Keiser Report: Monopoly Crisis and Negative Yielding Debt
In this episode of the Keiser Report, Max and Stacy discuss the reasons behind gold’s breakout, and it has a lot to do with the central bank induced chaos. They also look at the companies with the most debt in the US. In the second half, Max talks to Michael Pento of PentoPort.com about the $14 trillion (and rising) pile of negative yielding sovereign debt. They also discuss the gold market and JP Morgan’s report for their private wealth clients recommending they sell dollars and buy gold, Swiss francs, sterling, and Chinese renminbi. Also: (Max Keiser) – Keiser Report: Pirate Equity & Rate Cuts
In this episode of the Keiser Report, Max and Stacy discuss how private equity – aka ‘pirate equity’ – has hollowed out the retail sector. Despite their assertions to the contrary, Wall Street firms have destroyed eight times as many retail jobs as they have created in the past decade. And Elizabeth Warren has a plan. In the second half, Max talks to Mitch Feierstein of PlanetPonzi.com about how many rate cuts we can expect before the end of the year, and whether or not the US will go negative just like Europe. They also discuss central banks buying up stocks.