“Gold Fix Study Points to Decade of Bank Manipulation“
We have been talking about this for years. It is interesting that finally the media is reporting it. Silver has been manipulated as well, even to a greater degree. It appears that the days are numbered for those who have assumed they were above scrutiny. Maybe we are entering the time of reconciling “Equal Weights and Measures”. Get the scales out.
See: http://finance.yahoo.com/news/gold-fix-study-shows-signs-090756962.html
“Just a few of the roadblocks: Independent producers will spend $1.50 drilling this year for every dollar they get back. Shale output drops faster than production from conventional methods. It will take 2,500 new wells a year just to sustain output of 1 million barrels a day in North Dakota’s Bakken shale, according to the Paris-based International Energy Agency. Iraq could do the same with 60.” Source: http://finance.yahoo.com/news/dream-u-oil-independence-slams-000001732.html
We discussed the economics of horizontal shale wells 5 years ago and had concluded then that the economics didn’t add up. Now the media is admitting the same conclusion. I wonder why the media took so long to draw the same conclusion? Maybe it is because those in charge of the stories did not see fit to share the reality until now.
Energy is big business. Whoever controls the energy supply runs the show. As long as Saudi Arabia requires U.S. Dollars for their oil, the Dollar will be a world currency. Iraq tried to bypass the Dollar. Result: They were invaded and Saddam was removed. Iran is bypassing the Dollar. Result: They are economically isolated. There is now civil unrest in the Ukraine. Who are the instigators? It just happens to occur while the Winter Olympic Games are being held in Sochi.
It would appear that the central planners are working to keep the current status quo… until Our Heavenly Father implements the next aspect of HIS plan.
From Shadowstats.com:
These graphs indicate the reality: High Unemployment, Heavy Government Assistance, and High Anxiety among the Middle-Class.
To subscribe to Shadowstats, go to http://www.shadowstats.com/subscriptions
There is no honor among thieves. We must be extremely cautious over the next 33 months. All indications are that there is a economic cataclysmic event on the horizon. Any asset you can’t hold in your hand or physically look at may be at risk. Paper is only as good as honor among both parties. History is full of examples where contracts were broken, money was confiscated, accounts were frozen, and rules were changed while people slept.
The scales will be balanced by Our Heavenly Father. HE knows the nefarious motives of those who think they are in charge of things. HE will allow them to be exposed of their hidden motives. I expect a “Great Reset” and the lawlessness resident in the financial system will be cleansed. Exactly how it plays out, only Our Heavenly Father knows.
I like local banks over the large NY banks. The local banks are “outsiders” and are less risky than the big banks. However, they have inherent risks since they typically sell Fed Funds overnight to the money center banks via the Federal Reserve. In the 70’s, I sat on the “Money Desk” for a few days and sold $300 Million in Fed Funds each day to those same banks. At the same time, I bought around $200 Million from our smaller correspondent banks on an overnight basis. We would make a quarter point spread back then and call it “good”. The next morning, the funds would automatically be returned to all parties. Over the weekends, we bought and sold Fed Funds for 3 days. What would happen if the Fed shut down operations on Friday night? Bank liquidity would go to zero! Depositors could not get their money out. Those excess funds sold might exceed the bank’s liquid capital. In response, the bank might “call” all loans. This would mean borrowers would be given notice that they must pay all outstanding loan balances (read the fine print). This could create a domino effect throughout the economy. That is the current exposure the banking system has.
If you buy a silver coin for about $22 right now, you take value out of your local bank and put it in your pocket. You own “money”, not a claim against a bank account. Obviously, we all need to keep a bank account with money in it to cover bills, mortgages, etc. However, if calamity does come, your silver coin in your pocket is stored value, readily accessible. This is why I view buying a few coins each month as “insurance” against calamity. I don’t give investment advice but I am sharing with you what I believe is coming out of a heart of Love. Who else is interested in us “little guys”? Our Heavenly Father, not the wolves of Wall Street.
The material on this website has no regard to the specific investment objectives, financial situation, or particular needs of any visitor. This site is published solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments.
References made to third parties are based on information obtained from sources believed to be reliable, but are not guaranteed as being accurate. Visitors should not regard it as a substitute for the exercise of their own judgment. Any opinions expressed in this site are subject to change without notice. Servias Ministries, Inc. is not under any obligation to update or keep current the information contained herein.
Servias Ministries, Inc.’s officers, directors and associates may have an interest in the securities or derivatives of any entities referred to in this material and accepts no liability whatsoever for any loss or damage of any kind arising out of the use of all or any part of this material. Our comments are an expression of opinion. While we believe our statements to be true, they always depend on the reliability of our own credible sources. We recommend that you consult with a licensed, qualified professional before making any investment decisions.
If not, just reclassify groups of people until the numbers correspond to the politically correct:
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The emerging markets are being rattled by central planners in order to push the money back to the U.S. markets. How? When you manipulate currencies in emerging markets, the relative value of their investments will show loses and weakness. In response, the big money begins to liquidate their positions from the emerging markets and look to a safer haven. The U.S. stock and bond markets appear to be the best looking house in a bad neighborhood. With the global financial connectivity, money flows quickly around the world. Their goal is to keep the party going!
