Archive for the ‘Biblical Economics & Money’ Category
Saturday, January 21st, 2012
In 1978, the total debt in the U.S. was $719 Billion. Today it is $56 Trillion. This is a 77X increase. How much more debt can we handle? Hyperinflation is moving closer and it will be a time of great change. We must muster up the courage to face change. ...
Posted in Biblical Economics & Money | Comments Off on $10,000 Gold
Thursday, January 19th, 2012
In these days of leverage, any interruption in the flow of cash can be disastrous. Often, your bank’s signature card will include a statement whereby they have 30 days to respond to a cash withdrawal request. Though they rarely exercise this stipulation, it does exist. What would happen if you ...
Posted in Biblical Economics & Money | Comments Off on The Speed of Cash
Monday, January 16th, 2012
From the Securities Investor Protection Corporation website, http://www.sipc.org/pdf/HSPY_English_2011.pdf : “Terms of SIPC help. Customers of a failed brokerage firm get back all securities (such as stocks and bonds) that already are registered in their name or are in the process of being registered.” Securities registered in the “Street ...
Posted in Biblical Economics & Money | Comments Off on SIPC Protection of your Brokerage Account
Sunday, January 15th, 2012
The MF Global disaster emphasized the need for investors to go to any means to protect their wealth. Stockbrokerage firms do not want to facilitate any move to the issuance of physical stock certificates. When you buy stocks, the stockbroker generally puts the stock in their “street name” rather than ...
Posted in Biblical Economics & Money | Comments Off on Direct Registration of Securities
Sunday, January 15th, 2012
War with Iran may now be imminent. China is extremely dependent of Iran for oil. The price of oil could hit $200 if the markets get spooked and the U.S. would make sure that the Chinese oil imports continue, even if from Saudi Arabia. I expect this war to be ...
Posted in Biblical Economics & Money | Comments Off on War with Iran
Monday, January 9th, 2012
Wealth destruction is alive and well. Financial repression is keeping the interest rates at near zero. This helps the big banks make money at the expense of savers. At the same time inflation continues its upward march. $2.29 for a soda? This isn’t New York City! It wasn’t that long ...
Posted in Biblical Economics & Money | Comments Off on Wealth Destruction or Wealth Transfer
Saturday, December 31st, 2011
The Currency Wars are in full swing and no country wants a strong currency. Central Banks’ Money Printing causing deficits to grow to an unsustainable level. Financial Repression pushes the interest rate well below the inflation rate thus extracting purchasing power away from the saver. Market Intervention ...
Posted in Biblical Economics & Money | Comments Off on The Current Economic Environment
Thursday, December 29th, 2011
There is so much noise occurring in the financial markets that one must step back and look at the fundamentals. First let’s look at the historical performance of both metals: Gold % Gain/Loss Silver % Gain/Loss It is clear the silver ...
Posted in Biblical Economics & Money | Comments Off on Gold & Silver in 2012
Friday, December 23rd, 2011
Posted in Biblical Economics & Money, Love | Comments Off on Merry Christmas!
Friday, December 23rd, 2011
2 Timothy 2:19 Nevertheless the solid foundation of God stands, having this seal: "The Lord knows those who are His," and, "Let everyone who names the name of Christ depart from iniquity." Are you bearing the seal of being THE LORD’s? 2012 will bring unprecedented changes and now is ...
Posted in Biblical Economics & Money, Love | Comments Off on Bearing His Seal