It’s time to get a little perspective on “Operation Jade Helm 15″ and the coming monetary meltdown…
How much gold does China’s Central Bank/Government currently own? How much will they admit to owning when they update their holdings in June? Estimates of China’s gold holdings range anywhere from 4,000 tonnes to 40,000 tonnes. No one knows how much gold they will report, but it is highly probable that the number they do report is a number that they want the mainstream world to believe and there’s probably a lot of thought that has gone into masterminding this disclosure.
Will the official updating of China’s gold reserves trigger the beginning of the end for the current financial system? When the derivatives induced collapse gets rolling, Bix Weir states:
“When the bond market collapses it will make the stock market crash look like a day at the beach.“
Bix Weir joined the SGTReport for a MUST LISTEN interview discussing JPM, silver, Christine Lagarde’s cryptic speech on the Magic Number 7, the Shemitah, and tying it all together on the potential for a MASSIVE economic collapse this September!
JP Morgan is acquiring physical silver in staggering amounts. According to Ted Butler’s research, JPM is massively long on PHYSICAL silver to the tune of roughly 350 MILLION OUNCES which JPM has taken delivery of over the recent past. Bix says, “Don’t forget they are the custodian of the SLV silver etf. It might also be that they have been ponying up false numbers in SLV and are having to load up the coffers because something very big is coming down the line.”
On Christine Lagarde, her magic number 7 speech and the seven year cycle of the Shemitah, Bix says: “We’ve got to remember who runs this financial system and who has the power to pull the plug. And it is these elite bankers such as Christine Lagarde. And obviously her speech about the magic number 7 was eluding to the Shemitah and the 7-year cycle… But this year the Shemitah is the seventh 7-year cycle so it’s an even bigger one, and according to the powers that be in the Jewish religion, this is the year of jubilee where all debts are forgiven… they could very easily pull the plug right around that time of September of 2015, so that’s the reason to look out for this coming September...”
The silver market is broken and has been broken for a long, long time.
It is silver derivatives and computer trading models introduced in the 1970’s that really started to distort the market value and it has never been more distorted than it is today.
Hundreds of Billions of silver derivative ounces are transacted by the bullion banks every year to steer and control the price of silver. This volume of silver trading dwarfs the tiny physical silver market that only provides a few hundred million ounces of physical silver to the market annually for investors to buy.
Those of us who know this to be true have tried to position ourselves such that the wide ranging price dynamic would not effect the position we took to take advantage of the inevitable price spike that must happen AFTER price manipulation ends… Because we knew the price riggers could place the price of silver derivatives at $0/oz or $1M/oz with a click of a mouse it was the only way to ride out the manipulation.
So that’s what we have done and now we sit and await the END of this manipulation. We all knew it would be chaotic and produce very extreme pricing swings (as we are seeing now with sub $20 silver) but we knew it must end.
That is were we are now:
This song goes out to the bank with the big ole gigantic naked silver short…
“I do believe it will be this year that they end the manipulation and end this monetary system. . . . . You can see it happening already in Europe. It won’t take long when the Greeks say okay Germany, we are done with you. . . . That whole system will go down, and that will come to the United States.”
Bix Weir from Road To Roota joins the SGTReport to talk about American silver eagles [the only remaining form of U.S. government issued REAL MONEY in the United States], crumbling derivatives, criminal banks, false flag terror and…Game of Thrones.
Bix Weir’s full interview with the SGTReport is below:
The “new” Silver Fix is nothing more than Banksters bidding against Banksters on a phantom electronic market, says Bix Weir from Road To Roota.
After the first day of the “NEW” Silver Fix, it’s clear that it’s nothing more than a bad joke. Bix says, THE FIX IS IN AGAIN!
Bix continues, “But it shouldn’t matter to us because we are watching what happens to the silver derivative contracts that are still outstanding and are supposed to settle at the “Silver Fix”… which doesn’t exist anymore.”
WHERE IS THE PROMISED TRANSPARENCY??? WHERE IS THE PHYSICAL SILVER BEING EXCHANGED??
