Grant Williams returns this week to set the context for this week's FOMC meeting, where the Federal Reserve is widely expected to hike interest rates for the first time in nearly a decade. To say he is very skeptical of the Fed's ability to continue to control market forces much longer is a gross understatement.
Excellent economics and silver researcher Steve St. Angelo from SRS Rocco.com joins me to discuss all things silver and the deflationary economic collapse. Thanks for joining us.
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the past which is the future for the empire of debt that is America where financial engineering is to its rule as road engineering was to the Roman one. As financial engineering fails, however, from QE to share buybacks, the imperial power erodes. In the second half, Max interviews Dmitry Orlov of ClubOrlov.blogspot.com about where he and Colonel Wilkerson agree about the signs of collapse of the silliest empire. - Source
Money manager Axel Merk doesn’t like the U.S. dollar or stocks. Merk explains, “The dollar is supposed to rise when the world is in crisis, but what happened over the last year and a half or so is whenever there was good news, the dollar was rallying, and every time we had a sell-off, the dollar was plunging. The dollar rally has pretty much evaporated, and people aren’t aware of it yet. The dollar isn’t as healthy as it used to be. The story line was rates were going to go through the roof because everything is fantastic in the U.S. The dollar, just like the stock market, is way over extended. . . . The environment is very supportive for the price of gold right now.
Jim Rickards tells Lelde Smits on Modern Wall Street there is no way the US Federal Reserve will hike rates. Instead, Rickards believes the next move will be easing in March 2016 and predicts the impact on markets, metals and currencies.
Macro financial expert Doug Casey contends, “I think the Depression has already started, and I call it the Greater Depression because it’s going to dwarf what happened between 1929 and 1946. It’s already started. We are just in the eye of the storm, but we are leaving that now. What should the average person do right now? You’ve got to liquidate right now, while it’s still possible. You should get rid of things that you don’t need . . . have a yard sale and get rid of stuff you don’t need and generate cash for it. That’s number one. The average guy should buy gold. Don’t keep your savings in a bank. Store it in gold coins . . . or silver coins . . . Silver is volatile but has a much bigger upside than gold.”
Jeff Nielson is back to discuss Friday's absurd jobs report and the hardcore reality about the US debt ceiling, the Dollar and hyperinflation: "Increasing the money supply is inflation. A hyperbolic increase in the money supply is BY DEFINITION "hyperinflation". The Federal Reserve has already hyperinflated the US Dollar, It's a past tense. Nothing can prevent it, it's already been done."
"Unless the people demand an end to the warfare state, the welfare state, and fiat money, our economy will continue to deteriorate until we are faced with a major crisis."
- Former Congressman Ron Paul, from his weekly column dated September 13, 2015
Rob Kirby from Kirby Analytics joins me to discuss the latest from the CRIMEX, which at this point in still known more widely as the COMEX, where available registered, deliverable PHYSICAL gold has fallen to an all-time low of 202,000 ounces! There is now 228 ounce of PAPER claims for every ounce of deliverable, registered gold.
"The Comex has been a Ponzi scheme for a great many years and what they've been playing is a shell game," says Rob Kirby. "The gold market has been rife with criminality and fraud for a great many years now. We used to think that the gold that's available is hiding under a shell and they move it around, and the day might be coming in the very near future where we turn all of the shells over and find out there's nothing."
