The gold & silver stocks have been bouncing near the bottom of their price range for several weeks now. Fridays tend to be the takedown day as has been the case for quite some time. The price of silver acts like the price of gold but on steroids. Silver is not for the feint of heart although I expect silver to outperform gold percentage-wise over the next 24 months. Because of silver’s depressed price, more so than gold, its percentage gains should be much higher. If you invest in silver, make sure your heart is in good condition for the price will take you on a ride similar to a giant roller coaster.
Treasury Secretary Jacob Lew said late Monday he will begin tapping into two government employee retirement funds to buy more time before the U.S. Treasury is faced with the prospect of defaulting on the national debt. Yes, he will repay the pension funds with interest (lol) when the U.S. lawmakers approve additional deficit spending. You can be assured that this will not be the last look at pension funds being a source of cash for government bailouts, or bail-ins as the case may be. After all, you haven’t paid tax on that money so it really isn’t yours yet. Can’t you see the rationalization that will come out of politicians’ mouths when they look for cash to fund their projects? Come on now, it is for the greater good.
The bullish sentiment for junior gold miners is at virtually zero, prices for their product are depressed, relatively speaking. Long-term savvy investors tend to look at these indicators as strong buying opportunities. Remember when gold was $275 an ounce and silver was $5.50? How did these guys stay in business then?
“A federal judge recently ruled that if someone has their cell phone turned on, their location data does not deserve protection under the Fourth Amendment, meaning law enforcement can track individuals without a search warrant.” See: http://rt.com/usa/no-cell-privacy-expectation-399/
Isn’t that fabulous that we are all carrying tracking devices around? Yes, we even paid for them ourselves. Now that is efficient. As for me, I don’t care who knows where I’m at and what I am saying over the phone. Our Heavenly Father has been tracking my movements for years and listens to every word I speak. And for that, HE has taken me to the woodshed more than just a few times. As we pursue the close relationship with Our Heavenly Father we become less concerned about the infringement of our constitutional rights.
The current system will continue to deteriorate for all of man’s systems lead towards death. History shows us this cycle of imperfection. Our Heavenly Father’s Kingdom will replace the economic, political, and religious systems currently in place. They must continue their decline into their fully perverted states. Men will cling to those systems even though all the clues will point to a more excellent way. They relate only with the familiar. The remnant continues its preparation, shedding the worldly weights. The Census continues until September 14th.
The term “one hour” in Scripture also represents 15 days or 15 years: 1 hour is to 24 hours in a day as 15 days is to 360, or 360 days divided by 24 = 15. We celebrated the 2,000 birthday of Our Lord Jesus Christ on 9/11/1999 at Port Austin, Michigan. It has been reckoned to be His 2000th birthday from the Feast of Trumpets in 2 B.C. (He was born on Sept. 29, 2 B.C.) or two millennium, The Church Age. This September marks the 15th year since the celebration, or one hour in prophetic time. Two Scriptures come to mind:
To those who are called:
Matthew 26:40 And he cometh unto the disciples, and findeth them asleep, and saith unto Peter, What, could ye not watch (arise, rise up) with me one hour?
To the world:
Revelations 18:19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas, that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
Are we roughly 16 months from desolation?