Archive for the ‘Biblical Economics & Money’ Category
Thursday, February 7th, 2013
The banks are holding assets that are in a declining valuation and they have been given a deferral on reconciling their assets values. Instead of valuing this inventory at market value, they have maintained the value at these houses at their original cost. If they were to immediately sell off ...
Posted in Biblical Economics & Money | Comments Off on 20 Million Vacant Homes
Wednesday, February 6th, 2013
Earthly power will always pursue war to sustain its lust for more power. The European Union will ultimately look to war in order to maintain its rise to power. “We will do whatever it takes to maintain the European Union.” is the rallying cry of the head of the EU ...
Posted in Biblical Economics & Money | Comments Off on Power demands War
Sunday, February 3rd, 2013
The value of your Dollars continue to decline. Retailers are repackaging their products into smaller sizes or contents and charge the same amount for less. That equates to inflation. Gold is money. Dollars are “notes” or derivatives of money. Gold holds value and preserves purchasing power whereas Dollars are ...
Posted in Biblical Economics & Money | Comments Off on Erosion of Fiat Currency
Friday, February 1st, 2013
A “Short Squeeze” is a rapid increase in the price of a stock, bond, or commodity asset that occurs when there is a lack of supply and an excess of demand for the asset. Speculators “sell short” the asset using a derivative of that asset hoping to buy it back ...
Posted in Biblical Economics & Money | Comments Off on The Greatest Short Squeeze in the history of mankind
Thursday, January 31st, 2013
GOD is Love thus Love is constant and… infinite. Other aspects of this physical life are in flux, either growth or decay. We grow physically or we decay physically. We grow spiritually or we decay spiritually and “grow cold”: Matthew 24:12 And because lawlessness will abound, the love of ...
Posted in Biblical Economics & Money, Love | Comments Off on Growth versus Decay
Tuesday, January 29th, 2013
There is life after Mystery Babylon:
Posted in Biblical Economics & Money | Comments Off on Iceland Update
Thursday, January 24th, 2013
The following list is from http://theeconomiccollapseblog.com/archives/do-you-want-to-scare-a-baby-boomer I have seen many of these statistics from other sources. What amazes me is the slack attitude of many baby boomers. Self-indulgence is at the center of their attitudes. These are the same people who allowed “government sanctioned” lawlessness to become part of ...
Posted in Biblical Economics & Money | Comments Off on 35 Reasons to be concerned
Thursday, January 24th, 2013
The Chinese are developing a gold-backed currency using the Yuan. They continue to purchase gold as quietly as possible. They are using some of their U.S. Dollars to convert to gold, a store of value without any attached liability. Last year China imported at least 1,000 tons of gold and ...
Posted in Biblical Economics & Money | Comments Off on Battle between the East and the West
Monday, January 21st, 2013
Not with shale oil. I have been discussing the economics of shale drilling with a friend of mine who is a geologist. We both agreed that the cost of drilling those horizontal wells versus the expected output and decline did not make sense. Just as the Internet bubble could not ...
Posted in Biblical Economics & Money | Comments Off on Will the U.S. be energy independent?
Friday, January 18th, 2013
John Williams’ Shadowstats.com reports today: “Based on generally-accepted-accounting principles—or GAAP-based accounting—the 2012 consolidated financial statements of the United States Government showed a $6.9 trillion deficit for fiscal 2012, up from $4.6 trillion in 2011.” I recommend a subscription to his service. It saves the rest of us time ...
Posted in Biblical Economics & Money | Comments Off on $6.9 trillion deficit in 2012