profound 32 potential. racialist. a u.s. navy seal accused of multiple world crimes including a bridge in a combat zone is acquitted by a military court as a key witness claims responsibility for the killing. protesters in tel aviv and throw petrol bombs. teenager shot dead by police. a tale of true price that's revealed the $14.00 sailors who died in. russia. on porches of cuba in a staunch react with the british foreign office emotional part of free speech

conference calling to defend the freedom of the press. those are the headlines this hour you can find more on these and many other stories. for now though it's the cards report and if you're in the states you. because you're this is the guy's very poor we are going to maintain their san francisco great event put on by a big going magazine but a great speaker of great talk about they're going to fully embracing a new leg of its bull market very exciting action susie yes well you know we're in our whole summer solutions' beginning of that happening we're in summer we're into la it's all like happening and we have this remarkable tweet here and it's from another big player because you know this big move that we've seen

a big client and it's still very volatile and you know you do your own research of course when whenever buying restacking sat's as they call it and never invest more than you can afford to lose but here is the latest movement in big. what is quite apparent and has been discussed at this point conference is that it's mostly institutional money this time around and 2017 it was all retail money it was the ordinary person out there like with a 100 bucks or a $1000.00 to their name this is like the big institutions coming in and you can see that through the google trends you can see that there's very very few searches happening on how to buy that point nor anything to do with big plan so it's really an institutional money and here we have a tweet from d.c. which provides a little link to a segment with invesco chief global market strategist christina hooper is the ultimate safe haven trade she says that might not be too far fetched well certainly there are a lot of safe haven trades and i've heard some strategists argue in fact that

bitcoin is a safe haven trade or perhaps an indicator that we're very close. i think that might be a sign of fears about recession but certainly it makes sense in this environment that we see investors looking for safe havens but i do think it's a mistake. with the fed signaling its willingness to be a lot more dovish right well the main idea of because it is safe haven 1st talked about on this show a few years ago as being the ultimate safe haven better than gold to be a safe haven and that a lot of money moving into because it was the result of safe haven funds risk off money when the risk in stocks and bonds gets too high there's a risk off feeling in the markets and institutional money starts looking for a safe havens it becomes a safe haven this this idea makes gold bugs puke they can't believe it they're disgusted that they never saw this coming every single gold buy if they follow

because the report closely they would all be retired by now on their $1000000000.00 private islands and wouldn't hear from them at all but they were failed to take the intellectual leap into understanding what's going on here it's open source money big coin is. what linux was to unix ok that's all you need to know if you don't understand i just said get out of money business stop managing money stop talking about money because you don't know what you're talking about and the fact is it is a safe haven play and as $100.00 trillion dollars worth i don't couch sitting in family office accounts corporate accounts various managed money accounts is over $100.00 trillion just sitting there looking for something to preserve wealth and that something will be increasingly big crime well says she. everyone agrees that with out. there on there i'm getting the standing ovation but

now wherever i go people throw flowers. and they think me profusely now it's a lie question is looking out is that trust me share. mine because gold has always been a safe. even during times where nations are de globalized where they don't trust each other and that is when people turn to gold and now people are bigger institutions and nations turning to big coin but on the individual level where the retail person operates one thing you see over and over and you saw that with you see it with elizabeth warren and what they do is they mention that it's a rigged system big queen and gold are ways to escape that rigging the minute and a system rigged towards a particular participant in that system and it's always the banks in terms of our

financial system and i'm going to turn to have mine that again report has been at the forefront of this since the beginning 10 years ago we started in 2009 and what did we talk about we talked about the precious metals manipulation well it was called the conspiracy theory and people even when anybody in like the u.k. press will write about us and say where conspiracy theorists about precious metals well here's i have mine caitlin long talks about this headline she calls another conspiracy theory that became conspiracy fact merrill lynch caught criminally manipulating precious metals markets on tuesday of last week after the close the c f t c announced that merrill lynch commodities and l. c.i. a global commodities trading business agreed to pay 25 $1000000.00 to resolve the government's investigation into a multi-year scheme by precious metals traders to mislead the market for precious metals futures contracts traded on the comex the announcement was made by assistant

