Keiser Report | Gold: Problems with Exchange for Physical | E1520

In this episode of the Keiser Report, Max and Stacy review the problems with the EFP (Exchange for Physical) contracts on the Comex. Those trying to exchange their paper for physical gold are having a hard time with settlement.

In the second half, Max interviews Chris Fenton, author of ‘Feeding the Dragon: Inside the Trillion Dollar Dilemma Facing Hollywood, the NBA & American Business’ . They discuss the tweet by the general manager of the Houston Rockets NBA basketball team that triggered a cultural and ideological war and billions of dollars in losses for professional basketball.

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In This Story: Houston

Houston is a large metropolis in Texas, extending to Galveston Bay. It’s closely linked with the Space Center Houston, the coastal visitor center at NASA’s astronaut training and flight control complex. The city’s relatively compact Downtown includes the Theater District, home to the renowned Houston Grand Opera, and the Historic District, with 19th-century architecture and upscale restaurants.

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In This Story: Houston Rockets

The Houston Rockets are an American professional basketball team based in Houston. The Rockets compete in the National Basketball Association as a member team of the league’s Western Conference Southwest Division. The team plays its home games at the Toyota Center, located in Downtown Houston.

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In This Story: Moscow

Moscow, on the Moskva River in western Russia, is the nation’s cosmopolitan capital. In its historic core is the Kremlin, a complex that’s home to the president and tsarist treasures in the Armoury. Outside its walls is Red Square, Russia’s symbolic center. It’s home to Lenin’s Mausoleum, the State Historical Museum’s comprehensive collection and St. Basil’s Cathedral, known for its colorful, onion-shaped domes.

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In This Story: NBA

The National Basketball Association is a professional basketball league in North America. The league is composed of 30 teams and is one of the four major professional sports leagues in the United States and Canada. It is the premier men’s professional basketball league in the world.

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In This Story: Paris

Paris, France‘s capital, is a major European city and a global center for art, fashion, gastronomy and culture. Its 19th-century cityscape is crisscrossed by wide boulevards and the River Seine. Major landmarks include the Eiffel Tower, the 12th-century, Gothic Notre-Dame cathedral and the Arc de Triomphe on the Champs-Élysées.

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In This Story: Russia

Russia, or the Russian Federation, is a transcontinental country located in Eastern Europe and Northern Asia. It extends from the Baltic Sea in the west to the Pacific Ocean in the east, and from the Arctic Ocean in the north to the Black Sea and the Caspian Sea in the south.

Russia spans more than one-eighth of the Earth’s inhabited land area, stretching eleven time zones, and bordering 16 sovereign nations. Moscow is the country’s capital.

The Soviet Union was dissolved in 1991 and since 1993 Russia been governed as a federal semi-presidential republic. Russia is a major great power, with the world’s second-most powerful military, and the fourth-highest military expenditure. As a recognised nuclear-weapon state, the country possesses the world’s largest stockpile of nuclear weapons.

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