Get Silver Now!...and Get Some Bitcoin!
Over the past 13 years I have tried to relay what I have learned in my quest to End the manipulation of both gold and silver and remove the Banking Cabal from their position of absolute power over our lives. It has been an amazing journey filled with highs and lows as well as wins and losses...and the war continues. Everyday the battles intensify as we move closer and closer to the ultimate victory over the Bad Guys.
I have solidified and refined my investment portfolio over they years such that now it comes down to WHAT financial assets I think will best survive the the final collapse of the Global Fiat Monetary System.
My answer: Physical Silver and Bitcoin
- Silver because it's rare, it has a history as money, it's necessary for our modern electronic age and it's massively manipulated to the downside...but the silver story is very different than the gold story.
Here's what I see happening to silver vs. gold:
Melt the Witch 2014
//www.roadtoroota.com/public/136.cfm
- Bitcoin because it has amazing utility as a transfer of value from person to person outside of the banking system, it is very hard for anyone to manipulate, it is nobody's debt so it will survive a banking/derivative meltdown, it is already being used and adopted by tens of thousands of thousands of people and it is so NEW to the currency markets that NO BIG PLAYERS have any...but they will all WANT it!
Here's my take on Bitcoin and how to get involved:
Interview: Bitcoin, Gold and silver Will Survive the Implosion
//www.roadtoroota.com/public/1309.cfm
Oh...to Bitcoin Haters...
People have asked me why some of the stalwarts in the gold and silver space who understand why gold and silver are so important for our financial future keep denigrating Bitcoin. They call the Bitcoin phenomenon "a bubble" even though Bitcoin has almost all the characteristics of what they consider sound money (portable, divisible, durable, scarce, medium of exchange...even a store of value!).
I believe it is their basic misunderstanding that something NEW can possibly come into play as it relates to forms of currency. For centuries we have seen the interplay between those who want to change and control money for their own benefit vs those who want physical gold and silver only to be used as money. Every time the new invention of money (Mississippi land deeds, paper money, electronic fiat, etc) has lost out to gold and silver. Every time.
So it's understandable that "hard money" advocates are skeptical when they see something brand new come onto the scene and start being adopted as a means of exchange by the masses. Their knee-jerk assumption is that this "new currency" will suffer the same fate as the old "new currencies" that failed miserably.
But Bitcoin has one very important characteristics that those other metal alternative currencies did not. Bitcoin can't be over produced. That was the main problem with most of the other alternatives to gold and silver and that's the problem with our monetary system today. There was no control to stop the over production of the new currency and human nature propelled man to mass produce them to the point of their ultimate destruction.
With Bitcoin, that is not possible. No more than 21M Bitcoins can ever be produced and everyone involved in the Bitcoin mining and transaction process makes sure that remains the standard. That's how the Bitcoin protocol was written and that's the way it will remain until the last coin is mined in the late 2030's!
Ultimately, Bitcoin users won't care if the rest of the world comes on board. They will continue to mine Bitcoins, confirm and authenticate transactions and use the only sound long-distance peer-to-peer alternative to the central banking system. Businesses that offer Bitcoin as payment will reap the rewards as companies flock to expand their sales networks. At first companies like Amazon, Apple Computer, Dominoes Pizza, etc. will trade in their coins for fiat money but soon they will hold those coins as their value increases with continued mass adoption of the new currency.
The future is clear in my mind and it goes something like this...
1) The long expected Global Fiat Monetary Crash hits.
2) The Banking Cabal is destroyed by their derivative implosion.
3) Silver manipulation ends sending physical silver to the moon.
4) Bitcoin is one of the few viable methods of currency exchange left standing.
So all you Bitcoin non-Believers - It is time to let down your guard and embrace the future of money.
Bitcoin and Silver will Melt the Witch!
May the Road you choose be the Right Road.
Bix Weir
www.RoadtoRoota.com
