Hump Day with Bix Weir (10/25/2017)

Posted By on October 28, 2017



Bix and “V” discuss recent news regarding DC, Hollywood and the cryptos.

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Hump Day with Bix Weir (10/25/2017)
Hump Day with Bix Weir (10/25/2017)


This article has 9 comments

  1. Weistein is in Europe, (southern France), and has not been interviewed by any law enforcement agencies. This is typical of what the net has become, full of total nonsense.
    Now the metals suppression nonsense. Banks on the Comex and LBMA place hedges for their clients using mostly put options. These are your large metal dealers and large wholesalers who need price protection. If prices rise they let the hedges expire worthless and sell physical as they normally do. If price falls thru the strike prices they can exercise their hedges for cash, still sell and still make money. All futures markets are basically used for hedging and this not only includes physical commodities but other financial instruments like dollars. For large commodity produces and dealers and traders this is simply the cost of doing business. Because Weir like most who market metals to consumers have no real world trading experience they simply do not understand how markets work or function. To them it is the "cartel" suppressing prices which is absurd.
    70 to 89% of demand for silver is now industrial, manufacturing and retail jewelry and all of these depend on low prices. The monetary demand has become too small to effect price and as it is rarely used in any monetary system today except mints marketing collectables. The monetary demand can never now offset the drop in demand of the above 3 sectors. Silver has simply moved from a monetary based metal to an industrial based commodity. When prices rise to a certain point copper is used more and silver less with prices falling back again. Another factor is that because of the constant flow of new technology the amount used in products has been going down every year also effecting demand then price. This is why the price can never rise significantly as claimed by those who promote metals. It has become one of the largest scams on the net.
    Now the crypto nonsense. These are starting to be illegal all over the planet. A country must have control of their money supply either increasing or decreasing as economic conditions dictate. Used as a medium of exchange has the same effect of increasing the money supply which potentially causes inflation and lowering the standard of living. This is why China has declared them all illegal as they fall under existing securities laws. china has declared then illegal to use as a medium of exchange as has South Korea. The SEC has declared that the ICOs all fall under current securities and they have filed civil lawsuits and referred numerous people to the DOJ for criminal prosecution. The bottom line is if you raise capital by using the public marketing a financial product that can fall or rise in value this is in fact a security and the burden of proof falls on the issuer. Promoting unregistered securities using the net is illegal and is wire fraud. Governments were caught off guard by their sudden rise and now are playing catch up. It is not only naive to flaunt a country's securities laws it is extremely dangerous.
    The dollar is actually backed by treasuries which has flood the international financial system. Countries do not like to hold large amounts of foreign currencies as they pay no interest and are forced to use treasuries as this is the second most liquid market on the planet behind currencies and despite what is on the net they are always in great demand. China is at least 10 years away from their bond market being liquid and large enough to compete with treasuries and this is when they and the dollar start having problems and not until then.

  2. When is Bix going to finally admit that Trump has been infiltrated and has become part of the establishment , V I declare you. The winner of the bet.. let’s face it nothing substantial will be revealed in these doc

  3. It is the end of the age of Pisces. The top down model is being disolved. Time to take responsibility, it is your life. Don't expect Sessions the worm to do anything worthwhile.

  4. Good cj I was just gonna say something about corey, I tweeted out to him he needs to tell immediately make the movie after.

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