My Road to Roota analysis shows that we are VERY CLOSE to the breakdown of the entire fiat monetary system and I thought it a great time to go over final preparations for the coming chaos. In the grand scheme of things you can never be fully prepared for what is about to transpire because nobody on earth has been through it before...not to this scale. I guess the closest thing we can compare it to is the experience of the Germans in the early 1920's with the Weimar Republic. Look at how quickly their currency lost value:
Compound that onto a GLOBAL SCALE and the currency in question is ALL FIAT CURRENCIES IN EVERY COUNTRY and you can get an idea of just how big this is and how fast it can happen.
Let me ask you an important question. How safe do you think ELECTRONIC ASSETS really are? I'm not that old but I can remember my first savings account and I was issued something called a "passbook" where the bank had a special stamp they put in my book to record every deposit and withdrawal I made. They also wrote it down in their ledger and signed off on the transaction. For some reason, the act of physically recording my fluctuating wealth made me feel very secure even though the access to my "wealth" was totally dependent upon the health and well being of my bank.
That was only 40 years ago. Now days EVERYTHING is done on computers. Your balance, statements, checks, withdrawals, deposits have all been turned into little 1's and 0's and stored on magnetic disks. Oh, be assured that that's all computer data storage is... 1's and 0's recorded on a storage disk. They rarely even mail statements anymore...everything is VIRTUAL.
Money is CREATED in the same way....with little 1's and 0's on magnetic discs. Convenient...yes. Durable...NO. Free from fraud...NO. Free from manipulation...NO. In the hands of the Bad Guys...YES! The fact is that computer wealth is even less reliable than paper wealth which in itself is not credible. It is not real wealth but a derivative of wealth. It is nothing but VIRTUAL WEALTH!
You might laugh at the 17th century Dutch who experienced the first recorded financial bubble bursting with Tulip Mania.
http://en.wikipedia.org/wiki/Tulip_mania
How could they have possibly believed that a FLOWER could take on the characteristics of money...of true wealth? Well, what do you figure those "Crazy Dutchmen" would think if we told them that we placed ALL our faith in tiny electronic 1's and 0's recorded on a magnetic disc? Who are the REAL FOOLS?
Trust in electronic wealth has turned into some kind of MASS HYSTERIA. To think that the entire world has freely placed all their wealth in these little electric blips and in the hands of those who control all the 1's and 0's. What if those 1's and 0's were to disappear one day? Gone forever? What would you REALLY own then? Would you kick yourself for buying into the MASS HYSTERIA when it cracks?
I guarantee you that our little experiment with "VIRTUAL WEALTH" is going to end very badly...and very soon!
Let's talk about different scenarios of how these 1's and 0's can be erased from this world.
SCENARIO 1 - The EMP(Electro Magnetic Pulse)
Let's talk about the sun. It's changing. It's always changing but understanding what ramifications might come of these changes will be relevant for a discussion about the future of our monetary system. First, the sun goes through cycles with increased solar activity on a fairly regular basis...
http://www.spaceweather.sflorg.com/space_weather/sob_multimedia/flvswm_14
We are entering into a solar maximum where we will encounter more and more solar flares and coronal mass ejections. These events have the ability to seriously mess with our electronics down here on earth.
A while back USA Today posted an interesting article about the potential of an EMP (Electro Magnetic Pulse) going off over the US:
http://www.usatoday.com/tech/science/2010-10-26-emp_N.htm?loc=interstitialskip
One hundred years ago a decent sized EMP hitting the earth would not have been such a big deal because we were not so reliant on electronics. Today is a much different story. Electronics are in EVERYTHING. From automobiles to media transmission we are 100% reliant on fully functioning electronics. EVEN OUR MONEY AND STORES OF WEALTH ARE NOW ELECTRONIC!
So the stability of our electronic world is a big deal these days.
I have talked a few times about this in past Friday Road Trips. Now imagine if a large EMP hit the States. We are not just talking about "the grid" as the article suggests but rather EVERYTHING that is run by electronic blips including cars, gas pumps, food delivery and of course ALL OUR MODERN ELECTRONIC ASSETS such as bank deposits, 401k's, ETF's...I can go on and on.
