Bix Weir is the author of the “Root To Roota” theory which claims that Alan Greenspan (and even Ben Bernanke) are “good guys” who are trying to intentionally collapse the economy in order to strike a mortal blow against fiat currencies and force the world to return to a gold and/or silver standard for money. The idea that the Federal Reserve System is and has been run by guys determined to destroy the Federal Reserve System strikes me as extremely improbable. Are we to believe that the people that Greenspan and Bernanke work for are so stupid that they couldn’t figure what the two Fed Chairmen were really up to? I don’t think so.
Weir’s argument that $6,000 silver is possible is rational, but I wouldn’t bet on it. The current price of silver would have to rise about 1,700% to hit $6,000. I doubt that such a rise could take place except in the midst of such violent chaos that common lead (as in bullets) would be far more valuable than silver. But it’s a virtual certainty that the price of today’s silver will rise by 3 to 10 times in the foreseeable future. Isn’t that enough to encourage you to invest in silver (or gold)?
As for Mr. Weir’s prediction that an economic collapse might occur by the end of this March–who can say? Last year, Mr. Weir was sure the system would collapse last December. Didn’t happen. The economic system is so fraudulent, unstable and vulnerable that it could collapse tomorrow. On the other hand, that same system is also so well (and corruptly) “managed,” that it might survive for several more years.
Nevertheless, excepting the argument that Greenspan/Bernanke have been working to destroy the Fed and fiat monetary system, I agree with much of what Mr. Weir predicts. More, the facts he presents concerning gold and silver seem to be credible.
Here’s the first of three videos (each less than 15 minutes long; about 45 minutes total) of a Bix Weir interview. Finish the first; you’ll see links to the second and third. They’re worth your time.
Here’s another earlier video (00:03:40) dealing with the coming “silver rocket,” Ron Paul, and the coming economic collapse: