Archive for August, 2011
Wednesday, August 24th, 2011
Gold was down $104 at the time of this writing and this correction was not unexpected. As the market jitters increase, I expect large dollar moves in both directions. I also expect those in power over trading account regulations to increase margin requirements on gold and silver traders in an ...
Posted in Biblical Economics & Money | Comments Off on Market volatility ahead for Gold & Silver
Tuesday, August 23rd, 2011
As some of you know, I am paying close attention to any event with 111 attached to it. Today’s earthquake rocked the nation’s capitol and up the eastern seaboard to Martha’s Vineyard where the President was getting ready for another round of golf. Associates in South Carolina felt the quake ...
Posted in Prophetic | Comments Off on East Coast Earthquake at 111 minutes after high noon
Tuesday, August 23rd, 2011
To be an overcomer, you must overcome something. Most people don’t want any obstacles in their lives but want a life of “smooth sailing”. Accomplishment requires us to deal with a challenge and enjoy the satisfaction of completing the challenge. Complaining does not improve success but lets you know that ...
Posted in Biblical Economics & Money, Love, Prophetic | Comments Off on Overcoming Obstacles
Sunday, August 21st, 2011
NKJV© 2 Thess 2:10 and with all unrighteous deception among those who perish, because they did not receive the love of the truth, that they might be saved. Deception, beguilement, deceit, bluff, mystification, bad faith, and subterfuge are acts to propagate beliefs that are not true, or not the ...
Posted in Love | Comments Off on The Unconditional Love of the Truth
Friday, August 19th, 2011
My Panera Barometer is on the move. Let me explain. A colleague and I have periodic lunches at the same Panera Bread café located half way between our two offices. We both order similar lunches each time and thus are accustomed to the total amount of the ticket. Panera has ...
Posted in Biblical Economics & Money | Comments Off on $12,500 Gold, $200 Silver???
Sunday, August 14th, 2011
This was a wild week in the stock markets worldwide. Ben Bernanke told us that he was going to keep interest rates low for another two years which does not bode well for retirees who have bank CD’s that they rely on for income. Once again, savers are being thrown ...
Posted in Uncategorized | Comments Off on Financial Repression continue (for now)
Tuesday, August 9th, 2011
On 11/11/10, I shorted the market with “bear” leap call options. Don’t worry about understanding the trade but understand if the market goes down, I generate a profit. I closed out my position yesterday with a handsome return. Unlike most investors, I slept like a baby last night. Gold blasted ...
Posted in Biblical Economics & Money | Comments Off on The Illusion is being challenged
Sunday, August 7th, 2011
Is the current economic system starting to look like the above picture? The debt super cycle no longer works and has ended for consumers. It will soon come to an end for governments. 10 Years ago, the official U.S. Government debt was just below $6 Trillion, today it ...
Posted in Biblical Economics & Money | Comments Off on Are there thunderstorms ahead?
Thursday, August 4th, 2011
Each manufactured good we possess contains embedded energy: the energy consumed to design, manufacture, ship, market, and install. This subtle cost is overlooked as opposed to the amount of energy we consume when we go to the grocery store. Each tank of gasoline reminds us of energy consumption. However, other ...
Posted in Biblical Economics & Money | Comments Off on Embedded Energy Subtleties
Wednesday, August 3rd, 2011
Spare capacity of oil is quite small versus the global demand. I expect to see the price reflect this crunch within 12 months. OPEC’s spare capacity is being impacted by Libya’s internal conflict. The market will respond this coming winter unless the global economy falters. Either way, the economics will ...
Posted in Biblical Economics & Money | Comments Off on Energy Crunch is coming