In this episode of Keiser Report, Max and Stacy look at the data showing 'no resistance' to price increases as money printing and stimulus checks encourage Americans to pay whatever the price is without negotiation.
In the second half, Max chats to Craig Hemke of TF Metals Report about the Nixon Shock, 50 years later. They also discuss the latest news on market manipulation in the precious metals market.
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.
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.