Media Moron Mockery - Max Keiser with Antal Fekete
Max Keiser and Stacy Herbert notice that the mainstream media mocks the
jury in the UK dismissed for being too stupid to understand basic
concepts of jury trial like 'guilt beyond a reasonable doubt;' when, in
fact, the same media takes financial regulators seriously when they say
they can find no evidence of financial crime. They spot Gary Gensler,
Chairman of the Commodities Futures Trading Commission, on BBC News
seemingly incapable of understanding that Libor rigging is 'fraud' and
not merely a 'fiction' as he suggests. In the second half of the show,
Max Keiser talks to renowned mathematician and monetary scientist,
Professor Antal Fekete, about the gold basis - cash versus the nearest
futures contract and why that the cash price for gold is never reported
is by design. They also discuss gold repatriation from Germany as a
trial balloon, to see how much demand there is for cash gold and how it
is that permanent backwardation means internal bleeding in the monetary
system. Source
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