Unfortunately, these EMP's can also be caused by setting off a nuclear explosion at altitude. The higher and stronger the blast the more area is effected below.
There's more info on Wikipedia with this visual:
http://en.wikipedia.org/wiki/Electromagnetic_pulse
The fragility of our VIRTUAL lifestyle is massively underestimated. One big solar flare or nuclear bomb and we are TOAST. Back to horse and buggy days instantly.
SCENARIO 2 - The Super Computer Virus
Do we really have to have a natural disaster to totally erase all those little electronic blips from our financial system? According to George Ure over at www.urbansurvival.com the latest Super Computer Virus could do virtually the same thing!
The virus is called STUXNET and a description of it can be found here:
http://en.wikipedia.org/wiki/Stuxnet
The big mystery behind this virus is WHO could have possibly spent the many years and many man hours to put together such an elaborate program. Mr. Ure tends to lean towards what he and Clif High call the PTB or "Powers That Be". At the Road to Roota Letters I like to call them the "Bad Guys".
But what if this super virus wasn't the work of the Bad Guys...but the GOOD GUYS?! What if this is the FINAL END GAME of the long term implementation plans originally hatched up by Alan Greenspan and Stephen Devaux that is the premise of the Road to Roota Theory?
//www.roadtoroota.com/public/190.cfm
In my mind there are certain correlations that have sparked my interest down this line (road) of thinking. I have long suspected that Warren Buffett was working with the good guys but what about his close friend and confidant...BILL GATES?!(note: I have my doubts that Gates is working with the Good Guys now) They often spend hours talking about business and macroeconomic issues...much the way that Warren Buffet's father, Senator Howard Buffet, would talk to Warren at the dinner table when he was growing up. Howard Buffett battled the banking cabal for many years but was never able to achieve his ultimate goal of returning the United States to a fully backed Gold Standard. Here's an excerpt from what this amazing man said in the US Congress:
Human Freedom Rests on Gold Redeemable Money
By HON. HOWARD BUFFETT U. S. Congressman from Nebraska (1948)
IS TIME PROPITIOUS
Most opponents of free coinage of gold admit that that restoration is essential, but claim the time is not propitious. Some argue that there would be a scramble for gold and our enormous gold reserves would soon be exhausted. Actually this argument simply points up the case. If there is so little confidence in our currency that restoration of gold coin would cause our gold stocks to disappear, then we must act promptly.
The danger was recently highlighted by Mr. Allan Sproul, President of the Federal Reserve Bank of New York, who said:
"Without our support (the Federal Reserve System), under present conditions, almost any sale of government bonds, undertaken for whatever purpose, laudable or otherwise, would be likely to find an almost bottomless market on the first day support was withdrawn."
Our finances will never be brought into order until Congress is compelled to do so. Making our money redeemable in gold will create this compulsion.
The paper money disease has been a pleasant habit thus far and will not be dropped voluntarily any more than a dope user will without a struggle give up narcotics. But in each case the end of the road is not a desirable prospect. I can find no evidence to support a hope that our fiat paper money venture will fare better ultimately than such experiments in other lands. Because of our economic strength the paper money disease here may take many years to run its course.
But we can be approaching the critical stage. When that day arrives, our political rulers will probably find that foreign war and ruthless regimentation is the cunning alternative to domestic strife. That was the way out for the paper-money economy of Hitler and others.
In these remarks I have only touched the high points of this problem. I hope that I have given you enough information to challenge you to make a serious study of it.
I warn you that politicians of both parties will oppose the restoration of gold, although they may outwardly seemingly favor it. Also those elements here and abroad who are getting rich from the continued American inflation will oppose a return to sound money. You must be prepared to meet their opposition intelligently and vigorously. They have had 15 years of unbroken victory.
But, unless you are willing to surrender your children and your country to galloping inflation, war and slavery, then this cause demands your support. For if human liberty is to survive in America, we must win the battle to restore honest money.
