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On April 17-19, 2008 I was lucky enough to
participate in an event sponsored by the Gold Anti Trust Action Committee
entitled “GATA Goes to Washington – Anybody seen our Gold?”
The following are my thoughts, impressions, and a brief summary of the
conversations I had with a hand full of very bright individuals interested in
honest money and the end of the official manipulation of the price of gold.The People
Smart. Extremely smart. Ridiculously smart. You
really don’t know smart until you listen to Edwin Vieira talk about
“Gold as Money – Constitutional and Political Perspective and
Predictions” (www.gata.org/node/6244). I was blown away and it
didn’t stop there. If you want to become really smart spend 2 hours
drinking beer with Adrian Douglas talking about gold and his “Market
Force Analysis”.
Or have lunch with Benard
von Nothaus talking about the Liberty Dollar, all
the time looking over your shoulder waiting for the Feds to come slap the
cuffs on him (of course he wasn’t even flinching). Reg Howe,
James Turk,
Bill Murphy,
Chris Powell,
Catherine Fitts, John Embry and it just went on and
on.
These people are the smartest the world has to offer
when it comes to exposing the long term manipulation of the price of gold.
Forget what you read about in the mainstream gold media. It is useless if not
purposefully misleading when analyzing what is happening in gold. Someday, I
will look back at this event and be able to say “I was there. I saw it
happening. I participated in an event with a group of people who changed the world….for
the better”.
Ok, enough of that. Here is why I am writing this
article. During the course of the conference I had more than my share of
people come up to me wanting to discuss gold and silver manipulation because
they had read my articles and comments at LeMetropoleCafe
and believed, for the most part, much of what I was saying.
They wanted to know how I came to my conclusions, where
can they learn more, how did this all happen and most importantly…what
is going to happen in the future. It is a rare occasion in my life these days
that I can talk about this subject with people who understand the situation.
I mean…. they were actually conversant on the entire scope of the gold
market rigging operation!
I’m sure I learned more than they did from our
exchanges and it’s helped me crystallize my thoughts and convictions as
to what is happening now. The following are a few of the questions, topics,
challenges and my thoughts on the ongoing manipulation of the price of gold
(and silver):
1) “Bix,
you’re not a commodity expert, you’re not an economist and
you’re not really even in the gold business. Who are you, how do you
figure this stuff out and why should we believe what you say?”
First of all you shouldn’t
“believe” anything you hear in the gold markets…including
from GATA. “Belief” is what got us into this manipulated mess in
the first place. Use your own deductive reasoning. Search for all the
information you need to make your own informed conclusions.
As for me, I have a PHD in Gold Market Manipulation
from LeMetropoleCafe University. This is an 8 year
intensive educational program covering all aspects of world financial markets
including: economics, politics, banking, mining, government, legal, credit
and Constitutional freedom.
If you want this kind of education you can start by
going into the archives of LeMetropoleCafe.com and read every submission for
the last 10 years. You will not regret it.
As for a real job, I am in the equipment finance
business. I am in charge of setting future values of equipment 5-15 years
down the line. Twenty years of doing this makes you think differently about
valuation and probabilities. I am a trained equipment appraiser and a student
of “Scenario Planning” concepts.
(http://www.gbn.com/AboutScenariosDisplayServlet.srv). As for my passion for
ending the manipulation of gold….
I was born in The United States of America on the
July 4, 1964…
…it’s my patriotic duty!
2) Do you still believe in your “Road to Roota” analysis? Where are we on the “Road to
Roota”?
Yes, I believe more than ever. When I first
discovered this comic and figured out what it meant I didn’t really
understand the magnitude of what I had discovered. I still go back and read
the original analysis and I am amazed at the conclusions I had drawn and even
the things I had missed.
