imax is a similar thing. fixed cost of content and the more theaters to open, bigger earning potential. growing between 100-130 per year the last several years. what investors look for is it to continue. when we signed an agreement, it helps investors get comfortable the growth cycle will continue. liz: 30 of them are in china. china loves imax screens. people were scalping them for some $90 apiece. they have a growing midd to pay the ticket price. >> the average ticket price depending on the city is between 13-$16 that is consistent with what ticket prices are in the highest marks around the world. @hat is going on in china is affordable luxuries is something people are willing to pay up for. a few extra dollars equivalent, you get something you couldn't otherwise get, that hits the sweet spot. liz: you've gotten deals there will be chinese content. last year 10 feature films. not just stuff with the lone ranger or doing well in other countries but that brings me to this question, these summer blockbusters h

go see this in imax 3d or in theaters.y: you use the battleship -- the battleship is a sword! >> it's like a rat stick. for bashing rats! >> jimmy: charlie day. "pacific rim" opens in imax 3d and theaters everywhere this friday. we're cooking with chef april bloomfield when we return. stick around, everybody. come on back. ♪ ♪ [ cheers and applause ] >> jimmy: our next guest is such a talented chef. we love her. her new cookbook is "a girl and her pig." it's not a children's book. it is a beautiful, great cookbook with awesome recipes and fun stories in here. you can also catch her this fall on "the mind of a chef." this is a great show on pbs. please welcome chef april bloomfield right there. ♪ [ cheers and applause ] >> jimmy: first of all, april, what are we drinking? >> okay, i made you a fantastic drink. it's a moscow mule. and it's one of my favorites. >> jimmy: i can't wait to drink it. [ laughter ] >> what i did was i froze some ginger beer. >> jimmy: yeah, of course. >> i put extra vodka in yours. >> jimmy: oh, pe

if china is slowing down, don't tell imax.is expanding in china and south korea coming up and the seventh anniversary of twitter being launched to the public. we want to you tweet us. how will it have changed the world seven years from now? we'll get the responses next. are you sure we should take this billboard down? people find out state farm does car loans as well as they do insurance, our bank is through. good point. grab an edge. look there's two guys on the state farm borrow better banking sign. nope for real there's two dudes on the state farm borrow better banking sign. [ reporter ] breaking news from the state farm borrow better banking sign... we're seeing two men that have climbed the borrow better banking sign gentlemen please get down from the state farm borrow better banking sign. phil get the hose. okay he's getting the hose. alright, let's go. [ male announcer ] talk to a state farm agent about car loans that can save you hundreds. that's borrowing better. peace of mind is important when so we provide it servic

welcome to the kaiser report imax guys are there but for the grace of bad english goes the japanese banking system so said the also in charge of japan's finance ministry he said that and i paraphrase japan's banks emerged from the global credit crime crisis largely on skase because managers would not speak english well enough to understand the complex bogus to rid of contracts that these cancers from wall street had successfully pushed on other suckers from around the world yes what don't look for the japanese banks to have avoided jamie diamond's interest rate swaps only to buy a boatload of japanese government bonds oh stacie. that's the yes so here we're going to introduce this first headline poor english saved japan's banks from crisis this is from tara. the finance minister and he says many people fell prey to the dubious products or so-called subprime loans japanese banks were not so much attracted to these products compared with european banks mr also told a seminar in tokyo managers of japanese banks hardly understood english that's why they didn't buy he said. well i can understand

i want to see a movie in 3-d on imax. i think that stock is extraordinary. the technology is very good. it's expensive stock but i see it up 45% in a year. >> john, bull or bear? >> love imax, i think the stock is tms pensive. bear. >>kay. and what do you like? >> the migration to mobile away from pcs hurt google and facebook, buy mobile. verizon up 20% in a year. >> stephane, bull or bear? >> it's a good premise. i don'tike this stock very much. >> a bear. jonas, your prediction? >> operation prism is a go again. the government is re-tapping my phone for a few more weeks and months. therefore, smale nail is the safe way to go, especially if you use invisible ink, stamps.com, an oxymoron. >> gary, bull orbear? >> my jonas impression, bear. >> okay. >> tracy, your prediction. >> survey recently taken says that people plan to spend less on back-to-school shopping this year. that's not a good sign for the economy. that is basically the bulk of retail sales. >> oh, my god, i just spent $400 for my kids' freshman yearbooks. >> no. >> "cavuto on business" xt. >>>

