Archive for the ‘Biblical Economics & Money’ Category

Today’s Assault on Gold

Wednesday, April 10th, 2013

We saw a coordinated attack on gold today and you can expect continued price volatility.

Goldman Sachs says its time to short gold: http://finance.yahoo.com/news/goldman-sachs-says-time-short-132705633.html

Their job as an agent to the powers that be is to drive down the price of gold.  Privately, I expect them to become buyers at a lower price.

The Federal Reserve has assured us that all is well while behind the scenes they are doing everything necessary to maintain “social passiveness”.  They lower the yields to push up bond prices thus show a wealth effect, they inject liquidity into the financial system that pushes up stock prices AND the wealth effect.  The problem is that they must continue intervening in the market that does not have any economic recovery in sight.

We have had over three years of quantitative easing and other countries are moving away from the Dollar due to this manipulation.  If this continues, the Fed loses control and they will not be able to contain inflation.  The Fed told the brokerage houses that hedge funds were going to sell their gold positions which filtered down to other owners who immediately liquidated their positions, a classic manipulation technique.

The Japanese are creating money to help save the value of the dollar.  This is only a short-term solution and their retirees will suffer.  Physical gold is being removed from the market and at some point there will be no physical gold left to buy.  That may come true for silver as well.

If gold and silver bullion were not a threat, the Fed would not be attacking it.  All they are doing is facilitating a massive transfer of wealth to the Eastern Kings.  It may soon be checkmate.

Post-Broadcast Volatility

Tuesday, April 9th, 2013

For those who joined me for Sunday night’s broadcast, I shared some of the investments I personally made.  Also, I indicated that I am not an investment advisor and strongly recommend that you seek wise counsel before you invest.  However, we all know that some people will still “pull the trigger” if they feel comfortable with what they hear.  After all, we are all adults and must accept some responsibility for our decisions.

If yesterday, you bought some of the stocks that I indicated I own and have added to my position as cash flow has allowed, the following screenshot (4/9/2013 10:07AM) provides you with some perspective of how fast prices move:

CropperCapture[161]

If you bought Newmont Mining yesterday just before the close and sold it at about 10:07 this morning, you would have made 2% on your investment of 1 day.  Not bad, considering the bank is paying you .7% for an entire year.  Timing is everything.  I didn’t sell.  I am holding on to my position, right or wrong.

As a reminder:

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.

A Plausible Scenario

Tuesday, April 9th, 2013

I call those who are behind the scenes with the current power and authority “central planners”.  They attempt to map out the best strategy to keep their power and authority intact.  Control is the name of the game.  They would sell their grandmother for a buck.  After all, she isn’t lookin’ so good now is she.

We must sift through all the words and painted perceptions to see their intent as well as expect Our Heavenly Father to expose their hearts to us.  On a macro scale it is becoming obvious what direction the central planners are pursuing.  We must assume that isolated thinking is not occurring at the top of the pecking order.  If anything, communication is greater now than ever before.  1oo years ago you could isolate a country and extract its wealth with little awareness on the other side of the globe.  The Internet eliminated the ability to hide the intent.

The central planners’ current actions:

1. Control the printing of a country’s currency by legal mandate.

2. Disconnect gold as a reserve against the amount of currency you can print.

3. Charge the country interest for money you create out of thin air.

4.  Attempt to eliminate the business cycle dips by increasing money supply.

5.  Utilize “agents” to manipulate certain financial indexes that the market looks to in determining investment focus, such as the S&P 500 Index.

6.  Manage business activity by manipulating interest rates thus promoting borrowing by reducing rates to zero if necessary.

7.  If the market fails to buy sovereign bonds, buy them and collect interest yourself on the money you created.

8.  Create derivative agreements that insure your profit in all your activities, given that you control the outcome thus insure the counter-party will lose.

9.  Attack the price of gold (and silver) in the futures market to weaken the resolve of holders of gold thus slowing down the rise of gold against the money you created out of thin air.

10.  Buy up infrastructure assets from countries who are desperate to raise funds to pay for their deficits.

11.  Imbed language into certain laws that will allow you to confiscate the public’s deposits if certain events occur.  You will make sure those events DO occur.

