no and the bank of england has to step in on a daily basis fixes and make up any shortfall out of the six hundred tons of gold cleared by the o.p.m. c.l. every day and the five thousand tonnes of silver incredible amounts but that's what trades through the b.m.a. every day they step in when people actually have the audacity to offer their physical this discount the bank of ling has to england has to step in and provide that bullion on a short term basis well in the bank of england and the treasury and george osborne when they failed to match the books at the end of the day and there's left over doesn't that just get through the circuitous nature of these inciting deal doesn't just end up on the debt of the u.k. absolutely and they're going to stroke an electronic check. and they're going to pay everyone off and anyone that hasn't got a physical the reason i don't offer trudging is the day that you get settled in cash will be the day gaps up one hundred two hundred three hundred dollars. three right everywhere thanks so much for being on the pass reports always a pleasure. and that's g

so it would be the bank of england and france and germany headed to the u.s. and they urged the u.s. to lower the fed to lower its interest rates and this was very good that they did that this was for that purpose the idea that the fed lowered interest rates in the u.s. the u.s. would be a less favorable place to invest the fed lowered rates in one thousand twenty seven from four to three point five percent and many economists believe that this actually fueled a lot of the speculation right before we saw the great depression you had one of the one of the economies view at that time well there's actually an economist at the federal reserve who said it quote this was in one thousand thirty four the greatest and boldest operation ever undertaken by the federal reserve system and it resulted in one of the most costly errors committed by its or any other banking system in the last seventy five years and many economists do believe that this the fed lowered these interest rates that actually encouraged the speculative finance that we saw leading up to the great depre

it would be the bank of england and france germany added to the u.s. and they urged us to lower the fed to lower its interest rates and this was very good that they did that this was for that purpose the idea that the fed lowered interest rates in the u.s. the u.s. would be a less favorable place to invest the fed lowered rates in one thousand twenty seven from four to three point five percent and many economists believe that this actually fueled a lot of the speculation right before we saw the great depression you had one of the one of the economies view at that time well there's actually an economist at the federal reserve who said it quote this was in one thousand thirty four the greatest and boldest operation ever undertaken by the federal reserve system and it resulted in one of the most costly errors committed by its or any other banking system in the last seventy five years and many economists do believe that this the fed lowered these interest rates that actually encouraged the speculative finance that we saw leading up to the great depression

the bank of england and all the banks and the u.k. as financial terrorists by creating this term of capital g. hottest but of course he's misapplying about term the banks of course they would need capital reserves.

goldman who's the head of the bank of england so you've got all these coincidences and mario monti of course who used to be the head of italy then i think also you know running all these markets running all these countries running all these regulatory agencies while the same companies buying up rights to all the commodities why is that not a dangerous monopoly position was that like soviet union was lloyd blankfein to get rid of that the big wall street the big issue is the debt right the debt has spiraled out of control so if you compare q.e. to the titanic voyage on the titanic and actually if you look at the pictures of the captain of the titanic they look like ben bernanke with the same beard ok so what are they going to do you've got to resolve the debt issue people were wearing life jackets on the deck of the titanic while the band was playing saying i don't understand why we're wearing these life jackets out here it's the same thing the problem is the hole in the boat and you're sinking the problem is the debt nobody's addressing the debt max least of all if you're just one we'

that the bank of england r g hardy's for insisting banks minimum capital reserves. vince then sven is all boy 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 jihadi of banking fraud who strapped on the debt packed suicide vest 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. why walled up a time here a nazi straight to spain we go to some devastating seems to show you where at least seventy seven people have been killed on high speed passenger train derailed in the northwest of the country over one hundred thirty others injured some critically it's being labeled one of europe's worst ever rail disasters the crash happened on a curve in the track report suggesting the train could have been moving three highest officials were quick to rule out sabotage or terror. and to iraq where at least twenty two have been killed dozens injured in a spate of attacks and bombings in the deadliest assaul

saying that the bank of england are jihadi for insisting banks have minimal capital reserves. vence then sven is all boy as i've said for years the bank of england are indeed like the taliban but only because they provided the safe haven for those he hardy's of banking fraud who strapped on the debt packed suicide vest 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. and i why give you a preview of the kaiser report and we can give you the whole program right now live from moscow it's on. boy oh boy there are a lot of conspiracy theories out there for a mysterious extra planet strip kilian creatures living among us but there also may conspiracy theories that are very plausible and some never will actually true one that i've heard for a long time is that they are specifically trying to fill the police with dimwits to abuse the american people which is silly right right well according to a.b.c. news the discrimination lawsuit revealed that robert jordan was denied the chance

