and going for gold as well as president nicolas maduro is trying to get his hands on the country's precious metal reserves. welcome to d.w. business i'm john el-gamal in berlin thanks for joining us we take you to latin america where argentina is in the grip of an economic crisis high inflation and the devaluation of the puzzle are weighing on consumers purchasing power poverty is rising and small farmers are particularly hard hit this week they vented their anger right outside the presidential palace and when i was iris. they traveled eighty kilometers with tractors and lots of produce to the center of buenos aires. hundreds of argentinean vegetable producers from the surrounding area of the capital including javier front on this. it's a vegetable protest there so vegetables at a fair price or even giving them away to the argentinians who need them. the farmers are angry most of them run family businesses they oppose state aid for large farms and the country's economic crisis has taken a toll on them spiralling inflation is eating up their. profits how the heir can hardly make ends meet on

they'll simply say ok gold is higher than forty four dollars an ounce and so the gold standard is back in the we were saying about this for years and i'm going to take a break when we come back much more coming your way don't go well. breaks it killed joan. when lawmakers manufacture consent to instant of public wealth. when the ruling classes protect themselves. with the financial american. doing all middle of the room signals. to mean real new. world. after the previous stage of my career was over everyone wondered what i was going to do next about different clubs on one hand it is logical to signal from fields where everything is familiar on the other i wanted a new challenge and a fresh perspective i'm used to surprising. or not if you think. i'm going to talk about football not be or else you can think i was going to go. by the way ways of the flying here. desists is a sticker from the water bottle phone in the stomach of a fish the brand is part of the coca-cola company which sells millions of bottles of soda every day the idea was that let's tell consumers there are the bad ones

these other countries have been aggressively buying gold and now we're back on a gold standard i know people won't cover this on c n b c or other news outlets but the gold standard effectively is as of the end of this month is back where the b.a.'s used to not count foreign currency exchange reserves they only counted gold and now they're it looks like yeah we're coming back to that i thought jim rickards will say in the last few moments here but he was saying that you know the u.s. in terms of their debt ceiling debate coming up again because now over twenty one trillion dollars in ten is our gold reserves eight thousand tons are still valued on the books at forty four dollars an ounce obviously it's thirteen hundred dollars an ounce but he's saying like one way to get to avoid this you know the showdown in congress about the debt ceiling is just to revalue it at one hundred dollars an ounce and you know double the ability of your government to borrow money that's what they'll do to reduce debt percentage to g.d.p. they'll simply say ok gold is higher than forty four dollars an ounce

dollars worth of gold which is them backed by thirty five dollars thirty five dollars per ounce of gold that the united kingdom wanted for their trade deficit it's also important to note that we've been talking about warren buffett in its annual letter and all his earnings reports you know he's he's down big time twenty five billion in the last year it's also important to note that he says he keeps on pointing to nine hundred forty two is when he hit the first time he bought shares in that how great it is and he's done wonderful and why can't we all do wonderful like i have dodd but we're right in seventy one is the gold standard is severed and u.s. is no longer a gold backer scene and anyway right becomes purely if money currency and the world becomes financial in a way that saudi arabia is opec defied other words you know an opec they don't need workers they don't need taxes they just pump oil when ever they need to increase the wealth of the princes so in the u.s. after nine hundred seventy one workers were not required it was just a matter of printing more money so you had the rise

he's been a runner up cheltenham gold cup.ival history, and he's finally done it. he did it with a horse that not many people expected, al boum photo, 12—1, one of four horses he had in the race. written by paul tolerant, who's been with willie mullins since he was a young lad, and also do not make a wonderful result for them. the second when —— second place went went to... last yea r‘s second place went went to... last year's win, native river, came in fourth place. it was a bit bittersweet for willie mullins, because one of its other horses actually died in the race, had a fatal injury. so for him, he's going home back to ireland with one horse lasts. and this is a dangerous sports democrats port. bittersweet for willie mullins, but a dangerous sport. they are trying everything they can to make this sport safer, three horses have lost their lives at this festival, seven lost their lives and last year's festival. they are doing better and working really ha rd to are doing better and working really hard to try to improve the s