12.  Test the public’s reaction to money confiscation on a small scale, then back off.  Hello Cyprus.

13.  Goose the stock market by injecting liquidity (printing excess money) and make people feel like they are wealthy.

14.  Short the market, then publicize that the market is too high sending signals to institutional managers to switch to bonds.

15.  Keep the population entertained and their focus off of your activities.

16.  After gold investor sentiment is sufficiently negative, accumulate gold and silver bullion at lower prices in preparation of creating a new currency.

17.  Redefine government statistics to hide poor performance, inflation of your currency, and minimize transfer payments to the retired.

18.  Create an adversary for the population to focus on whenever any negative event is about to occur.

19.  After you accumulate sufficient gold, reconnect the gold to the currency at a much higher price.  After all, you bought gold with money you created out of thin air.

The above is not all inclusive but just a plausible scenario motivated by the love of money.  Our Heavenly Father will (or has) created a snare for the central planners.  Time will tell us just how it plays out.  It sure does take a lot of energy and focus to manipulate and exploit people.

Last Night’s Ustream Broadcast

Monday, April 8th, 2013

We deem last night’s broadcast as a success.  We had 150 viewers.  Some viewers represent more than one person.  Our brethren in Australia were able to join us live.  I hope each of you found the 2 1/2 hour live broadcast helpful.  It is now time that we no longer operate as isolated individuals loosely held together by a couple of Feast gatherings per year.

Could this be the beginning of us rallying resources together for a Kingdom-based enterprise?  There is a small group of us ready to take on that mandate if we can secure a public shell or other legal entity that will provide the necessary flexibility to accomplish the melding together of diverse callings and produce a life-promoting enterprise to benefit people rather than exploit the common man.  FATHER, we stand ready!

Even a 12 Year old understands the problem!

Sunday, April 7th, 2013

 

Thanks to Michelle from Canada to bring this to our attention.

The BBAN Story –or- “How to not operate in your calling”

Sunday, April 7th, 2013

I was introduced to “Spiritual signs” in late 1995 and with that came a lot of excitement.  It was like a whole new world had opened up to me, not unlike Neo in the movie “Matrix”.  Suddenly I could see signs around every corner knowing that even around those corners, Our Heavenly Father created signs.  I must admit I became intrigued with the signs to the point where they played an important role in my decisions.  The result was disastrous.  Over the next few years I was deceived by the signs because “signs will answer you according to the idols in your heart”.  Yes, signs become idols.

A close friend known by many of the brethren had introduced me to the stock BBAN.  Along with the introduction, many signs were given to indicate that this stock would be a “slam dunk” for profitability, a fabulous return on investment, the sky was the limit.  The signs were everywhere thus I plunged into the stock expecting a blessing from Above.  Instead of a blessing, I took a huge “haircut” on the deal.  The details are below:

IRA Shares   Total   Avg Price
4/20/2000 200   $619.75   3.10
  300   $896.63   2.99
Regular          
3/20/2000 500   $3,572.50   7.15
  500   $3,594.50   7.19
           
Total bought  1500   $8,683.38   5.79
           
Sold BBAN          
Regular          
12/24/2003 1000   $22.81   0.02
           
  500   $0.00   0.00
           
Total 1500   $22.81   0.02
           
Total Loss     ($8,660.57)    

Notice how I was stilling “listening”  to the friend and the signs in April of 2000 thus I bought more stock.  I failed to use my gifts and calling to discern whether this was an appropriate investment.  Had I been more mature in my calling I doubt I would have taken the plunge.  Did Our Heavenly Father orchestrate this situation to train me?  Of course.  Was it my friend’s fault I invested?  That is between him and Our Heavenly Father.  I must accept accountability for my own actions.

Later in 2004 the SEC brought charges against the head of the company for his “pump and dump” scheme:

http://www.sec.gov/litigation/admin/34-50440-o.pdf

When I asked Our Heavenly Father about “signs”, HE said “All signs are of me but not all signs are relevant to you, I will let you know which are relevant signs.”  Did I recover from the $8,660 loss?  Yes, that was one of the many costs of education and training associated with my calling.