attorney general brian. and the justice department's criminal division and assistant director in charge william f. sweeney jr of the f.b.i.'s new york field office in other words if the maryland commodities group was a normal individual he would be doing the perp walk covered for years now the precious metals markets. is undeniably manipulated by the same people who are printing all the money because they don't want gold to rise up and attract capital while they're trying to pump the fake money called the u.s. dollar now why big coin is important is unlike gold the big coin community can pull their base layer of collateral out during what mayor would call proof of keys and every january 3rd there is a proof of keys event unfortunately in gold and silver no such proof of keys exists any time gold or silver starts to move higher the co max and the people who run the comebacks the people who are members of the comebacks slugged the market with fake

sell orders counterfeit sell orders otherwise known as naked short sales to bang the price down artificially this is been documented over a year it's not really something that folks debate anymore it's irrefutable this is just the latest proof that it's a criminal conspiracy and it will continue it will not end because the regulators and the government officials are part of a or act in the only path forward is through big coin which is hard money but not prone to bend obvious criminal all market manipulation merrill lynch and virtually every other bank on wall street merrill lynch is of course owned by bank of america now this is this fraud went on this criminal fraud

and if it was just an any individual here at this conference doing it they would be in prison charlie shrem for example went to prison for much less than that because this went on from 2008 amidst the financial crisis to 2014 i remember all the central bankers all the treasury secretaries all the heads of state. so we need to stop bashing bankers we need to move forward we need to look forward not back and that there was no way even if it didn't give us sleepless nights we at the justice department that there was no way to possibly know whether or not any of this was illegal but in terms of actual this calling this a conspiracy theory there were people that would say for every buyer there's a seller and there's no way to manipulate the markets and the comix market max who invented the virtual specialist technology which is a market making technology which you know how buys and sells are matched and you

said exactly what this paragraph that i'm going to read here about what they did to manipulate the precious metals market they did so in the now traditional market manipulation way by placing fraudulent orders for precious metals futures contracts that after time the traders place the orders they intended to cancel before execution and doing so the traders intended to prove or manipulate the market by creating a false impression of increased supply 0 or demand and in turn to fraudulently induce other market participants to buy in to sell futures contracts at quantities prices and times that they otherwise likely would not have done so over the relevant period the traders place thousands of fraudulent orders spoofing is one of happened dozen ways to manipulate the price in the futures market let me point out that in the middle of the period in $20.00 levon was crash j.p. morgan by solver we got people around the world to buy sober because we knew j.p. morgan was short solver and if enough people took delivery of solver it would

bankrupt j.p. morgan and put jamie dimon on the street what happened when the price went from 15 to 50 went to this incredible high based on cars a report and press j.p. morgan by silver was that the regulators in the comics allowed for expansion of the counterfeiting. even the extreme that they were allowing up that sign and they bang the market down with hundreds of thousands millions of tons of counterfeit it's nowhere life master says the architect of the silver manipulation ended up leaving j.p. morgan because used to dirty the state the bank of too much of a liability she ended up going to london and starting a big company or a company that has sense basically gone out of business but she was sacrificed the sacrificial lamb and that was the collateral damage of by j.p. morgan crash silver so i mean that difference between these precious metals on these bankers and how they're they they do manipulate the price they do comverse in

chat rooms like telegram groups amongst themselves they openly admit to each other that they're manipulating the price but at least like if you go to an exchange like bt see that has now been closed down by the f.b.i. that was a big change but there's other exchanges now they have introduced the troll box and it sounds like exactly what the troll box used to do is like people be like huge whale coming in and dumping a whole bunch of this like mine and that would cause the markets to crash so it's like trying to transparent but this was that they were. you know these bankers have way more it's asymmetric information that they're they're basically doing this to your pension fund they're scooping pennies from your pension fund every single time they do one of these fraudulent trades they only had to pay $25000000.00 no jail time no mention of them having to hand money back to all these pension funds and other investors that they defrauded you know they defrauded pension funds out of

hundreds of billions of dollars this came in many other schemes let me explain again the difference between markets today and markets is they existed 5060 years ago in the old days markets price discovery that is the price that's reported is the result of buyers and sellers if there's more buyers than sellers the price goes up if there's more sellers than by. price goes down but that doesn't exist today in modern markets and there's no market in the world that's immune from this right now instead of waiting to see how the buyers and sellers are interacting on the floor of an exchange and then reporting that interaction as the discover price big banks like bank of america which owns merrill lynch they get together in a chat room and they decide what price they want the markets to be add tomorrow. and then they fill in the trades to get to that price that's a complete inversion of free market capitalism this is a form of kleptocracy getting tax stock r.c.

