welcome back to the kaiser report max kaiser time now to turn to sandeep jaitley the cata research dot com sundeep welcome back to the kaiser reports very much max thank you all right sandeep you recently tweeted quote not joking when i say this monetary wealth throw us all into poverty none of us will be able to satisfy our ends that's poverty talk about. there's a confusion between people that you can go on to a gold standard because of this hoarding aspect of go people want gold so you can use gold as the the monetary substance basically so you need something to use as money and they think that that is the system as we have it at the moment and they think that because we can satisfy all. the movements that we'll continue to be able to satisfy our ns and the current monetary system. all i'm saying is that it's been what forty odd years since we've been on this monetary experiment where we've been off go. it's not going to last very long before we're not going to be able to see. so far and the only one holding credit i like to call it figure out credit instead of money it's not money

ok let's so the only answer this sunday jaitley update us on the basis ok silver is in backwardation the l b m a is sending out fishy smoke signals according to nasa leyland what are you seeing in the supermarket well there's a lot of volatility going on in the before market is ok that's a non-statement you know the cover for say it is something real somebody began to say those volatility you know moving into backwardation both in gold. quite aggressively in an ounce of barker the goal is moving it back what i told them he said all is moving in backwardation that's a complete condemnation of the fee on money system if it was to keep on recurring and get exponentially higher would be we haven't had any sign of yet. but let's wait ok so just for the uninitiated backwardation simply refers to the fact of the cost in the near term is higher than than what you'd pay for a longer term contract because time. it's money and you would pay for time exactly if you're not paying for time it means that people are willing to sacrifice any bargain that they might get by jumping in right now getting

thank you max stay tuned for the second i will be speaking to sundeep jaitley hopefully this time he will get fired. more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. operations. technology innovation all the latest developments from around russia we've got this huge earth covered. welcome back to the kaiser report max kaiser time now to turn to sandeep jaitley of the cattle research dot com sandeep welcome back to the kaiser reports very much max thank you all right sandeep you recently tweeted quote not joking when i say this monetary or throw us all into poverty none of us will be able to satisfy our ends that's poverty talk about yeah. there's a confusion between people that say that you can't go on to a gold standard because of this hoarding aspect of go people want gold so you can use gold as the the monetary substance basically so you need something else to use as money and they think that that is the fear that system as we have it at the moment they think that because we can satisfy all. the moments th

sandeep jaitley his basis which is very interesting because it provides both sides of the of the market as opposed to just a mid price which is what's offered by cipher and go for it suggested that there was actually a lot going on at that time and there were real pressures and the market instances fairly severe backwardation the exact same moment that that particular measure sipho was removed by the l b m a members and that seems to be a little bit. too much of a coincidence sunny for my liking you know when i did b.b.c. two years ago on their world service i did an interview with rob young and i explicitly told him what was going on of the server market and then they explicitly did not air that interview because b.b.c. world service to the mainstream media is protective of this racket of the manipulation racket that goes on at the l. b.m.a. and other it lie bore went on for years people as an open secret there was nobody it was an open secret a library was being manipulated for years it's an open secret that al b.m.a. manipulates these markets and access to hide the identity of manipu