Archive for the ‘Biblical Economics & Money’ Category

Demand for US Dollar is dropping like a rock

Wednesday, October 31st, 2012

A potential collapse is ahead for the US Dollar.  The rest of the world has already begun to insulate itself from the risk of collapse:

Feb, 2012: China and Japan sign trade agreement to bypass the US Dollar.

September 7th, 2012: China and Russia sign trade agreement to bypass the US Dollar.

China and Brazil sign trade agreement to bypass the US Dollar.

China and Australia sign trade agreement to bypass the US Dollar.

India and Japan sign currency swap agreement to bypass the US Dollar.

India and China are buying oil from Iran paying with gold.

Iran and Russia have agreed to bypass the US Dollar.

China and Chile sign trade agreement to bypass the US Dollar.

China and United Arab Emirates sign trade agreement to bypass the US Dollar.

China and Africa sign trade agreement to bypass the US Dollar.

March 29th, 2012: BRICS Agreement to bypass the US Dollar.

September 6th, 2012: China will buy crude oil from any country who will accept Chinese currency.

September 7th, 2012: China and Germany sign agreement to bypass the US Dollar.

On September 13th, 2012, Ben Bernanke announced the purchase of $85 Billion per month, QE to infinity.  Other countries are exiting the Dollar as quickly as possible and the American citizen is being put in harm’s way.  When will a currency event occur?  What will be the outcome?  Only Our Heavenly Father knows.  As the mechanism is put into place to process these agreements, the need for the US Dollar will decline.  When it declines, relative devaluation will occur.  The speed of decline will be determined by fear.  If this happens, there will be a ground swell of demand for a gold-backed currency.

This is the precursor to the counterfeit one-world currency which will support the counterfeit new world order.  Our Heavenly Father will allow the counterfeit to be exposed before HE replaces it with HIS Stone Kingdom.  We are called to prepare ourselves and trim our wicks.  We must not be foolish virgins.

German Gold gone?

Tuesday, October 30th, 2012

It is believed that the gold of Germany held in the U.S. is gone due to leasing of their gold into the market.  Movements of gold out of NY vaults were recorded until recently and those who monitored this movement are certain of this reality.  At the time, lending gold seemed to be a way to generate revenue.  Over 15,000 tons of gold were in play and sold into the market.  Nobody in power wants an audit of official gold holdings.  I wonder why?

3,400 tons of German gold are in question.  Are the other countries’ gold still in storage?  Who will have the final say?  The scramble for physical gold will force prices to go up as countries begin to demand the return of their gold.  Will there be trickery and scheming used to convince countries to leave their gold in NY?  Physical possession of hard assets is the only guarantee that you have that your asset still truly exists in this day of creative accounting.  China is quietly increasing its gold reserves and taking delivery of the physical metal.  They don’t publicize the purchases in order to keep their costs lower.  India has a history of gold accumulation.  Are the Kings of the East making a subtle move?

Counterfeit One World Government continues to form

Friday, October 26th, 2012

The European Union based in Brussels is the forerunner of the One World Government promoted by those who think they are in power.  The counterfeit always shows up before the genuine.  The Kingdom of GOD is truly the only one world government that can thrive and survive.  By creating a debt-based society and then strong-arming the populous who cannot pay off their debts, the bankers are wanting to take over with their money created out of thin air.  Really?

The Federal Reserve is buying US Debt with money created out of nothing.  People will look back fifty years from now and ask “What were they thinking?”  When will the charade come to an end?  When Our Heavenly Father opens the eyes of the populous and they no longer will tolerate counterfeit subjugation (forced submission to control by others).

EU leaders are holding leaders of the weak countries hostage.  The average person has no say in who is placed on the ballot for political leadership positions.  The elites will use force to keep subsets of the population in check.  We can expect to see bloodshed in those European countries who are being forced to give up their sovereignty.  Spain is on the cusp of being broken up and placed on a path of severe austerity with money created out of nothing.  The power of persuasion is working its magic and people are being lulled into submitting to an illusion.  Unbelievable!

The United States has increased its official debt by 33% in the last four years from $12 Trillion to $16 Trillion.  John Williams of shadowstats.com says that there is no way out of the coming hyper-inflationary cycle.  We can expect the inflation to increase and our savings to lose substantial purchasing power.  It would appear that there is a convergence of major global economic issues straight ahead in the next 24 to 36 months.  We must continue to press in to our relationship with Our Heavenly Father.  We must prepare ourselves for a change, no matter how it plays out.  We will be called to be strong on behalf of our loved ones.  Are you ready?

Extremely Important 28:44 minutes

Sunday, October 21st, 2012

Carlos, My Friend, directed me to this presentation after my last blog on the parabolic rise.

