-- Published: Monday, 20 February 2017 | Print | Disqus
Show Highlights
Making his debut show appearance, Bix Weir of RoadtoRoot-A discusses his silver market research efforts.
Due to financial derivatives and sophisticated algorithms, the Fed / Treasury control the PMs markets.
The former Head Chairman, Sir Dr. Allen Greenspan wrote the first Root-A program at the Fed.
Bix Weir claims that Dr. Greenspan's programs underpin the PPT manipulation schemes.
Fans of the hit USA Network TV series, Mr. Robot may draw parallels between the protagonist, Elliot Alderson.
While many researchers claim the Comex gold / silver is 100:1, our guest identifies a more accurate figure of 2,000:1 paper to bullion.
The resulting non-transparency will eventually be embraced by investors, sending the metals to their natural equilibrium levels.
The true silver supply situation implies a substantial value opportunity - although the gold / silver ratio is near 70:1, the empirical ratio is 1:1.
The market could approach a chaotic tipping point - in 2016 100 billion paper ounces of silver were traded although only 50 billion ounces were ever mined!
The LBMA claims over 129 billion ounces traded; a mathematical impossibility resulting from paper money schemes.
Both guests this week agree with the host that the US Treasury operates under the table, vis-à-vis the PPT to subdue the PMs.
All silver ETFs and proxies remain mere proxies based on the fractional reserve system, magnifying the investment risks associated with rehypothecation.
The resulting threat to the global financial system is many times larger in scale / scope than the combined impact of MF Global, Bear Stearns and Lehman.
Bix Weir plans to hold silver until market manipulation ends.
A convincing case is made for 1:1 gold / silver making the theoretical value of silver is at least $1,300+, a 100 fold relative discount to current prices.
Even the mainstream press is starting to acknowledge the risks posed by market manipulation schemes, in particular, in the PMs sector.
Bitcoin GBTC is one of the few remaining de facto free markets, for the most part, as institutions have few short-selling options available.
As enticing as Bitcoin appears on paper, threats to the blockchain structure could lead to an exodus of funds into the PMs.
Evidently, 3 fold the annual gold production was sold in the market during the US Presidential election, evidence of market manipulation on a grand scale.
Our guest proposes that the US Treasury is operating vis-à-vis the Exchange Stabilization Fund / PPT, to subdue the PMs to maintain US dollar hegemony.
Policymakers are slowly recognizing that Bitcoin and related alternatives represent a modern example of Gresham's Law.
Bitcoin is emblematic of the end game of the neo-Keynesian economic system.
Will the fiat currencies eventually succumb to Bitcoin, the only unencumbered currency in circulation?
Rob Kirby suggests that the rise in popularity of Bitcoin stems directly from global distrust of central banking operations.
Rob was born in 1960 in Halifax, Nova Scotia and moved to Toronto, Ontario with his parents when 11. He received his post secondary education at York University [Economics] in Toronto. When he finished his degree, he went to work in the financial district [Bay St.] in Toronto. He worked on an institutional trading desk for most of the 1980s and right up until 1996. He also worked for 11 years at Prebon Yamane, an international inter-dealer broker of foreign exchange and interest rate products. He spent an additional year at another money/bond broker called Freedom Bond Brokers [which has subsequently been bought out by Cantor Fitzgerald], then spent two years at Garban Inc., another inter dealer bond brokerage in Toronto - and left the industry in 1996.
He started writing in 1997, and was involved in a number of entrepreneurial pursuits from marketing Buffalo meat to a part time stint in the giftware business. In 2002, he went to work for Investor's Group, the largest Mutual Fund Company in Canada. He worked there up until September '04 when he resigned to write about the markets - and his book - from a "gold bug's" point of view.
ix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary is published at www.RoadtoRoota.com. Bix has dedicated his efforts over the last 15 years 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 has taken control of our free market system.
At RoadtoRoota.com Bix deals with the conspiracy and manipulation side of the gold, silver and financial markets and is not constrained by conventional thinking of how market prices fluctuate. Bix has developed this website to aid in the discovery of the truth behind our massively manipulated markets and to help expose those who threaten our free market system.
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