Keiser predicts: Chinese will bail out Italian government in return for 3,000 tons of gold

As well as various predictions about what the ECB will unsuccessfully do to get out of its latest Italian government hole, Max interviews Jim Rickards over his latest Currency Wars book.

Look out for the 50-Euro note toilet roll and the discussion about how the elites will move to IMF Special Drawing Rights as a last resort before they eventually and reluctantly go back to gold once all of their fiat currencies have failed, despite their hatred of the discipline of gold.

Here’s the YouTube blurb:

“This week Max Keiser and co-host, Stacy Herbert, discuss European gold wars and the brokers at the Chicago Board of Trade telling others to get a job while they can’t even do the one job they have. In the second half of the show, Max Keiser interviews James G. Rickards about his new book – Currency Wars: The Making of the Next Global Crisis.”

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About Andy Duncan

An Austrian Internet Vigilante trying to live Outside the Asylum
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2 Responses to Keiser predicts: Chinese will bail out Italian government in return for 3,000 tons of gold

  1. Pingback: The Italian government: Too big to bail | The God That Failed

  2. Paul Vahur says:

    You can get a 1-million euro note for $15 from here: http://www.banknotes.com/e.htm

    I have a few from 2000 already. I like the line there about backing: “this is backed by confidence in the European dream”. God, I didn’t expect it to take that long for this to be true…

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