The 1980’s ushered in “Reaganomics”, “Star Wars Defense Programs”, Keynesian Economics and the FED’s perpetual lowering of interest rates to solve all problems. As such, spending went through the roof and has continued unabated for 30 years to land us in the mess we find ourselves in today!

Given the conclusions of the Gold Commission and the following reckless spending programs of the US government, a sensible person would ask if it was all done on purpose. Let’s examine that theory further.

The ***footnote from Mr. Costamagna at the bottom of page 21 recommended that within 3-5 years a new Gold Commission should be appointed. This never happened but it exactly corresponded with the 1986 introduction of the Gold and Silver American Eagle Coinage Program as well as the appointment of Alan Greenspan as the Chairman of the Federal Reserve (you must read… Maestro Greenspan’s Magnum Opus!).

It was Reagan who originally appointed Alan Greenspan, the world’s most outspoken gold bug, as head of the Federal Reserve Bank in June 1987.  In Lou Cannon’s book “President Reagan: The Role of a Lifetime” Cannon claims that 3 days into his Presidency, Reagan startled the Secret Service by walking out the White House front door and down Pennsylvania Avenue to the Treasury Building to have an impromptu lunch with then Fed Chairman, Paul Volcker. Almost immediately Reagan stunned Volcker by saying “I’ve had several letters from people who raise the question of WHY we need the Federal Reserve at all. They seem to feel that it is the Fed that causes much of our monetary problems and we would be better off if we abolish it.”

Two months later Reagan narrowly escaped an assassination attempt by John Hinkley, Jr. (see Bush Family connections) and in September, Public Law 96-389 was passed to establish the Gold Commission. In my option, Reagan was at war with the banking cabal much like Kennedy was.

On June 4, 1963 President John F. Kennedy signed Executive Order No. 11110 that returned to the U.S. government the power to issue currency, without going through the Federal Reserve.  Kennedy's order gave the Treasury the power "to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury." This meant that for every ounce of silver in the U.S. Treasury's vault, the government could introduce new money into circulation. This single order would have destroyed the vice grip the banks have on the US monetary system and lead us back onto the road to prosperity with sound money.

Kennedy was assassinated on November 22, 1963, and in July 1965 Lyndon B. Johnson reversed Kennedy’s monetary vision by removing all silver from the coinage of the United States. When Nixon removed any US dollar gold backing in 1971 the game was on to totally devalue the US Dollar.

Where are we today?

I believe we are in the final stages of the long delayed implementation of the Gold Commission’s recommendations. Clearly, with today’s reckless government spending “reasonable price stability and confidence in our currency” has been destroyed forever… at which time the Commission recommended returning to the Gold Standard.

On Thursday the House Financial Services Committee passed Ron Paul's "Audit the Fed" bill and it will be part of the Financial Regulation Bill likely to pass in early December 2009.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a27_ZNGlQpNs

The Federal Reserve is hiding $Trillions in losses, massive financial malfeasance and illegal money creation/lending to foreign banks. Although the audit itself would destroy the global monetary system, I believe it was included in the Financial Regulation Bill to clean up the mess AFTER the imminent banking crash.

The timing of this is 100% consistent with the other factors that will lead to the destruction of our debt based monetary system. Please review my article Ducks in a Row that lists those other factors.

We should all keep a close eye on the actions of those people who, I believe, are trying to orchestrate the return to a Gold Standard. These are just some of the “Good Guys”:

Ron Paul – Senator on the original Gold Commission and in 1982 wrote the “Minority Report” attached to the Gold Commission Report advocating the immediate return to the Gold Standard… Ron Paul is a true American hero.

Barney Frank – Member of the Committee on American Eagle Coin Act of 1982 and recent vocal opponent of the Federal Reserve System.

Diane Feinstein – Leading charge to reform the CFTC and responsible for hiding vast US gold deposits for the American people at Chocolate Mountain.

Michael Mukasey – Former Attorney General leading the legal battle against the banking cabal after years of having to watch the US legal system be destroyed by planted corrupt judges, unconstitutional rulings and illegal intimidation.

Alan Greenspan – 1960’s computer expert and financial genius appointed to President Ford’s Council of Economic Advisors in order to rig the gold and currency markets with computer trading programs thus extending the duration of fiat money.

Paul Volcker – It’s a long shot but I think he’s some kind of double/triple undercover secret agent who was on the side of the US people all along. Volcker taught the US how to control “floating currencies” in an un-backed fiat monetary system. I expect him to play a major role in the post crash recovery.

Warren Buffett – Only a hunch but since he notoriously hates Wall Street and his father was a gigantic advocate of the gold and silver standard…I’ll go out on a limb with this one. Again, time will tell.

Those are my thoughts at the moment. Keep an eye out for the good guys and be prepared for major chaos in the days and months ahead.

One more thing, the picture at the top of this article is from the Federal Reserve Bank, Boston 2007 booklet “Banking Basics” that was originally released in 1987. The new version has pictures of a woman trading gold in for cash, a boy putting gold coins into a piggy bank and another woman standing in line at an ATM with a stack of gold coins to deposit…can they make it more obvious?

May the Road you choose be the right Road!

Bix Weir (see Trial Subscription offer below)

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 TRIAL 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.
 
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) arising out of or in connection with any use or reliance on the information or advice offered. The user must accept sole responsibility associated with the use of the material offered, irrespective of the purpose for which such use or results are applied. The information offered is no substitute for financial advice.

-- Posted Friday, 20 November 2009 | Digg This Article