These events shall, in all likelihood, make the prices of all goods rise and further stoke inflation.
Thursday, May 26, 2011
The Real Reason Tripoli is being Pounded and NATO Warships are Floating Off the Coast of North Africa?
If not humanitarianism, if not oil, then...
Tuesday, May 24, 2011
Things (two)to Think About
Boy O' boy do we not already have enough to worry about. Work, spending, bills, friends, protecting our health, protecting ourselves against inflation(see article below this), and just plain surviving. Well on top of all these things, as we each go about overcoming our own obstacles, here are two maxims that should keep us in good stead- straight and secure. They are easy to remember and recall when we get stressed out at home and work and when our life seems horribly helterskelter.
Proverbs 13:3 and 11:25
He who guards his lips guards his life,
but he who speaks rashly will come to ruin.
A generous man will prosper;
he who refreshes others will himself be refreshed.
Proverbs 13:3 and 11:25
Pain at the Pump Cometh
Most likely this squeeze will be on us shortly. Crude oil has found solid buying support at $96.00 per barrel. Price has probed this level not once but four times and has found solid buying all four times! This usually means that prices have only one direction to go and that is unfortunaly UP. Crude could trade around 105.00 in the next few weeks, which if it does will likely add another 10-30 cents per gallon to our gas bills.
Click on the graph to enlarge
Another reason why crude could surge over the next few days is at the bottom of this graph. The black and red lines at the bottom have almost crossed and turned upward, meaning that buying momentum for all the momo traders on Wall Street will be buying crude contracts with increasing intensity as those lines climb upward and those blue bars also start ascending. Friends protect yourselves against this inflation!
Options Expiration
This Wednesday is options contract expiration week. Look for gold and silver prices to remain pinned around their current levels. For gold this is 1515-1520 and for silver in and close to the 35's. While this is no certainty it most likely could happen as the large commercial banks attempt to have as many option holders positions expire worthless. After Wednesday and into Thursday/Friday it could very well be off to the horse races. By weeks end gold could be bouncing around 1545. This also though is no certainty as tomorrow is promised to no one and shall unfold as the LORD wills.
This is just some investing advice, as after many months of repetition, options expiration week has usually transpired with prices flatlining during the first half of the week with the second half being noticeably more bullish. Here again is Jim Sinclair's favorite golden illustration.
This is just some investing advice, as after many months of repetition, options expiration week has usually transpired with prices flatlining during the first half of the week with the second half being noticeably more bullish. Here again is Jim Sinclair's favorite golden illustration.
Sunday, May 22, 2011
Sprott
Here is Eric Sprott being interviewed by Max Keiser on the Keiser Report. Sprott discusses many things, of which, one is the amazing benefits of owning precious metals. Mr. Sprott throws out a lot of back of the envelope calculations that are just mind boggling. He has numerous compelling #'s that lead to even more compelling answers. Check it out, Eric is the insider in the global metals market...
Friday, May 20, 2011
A Roaming Wolf Who Was Converted
Check this out friends, its amazing stuff.
1 Meanwhile, Saul was still breathing out murderous threats against the Lord’s disciples. He went to the high priest and asked him for letters to the synagogues in Damascus, so that if he found any there who belonged to the Way, whether men or women, he might take them as prisoners to Jerusalem. As he neared Damascus on his journey, suddenly a light from heaven flashed around him. He fell to the ground and heard a voice say to him, “Saul, Saul, why do you persecute me?”
“Who are you, Lord?” Saul asked.
“I am Jesus, whom you are persecuting,” he replied. “Now get up and go into the city, and you will be told what you must do.”
The men traveling with Saul stood there speechless; they heard the sound but did not see anyone. Saul got up from the ground, but when he opened his eyes he could see nothing. So they led him by the hand into Damascus. For three days he was blind, and did not eat or drink anything.
In Damascus there was a disciple named Ananias. The Lord called to him in a vision, “Ananias!”
“Yes, Lord,” he answered.
The Lord told him, “Go to the house of Judas on Straight Street and ask for a man from Tarsus named Saul, for he is praying. In a vision he has seen a man named Ananias come and place his hands on him to restore his sight.”
“Lord,” Ananias answered, “I have heard many reports about this man and all the harm he has done to your holy people in Jerusalem. And he has come here with authority from the chief priests to arrest all who call on your name.”
But the Lord said to Ananias, “Go! This man is my chosen instrument to proclaim my name to the Gentiles and their kings and to the people of Israel. I will show him how much he must suffer for my name.”
