Archive for the ‘Biblical Economics & Money’ Category

U.S. Federal Shutdown

Saturday, October 12th, 2013

Is the U.S. Debt Ceiling really an issue?  After all, it has been raised 75 times in the last 50 years.  Now when the U.S. Treasury issues new debt, The Federal Reserve is buying or backing the bonds.  Where do they get the money?  Out of thin air.  Voila!

The Fed could bail out the U.S. Treasury like it did for the banks in 2008.  Now worries!

President Obama has sufficient Executive Orders and other statutes in place to proclaim a “National Catastrophe” and raise the debt ceiling with a stroke of the pen.

The website of the Affordable Healthcare Act (Obamacare) is an utter embarrassment to the IT community.

Closing down non-essential services is a rounding error to the real problem.  It is similar to when the Federal Reserve quit reporting M3 money supply because they said it cost too much…  I say “Just print some more money to pay for the paltry cost!”

The U.S. Treasury will not default but will pay interest on the debt with soon to be worthless fiat currency.  The game will continue for now.

The stock market may ultimately rally to 16,000 or higher before taking a plunge.   The charade can’t last forever.  John Williams at www.shadowstats.com reported:

Consumer Credit and Sentiment Show Deteriorating Consumer Liquidity Circumstances

Estimated Headline U.3 Unemployment Rates:  7.3% in September, 7.6% in October, versus August Actual of 7.3%

Estimated Headline Payroll Changes, or Jobs Gains/Losses:  181,000 Gain in September, 430,000 Loss in October, versus August Gain of 169,000

What do these mean?  The consumer’s situation is worsening thus the economy is getting worse.  Quantitative Easing will continue.  Obamacare costs will add to the burden, thus pushing discretionary spending further down.  Contraction is likely in the coming months.  Corporate earnings after the Christmas season are likely to be dismal, except in the healthcare-related sector and the blame game will continue into the next election cycle.

The President’s power has been dramatically increasing over the last few decades.  The use of Executive Orders has allowed the President to circumvent Congress and the Judicial Branch.  Due Process is no longer necessary, Congress doesn’t like it, and opposing leaders are trying to expose it further.

All of the shenanigans inside the beltway are affecting the lives of our children and grandchildren. It is more important than ever to be Spiritually attuned to the times.  Men are blinded to the big picture so they will be illogical in their assumptions and move toward destruction.

It is estimated that the U.S. has over $220 Trillion in total debt and there is no way to pay it off except by default or devaluation of the currency.  Either way, it will not bode well for the populace.  We must focus on the Divine Intent of Our Heavenly Father in these matters knowing that HE Loves us and will see us through whatever lies ahead.

Kings of the East

Thursday, October 10th, 2013

President Obama nominates Yellen and the price of gold and silver gets slammed as though she will be able to fix the currency.  Meanwhile, the Kings of the East continue to acquire the true currency:

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They are on schedule to buy up the entire year’s output from gold mines at bargain prices.  They are currently the number one manufacturer in the world and they are preparing to disconnect from the dollar.  When that happens, most Americans will wonder what happened while they were watching their “reality” shows.  Fiat currency printing will continue in its ever-expanding pace until Mystery Babylon falls from the weight of paper, metaphorically speaking.

Playing “Chicken” with the World Economy

Tuesday, October 8th, 2013

 

Nobody wins when you vie for superiority.  Why?  You have disclosed your intent and can never be trusted again.  You have based your relationship on fear and the other party will figure out a way to depart from the relationship, one way or another.  You have changed the course of history.  The President and Congress have placed America at risk.  The rest of the world looks on as both sides accelerate to the point of no return.  Who will flinch first?

Meanwhile, China looks on with great disgust.  How can the world be put in subjection to risky American politics?  What measures will they take to protect themselves from the fallout of the unrighteous actions of a few hundred in Washington?  We must all conclude that other nations will not forget this.  They will move their economies and currencies away from the impact of a U.S. centric world.  American politicians are arrogant enough to think that we are too big to be removed from global leadership.  Who are we kidding?

See: http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11136351

See: http://www.reuters.com/article/2013/10/07/china-usa-shutdown-idUSL4N0HX1HJ20131007

The Biggest Manipulation: Foreign Exchange Market

Sunday, October 6th, 2013

Everyone knows that the gold and silver paper markets have been manipulated by agent banks on behalf of the U.S. government.  This is true of the U.S. stock exchange as well… for years.  Technical traders have seen so many “flag pole” rallies painted on their screens, many have become fully discouraged (and broke) trying to use their technical formulas to make money in the market.  However, the manipulators are not greater than the global market.  They may have finally met their match.