welcome to the kaiser report imax kaiser the u.k.'s business secretary vince cable as compared the bank of england to the taliban and to the hottest vince made this comparison not because of their reckless quantitative easing nor because of their overlooking bank fraud in infinite radio propagation that is to say because they are indeed terrorists now vince cable is saying that the bank of england are jihadi he's for insisting banks have minimum capital reserves. as i've said for years the bank of england are indeed like the taliban but only because they provided the safe haven for the of banking fraud is trapped on the debt pact suicide vests and blew up the entire frickin economy. and that same taliban central bank is now papering over the bloody aftermath with little pieces of digital paper that explain more we turn to stacey or when max first of all i did look at jihad and i'm sure the n.s.a. knows i looked it up on google and the definition provided by google was that it's a war of struggle against unbelievers so this is importan

welcome to the kaiser report imax kaiser puffery is a legal term that refers to promotional statements and claims that express subjective rather than object of views and so no reasonable person would take these statements literally and the united states the federal trade commission generally will not pursue such cases involving obviously exaggerated or puffing representations an example of such puffery the finest fried chicken in the world for example or from the world of politics i think i'm a pretty straight up sort of guy from banking. your money is safe with us from an auditor we didn't see anything wrong here or finally from a rating agency this aaa to explain more on this we go to stacy herbert so you see well max one of these rating agencies of course is s. and p. standards and poor and the s. and p. reasons puffery defense against us ratings case the u.s. sued new york based s. and p. on february fourth alleging its credit ratings for residential mortgage backed securities and collateralized debt obligations that included those securities contrary to what company told investors

welcome to the kaiser report imax kaiser the bond apocalypse is upon us a new world order of ever rising interest rates will make leverage speculation and decadence thing of the past is your retirement plan to flip your house to some greater fool forget about it want to lock up your neighbor for the rest of his natural life because he dare do something in private to which you object forget about it have the sudden urge to send the troops to invade some oil rich nation you've never heard about until yesterday. forget above the inferred just about the thirty years of dumb luck and declining interest rates in which even a monkey could make a thing killing but burrowing speculating it's all over you can just forget about it station or max yes well it just got a little bit more expensive to be stupid unprecedented eighty billion dollars pulled from bond funds a record amount of money poured out of exchange traded in mutual bond funds in june according to a fresh report by trim tabs nearly double the amount pulled out of bond funds at the height of the financial crisis in october two thousand

welcome to the kaiser report imax keyser the bond apocalypse is upon us a new world order of ever rising interest rates will make leverage speculation and decadence thing of the past is your retirement plan to flip your house to some greater fool forget about it want to lock up your neighbor for the rest of his natural life because he dare do something in private to which you object forget about it have the sudden urge to send the troops to invade some oil rich nation you've never heard about until yesterday. forget a budget in fact just about the past thirty years of dumb luck and declining interest rates in which even a monkey could make a thing killing boeing speculating its all over you can just forget about it station or max yes well it just got a little bit more expensive to be stupid unprecedented eighty billion dollars pulled from bond funds a record amount of money poured out of exchange traded in mutual bond funds in june according to a fresh report by trim tabs nearly double the amount pulled out of bond funds at the height of the financial crisis in october two thousand and e

welcome to the is the report imax guys are you know before the two thousand and four indian ocean tsunami all creatures with a basic instinct or a sixth sense able to read the environment in which they lived long fled elephants screamed and ran for high ground monkeys hollered and climbed the trees dogs refused to join their owners for the morning swim humans on the other hand ran out into the receding sea to take photographs of the unusual event having no fricken common sense whatsoever about what was about to happen to them today we have the same sorry tale to tell the interest rate is receding and the tsunami of bad debt is about to fall upon us and yet most market creatures appear to have no instinct for survival only a few will survive the debt tsunami. we need stacy herbert to break this down explain it more to us stacy herbert yes max the equivalent of a nine point one magnitude earthquake has struck in the debt markets somewhere and we see the signs of the receding tide. is the tsunami about to hit yes i think so the debt reckoning has arrived total debt owed now approaches sixty

welcome back to the kaiser report imax guys are time now to target paul somervell the c.e.o. of somerville advisory market welcome to the kaiser report imax all right paul some of the well let's talk about hash tag angle which is sweeping twitter now first we've got a major reveal coming because you've done some investigative work on this but first let's remind the audience of the story thus far sure it's supposed to start off with that the story about a bank it's not a story by one rogue bank it's basically the story of cronyism in art and so what we need to say is that i bank lost a lot of money through the property crash we all know that so did many of the other banks one thing that before we start would be that the irish economy was very fragile no matter about these losses in the banks so they lost by thirty billion so far other banks lost another thirty four billion so the total around sixty four billion for the irish banks you know is a very small economy so that it's a huge numbers forty five percent of g.d.p. right when you mention crony capitalism of course what you

