Episode 969

In this episode of the Keiser Report, Max and Stacy discuss the lessons from Calvin of Calvin & Hobbes fame on the exorbitant privilege of unfairness for bankers. They look at the game theory behind Deutsche Bank’s too-big-to-fail, too-broke-to-punish sweet spot as it attempts to “negotiate” with the US Department of Justice. In the second half, Max interviews precious metals expert Ned Naylor-Leyland, of Old Mutual Global Investors, about gold – the original denominator – and about return-free risk in the negative yielding bond markets.

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