In this episode of Keiser Report, Max and Stacy enjoy a 'cup of Joe Biden' as consumers are happy to pay ever higher prices for their morning cup of coffee thanks to the ongoing stimulus and enhanced unemployment benefits. In the second half, Max interviews Alasdair Macleod of GoldMoney.com about his latest piece, "The Extinction of Gold Derivatives' and what it has to do with the Nixon Shock and the Basel III net stable funding ratio.
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.
Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist.