Archive for the ‘Biblical Economics & Money’ Category

Europe goes negative

Monday, June 9th, 2014

As of last week, the European Central Bank is now in the midst of implementing negative interest on deposits.  Why?  To force depositors to seek a return on their money elsewhere… mainly the stock market.  This will not end well.

The U.S. stock market is already excessively high by historic standards and into bubble territory.  Zero interest rate policies by the central banks forced investors to move their money elsewhere for a return:  a move from zero risk to a greater level of risk.  They believe they can keep the perception of “wealth effect” going by this latest move.  The problem is that the average middle class investor is moving toward safety versus risk.  In addition to that position, baby boomers are beginning to cash in their portfolios to position themselves for monthly distributions to live on.  Many of them know the risk of the market having seen past meltdowns disintegrate their principal in a matter of hours.

How long can the charade last?  Only Our Heavenly Father knows.  After all , HE is the One who blinds the eyes so people can’t see the obvious.  This allows the maturing process to occur for the vessels of dishonor.  Fortunately, the vessels of honor are also moving toward full maturity.

There has been a “dearth” in the land, possibly for the past 21 years.  There has been a famine of “power from On High”.  What happened to the major ministries where masses of people were healed and restored?  There still may be “pockets” of success, but for the most part, there has been a vacuum of the “anointing”.  This appears to have been another time of compression, or preparation.  Compression occurs before expansion.  The maturing process of Jacob lasted 21 years before he finally had a change of character.

I believe our honoring the Feast of Pentecost was a necessary step for the next phase of expanding the Kingdom on earth.  It is all about getting our hearts right and in one accord.  The Body of Christ needs to be in unity before the next expansion.  There will be a Remnant rising to leaven the whole lump:

Luke 13:20 And again He said, “To what shall I liken the kingdom of God? 21 It is like leaven, which a woman took and hid in three measures of meal till it was all leavened.”  NKJV

The vessels of dishonor are preparing the way by moving the globe toward financial distress.  Their greed (love of money) will be their downfall.  The reliance on money rather than Our Heavenly Father will evaporate.  Men will turn from the wicked ways when their houses built on sand are demolished under the weight of the coming judgment of all the lawlessness.  There will be a gathering and a dividing.  The tares will be burned up.

The Problem with Paper

Thursday, June 5th, 2014

The following article emphasizes the need to take possession of hard assets where practical:

http://www.zerohedge.com/news/2014-06-04/china-scrambling-after-discovering-thousands-tons-rehypothecated-copper-aluminum-mis

 

When men stand between you and your investment, there is an inherent risk of fraud and theft.

Central Banks don’t trust each other

Friday, May 30th, 2014

August 21st, 2011:   Venezuela’s central bank has requested its 99 tons of gold holdings from the Bank of England, according to a bank statement sent by e-mail, citing the institution’s president Nelson Merentes.  “We’ve contacted the Bank of England and the corresponding protocols have been initiated to complete this operation as soon as possible,” Merentes said, according to the statement. “Once that’s done, the shipments will begin by sea.”  Chavez ordered the central bank Aug. 17 to repatriate $11 billion of gold reserves held in developed nations’ institutions. Venezuela holds 211 tons of its 365 tons of gold reserves in U.S., European, Canadian and Swiss Banks.

Then Germany: specifically, the Bundesbank will be bringing to Frankfurt all of its 374 metric tons stored at the Banque de France (11% of its total reserves), and 300 metric tons held in the vault of the New York Fed, reducing its share in the U.S. from 45% to 37%.  At market prices, that’s about €27-billion ($36 billion) worth of physical gold bars.

In October of 2012 the Netherlands asked for their gold back.

Over the past few years, Libya and Iran have also repatriated their gold holdings.

Now Austria wants to audit its gold at the Bank of England.

There is a breakdown in trust among those who have gold held in New York and London.  It may be gone.

