Archive for the ‘Biblical Economics & Money’ Category
Thursday, April 4th, 2013
Yesterday was a day of investment banks attempting to scare the holders of gold, silver, and related stocks into submission. Why would the Federal Reserve target such a small aspect of the financial system? It is simple. The price of gold determines the health of the U.S. Dollar. In the ...
Posted in Biblical Economics & Money | Comments Off on The Coming Financial Destruction
Wednesday, April 3rd, 2013
Yesterday, the central planners orchestrated a coordinated takedown of gold, silver, and related shares. Why? It is my belief that they are extremely concerned that the current system is crumbling and they must first and foremost manage “social order”. If the current system was strong, would the Federal Reserve ...
Posted in Biblical Economics & Money | Comments Off on The Assault on Gold (and Silver)
Tuesday, April 2nd, 2013
This article summarizes the hundreds of blogs that I have written over the last few years and demands ten minutes of your time: http://www.nytimes.com/2013/03/31/opinion/sunday/sundown-in-america.html?pagewanted=all&_r=0 I wish I had better news but it is better not to live in denial. At least you can do something in preparation of ...
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Monday, April 1st, 2013
What is counterparty risk? It is the risk to each party of a contract that the counterparty will not live up to its contractual obligations. Counterparty risk is a risk to both parties and should be considered when evaluating a contract. Are you involved in a counterparty risk contract? ...
Posted in Biblical Economics & Money | Comments Off on Cyprus: The ultimate counterparty risk
Sunday, March 31st, 2013
On 16 March, everything changed. The European Central Bank (ECB), the International Monetary Fund (IMF), and the German government led by Angela Merkel forced the Cyprus leadership to cross a line that can never be forgotten: Unauthorized withdrawals from bank deposits. This amounts to confiscation, initially set at 6.75% if ...
Posted in Biblical Economics & Money | Comments Off on March 16th, The Day that changed the world
Friday, March 29th, 2013
The Cyprus Banking Crisis has opened the door to the willingness of central banks taking our money out of the our account and effectively putting it in the capital accounts of the banks, a pure confiscation of assets. Think about it. Where is your money safe if it isn’t protected ...
Posted in Biblical Economics & Money | Comments Off on Last Ditch Effort
Tuesday, March 26th, 2013
This move clears the way for the East to take over the West by 2020. The West may try to use a world war to prevent this from happening. Greed is blinded by the bloodthirstiness for power and will do about anything to retain control. See: http://finance.yahoo.com/news/brics-nations-plan-bank-bypass-133602688.html
Posted in Biblical Economics & Money | Comments Off on BRICS Nations Plan New Bank to Bypass World Bank, IMF
Tuesday, March 26th, 2013
Many of the brethren will be meeting in Gap, Pa. this weekend. Sixteen (Love) years ago, our daughter got a job “standing in the Gap”, a prophetic sign. She was a greeter in the Gap clothing store. In the same year, the Promise Keepers went to Washington, D.C. for a ...
Posted in Biblical Economics & Money | Comments Off on The Gap
Monday, March 25th, 2013
BRUSSELS, March 25 (Reuters) - Cyprus clinched a last-ditch deal with international lenders on Monday for a 10 billion euro ($13 billion) bailout that will shut down its second largest bank and inflict heavy losses on uninsured depositors, including wealthy Russians. “Let us all save the banks by imposing ...
Posted in Biblical Economics & Money | Comments Off on Cyprus, the canary in the mine
Saturday, March 23rd, 2013
I have heard many interviews with Nigel Farage. He clearly calls it like he sees it. He has generally been accurate in his assessments.
Posted in Biblical Economics & Money | Comments Off on UK Commentary on Cyprus