welcome to the because the report imax kaiser according to the dictionary carney as in mark carney can mean to coax or or act in a wheedling manner now i know you are thinking that sure sounds a whole lot like the definition of a pole dancer and you could indeed be a mark carney the new head of the bank of england as a sort of pole dancer enticing you to take with cash remains in your pocket and stuff it in the collective g.-string of the banking system only in this case what that g.-string wearing financial system flashes back to you in exchange for your hard earned cash is a be don't be believe bottomed and toxic capital market that let's face it isn't really all that appealing to look at know best you close your eyes. stacey. yes max you know mark kearney we gave him two days before we started talking about him because he started this week at the bank of england and of course the reason why he was brought in is not only because mervyn king was leaving but the sense is that he's going to rescue the financial system that collapsed along with the lehman brothers back in two thousand an

you are shares of imax. >> every kid that wants to see a 3-d movie they want to go to imax, the greatestl-time. everybody loves the imax theaters. they continue to expand and do well. let's look at the stock right now which is up four 1/2% on news they are expanding over in asia in particular. 30 more screens in china and another five in south korea which obviously builds their standing there. it has continued to release foreign language films, 3-d films and the stock year-to-date is a winner up 16%. back to you. dennis: thank you very much, nicole. orange is the new black but also the new green. netflix's latest original show creating a lot of buzz but can it lure new subscribers and further boost netflix shares? we're joined by s&p capital iq analyst, tuna amobi. and richard tolow to give us the skinny where netflix goes from here. thank you for being with us, gentlemen. you could not be more divided. tuna, you have a price target of the stock of $225. richard you have a $80. tuna, make the bullish case. >> you see the stock go past our target price. the netflix is third or half of the

looks like a really big rocket. ...to imax and outer space. oh no! i feel like this is going to be bye-bye! (both scream) that's me, elizabeth. and today my friends, jimmy bennett and rob pinkston and i are taking an all-access tour of the california science center to meet shuttle endeavour and hang out with the fishes. elizabeth: that's my new boyfriend. trust me, this place is exciting and i can't wait to show it to you. so, come on, we've got so much to see.

it's mainly due to surcharges tacked on by 3d and imax films. oddly enough, with inflation adjustments, movie tickets are actually less than 40 years ago. mayor bloomberg's plan to ban jumbo sodas in new york has fallen flat. a state court upheld a march decision that the ruling is unconstitutional. mayor michael bloomberg had issued the ban to cut down on retailers like 7/11 selling super-sized drinks. bloomberg says he intends to appeal the ruling. still to come, a trader play as facebook creeps back towards its ipo price. plus, why netflix is in focus on comcast's earnings day. but first, a rivet-ing tale of how americans are stepping up to save a piece of history. first business continues after this. ♪ ♪ ♪ ♪ ♪ retired city workers in detroit are still fighting to protect their pensions in the chapter 9 bankruptcy process. pension funds in the motor city reportedly are underfunded in an estimated range of $700 million to $3.5 billion. bloomberg news reports part of the losses are from bad bets on real estate. city officials convinced the fund

because the report imax guys are you know before the two thousand and four indian ocean tsunami all creatures of the basic instinct or a sixth sense.

welcome to the kaiser report imax keyser the bond apocalypse is upon us a new world order of ever rising interest rates will make leverage speculation and decadence thing of the past is your retirement plan to flip your house to some greater fool forget about it want to lock up your neighbor for the rest of his natural life because he dare do something in private to which you object forget about it have the sudden urge to send the troops to invade some oil rich nation you've never heard about until yesterday forget about it in fact just about the past thirty years of don't look and declining interest rates in which even a monkey could make a thing killing by borrowing speculating it's all over or you can just forget about it stay here max yes well it's just got a little bit more expensive to be stupid unprecedented eighty billion dollars pulled from bond funds a record amount of money poured out of exchange traded in mutual bond funds in june according to a fresh report by trim tabs nearly double the amount pulled out of bond funds at the height of the financial crisis in october two tho

