Wednesday, March 13, 2013
Who Is Max Keiser ? Buy Gold n Silver, Banks Will Dies
Listening to Keiser, I tell him, I'm left with feelings of little else but imminent doom. He has few words of comfort. "The global derivatives market, which is a quadrillion or more in size, is a very complicated, highly unstable system which is becoming more unstable with every hour," he says. "It is similar to the side of a mountain before the last snowflake arrives to trigger the avalanche. Or, like Mr Creosote [who explodes at the dinner table in the Monty Python film The Meaning of Life] is just waiting for that final after-dinner mint."
Any hope of recovery, he argues, will come not through the ballot box but financial initiatives on the part of individuals; notably a mass campaign to ignore governmental advice to trust in bonds and paper money – investments in which, Keiser insists, confidence has rightly evaporated.
"People have to take action for themselves. That means buying not bonds or dollars or euros, but gold and silver. Gordon Brown sold Britain's gold at the historic low of $250 an ounce. Gold is now $1,700 an ounce. My argument – I can categorically state – is winning the global propaganda war. China is aggressively buying gold. Russia is buying gold like a maniac. Iran has been buying as much as it can. All of these countries, where my show is popular, are buying gold and silver, and God bless them for it."
"I wave my arms," he says. "I shout. Of course I do. Because this is a global insurrection. Against banker occupation."
The presenter isn't surprised. "There is a fury against this global banking fraud that is building every day," he says. "People from all kinds of backgrounds, all over the world, have had enough."
A serf in the days of King John, Max Keiser argues, was in many ways better off than some US voters in 2012.
"Because in the age of Robin Hood," Keiser says, "at least the process of theft was transparent. The barons came to your house. They whacked you over the head then they took all your money." Even if the poor didn't exactly empathise with their oppressors, Keiser adds, they could at least comprehend their methods. "And the serfs," he continues, "did enjoy a modicum of stability. They got something in return for their enslavement. A small plot of land. Shelter. A relationship with the lord of the manor."
In the modern age of "financial tyranny" orchestrated by what Keiser refers to as "the banksters" in charge of the major financial institutions in the US and Europe, he believes, "We have reverted to a more pernicious kind of neo-feudalism. The instruments of larceny have changed; that's all."