There is no more important challenge facing us than this issue -- the restoration of your freedom to secure gold in exchange for the fruits of your labors.
END http://www.fame.org/PDF/buffet3.pdf
To Warren Buffett there was no greater man in the world than his father and he has made it one of his life's goals to finish his father's business. Those who claim that Buffett has "lost it" with all his recent comments are not seeing the big picture. He hasn't lost it but rather he is suckering EVERYONE in (and away from gold) so the wealth re-distribution after the big crash is more equitable. Eventually, Buffet will throw himself on the derivative sword to make sure the fiat monetary system implodes fully and finally this time.
To continue...
So is it too far fetched to imagine that Buffet and Gates would talk of monetary policy and/or the return to sound money over their long philosophical discussions about macroeconomics? I don't think so. I know Gates is associated with MANY "Bad Guy" enterprises so don't hold me to my take on his involvement because I DON'T KNOW. It's just a guess.
Here's some clues as to their penchant for monetary metals. Both Buffett and Gates were investors in SILVER back in the early 2000's. Buffett with 120M oz of physical and Gates with a large ownership position in Pan American Silver (PAAS). Both sold out of their silver positions about the same time. Both have given away 1/2 their gigantic fortunes to charities and have urged other rich folks to do the same. What did they know about the coming destruction of fiat money? Did they try to do some good with all that money before it became WORTHLESS FIAT PAPER?
Still with me? Along this line it struck me that the STUXNET computer virus is a "Windows-based" virus. Could Bill Gates have been recruited by the Good Guys (via Warren Buffet) to create and implant this virus around the world such that they could "pull the plug" on the fiat monetary system when they were ready? This angle may have legs but it is way out of my area of expertise.
But there is one more thing that hits right to the heart of the Road to Roota early days and the first "Implementer" of the original market rigging programs - Stephen Devaux. This is from the Original Road to Roota article:
//www.roadtoroota.com/public/120.cfm
Here's what I wrote about Stephen Devaux:
****
Stephen Devaux, the person who "adapted" the cartoon "Wishes and Rainbows", worked for the Federal Reserve in Boston...Mr. Devaux is now a world renowned author and trainer on "Project Management and Implementation" ...Stephen Devaux would have been the perfect person to implement the Greenspan plan. His teachings talk about long implementation time frames, and the necessity of profit enhancement during the process of change.
Mr. Devaux worked for the Federal Reserve Bank for 9 years during the Gold Commission crisis. The 1980's is when many gold bugs believe Citicorp and Goldman Sachs implemented the trading programs for "managing" the markets.
Devaux went to work for Citicorp right after his stint at The Federal Reserve Bank of Boston. His job at Citi was described as: "Developed and taught customer seminars in the implementation and use of Citicorp banking software." Oil and Gold were just the beginning. Then he went on to Fidelity to train them how to use his software in the share market.
His last job before moving on to his own consulting firm was for Project Software and Development Inc or PSDI which supplied the software Maximo to the US Mint and almost every other high value asset business.
"Businesses, government agencies, and other organizations use PSDI's products across their enterprise to assist them in the management of their high-value capital assets, such as plants, facilities, and production equipment, to cut inventories and supply chain costs, control maintenance expenses, reduce downtime, and more effectively deploy productive assets, personnel and other resources."
PSDI software is now owned by IBM and is embedded in asset control software throughout the world (…now is that "Total Project Control" or what?!). END
******
Are you starting to get the same chills I am? Could Stephen Devaux's computer programs still be out there lurking in the deep recesses of all those "high value capital assets"?
Over the years I have tried to understand more about Stephen Devaux but I've always come up short of getting a full picture. From what I understand he is extremely confident in his professional beliefs to the point of being self righteous. He is also very private and, supposedly, incredibly altruistic.