Parts 2 and 3 are really just supportive analysis to
the original thesis: That the US has readopted a gold standard and is
currently in the process of implementation. Read them yourselves and try to
disprove the ultimate conclusion:
Part 1
http://www.lemetropolecafe.com/Pfv1.cfm?pfvID=6007&SearchParam=road%20to%20roota
Part 2 http://www.lemetropolecafe.com/Pfv1.cfm?pfvID=6468&SearchParam=road%20to%20roota
Part 3
http://www.lemetropolecafe.com/Pfv1.cfm?pfvID=6650&SearchParam=road%20to%20roota
To me there is no hiding from the truth here. As far
as “Where we are on the Road to Roota?”,
I believe we are at the very end of the implementation process. We have
hyper-inflated the currency, we have helped China out of poverty and we have
improved the lifestyle of most in the United States. Any further continuation
of the implementation policy would prove extremely detrimental to our
citizens.
We are already seeing the negative effects with
middle class and poor losing their houses and jobs, personal debt is out of
control, municipalities are going bankrupt and there are dramatic price
increases in almost everything. This will all be wiped clean with the banking
collapse and the implementation of a gold standard.
After the implementation is complete (which is very
close now) there are a few other objectives that need to be satisfied: such
as destruction of the fiat money system (which we can all see happening in
front of our eyes) and the implementation and allocation of a new system.
So how are we going to do it? Why would the people
of the world accept gold as money? For it to work you need the “buy
in” of the people that it’s the best thing for them. You
don’t think people will ever think that way? Think harder. The $600
Trillion derivative explosion will leave NOTHING standing in the financial
markets. If people across the world lose everything overnight do you think
they will want a better system? You bet they will. But who will get what in
the new system?
In the comic, Roota
decides to allocate the “flowers” by age but there are other
methods. Here is a new “Lesson Demo” put out by the Fed Boston.
Read it and use your own cognitive reasoning to figure out what will happen.
If you want to know what the Fed Boston thinks about the future
implementation of the gold standard YOU SHOULD READ THIS ENTIRE HANDOUT!
www.vema.gen.va.us/conference/07handouts/Handouts2007/Turner-Gibson-wishes.pdf
Question #1 for older students:
1. What distribution system does Roota
choose, and why? Is this a fair
system? What other possible systems might she have
chosen?
“Roota decides to
make a list of everyone from the oldest Pebbleperson
to the youngest Pebbleperson. She distributes the
flowers to the Pebblepeople in the order that they
appear on the list. Roota’s distribution is
fair and ingenious. By using an allocation system that is based on seniority,
Roota establishes goodwill with an important segment
of society.
Meanwhile, those who must wait to receive flowers
are comforted by the knowledge that their turn will come. Finally, Roota’s decision satisfies her personal desire to
add color to her grandmother’s life. After
all, her grandmother, who first told her of Colorland
and who “dreamed of seeing…a flower’s softly tinted
petals,” will be one of the earliest recipients of a flower.
Other possible systems include: feudalism (so that
the flowers would belong to the nobility), auctioning the flowers to the
highest bidder, and making the flowers publicly owned and shared.”
I believe the US Economic Stimulus Package would
provide the United States with the perfect allocation system for distributing
a commodity backed currency. Everybody knows that if this payment is just a
normal rebate it would DO NOTHING to solve the problems with the economy. But
if it is part of the Gold Standard Implementation process it sure makes a lot
of sense.
(http://www.irs.gov/irs/article/0,,id=177937,00.html).
The other reason is the Stimulus Package is
connected to key members of “The Group” in charge of implementing
the gold standard. Again it is Dianne Feinstein and Barney Frank that fought
hard to include people that the Bush clan didn’t want
to….especially one “special group” as you will see below.
