Archive for the ‘Biblical Economics & Money’ Category
Friday, July 22nd, 2011
There has been much reporting about the debt ceiling debate, political positioning, and alternatives. However, the official debt ceiling is not the issue. The “unofficial” debt is the issue. Medicare, Medicaid, and Social Security unfunded liabilities require an additional $20 Trillion over the next decade as they are currently defined. ...
Posted in Biblical Economics & Money | Comments Off on The Debt Ceiling is not the issue
Monday, July 18th, 2011
I have been projecting this number since April 11th, 2009. I thought gold might hit this target by 1/11/11 but missed by 188 days. Oh well… The unfortunate news is that the U.S. budget deficit, the European crisis, the housing crisis, and other economic events all contributed to this new ...
Posted in Biblical Economics & Money, Love | Comments Off on $1,600 Gold has arrived
Thursday, July 14th, 2011
9% annual inflation over the last 3 years. True unemployment 16-22% Investment Bank bonuses: Huge The following may provide us a hint to the disconnect: China, India, and other countries are buying tons of gold. Why did we ...
Posted in Biblical Economics & Money, Love | Comments Off on $5.3 Trillion Injection over the last 3 years
Wednesday, July 13th, 2011
I recently returned from my annual trek to the beach at the Alabama/Florida border. It provides me with a “boots on the ground” view of the economy. I-10 was busy on the July 4th weekend as usual. On the other hand, the beach traffic thinned out dramatically by Wednesday, a ...
Posted in Biblical Economics & Money | Comments Off on Economic Summary of My Road Trip
Friday, July 1st, 2011
Posted in Biblical Economics & Money | Comments Off on Economic Reality Video
Thursday, June 23rd, 2011
The Biblical Law of Weights and Measures requires that you don’t change a “measure” to allow you to take further value from a contract than the original agreement. If you don’t like the inflation number, then redefine it downward. That will save the government money since the CPI determines raises ...
Posted in Biblical Economics & Money | Comments Off on Sanctioned Theft from the Seniors?
Friday, June 17th, 2011
In a few days QE2 (Quantitative Easing 2 by the Federal Reserve) will end. This situation is likened to a high wire act over Niagara Falls on a windy day with gusts up to 40mph. With Greece in meltdown and other European countries not far behind, the U.S. is also ...
Posted in Biblical Economics & Money | Comments Off on On the threshold
Thursday, June 16th, 2011
For those who have followed this blog over the years, you know that I believe gold & silver to be your best “insurance” against economic calamity. We saw the parabolic rise in silver this year only to see it retreat to the $35 range, a normal market response. The underlying ...
Posted in Biblical Economics & Money | Comments Off on Gold & Silver Position Update
Wednesday, June 15th, 2011
Is ignorance bliss? Unfortunately, I think not. During the last recession I wrote on the “W” type recession that called for a double-dip recession. As always, the government did not acknowledge the severity of the recession until it was over thus keeping the populace ignorant of the facts. That downturn ...
Posted in Biblical Economics & Money | Comments Off on Noah, have we started building yet?
Wednesday, June 8th, 2011
Disinformation is false or inaccurate information that is spread deliberately with intentions of turning genuine information useless. On one of the morning shows, the reporter interviewed a representative with U.S. News and World Report who just completed a study to rank the top 20 diets in effectiveness. In the interview, ...
Posted in Biblical Economics & Money | Comments Off on Disinformation