It has been alleged that there is no gold left in the U.S. Official Reserves.  Requests for audits have been denied.  If there was no issue, you would not deny the requests.  If it is found that the reserves are gone, you will see gold skyrocket.  Gold bars held by a custodian have serial numbers and have a chain of custody.  It would be interesting to find out where all those bars are at.  Gold Bars get shipped to Switzerland to be melted down and recast for new buyers.  That may eliminate the ability to track the origin of some gold.  Food for thought.

The Recession is getting uglier

Thursday, May 29th, 2014

From John Williams at www.shadowstats.com:

> – It’s the Consumer, Not the Weather!
> – Weakening Economy Should Hit U.S. Dollar Hard, Boost Gold
> – First-Quarter Gross Domestic Product Fell by 1.0%;Gross National Product Tumbled by 2.1%; Gross Domestic Income Dropped by 2.3%
> – Before Inflation Adjustment, Nominal First-Quarter GDP Gained Just 0.3%
> – Pending Trade Data and Revisions Should Help to Set Negative Tone for Second-Quarter GDP and the GDP Benchmark Revision

The government publishes revised numbers long after the initial hoopla has past.  Most investors pay little attention to the revisions… which happen to be more accurate than the initial estimates.  John is our watchman.  To subscribe to his newsletter, go to: www.shadowstats.com

Corruption Abounds

Tuesday, May 27th, 2014

The reason that the financial markets are rigged is because regulators have their personal self-interest as their number one priority.  They either do not want to be fired by their superiors who have an exit plan to move to the private industry where their future is assured by the very financial institutions they are suppose to regulate, or… they have their own personal exit plan in place.  At any rate, it is about self-preservation.  They are not truly public servants.  The following list provides us perspective of how serious the current financial environment ailments are:

Gold Manipulation

Silver Manipulation

LIBOR Manipulation

Inflation Rate Manipulation

Equity Market Manipulation (via Federal Reserve)

Gold Equities Stock Manipulation

Silver Equities Stock Manipulation

Interest Rate Manipulation

Bond Price Manipulation

Social Security Cost of Living Increases manipulated

Currency Market Manipulation

The impact of all of these acts is to destroy the middle class in America.  This is the group who provides the majority of the growth in the U.S. and notably impacts the rest of the world.  Those in power have in essence provided the wealthy with a means to further concentrate their wealth and furthering the disequilibrium of wealth in society.  This will not end well.

The love of money is the root of all evil and will not sustain the current path toward destruction.  Today’s complex society/infrastructure has prevented the sudden collapse seen in the 1930’s.  However, the fundamentals remain the same.  Death of the current method of manipulation is sure to occur.  You cannot keep the natural order out of balance indefinitely.  The longer the system is out of balance, the more severe the correction.  Only Our Heavenly Father knows the timing and magnitude of the correction/replacement of the current system.  This is clearly not business as usual.

Energy Independence has once again faded away

Friday, May 23rd, 2014

Shale extraction by fracking as the solution to peak oil has been a pipe dream.  At the same time China and Russia continue to tie up resources.  The petrodollar is on the decline and the petro-ruble is coming on line.

See:  http://www.marketwatch.com/story/dream-of-us-energy-independence-was-just-revised-away-2014-05-22?dist=tbeforebell

A View of Gold & Silver

Wednesday, May 7th, 2014

Gold & silver are not for speculation.  They are for storing and saving value.  Right now, a great leveling of currency value is expected in 2016.  The Chinese would have you believe they are weak but their intent is to express weakness as they grow in strength.  This is a classic strategy expressed in the writing “The Art of War”.

As the US Dollar moves lower, the need for a bail-in will increase.  A bail-in is where your bank account is accessed by the government to prop up the bank’s capital structure.  Is the money in the bank yours?  You are an unsecured creditor.  They are not holding your cash but instead are using the funds to invest and lend.  They keep a reserve for withdrawals.  They use statistical history to determine how much cash they need to retain.  They do not account for a “Black Swan” event to occur.  In the end, a major cash requirement of the bank must be met by liquidating assets, borrowing from the Federal Reserve, issuing stock or more debt instruments, or exercising the right to withhold funds from being withdrawn for a certain period of time, as a part of the signature card/contract you signed.  The bail-in alternative would convert your funds to a different class of liability and probably unavailable to you to be converted to cash.

