The FAITH BUBBLE is bursting. This crosses the entire spectrum of the
investing world as people are finally discovering that the world they
live in is a false paradigm filled with con men and corruption.
The latest con is something that had been rumored for years and yet
never really hit the mainstream media and that is tungsten filled gold
bars. Last week it hit the mainstream with a MINIMUM of 10 bars found to
be tungsten filled. Here’s ZeroHedge.com‘s take:
Gold Counterfeiting Goes Viral: 10 Tungsten-Filled Gold Bars Are Discovered In Manhattan
http://www.zerohedge.com/news/2012-09-23/gold-counterfeiting-goes-viral-10-tungsten-filled-gold-bars-are-discovered-manhattan
What has not been talked about is what the ratio of fakes-to-real is.
Yes, they found 10 problem bars but what they didn’t say is how many
bars were tested. Were 100 bars drilled and 10 fakes found? That would
be 10% fake-to-real ratio in this batch of gold bars. Or maybe only 20
bars were tested and 10 were found to be fake making it a 50% fraud
ratio! Maybe only 10 bars were tested and all 10 were fake!
We just don’t know and THAT IS THE PROBLEM!
Now ask yourself this…HAVE YOU DRILLED YOUR GOLD/SILVER BARS?!
I guarantee you that 99.9% of you have not. Frightening reality.
But this is NOT new to subscribers to the Road to Roota. As a matter
of fact, I was jumping up and down about this in March 2010! That gets
me back to the importance of being EARLY in my future predictions rather
than being LATE. Those who give time frames for the collapse in 2-5
years have been saying 2-5 years for over 10 years! They think it helps
their credibility because they never right but never wrong. Ultimately
they will be WRONG because they’ll be saying 2-5 years until the day
before the CRASH…then they will say I TOLD YOU SO!
Preparing yourself as if the crash is imminent will serve you much
better than those taking your time thinking you have 2-5 years in
perpetuity!
Back to my warning in March 2010…
Here’s the article I posted:
Fake Silver Moly-Bars?
http://www.roadtoroota.com/public/212.cfm
Read my conclusion carefully:
“Let’s face it, the only way to regain trust in the gold and silver
markets will be to completely overhaul the entire physical testing and
storage system.”
“Basically, we need a global remelt and re-certification.”
“As for us little guys…this kinda makes you wish you had paid the
premium for those 1oz Gold and Silver Eagles and pre-1965 US
coins…surely we can trust the US Government…can’t we?”
When this is all over those of us sitting with real, verifiable .999 gold and silver will be Kings of the World…
EVERYONE ELSE WILL BE JOKERS.
May the Road you choose be the Right Road.
Bix Weir
www.RoadtoRoota.com