welcome to the kaiser report imax kaiser proffering is a legal term that refers to promotional statements and claims that express objective rather than object of views and so no reasonable person would take these statements literally and the united states the federal trade commission generally will not pursue such cases involving obviously exaggerated or popping representations and example of such puffery the finest fried chicken in the world for example or from the world of politics i think i'm a pretty straight up sort of guy from banking. your money is safe with us from an auditor we didn't see anything wrong here or finally from a rating agency this triple a to explain more on this we go to stacy herbert so you see well max one of these rating agencies of course is s. and p. standards and poor and the s. and p. reasons puffery defense against us ratings case the u.s. sued new york based s. and p. on february fourth alleging its credit ratings for residential mortgage backed securities and collateralized debt obligations that included those securities contrary to what company told inve

welcome to the kaiser report imax guys are there but for the grace of bad english goes the japanese banking system so said the also in charge of japan's finance ministry he said that and i paraphrase japan's banks emerge from the global credit crime crisis largely on the scales because managers did not speak english well enough to understand the complex bogus to read of contracts that these cancers from wall street as successful.

welcome back to the kaiser report imax guys are time now to head over to athens and speak with economist yanis yaro factis yanis welcome back to the kaiser report. thank you max it's a pleasure all right yet as greece has just met with the troika seeking the next tranche of ballot funds what is the latest unfortunately we're going to get them like we've been getting them out for you that have you. there is that there is a charade being formed here as you know marks every month or every second month that comes here pretending to be harsh of the government or the government tending to be bargaining with the troika but in reality this is. just they're just playing out a script the goods of which is to ensure. that public debt takes on private debts and do all of the crisis is abusive to go to the shows taxpayers and then they may decide what to do about this but whatever they do it's not going to end well. let me ask you a question because what you're describing there is. an engineering wealth confiscation scheme and we've got two other examples of something going on similar in cyprus obvio

welcome to the kaiser report imax guys are there but for the grace of bad english goes the japanese banking system so said the also in charge of japan's finance ministry he said that and i paraphrase japan's banks emerged from the global credit crime crisis largely on skase because managers did not speak english well enough to understand the complex bogus to rid of contracts that these dancers from wall street had successfully pushed on other suckers from around the world yes what don't look for the japanese banks to have avoided jamie diamond's interest rate swaps only to buy a boatload of japanese government bonds oh. that's the u.s. so here we're going to introduce this first headline poor english saved japan's banks from crisis this is from. the finance minister and he says many people fell prey to the dubious products or so called subprime loans japanese banks were not so much attracted to these products compared with european banks mr also told a seminar in tokyo managers of japanese banks hardly understood english that's why they didn't buy he said. well i can understand where he's c

welcome to the kaiser report imax kaiser the bond apocalypse is upon us a new world order of ever rising interest rates will make leverage speculation and decadence thing of the past is your retirement plan to flip your house to some greater fool forget about it want to lock up your neighbor for the rest of his natural life because he did do something in private to which you object to get about. how the sudden urge the senate serves to invade some oil rich nation you've never heard about until yesterday forget about it in just about the past thirty years.

all right welcome back to the kaiser report imax guys are time now to turn to sandy daily have to get the research back sandeep welcome back thanks as report things are happening to hopping in the gold market the the trend of backward it which is. something you rarely see really in markets but is it is being exacerbated so talk a little bit about and i understand the london berlin market association is now in a situation where they can't deliver the gold that people want they there's panic buying over there at the london blowing market association in fact there's a run like a bank run there's a run over there going on this is the reuters just reported i mean this is what you've been warning about talk about well you've you had become negative over the past few weeks so that is like the over the counter measure of the gold basis so that wasn't unexpected so you've had go for becoming negative and that's exactly signifying what you're suggesting no go release rates which is the flip side for goo for going negative going up you know it's always explained sort of you know miners want to s

welcome back to the kaiser report imax guys are time now to turn to the cloud of gold money dot com also welcome back to the guys report it's my pleasure max right now after you had a late breaking news exclusive report really powerful explosive information pertaining to the gold market but i don't want to get there quite yet i want to kind of review some of these other things that are going on to get some background that will get into this explosive revelation that you have now in the news this past week we've heard a couple of terms backwardation and go file in the gold markets and the gold leasing markets etc backwardation we've talked about on this show before and it was very rare in markets to to have the short term trading at a premium to the three or six month price it's in backwardation they are betting in case of a shortage of physical metal for spot delivery ok now go fo we've heard this a few times the last week dig into that what is go for well if it was a go forward rate and you compared with libel normally what happens is that it is less than libel because what central bank

