Pentagon

Bix Weir Predicts 2017 Derivatives Implosion, Trump To Crash System Then Rebuild

“Donald Trump’s prediction that the U.S. economy was on the verge of a ‘very massive recession’ hit a wall of skepticism on Sunday from economists who questioned the Republican presidential front-runner’s calculations…

‘I think we’re sitting on an economic bubble. A financial bubble,’ he said.”

-Reuters.com, April 3, 2016

Precious metals and financial expert Bix Weir recently appeared on former network/investigative correspondent Greg Hunter’s latest project, Greg Hunter’s USAWatchdog.com (“Analyzing the News to Give You A Clear Picture of What’s Really Going On”). In an interview published Tuesday, Weir warned of a coming derivatives implosion and dropped a bombshell when he predicted U.S. President Donald Trump would crash the system, then rebuild. From the exchange between Hunter and Weir:

HUNTER: Isn’t this the year we get the derivatives implosion?
WEIR: Oh definitively. People keep saying, “Well, if Greece leaves the EU, it’s not going to affect the rest of Europe.” Yes it will. It will destroy all the debt based on Greek bonds. It will destroy all the banks- Deutsche Bank, great example. If Deutshce Bank goes, J.P. Morgan goes, Citbank goes, all the banks go. And then the derivative implosion happens. And that’s alway been kind of the home-built nuclear bomb in the financial system is the derivative market- the hundreds of trillions, quadrillions, in derivatives that are so dependent upon third-parties staying in business. Because they are the counter-party to Deutsche Bank, and Citibank, and J.P. Morgan. Once one large derivative holder goes, they all go. We almost saw it in 2008. I think we’re real close to it again. I think Trump is going to push that ticket…
HUNTER: Do you think that we’re close to this derivatives explosion, this implosion, right now? Do you think it’s this year?
WEIR: I do think it’s this year. I think it can happen at any moment. I think Trump has long said that we’re in some huge bubbles and they’ve got to pop. He doesn’t want them popping after he’s fixed half the things in America. So, I would assume he’s going to pop them very soon, in the first few months of his administration. And we’re into that now. There are certain people that I know he needs to get in place. Because the popping of this bubble- this is the big mother of all bubbles.
HUNTER: So he is rushing to get his people in place so he can execute his plan. You’re saying he has a grand plan. That things aren’t just going to happen willy-nilly. You’re saying he’s going to get his people in place and he’s going to force the collapse, the reorganization.
WEIR: Yes. But it’s not his grand plan. This is the plan of the “good guys” that I’ve been talking about…
HUNTER: So why do you think we’re close to an economic reset, an implosion, a derivatives problem, the whole system resetting, changing, whatever. Why do you think we are close?
WEIR: Well, I know that Donald Trump is in charge of the exchange stabilization fund. So it’s basically he has the keys to ending this market rigging game. And once you end the market rigging game, then you can’t support the stock market. And everything has to go to its true fair market value, with real trades, no more derivatives. So Trump can do it. The question is, “Does he want to?” And it’s not just Trump. It’s the people who are behind Trump. I call them the “good guys.”
HUNTER: The Pentagon.
WEIR: Well, there’s people at the Pentagon. Within the military. Patriots. Going back since the sixties a lot of these guys are looking for a little retribution on the “bad guys” taking out Kennedy. But all this goes back to- what does Trump want to do? Trump and his people. Do they want to fix things? Go down that road to starting to fix things with the bubbles still there, with the Fed still printing money. Or, does he really want to fix them. Which means you crash the system first, and then you rebuild. I think it’s the latter. I think he’s trying to get people in place, and then he will crash the system and rebuild.


“Bix Weir-Trump Will Crash System Then Rebuild”
YouTube Video

Weir, who has a presence on the Web at RoadtoRoota.com, recommends selling “anything that has a third-party between you and your hard asset” like stocks and bonds, and buying Bitcoin (“get it out of the system”), gold, and silver- particularly silver. He concluded:

If you’re looking to make money, silver and Bitcoin- you can’t go wrong.

(Editor’s note: Bold added for emphasis)

I’d heard of Bix Weir before, but never read/listened to anything by him before. Very interesting, to say the least.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

(Editor’s note: A qualified professional should be consulted prior to making a financial decision based on material found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. The creator/Editor of this blog is not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information contained herein.)

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Have Gun, Need Ammo

In my old life, I would occasionally talk to Marine Corps guards stationed at various U.S. diplomatic compounds around the world as I tried to get a hold of State Department Consular Section staff during off-hours via telephone here in the States. They seemed like a good lot, and I had the pleasure of working alongside two former embassy/consulate guards later on during my time in the public sector.

So I felt for these guys when I heard of the attacks on U.S. missions in the Middle East on the 11th anniversary of 9/11.

