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Before launching
into my latest Road to Roota article I'd like to
extend a special invitation to all gold and silver bugs. For the past few
years I have run a very private newsletter for followers of my Road to Roota
Series.
There were very good reasons to keep this newsletter private but I have
decided to officially offer it to the public in a newsletter called the
"Road to Roota Letters".
This email based
service focuses more on the conspiracy side of the gold and silver
manipulation story without the constraints of generally accepted market
views. The content analyzes the maneuvers of the banking cabal as well
as the status of the return to the gold standard.
Although this is a
subscription only service, I am offering a FREE TRAIL to anyone who wants to
receive it until January 1, 2010.
If you wish to
receive this newsletter for the trial period email
me at: bixweir@gmail.com.
Bix
The Rising Coiled Spring
The coming volatile
price action in gold and silver should not be a surprise to those of us who
believe in gold and silver market manipulation. The COT short positions of
the "commercials" are at extremes and the computer programs run by
the banking cabal are still in 100% control of the prices… but times
are changing! Of course, I can hear your screams...BUT WHEN? WHEN IS IT ALL
GOING TO CHANGE? I really don't know but I think we are VERY,VERY close. The signs are appearing everywhere. For
example, on Tuesday Bart Chilton of the CFTC said in "early
December" they will implement position limits. Adding and enforcing
reasonable position limits is like putting handcuffs on the Commercial Shorts
that rig the COMEX! Here is the Reuters article:
WASHINGTON (Reuters) - The Commodity Futures
Trading Commission is moving toward adopting a proposal in early December to
rein in excessive speculation in energy markets by setting hard limits on
positions investor entities can hold in a contract.
Bart Chilton, one of five CFTC commissioners,
said until a draft is completed it will be difficult to determine where the
commission stands as an entity, but there is a broad understanding "that
there are issues that need to be addressed and that doing nothing is not an option."
"I think there will be" position
limits, Chilton told Reuters in an interview.
"I don't want to prejudge where we'll be specifically but if I
had to guess where we'll come out ultimately I believe that there will be
hard position limits ... for energy commodities and for other physical
commodities" such as metals, he said.
http://www.reuters.com/article/ousivMolt/idUSTRE5A95K220091110
For those of you who
read Road to Roota
II you might
remember that Bart Chilton is one of the good guys fighting the market
manipulators. Just after his CFTC Commissioner position was confirmed by
Congress, he had a long heart to heart with Senator Diane Feinstein (D) (of
the hidden gold at Chocolate
Mountain fame).
I believe they discussed issues related to the long term manipulation of gold
and silver and the preparations being made to return to the gold standard in
the US. Every statement and enforcement issue that Commissioner Chilton has
been involved with since his appointment has been focused towards the goal of
ending the long term manipulation of commodities on the COMEX... basically,
he's doing the job of a CFTC Commissioner that should have been done for the
past 30 years! He even met with Bill Murphy of GATA and was engaged and
interested in claims of gold market manipulation!!!
Do not underestimate
what could happen here with gold and silver. By now you should be hunkered
down with your physical hoard of metal ready for hyper volatility…up or
down. The higher the price rises, the more the "market experts" say
it is overbought and unsustainable which drives “smart investors”
away to wait for a pullback. There is still a huge FLOOD of money about to be
thrown on the tiny gold and silver markets.
The reality is that
the current price rise is being slowed and manipulated by the banking cabal.
They are trying to keep the excitement down so as the prices rise the short
position of the price manipulators grows. I like to think of it as a RISING
COILED SPRING that will one day blast off from a higher and higher price
point. Of course they can still orchestrate price slams using their computer
trading programs (terrifying for the innocent gold investor who doesn't
understand the game) but when the dust settles they always return to shorting
into a rising price environment... tightening the spring as the prices rise.
I have been getting
questions about the true “Fair Market Value” of gold where we
stand today. This is a tricky question because it depends on what you are
judging gold against. The most obvious metric would seem to be the US Dollar
but what is the total population of US Dollars in the world? Should you
believe the US Government when they post M0, M1 or M2 money supply numbers?
There’s no need to even discuss why they removed the M3 figure!
There is more and more “talk” of FACTORIES around the world
that print US $100 bills by the truck load. Think about it… is it
illegal in Iran or Russia to set up a factory to print billions of US
Dollars? Ha! Who’s going to enforce US Law in Iran or Russia?! Shame on
you for thinking paper is money!
The reality that
very few understand is that nobody knows how many US Dollars (or derivatives
thereof) are circulating out in the world today so defining the "Fair
Market Value" of gold and silver using that metric is bound to be wrong.
I stand by my prediction that Central Bankers around the world will one day
PRINT FIAT MONEY FOR THE PURPOSE OF BUYING GOLD AND SILVER so the price of
gold is only constrained by bankers ability to create money (or computer
blips) out of thin air.
So what’s the
answer to the question?
The
“Fair Market Value” of Gold in terms of fiat currency is
INFINITY!
May the Road you choose be the right Road.
Bix Weir
Also
by Bix Weir
For a limited time free
subscription to the Road to Roota Letters email me
at: bixweir@gmail.com
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.
DISCLAIMER: The Road to Roota newsletter
focuses on the conspiracy side of the gold and silver market without the
constraints of generally accepted market views. Bix
Weir and all those associated with this newsletter disclaim all and any
guarantees, undertakings and warranties, expressed or implied, and shall not
be liable for any loss or damage whatsoever (including human or computer
error, negligent or otherwise, or incidental or consequential loss or damage)
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