A “Pan-global cataclysm” is the term coined in a recent interview. When? Only Our Heavenly Father knows. Some predict this year, others mention next year, yet a few place an outside chance for 2016. At any rate, each of us should place our priorities in getting our house in order. First, spiritually. Second, relationships. Let there be no unforgiveness found among you and your loved ones, neighbors, or acquaintances. Thirdly, simplify your finances, expenses, and belongings.
There are plenty of “official” signs as laws are being passed to increase control of the masses. They see a major negative event on the horizon. They do not know what else to do in order to protect their path of death and destruction. Instead, they should be promoting righteousness and Love. Those are the solutions to life more abundantly. How many times will you read these warnings? Until the event has happened or Our Heavenly Father has removed the imminent risk of the event. The Scripture supports a major cleansing when there is such lawlessness and wickedness throughout the globe. This is why I am preparing for a major cleansing.
Throughout history, Our Heavenly Father has had to cleanse the earth of wickedness. Appropriately, the movie “Noah” is soon to be released, starring Russell Crowe. As a few of you know, some of the movies coming out of Hollywood have been rather prophetic of coming events. Our Heavenly Father meets every person where they are at. He will use various types of media to cry out the message. Men are often unaware that they are being led by HIS Most Holy Spirit to prophesy. By the way, “Son of GOD” is also being released with weeks.
Our Heavenly Father sent forth the following proclamation:
Luke 2:14 Glory to God in the highest, and on earth peace, good will toward men.
How do you attain peace on earth? By removing the wickedness. Jesus spoke a parable about this very topic:
Matthew 13:24 Another parable He put forth to them, saying: “The kingdom of heaven is like a man who sowed good seed in his field;
25 but while men slept, his enemy came and sowed tares among the wheat and went his way.
26 But when the grain had sprouted and produced a crop, then the tares also appeared.
27 So the servants of the owner came and said to him, ‘Sir, did you not sow good seed in your field? How then does it have tares?’
28 He said to them, ‘An enemy has done this.’ The servants said to him, ‘Do you want us then to go and gather them up?’
29 But he said, ‘No, lest while you gather up the tares you also uproot the wheat with them.
30 Let both grow together until the harvest, and at the time of harvest I will say to the reapers, “First gather together the tares and bind them in bundles to burn them, but gather the wheat into my barn.” ’ ”
The Disciples asked Jesus to explain the parable of the Tares to them:
36 Then Jesus sent the multitude away and went into the house. And His disciples came to Him, saying, “Explain to us the parable of the tares of the field.”
37 He answered and said to them: “He who sows the good seed is the Son of Man.
38 The field is the world, the good seeds are the sons of the kingdom, but the tares are the sons of the wicked one.
39 The enemy who sowed them is the devil, the harvest is the end of the age, and the reapers are the angels.
40 Therefore as the tares are gathered and burned in the fire, so it will be at the end of this age.
41 The Son of Man will send out His angels, and they will gather out of His kingdom all things that offend, and those who practice lawlessness,
42 and will cast them into the furnace of fire. There will be wailing and gnashing of teeth.
43 Then the righteous will shine forth as the sun in the kingdom of their Father. He who has ears to hear, let him hear!
I have referenced Richard Russell in the past. He happens to be one of the most respected investment newsletter writers of today, with six decades of experience. This last week, he stated “I’d be lying if I said that I wasn’t worried about the way things are going. Frankly, I’m truly scared for myself, my family and the nation. I have the sinking feeling that the stock market is on the edge of a crash. “
He further stated that he is invested in gold, silver, and some cash. He has reportedly closed out all other positions. Is this the time of the great cleansing? From an economic standpoint, we appear to be on a collision course with a great cleansing of “value”. Wicked men have attempted to exploit mankind for personal gain. Government statistics have been manipulated to the point of presenting an illusion of safety to the market. When will the cleansing get into full swing? Once the “Ark” is ready. Could it be that the Passover Conference being planned for New-ark this April is another one of Our Heavenly Father’s specific notices of what lies ahead?
My IRA or MyRA is designed for the poorest working people to save for retirement with as little as $5 per paycheck being placed into an account that buys U.S. Treasury Bonds. There are already plenty of retirement vehicles out there but the President is adding another. Why? Mandatory confiscation of a portion of your paycheck to support the Federal debt may be ahead. This is in addition to your other deductions of federal, state, social security, and medicare taxes. Oops, I almost forgot your healthcare deduction as well. The rest of your check will be to pay for rising food and rent prices. At the same time, you will be restricted from taking money out of the bank in large and not-so-large sums. After all, you are really an unsecured creditor and that money you put into the bank is similar to an investment. If you try to take out too much cash, the authorities will put you on a watch list.
Welcome to the brave new world.
PS: If this scares you, you should watch yesterday’s Online Bible study on “Fear”. You should not fear men and their devices. Our Heavenly Father will deal with them. Hopefully the Bible study will give you some pointers on how to handle the coming challenges. To watch the recorded version, go to: http://www.ustream.tv/channel/the-baptism-of-love . The title is “Dealing with fear”.
