Thursday, October 17, 2019

Keiser Report: Velocity of Money at All Time Low (E1446)

from RT:

In the second half, Max interviews Mitch Feierstein of about the housing bubbles and the turmoil in the repo market.


by Egon Von Greyerz, Gold Switzerland:

“There is something vaguely troubling when the unthinkable becomes routine”

This is what Claudio Borio of the BIS (Bank for International Settlement) commented on the $17 trillion of debt with negative interest. He went on to say: “Even at the height of the Great Financial Crisis this would have been unthinkable.”

But this is where the world is today, unthinkable debt, unthinkable markets, unthinkable risk and unthinkable leaders who have totally lost control and by their actions are increasing risk exponentially.

The Idea of Alternative Currencies Is Going Mainstream

by Gregory Bresiger, Mises Institute:

Mastercard, one of the big players now looking at this new money, is starting a cryptocurrency team.

“Do you have the desire to work at the cutting-edge intersection of payments and cryptocurrencies,” MasterCard asks. Those hired will “monitor crypto currency ecosystem trends” and “develop new products and solutions.”

A credit card expert called it “a smart move.”

Bill Hardekopf, CEO of, says Mastercard “sees there’s a lot of activity in this area. Even if it isn’t going to offer its own cryptocurrency, they know it’s important to have people who understand the subject.”

Swiss University Fights Fake Diplomas With Blockchain Technology


by Joeri Cant, Coin Telegraph:

The University of St. Gallen in Switzerland is setting its sights on blockchain technology to fight fake diplomas, a type of fraud that has been on the rise globally in recent years.

Degree certification

According to a CNN Money Switzerland interview from Sept. 19, the University of St. Gallen has announced that it is introducing a blockchain-based pilot project to verify the authenticity of its degrees in a matter of seconds rather than several days. The university’s CIO Harald Rotter said: