back to the kaiser report imax guys are time now to turn to sandeep jaitley of the cancer research dot com sundeep welcome back to the kaiser report things first of all you are is which i wanted to get a good close. pick these up and shortage i'm a hipster now excellent yeah so it's all very exciting so i did gailey you are a student of professor professor forget that he recently wrote the price of gold is heading to extinction everyone wants to know what does he mean by this it's just worth a lab rating on what he means by that what he means is by the price of gold he means exchange of gold against state denominated figure up credit which we call the price of gold so all he's saying is that that exchange is not it's not guaranteed to exist going forward now you have to probe a bit deeper into this basically it's just an expression of subjective exchange now you might be able to exchange apples or oranges at the market through barter but it would be very difficult to exchange oranges for a sudden for seven you know so exchanging like for like is a part of the preferences of subjective

that's all the time we have for this opposite of the kaiser reported like to thank our guests deep jaitley of the cancer research dot com if you'd like to send us an e-mail please do so it is a reported r t t v dot are you. saying. some of these traditional chili lines they've been bred into bill passed down from generation to. this is a total struction of the culture of mexico i tell you what i mean this this is not going to impact a swelling in mexico whatever happens here. we're eating at the products in the in the world in the skin all boarding and so forth. genetically engineered crops why do you think this country is full of obese and sick people because we have a crappy food system. to live on one hundred thirty three bucks a month for food i should try it because you know how fabulous. i mean ten pounds. i live in a really nice. and we're all very closely of. course you're going to. lie down to the day of the radio guy and pull up a minute. i want. to go because you've never seen anything like this i'm telling. you it's up guys i'm adding martin in contemporary times of consumer.

than the physical market i have no proof of this because he doesn't because as i said this to send jaitley a bully on basis who deals in physical gold and silver who knows the precious mark metals markets and he says that the amount of cash gold bought and sold every. day is a multiple of the e.t.f. holdings and he sent this chart to a company this and this is the gold inventory in tongues by location this is up to date one hundred sixty thousand tons of physical gold in the possession of the people human beings of the world thirty thousand tons in central banks that's the green of this pie chart and the comix gold that's that little tiny sliver of blue you can barely see that's two hundred sixty four tons and g.l.d. is one thousand and eighty three tons us in the red warren buffett of course another propagandist who tries to put the line out there that gold has no intrinsic value in chile gets the teeth knocked out and the gold in his molar has melted down and used his money that's right warren keep keep going on your paper jihad now a child will often think this is they think that their