the bank of england are jihadi he's for insisting banks have minimum capital reserves then then this is all boy as i've said for years the bank of england are indeed like the taliban but only because they provided this safe haven for their jihadi banking fraud who strapped on the debt packed suicide vest 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. we're not far off from a cause report here in the mean time of the us senate has held a hearing on the closure of guantanamo bay prison for the first since two thousand and nine five years after obama's pledge to close it down and many detainees will now have their cases reviewed by a special panel which will decide with a very should remain behind bars the most haven't even been charged with any crime due to a lack of evidence but were considered too dangerous to be released. the report. this is the first significant congressional hearing that has been held since two thousand and nine course president obama vowed to close this being

with the bank of england mark carney's new shop. then the rate of interest is negative another words they pay you to take out a loan the bank of england pays h.s.b.c. barclays royal bank of scotland lloyds to take out a loan if i want to the bank of england and i was one of these banks and i borrowed a million dollars i borrowed a million dollars it wouldn't cost me any interest rate of all at all at one go they charge me five thousand percent at the bank of england they pay me two percent they pay me to borrow money that's the difference though many aspects of wires are those huge wealth and income gap in the u.k. and around the world well because if you're on the inside you get paid to borrow money if you're on the outside of this interest rate apartheid wall then you get charged five thousand percent to borrow money is it any wonder the entire world is rising so that they conclude this thought experiment is saying that basically they won't be able to unwind without threatening entire financial stability of the store soon if i put

reviewing some burn named mark carney at the newly installed head of the bank of england said and no more bond buying in other words and no word for england u.k. central bank voted unanimously.

the bank of england mark carney's new shop. then the rate of interest is negative another word they pay you to take out a loan if i go to the bank of england and i was one of these banks and i borrowed a million dollars i borrowed a million dollars it wouldn't cost me any interest rate of all at all at one go they charge me five thousand percent at the bank of england they pay me two percent they pay me to borrow money that's the difference does any aspect of wires or those huge wall think of gap in the u.k. and around the world well because if you're on the inside you get paid to borrow money if you're on the outside of this interest rate apartheid wall then you get charged five thousand percent to borrow money is it any wonder the entire world is up rising. the u.s. congress has given the intelligence community and ultimatum scale back the mass surveillance or lose power entirely if this happened at a house judiciary committee hearing or across party lawmakers have demanded a greater accountability although some doubt that th

dealing with the bank of england mark carney's new shop then the rate of interest is negative in other words they pay you to take out a loan at one go they charge me five thousand percent at the bank of england they pay me two percent they pay me to borrow money that's the difference those any assets of wires or those huge wealth and income gap in the u.k. and around the world well because if you're on the inside you get paid to borrow money if you're on the outside of the interest rate apartheid wall then you get charged five thousand percent to borrow money and then you go on the b.b.c. and say we are going to think well nothing but look at them but they're going by what the got the do the do the do it just means efficient markets theory you know i'm not backed by a poster i mean those things i did i would. it's fraud. in northern ireland unionists are planning yet another parade in belfast this despite a recent series of street clashes with nationalists the orange order has apply for permission to hold a march this weekend sparking accusations that it is deliberately stirring up con

dealing with the bank of england mark carney's new shop then the rate of interest is negative in other words they pay you to take out a loan at one go they charge me five thousand percent at the bank of england they pay me two percent they pay me to borrow money that's the difference though then you have to stop wires or there's a huge wealth and income gap in the u.k. and around the world well because if you're on the inside you get paid to borrow money if you're on the outside of the interest rate apartheid wall then you get charged five thousand percent to borrow money and then you go on the b.b.c. and say when we are going to fred well let me put mckinnon both of them i'm of the got to look at the do the do the dictator things efficient markets here you know i've got that by your post i mean do you think it's a right that would. it's fraud f o r a you do the frog. now and it's a blower and the word snowden could be looking to settle in russia at least in the medium term the man who exposed america's global surveillance network said he does not rule out applying for a citizenship sh

dealing with the bank of england marconi's new shop then the rate of interest is negative another word they pay you to take out a loan at one go they charge me five thousand percent at the bank of england they pay me two percent they pay me to borrow money that's the difference though the only assets of wires are the huge wealth and income gap in the u.k. and around the world well because if you're on the inside you get paid to borrow money if you're on the outside of the interest rate apartheid wall then you get charged five thousand percent to borrow money and then you go on the b.b.c. and say well we are going to think well nothing but look at the bottom of the got bit make that the value of the back to the dictates of my vision my dear you know i didn't actually buy a post i mean i think that if i can i would. it's broad. and it's a whistleblower edward snowden could be looking to settle in russia at least in the medium term the man who exposed america's global surveillance network said he does not rule out applying for a citizenship shortly after filing an official request for tem