The payments will begin in May and according to the IRS these are the parties
that will benefit from it:
http://www.irs.gov/irs/article/0,,id=177937,00.html
· Especially for Social Security Recipients
Information for people who receive retirement, disability or survivors’
benefits
· Especially for Veterans Affairs Recipients
Information for people who receive pension, disability and survivors’
benefits
· Especially for Railroad Retirement
Recipients Information for people who receive Tier 1 Railroad Retirement
benefits
· Especially for Low-Wage Workers Information
for people who receive a wages, salary, tips, etc. or who are self-employed
WAIT! What is this? Why do “Railroad
Retirement Recipients” get any kind of special treatment here? Why not
Steel Workers, or Auto Workers, or Out of Work Bankers (kidding). Don’t
know?? Well I do.
Did you know that the largest gold deposit IN THE
WOLRD rests in the Mojave Desert at a place called Chocolate Mountain?
http://www.uhuh.com/1calfraud/stacks/bixman.htm
“Engineers allege that in 1981 and 1982,
Consolidated Goldfields, which owned the mine at the time, illegally drilled
into the gunnery range area to determine the composition of the ore body. The
samples proved to be of high quality.
According to these same engineers, beginning in the
mid-1980s, military helicopters brought high ranking military officers,
Congressmen and Senators to the area to examine these large gold deposits.
Congressman Bruce Vento (D-Minn.) was one of several
congressmen and senators who participated in these highly secretive
trips.”
Our friend in “The Group”, Senator Feinstien, was instrumental in securing (some say
stealing) this area in her 1994 Desert Wilderness Protection Act. And who
owned Chocolate Mountain prior to it’s confiscation? ….the Santa
Fe Railroad! It’s payback time friends J
This is why I stated in one of the GATA Washington
sessions that we are talking “days or weeks, not months or years”
away from the market crash and the end of gold manipulation. I know, this is
about as bold of a prediction as can be made, and I have no doubt that it
will probably be proven wrong before I ever release this article. If you sent
this scenario too the odds makers in Vegas they’d give it a 10 Million
to one shot. I’m also sure that folks like Jon Nadler will use this
“miss” to discredit the whole “Road to Roota”
thesis, but I really don’t care. I’m not a professional gold
analyst remember! And he’s a moron anyway J
One other thing, when you think about it any
implementation of a Commodity Based Monetary Standard COULD NOT be announced
ahead of time or gold, silver, copper, zinc etc. would stop trading at that
very moment. It is essential that as few people as possible are “in the
know” prior to its announcement. Upon announcement nobody would sell
and EVERYBODY would want to buy. The financial world would freeze. When ATLAS
SHRUGS you’d better be prepared as best you can for the upheaval.
There’s more to this. A lot more but you get
the idea. Be prepared the best you can.
3) Disagreeing with a legend…Why I think John
Embry is wrong on his conclusions about Alan Greenspan.
John Embry is a god in the financial markets. He
knows everything about the metals, the mines, the markets and making money.
He is hands down the best money manager in the world and 1,000 times smarter
than almost everyone in the business. All that and he is a really good guy.
That is why it was absolutely painful for me to
stand up in the questions session after his Keynote Speech at the GATA
Conference and disagree with his take on Alan Greenspan being on the side of
the banking Cabal.
I agree with EVERYTHING John said including the fact
that Greenspan has ruined the US Dollar and he will be the ultimate cause of
gold’s rocket to the moon except I, to this day, believe Greenspan did
it all on purpose. Again, here’s why:
http://www.lemetropolecafe.com/Pfv1.cfm?pfvID=6650&SearchParam=road%20to%20roota
From reading Greenspan’s book there are people
he liked and people he was not too fond of (the Bush clan, etc.). Knowing
generally who is in with the banking cabal it was made clear to me that he
was NOT on their side.
Also, I believe Paul O’Neill is a member of
“The Group” from his days working with Gerald Ford. In his book
“The Price of Loyalty” on page 226 Greenspan said something in a
2002 White House meeting on banking reform that, I believe, marks the moment
he decided to end the fiat money game:
“All asset values, after all, are just based
on forecast…” The group was following his every word, but the
chairman did not see in their gazes an outrage to match his own. He clapped
his hand on the table and raised his voice. ‘There’s been too
much gaming of the system until it is broke. Capitalism is not working! There
has been a corrupting of the system of capitalism’!”