Then Ananias went to the house and entered it. Placing his hands on Saul, he said, “Brother Saul, the Lord—Jesus, who appeared to you on the road as you were coming here—has sent me so that you may see again and be filled with the Holy Spirit.” Immediately, something like scales fell from Saul’s eyes, and he could see again. He got up and was baptized, and after taking some food, he regained his strength. Acts 9:1-19 NIV
Zimbabwe To Trade Diamonds For Gold As it Prepares to Launch Gold-Backed Currency
Headline coming across the wires today friends. Click the following link to read the full story. http://www.zerohedge.com/article/zimbabwe-trade-diamonds-gold-it-prepares-launch-gold-backed-currency
As yes friends, this picture implies reality back in 2008. Zimbabwe went through a spell of hyperinflation(just as we are getting ready to do more or less) and during that time of rising prices three eggs cost 100,000,000,000 Zimbabwean dollars. Buy Gold and Silver! The only thing that held purchasing power during this hyperinflation just as in Weimar Germany were things of intrinsic and classic value and cash dollars or stocks are not such!
Wednesday, May 18, 2011
History of Coin: Timeline Style
Here is a timeline showing the world's dominant reserve currencies throughout history. Beginning with the Roman aureus and moving to our own United States dollar. Can you spot the one outlier in the timeline friends?? The one that is different than all the other examples and why that is.
Click the pic to enlarge, and for a more in depth study of reserve coin here is this link http://www.zerohedge.com/article/history-worlds-reserve-currency-ancient-greece-today
Tuesday, May 17, 2011
Banker For Her Majesty the Queen?
Robin Griffiths investment banker for Cazenove Capital, which is the firm rumored to be the personal stock broker for the British Crown has a few interesting things to say about gold and silver. The firm is one of the oldest financial houses on the planet. To put it short, Robin believes that silver could go to $450.00 per ounce and gold will rise to $12,000.00 per ounce. To be frank, he says buy this dip. Metal prices are a bargain and will protect your hard earned life savings against ravaging inflation.
Here is the link to his excellent radio interview with Eric King from the excellent information site King World News. http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/5/14_Robin_Griffiths.html
Wednesday, May 11, 2011
Steve Forbes: Gold Standard In Five Years
Steve Forbes, the owner and publisher of Forbes magazine has some interesting things to say on gold, the dollar and inflation in general.
Tuesday, May 10, 2011
Saturday, May 7, 2011
Find Her and Find Life
12 “I, wisdom, dwell together with prudence;I possess knowledge and discretion.
13 To fear the LORD is to hate evil; I hate pride and arrogance,evil behavior and perverse speech.
13 To fear the LORD is to hate evil; I hate pride and arrogance,evil behavior and perverse speech.
14 Counsel and sound judgment are mine; I have insight, I have power.
15 By me kings reign and rulers issue decrees that are just; 16 by me princes govern, and nobles—all who rule on earth.[a]
17 I love those who love me, and those who seek me find me. 18 With me are riches and honor, enduring wealth and prosperity. 19 My fruit is better than fine gold; what I yield surpasses choice silver. 20 I walk in the way of righteousness, along the paths of justice, 21 bestowing a rich inheritance on those who love me
and making their treasuries full.
and making their treasuries full.
22 “The LORD brought me forth as the first of his works,[b][c] before his deeds of old; 23 I was formed long ages ago, at the very beginning, when the world came to be.
24 When there were no watery depths, I was given birth, when there were no springs overflowing with water; 25 before the mountains were settled in place, before the hills, I was given birth, 26 before he made the world or its fields
or any of the dust of the earth. 27 I was there when he set the heavens in place, when he marked out the horizon on the face of the deep, 28 when he established the clouds above and fixed securely the fountains of the deep, 29 when he gave the sea its boundary so the waters would not overstep his command, and when he marked out the foundations of the earth.
30 Then I was constantly[d] at his side. I was filled with delight day after day, rejoicing always in his presence, 31 rejoicing in his whole world and delighting in mankind.
or any of the dust of the earth. 27 I was there when he set the heavens in place, when he marked out the horizon on the face of the deep, 28 when he established the clouds above and fixed securely the fountains of the deep, 29 when he gave the sea its boundary so the waters would not overstep his command, and when he marked out the foundations of the earth.
30 Then I was constantly[d] at his side. I was filled with delight day after day, rejoicing always in his presence, 31 rejoicing in his whole world and delighting in mankind.
32 “Now then, my children, listen to me; blessed are those who keep my ways. 33 Listen to my instruction and be wise; do not disregard it. 34 Blessed are those who listen to me, watching daily at my doors, waiting at my doorway.
35 For those who find me find life and receive favor from the LORD. 36 But those who fail to find me harm themselves; all who hate me love death.”
Let's find her friends and, in doing so, find immortal life!
Friday, May 6, 2011
The True God- The Real Deal
Check this out friends...
When they heard this, they were furious and wanted to put them to death. But a Pharisee named Gamaliel, a teacher of the law, who was honored by all the people, stood up in the Sanhedrin and ordered that the men be put outside for a little while. Then he addressed the Sanhedrin: “Men of Israel, consider carefully what you intend to do to these men. Some time ago Theudas appeared, claiming to be somebody, and about four hundred men rallied to him. He was killed, all his followers were dispersed, and it all came to nothing. After him, Judas the Galilean appeared in the days of the census and led a band of people in revolt. He too was killed, and all his followers were scattered. Therefore, in the present case I advise you: Leave these men alone! Let them go! For if their purpose or activity is of human origin, it will fail. But if it is from God, you will not be able to stop these men; you will only find yourselves fighting against God.”
