ALASDAIR MACLEOD: CENTRAL BANK INTERVENTION ALWAYS BREAKS DOWN, & WILL BY END 2013!
MAY 6, 2013
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the Great Leap Forward in central banks’ central planning which has driven the Housewives of China to buy 300 tons of gold, an act of disloyalty to the central bank revolution. Max notices that Mrs. Wang has displaced Mrs Watanabe as the most important buyer in global financial markets. In the second half, Max talks to Alasdair MacLeod about everything to do with the physical and paper gold markets – from open interest to naked short selling by bullion banks.
MacLeod states that trouble is brewing, and that he expects that Central Bank intervention is likely to break down much sooner than Bernanke believes is possible, and likely by Q4 2013!