Swiss Regulators Probing Alleged Currency Manipulation

The $5.3 trillion-a-day foreign exchange market is being investigated by the Swiss.  The arrogance of the large investment banks will surely be exposed once again.  The LIBOR scandal was just the beginning.  Hopefully we will see the truth exposed.  See:http://www.bloomberg.com/news/2013-10-04/swiss-regulator-probes-alleged-foreign-exchange-manipulation.html

By the way, you cannot manipulate gold or silver bullion.  It is what it is.

What Do Hammers Do?

Saturday, October 5th, 2013

They look for nails to beat down.  President Obama made a very public statement this week- He suggested that the financial markets should be concerned about the shutdown/debt-ceiling crisis.  This is a standard tactic of manipulation.  He wants to place the responsibility of losses in the stock market due to the government shutdown squarely on the shoulders of the opposition.  We are apolitical in our views because we believe that the Kingdom of GOD should be the final governmental authority.  Our Heavenly Father will install HIS manifested authority in due time.  In the meantime, I believe we are in a “bridge” or transition period that will surely be surrounded by volatility and chaos.  As John Williams puts it in his latest newsletter at www.shadowstats.com :

Instead of trying to promote orderly and stable markets, the Administration appears to have been playing an extraordinarily dangerous game, in recent days, trying to talk down the stock market, while counterbalancing some financial-market moves with intervention activity through the efforts of the President’s Working Group on the Markets (a.k.a. the “Plunge Protection Team”). “

It appears that the President has his hammer out, looking for nails in a field of landmines.

There is every reason to believe that we are outside the range of prior experience.  The current environment has never been experienced in human history, so we do not have a prior experience to refer for understanding.  The only reference we have is known as “Divine Intent”.  Dr. Vincent Speckhart thoroughly covers this topic  in his book: “Quantum and Non-Quantum States of The Lord Jesus Christ”, available at www.unity153.net

David Stockman, former Director of the Office of Management and Budget, compares this crisis to the one he dealt with in 1981 under President Reagan.  He states:

“It’s going to be catastrophic.  The market has bid up financial assets of all types, and if confidence is ever broken due to an unexpected event, a black swan, or a Lehman event, I think there will be massive selling.  There won’t be any bids, and the Fed will be hard-pressed to make a new rescue regime like it did in September of 2008.  After all, interest rates are already at zero, it can’t radically drop them like it did back then. “

Four years ago, the Federal Reserve was talking about “exit” strategies for the Quantitative Easing program.  Four years later, there is no exit in sight.  Further, they have pushed rates to zero without success.  What else is left?  More money printing?  It appears that extreme money printing is ahead.  Gold and silver will benefit if that happens.

Short term possible outcomes:  After much wrangling, kicking dirt, spitting, and name calling, there will be some compromise.  The stock market will soar to 16,000.  Suddenly, the market will figure out that the Affordable Healthcare Act will cause the middle class to quit spending money on consumption, simply to pay for the additional costs of premiums.  Why?  Based on my current understanding, your healthcare premium will be affected by your BMI.  Body mass index (BMI) is a measure of body fat based on height and weight that applies to adult men and women.  If you are placed in the “obese” category, you will pay more, even though you are healthy.  How many baby boomers will be classified as overweight?  Most of them.  You will be required to pay for your past eating habits, your genetics, and your exposure to environmental toxins.  Environmental toxins?  Yep, where do you think your body stores toxins you have been exposed to?  In your fat.  It is part of the mechanism to protect your heart.  Do you women have a hormone issue that has caused you to gain weight?  It affects your BMI… and your pocketbook soon.

The Affordable Healthcare Act may be the Black Swan in white swan clothing we have been expecting.  The unintended consequences of their actions may come home to roost.  If that happens, economic chaos will cause everyone to lose some weight.  I guess they will then claim success.  The average American’s BMI will be in the normal range.  To calculate your BMI, go to: http://www.nhlbi.nih.gov/guidelines/obesity/BMI/bmicalc.htm

Pull out your running shoes, back away from the table, and fall in love with gluten-free, sugar-free foods.  Time is short!  And Ladies, get those hormones under control.  It may soon be federally mandated.  Men, beer is not a vegetable… sorry to pop your bubble.