It seems to me that Stephen Devaux is the VERY LAST MAN in the world to walk away from a "Project" before it was finished! (Anybody who writes a book called "Total Project Control" and charges $140 for it likely takes himself very seriously and would want to see that his "total project" was FINISHED)
http://www.amazon.com/Total-Project-Control-Integrated-Operations/dp/0471328596
Has Devaux teamed up with Bill Gates to embed a Super Computer Virus hidden in the Windows Operating System and that now has "Total Project Control" over the Global Electronic Monetary System with the ability to destroy all those "electronic blips" we call ASSETS? Since I write a "Conspiracy Letter" I would have to say that it is VERY possible that Mr. Devaux is still heavily involved with the good guys and ready to "FLIP THE SWITCH" at any moment (next week maybe?). He's just not the kind of guy to walk away from such an important project as the Implementation of the Gold Standard!
Just one more little bit on Devaux. He has a little quirk that may be a clue...STEPHEN DEVAUX LOVES PALINDROMES. Palindromes are anagrams (a type of word play) that are spelled the same way in either direction...like "EYE" or "RACECAR". Here's a letter he wrote that I found on the internet:
"I have always been delighted by palindromes, and have spent many hours composing them. (My masterpiece: "A man? A prisoner! A cage? Iron! = Did Noriega care? No, sir! Panama...") I had always regarded this as an idiosyncracy until, a few years ago, I saw a Devaux family tree which listed one of the 18th century branches as having an oldest son named Xuaved Devaux. tell me, is there any other evidence of love of palindromes among Devaux genes?" http://www.famille-louisdevaux.com/steve-devaux.htm
So why do I mention this quirky fact? Because when I was reading George Ure's analysis of the STUXNET virus I came across this statement:
"Besides, somewhere down in the guts, the anagram of "STUXNET" might be just the PTB having their fun with us - and keeping up their old tricks of 'doing evil in plain sight' which seems to be one of their 'rules' of engagement. So is STUXNET and anagram for "T US NEXT" or "US NEXT T"? END
Yes. That's a HUGE stretch and not at all conclusive that Stephen Devaux is still involved with the Good Guys...BUT HE WAS IN CHARGE OF IMPLEMENTING THE OFFICIAL COMPUTER MARKET RIGGING IN THE 70'S AND 80'S so why assume he ever totally removed himself?!
HOW MUCH CONTROL DOES THE LITTLE MAN BEHIND THE CURTAIN NOW HAVE?
Ok...let's get back to earth for a bit. I'm not saying that either of the above scenarios are going to happen in mid November and send us back to the stone age but they are potential scenarios for the crash that the world so desperately needs to change our global monetary system.
SCENARIO 3 - Derivatives = Weapons of Mass Financial Destruction
The simple fact is that we really don't even need something so drastic as an electronic computer related meltdown. The popping of the Derivative Bubble would have a similar effect as it would freeze all financial assets in much the same way an EMP or Super Computer Virus would. Our VIRTUAL banking system is so interconnected with the way our entire system functions on a daily basis that the failure of only ONE large bank can bring the entire world to a grinding halt.
The dominoes are easy to follow. One large bank fails who has derivative contracts with 20 others who have corresponding contracts with 100 others and all are leveraged 30-1 or more with "Off Balance Sheet Special Purpose Entities"...blah, blah, blah. All of a sudden people scramble to get their money out of their banks, the stock market, their 401k only to find out that it was all running off a "fractional reserve" system so nobody gets anything because there is no money to distribute. You know how the story goes...
Can the world function without money? Would you go to work if you weren't getting a dime for it and your family needed you at home to protect them? Push that scenario across all professions and you begin to get a sense of what may happen. Our "advanced society" totally breaks down then the 1's and 0's are wiped clean from this earth. It matters not if it was caused by a natural disaster or a man made one or just your simple banking Derivative Meltdown.
Everything will stop in it's tracks.
Sorry if this scares you but you're much better off if you UNDERSTAND what may happen than if you are one of the BILLIONS who will be scared, lonely and confused waiting in line for days at the bank.
Many people have asked me the two big questions:
"How long will it take?"
and
"What will I need to get through it?"
Those are questions you need to answer for yourself. Everybody's situation is different so think through what you are going to need in case of a global banking breakdown. A good rule of thumb is surviving on your own for 4-6 months to be safe. If it goes on longer than that...well, go watch the movie "The Road" and you'll get the idea....