The derivative crisis that nearly brought down the banking system in 2008 has not been resolved.  The level of derivatives has grown to be even a greater risk today.

What is an alternative ?  To place your funds in another store of value.  Land is an option but not too liquid.  In the past, gold and silver have functioned in this capacity.  When you buy an ounce of silver, you vote against the current fiat system and remove value from that system.

Each of us must be led the Spirit in determining what actions to take to retain purchasing power.  The fragility of the current system would suggest some kind of action be taken.  No man knows the entire picture and thus cannot provide perfect financial counsel.  Our Our Heavenly Father understands the full complexity of the current environment.  This is why you must place your focus on hearing HIM.

The Real Unemployment Numbers

Monday, May 5th, 2014

From John Williams at www.shadowstats.com :

> – April Unemployment Numbers Showed Deepening Economic Disaster
> – Unemployed Dropped by 733,000, but Employed Dropped by 73,000, and Labor Force Fell by 806,000
> – February-to-April Payroll Jobs Gains Were Bloated Heavily by Concealed and Constantly-Shifting Seasonal Adjustments
> – April Unemployment: 6.3% (U.3), 12.3% (U.6), 23.2% (ShadowStats)
> – Revised Retail Sales Growth Was Slower 2011-to-Date; Downside Corrections to Prior GDP Reporting Loom in July
> – Construction Spending Remained Stagnant
> – Year-to-Year M3 Growth Rose to 4.0% in April

You cannot keep marketing a portion of the numbers forever.  Where will the investors turn to once they see the illusion?  There is too much money in the system to find another home.  The Titanic was deemed unsinkable the day before it sank.  Keep you life vests handy because we do not know when the big money will abandon ship.  The US Dollar will plummet, gold and silver will respond in the opposite direction.  Our Heavenly Father only knows the details.  Everyone else is simply guessing.

Classic Friday Manipulation

Friday, May 2nd, 2014

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Pushing down the market by $18 in a few minutes only occurs when an agent bank of the Fed gets instructed to push the price down in order to move traders to the sell side for the day.  The goal is to make the dollar look better than it really is.  They attempt to hide the truth of the matter but ultimately the truth will be revealed.

Later today, the buyers enjoyed the price:

CropperCapture[240]

And the Dollar Index dropped back down.  It appears that the weak gold and silver players may now be on the sidelines.

The Ultimate Giver

Saturday, April 26th, 2014

Philippians 4:8   Finally, brethren, whatever things are true, whatever things are noble, whatever things are just, whatever things are pure, whatever things are lovely, whatever things are of good report, if there is any virtue and if there is anything praiseworthy—meditate on these things.  NKJV

Our Heavenly  Father is the Possessor of Heaven and earth.  HE knows where all the resources are and reveals them as needed.  HE is the One Who established gold and silver as having value.  Man has substituted HIS value for their own, a counterfeit so to speak.  There have been many attempts throughout history to dilute the medium of exchange by those in power.  Each and every time they failed.  Greed was the source of their motivation and thus we are warned to be vigilant when dealing with money and not allow greed to take root in our lives.  Greed is a primary attribute of the self-preserving spirit and oh my it is subtle.

Men have convinced themselves that Our Heavenly Father cannot or will not be involved in their finances as HE is in other aspects of their lives.  They can believe in salvation yet they can’t seem to believe that HE might prosper their work and increase their provision.  Their unbelief in this area keeps the storehouse door closed.  They are of little or no faith in this area, they are void of HIS Word.