(Not So) Great Mall of China

Friday, October 4th, 2013

The bubbles and imbalances are everywhere:

 

Consider the parallels and ramifications.

… I guess it is multimedia day.

Nothing Is Normal

Wednesday, October 2nd, 2013

In John Williams’ latest newsletter (www.shadowstats.com), he states, “Nothing is normal: not the economy, not the financial system, not the financial markets and not the political system.”  I agree.  On the 1st day of the government shutdown, the President’s Working Group on Financial Markets kept the selling of stocks, the selling of the U.S. dollar, and buying of gold from occurring.  It was clear when you looked at the drop in the price of gold yesterday.  It should have been moving up on the uncertainty.  Ultimately, market fundamentals will prevail. 

For those in pension funds, you might want to gain perspective from the research of Matt Taibbi.  He exposes Wall Street’s latest source of unscrupulous activities. 

It just keeps getting uglier out there and the truth is harder to discern for the average person.  This is emphasizes the fact that our only source of Truth is Our Heavenly Father.

16,000 Dow?

Tuesday, October 1st, 2013

Last night the U.S. Government shut down… sort of.  This charade of the two party system is designed to move power from one party to another.  Since the Fed can print unlimited money, only the legal wrangling remains before the spigot opens again.  Once this happens, the stock market might experience “euphoria” and push the Dow to 16,000.  If this happens, I see it as the world’s attempt at love and it will then miserably fail.

Richard Russell, known as the Godfather of newsletter writers, sees the potential of a “megaphone formation” or the “broadening formation.”

He said, “This final wave of optimism is the market’s kiss of death, since this final rising wave takes stocks far above known values”.  He looks for the Dow to collapse to 5,000.  Incidentally, ”5” if the number of Grace.

In his interview: Question — How do you think we should prepare for these massive changes that you foresee?

Response:  I’m not really sure, but my first response is that we must abolish greed and become spiritual.  Currently, it seems to me that the emphasis is on profit, growth at any price, power, greed and wealth.”

He expects a drop like this would evoke a new monetary system.

I think Richard is on to something big!

(As a courtesy: He writes the Dow Theory Letter: https://ww2.dowtheoryletters.com/ServicesOnline.nsf/Subscription+Form?OpenForm)

Disorder Ahead

Saturday, September 28th, 2013

Economic disorder is ahead. The Fed is learning by doing and they are screwing it up. Who will pay the price? You and I have been paying for five years but we will keep paying. Rhode Island has changed its pension laws to reduce value and costs. Who cares what was promised years ago. Tough luck. Prepare for other pension funds to be compromised as well. You must protect yourself. If your pension fund is located in a public entity without a balanced budget, you will be among the first targets. Others will have more notice as disorder increases. Take the opportunity to minimize your exposure, if possible. Convertible hard assets are the best protection against those who will exploit you.

Usurpers of Law

Thursday, September 26th, 2013

Usurp: to take and keep (something, such as power) in a forceful or violent way and especially without the right to do so.  Do U.S. government officials have the right to manipulate markets to perpetuate a lie?  This is exactly what is going on in today’s markets.  It is well known among lawmakers that bills passed in Congress, Parliament, or whatever the government entity, contain subtle statutes which enable officials to carry out their own agenda.  The current environment in the gold and silver markets is the most obvious example.

Fiat currencies are a lie, they represent an illusion of wealth.  The moment you give a small group of men and women the power over wealth, they will ultimately make decisions based on greed… unless they are directed by Our Heavenly Father.  The U.S. Dollar has lost 98% of its value since the 1920’s.  Fiat currency systems have a history of collapse.  There has never been a fiat currency to survive hundreds of years.  On the other hand, gold and silver have managed to survive as currency over thousands of years.  Why do governments steer away from gold and silver?  They can’t manipulate its value.

Is a lower law that contradicts a higher law legally enforceable?  The highest law is the law of Love, the two Commandments explained by Jesus Christ.  Once men separate from the “spirit” of those two laws, they become usurpers of law.  Thinking that you can pass a statute to “legally” manipulate a market at the expense of the populace is a short-sided view.  There will come a day of reckoning and it will not be pretty.  Men and women will wonder “How could GOD allow this to happen?”.  HE will simply refer to the Law of Equal Weights and Measures, then pronounce HIS judgment.

By the way, HIS name is not GOD, it is LORD GOD ALMIGHTY:

​“Holy, holy, holy,

​​Lord God Almighty,

​​Who was and is and is to come!”

or, if you know HIM, it is FATHER.