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
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
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
Throughout history we can see the effects of control over people. Governing bodies start out with noble intentions but human nature takes over and ultimately causes collapse. Only when the governing body is led by Our Heavenly Father can the intent and direction of the “system” or group be sustained and maintained. The group can… Continue reading The Waterfall Effect of Control
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.
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
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
At last, Wall Street has figured out how to make money on “Death”. They are planning a new product that will securitize life insurance policies thus tapping into the $26 Trillion life insurance market. I have personally seen an elderly person taking out a life insurance policy and selling it for a discounted portion of… Continue reading Creating Derivatives for "Death", etc.
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"