“Men go mad in herds as they only recover their senses one by one.”  I have believed that gold would move to levels of a bubble and felt like it might go as high as $40,000 per ounce.  To balance the US balance sheet, the gold holdings would need to be currently valued at $12,400, not a bubble valuation.  The suppression of gold prices has caused the price to slow down in its ascent on the curve.  If you are invested, it is critical to be able to hear Our Heavenly Father when to sell.  Otherwise, you will hop off the curve at the wrong time:

 

 

Disclaimer:

This website contains the ideas and opinions of the author. It is a conceptual exploration of financial and general economic principles. As with any financial discussion of the future, there cannot be any absolute certainty. What this article does not contain is specific investment, legal, tax or any other form of professional advice. If specific advice is needed, it should be sought from an appropriate professional. Any liability, responsibility or warranty for the results of the application of principles contained in the article, website, readings, videos,  books and related materials, either directly or indirectly, are expressly disclaimed by the author.

The front end of a parabolic rise

Saturday, October 20th, 2012

 

 

If this is a parabolic rise, where is the above graph found on the following graph:

I wonder where the price of gold is heading?  Silver?  No wonder there is such a battle raging in the gold futures market.

The Fiscal Cliff Ahead

Friday, October 19th, 2012

Don’t shoot the messenger.  Those are classic words for those who bring forth a revelation.  In Scripture, the prophets were killed for telling of events to come.  The following provides us with the dilemma the U.S. is facing.  Both political parties had a hand in getting us to this place.  Only Our Heavenly Father can solve this coming crisis and we must move close to HIM.  We must listen to HIS Words to navigate through the times ahead.  We can’t ignore the numbers much longer so we should prepare for what is coming.  People will become desperate and will look to those with answers.  We should expect to get them from Above:

 

$12,000 Gold?

Tuesday, October 16th, 2012

A few years ago Forbes would not have written any article touting $12,000 gold.  Now it doesn’t get much press.  The Fed’s agents are battling to keep gold below $1,800.  How long can they hold the price down?  Only Our Heavenly Father knows.

See Forbes article: http://www.forbes.com/sites/greatspeculations/2012/10/16/china-and-the-recipe-for-12000-gold/

Gold and Silver Manipulation

Tuesday, October 16th, 2012

Below are two graphs that show us what manipulation is all about:

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Notice the sudden drop.  The big boys are attempting to use fear to send gold and silver lower.  Thanks to them I was able to pick up some more stock of a junior gold  exploration company yesterday.  I put the order in over a week ago when the stock was 15% higher.  Faith and patience work together.

A picture is worth…

Monday, October 15th, 2012

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Gold Commentary by Egon von Greyerz of Switzerland

Wednesday, October 10th, 2012

The following bullets summarize the state of our financial system. Egon von Greyerz is a respected advisor and provides a summarization of the global situation below:

1. Worldwide money printing continues unabated

2. Just In 10 years $120 trillion have been printed making global debt $200 trillion

3. World GDP has gone from $32 trillion to $70 trillion 2001-2011

4. Thus $120 trillion debt is required to produce a $38 trillion annual increase in GDP

5. The marginal return on printed money is negative in real terms

6. Thus the world is living on an illusion of paper that people believe is money

7. This illusionary paper wealth will implode in the next few years

8. The initial trigger will be the collapse of the world’s reserve currency – the US dollar

9. The dollar is backed by $120 trillion of US government debt and probably NO gold

10. All currencies will continue their race to the bottom and lose 100% in real terms against gold

11. This will create a worldwide hyperinflationary depression

12. All assets financed by the credit bubble will go down in real terms

13. This includes stocks, bonds, property and paper money of course

14. The financial system is unlikely to survive in its present form

15. The banking system including derivatives has total liabilities of around $1.2 quadrillion

16. With world GDP of $70 trillion, the world is too small to save a financial system which is 17x greater

17. This is why there will be unlimited money printing and hyperinflation

18. The only asset that will maintain its purchasing power is gold:

http://goldswitzerland.com/wp-content/uploads/2012/10/GLOBAL-LIQUIDITY-TO-GOLD.jpg

19. Gold has been money for 5,000 years and will continue to be the only currency with integrity

20. Western countries’ 23,000 tons of gold is probably gone. See recent article by Eric Sprott: http://www.sprott.com/markets-at-a-glance/do-western-central-banks-have-any-gold-left/

21. The consequence is that most of the gold in the banking system is likely to be encumbered

22. This means that Central Banks one day will claim it back against worthless paper gold IOUs

23. Thus gold and all other assets within the banking system involve an unacceptable counterparty risk

24. Gold should be held in physical form and stored outside the banking system