Archive for the ‘Biblical Economics & Money’ Category
Saturday, August 17th, 2013
Last month, the Chinese were net sellers of U.S. Treasury Bonds. Of course, the Federal Reserve created money and took up the slack. In recent years, it was assumed the Chinese would buy all of our debt. Instead, they are buying all of our gold, silver, and hard assets with ...
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Friday, August 16th, 2013
There are as little as 47.5 to 1 claims of paper gold ounces to physical ounces and as high as 100 ounces to 1 ounce of the physical. When a physical ounce of gold is removed from the market, then paper claims must shrink and they go through a settlement ...
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Wednesday, August 14th, 2013
Many of the brethren have been focusing on the revaluation (RV) of the Iraqi Dinar. Our Heavenly Father has given me no revelation about this revaluation event. Though it has appeared to be imminent for years, those with Dinar are still waiting to cash in. In the meantime, it ...
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Friday, August 9th, 2013
Countries are diversifying away from the U.S. dollar and the Euro as they are perceived more and more as fiat currencies. Other central banks are reducing dollar holdings and are creating trade agreements dealing in local currencies thus sidestepping the dollar. An example of barter: India and China have Gold ...
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Wednesday, August 7th, 2013
Recent reports show 1,300 tons of gold are missing from the Bank of England. Further, LBMA warehouse inventories of gold have dramatically decreased. The London Bullion Market Association (LBMA) is the international trade association that represents the wholesale market for gold and silver, which is centered in London but has ...
Posted in Biblical Economics & Money | Comments Off on Run on the “Gold” Bank
Tuesday, August 6th, 2013
Each transaction has “Intent” behind it. In today’s world, the biggest challenge for each of us is to discern the intent when transacting with others. Yes, there is the “letter” of the law so to speak, but there is also the intent behind the transaction. How wonderful it would be ...
Posted in Biblical Economics & Money | Comments Off on Truth in the Transaction: Part 2
Sunday, August 4th, 2013
I rarely have a watch date but August 12th happened to have come up on the “radar”. It could be economically oriented. Be vigilant! I have no other details. If nothing happens on that day other than the usual, no worries. It may be personal or corporate. At this juncture, ...
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Saturday, August 3rd, 2013
All of us take part in transactions everyday of our lives. A transaction is any activity that involves an exchange of value. When you breathe, you exchange carbon dioxide for oxygen. The plants win, you win. What a great and fair system of exchange. Transactions occur inside your body as ...
Posted in Biblical Economics & Money | Comments Off on Truth in the Transaction: Part 1
Friday, August 2nd, 2013
In 2008 when the Fed lowered the savings rate to virtually zero, the retirees were severely hurt. To add insult to injury: Swaps Probe Finds Banks Manipulated Rate at Expense of Retirees See: http://www.bloomberg.com/news/2013-08-02/swaps-probe-finds-banks-manipulated-rate-at-expense-of-retirees.html I will soon be writing about “Truth in the Transaction”. It’s time.
Posted in Biblical Economics & Money | Comments Off on The Obvious Exploitation of Retirees
Friday, August 2nd, 2013
Gold went into to backwardation recently. Backwardation is the name for the condition that the market quotes a lower price for a more distant delivery date, and a higher price for a nearby delivery date. This means that people want the delivery of gold now rather than later in the ...
Posted in Biblical Economics & Money | Comments Off on Mistrust in the Current System