the right answer. question. because you're this is the guy's report we are going to maintain their san francisco great event put on by a big going magazine a lot of great speakers lot of great talk about that going as it's 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 law 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 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 coin but 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 $100.00 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 becoming a 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 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 but if they follow because a reporter closely they would all be retired by now on their $1000000000.00 private

islands and would 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. 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 kow sitting in family office accounts corporate accounts various managed money accounts is over 100 trillion just sitting there looking for something to preserve wealth and that something will be increasingly big crime well says she. i mean everyone agrees. they're on their feet i'm getting the standing ovation but

now wherever i go people throw flowers. and they think me profusely now but still i question is looking out is that trust let 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 might be turning to big point but on the individual level where their 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. 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. to see announced that merrill lynch commodities m l c.i. a global commodities trading business agreed to pay $25000000.00 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 comics 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 as they have 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 trace 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 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 and 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 sram 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. 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 spoof or manipulate the market by creating a false impression of increased supply or demand and in turn to fraudulently induce other market participants to buy and 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 half a dozen ways to manipulate the price in the futures market let me point out that in the middle of the period and $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 buy 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 masters is the architect of the silver manipulation ended up leaving j.p. morgan because used to dirty to stay at 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 a sacrificial lamb and that was the collateral damage of j.p. morgan crash over so i mean a 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 that is 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 like 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 have 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 stock r.c. that has created a nightmare scenario where the only path out of this mess is through hard

money. and that's why it's going higher institutions dallas sniff $100000.00 a client 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 21 st san francisco where the new product that is intriguing don't go away. join me everything on the alex salmond chill and i'll be speaking to guess what the world of politics business i'm show business. this is a stick

a little phone in the stomach of the fish the brand is sponsor of the coca-cola company which zooms millions of bottles of soda every day the idea was that let's tell consumers there are the bad ones there's a litter box for throwing this away. the company has promised to reuse the plastic. now. only grow. 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 the seed stage into it randy 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 because it is one of the internet goes down what if it goes down 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 mentioned one 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 national 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 5 service a service or for you know to be able to chat and transect and be and it's completely and an e-mail so we use. hops to help us to then you go to the masses

through its destination but it also can send off 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 a net correct so it was this developed as you know they say necessity is the mother of all invention so we're really 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 bholu our goal of ours at the event and they're just throwing them around like garbage because you years ago they were throwing around zimbabwe dollars and trillions of dollars 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 role the last number so it's this is your sovereign currency and it's literally blessed valuable and toilet paper we've seen it and use it on the history . of paper because you can't use it that. you can't even use it so this is a broken problem in 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 the thing is that how you can continue having people in that country we've been able to do commerce being able to do trades. rounds infrastructure off 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 and they have 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 us but 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 a 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 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 all 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 printed. a software company yes this is a software company but it's over we'll also be able to make the hardware going to make it easier to use affordable so we are allowed to to deploy them invent a turn key. thing and here it is this looks like stuff like an order

from china for pennies a pop right i mean this is not an expensive unit is that it is you can find it on amazon. these play so it's good for them the ones we are going to sale we're going to be more efficient to carry around so people on their pockets and carry it around and transact and be going when they're just they want to talk privately so they don't do it through that go through our server and when anything bad. can be asked to the company and they need to they need to comply and give the access to it so you know communication that are not private in this 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 transacting when you would you 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 some when you need it you can connect to a. hotspot there are but you can read around here 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 a lot of this is these one give you like 4 to the interest. area we have really good we are going to be able. to divide. going to be a need to be bigger but he also will give you like 10 to mentors this time so he will help in their 1st stages when there is not density enough. to get to reach it under the senses so why don't we you have the blowing it will find our 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 cost of this unit for an individual buyer i'm guessing you can get something like this for 50 or 60 bucks right these board you can find on amazon for $20.00 so you can buy it or you are ready if you have simply there. is very old people ship there because the electricity is free it's completely paid by the government just for people to to. be able to survive. and so in that situation you have a lot of basic. all of being have to be sad event and all of them have one of these devices so you can break those devices and have people having their houses for their family to to an income from mining now it doesn't make any profit that all

because of the difficulty on the. chain so you can reuse that and you can flash them with howard so what i mean is going to be i know one of the big point of the basics that are not profitable any more money you can repurpose as a note for those yes and so you can have communications and be content section. of 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 if someone were to air dropped 10000 of these into the country and then they spread out 4 kilometers or 6 floggers from each other that population can effectively. and 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 the mass are working from outside the country into not only companies that are

receiving their some asked the masses not working even better at work yeah this had been like 2 days now without complete blackout on c s a mask so people doing like s.m.s. between wallets that's a really bad idea also 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. law is your best spell that l o l c h a and it's calling from the 1800s in minnesota start out 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 like 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'm here for that they're talking to the cities and what are they said one of the vcs here and 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 have been completed it's going to. any other all this city and 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 terrorist. 10000 of these to puerto rico and why not yet wait we could do it wrong to have a now we haven't bought 102-0000 of these 20 bucks a pop to. brock hello brock is very busy just a kid yeah i have raced up to him he asked me what we are going to incorporate in

what are you going to say if you are going to bad we can do it. sounds good well thanks for being on the kaiser report thank you for having me here my pleasure well that's going to do it for this edition of kaiser and for with me back skies are stationed over like to thank our guest randy brito britto of. mash do you want to catch us on twitter it's guys report and so next time. you know what i i don't want to talk to

a crime in this news agency forgive me you'll have to find someone to. go with the trying to stay with this one stick. of the clinton good to see which is just like the jews 3 is exactly when my father. die. so i need you in this day week. i mean yes you don't see him through the bush.

i think. it's an indication of how. we are definitely winning it because we have the people they have people in power we are in the. business challenging orthodoxies it is called the quincy institute for responsible state this is not an ordinary think it is funded by charles koch and among others

talk about strange bedfellows in these establishment billionaires the foreign policy. and italian prime minister. with the state of a. public backlash against one of the. british prime minister for an. opposition labor party needs. even atrocities. a crime wave and creating a. swimming pool.