F*****g hell GB,what a find,as I have said previously,you find these gems and sprinkle them around,but the problem is many don't bother to read/listen to them.

Might be worth reposting on the Buffett you Muppett thread to try and catch a few more listeners?

I like Kaiser.

I'm about 1/2 way through this broadcast and...... well, as Prof said fkn hell....

his oracle show is pretty good as well on bbc worldwide and of course u can find it on youtube

Let me guess. This guy Max Kaiser owns a gold website?

no hes calling it as he sees it

his diatribe calling paulson a financial terrorist was class

lmao.... I doubt it...

Have a listen to it - it's very good. Not a goldbug in sight. Just two people very pissed off at a system which is ripping everyone off.

The only solution offered is to let the banks fail - anything else is turkeys voting for christmas.

Oh, and a really interesting bit on hedge funds and Warren Buffet.

Jesus, that was excellent if a little frightening.

Although the problem with things like that is people I think would fall into one of 2 camps. Those that think they just got a peak behind the curtain at whats really going on, and those that would dismiss it as leftie conspiratorial ranting.

Jaysus!!! That was brilliant! Really puts everything in a nutshell, shady broker dealings, shadow banks,un numbered accounts and media brainwashing! It gives a really good insight into how the whole process operates. Anyone with an hour to spare will get an education that they will never get from the tv/papers!. Thanks GreenBear!.

Indeed, btw Greenbear - when was this actually recorded?

@Read between the lines - how did you manage to post @ 11pm?

a $700 trillion error account? FFS. if you don't understand it just shutup kaiser you fucking clown.

wink, wink, nudge, nudge ........... buy gold and silver ...

why are so many pushing this bi-metallic bullshit?

Was wondering about that 700 Trillion dollar number as well.

March 7, 2009

Green Bear is really only a chaotic stream of bits that float around the 'pin pulsing in time to the internet.

Because for well over ten years investors have become hooked on bubbles.

Tech/internet(1997-2001)--->housing(2001-2006)--->commodities(2005-2008)--->gold (2005-?)---->?

And the internet has proven hugely useful at building the concensus/groupthink necessary to sustain each one. Technical charts and mindblowingly stupid rationales parroted in forum after forum pumped by shills and VIs replacing sound sober traditional investment criteria. And the traditional media catching on after a while and reinforcing the new "paradigms". If you were paranoid you could see it as a very sophisticated propaganda system aimed at fleecing suckers and then moving on to the next bubble. Fast money chasing fast oversized profits.

The secret all along has been to get ordinary Joes caught up in the investment racket - which used to be a game for trained professionals. Until the tech boom came along ordinary people had little or no interest in shares or asset speculation. And most of the pros have long since ditched their Graham and Dodd. So this is a much broader phenomenon - not at all like the 1920's asset boom which was limited to the wealthy upper classes and market professionals.