His speech persuaded them. They called the apostles in and had them flogged. Then they ordered them not to speak in the name of Jesus, and let them go.
The apostles left the Sanhedrin, rejoicing because they had been counted worthy of suffering disgrace for the Name. Day after day, in the temple courts and from house to house, they never stopped teaching and proclaiming the good news that Jesus is the Messiah. Acts 5:33-42
My friends did you catch the difference of our Messiah?! The same Messiah of Peter, of John, of you, of your parents, and of me did not die and forever remain in death, but ROSE FROM THE DEAD TRIUMPHANT! And his WORD and his believers were not just any old sayings of any wannabe prophet during the ancient world. But the one and only true Savior! His Word has marched to every corner of the earth, his believers have boldly proclaimed the Good News to all peoples and his Word shall live eternal, while those that obey and follow him shall live immortal. Know that my friends.
Thursday, May 5, 2011
Wednesday, May 4, 2011
WELTERWEIGHT: THE TITLE FIGHT
The fight to end all fights (economically speaking) is here and it goes bruising round after bruising round. It's Keynes v. Hayek and everything is at stake, including liberty, financial freedom, dreams, and happiness. Can you spot them in the film? Check it out, this video has it all- wit, music, banksters, and an ending that is sadly all too true. Good enough to be a Hollywood production and its in HD.
P.S. Double click on the video to jump to a larger viewing screen..just be sure to jump back;)
Tuesday, May 3, 2011
Bonds Are Bad
Holding long term bonds till maturity is bad, especially in this inflationary environment that our nation is now going through. Our U.S. Treasury Bonds offer very little yield, the 10 year bond now has an annual yield of 3.30% which is no return at all when you consider that inflation is at least running 8% per annual. Bill Gross thinks so too, and he just happens to be the largest single fund money manager in the world. At the helm of PIMCO who manages $1,200,000,000,000.00 dollars, this guy didn't reach the top without spotting investment dangers. And as for long bonds he is positively negative on their outlook.
For more on Bill Gross' outlook regarding our national debt (he thinks its about to get chaotic) and what will happen to interest rates going into the future(the cost of borrowed money) here is the link to his full new monthly missive. http://www.zerohedge.com/article/bill-gross-treasury-market-collision-course-financial-repression
Monday, May 2, 2011
Turn It Up
Turn up your volume and enjoy. Sang this one in church yesterday and found a decent version of it on Youtube today. A golden three minutes of booming voices glorifying our LORD. Awesome, amazing stuff my friends...
Sunday, May 1, 2011
2011 Today
Here is a bar graph showing price increases and declines for 2011 through May 1st. Notice the best performer by far :) .... Also notice that our dollar is included in the red columns...
Fleeing to Switzerland and China
Ever wonder if the world actually has a country that is growing strong economically? You would not need to ponder very long because in business all you have to do is "follow the money". Literally, just follow where money goes in the global economy and you will learn what countries are the chugging locomotives of the world and who are the nations on respirators wheezing just to stay alive.
These global locomotives can be seen as Switzerland and China. They have strong economic fundamentals and possess these strong attributes for two reasons. One, they are not bloated with large debts like U.S. and, two, their government is not printing trillions of dollars out of thin air everyday like our Federal Reserve is. Because of their prudence capital is leaving the Untied States(can you say adios) and is fleeing to the Swiss Alps and to Chinese investment growth. And no I am not exaggerating, money is leaving the US dollar and being converted into Swiss Francs and Chinese Renminbi. This capital flight is causing our dollar to collapse and this collapse is also causing mine and yours purchasing power to collapse as well. We can't buy the same amount of food, fun, and gas that we could use to. Ex: remember when the whole original double cheeseburger was on the McDee's value menu? Do you know that its not anymore? Yup, it was replaced by the "McDouble" a smaller and puny cousin of the original double cheeseburger. The McDouble still costs "1 dollar" but it costs a puny dollar. For if you want to purchase the original you will have to cough up alot more than just 1 dollar. Sadly, this will continue to happen everyday for the foreseeable future. The dollar will continue to collapse, while our Swiss and Chinese competitors will continue to gain strength at our expense. Look at these next two graphs and check out how our livelihood is going down just like the lines on these graphs. Money is leaving the US and going else where. Investors are selling stupidity and buying wise policies. Our dollar represents financial stupidity. First up is USD against the Swissie
Next our USD against the Chicom's
The Chinese Renminbi just hit an 18 Year high against the dollar. Our dollar is wheezing friends, Protect yourselves!
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