ALRIGHT: Break OUT of that mind set. Like I have said all along the Road to Roota...
The Road to Roota Theory postulates that there is a group of people in the United States as well as around the world that are working to remove and destroy the financial banking powers that have secretly controlled all aspects of our lives for hundreds of years.
The end result of all this will be GLORIOUS but we will have to go through the DARKNESS to reach the LIGHT!
Use this FINAL CHECKLIST to prepare yourself for what is coming.
Remove Yourself From The Electronic Financial System - The corruption, fraud and abuse goes so much deeper than anyone knows that the ONLY way to get beyond this mess is 100% collapse of the current system and start again. Without the complete collapse of all electronic and paper assets and debt there will be those in the shadows who continue to run the show. The $700B bailout was NOTHING when it comes to the "Shadow Banking System". I have heard estimates of total fiat monetary instruments in the QUINTILLIONS! If we try to "readjust" our system with something like www.NESARA.org we will only be hurting ourselves, delaying the pain and playing into the hand of the Bad Guys. We will feel that the problems were solved but a readjustment wouldn't take care of what lurks in the shadows. We need a complete and total CREATIVE DESTRUCTION EVENT that ZEROS out everything. That will be achieved in a derivative collapse and/or an EMP.
So if you have any "assets" that are still entangled in the Electronic Financial System expect to lose them somewhere in the coming crash. That will most likely be balanced out by your holdings of gold and silver coin but only if it's in your own possession.
Food & Water Storage - For anyone who's analyzed how quickly food stocks turn at your average grocery store the timing is scary at best. Even without any kind of panic mentality most perishables take only a few days to sellout and get restocked. Imagine what would happen if there was a financial breakdown with no new deliveries due to a collapse. We're talking only hours after the word starts to spread before all the shelves are wiped clean (most likely from looting as electronic transactions will freeze).
So I recommend having a substantial amount of dried food on hand at all times. How much you will need will depend on the amount of people you will be sheltering and the duration of the collapse. I am of the view that the more dried food you have the better off you will be. Bartering with your extra food will prove to be very, very valuable if the problems persist.
And don't forget water. You won't survive without water. If there is a total breakdown you won't be able to rely on the local utilities for ANYTHING for a while. Get yourself some large plastic kegs that can hold enough water for you to survive off for at least a month or two. You'll also need it to cook with.
Gold, Silver & Cash - If there is a total breakdown of our electronic monetary system (as in wiped clean from the earth) you are going to want a nice pile of physical cash as well as gold and silver coins. The cash will be very valuable in the early stage of the crash because very few will have access to any and people are still conditioned to deal in fiat money. I suggest $1's, $5's, $10's and $20's. Also keep piling up that change that you currently toss into your change jar. It should go a long way right after the crash.
As for gold and silver...it might take a while for them to be accepted by the masses. With the markets frozen shut even gold and silver diehards will not know the value of a 1oz eagle coin. It is likely that there will be some sort of announcement by the Government about backing the new currency with gold or silver but it will take a while for people to both understand and accept this transition. Pre-1965 90% silver coins may be a very good transition money as they are recognized as legal tender, have the form and shape of our current money and their purity is reliable as forgery of these coins has not been a problem due to their low value...at least at the moment. There will likely be warnings to watch out for fake gold and silver as the veil is lifted off the ETF fraud and the bars drilled.
Piles of Basic Necessities and Just Stuff - One of the results of the currency crash will be the End of Globalization. This is easy to understand because nobody will be accepting fiat money any more. There will be anger at the US for basically defaulting on the dollar promises. China will nationalize all our factories and equipment in their country as payback. They will use this infrastructure to supply goods to their own population. Every other country will follow suit.
Unfortunately, the US imports almost everything these days so expect massive shortages on "STUFF" even after we get back on our feet with a new domestic backed currency. Make a checklist starting with the basic necessities such as toilet paper, medicines, soap, cleaning supplies, clothes, etc. Then you should move on to survival gear such as matches, tents, sleeping bags, knives, camping gear, etc. Then think about barter stuff like cosmetics, alcohol, sporting goods, kids toys, bicycles, etc.