WHERE IS THE OVERSIGHT AND REGULATORS MAKING SURE EACH BID IS REAL AND EACH OFFER TO SELL HAS DELIVERABLE METAL…THAT WILL GET DELIVERED?
WHY IS IT SO HARD TO SET UP A PHYSICAL SILVER MARKET?
We are approaching another “I told you so” moment.
Word is that just one day away from the end of the “Silver Fix” and the implementation of the new “London Silver Price” there are still no major participants and no information on how the new system works.
The plan all along was to destroy the pricing mechanism for silver!
There is no physical silver market. There never has been…so how can these new “London Silver Price” fixers even fake that there is any legitimacy at all in the pricing of silver? Oh, they will try but they will fail miserably.
The TRUTH lies in a much more sinister operation yet completely obvious…
The end of the silver derivative market and the claims of “Force Majeure” by the Silver Shorts due to the chaos caused by the switch over to the new benchmark.
The International Swaps and Derivative Association (ISDA) published their position on the changing of the “SILVER-FIX” with the new “LONDON SILVER PRICE” and the ramifications are earth shattering for silver derivative holders:
WHAT WAS ANNOUNCED WAS A SHOCKING “GET OUT OF JAIL FREE” CARD FOR THE SILVER DERIVATIVE SHORTS AND GUARANTEED TO THROW THE SILVER DERIVATIVE MARKET INTO CHAOS as none of the silver derivative contracts are legally binding after the London Fix ends August 14th!!
While the criminal conspiracy to FIX silver and gold continues, and as the criminal cartel dumped $2.3 BILLION IN FUTURES in 5 minutes Tuesday, causing gold to plunge back below $1300 — down more than $40 in just a few trading sessions, Bix Weir joined the SGTReport for his take on the “end” of the London silver FIX – and the current state of the CRIMINAL CONSPIRACY to FIX silver and gold.
Bix Weir is a tireless advocate for manipulation-free gold and silver markets. Weir says, “They are printing money, and the reason to control the price of gold is to control the perception the U.S. dollar is a sound currency.”
The manipulation game is not going to go on much longer. Weir proclaims, “We’re at a point in our system and in the manipulation where people within the Fed and within our government are ready to pull the plug on the game and basically crash the system.” Weir goes on to say, “You’re looking at a complete wipeout of all debt in all banks, all virtual assets, virtual assets meaning electronic blips on a 401k statement and checking and savings accounts.” The reason, according to Weir, is simple. He says, “We are the biggest debtor nation in the world. If we collapse the debt now and erase all debt, we win.” When could it all start to fall apart? Weir predicts “the August-September time frame.” Join Greg Hunter for this controversial interview with Bix Weir.
The past few years of silver smashing has been all about letting JP Morgan extract themselves from that Silver short hot potato. That’s why the CFTC has not filed charges against them (yet) for silver manipulation. That’s why the banking cabal has sat on the price of silver this whole time. That’s why Citibank added $7.5B in OTC silver shorts. That’s why sentiment in the silver market has never been worse.
It’s all about extricating JP Morgan from the silver short position they were likely REQUIRED to take on by the US Treasury after the collapse of Bear Stearns.
So knowing what is happening it might not be surprising to you that during the 1st Quarter of 2013 JP Morgan has INCREASED their physical silver holdings in SLV for their own account by 500%!
Bix Weir joins the SGTReport to talk about the coming collapse of the Western banking system. Bix says the overt criminality we’ve seen in Cyprus is just a sign of the bad things that will be unfolding EVERYWHERE soon. We also discuss the New World Order and the Elite’s plan for a one world government – a CRIMINAL world government led by the same criminal Banksters who are destroying the financial system and who are hell bent on ending the sovereignty of every nation on earth. We also talk about the awakening of the patriots who stand opposed to their evil plan.
Exclusive footage of David Morgan discussing silver with Bix Weir at the recent Silver Summit. (Clip also begins with footage of Morgan’s Silver Summit entry tossing Benjamen’s into the crowd Bernanke helicopter style).