Honesty in Uncertain Times

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 quality of communicating and acting truthfully. … Continue reading Honesty in Uncertain Times

"The difference between the economy and the Titanic is…they had a band!"

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 in market volatility adds to… Continue reading "The difference between the economy and the Titanic is…they had a band!"

I was wrong…

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 the brink of an energy… Continue reading I was wrong…

Trust: Earned or Lost

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 Father to look out for… Continue reading Trust: Earned or Lost

Value Disconnect

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 Bankers and Investment Banks (which… Continue reading Value Disconnect

The Liquidity Trap

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 million dollars that would yield… Continue reading The Liquidity Trap

Revelation versus Risk

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 we have little or no understanding of cause and effect. … Continue reading Revelation versus Risk

The Misbehavior of Markets: The Financial Tsunami

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 important to understand the big… Continue reading The Misbehavior of Markets: The Financial Tsunami