Archive for the ‘Biblical Economics & Money’ Category
Thursday, October 16th, 2008
In a previous blog I had set the bottom for oil at $100-110. I was wrong. I had not anticipated the size of the unwinding of positions by the hedge funds. On a relative basis, I was right. However, the actual low is yet to be determined. We are on ...
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Monday, October 13th, 2008
Trust is a relationship of reliance. A trusted party is presumed to seek to fulfill policies, ethical codes, law and their previous promises. We are told hundreds of times in Scripture to "trust the Lord" and to put our trust in the Lord. Why? We can rely on Our Heavenly ...
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Sunday, October 12th, 2008
There is currently a serious disconnect between the value of silver bullion and the "paper" market of trading silver contracts. On Friday silver closed at $10.17 per ounce. The physical silver is backordered 4-16 weeks and 1 oz. silver coins on EBay are going for $20. What's the deal? Central ...
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Friday, October 10th, 2008
In the 1970's I worked at a large bank. At that time long term Treasury securities were yielding about 7% and savings rates were 5%. I thought "how could I get some of that 5% money and invest in those 7% Treasury Bonds and make the 2% spread?" On a ...
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Thursday, October 9th, 2008
For the purpose of this discussion, there are three levels of understanding in the universe- 1. Cause (highest level of understanding, divine understanding) 2. Cause and effect (structural understanding or men's understanding) 3. Effect (survival- without understanding) Effect- When we are born into this world ...
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Thursday, October 9th, 2008
The following provides us a picture of the complexities of the financial market now being dealt with. The world was warned in 1998 of the current crisis scenario as explained below. This equates to the Hezekiah Factor of a 10 year delay. As you read this summary, it is more ...
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Wednesday, October 8th, 2008
Financial leverage: The degree to which an investor or business is utilizing borrowed money. The last 25 years have been all about leveraging and leveraging is all about probabilities with one exception. That exception happens with Our Heavenly Father tells you to borrow. Borrowing is not a sin. There ...
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Monday, October 6th, 2008
In Proverbs 22:7 we are told: "The rich ruleth over the poor, and the borrower [is] servant to the lender." In the early 1980's the credit bubble began. Mortgage securitization also began in earnest. The following is the big picture: 1971 The elimination of the gold standard allowing for ...
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Thursday, October 2nd, 2008
...and you will know the truth, and the truth will set you free... What is truth? It is that candor of mind which is free from affection, pretence, simulation, falsehood, and/or deceit in any matter under consideration. The moment Paulson asked for a blank check free from any ...
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Wednesday, October 1st, 2008
Is the financial flood ready to come? Lamech (in the Scripture) lived 777 years. He was Noah's dad. Plastered all over the New England newspapers was the number- 777. With over one quadrillion dollars in outstanding derivatves (1,000,000,000,000,000), the global financial system is a house of cards and people are ...
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