Wealth destruction is alive and well. Financial repression is keeping the interest rates at near zero. This helps the big banks make money at the expense of savers. At the same time inflation continues its upward march. $2.29 for a soda? This isn’t New York City! It wasn’t that long ago that the soda was 99 cents. $3 gasoline has become passively accepted among the masses and it is no longer being reported by the media as being exceptional. Prices are creeping up with a subtle nickel here or a dime there.
Gold’s next major hurdle will be in the $2,100 range this year. It is truly the canary in the coal mine in relation to inflation and the devaluation of currencies around the world. Silver should make a move as well but with much greater volatility on both the upside and downside. Those who study these markets are convinced there is considerable manipulation of daily prices. The Chicago Mercantile Exchange raised the margin requirements of silver forcing many to abandon their futures positions. The net result: lower silver prices.
The Federal Reserve will continue to protect the banking system i.e., large banks. Community banks are on their own. Some notable executives who have taken undeserved bonuses while the taxpayers bailed out their institutions may get prosecuted this year in time for the November elections. Afterwards, I expect the prosecution rate to drop back down to zero.
It seems as though the U.S. wants to pick a fight with Iran. If this happens, oil prices could hit $200 in anticipation of the Straits of Hormuz being closed down. This in turn would seal a further extension to the current recession. Libya and Nigeria are also targets for oil disruption. Islamic extremists want to control the global economy and oil production is a key to economic development of the western world.
In Shadowstats.com’s latest bulletin, the following highlights are included:
Seasonal-Adjustment Problems Spiked Jobs Growth, Seasonal-Adjustment Revisions Artificially Lowered Unemployment Rates
> - December Jobs Reading Remained Well Below Pre-2007 and Pre-2001 Recession Levels
> – December Unemployment: 8.5% (U.3), 15.2% (U.6), 22.4% (SGS)
> – Money Supply M3 Annual Growth Tops 3.0% for First Time in 28 Months
These numbers are contrary to NBC’s Nightly News reporting of the economic state of improvement. The numbers of the mainstream media (MSM) are designed to convince us to spend. In the natural, things look ominous. However, I have some good news.
As I was seeking Our Heavenly Father, HE told me to replace one of our old servers was a new server in my IT business. I could have upgraded the old server for a nominal cost but instead HE compelled me to purchase a new server with 400 times the raw speed of the old. Clearly, HE is optimistic about 2012. Of course, HE created this universe and is not caught off guard with all of the doom and gloom predictions. Yes, we may endure some pain in whatever transition is to occur but I don’t think HE would have me expand the processing power because HE has an investment in IBM.
I am sensing that this new server will have a direct focus on Kingdom business. Many of us have been doing Kingdom business in a rather isolated fashion in times past. There has been a vacuum of unity that has kept the current system intact. Now is the time for the Kingdom to develop into a cohesive organism.
Globalization of Power has not been subject to the Rule of Law. This is an unregulated arena and desperately needs the rule of Divine Law. Man’s methodology is for the powerful countries to come together and decide how all countries are to operate. The weak countries have to abide by the strong countries’ wishes. That scenario would change with a Kingdom perspective.
We are interconnected as never before. Because of the Internet, information moves at near instantaneous speed. We all have a common destiny. This destiny must be met by Love. Soon, I will be sharing about the Gideon Project, the end of contention brought forth by a collective commitment to unity in business. As the Kingdom moves forward, a transfer of wealth will occur and solutions to the strife and contention will materialize. Wealth will move away from the entitled and move toward the Kingdom. Stay tuned!