Luckily, John and my disagreement on Greenspan may
all be solved in August 2008 with the release of Greenspan’s book on
paperback as it is rumored there are “a few
new chapters”. Maybe he’s gonna fess
up?
4) What’s your take on the Ron Paul campaign?
I love Ron Paul. He is a true American and always
has been. Ron Paul is part of “the Group” due to his connection
with Reagan and the 1981 Gold Commission, and I believe he has been chosen to
become the new President of the United States under a Gold Standard.
What other public figure in the world has openly
challenged the Military Industrial Complex and Banking Power Centers and has lived to tell about it? Listen to what he
say 7:50 into this interview as he explains “who we are taking on”.
http://www.ronpaul2008.com/video-network?channel=1&video=127
How does our friend RP get away with it? I know many
of you think the guy, Benjamin Fulford, who handed
down the ultimatum to Rockefeller is a joke. He surely is goofy, un-kept,
doesn’t speak well and can’t be taken seriously but watch this
video and you may think differently.
It is a video of him interviewing David Rockefeller
himself with a big, fluffy orange microphone in a crappy hotel room. Bizarre,
yes, but remember, David Rockefeller DOES NOT give
interviews…especially to someone who threatened to have him killed. Now
do you believe there is more to Mr. Fulford’s
story?
http://www.youtube.com/watch?v=b24ZuNyAckw
How will Ron Paul get elected when he’s not
even on the candidate radar? Well, if there is a derivative meltdown in the
financial markets there is no one else to turn to for President. When people
around the world wake up and their life savings have vaporized there will be
hell to pay. Ron Paul is the only candidate warning of this probability and
he’s the only one who has the answers.
As I said in one of the GATA Washington sessions,
“I recently made a bet with a friend that Ron Paul will be the next
elected president of the United States”…yes, another bold
prediction but then again I’m not a political commentator on CNBC. J
5) Have you heard from David Kass
at the CFTC? Do you think they will ever admit that there is manipulation in
the silver market?
No, I haven’t heard back from him and this
time I really don’t expect to. Manipulation of gold and silver IS A
REQUIREMENT of the fiat money system. The currency and gold/silver markets
have been 100% computer controlled since Greenspan implemented his market
rigging program in the 1970’s.
Manipulation will continue as long as we are off the
gold standard. With the large COMEX silver deliveries expected next week it
all may be a mute point. If I do hear from Mr. Kass
I will share his response with the Café.
6) Gold or Silver – Which one will do better
as an investment?
Silver….with a caveat. Silver should trade at
10-1 to gold (or if you think like Izzy Friedman
1-1!) and if you follow Ted Butler you know all the reasons why silver is a
much superior buy than gold at the moment.
There are ways that this may not come to pass and that
is if gold is “designated” as the only money to be used by banks
or silver is declared too valuable a resource and rationing controls are put
in place. In the case of gold you may see a print off to secure metal at all
costs. Silver will still rocket but both will quickly go to infinity in
dollar terms.
 What’s
your take on oil and the price of gold?
As discussed by John Perkins in “The Secret History
of the American Empire” Chapters 29 & 30 a high oil price IS
REQUIRED to keep the dollar viable as a fiat currency. Sounds counter
intuitive but since the US forces the world to buy oil in US Dollars, a
doubling in the price of oil in the last year meant the rest of the world
needs twice the amount of US Dollars to purchase that oil. With oil over
$100/barrel that’s over $3 Trillion US Dollars needed annually for oil
purchases.
Perkins explains how the US made sure that OPEC was
formed and forced the price of oil to rise to save the US Dollar. Read the
book…you will learn many more secrets.
