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24 Jan, 2019 06:45

Risking financial disaster (E1336)

In this episode of the Keiser Report, Max and Stacy discuss their belief that a store of value is actually more useful for a poor person than a rich person. The argument that the poor can’t afford a store of value is betrayed by the very fact that Indian women reportedly own an estimated 11% of the world’s gold supply. They also discuss Trump risking financial disaster for America by weaponizing the global payments rails in which all tracks must go through New York. If that part of the journey is no longer needed, will the US lose its global financial power? Politico asks this question. In the second half, Max continues his interview with Craig Hemke of TFMetalsReport.com about gold in 2019. They discuss the trade war between the US and China and whether or not China’s gold purchases are for strategic reasons relating to a post-dollar world.

Check Keiser Report website for more: http://www.maxkeiser.com/