Archive for October, 2008
Thursday, October 30th, 2008
Phl 4:8 Finally, brethren, whatsoever things are true, whatsoever things [are] honest, whatsoever things [are] just, whatsoever things [are] pure, whatsoever things [are] lovely, whatsoever things [are] of good report; if [there be] any virtue, and if [there be] any praise, think on these things. Honesty is the human ...
Posted in Biblical Economics & Money | Comments Off on Honesty in Uncertain Times
Saturday, October 25th, 2008
The disconnect continues. Today, the real price of silver is $17.03 whereas the paper market price is $8.94. Something has gotta give! The U.S Congress, Paulson, and Bernanke need to reread the story of the Great Depression. They are effectively paralleling everything done in the 1929-1934 time frame. The increase ...
Posted in Biblical Economics & Money | Comments Off on "The difference between the economy and the Titanic is…they had a band!"
Thursday, October 23rd, 2008
With all of the volatility in the market, people are looking for an oracle. What is an oracle? An oracle is a person or agency considered to be a source of wise counsel or prophetic opinion; an infallible authority, usually spiritual in nature. To become an oracle to ...
Posted in Biblical Economics & Money | Comments Off on How to become an Oracle in the world of structure
Thursday, October 23rd, 2008
This term "Great Depression II" is getting more publicity in the general media. It would appear that the U.S. Government is falling into the same trap as they did in the 1929-1933 time frame. The U.S. is teetering on what might be called the "Great, Great Depression". The reason is ...
Posted in Biblical Economics & Money | Comments Off on Great Depression II & Devaluation of the Dollar
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 ...
Posted in Biblical Economics & Money | Comments Off on I was wrong…
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 ...
Posted in Biblical Economics & Money | Comments Off on Trust: Earned or Lost
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 ...
Posted in Biblical Economics & Money | Comments Off on Value Disconnect
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 ...
Posted in Biblical Economics & Money | Comments Off on The Liquidity Trap
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 ...
Posted in Biblical Economics & Money | Comments Off on Revelation versus Risk
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 ...
Posted in Biblical Economics & Money | Comments Off on The Misbehavior of Markets: The Financial Tsunami