Archive for the ‘Biblical Economics & Money’ Category

Thank You!

Monday, October 26th, 2015

Thank you for the continued support of Servias Ministries.  We appreciate the cards and letters expressing your kindness toward this ministry.  We deeply appreciate the financial support and we trust FATHER will bless you abundantly for your cheerful giving.  I know that in these times it can be financially challenging.  No matter what the amount you give, we are grateful that you consider us good ground to sow your seed.

‘God have mercy on currency’: Zambia holds national prayer day to hold Kwacha from record drop

Monday, October 19th, 2015


We may this closer to home before long.

Why I still write manual checks

Wednesday, October 7th, 2015

I have resisted the pressure to do online banking.  Having been in banking and having 44 years of Information Technology (IT) experience, I am not convince that Internet security will soon be “hacker proof”. I was on the team that installed the first ATM in the State of Oklahoma around 1976.  I hacked the ATM in a test which would allow me to remove all the cash in the ATM.  NCR fixed their bug.  Credit card usage allows verification of charges BEFORE payment, not after.  That is why I don’t use a debit card.

Below is a prime example of why I don’t trust Internet financial transactions:

An email from Scottrade:

Dear Client:
We are writing to share with you important information about a security compromise involving a database containing some of your personal information, as well as steps we are taking in response, and the resources we are making available to you.
What Happened
Federal law enforcement officials recently informed us that they’ve been investigating cybersecurity crimes involving the theft of information from Scottrade and other financial services companies. We immediately initiated a comprehensive response.
Based upon our subsequent internal investigation coupled with information provided by the authorities, we believe a list of client names and street addresses was taken from our system. Importantly, we have no reason to believe that Scottrade’s trading platforms or any client funds were compromised. All client passwords remained encrypted at all times and we have not seen any indication of fraudulent activity as a result of this incident.
Although Social Security numbers, email addresses and other sensitive data were contained in the system accessed, it appears that contact information was the focus of the incident.
The unauthorized access appears to have occurred over a period of several months between late 2013 and early 2014. We have secured the known intrusion point and conducted an internal data forensics investigation on this incident with assistance from a leading computer security firm. We have taken appropriate steps to further strengthen our network defenses.
What Happens Now
Federal authorities had requested that they be allowed to complete much of their investigation before we notified clients. In coordination with them, we are now able to alert you of this incident. We are fully cooperating with law enforcement in their investigation and prosecution of the criminals involved.
Notices like this one are being sent to all individuals and entities whose information was contained in the affected database, and we have included here information about steps you can take to protect yourself.
Information about this incident is available online at, and we will update that web page if new data becomes available.
What You Can Do
As always, we encourage you to regularly review your Scottrade and other financial accounts and report any suspicious or unrecognized activity immediately. As recommended by federal regulatory agencies, you should remember to be vigilant for the next 12 to 24 months and report any suspected incidents of fraud to us or the relevant financial institution. Please also read the important information included on ways to protect yourself from identity theft.
We encourage clients to be particularly vigilant against email or direct mail schemes seeking to trick you into revealing personal information. Never confirm or provide personal information such as passwords or account information to anyone contacting you. Please know that Scottrade will never send you any unsolicited correspondence asking you for your account number, password or other private information. If you receive any letter or email requesting this information, it is fraudulent and we ask that you report it to us at Be cautious about opening attachments or links from emails, regardless of who appears to have sent them.
Identity Theft Protection
As a precaution, Scottrade has arranged with AllClear ID to help you protect your identity at no cost to you for a period of one year. You are pre-qualified for identity repair and protection services and have additional credit monitoring options available, also at no cost to you.
You can call AllClear ID with any concerns about your identity at 855.229.0083. This hotline is available from 8:00 am to 8:00 pm (central) Monday through Saturday.
We have also included additional steps you could consider at any time if you ever suspect you’ve been the victim of identity theft. We offer this out of an abundance of caution so that you have the information you need to protect yourself.
We are very sorry that this happened and for any uncertainty or inconvenience this has caused you. We know that incidents like these are frustrating. We take the security of your information very seriously and are committed to continually strengthening and evolving our defenses based on new and emerging threats.
Brokerage products and services offered by Scottrade, Inc. – Member FINRA and SIPC.

Economic Update

Friday, October 2nd, 2015


Are things heading south in the September/October timeframe as many have suggested?  The Dow Jones Industrial Average graph below would suggest a slow train wreck is occurring.


Will we have another “waterfall” in October?

A Perspective on the Current Economic State

Friday, September 25th, 2015

To inform you of what seasoned financial professionals are seeing today:

In responding to a question about where the global system is at today, Bill Holter responded:

This is a great question. We can give you our opinion but it is just that, opinion. No one has an all seeing crystal ball. We do believe the next crash will be the “final crash” that sweeps away the current Western financial system. The problems as you know are numerous, too much debt on all levels, undercapitalized banks and brokers in relation to assets carried, grossly bloated derivative balances and counterparty risk, not to mention the fact that no currency in the world is anything more than a “promise to pay” …more of that very same currency.

We believe what will come very (and is happening now before your very eyes) soon is a “holiday” but not the “fun type”. Markets, banking, credit and thus distribution of goods will break down. A re set of prices and relative values will emerge along with new currencies aplenty. We think the key to the re opening of markets will hinge on how fast new currencies are brought forth and whether they are trusted. Any new currency will need “confidence” to be accepted by the masses. “Confidence” will be gold! Gold has been coming back into the system for years, not away from.

