Pinnacle TV

Andy Hoffman & Chris Duane discuss weak economic data in the US economy.

Hoffman comments that:

"We are in a new paradiagm where every single aspect of the financial and economic world is manipulated from data...

Andy Hoffman & Chris Duane discuss weak economic data in the US economy.

Hoffman comments that:

"We are in a new paradiagm where every single aspect of the financial and economic world is manipulated from data to markets to the media."

Duane weighs in on manipulation in the gold markets, commenting:

"Since the 2008 financial crisis the world's central banks have added $57 trillion dollars of more debt on top of the toxic debt that almost blew up the world in 2008."

Peter Schiff breaks down the Fed's recently released FOMC minutes and believes the central bank is continuing to blame anomalies such as the weather for weak Q1 results.

Schiff discusses how GDP is tallied and the seasonality factors involved. He is not buying the US 'economic recovery' and believes the country is likely in a recession.

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the demand for human rights for great apes as humans themselves agree to give up their own so that one bad guy might not enjoy them, too.

Keiser believes certain great apes have more rights than the average British person.

Herbert discusses the growing number of second homes in Britain and its impact on society.

In the second half, Max continues his interview with Harry Cole about the EU referendum, the TTIP trade deal and Scottish independence.

Marc Faber believes there will be no interest rate hike in 2015 and that the global economy is weakening.

Faber believes there are two things to consider in economics: affordability and unaffordability.

Faber discusses stagnant real incomes in the United States over the past 15 years.

On May 6th, Janet Yellen commented on US equities and the bond market at the Institute for New Economic Thinking.

Peter Schiff weighs in on the recent comments by Yellen and why the Fed is to blame for unsustainable valuations in US equities.

Schiff discusses the phony economy and asset bubbles.

Greg Hunter interviews Egon von Greyerz, the founder of Matterhorn Asset Management, in his latest episode.

Egon von Greyerz believes we are in "bubble land", but that eventually all bubbles burst.

Hunter asks the question: What could cause the gold market to erupt?

Peter Schiff discusses his encounter with Ben Bernanke at a recent conference.

The topic of whether or not the Fed and Bernanke are to blame for creating bubbles, including the housing bubble are discussed.

Schiff begins his interpretation of Bernanke and their brief encounter at 13:25 of his recent podcast, so feel free to fast forward.

Prior to that, Schiff makes some comments in respect to the recent job numbers:

NATO has launched massive war games on Russia's doorstep, with drills taking part in Estonia and Norway. Personnel from ten alliance members, including the US and the UK, are taking part.

Various protests broke out throughout various countries.

The Commander of NATO forces in Europe spoke out as to why the War Games are necessary.

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the aftermath of the UK general election as the Scottish National Party sweeps Scotland and the Lib Dems are almost wiped off the map.

They ask if Russell Brand is the biggest loser of the election and what happens when David Cameron’s housing bubble promises meet the arrival of the ‘Bondpocalypse’ as the 30-year bull market ends as witnessed in German bund investors losing 25 years of yield in 14 days.

Brand and the Twitterati are discussed along with the Labour movement in the U.K.

In this episode of China Money Podcast, guest Dr. Marc Faber, renowned investor and publisher of The Gloom, Boom & Doom Report, speaks with Nina Xiang.

Dr. Faber shares his thoughts on why China's economic problems are solvable, explains the reasons behind his belief that China is likely to keep its currency stable, and rebukes the argument that capital may be flying out of China for a lack of confidence in the world's second largest economy.

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the economics of low wages as productivity gains have gone to owners of capital rather than providers of labour.

In respect to a recent article from George Monbiot, who writes for the Guardian newspaper, Keiser states that, "...they never really address the true problem, which is that, the distribution of wealth is being accomplished not through the means of wages and labour, but through the means of algorimetic trading and monetary policy."

Peter Schiff believes a key economic number of late was the soaring trade deficit in March, which hit $51.4 billion, almost ten billion higher than expected.

Schiff explains that, "It was the single worst trade deficit since October of 2008."

And that,

"It is the largest monthly gain or percentage gain since 1996, so, what is that almost 20 years to find a month where the trade deficit worsened by the same percentage it did this time."

In this episode of USA Watchdog, Greg Hunter interviews financial expert Catherine Austin Fitts.

She believes the chance of total collapse is “relatively small” but she’s not discounting the chance of a major move this fall.

Rick Rule joined Kitco News following Wednesday’s Fed announcement last week to give viewers his take on the latest central bank drama.

Rule also shares his latest thoughts on the gold market and comments on Sprott Asset Management’s recent hostile bid for gold and silver funds.

He talks about what would cause him to "throw in the towel" for gold.

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the winter of our discontent as neoliberal policies and relentless fraud by banks results in never-ending Baltimores.

The predatory nature of banks is explored and blamed for much of the rage against the "cash strapped consumer".

In the second half, Max interviews Satyajit Das, author of Extreme Money, about how this debt addicted world could go the way of the Mayans.

After a one-year hiatus from Kitco News, Jim Rogers joins Daniela Cambone to share his thoughts on the market, specifically gold.

Rogers believes the markets will fall when interest rates eventually rise, prompting the Fed to release yet another round of quantitative easing. He believes this will lead to the bubble that brings everything down.

Rogers says he’s not so concerned with the daily fluctuations in respect to gold and adds he is still waiting on a buying opportunity.

Peter Schiff believes he is right about the US economy and that the weak economic data and slowing growth in Q1 is just the beginning.

Q1 GDP came in at 0.2% GDP, much weaker than anticipated.

Schiff explains the deflator aspect:

"The government always deflates nominal GDP by the inflation rate, because they want to take inflation out of the numbers to see what's really going on - that's real GDP."

Max Keiser and Stacy Herbert discuss central bankers running marathons...perhaps not quite fast enough for a QE-induced revolution.

Frank Holmes discusses weak retail demand for gold in Europe and North America in the latest Kitco interview from April 27th.

All eyes are on Wednesday’s Fed meeting. Holmes comments that, “It’s a trading pattern and it’s just going sideways waiting to see what happens with the U.S. versus Europe and Japan.”

Gary Wagner spoke to Kitco News late last week to talk about what key levels he is looking at for the gold market.

Alluding to the last "Chart This!" episode, Gary says he was looking for gold to breach $1,221 in order for him to become bullish on the market.

He commented that, “I said even in a bearish market we should see a bounce, and it wouldn’t surprise me to see the market to go to $1,221.” However, Gary now says gold’s key resistance level stands at the $1,200 mark.

Gold was up $7 an ounce to $1,186 Monday morning.