Sunday, September 30, 2012

CFTC would not CAUSE the crash but rather be in position to try and restart the markets after the crash

    Hello All:
                      Thought you might want to hear what BIX has to say.
                                   God Bless  Love to all Smile Red rose Red heart  


From: bix@roadtoroota.com
Date: Sun, 30 Sep 2012 10:20:38 -0400
Subject: No - The Bad Guys Will Not Just Roll Over And Die!

 
Everybody and their mother has sent me the Federal Judge decision throwing out the Position Limit Rule. Here it is...
 
 
My take...you didn't think the Bad Guys were just going to roll over and die did you?!
 
I have always held that the CFTC would not CAUSE the crash but rather be in position to try and restart the markets after the crash. This has been my take for the past 4 years and this ruling is further confirmation that this is the case.
 
So should you be discouraged? NO! As a matter of fact - it is VERY significant that the Position Limits Rule will be further delayed at this time because it won't be blamed for the market chaos that is right around the corner. One computer program triggered raid by the Good Guys or the Bad Guys and everything resembling "computer wealth" is destroyed. Today's computer generated "money" is the absolute WORST form of money in the history of the world! Imagine...people think their electronic bank balances are VALUABLE when their bank is insolvent! This is worse than those who believed that  tulips were the best store of value in the Tulip Bubble! 
 
Expect MASSIVE volatility in the markets (especially silver!) during October. The take down is directly in front of us so be safe. Keep your metal OUT of their system.  No ETF's, no 3rd party storage, no safe deposit boxes - none of it. Count your wealth in OUNCES and not US Dollars.
 
Metal in your pocket will be the best, if not only, monetary asset that will survive the crash.
 
May the Road you choose be the Right Road.
 
Bix Weir
 

1 comment:

Anonymous said...

Expect market volatility in the silver market? Seems to me Bix Weir and the other silver gurus claimed silver was going to explode in October. None the less, keep stacking during the downside.