From SilverDoctors From RT Published on Nov 21, 2013 In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss bitcoin barbarians at the gate as U.S. cedes dominance to China and as nations and people around the world reject U.S. made technology due to NSA spying. In the second half, Max interviews Karl Gray and Austin Craig about the documentary film, Life On Bitcoin, and about the latest in crypto-currencies, including Litecoin. No wonder Ben Bernanke fears bitcoins and would like to regulate their use - there is a bitcoin price on his head! From Forbes.com Article link As Bitcoin becomes an increasingly popular form of digital cash, the cryptocurrency is being accepted in exchange for everything from socks to sushi to heroin. If one anarchist has his way, it’ll soon be used to buy murder, too. Last month I received an encrypted email from someone calling himself by the pseudonym Kuwabatake Sanjuro, who pointed me towards his recent creation: The website Assassination Market, a crowdfunding service that lets anyone anonymously contribute bitcoins towards a bounty on the head of any government official–a kind of Kickstarter for political assassinations. According to Assassination Market’s rules, if someone on its hit list is killed–and yes, Sanjuro hopes that many targets will be–any hitman who can prove he or she was responsible receives the collected funds ....the largest current bounty on the site–targeting Ben Bernanke, chairman of the Federal Reserve and public enemy number one for many of Bitcoin’s anti-banking-system users. At Bitcoin’s current rapidly rising exchanges rate, that’s nearly $75,000 for Bernanke’s would-be killer. Read more Gold and Silver have sold off in NY after market trading, with both Gold and Silver down over 2% due to perceived "bearish" news in the FOMC minutes from the Feds Oct meeting.
It seems that some brain dead algos have interrupted the following gibberish from the Fed as "bearish" even though the members of the board have committed to keep buying $85 billion worth of mortgage securities and treasuries per month. Extract from the Oct FOMC Minutes: In their discussion of monetary policy for the period ahead, members generally noted that there had been little change in the economic outlook since the September meeting, and all members but one again judged that it would be appropriate for the Committee to await more evidence that progress toward its economic objectives would be sustained before adjusting the pace of asset purchases. In the view of one member, the cumulative improvement in the economy indicated that the continued easing of monetary policy at the current pace was no longer necessary. Many members stressed the data-dependent nature of the current asset purchase program, and some pointed out that, if economic conditions warranted, the Committee could decide to slow the pace of purchases at one of its next few meetings. A couple of members also commented that it would be important to continue laying the groundwork for such a reduction in pace through public statements and speeches, while emphasizing that the overall stance of monetary policy would remain highly accommodative as needed to meet the Committee's objectives. At the conclusion of the discussion, the Committee decided to continue adding policy accommodation by purchasing additional MBS at a pace of $40 billion per month and longer-term Treasury securities at a pace of $45 billion per month and to maintain its existing reinvestment policies. From Cambridge House Jeff Christian, the Managing Partner of CPM Group, chats with Vanessa Collette about gold and silver manipulation and the future prices of gold and silver. From goldseek From RT Published on Nov 19, 2013 In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the melt up in the art market as the very wealth scramble for safe havens from the taxpayers angry at the billions in free money they've been given. They also discuss financial irrigation, amputated gold and a special mince meat pie and Jamie stew for Christmas. In the second half, Max interviews Jim Rickards, author of Currency Wars, about central bank vaporware, straws in the dollar wind and about how Janet Yellen is to Ben Bernanke as Miley Cyrus is to Lady Gaga - ie trashier than the original. |
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