ISDA: The most powerful financial institution in the world (for now)

The International Swaps and Derivatives Association (ISDA) is the “regulatory” body who determines when a default occurs for a financial instrument backed by credit default swaps (CDS).  Why is this so important?  The five largest banks in the U.S. control 97% of all CDS’s.  If a default on a Greek Bond occurs, the CDS or… Continue reading ISDA: The most powerful financial institution in the world (for now)

The Power to get Wealth

People strive to get wealth and influence.  Often their motivation is due to an orientation of scarcity and the current economic system promotes this view.  Advertisers attempt to convince us that we lack something and must purchase their product to be fulfilled.  People are sucked into debt by this scarcity mentality only to see themselves… Continue reading The Power to get Wealth

Betraying Love

What is betrayal?  It is  to deliver to an enemy by treachery,  to fail or desert especially in time of need,  to reveal unintentionally, to disclose in violation of confidence, to be disloyal to someone who trusts you so that they are harmed or upset. What is treachery?  It is a violation of allegiance or… Continue reading Betraying Love

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Categorized as Love

Ben Bernanke Speaks

The Federal Reserve committed to low interest rates through 2014.  What was the impact? My Yahoo Finance tracking screen went green: UXG was up 12.45% in one day.  for those who recently bought the stock at 2.99 in mid December.

$10,000 Gold

In 1978, the total debt in the U.S. was $719 Billion.  Today it is $56 Trillion. This is a 77X increase.  How much more debt can we handle?  Hyperinflation is moving closer and it will be a time of great change.  We must muster up the courage to face change.  Having faith in Our Heavenly… Continue reading $10,000 Gold

The Speed of Cash

In these days of leverage, any interruption in the flow of cash can be disastrous.  Often, your bank’s signature card will include a statement whereby they have 30 days to respond to a cash withdrawal request.  Though they rarely exercise this stipulation, it does exist.  What would happen if you could not get to your… Continue reading The Speed of Cash

SIPC Protection of your Brokerage Account

From the Securities Investor Protection Corporation website, http://www.sipc.org/pdf/HSPY_English_2011.pdf : “Terms of SIPC help. Customers of a failed brokerage firm get back all securities (such as stocks and bonds) that already are registered in their name or are in the process of being registered.” Securities registered in the “Street Name” of the brokerage do not appeared… Continue reading SIPC Protection of your Brokerage Account