Archive for the ‘Biblical Economics & Money’ Category
Saturday, December 20th, 2008
Contango is a term used in the futures market to describe an upward sloping forward price curve (as in the normal yield curve). Such a forward curve is said to be "in contango" (or sometimes "contangoed"). Futures contracts have specific maturity dates for delivery such as March '09, June '09, ...
Posted in Biblical Economics & Money | Comments Off on Contango vs. Backwardation
Wednesday, December 17th, 2008
Perplexity is "trouble or confusion resulting from complexity ". If you have been reading this site in the past, you have been exposed to my crusade for moderation and simplicity: SIMPLIFY! As my wife and I were inquiring of THE LORD recently, we were given the following passage spoken by ...
Posted in Biblical Economics & Money | Comments Off on The Great Perplexity
Saturday, December 13th, 2008
Everyone is enjoying the breather in high gasoline prices. Do not be lulled to sleep, these prices will rise again with a vengeance. The de-leveraging phenomenon hit all commodities with a sudden wave of sellers who were required to raise cash. The fundamentals of peak oil have not changed in ...
Posted in Biblical Economics & Money | Comments Off on Cheap Oil (and gasoline) temporary
Friday, December 12th, 2008
Throughout Economic History, there has been a battle between indigenous and surrogate power. Each of us has indigenous power- native, innate, and before intrusion. On the other hand, surrogate power appoints another as a replacement for one's own power and authority. Each of us has rights given by our Creator. ...
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Thursday, December 11th, 2008
Update on Gold: SPOT MARKET Dec 11, 2008 17:13 NY Time Bid/Ask 819.70 - 820.50 Low/High 804.00 - 835.90 1 year change +8.10 +1.00% Increase Gold is up 1% versus this day last year. ...
Posted in Biblical Economics & Money | Comments Off on Economic Barometer Update
Wednesday, December 10th, 2008
Wealth destruction has been occurring in cycles for centuries. Businessmen have made and lost fortunes. Regions have suffered from depression-like cycles while others enjoyed expansion. However this time looks to be different. Nobody likes a personal economic compression (or depression). Compression is valuable in that it functions to remove ...
Posted in Biblical Economics & Money | Comments Off on Survival Mode
Friday, December 5th, 2008
At warp speed, legislators approved a $700 Billion bailout for Wall Street with the total now standing at $8.5 Trillion. Wall Street Executives single handedly have wiped out trillions of dollars of wealth while receiving exorbitant bonuses in the process. Hank Paulson was a recipient of some of this bonus ...
Posted in Biblical Economics & Money | Comments Off on Unequal Weights and Measures… Another Example
Tuesday, December 2nd, 2008
"The U.S. credit-card industry may pull back well over $2 trillion of lines over the next 18 months due to risk aversion and regulatory changes, leading to sharp declines in consumer spending, prominent banking analyst Meredith Whitney said. The credit card is the second key source of consumer ...
Posted in Biblical Economics & Money | Comments Off on The Perfect Storm Continues
Sunday, November 30th, 2008
There continues a pattern of economic turmoil throughout the earth. A multi-decade abuse of credit is heading toward the "day of reconciliation". The books must be reconciled. Man's blind eye to the mess that Wall Street facilitated will have its consequences. The blindness of mankind is nothing new. The Pharisees ...
Posted in Biblical Economics & Money | Comments Off on The Precursor to Peace on Earth
Tuesday, November 25th, 2008
U.S Treasury Bonds maturing in 3 months have a yield of .01%, effectively 0% interest. The U.S. Government needs to raise trillions of dollars but the cost of borrowing is nearly zero... for now. The Bond Market is being duped. The market perceives the environment to be deflationary and that ...
Posted in Biblical Economics & Money | Comments Off on 0% Interest Rate Monetary Policy