A Graphic Reality
Friday, November 30th, 2012How will this be paid for?
Archive for the ‘Biblical Economics & Money’ Category
Force Majeure at two depositories?
Thursday, November 29th, 2012CME Declares Force Majeure at Manhattan Gold Depository Read more: http://www.foxbusiness.com/news/2012/11/26/cme-declares-force-majeure-at-manhattan-gold-depository/#ixzz2DWWpuvB5 CME announced that it's Manfra (MBT) bullion depository can't deliver bullion right now because of Sandy (force majeure): http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012/11/27/ It is highly unusual and unlikely that the true issue is a result of Hurricane Sandy. ...
Fiscal Cliff Source
Tuesday, November 27th, 2012Today, an article was published that further expands on comments I made in an earlier blog: http://finance.yahoo.com/news/why-16-trillion-only-hints-040600503.html The question is asked: Why haven't Americans heard about the titanic $86.8 trillion liability from these programs? If you have been reading our blogs over the last few years, you ...
The Human Agent of the LORD: Part 2
Thursday, November 22nd, 2012As mentioned before: In Acts 16, Paul is given a vision: 9 And a vision appeared to Paul in the night. A (certain) man of Macedonia stood and pleaded with him, saying, “Come over to Macedonia and help us.” Thus Paul and Silas headed to Macedonia to ...
The Fiscal Cliff
Wednesday, November 21st, 2012Some summary observations based on my understanding and supported by past blogs: By 2004, the U.S. budget deficit was out of control. Using Generally Accepted Accounting Principles (GAAP), the deficit of 2004 was $11.0 trillion versus a reported $412 billion cash-basis deficit. The true annual deficit is running ...
Where’s the gold?
Tuesday, November 20th, 2012I tend to agree with Sprott’s analysis and assessment.
Gold continues to be reaffirmed
Wednesday, November 14th, 2012Under the current economic system, gold and silver are true money, both have no liabilities attached to them. All other forms of money (fiat currency) have some form of liability attached to them and thus their value is not fixed. The framers of the US Constitution established the dollar and ...
Economic Pain may be deferred
Wednesday, November 7th, 2012In a recent blog, I suggested that there would be a time difference of economic pain depending on which candidate won. It would now appear that we have been given a reprieve an immediate currency event. This delay will serve the Body of Christ to continue its preparation of bringing ...
The Timing of Economic Pain
Sunday, November 4th, 2012The next four years are probably the most critical years in my economic lifetime. My parents were able to ride the wave of postwar prosperity and enjoy relative stable rates and a stable economy throughout their later years. 5 to 7% interest on their retirement allowed them to live a ...
Turbulence expected ahead
Saturday, November 3rd, 2012John Williams of Shadowstats.com writes: “U.S. Presidential Election. On Tuesday, November 6th, voters will select the President of the United States who will serve for the term extending from January 2013 to January 2017. Regardless of whether Barrack Hussein Obama or Willard Mitt Romney wins the election, the next ...