Jim Rogers' Globetrotting the CENTRAL BANK Corridor and Hilsenrath's FED Tasting Menu [PR.I E031]

Jim Rogers' Globetrotting the CENTRAL BANK Corridor and Hilsenrath's FED Tasting Menu [PR.I E031] Subscribe here for more Max Keiser & Financial crisis news: Here's what's in your Prime Interest today: Silicon Valley is heating up in the wake of the National Security Agency whistleblower scandal. The American Civil Liberties Union is now involved, attempting to reign in the NSA's alleged snooping. But several tech giants are being proactive as well. "Do-no-evil" Google is seeking permission from the U-S to disclose the volume and scope of Federal requests for customer information -- which Twitter officially "likes." But Facebook won't join the fray, asserting the disclosures would be vague and meaningless. And Facebook's CEO Mark Zuckerberg faced heat from shareholder's yesterday. Investors angry at the 40% drop in Facebook's IPO price grilled him for thirty minutes. When asked about the company's future profitability, the chief financial officer threw his hands up, saying, "I wish I had a crystal ball." And the subject of government surveillance did come up, and Zuckerberg reiterated earlier statements that Uncle Sam doesn't "plug in" to Facebook's servers. He really, really promises. Also, today we saw a lot of gyrations in the global bond, stock and commodities markets. Gold has taken a downturn after a 12 year bull run. In the United States, the Fed is hemorrhaging cash under a massive bond buying program with consequences that have yet to be seen. Japan is easing similarly, but on an even larger scale relative to their GDP. China's economy has slowed down after several years of "self-reported" steady growth. But what do we make of all this and what does it mean for the average consumer? Perianne speaks with the well-traveled Jim Rogers and author of "Street Smarts: Adventures on the Road and in the Markets." Plus the US keeps only a small part of its gold holdings with the Federal Reserve. The bulk is warehoused in bases, such as Fort Knox in Tennessee and West Point in New York. The military that safeguards the bulk of the nation's gold-- not the New York Fed. Today we look into the fine print of US gold holdings. Finally, the New York Fed published a paper on its website that calls for the US to seize underwater mortgages under the premise of eminent domain. They would then be refinanced with government largess, repackaged into new securities and sold to new investors, according to the Wall Street Journal. The kicker? The author of the paper, Cornell law professor Robert Hockett, once drew a paycheck from the very company that first pitched the idea, Mortgage Resolution Partners. Of course there was no disclosure of this until the WSJ made a few phone calls. Nice job, New York Fed! commodity price inflation forex currency trading fx currency trading euro converter exchange euros money currency currency rate currency converters money rate currency credit credit consolidation credit credit the capital card credit creditcard debit how do i get a credit report credit history report debit card credit rating investment capital capital investment free credit report credit line capital mortgage financial news cibc mortgage rates obama mortgage relief mortgage protection stock exchange what is apr online gold trading forex gold gold trade trade gold gold mine price of silver gold future gold funds keiser max kaiser forex investment investment forex online investment account bank how to investment funds bonds savings investments invest mutual fund mutual funds commodities hedge fund investment banking property investment investment banks finance yahoo, how to finance your money, finance 101, finance 101 wharton, finance 101 lecture, finance 1, personal finance 101, finance 240 sdsu, finance 201, finance 2014, finance 2, bitcoin finance 2014, finance 301, finance 5 program, finance 5, american economy animation, american economy collapse, american economy collapse 2014, when will american economy collapse, american economy documentary, american economy explained, american economy history, american economy may 2014, american economy shrinks, american economy today, how the american economy works, american economy 1950s, american economy 2014, global economy animation, global economic collapse, global economy documentary, global economy explained, global economy journal, global economy kagundu, global economy mean, global economy news, global economy outlook, global economy pdf, global economy ryan harvey, global economy reset, how does the global economy work, global economy zimmer, global economy 2014,