Video: The Latest from the Keiser Report with Jim Rogers -- May 18, 2010
Max Keiser and co-host Stacy Herbert look at the scandals of real time fraud as quoted on the ticker tape, the 'perfect quarters' and even more 'missing records' as the US government hands out tens of billions to TARP banks.
Rogers discusses the euro, naked short selling, and gold.
---
Comment from Zara:
Great interview. They are on different mountain peaks looking down into the valley of all our problems. It was striking to see how their perspectives came together into albeit a strange middle ground on some of the issues discussed.
Some Key Points…
13:50 Jim Rogers – The market will win against any government or any central bank.
15:30 They Disagree – Rogers…”He who sells what isn't his'n must deliver (must buy it back) or go to pris'n. Keiser – Naked short selling could be considered the same as counterfeiting.
16:05 Jim Rogers – Surprised by Euro TARP, bad idea.
18:22 They Agree – Financial terrorism & welfare/socialism for the rich.
20:05 Jim Rogers – The Euro will not survive, the European economy threatened.
23.25 They Agree – Own real assets.
---