that has created a nightmare scenario where the only path out of this mess is through hard money big oil and that's why it's going higher institutions to sniff $100000.00 a client the retail come back and of course they always well we're going to take a break when i come back i'll be talking to somebody i met here at the conference 2019 san francisco with a new product that is intriguing don't go away. trump's impromptu visit to the d.m.z. separating the 2 koreas was unprecedented and historic indeed it was a bold even brilliant decision of course his political opponents particularly the

democrats running for president and the media slammed an orthodox diplomacy is on the side of peace. as we speak large organized. the march to the united states. this is a virtual invasion of our country but so far bigger than anything. you know it's going to fit in. a knife our feel. as you go

through. the i'm all. the. welcome back to the kaiser report m.-x. kaiser time now to turn to randy breach he's an entrepreneur and share at big client 21000 san francisco you know we come to these conferences and one of the thrills i have is meeting new entrepreneurs new products not only for great news to deliver to you but our fund that we manage also looking for investments and we try to push new ideas and seed stage into it randi brito welcome thank you for

having me here ok so 1st of all your venezuela you're in venezuela and you know the question people always hear about the quiet is one of the internet goes down what if it goes on i'm going to do that now people say mesh net as being an answer and you have now a product that is awesome what's the name of it again not chumash. mesh so let me just hold us for a 2nd so this is an antenna. this is a this is a bore to devil and mission and what a device so this is a regular bore that you can you for uses but we are using it to round this so we're open source so what about we have long given how to make and know what. this is and it's open source software it's on and if you're within a certain number of kilometers people with these mesh net nodes can communicate off

the internet you do not need the internet to communicate you do not need the internet to make it coin transactions so this is a complete secession from the internet where no matter where you are it's got to go through a server somewhere and that server could be compromised this solves that problem right yes this is. censorship resistance so he doesn't use the regular internet. you don't need service in 3 g. service or for you know to be able to chat and transect and be and it's completely and on email so we use. hops to help us through then you go to the masses through its destination but it also can send all the lang signal transactions and be going on the line and network that thing fine i gave way to that because network completely censorship resistant completely anonymous completely offline a parallel economy run by a bit coy that nobody can touch obviously venezuela is

a hotspot for monetary shenanigans and problems it's also a big quite hot spot as people turn to hard money like big client and they like the fact that they can preserve their wealth and bit coy and now the authorities will be unable to get in the way of that revolution using the net correct so it was this developed as you know they say necessity is the mother of all invention so is part of why you're going down this path because you're living in a country that is going through a tremendous stress right now i have some of both of ours in my pocket it can hold the other note here 1st you know somebody you know people are giving away these bolu our goal of ours at the event and they're just throwing them around like garbage can so years ago they were throwing around zimbabwe dollars and trillions of dollars and here's a bowl of our mean this is $100.00 bowl of ours is probably worth less than once a toshi that one is even less than that it has

a feisty roll the last number so it's this is your sovereign currency and it's literally bless valuable and toilet paper we've seen it and use it on the history. on that because you can't use it that's. right you can't even use it so this and a broken problem i mean this coming to the u.s. dollar the u.s. dollar is going the way the ball of our money and money is going that way. so when there thing is that how you can continue having people in that country. we've been able to do commerce being able to do trade. rounds infrastructure of communications the electricity that is being collapsing and not only because of a lack of investment in infrastructure but also because of censorship and also because it's sad but that's because they want people to be. on their knees because that's the way they want them so how can people continue trading right now people continually being that country because they are able to use all their. cash on cash

in euro or. they still need to tell their people to bring the problems to the center of the country somehow that they have that be on their hands because you cannot send the bill through the internet or even even through i mentioned we're going to still have to chat with that person what would you do when you are not more allow or if there is not service at all to check in with that person so we who will bring the problem from the coast if you are not able to talk with them and it's going to happen either way even if you do it to the censorship in the country communications and internet or also because the collapse of this infrastructure so that's why we are building them. open source and open where so you can for national go to the vices if you have one and. do b. and know that on the mash so you can you are allowed to charge and sandy can find section even if there is no internet or electricity at all you brain together 2

aspects of such a ship resistance both chatting or communicating as well as commerce which is only available in big plane and completely outside of all the established sense or intermediaries like media companies governments and banks so you really taken a total step backward now let me look at again so you consider yourself to be a software company yes this is a software company but it's over we'll also be. able to make. going to make it easier to use affordable so we are allowed to deploy them invent a turn key. thing in here that is looks like stuff like an order from china for pennies a pop right i mean this is not an expensive unit as it is you can find it on amazon . counties with these planes so it's good for them the ones we are going to sale we are going to be more efficient to carry around so people on their pockets