at least eight tons of gold are missing from the central bank's vaults in caracas allegedly removed on president nicolas maduro orders that sort of position leader and head of arado says. it was taken without the internal bank procedures without the presence of fiscal organizations without the presence of internal security organizations of the bank and without the corresponding controls. and even by vehicle said a word from the central bank but private or identified vehicles that aren't armored and the destination is also irregular it is unknown. transports apparently happened at a time when central bank head calista ortega was abroad on a trip and no security guards were present much of the venezuelan gold comes from primitive gold mining camps in the south of the country it's not the first time large amounts have left venezuela under suspicious circumstances last year twenty three tons of mind gold were transported to istanbul by plane according to turkish government data nicolas maduro is said to have a close relationship to that ship type arrow on it is unclear whether the gold was

their country's medal tally to 11, six of them gold. part of the dutch team that won team sprint gold as well. australia's alexandra manly won the women's points race racking up enough despite not being first across the line on the final lap. she came home ahead of ireland's lydia boylan and kirsten wild of the netherlands. australia finished second in the medal standings — 10 in total with six golds. the first pga victory for the american. mitchell was tied second. fowler and birdied the last. england's women will be looking to bounce back from defeat in their one day international series against india when attention turns to the t20 series in the coming hours. and with the world cup in the shortest form of the game just a year away, the skipper says it's important for her team to start to build some form. but do not think it changes too much. we have had a lot of success in both formats but it gives us a chance to really have the freedom. we have some exciting talent and it isa we have some exciting talent and it is a chance to let th

gold in big and small amounts.recious metal is not in the hills, but rather held in london vaults, where there is of course a fee to transport it. taking delivery of the gold is not a taxable event, because investors would be taking possession of what they already own. ounz has an expense ratio of 40 basis points and has amassed $150 million in assets. since launching in 2014, ounz has tracked very closely with the price of gold. the fund gets a green light in bloomberg intelligence's traffic light system with a note for its alternative tax treatment. and that does it for "bloomberg etf iq." be sure to catch us each wednesday at 1:00 p.m. new york time, 6:00 p.m. in london. from new york, this is bloomberg. ♪ david: you get a call from a steve jobs. tim: there was a sparkle in his eye that i'd never seen in a ceo before. david: did your friends tell you this was not a good idea? tim: they thought i was nuts. david: warren buffett still uses that old flip phone. tim: i told him i will personally, out -- personally c

i never see recognized is the only piece that's really solid gold. doesn't.it consists of several gold rods twisted together and we had the most beautiful object in the entire ensemble. a kind of a brooch used as a class for an outer garment that might have. the backing from franconian court attire this round fibula was used in their clothing. and that's what i've been the scandinavians originally had two oval fibula or didn't. then we have these pendants they have proper loops so you can hang them on a chain as if you have none of the can mcguffin and you'll be sure this treasure is in one piece or could there still be some gold buried in the sand and hidden in the . board with a stick to the devil for the money that you still hoped we might find another piece if you look at the pendant you can see they're not all identical as this is in a different similar but they're so skillfully crafted that it's very into zine i think about the yen when they're mcguffin also if you assume they have been symmetrically arranged on a chain it's like two or more pieces are

these government issued gold coins are official u.s. legal tender, made from solid gold mined here inrica and fully backed by the united states government for their gold weight, purity, and content. do not delay, call now to purchase your gold american eagles for the amazing price shown on your screen. gold is now on sale at prices unseen in years and this year could be one of the greatest gold buying opportunities of all time. call now while vault inventory remains. as one of the largest u.s. gold coin distributors in the country, the u.s. money reserve has proudly served hundreds of thousands of clients worldwide. don't wait another minute, call now to purchase your american eagle coins at cost, for the amazing price shown on your screen. >>> the year end numbers are in and sales of newly built homes came in just slightly higher than 2017. big question marks with the year's spring market just starting diana olick is here to drill down on the datd fa for us what are you seeing? >> mortgage rates. sales down 2% annually in december and november's read revised down significantly why? b

so good to see you. >> go, gold! liz: he always says. he's your gold guy. have it, the closing bell ringing on this friday. dow jones industrials do end with a nice gain of 129 points. s&p up 13. the nasdaq up 55 on this quadruple witching friday. that will do it for "countdown." it's time for "after the bell." >>> boeing leading the turnaround on wall street. all three major averages ending in the green. happy st. patrick's day, right? extending gains for the week as well. nice gains for the week, after reports that boeing will roll out a software update for its 737 max jets much sooner than expected. we will take a look. the dow up 137 points. i'm lauren simonetti in for melissa francis. connell: i'm connell mcshane. welcome to "after the bell." nice st. patrick's day reference. lauren: i like the green tie. mcshane. connell: i like that. s&p up today by 14 points, half a percent. the nasdaq, all the tech stocks have done very well, ending the

