The Economic Sign of September 24th, 2009

The following interview reveals the unannounced intent of the G20 meeting in Pittsburgh.  Gold is money and fiat currency survives on perception and the willingness of society to put confidence in a governing entity.  The intent is to bring forth a global currency and let the dollar die a slow death. With over $60 Trillion… Continue reading The Economic Sign of September 24th, 2009

From Consumer to Saver

The average American family is in defense mode.  The days of lavish spending are over and the consumer is now demanding lower prices with his actions.  The Administration is trying to keep the wheels on the wagon by ramping up Federal spending to take up some of the slack but it is not working too… Continue reading From Consumer to Saver

The "W" in Recession

Many economists were projecting a “V” shaped recession and the Fed has already said that the worst is over.  You may have missed the 60 Minutes story on the next phase of the bubble bursting so I have added it below.  I disagree with the final statement of the interviewee.  Wall Street may be forward… Continue reading The "W" in Recession

U.S. Dollar 911

  Gold closed at $1,006.20.  China is buying gold with its Dollar Reserves.  Previous attempts by the Plunge Protection Team to keep the price of gold under $1,000 succeeded until this week.  This is the highest weekly close for gold ever.  The above chart looks pretty bullish.

Kingdom Economics 101

The Kingdom of GOD is based on abundance, the kingdom of man is based on scarcity. This website has provided much detail about the current financial system since after all, we are operating in this system.  All of us want to obtain or retain wealth so that we can carry on the affairs of our… Continue reading Kingdom Economics 101

Fruitfulness

Economics is all about producing good fruit. Mat 7:15-18 15  “Beware of false prophets, who come to you in sheep’s clothing, but inwardly they are ravenous wolves.  16  “You will know them by their fruits. Do men gather grapes from thornbushes or figs from thistles?  17  “Even so, every good tree bears good fruit, but… Continue reading Fruitfulness

Self Interest: The End of the "Rule of Law"

With about 900 banks expected to fail, the U.S. Economy will move into a second wave of problems.  A recent trip to Ft. Myers, Florida, revealed a substantial glut of commercial real estate properties standing vacant with no expected rental income in the future.  The newest Target store looked like a ghost town.  Needless to… Continue reading Self Interest: The End of the "Rule of Law"