going back to the kaiser report imax guys are time now to go to san francisco and speak with walls rector of testosterone pit dot com wolf rector welcome back to the kaiser report thanks max all this much oil going back i right now wolf roger tell us of what is happening in the real estate investment trust market first but first explain exactly what a real estate investment trust is how big this market is really best real estate investment trust is a company that functions like a fund and issues equities a stock sporadically multiplies that equity by borrowing usually overnight in the short term market near syria interest rates and then ends up buying large amounts of mortgage mortgage backed securities with it usually in the united states those would be government backed mortgages from fannie mae and freddie mac. a change in may and they're getting a unique tax treatment if they pay ninety percent of their income in terms of dividends then they don't have to pay income taxes on the income tax or their responsibility of the stockholder now there's been a massive unwinding right as interes

hundred eighty one when it made a slow in september of one nine hundred eighty one and going up that was imax not all the top and bottom four or five times that are wrong but fortunately for me the last two times i've got it right i have no idea. where not i am sure what junk bonds not government on and you can ask me in three years if i got it right or not i don't know if this is a soft mac. but i do know we're getting closer and closer all right let me ask you about a comment made by richard fisher he's the president of the dallas fed he called bond traders quote feral dogs likening their reaction recently. a selling bonds to the news of the fed tapering that is to say the fed stopping their quantitative easing he made a comparison to george soros as attack on the pound. so here you have a group of market players that used to be called bond vigilantes and applauded for being bond vigilantes now the richard fisher the president the dallas fed is calling them feral hawgs is that a bit unfair jim i know richard and don't know it but i do know him and he's a smart guy i do know that whenever th

welcome back to the kaiser report imax guys are time now to head over to new york city talk with reggie mills in a blog dot com reggie welcome back to the kaiser report. thank you very much and as usual it's a pleasure to be back and enjoy the show all right first reggie middleton i know you've gone crazy for a google glass why and tell us about your encounter with the police while wearing it. well. i. guess to be the next paradigm shift in mobile computing to go through people's paradigm shift you've had the invention of the landline phone you've had the cellular phone more of the old days you had the p.t.a. which then became this one phone which is a sofa to be a combination which was a significant jump and the next jump would be world of computing. which would be the most utilitarian example that i know of to date is the. fact that not necessary grass itself but the computer style grasses which grasping the most. i think capable implementation for. number one it allows you to. telecommute plus perform computation without using your hands and it gives you a first person view this can

welcome to the kaiser report imax kaiser is big coming quite apparent that quantitative easing is the. monetary policy central banks no problem checking in but there's no way to check out now to explain all this let's turn to herbert yes max keiser well you know that the u.s. federal reserve chairman ben bernanke when he basically alleged that he might taper one day well the bond pocalypse set upon us and now he's claiming to un taper well i'm not actually going to taper but the question is quantitative easing can it be unwound so to economists look at what's happening in the u.k. and what they found is that central banks and governments have so far profited from q.e. as the central bank purchases interest bearing assets for money as q.e. unwinds those interest bearing assets will obviously be sold and the key question becomes at what price as interest rates would likely be rising and central banks becomes a standstill sellers of financial assets asset prices are likely to fall since q.e. as involved major purchases of financial assets a relatively small fall in asset prices more asse

welcome back to the kaiser report imax kaiser time now to go to karl denninger of market hyphen ticker dot org karl denninger welcome back to the kaiser report it. thank you for having me on max all right the bond market what is going on carl denham there well it's really rather simple we've had a thirty year generally downward trend in interest rates if you look at the constant maturity ten year note yield you'll see that the chart goes from the upper left to the lower right it's been doing that since about one thousand nine hundred and this is now out changing to one of two scenarios because you can't go below zero so you're either going to have a flat bond market much like what japan has had for the last couple of decades or it's going to reverse and start trending back upwards and this is very important because in a declining yield environment you can print money by increasing your leverage every time you turn the crank you not only make more money for yourself but you put more liquidity into the system for everybody else and so everyone else makes money and so your options if you

welcome to the kaiser report imax kaiser is big coming quite apparent that quantitative easing is the. monetary policy central banks had no problem checking in but there's no way to check out now to explain all this let's turn to herbert yes max keiser well you know that the u.s. federal reserve chairman ben bernanke when he basically alleged that he might taper one day well the bond pocalypse set upon us and now he's claiming to un taper well i'm not actually going to taper but the question is quantitative easing can it be unwound so to economists look at what's happening in the u.k. and what they found is that central banks and governments have so far profited from q.e. as the central bank purchases interest bearing assets for money as q.e. unwinds those interest bearing assets will obviously be sold.