Good money must have a number of unique characteristics. (1) It must be durable, which is why we don’t use wheat or corn. (2) It must be divisible, which is why we don’t use a Picasso painting or jade statues. (3) It must be convenient, which is why we don’t use lead or copper or… Continue reading What is “Good Money”?
The blood-red eclipse lasted 72 minutes and it was the first total lunar eclipse to occur on the day of the Winter Solstice since 1638. See: http://eclipse.gsfc.nasa.gov/5MCLE/5MCLE-Figs-09.pdf This eclipse is precisely 21 days from my watch date of 1/11/11. The wife and I set the alarm clock for 2AM and viewed the eclipse high… Continue reading Lunar Eclipse: A 356 Year Event
I was awaken this morning by a dream and knew I had to write it down before the details escaped my memory: I was in a building in a large hall of a congregation of about 2,000. I was seated among the people and it appeared to be before a service. There was another building… Continue reading Dream of 12/19/10
John Williams’ website www.shadowstats.com provides an “apples to apples” comparison for historic government statistics. Over the years, politicians have redefined inflation, the deficit, and any other statistic the market follows. Why? To improve the perception of the people that all is well. I guess they think we are too stupid to comprehend the facts and… Continue reading Hyperinflation Ahead?
On September 29th, 1999, we celebrated the 2000th birthday of Our Lord Jesus Christ as Port Austin, Michigan. By all reckoning, this was THE date. Contrary to popular belief, Jesus was born on the Feast of Trumpets (Rosh Hashanah), not December 25th. However, it is reckoned that HE was conceived on Christmas eve. A wealthy… Continue reading Anticipation of Passover 2012
In the pharmaceutical business, death is an “unintended outcome”. What a polite expression! Sanitizing events is done with positive and negative words. In the political world it is called putting “spin” on the situation, spin the facts around to make a negative look like a positive. This methodology is intended to sway the psychology of… Continue reading Quantitative Easing 3 (QE3), (QE4), (QEx)
The most recent unemployment report set the rate at 9.8%, an understated number. However, the stock market shrugged off this report because Ben Bernanke has promised to keep the market up. How will he do this? By printing as much money as is needed. This is why gold and silver are moving into new highs. … Continue reading 15.1 Million Unemployed