The last 4 years has been a last gasp effort on the part of central banks to retain the current system and push gold away from it. The West has substantially lost gold to the East and the reason why we believe the East will emerge as “wealthy” and why the West will need to get “back to work” to better a crashed standard of living. This will take many years if not several generations to accomplish.

As for “preparing”, move as quickly as you can and do the best you can do. No matter who, how smart, or how wealthy you are, you will forget or miss something. DO NOT beat yourself up! You are at least awake and aware of what is coming, can you imagine yourself completely unaware and thus not prepared for anything at all? Just do the best you can do, it is all you can ask of yourself. Good luck and Godspeed to all!

As Bill said, it is just an opinion.

An Example of Convergences

Sunday, September 6th, 2015

In the following website is a 27 minute video concerning the various occurrences happening around the year of the Shemitah.  This video highlights several interesting events that forces us not to ignore the timing of Elul 29 (September 13th) this year, a “super” Shemitah.  I have not been led to order anything from this site but it provides a summary of the research done by Jeff Berwick:

Jeff urges people to leave the U.S. if possible.  I am not moved to do that for I believe FATHER will protect us wherever we are when judgment comes.  There will be no safe harbor from HIS judgment so we must produce fruit where we are planted knowing that HE will be our Provider when HIS judgment arrives on these shores.

Ugliness in the Markets

Saturday, August 22nd, 2015

I warned a friend about being fully invested in the market on Wednesday and he lost a notable amount by Friday PM.  Margin calls have surely been issued and will require those who operate in that arena to come up with cash.  An obvious source of cash are other securities in their portfolio.  If sold, this could lead to a further drop come Monday.  Even Grandma’s jewels are a source of cash when the “margin man” comes calling.

It would not be surprising to see some temporary recovery during this week in hope of calming the market down.  However fear is a greater force than greed and we will see how much it grips the market in the upcoming days ahead.

Since gold and silver have no attached liabilities, they will become the safe haven for many who are finally ready to cash out of the market.  The gold & silver stocks may also temporarily drop as margin accounts liquidate anything of value.  Afterward, they may finally have their day in the sun.  Only FATHER knows for sure.

Top Forecaster Prediction

Friday, August 7th, 2015

Gerald Celente:  “I’m now predicting that we are going to see a global stock market crash before the end of the year.  It’s not only going to be the Dow, it’s going to be the DAX, the FTSE, the CAC, Shanghai, and the Nikkei.  There’s going to be panic on the streets from Wall Street to Shanghai and from the UK down to Brazil.  You are going to see one market after another begin to collapse.”

The Mainstream Warnings

Tuesday, August 4th, 2015

I have been warning readers of the possibility of a notable, negative economic event for some time.  In the last 12 months, the Bank of International Settlements (BIS) and International Monetary Fund (IMF) have issued a number of warnings so nobody can claim ignorance that the system was moving toward higher risk.

July 2014 – BIS  –BIS Issues Strong Warning on “Asset Bubbles”

July 2014 – IMF –Bloomberg: IMF Warns of Potential Risks to Global Growth

October 2014 – BIS –”No One Could Foresee this Coming”

October 2014 IMF Direct Blog — What Could Make $3.8 Trillion in global bonds go up in smoke?

October 2014 IMF Report –”Heat Wave”-Rising financial risk in the U.S.

December 2014 – BIS –BIS Issues a new warning on markets

December 2014 – BIS —BIS Warnings on the U.S. Dollar

February 2015 – IMF – Shadow Banking — Another Warning from the IMF – This Time on “Shadow Banking”

March 2015 – Former IMF Peter Doyle – Don’t expect any warning on new crisis -Former IMF Peter Doyle: Don’t Expect any Early Warning from the IMF -

April 2015 IMF – Liquidity Shock –IMF Tells Regulators to Brace for Liquidity Shock

May 2015 BIS – Need New “Rules of the Game” –BIS: Time to Think about New Global Rules of the Game?

June 2015 BIS Credit Risk Report –BIS: New Credit Risk Management Report

June 2015 IMF (Jose Vinals) –IMF’s Vinals Says Central Banks May Have to be Market Makers

BIS June 2015 (UK Telegrahph, no blog article) –The world is defenseless against the next financial crisis, warns BIS

July 2015 – IMF – Warns US the System is Still Vulnerable (no blog article) –IMF warns U.S.: Your financial system is (still) vulnerable

July 2015 – IMF – Warns Pension Funds Could Pose Systemic Risk (no blog article) –IMF warns pension funds could pose systemic risks to the US



Will it occur this fall?  Only FATHER knows when and how we all will be affected.  This is why I continue to focus on your “internal” preparation.  There are plenty of people out there reporting on the “external”.  Your connection with FATHER will guide you through any challenges that arise.  Stay connected!

Safest Money

Tuesday, August 4th, 2015

The safest form of money in the current system is:

1. Gold

2. Silver

3. Currency

4. Bank Deposit

…  Electronic Money

The government cannot totally control 1, 2, or 3.  The rest can be controlled and manipulated at will.  This places your assets, pension, and other retirement accounts at risk of theft in some manner.  The above list shows you why the central planners want to do away with cash.  The respect for individual life, liberty, and the protected pursuit of happiness is gone.  FATHER will deal with those who have abused their power.

The following article is just another example of how risky electronic banking and monetary equivalents are:


I suggest storing up riches in Heaven where thieves have no access.