All the talk about bombing Iran and the high price
of oil today is really about the Neocons trying to
stay on the US Dollar Oil Standard that had worked for them back in the
1970’s. Yes, oil is 100% manipulated by the computer programs just like
gold, silver, stocks, etc. I believe, Nancy Pelosi’s visit to Syria
last year was to deliver the message to the Middle East that the Neocons are not going to get their way this time.
9) What’s your take on the gold mining shares,
pooled accounts, ETF’s and other paper gold?
I don’t know….AND NEITHER DO YOU! That
is the problem. I don’t know if there will be nationalization. I
don’t know if there will be added royalties and taxes. I don’t
know if other nations will use gold and silver as money. I don’t know
if environmental regulations will make mining unprofitable. I don’t
know if the costs will continue to strip away profitability.
We’ve all seen how assets of
“unknown” value trade in the markets. Even though Mortgage Backed
Securities have an identifiable income stream from mortgage payments, the
fact that there are hidden problems, structures and unknowns has rendered
these assets close to worthless today. I do have a few mining shares that I
have certificated but they are only US based operations since I am a US
Citizen.
I do expect a return to the gold standard on a
global basis. Most gold investors only have a little physical gold/silver in
their portfolio in case the system blows, but if you think about it
….NOW IS THE TIME!
Own physical in your possession and do not monkey
around with the unknowns. On the other hand, it should be a good time to be a
skilled expert in the mining business because even if share ownership is questionable
or nationalized, expertise is still needed around the world to get that
gold/silver out of “deep storage”.
10) With computer programs having the ability to
manipulate any market, will there be free markets after the manipulations are
exposed?
I don’t think so. As long as computers are
participants in the financial markets there can never be a freely trade
market place. It would be great if an honest government regulator had a
surveillance program that could monitor it all but technology has shown us
there is always something better around the corner.
I expect all exchanges to either change rules to a
more physical system or close. Options, futures and other derivatives will
all stop trading when the financial markets crash. I do not believe they will
ever be reinstated in any form. They are of very little productive use and
subject to massive speculation and manipulation to the detriment of all
markets.
11) What happens after the crash? What will the
world be like?
I wish I knew. I do know that nobody. Not even those
of us at GATA are ready for this. It was very clear from my conversations
with people at the GATA conference that most do not understand the magnitude
of the financial meltdown potential. I beg of you all to read “Trillion
Dollar Meltdown”. Here is a review:
http://www.usatoday.com/money/books/reviews/2008-03-30-trillion-dollar-meltdown_N.htm
Two weeks ago Bear Stearns almost set off the
derivative neutron bomb and still GATA people barely have any physical and
are worried about their juniors and ETF’s.
WHEN THIS HAPPENS ALL FINANCIAL MARKETS WILL FREEZE. And I believe most will
never return.
12) Why don’t you open your own investment
consulting business?
I was asked at the conference if I would provide
consulting for an investor for a fee of $1,000 per hour. You know what I
said? “It’s not enough”. He laughed and asked me how much I
thought my time was worth? I told him the problem was not the $1,000 per hour
fee but the total billing potential. It only takes 10 seconds to say
“Buy physical gold and silver and that is
all!” J
13) What if you are wrong and the financial markets
continue to be manipulated?
I really do not want to think about it. You can look
up “doomsday scenarios” or “Armageddon” on the
internet and get a better idea of what might happen. All my faith is in the
“The Group”, their Silent Revolution and a return to the Gold
Standard.
ANYTHING ELSE
Yes, to all the GATA warriors….don’t give up the fight. Never give up the fight. This
is our time in history and we can take back our country.
And to Bill Murphy, Chris Powell and the
“GATA Girls”…
Great Conference…YOU ROCK!
Bix Weir
Bix Weir is a freelance author and analyst
dedicated to exposing the long term manipulation of the gold and silver
markets. He has worked closely with the Gold Anti-Trust Action Committee
helping to pull the curtain away from the Cabal of International Bankers that
have taken control of our free market system.
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