Road to Roota Angle on Stuff
A lot going on in the Road to Roota world these days. I want to thank everyone for forwarding me all the "hot topics" that have popped onto the radar over the past 24 hours. Here's my comments taking into account the Road To Roota angle:
1) New $100 Bill Delay - Everybody is abuzz about this report from CNBC:
The Fed Has a $110 Billion Problem with New Benjamins
http://www.cnbc.com/id/40521684
Of course people sent it my way because of my article on the hidden meaning in new 100's
//www.roadtoroota.com/public/261.cfm
Road to Roota Take: Obviously this is old news. There is no "oh my god" factor left here. So WHY did CNBC want to bring it up again? I think it was to keep it fresh in our minds because the "transition" is close at hand! Of course the problems with the new 100's is a cover story but what I find very interesting is that they have NOT destroyed them but decided to warehouse them in two different facilities. They are also quoting a lot of unidentified sources. WHY?
Rest assured these bills are sitting in vaults just WAITING for the fiat monetary crash, the erasing all all the paper and electronic assets (sins of the past) and the introduction of the new Gold Standard in the US.
The only question left is WHEN!
2) Treasury Changing Gold/Silver Coinage Language
http://goldandsilverblog.com/gold-and-silver-treasury-secretary-public-demand-0124/
A lot of people are scared of the latest law that gives the US Treasury full control of coinage production in the US. Yes, this seems to give the Treasury the legal right to determine what metal goes into our coins and full discretion over the American Eagle program.
Road to Roota Take: Yahoo! Let's face it...they already took full discretion by limiting numbers with their "blank supply shortage" issues. Another way to look at this is that the US Treasury is PREPARING to go back on a gold and silver coin standard and has to be able to control the volume of the new "legal tender". Unlimited minting of Gold and Silver Eagles when we are on a gold/silver standard would likely throw the entire plan out of whack.
Now those of you who are worried that the new limits on American Eagles will lower the price of silver...think harder. What happens when you can't buy Silver Eagles? When I wanted to buy some back when they stopped making them the last time I had to buy silver rounds instead...meaning, I took EVEN more silver off the market because of the high premiums on Silver Eagles! The stoppage of American Eagle sales increases the sales of silver rounds by the premium difference thus driving up overall demand for silver and lowering the supply available.
THERE IS NOTHING MORE BULLISH FOR THE PRICE OF SILVER THAN LIMITING THE SILVER EAGLE PROGRAM!
3) CFTC Delay Of Position Limits
Thanks to everyone who wrote in to the CFTC about delaying the position limit discussion. DON'T LET UP! Keep sending them letters until your fingers hurt! I have been cc'd on many of the letters and they should go a long way in forcing the issue.
Will it work? I don't know. Obviously, there are other, much larger, issues at play here. The biggest of which is BLAME for the implosion of the financial system. The last thing the Good Guys want is "over regulation" to be blamed for the fiat money system crashing so it may well be that the CFTC holds off for a bit.
But your letters, emails and faxes continue to support the cause so KEEP IT UP!
4) Multiple Attacks on JP Morgan
Road to Roota Take: It is clear to me that the Good Guys want to place the blame where is should be placed...on the shoulders of the Banking Cabal. Here's just a few of the articles and videos released lately:
//www.youtube.com/watch?v=Gl47z2g2EvI
http://www.huffingtonpost.com/2010/12/05/jamie-dimon-profile-misse_n_792276.html
//www.youtube.com/watch?v=gXt_Tx93940
So the world is finding out about how evil the head of the Banking Cabal is and they are also being given the SECRET SILVER BULLET to take them down. Millions now know that the simple task of BUYING SILVER will destroy the entire banking system and all those who control it. The ANGER is gaining momentum around the world and the next "problem" we encounter with our big banks will land squarely on the shoulders of Jamie Dimon and Blythe Masters of JP MORGAN!
Now just think for a minute about the RAMIFICATIONS of a JP Morgan implosion. Will ANYTHING financial be left standing after the LARGEST ELEPHANT IN THE DERIVATIVE CHINA SHOP is blown to bits?
I don't think anything will survive the crash.
5) The Dec 7th Bank Run
The Eric Cantona Bank Run has gone viral and global. Banks and governments around the world are making statements of how "irresponsible" it is.
http://www.nbr.co.nz/article/cantona-kicks-own-goal-with-bank-run-plan-financiers-say-134246
Road to Roota Take: BRAVO CANTONA! I don't know if there will actually be any full on bank runs (most likely the banks have stocked up on cash just in case) it does accomplish a VERY IMPORTANT thing...EDUCATING THE SHEEPLE! The world is awakening to the fractional banking fraud and the more that know the secrets the faster we can rid ourselves of these evil banksters.
Of course removing all your money from banks, brokerage houses, mutual funds, etc is nothing new to the Road to Roota followers. Just the thought of someone calling an "electronic or paper asset" true asset will likely be laughed at in very short time. Electronic assets are but a mere 30 years old where as gold and silver assets go back thousands of years.
If you have been following the Road to Roota you are ready.
If not...make yourself ready!
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May the Road you choose be the Right Road!
Bix Weir