wanted to know what one of the pieces was worth as it looked a bit like gold.and the goldsmith fetched who was the museum's first ever director that would buy a wood because he immediately knew it had been made by vikings more and more at peace. as mysteriously came to light so the museum director went to hidden say bargained with the fisherman and managed to acquire sixteen of these amazing pieces of jewelry for this museum shaft sifton tight it is a toy and smokes yeah investors do you know what everything is someone i can tell that's a necklace but with the rest you'll have to help me buy them best wasn't enough to win yeah that would occur and then early see recognized is the only piece that's really solid gold. it consists of several gold rods twisted together and we had the most beautiful object in the entire ensemble. accountable roach used as a class for an outer garment that might have. the backing from franconia and quarter tire this round fibula was used in their clothing. and that's what i've been the scandinavians originally had two oval fibula or

welcome back to the kaiser report i'm ask eyes are time now to go doused her macleod of gold money dot com as allah's full disclosure i have an investment in gold money and you know allister we turn to you for the macro picture the big picture the big geo political macro view of things welcome back it's very nice feedback thanks next aready let's start with mary draggy he recently said that negative interest rates in europe have quote worked quite well your response well i don't think so cool i mean a tax on those it's just doesn't make any sense i think basically he's got a problem unless it is he's got no other country just printing money. trying to make money look as cheap as possible to get into negative interest rates trying to do everything to stimulate the economy and it doesn't work because all that happens is the money just ends up in the financial sector it ends up going to finance government debt it doesn't do anything to the underlying economy and of course meanwhile the you know the euro as in you wound up being diluted the upside so there's a transfer wealth if you like f

a few months ago barrick combined with cramer gave ran gold to create the new barrick gold ran by the ceo, mark bristow. then in first two weeks of the new year we learned that newmont was acquiring gold corps and then we got a new twist. the barrick gold led by bristow made a competing bid for newmont. and just when seemed that barrick was left for dead, goldberg and bristow met in new york city two days ago to bust up the gold corp deal and let barrick buy newmont. it is very confusing, so i was thrilled to get some clarity with mark bristow, ceo of barrick gold earlier today take a look. mark, a lot has happened since i have seen you last you have done a big deal one i applaud. it's terrific. and you're doing another deal now or -- isn't it time to call what you have, take a look and think you know what, this deal alone is enough and you don't -- you don't have to go after newmont right now. >> so how is it, jim, how are you doing? >> i come right to the chase this is getting too nasty. we have to drill down. >> this is about shareholder value, jim we're engaged in the constructive

and bitcoin will go up as a result the more you burn the greater it is on a net basis for your gold and bitcoin why my add that bankers are doing a far far far far far far better job than this guy he's merely burned seventy thousand pounds bankers earn to seventy trillion dollars in the last global financial crisis and this is part of the ongoing situation we have is that they've burned so many trillions of dollars that the central banks have to print up another seventy trillion dollars to make good for all the stuff that got burned in you know bogus derivatives products and various fraudulent packages of fake debt so here we have a situation where he's just merely reflecting the larger society around him another great quote the british you know officialdom always do these great quotes he's a very naughty boy right well glenn wicks the chief investigator for the insolvency service said even those bird could have paid the thirty thousand pounds debt owed to the insolvency practitioners however his hatred towards them sense of injustice was his motive which. ultimately it led to his d

these government issued gold coins are official u.s. legal tender, made from solid gold mined here in and fully backed by the united states government for their gold weight, purity, and content. do not delay, call now to purchase your gold american eagles for the amazing price shown on your screen. gold is now on sale at prices unseen in years and this year could be one of the greatest gold buying opportunities of all time. call now while vault inventory remains. as one of the largest u.s. gold coin distributors in the country, the u.s. money reserve has proudly served hundreds of thousands of clients worldwide. don't wait another minute, call now to purchase your american eagle coins at cost, for the amazing price shown on your screen. ♪ ♪ >>> it is time -- it is time for the lightning round. [ indiscernible >> and then the lightning round is over. are you ready, skee-daddy? it's time for the lightning call let's go to nicole in illinois nicole >> hi, jim how are you? >> i'm good. how are you? >> i'm well. my dad got me into trading the stock market. >> thank you >> okay. and i am in