Each of us needs to focus on our individual callings and not allow our calling to be compromised by others’ words and/or actions no matter how good their intentions.  Our callings will be tested to see where we stand.  If we pass the test, we go on to the next level of maturity.  It we fail, we get some further training at the current level.

Our callings produce something for the Kingdom.  If it is money, we should distribute.  If it is some other tangible calling, we should distribute.  If it is intangible, we should distribute.  Hoarding the fruits of your calling is an indication that you don’t understand how the dynamics of the Kingdom work.  We are called to minister to others according to our calling, not consume others’ callings for our own self-preservation.

I shared this personal example to provide perspective.  Most people only want to share the successes.  I have had my share.  However, examples like this caused my eyes to be opened to correction so that I could continue the maturing process.  My desire is to help the brethren to come into full maturity with good fruit abounding to their account.  If I want advice about cattle ranching, I don’t see the counsel of an auto mechanic.  If I want tax advice, I don’t go to a plumber.  When you get ready to take action based on the advice or perspective of another, make sure their calling and anointing is in the area of the advice or perspective.  Just as Moses used artisans to build the various instruments of the Temple, we should identify callings before we put time or money in a deal.  Unless you hear Our Heavenly Father, do nothing!

Caveat emptor!  (Latin for "Let the buyer beware")

It’s a race

Saturday, April 6th, 2013

Which currency can win the race to depreciate the quickest?   The dollar, euro, pound, or the yen?

Place your bets!

U.S. Labor Update

Saturday, April 6th, 2013

Does the following graph indicate a recovery as the stock market would have us believe?

fredgraph

The Fatal Mistake

Saturday, April 6th, 2013

The worst mistake a logical person can make is to think the other logical person will not walk into an unwinnable situation.  The logical person fails to consider the spiritual and emotional aspects affecting men’s thinking.  Consider Jesus.  Logical men thought Jesus would say whatever was necessary for self-preservation.  HE did the opposite.  Glorification requires death of self to precede life, a counter-intuitive act.

Seeing a loss in the gold and silver stocks this week was a time of adding to my positions with the cash I could scrape up.  Why?  As shown in my previous blogs, the global economic situation screams weakness to the point of failure.  The only conclusion I could make was the PPT was once again pushing the price of gold and silver down in an attempt to frighten holders of the metals and related stocks.  Too little, too late.  We are on to your mischief.

Both sides knew WW I was unwinnable and expected the other side not to walk in to war.  It was illogical but that did not stop the war from going global.  Who would have thought the rule of law would be crossed in Cyprus.  It was a totally illogical act.  In one fell swoop, the IMF pulled the rug out from under Bernanke’s massive plan to re-liquefy the banking system.  Now you have a potential contagion that could rock the entire financial system.  Your money is no longer safe.  Actually, the value of your money is no longer safe and hasn’t been for a while.

Assuming that you believe that I have been listening to Our Heavenly Father for the last 10 years, you have been exposed to steps I have been taking to protect my family’s financial state.  Isn’t that simply being a good steward?  We have been moving towards zero debt, simplification, and diversification into investments that retain value over the long haul.

Has the fatal mistake been made in the global financial market?  We may soon find out.

Finance-oriented Broadcast This Sunday at 7:30PM CDT

Friday, April 5th, 2013

In talking with Thom Mills, we believe this would be a good time to have a Finance and Economics-based broadcast in light of the global events now occurring. 

You can ask questions during this live session and I will give you my personal opinion as a response. Of course my opinion does not necessarily reflect the views of Servias Ministries, Inc. nor am I a licensed, qualified investment professional.

To participate and ask questions, go to  http://www.ustream.tv/channel/the-baptism-of-love 

Select the Chat tab to enter your questions or comments.  Hopefully you will find  this broadcast informative and timely.

We expect to return to our normal Bible study broadcast next week on Sunday at 3PM CDT.

The material in the broadcast and on the website have no regard to the specific investment objectives, financial situation, or particular needs of any visitor or participant in any broadcast. 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.