central bank and its cohorts of brought such as the bank of england and the e.c.b. et cetera. the reason why they keeping rates low the reason why they're doing massive q.e. buying bonds is since the natural bull market is over and you have an official point we're supposed to turn. if rates were to go up it literally destroys all the profit. countries sovereign states some ice over the states because i can't really call ireland aside and say i should be so so over and t. when they decide to accept austerity in exchange for saving the banks which we're going to fail anyway which is a totally different conversation so when nature takes its course in nature will economic nature will eventually. resume you're going to have both nation states and banks and certain businesses they're going to go under this is guaranteed this illusion is you know let the profit that the insolvent go because by forcing and this may be something that may have been preordained we never know but by spending throwing good money after bad you actually having certain states having to sell this sovereignty t

money printing to the west bank of england bank of japan and then reserve bank of america is to those economies what oil is to opec and the opec nations because the oil is the socially controlled by the state they don't need people to vote they don't need people to work the people live in a stipend in those countries in america in japan and in the u.k. increasingly people are living on a stipend set by the state who doesn't need them because they can print all the money they want to make themselves as rich as they want just like having an oil well if you pump the oil and you become a sheik and you come to london during the summer to escape the heat in the mideast if you're of j.p. morgan banker or nature's b.c. banker you print trillions of dollars and you live like your sheik at the expense of a thriving economy. and u.s. district judge has ruled that only president obama has the necessary authority to stop the force feeding at the guantanamo bay detention facility now that is after dismissing a request from a syrian prisoner who has asked for the painful practice to be stopped the s

and the newly installed mark carney at the bank of england they're distancing themselves from bernanke eight because when ben sneezes the entire world convulses not only has a cost of borrowing in the us exploded over the last month but european rates have actually screamed higher at a faster rate and china one of the most important commodity markets in the world and they're in quite the pickle just today the state council announced a major shift in policy after over a decade of building not only potemkin villages but entire potemkin industries they recognize their goose is cooked so that ten percent magical g.d.p. at any cost it's unsustainable think general motors dealer channel stuffing writ large oh and by the way i'll be talking tesla with justin underhill on today's daily duel so we're going to.

and the newly installed mark carney at the bank of england they're distancing themselves from bernanke you because when ben sneezes the entire world convulses not only has a cost of borrowing in the us exploded over the last month but european rates have actually screamed higher at a faster rate and china one of the most important commodity markets in the world and they're in quite the pickle just today the state council announced a major shift in policy after over a decade of building not only potemkin villages but entire potemkin industries they recognize their goose is cooked so that ten percent magical g.d.p. at any cost it's unsustainable think general motors dealer channel stop being written large oh and by the way i'll be talking tesla with justin underhill on today's daily duel so we're going to walk you through it all today so stay tuned for what's in your prime interest. we just celebrated us independent state so let's talk about central bank independence the fed just celebrated its one hundredth birthday it was set up to be a lender of last resort during financial panics ove

a pole dancer 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 lot be don't be don't believe bottom to 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 carney 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 lehman brothers back in two thousand and eight now lehman brothers dick fuld.

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 would 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 don't believe bottom to toxic capital market that let's face it.

a pole dancer 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 would cash remains in your pocket and stuff it in the collective g.-string of the banking system only in this case what that string wearing financial system flushes back to you in exchange for your hard earned cash is a loan be don't be don't believe bottomed and toxic capital market bet let's face it it isn't really all that appealing to look at no best you close your eyes stacey. yes max you know mark carney 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 lehman brothers back in two thousand and eight now lehman brothers dick fuld is in the news in a sort of pole dancing kind of way folds tiny stock is penny from heaven and this is according to the f.c.c. filings have matrix advisors which he and his wife run he is a

a pole dancer and you could indeed be a mark carney the new head of the bank of england as a sort of pull down sir enticing you to take would.

we have now mark carney he's taken over the bank of england from urban tang he comes in from the bank of canada he's being lauded here in the u.k. as a savior as a rock star of economics as almost a jesus like figure who will save everyone in the u.k. and europe your thoughts jim rogers. mags go back and look at every time somebody has been appointed sure the head of the central bank in the past when you thirty years they're always brought in is rock star when thank you was a rock star greenspan was abroad neither one of these guys had a clue what was going on i got it wrong over and over and over again but every time they read them in the press because of the government p.r. these guys are geniuses and they're going to save us unfortunately and what if for all of us is rock stars and turned out to be men with feet of clay and they haven't known what they're doing and they're going to lead us all into a series they are leading us into a serious serious problem well so they're kind of yes then he will print money just like everybody else that's not that's not going to save us right now