Now, there’s been talk the last couple of days of the Marines guarding the U.S. Embassy in Cairo (Egypt) not being allowed to carry live ammunition. From NightWatch, a nightly newsletter from Kforce Government Solutions that “tracks and assesses threats to US national security,” on September 12:

[U.S. Ambassador to Egypt Anne W.] Patterson’s operations at the US Embassy in Cairo bespeak a comparable misjudgment of the Egyptian Arab situation, its volatility and the depth of anti-American sentiment.

She did not permit US Marine guards to carry live ammunition, according to USMC blogs. Thus she neutralized any US military capability that was dedicated to preserve her life and protect the US Embassy.

In this respect, she did not defend US sovereign territory and betrayed her oath of office. She neutered the Marines posted to defend the embassy, trusting the Egyptians over the Marines.

(Editor’s note: Italics added for emphasis)

Since that was written, the Pentagon and Marine Corps have responded. Mark Thompson wrote on the TIME magazine website yesterday:

UPDATE: “With or without a weapon, Marines are always armed,” Pentagon spokesman George Little said Thursday afternoon. “I’ve heard nothing to suggest they don’t have ammunition.”

UPDATE II: The Marines said late Thursday that any reports “of Marines not being able to have their weapons loaded per direction from the ambassador are not accurate.”

Maybe we’ll find out what really happened one day. But when I first heard about the Marine guards possibly not having any live ammunition for their firearms, it reminded me of a similar incident during the 1992 Los Angeles riots:

Initially, National Guardsmen weren’t given live ammunition.

“B.B. in California” wrote on James Wesley, Rawles’ terrific SurvivalBlog.com back on July 21, 2010:

I am writing this article not to glorify what I have seen, but perhaps to make some of you think about some unknowns. I am a U.S. Army veteran who served in the 1980s, and when I honorably discharged I was recruited into law enforcement at a termination of service briefing at Fort Irwin, California. From there I went into law enforcement in Los Angeles for over 20 years and never looked back. I am writing this article because many people are writing about living through and how to survive civil unrest (I am sorry, a riot is a riot no matter what you call it), but I don’t think many of the readers can comprehend what it is like.

The Los Angeles riots in 1992 were some of the craziest times I have ever lived through, and even my military background didn’t prepare me for what we saw. I am not here to talk politics or why the riots kicked off; I am only here to write about what I witnessed and give the readers of SurvivalBlog.com a glimpse of what happened from the eyes of a young man…

Another interesting note on weapons and ammo was that when the National Guard was first called out they responded with empty weapons. That’s right, no ammo! We were giving guardsmen what we could spare from our own dwindling supplies, but we couldn’t believe the State sent them in with no cartridges (in hindsight and much more experience under my belt in dealing with the many idiots in government, I totally believe it now), but once again not many people would choose to charge a National Guard position to see if their rifles are empty.

(Editor’s note: Italics added for emphasis)

Don’t believe “B.B. in California?” Then watch for yourself the following news segment where then-California Governor Peter “Pete” Wilson admits California National Guard troops weren’t initially given bullets:


“LA Riots the GOV explains that the Guard has no ammo”
YouTube Video

Governor Wilson revealed:

There was some hesitation on the part of the Guard officers. I gave the order that they should take the ammunition that they had distributed as I would think they should in any case to those who are platoon and squad leaders making it available as needed.

(Editor’s note: Italics added for emphasis)

Anyone else think that sounds a little bit like Alan Greenspan’s “Fedspeak?”

Based on the clamp-down on live ammo during the 1992 L.A. riots, I can understand why some might believe the claim purportedly made by U.S. Marine Corps blogs.

Now, the line of reasoning for a “no bullets” order might be the belief that the sight of a firearm would be enough to scare away the bad guys. In fact, Gun Facts 6.1 even shows:

Every day 550 rapes, 1,100 murders, and 5,200 other violent crimes are prevented just by showing a gun. In less than 0.9% of these instances is the gun ever actually fired.

Well, while this has proven to be effective back on Main Street in normal times, displaying a firearm in hopes that its sight alone will stop further aggression probably doesn’t work as well in more unstable situations and locales, like the Middle East these days. Something tells me those tasked with embassy/consulate security already tried this on the unruly, supposed “film critics” before they gave the Uncle Sam Show two big thumbs down.

Have gun, need ammo. Or else.

Sources:

“NightWatch 20120913.” NightWatch. 13 Sep. 2012. (http://www.kforcegov.com/Solutions/IAO/NightWatch/NightWatch_12000175.aspx). 14 Sep. 2012.

Thompson, Mark. “What’s Worse: No Marines, or (Possibly) Unarmed Marines?” TIME. 13 Sep. 2012. (http://nation.time.com/2012/09/13/whats-worse-no-marines-or-possibly-unarmed-marines/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+timeblogs%2Fswampland+%28TIME%3A+Swampland%29&utm_content=Google+Reader). 14 Sep. 2012.

B.B. in California. “Riots and Civil Unrest in America.” SurvivalBlog.com. 21 Jul. 2010. (http://www.survivalblog.com/2010/07/riots_and_civil_unrest_in_amer.html). 14 Sep. 2012.

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Christopher E. Hill, Editor

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