EVERYTHING you stock up on can also be used for barter because there will be things that you didn't think of but will really, really want. Barter goes both ways.
It will take some time before manufacturing of most goods starts again in the US. It will start with the necessities and slowly but surely we will rise from the ashes...but it will all be domestic production for a while.
Protection & Safety - Given that you WILL be one of the few that is fairly prepared for this transition it is only appropriate that you protect your possessions as well as yourself and loved ones against those that were not as prepared and willing to take what they need. The obvious answer is getting a gun. I don't like to recommend it...but I will. If you do get a gun make sure you know how to use it and understand that it carries with it the ultimate moral responsibility. Don't use it UNLESS you have to.
Having said that there are many other steps you can take to tighten up your security. Get a VERY LOUD alarm for your home (and a battery powered back-up). Get motion censored security lights. Get a BIG safe and anchor it into the ground. Get some sort of air filter breathing mask in case of disease outbreaks. Get a portable water purifier. If you are with a group of people get some walkie-talkies.
But MOST of all GET TO KNOW YOUR NEIGHBORS as they will be your new community. You will need to band together and help each other through this. That old saying "there is safety in numbers" is something you should take to heart. Share your knowledge with them on how this all came about and the great potential for us to get though it if we stick together. YOU can change the way your community thinks and deals with the coming chaos. Yes, you might have to approach them AFTER the first signs of the crash because we all know how people react to us radical gold bugs already. But you can ease them into a NEW relationship you must development when things really start to fall apart. This local group will also be your barter partners so develop a good working relationship with your neighbors.
Tools To Rebuild Your Future - Once the initial shock wears off we will ALL be able to CREATE A NEW LIFE for ourselves. Remember...there will be no more debt. If it all goes the way I think it is planned by the Good Guys we will all be started off with a nice chunk of cash (gold and silver backed) so everyone will be able to take some time to figure out what they want to do with their NEW future. Many of the old jobs will disappear (finance jobs will be cut back the most) but new jobs will be available as we rebuilt our civilization.
So think about WHAT YOU ALWAYS WANTED TO DO but never had the time, money or confidence to do and start preparing for it now. What are the "tools of the trade" you might need for your new profession? It will take a while for manufacturing to get back on it's feet so you might want to stock up on supplies now to get a head start on the competition. Remember, people will have the means of payment but not so much the tools to be a producer. Get a head start while the tools are still available.
Examples: If you always wanted to be a clothes designer stock up on fabrics and thread. An organic farmer should stock up on seed and fertilizer. A guitar player should stock up on strings and a recording equipment. A local bread baker should stock up on flour, ingredients and paper bags to sell their products. In the beginning of our rebirth everything will be small and community centric so think about what people will need, how you can contribute and what will fulfill your desires as a profession.
These are just some of the things you should be thinking about to prepare for the coming changes. If you live in the city you will have different wants, needs and resources than someone who lives in the country. REALLY put your head to this topic and ACT before the chaos begins...
How long?
I think the initial "Shock and Awe" period where EVERYTHING shuts down and there is mass global chaos will be about 1 week. Then I think there will be a very slow improvement as local communities band together trying to help each other through the crisis. My time frame for that is 3-4 months. These will be very hard and very dark days with a lot of anger, fear and chaos.
OUR GLORIOUS FUTURE: After 4-6 months we will realize that we are finally FREE of the evil controllers that have held us in bondage for so long. We will rejoice in our new found freedoms and rejoice in the idea that we can create our own future full of peace and prosperity. The way we ALWAYS thought life should be if we had our choice. Now WE get to CHOOSE!!!
HUMANITY HAS ARRIVED AT OUR LONG PROPHESIED CROSS ROADS...
MAY GOD HELP US PICK THE RIGHT ROAD FROM HERE.
All the best in your endeavors.
Bix Weir www.RoadtoRoota.com
