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Published on Jan 28, 2014
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the role the Davos discount and well executed transactions play in our declining economic fortunes.
In the second half, Max interviews Jordan Fish and Luke Mitchell about the creation and launch of a new cryptocurrency called - MaxCoin! They discuss the various features on which one must decide when creating a cryptocurrency and what the role of these alt-coins are in the entire Bitcoin ecosystem.
James Dines discusses 3D printing and manufacturing, also the outlook for gold and silver prices in 2014. Listen to the KWN interview here
Gold’s biggest slump in three decades has been a boon for MKS (Switzerland) SA’s PAMP refinery near the Italian border in Castel San Pietro, whose bullion sales to China surged to a record as demand rose for coins, bars and jewelry.
As prices plunged 28 percent in 2013, investors dumped a record 869.1 metric tons from gold-backed funds traded mostly in the U.S. and Europe. Much of that metal is ending up in Asia, where companies such as The Brink’s (BCO) Co., UBS AG and Deutsche Bank AG are opening new vaults. China’s expanding wealth has made the country the world’s largest buyer, surpassing India, as imports reached an all-time high.
PAMP Managing Director Mehdi Barkhordar, who credited China’s “insatiable” appetite for a sales boost of as much as 20 percent last year, remains optimistic even as growth in the world’s second-largest economy slows. “The demand in China is off its peak, but still respectable,” he said last week.
To keep up with orders, MKS added shifts at the PAMP refinery, located about 4 miles (6.4 kilometers) from the Italian border, Barkhordar said in November as he showed off a 1-gram gold piece the size of a fingernail. Furnaces that can process more than 450 tons a year were at full capacity from April to June, melting mined metal, scrap jewelry and ingots at 1,000 degrees Celsius (1,832 degrees Fahrenheit) into the higher purities and smaller sizes favored by Asian buyers.
Jan. 27 (Bloomberg) -- Bloomberg's Olivia Sterns and Bloomberg Tradebook’s Greg Bender put gold futures in focus in "On The Markets" on Bloomberg Television's "In The Loop."
Jan. 27 (Bloomberg) – Bloomberg’s Carter Dougherty reports on what’s next for the digital currency after Bitcoin Foundation’s Charlie Schrem is charged with drug trafficking. He speaks to Trish Regan and Adam Johnson on Bloomberg Television’s “Street Smart.”
This one reason why gold coin sales in Turkey have hit record levels, as locals divest from the lira and into a stable form of money that will protect their purchasing power.
From Al Jazeera English
Published on Jan 27, 2014
In this video Luke Rudkowski interviews business consultant Gerald Celente on the upcoming future U.S economy and revolutionary trends for 2014. Gerald Celente is an American trend forecaster, publisher of the Trends Journal, business consultant and author who makes predictions about the global financial markets and other events of historical importance.
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