Sunday, February 28, 2016
Bix Weir-Mass Awakening Followed By Chaos
Gold and silver analyst Bix Weir says the next huge financial calamity all starts with “a mass awakening followed by chaos.” Weir contends, “People keep asking how will the people wake up? . . . . The moment that happens is when the banks fail, and they go to their ATM’s. . . . They are going to be very angry. . . . They will believe these banks will have stolen their life savings. That’s when people will wake up in mass amounts.”
When all this happens you should have physical gold and silver—especially silver. Weir explains, “Silver has been used as money for 5,000 years, even more than gold has been used as money. Above ground silver and above ground gold are about 6 billion ounces each—total. Why is there an 80 to 1 ratio in price of silver to gold? It’s the computers and the market rigging that has been going on since the 1970’s. . . .Silver will be the last released in manipulation because it is so important. It’s a national security issue. . . . The price of silver today in U.S. dollar terms should be one to one with the price of gold. After the shakeout it will be a 4 to one ratio.”
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When you say silver will be the price of gold, or even four times higher, what are you pricing it with? Dollars? If an ounce of silver becomes "worth" 100 dollars an ounce, when you use an ounce to buy a tank of gas, do they give you change in dollars and cents? What can you buy for an ounce of gold? If they give you change in dollars and cents, why not just continue to use dollars and cents?
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