Our Heavenly Father reserved the Promised Land for HIS people.  It is the land of milk and honey, the land of sufficiency.  The people were in bondage to Egypt (the world) and HE was their Deliverer.  HE performed mighty miracles to set them free, HE moved upon the Egyptians to finance their journey, yet they still walked in unbelief.  Why?  They didn’t listen and believe HIS Words.  They could not or would not overcome their state of bondage.  They left Egypt physically speaking but in their minds they were still slaves to the system.  They believed in their bondage more than they believed in their Deliverer.  They feared death more than they believed Our Heavenly Father and HE revealed that to them in a test:

Exodus 20:18 Now all the people witnessed the thunderings, the lightning flashes, the sound of the trumpet, and the mountain smoking; and when the people saw it, they trembled and stood afar off. 19 Then they said to Moses, “You speak with us, and we will hear; but let not God speak with us, lest we die.”

20 And Moses said to the people, “Do not fear; for God has come to test you, and that His fear may be before you, so that you may not sin.” 21 So the people stood afar off, but Moses drew near the thick darkness where God was.

We must be willing to die to the flesh.  As we put off the old man, we are ready to properly receive from HIM and this includes receiving and distributing needed assets for the spreading of the Gospel.  We are to be pure conduits but until we believe that HE is able to provide ALL things, we will defer to other brethren who have overcome the bondage of Egypt.  If men’s hearts would change due to miracles, the entire nation of Israel would have been spiritual giants for they witnessed great miracles of deliverance by Our Heavenly Father.  You must HEAR His Word and believe on it and this includes acting on it.

Do you dare to come boldly to the Throne of Grace?  The prayer of a righteous man avails much.  Our Heavenly Father sets aside assets to be distributed through the “givers”.  HE moves upon men and circumstances to insure that HIS givers have sufficient means to operate.  HE assesses their intent to determine if they qualify as givers.  A giver is simply imitating Our Heavenly Father.  A mature son takes on the same characteristics as THE FATHER.

In Malachi chapter 3, HE nets it all out:

8 ​​“Will a man rob God?

​​Yet you have robbed Me!

​​But you say,

​‘​In what way have we robbed You?’

​​In tithes and offerings.

9 ​​You are cursed with a curse,

​​For you have robbed Me,

​​Even this whole nation.

10 ​​Bring all the tithes into the storehouse,

​​That there may be food in My house,

​​And try Me now in this,”

​​Says the LORD of hosts,

​​“If I will not open for you the windows of heaven

​​And pour out for you such blessing

​​That there will not be room enough to receive it.

11 ​​“And I will rebuke the devourer for your sakes,

​​So that he will not destroy the fruit of your ground,

​​Nor shall the vine fail to bear fruit for you in the field,”

​​Says the LORD of hosts;

12 ​​And all nations will call you blessed,

​​For you will be a delightful land,”

​​Says the LORD of hosts.

The “takers” are in bondage to the devourer.  They look at ways to satisfy their lack and address their needs.  They rely on the old man to try to somehow fulfill their needs.  They look to the system of bondage rather than honor Our Heavenly Father by aligning their intent with HIS.  You say “How can I give when I am broke and can’t pay my bills?”  My reply, “Start giving something, anything.  You have time, give some time to benefit someone else.  Help an elderly person, help a neighbor.  Change your focus of being a taker to a giver.  You must start somewhere.  Bake cookies for your neighbor.  Write a letter of kindness to a neglected person of the past.”

People use the excuse that they need money to be givers thus they are in a “catch 22” situation.  Our Heavenly Father uses just weights and measures to determine HIS distribution channels.  You may give time and receive money from a different source.  You may give money and receive an idea for a new venture, a restoration of relationship, or a Divine healing of a chronic health issue.

The blessings of obedience found in Deuteronomy 28:1-14 apply to us spiritually, financially, emotionally, and physically.  To omit one of these areas is to say that Our Heavenly Father is insufficient to meet a need.  Possibly the one thing that needs to change is the subtle intent in your heart.  Are you a giver or a taker?  Your actions, time, and your checkbook reflect your fruit.  Maybe its time to inspect the fruit.  The mature firstfruits are presented and offered at the Feasts.  The immature must wait…  It’s time we dealt with the tougher areas of being an overcomer.