i enjoy buying gold, gold has protected me. i always think and i laugh about it, 'cause when i'm sleeping, my gold is working for me. it's still making money. i feel comfortable. when i got involved with gold and it's something i could physically touch. that i could hold. and it was, no one could take it away from me. i have it, and i have it secured. - [narrator] us money reserve is the only precious metals company led by a former director of the united states mint, and as one of the largest us gold coin distributors in the country, us money reserve has proudly served hundreds of thousands of clients worldwide. there may have never been a better time to start diversifying your assets with physical gold and silver. it's easy to get started. just pick up the phone and coll toll-free to request the complete guide to buying gold. it takes one phone call to get started. don't put it off another day. - of all my years involvement with buying gold, it's only gotten better in my faith in the company. us money reserve. that's the compa

these government issued gold coins are official u.s. legal tender, made from solid gold mined here in, and fully backed by the united states government for their gold weight, purity and content. do not delay. call now to purchase your gold american eagles for the amazing price on the screen. gold is now on sale at prices unseen in years. and this year could be one of the greatest gold buying opportunities of all time. call now while vault inventory remains. as one of the largest u.s. gold coin distributors in the country, the u.s. money reserve has proudly served hundreds of thousands of clients worldwide. don't wait another minute. call now to purchase your american eagle coins at cost for the amazing price on screen now. charles: senior u.s. officials heading to beijing to meet with chinese officials for more high level trade negotiations. u.s. trade representative robert lighthizer says, he is hoping the two sides can come to an agreement. perhaps feeding that hope are plans by top chinese negotiator, their top chinese negotiator to also travel to the united states in the following

and go into debt it must be backed by their currency must be backed by gold and silver so they don't bankrupt their citizens or residents of the other states of the united states so here we have a situation exactly what was warned about in the constitution if we have these people allowed to rack up as much debt as possible and we are on the hook for it that's like got take a break when we come back much more. to the minute mark the money on the floor of the one bloomfield never done well so it doesn't. load up. just as. she was even. more if you are in this room. jungle. book you go to the british courts that's one of them really. i mean you got. to take. the ripping up of the mall or investigation may have. leader of the american president of treason and collusion but it has not got rid of critics' determination to get rid of him is the american system capable of anything but settling ideological scores. my mum planet. earth. welcome back to the kaiser report i'm ask eyes are time now to go doused her macleod of gold money dot com as always full disclosure i have an investment in go

and i want to talk about gold and palladium here for a moment so give us your take on gold and also play to him because palladium is a record record high for palladium you know you know if you look at precious metals i'm a little dumbfounded in the fact that they are soaring right now i mean they are doing very well compared to what they're doing in two thousand and fifteen but max when you have global central banks don't forget he's seen be threatened to raise interest rates in the summer a year ago now where are. they going to another third round of t l g r o ok so are targeted long term refinancing operation now the bank of japan which owns almost fifty percent of their it's higher equity market never even threatened to be able to raise interest rates or even stop. so you know if you look if you live in a world where nominal interest rates are around zero or even below in most major center backs and profoundly negative and will be coming even more negative over time then how could you not buy gold physical gold take it in your possession at least ten percent of your portfolio at

but the gold and silver, harry wenning, that meant they had the gold come at the sprint, utterly dominantbar, australia, certainly up there as well. finishing at that place in the metal table for britain. should be lower oui’ table for britain. should be lower our expectations when it comes the next yea r‘s our expectations when it comes the next year's 0lympics could yell at the bar has been raised, no doubt, but and will be looking to see how they can possibly improve, but they have shown time and time again that they can break the very best, displays, equipment, everything when it comes to the games but that that ta kes it comes to the games but that that takes nothing away from the australians and the dutch who outstanding here. at the end of the day, we still want to be well champions is that they are not setting up thinking that they are happy with second or third, they are wanting to when. it was remarkable, and normally, went wild records are broken, they usually with south factors, but the fact is here where average. we thought that was a great start and moment, but that was the

it consists of several gold rods twisted to.other than we had the most beautiful object in the entire ensemble. a kind of approach used as a class for an outer garment that might have moments when. the backing from franconian court attire this round fibula was used in their clothing is a. lot of in the scandinavians originally had to be lame or didn't. die and then we have these pendants they have proper legs so you can hang them on a chain as if you had none of the can mcguffin and you be sure this treasure is in one piece or could there still be some gold buried in the sand and hidden in the. board with a stick to the death of them and we still hope we might find another piece if you look at the pendant you can see they're not all identical differently similar but they're so skillfully crafted that i'm very into zein i think about the yen with them and often also if you assume they have been symmetrically arranged on a chain two or more pieces are definitely missing after their life maybe someone from hidden say it's one of th