The following Psalm provides an excellent summary of the big picture as I see it today and have been writing about for that last few years. As we move from darkness to light, our understanding and appreciation of various passages in Scripture increase. How many times have you read a Scripture but then a new and fresh appreciation surfaces? As we mature in Christ, we should expect this to happen. John knew this when he wrote “because the darkness is passing away, and the true light is already shining”. Please read the following Psalm slowly and meditate on it for a few minutes before watching the video below.
Psalm 37
1 Do not fret because of evildoers,
Nor be envious of the workers of iniquity.
2 For they shall soon be cut down like the grass,
And wither as the green herb.
3 Trust in the LORD, and do good;
Dwell in the land, and feed on His faithfulness.
4 Delight yourself also in the LORD,
And He shall give you the desires of your heart.
5 Commit your way to the LORD,
Trust also in Him,
And He shall bring it to pass.
6 He shall bring forth your righteousness as the light,
And your justice as the noonday.
7 Rest in the LORD, and wait patiently for Him;
Do not fret because of him who prospers in his way,
Because of the man who brings wicked schemes to pass.
8 Cease from anger, and forsake wrath;
Do not fret—it only causes harm.
9 For evildoers shall be cut off;
But those who wait on the LORD,
They shall inherit the earth.
10 For yet a little while and the wicked shall be no more;
Indeed, you will look carefully for his place,
But it shall be no more.
11 But the meek shall inherit the earth,
And shall delight themselves in the abundance of peace.
12 The wicked plots against the just,
And gnashes at him with his teeth.
13 The Lord laughs at him,
For He sees that his day is coming.
14 The wicked have drawn the sword
And have bent their bow,
To cast down the poor and needy,
To slay those who are of upright conduct.
15 Their sword shall enter their own heart,
And their bows shall be broken.
16 A little that a righteous man has
Is better than the riches of many wicked.
17 For the arms of the wicked shall be broken,
But the LORD upholds the righteous.
18 The LORD knows the days of the upright,
And their inheritance shall be forever.
19 They shall not be ashamed in the evil time,
And in the days of famine they shall be satisfied.
20 But the wicked shall perish;
And the enemies of the LORD,
Like the splendor of the meadows, shall vanish.
Into smoke they shall vanish away.
21 The wicked borrows and does not repay,
But the righteous shows mercy and gives.
22 For those blessed by Him shall inherit the earth,
But those cursed by Him shall be cut off.
23 The steps of a good man are ordered by the LORD,
And He delights in his way.
24 Though he fall, he shall not be utterly cast down;
For the LORD upholds him with His hand.
25 I have been young, and now am old;
Yet I have not seen the righteous forsaken,
Nor his descendants begging bread.
26 He is ever merciful, and lends;
And his descendants are blessed.
27 Depart from evil, and do good;
And dwell forevermore.
28 For the LORD loves justice,
And does not forsake His saints;
They are preserved forever,
But the descendants of the wicked shall be cut off.
29 The righteous shall inherit the land,
And dwell in it forever.
30 The mouth of the righteous speaks wisdom,
And his tongue talks of justice.
31 The law of his God is in his heart;
None of his steps shall slide.
32 The wicked watches the righteous,
And seeks to slay him.
33 The LORD will not leave him in his hand,
Nor condemn him when he is judged.
34 Wait on the LORD,
And keep His way,
And He shall exalt you to inherit the land;
When the wicked are cut off, you shall see it.
35 I have seen the wicked in great power,
And spreading himself like a native green tree.
36 Yet he passed away,fn and behold, he was no more;
Indeed I sought him, but he could not be found.
37 Mark the blameless man, and observe the upright;
For the future of that man is peace.
38 But the transgressors shall be destroyed together;
The future of the wicked shall be cut off.
39 But the salvation of the righteous is from the LORD;
He is their strength in the time of trouble.
40 And the LORD shall help them and deliver them;
He shall deliver them from the wicked,
And save them,
Because they trust in Him.
The video is quite thought provoking. We have no affiliation with the makers of the video or their product. However, I expect to purchase some of their product myself… hopefully.
Aloha, Mike! Thanks for the link to the video.
Disclaimer:
The material on this website has no regard to the specific investment objectives, financial situation, or particular needs of any visitor. This site is published solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments.
References made to third parties are based on information obtained from sources believed to be reliable, but are not guaranteed as being accurate. Visitors should not regard it as a substitute for the exercise of their own judgment. Any opinions expressed in this site are subject to change without notice. Servias Ministries, Inc. is not under any obligation to update or keep current the information contained herein.
Servias Ministries, Inc.’s officers, directors and associates may have an interest in the securities or derivatives of any entities referred to in this material and accepts no liability whatsoever for any loss or damage of any kind arising out of the use of all or any part of this material. Our comments are an expression of opinion. While we believe our statements to be true, they always depend on the reliability of our own credible sources. We recommend that you consult with a licensed, qualified professional before making any investment decisions.