but that's the now the biggest part of what this was refined is the receipt receive in the last few months that means

that it's four hundred pounds bugs big big big the bars of the central banks keep that are either lease to the market by central banks or maybe sold better by central banks and then they are bought by china or india and. you know and then sent to switzerland to be broken down into one killer bars because that's what they want and then sent on to these countries so in my view we are we are seeing a constant outflow. of gold from the west whether that's i think most of it must be central bank gold because they are b.m.a. banks haven't got much of a gold stocks and therefore they're continuing to deplete. the stock sure if they lease it to the market you know they're supposed to get it back they haven't you from is from a bank in london. that says that they will pay them back to go but of course the

gold is not staying in london anymore that which used to be you know has gone to china so therefore china is not going to send it back and they're going to have to go back so there will be a major problem in that market one day when the when the physical shortage is properly reveal. to that of course all the you have futures. go that is many hundred times the physical available you know and so gold will have its time i can guarantee you that gold out before metals asters in the next or if not all assets in the next five to seven years gold and silver right now this reminds me a little bit of what and gambling circles is called a martin gal betting system the way it works as if you're at the roulette wheel you keep betting on read into all of actually read wins and all you need is an infinite

amount of credit and that eventually the strategy wins and i seems like a central banks are being remarkably reckless by printing all this money and supporting their paper money ponzi scheme and they're sacrificing their gold and this eventually is going to. not work because the world i was last i checked this has four hundred percent g.d.p. of the entire planet earth is now in debt south the debt cannot go continue to go up forever and of course gold is the only true way to clear debt so the demand for gold eventually when debt becomes an issue spikes because you're need to clear that debt and the only way to do it is with gold that we know that from five thousand years of history sorry setting ourselves up for a spike in gold or

a suddenly the debt becomes you know the market says you know what we can't sustain this debt we've got to get rid of some of this debt and then you see a spike in gold in the gold when what it would trade at its risk adjusted our debt adjusted price of twenty four hundred twenty five hundred dollars an ounce very very quickly it on your thoughts yes that's absolutely correct. you know we know the we will never be repaid we know that the central banks haven't got a clue what they're doing and if you don't believe conspiracy theories are they're trying to destroy the world. but the only way as you say is in order to get rid of the debt and i you know the debt let's face it the debt can never be repaid there's no chance the debt is increasing exponentially in good time as you say the debt is no four times global g.d.p. but then you add unfunded liabilities and then you have the river to. a few other.

commitments on the system the financial system and then you get to the liabilities of maybe two could really and the debt is only two hundred fifty trillion so you're talking about the risk which the world cannot cope with i don't think there will be an orderly reduction of these debt because as. no chance i think it would disorderly and i think the central bank will initially print unlimited amounts of money at this time and well off it will not succeed as it did in two thousand and seven nine we are now getting these zero return on new printed money already and eventually of course interest rates will go up dramatically when you start failing because bond markets are going to crash so it will it was sadly be you know enormous pressure on the system maybe part of a lapse of the system maybe they will come in with. us now legarda talked talked

about. the crypt abased of. central currency is central banks will issue crypt occurrences to divert the attention from let's say the dollar and that is worthless or will be worthless so they come up with a new currency and that will be a temporary diversion but it's not going to solve any problem because they'll be the same the be the same fear of money just in a different electronic form. i have the firm view that the only way to get out of this is for the debt to implode and when debt implodes all the assets that the debt is fine as william plug blow also so we're going to have a bit of a shake up and gold clearly as it has done throughout history you know now when there is no backing of any currency in gold you know it's you know we've been setting up as a company and who are investors we visit your goals as two thousand and two we know

that the guard that the governments and central banks stand behind us all the time to guarantee that goal on a relative basis will increase in value relative to feel at currencies and also i think in the coming years relative to the other assets so it's a fantastic year and you haven't. gold is underwritten by governments and by central banks no because they will continue to print and debase currency it's all we've got you know we've been into gold for. sixteen years now and you know so we had to have five six years of sideways move first a correction sideways but you know we're ready for the next move up and gold will just continue to reflect the the horrible way the financial system has has been managed and told me ruined by central banks during the last hundred years and i are going to cut it there and i will keep it out for another segment if you have the time but for now we got to say goodbye you got thanks for being. on the second of

the kaiser report all right max as always good to talk to you thank you and that's going to do it for this edition of the kaiser report with me max geyser and stacey everett like to thank our guests. gold switzerland dot com if you want to catch us on twitter it's kaiser report until next time bio. shows seem wrong. well we just don't. get to shape our disdain to educate and indeed from an equals betrayal.

when so many find themselves worlds apart we choose to look for common ground. it is revealed that three cranium ships which russia says illegally entered its territorial waters had weapons and ammunition on board however the international community has been quick to back kiev and not moscow in the stand. by european pledges to support companies that define us sanctions on iran the french oil giant total pulls out of the largest gas project in the country.