Guest Report: Silver Ready To Breakout - Technicals And Fundamentals Suggest $50/oz In Early Autumn

Here is an in depth analysis concerning the silver bullion market. Along with some pretty charts. The link...
http://www.zerohedge.com/news/silver-ready-breakout-technicals-and-fundamentals-suggest-50oz-early-autumn

Turk: Expect Shorts to be Squeezed Like Lemons

Here is James Turk, seasoned European banker who's vast knowledge of the international bullion market has made him the most prescient caller of the gold market this year. Calling shots with cool precision. And now he is seeing the big banks about to be squeezed like lemons over the coming days and weeks. A good read... http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/8/27_James_Turk_-_Expect_a_Spectacular_Short_Covering_Rally_in_Gold.html
Also here is Pierre Lassonde, long acclaimed financier, who has been annually successful with his capital allocations. He says gold will attack $2000.00 an ounce in September!! http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/8/25_Pierre_Lassonde_-_Gold_to_Attack_$2,000_in_September.html

Remember though friends, that as seasoned as these experts are, tomorrow is promised to no one. For if it is the LORD's will these things could very well happen and that in the meantime we should all better ourselves and be productive for our Father in heaven. 

Literal 24-Hour Days of Creation

Phenomenal and Wonderful. 

Ever wonder how old the earth is? Ever wonder how the LORD God created everything and how long it took Him to create our earth and universe? Did it take billions of years as the white coated scientists say? Or did it take 6 literal 24-hour days with the LORD resting on the 7th? Did you know that some Christians would argue that creation took millions of years instead of what Genesis Chapter 1 plainly says? Well check and double check this friends....

Days defined as having an evening and a morning (Genesis1:5,8,13)

Hebrew word yom (day) used with numbers in non-prophetic language always indicates a 24-hour period (Genesis 1:5,8,13,19,23,31)

If days are viewed as long periods of time, what are the "months and years" discussed in Genesis 1:14?

Hebrew word yamin (days) appears over 700 times in the Old Testament, and always means 24-hour days in non-phrotic language (cf. Exodus 20:11;31:17)

The Hebrew language has other words that can be translated "day" (e.g. dor, olam) that would have conveyed long periods of time, but these were not used in Genesis 1. 

The days of Creation week are the same as the days enjoined on the Israelites at Sinai (Exodus 20:11). 

If the days were long periods of time, and if each day had a long "evening" of darkness, many plants that were created on day three could not have survived (Genesis 1:11-13).

Gold In Backwardation

What does backwardation mean? In short, it means drastically higher prices. Look for gold to take out $2000 per ounce within days or weeks. Also Ben Bernanke could very well announce QE3 this week at his mountain summit at Jackson Hole, Wyoming.  These anticipations of course will only transpire if the LORD is willing. Tomorrow is promised to no one, therefore let us prepare with wisdom and accordingly. 
Here is the link to the informative article. http://www.zerohedge.com/news/perfect-storm-sees-gold-silver-surge-–-chavez-gold-action-leads-backwardation-short-squeeze-and

Evidence of Noah's Flood

Simple. Lucid. Common Sense.

Goldman Sachs: "QE3 Is Now Our Base Case"

Goldman has received word that Bernanke's printing presses are being reinked and fine tuned for the ensuing Weimar(ish) outright printing madness. This is a complete non-surprise and is something that this website has been pounding the table on for weeks now as a possibility that would soon manifest as reality. Here are just two warnings....

http://thebriefreport.blogspot.com/2011/06/so-much-in-small-twitter.html From June 16th


http://thebriefreport.blogspot.com/2011/07/abysmal.html From July 8th


Where do we go from here?? Well firstly, have you thanked the LORD for all that he has given you? He has blessed all of us so richly. Check it out.  http://thebriefreport.blogspot.com/2011/07/my-cup-runneth-over.html  Secondly, have you used the blessings He has given you to proclaim the Good News of His Son? Thirdly, as global stock markets continue to crash(NASDAQ Down 2.77% today) while gold is up 1.93% and silver is up 1.65% have you purchased some financial protection for the maelstrom that we're just now beginning to pass through?


As for that Goldman Sachs call proclaiming Q E I I I here is the link.... http://www.zerohedge.com/news/goldman-sachs-qe3-now-our-base-case

Finally here is Marc Faber, the illustrious Barron's Roundtable member who has a few words to say about Bernanke's words yesterday. http://www.zerohedge.com/news/marc-faber-best-thing-fed-could-do-markets-wold-be-collectively-resign

Trust in the LORD

Friends, in all things, put your trust in the LORD. In blessings thank Him, in trials look to Him. He will be our Savior and our great Defender. 

It is with a feeling of sadness that I write this post. It is late and has been a long day but this must be said. The world that we live in is changing at a whirlwind pace and I fear that on a national level, as free citizens, it will be for the worse. Gold has broken out big time to the upside. This is indicative that the international banking shorts have now allowed asset prices to rise with market fury. The last two days of market action is what "true free markets" have long wanted to price in. It is likely the Ben Bernank will announce additional stimulus to shore up the stock markets that have fallen like meteors the last few days tomorrow. If he doesn't, o boy look out! If he does it will be the exact same as throwing gasoline on an inflationary fire. No more no less.  Protect yourselves, hard assets are still financial harbors in this maelstrom that we are now passing through. Always, through all of this, let us look to the LORD and never forget that despite all this, we are servants of His kingdom. Let us glorify and praise Him and tell others about the Good News of His Son!

Pure Talent

Bust out your calculator.
In Judea in the ancient world...
One talent weighed 75 United States pounds.
One shekel weighed 2/5 of an ounce (or 0.4 ounces in decimal form).
One shekel was a days wage for a semi skilled worker.
There are 40 shekels in one United States pound. (16/ 0.4=40)
Thus, there are 3000 shekels in one talent.
3000 shekels equals 3000 days of semi skilled payed labour.
3000 days divided by 365 days equals 8.21 years of labour
Thus there are 8.21 years of labour in one talent.
Now reread the parable of the talents in Matthew 25:14-30 

Our Father in heaven is most ancient and just. He expects us to use our talents to serve, glorify, and aggressively expand his Kingdom. Let us do so! Everyone of us has talent that the LORD God has blessed us with. Let us use it! Glory to God in the Highest!!!

James Turk: Wave of Asian Buying To Crush Gold Shorts

The buying of physical bullion is unabating and growing. East Asian and Middle Eastern demand is putting solid floors under every price rise. 1600 looks to be solid support where large accounts are buying with both hands. Look for $1764 to have especial significance. Here is James Turk a very experienced banker based in Europe who has called this years bullion market with noteworthy precision. His latest thoughts... http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/8/2_James_Turk_-_Wave_of_Asian_Buying_to_Crush_Gold_Shorts.html