Max Keiser & Stacy Herbert, Sputniknews, Released on 5/22/18
As the Pope warns about the ‘unacceptable’ ethics of ‘gambling on the failure of others’ via credit default swaps, Double Down talks to Craig Hemke of TFMetalsReport about the latest from Italy where insuring debt is soaring as a new government talks about introducing a parallel currency. What is the role of central banks, in particular the US Federal Reserve Bank, in creating this global currency tension from Argentina to Mexico, Italy and beyond? As the Fed attempts to taper, Craig Hemke suggests they may need to resume quantitative easing as emerging markets begin to suffer currency distress. And, in the meantime, what is gold doing? Tune into Double Down to hear the answer.
Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London’s Resonance FM, and writes for The Huffington Post. Keiser invented “Virtual Specialist Technology,” a software system used by the Hollywood Stock Exchange. Prior to inventing this technology, he worked on Wall Street where he began working after graduating from NYU.
Known primarily by his nickname “Turd Ferguson,” Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.