Archive for the ‘Biblical Economics & Money’ Category
Thursday, November 19th, 2009
With President Obama now acknowledging the possibility of a "double-dip" recession (we called it a "W" shaped depression) more banks are looking at recommending a defensive posture for their wealthy clients. I did not receive my copy, did you? See: http://www.telegraph.co.uk/finance/economics/6599281/Societe-Generale-tells-clients-how-to-prepare-for-global-collapse.html We are moving toward the edge of a financial ...
Posted in Biblical Economics & Money | Comments Off on Gold would go "up, and up, and up"
Wednesday, November 18th, 2009
Everyone seeks revelation, or so they claim. Actually, everyone seeks a double witness to embrace their current view and new revelation may be rejected since by the ego-dominated view prevails over the consciousness of the people. This is not a new issue. The entire generation of Israelites died in the ...
Posted in Biblical Economics & Money | Comments Off on Asking the Wrong Question
Monday, November 16th, 2009
This graph says it all and it would be wise for you to understand the ramifications of what this graph tells you and prepare for its impact in the near future. Look at the dark blue section "Crude oil - currently producing fields". That is the oil coming ...
Posted in Biblical Economics & Money | Comments Off on Deception & Perception: Increasing scarcity of oil
Saturday, November 7th, 2009
Energy Oil prices are at $77. Oilfield depletion continues whether the global economy is in a recession or not. New oilfield discoveries are in a steady decline despite the advances in technology. There is insufficient new production coming online to offset these factors as global demand is increasing. China has ...
Posted in Biblical Economics & Money | Comments Off on Perfect Storm continues to build
Wednesday, October 28th, 2009
As I have said in the past, increased complexity equals collapse. There are just some things the mind has trouble grasping. Monetary engineers have built a house of cards that can only remain standing by the Fed's willingness to provide the glue: taxpayer dollars. The excuse of "greater good" always ...
Posted in Biblical Economics & Money | Comments Off on Is Another (Oolong) Tea Party Brewing?
Saturday, October 24th, 2009
PBS aired a documentary that implicates the players who have had direct impact on the economic crisis at hand. This documentary provides a historical perspective of how derivatives grew into the current "out of control" condition. This 55 minute video provides critical understanding about the current condition of the U.S. ...
Posted in Biblical Economics & Money | Comments Off on Brooksley Born: The Voice in the Wilderness
Tuesday, October 20th, 2009
The answer is: No, not in terms of inflation-adjusted U.S. Dollars. The price would need to hit $2,190 to be a true new high. I expect this to occur by December 21st, 2012 or earlier. As the BRIC countries increase their per capita income, new demand to hold ...
Posted in Biblical Economics & Money | Comments Off on Has Gold hit a new high?
Monday, October 19th, 2009
The current U.S. culture relies on greed by those in control and apathy of the voting masses. Just gimme my Dallas Cowboys on Sunday and I'm happy. By the way, thanks for the new billion dollar stadium, Jerry. The President is going to send Social Security recipients $250 since there ...
Posted in Biblical Economics & Money | Comments Off on Greed and Apathy
Sunday, October 18th, 2009
The current U.S. Administration is moving toward enacting a "punishment" tax against the oil & gas industry. This will surely reduce capital expenditures by the industry thus reducing new reserve discovery, development and production. Expect $100+ oil as this predatory tax and accelerated existing field decline rates create the Perfect ...
Posted in Biblical Economics & Money | Comments Off on Peak Oil Update
Thursday, October 15th, 2009
In Scripture the revelation of Jubilee is powerful. Grace and Mercy from Our Heavenly Father is the basis of Jubilee, or the wiping out of all debt. The Blood of Jesus Christ paid the price for all sin thus we have a legal remedy to the issue of sin. In ...
Posted in Biblical Economics & Money | Comments Off on A Potential Jubilee for Borrowers facing Home Foreclosure