Fwd: SILVER: Is It Time to "Get the Ball Rolling"?

Although I have pinpointed the September/October time frame for the Big, Big, Big Mega-Meltdown in my book, there is nothing stopping the Good Guys and/or the Bad Guys from getting the ball rolling now. As a matter of fact, I tend to think that both factions want to get this thing underway sooner rather than later.

Proof of this can be found in the Greece situation as they have just taken 650M Euro out of the IMF to pay their bill to the IMF only to have to replenish it in a month! This is equivalent to taking a cash advance on your credit card to pay one month’s interest on your now maxed-out credit card. What will you do next month?!

Greece Effectively Defaults to IMF Using SDR Reserves to Repay Fund
http://www.zerohedge.com/news/2015-05-12/greece-effectively-defaults-imf-using-sdr-reserves-repay-fund-1-month-countdown-begi
In sum: the IMF paid itself on behalf of Greece and will now be forced to pay itself back for paying itself later this month. Or, put differently, Greece has prepaid the IMF with IMF money it doesn’t have.
Meanwhile, Greek pensioners are set to adopt a similarly ridiculous self-payment scheme in a matter of weeks even if they don’t entirely appreciate the sheer insanity that’s taken hold in Athens. 
And just to prove how dire the situation now is, Market News just reported the following shocker:
- GREECE CASH RESERVES STAND AT APPROXIMATELY EUR 90 MILLION – EUROSYSTEM SOURCES The Greek endgame is now upon us.

END

Yes, this Greek Tragedy has been going on for years and many think the ball will be perpetually kicked down the road but there are signs that the End of the Road is very close. For one, it is clear that JP Morgan has used these last few years of delay to amass a MEGA Physical Silver position of what Ted Butler claims is over 350M ounces!

The Biggest Silver Haul in History – Ted Butler
http://www.silverseek.com/commentary/biggest-silver-haul-history-14401

“I believe this is the work of JPMorgan and represents the mechanism by which the bank has amassed the bulk of the 350 million ounces I claim it has acquired over the past four years.”

“The big buyer is exploiting a loophole in the law that requires the Mint to produce to whatever the demand might be. So JPMorgan artificially depresses prices via short sales on the COMEX and then requests that the US Mint sell it all the Silver Eagles it can produce. It doesn’t care if it is paying $2 over the spot price, JPM wants all the silver it can get its hands on.”
“With the cooperation from the federal government, JPMorgan was able to turn silver (and gold) prices sharply lower into year end 2008 and made well over one billion dollars as a result of falling metals prices. Thus, they were able to greatly reduce the short positions inherited from Bear Stearns. JPMorgan then repeated the process of selling short great additional quantities of COMEX short contracts on metals price rallies buying back those short positions when prices fell. JPMorgan’s profits from the short side of COMEX silver and gold, amounted to hundreds of millions and even billions.“

“I’m using the number of 350 million ounces as what JPMorgan has acquired, but the real amount may be in excess of 500 million ounces. I’m being somewhat conservative in saying 350 million ounces because I’m worried that those who deny that JPM has acquired any physical silver heads might explode if the number is closer to half a billion ounces.”

END

Do you see the the who, why, how questions being answered as to the long delayed price rise of silver? It should be very clear that those “in the know” are positioning for a major disruption in the highly rigged markets.

And if you’ve followed my work you will know that the SILVER MARKET is the most important rigged market of them all due to it’s low price, lack of availability and it’s absolute necessity in the functioning of our modern, high tech life style.

As the markets crumble into the summer it will become more and more apparent that this is not only the End Game but it is the FINAL End Game for the Bad Guys.

May the Road you choose be the Right Road.

Bix Weir
www.RoadtoRoota.com

PS – To understand all of the above you should ask a higher source…I did!

Buy My Book!

Silver, Gold, Bitcoin…and God! – by Bix Weir
http://www.roadtoroota.com/public/1530.cfm
NESARA- Restore America – Galactic News

Source: http://nesaranews.blogspot.com/2015/05/fwd-silver-is-it-time-to-get-ball.html