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Bitcoin, Gold and Silver Will Survive Global Implosion Bix Weir July 2016

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https://www.youtube.com/watch?v=RGQwRCfs6C8

Bitcoin, Gold, & Silver Will SURVIVE GLOBAL IMPLOSION Bix Weir.

According to Bix Weir where we are right now in terms of Stock Market Fraud is that our Pensions are being raided and depleted to settle the debts related to Deriatives. Yes it is that serious and that fraudulent right now not in the future and not in 20 years, but right now. Banks have so called “Super Priority” in terms of Debt Settlement and we can only wonder how much of the Pensions will be left when these Criminals are done with their Fraud. 

And here was a recent warning from Bill Gross the Head of Pimco who manages over $250 billion in assets.

Bill Gross Says Yellen “Worships False Idols” So “Worry About The Return Of Your Money, Not On It”

[ZeroHedgeHe lays out the global economy as an analogy to Monopoly where the narrative only works if everyone gets $200 in cash on every rotation around the board:

it’s the $200 of cash (which in the economic scheme of things represents new “credit”) that is responsible for the ongoing health of our finance-based economy. Without new credit, economic growth moves in reverse and individual player “bankruptcies” become more probable. And without banks creating new loans and injecting money into the broader economy, economic activity grinds to a halt.

In Monopoly, the $200 of credit creation never changes. It’s always $200. If the rules or the system allowed for an increase to $400 or say $1,000, then players could keep on building and the economy keep growing without the possibility of a cash or credit squeeze. But it doesn’t. The rules which fix the passing “Go” amount at $200 ensure at some point the breakdown of a player who hasn’t purchased “well” or reserved enough cash. Bankruptcies begin. The Monopoly game, which at the start was so exciting as $1,500 and $200 a pass made for asset accumulation and economic growth, now turns sullen and competitive: Dog eat dog with the survival of many of the players on the board at risk.

What happens when the $200 in “new money” stops? “Ask Janet Yellen for instance what affects the velocity of credit or even how much credit there is in the system and her hesitant answer may not satisfy you. They don’t believe in Monopoly as the functional model for the modern day financial system. They believe in Taylor and Phillips and warn of future inflation as we approach “full employment”. They worship false idols.”

Which brings us to a familiar conclusion:

investors should not hope unrealistically for deficit spending any time soon. To me, that means at best, a ceiling on risk asset prices (stocks, high yield bonds, private equity, real estate) and at worst, minus signs at year’s end that force investors to abandon hope for future returns compared to historic examples. Worry for now about the return “of” your money, not the return “on” it.

http://www.zerohedge.com/news/2016-07-06/bill-gross-says-yellen-worships-falls-idols-so-worry-about-return-your-money-not-it


What is a Bitcoin?

Bitcoin is a revolutionary decentralized digital cash system that uses a peer to peer network to transfer money anywhere in the world, instantly, at practically no cost. Incredibly, nobody owns Bitcoin, there is no Bitcoin head office, and the software is completely open source!

http://www.bitcoiniacs.com/what-is-bitcoin/wallet/

Further explanations;


[Zurich Times] Another point to note that that Blythe Masters the Evil Witch that was managing partner at JP Morgan and Devils Inc for several years made the following statement about Bitcoin;

Addressing the audience, she cautioned that by taking a ‘wait-and-see’ approach to the technology, certain financial providers run the risk of being left behind.

Masters told the audience:

“There’s the fact that there are entire business models that have the risk of being disintermediated if a competitor of yours manages to take full advantage of this technology before you’ve fully appreciated or deployed it.”

If Ms. Masters takes this Block Chain Technology to be see critical that she leaves JP Morgan over it and then starts a startup which has already raised $50 million in venture capital then it should be an indicator that this technology has legs and will be in the future the foundation for the settlement of International Trade and also allowed the Public a way of moving money without Central Banking and Central Government interference just as the Webbot has just recently forecast.

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    Total 3 comments
    • VirusGuard

      Gold and Silver yes, Bitcoin has a chance of going bang even before the fiat US$ goes bang so thats just silly if you ask me.

    • DISPENSER

      Bit coin is the ultimate fiat money. It can all disappear at the speed of electrons.

      • VirusGuard

        Again we seem to agree but it’s not a currency because it’s far to unstable to be usefull for the trading of goods.

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