and carry it around and transacted going when they're just they want to talk privately so they don't do it through go through a server and when anything bad. can be asked by hand over to the company and they need to they need to comply and give the access to it so you know communication that are not in the situation and then mentioned where the communications are increased to from point to point so no one can tell what you are talking or what you are. who are trying to 2nd wave. actually because as you're developing it has a screen and other items which are not necessary correct me if i'm wrong but i believe it you said that a version of this product you could actually. get in under a sticker on your device. would actually just basically cover the unit and it would be more or less invisible you can use if they get sticker on the back of your phone

so when you need it you can connect to a. hotspot or are rolled out but you carried it around he did some he has a battery and 10 hour radio antenna that this is the you have this is a radio antenna this is a smaller one you can put i got to go to the line but this is these one give you like 4 to the interest. area we have really good we are going to be able. to devise which are going to be you to be bigger but he also will give you. and so we will help in their 1st stages when there is no density and. to get to reach it under the senses so why don't we have the blowing this morning it will find. path to his destination even these and there is not enough devices on the 1st base for kilometers in an urban area this works you build longer you get 10 kilometers the cost of this unit for an individual buyer i'm guessing you can get something like

this for 50 or $60.00 right these board you can find on amazon for $20.00 so you can buy it or you are ready if you have for example in venice a lot of their. very own people ship there because they receive these free it's completely paid by the government just for people to to to be able to survive. and so in that situation you have a lot of basic. all of being have a router inside of and and all of them have one of these devices so you can break those devices and have people to having in the house and for their family into an income from mining now it doesn't make any profit that all because of the difficulty on the big. chain so you can reuse that and you can flash them with ourselves and it's going to be a no with the big point of the basics that are not profitable anymore money you can repurpose as a note for those yes and so you can have communications and be content section. you

know it's doing a thought exercise there let's say there's a country and let's say that there censorship laws are very restrictive and let's say there are surveillance is very pervasive if you if someone were to air dropped $10000.00 of these into the country and then they spread out 4 kilometers or 6 floggers from each other that population can effectively say to their government drop dead well they will be able to talk. even if no one wants them to do it i see what happens now what you see now that there are there are near is that not even a mass are working from outside the country into not only companies i receive in the ass i'm asked as the mass is not working even better at work yeah the same being 2 days now without complete blackout on some ask people during a s.m.s. between one it's really bad idea also the s.m.s. into our phone number of people so if you can find people using their now and their

name so these were lets you communicate company encrypted and you don't need an id . that. your best spell the l o h a and it's calling from the 1800s in venezuela start up you have some strategic investors already yes you will do a round of financing at some point so as an entrepreneur you just seems like an awfully big market place that that could be. exploited seems like an awfully attractive opportunity for investors as well as people buying these units and using them on a day to day basis even gotten some good interest from the investor community correct yes we have some pretty fun yeah and so this will be showing up. making the rounds i would imagine the v.c. communities if you talk to many of these i mean here for that they're talking to bases and what are they said one of the vcs here in san francisco what's their

reaction when they like it because not only works for deploying for places like it also where for places like what to rate go to that have been completed it's going to. any other on this cd that have been completed back out on communications because of a hurricane 2 years ago so no one has invested in infrastructure for communications . has brought tears buying 10000 of these to puerto rico and why not yet wait we could do it the wrong. well how the now how can we haven't bought jan 20000 of these 20 bucks a pop did brock fellow brock is very busy just had a kid yeah i have raced up to him he asked me if we are going to incorporate in puerto rico and if you are going to bad we can do it. sounds good but i said being on the kaiser report thank you for having me here my pleasure well that's cardiff this edition of kaiser at par with me back spasms days ever like to thank our guest randy. brito brito of. mass mash

join to catch us on twitter at sky's report and so next time. during the great depression which are old enough to remember there was most of the family were employed. there wasn't it was bit you know much worse objective listen

today but there was an expectation that things were going to get better. there was a real sense of hope. there isn't today to do these america where shaped by the turn principles of concentration of wealth and power. reduced democracy attack solo. engineer elections manufacture consent and other principles according to no i'm told. one set of rules for the rich opposites. that's what happens when you put her into the hands of narrow sector of will which will is dedicated to increasing power for itself just as you'd expect one of the most influential intellectuals of our time speaks about the modern civilization of america.