Default on Global Monetary System Coming-Bix Weir…“a mass awakening followed by chaos.”

Monday, February 29, 2016
By Paul Martin

By Greg Hunter
February 28, 2016

Financial analyst Bix Weir says the mother of all money meltdowns is a sure thing. Weir contends there is one big question everybody should be asking. Weir says, “What’s the dollar going to be worth? What’s fiat money going to be worth after the banks crash?”

So, can the financial powers keep manipulating the U.S. dollar forever? Weir say, “I think they can, they have and they will as long as it is in the United States’ advantage. It’s been our advantage to run this un-backed fiat system. We have been the world’s reserve currency for a long time. Now, we are the largest debtor nation in the world. Now, we have all these problems with currencies. It’s turning into a place where it is no longer to our advantage. With the click of a mouse, we can end this game.”

It won’t just be a debt default, and Weir explains, “It will be a default on our monetary system. Yes, it is a default on our debt, but it won’t be just the U.S. It will be everybody, and it will be blamed on the banks. They have set it up that way. They gave the banks enough rope to hang themselves. What it’s going to do is get rid of all this debt. The biggest problem in the world now is debt. Some people are going to be very mad at the U.S. People are going to be very nationalistic, and it’s already started in the U.S. with Trump. We will become nationalistic, and we will shut our borders when this crash happens. This is the only way to get rid of the mess, and you and I know this mess is completely out of control. . . .There is no way out, and the idea was to never pay the debt.”

Weir also adds, “I talk about this a lot, and this comes directly from the Federal Reserve Bank of Boston, and it comes from a 1960’s Nobel Prize winning paper, and it says the only way to get back to a gold standard is to print money in the largest amounts as you can—to infinity and collapse the system, and then go back to the gold standard. That’s what they’ve been doing.”

It won’t be an easy transition. Weir says it 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.”

Weir says that will, no doubt, lead to chaos and asks, “The question is how much chaos. The U.S. has had plans to deal with this since the 1970’s.”

The “chaos will lead to transition,” according to Weir, and we will have a “We the People moment.” Weir explains, “It will be played out on TV in front of Congress. . . . If Congress approves another bailout, the apparatus will stay in place and . . . all of our freedoms and liberty will be gone. . . . When people lose their checking accounts and savings accounts, they are going to say you are not going to bail out anybody—especially the banks. . . .You can kiss it all goodbye, and then we get to start fresh.”

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.” (The price for both will be much higher in dollar terms according to Weir.)

Join Greg Hunter as he goes One-on-One with Bix Weir of and author of the third book in his series called “The Road Awakens.”

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