Oct 302014
 

Zero Hedge: “If, as Lacy Hunt (Hosington Investment Mgt.) explains “debt is an increase in current spending in lieu of future spending,” then we have some ‘un-spending’ to do…”

Opinion: Quantitative Easing (QE) officially ended yesterday at 2 PM with an announcement from Janet Yellen, Chairwoman of the Federal Reserve Bank. The Fed is comfortable that the US economy has sufficiently recovered so that stimulus (new money) is not needed any longer.

Baloney.

The US economy is addicted to Fed money with 4 trillion having been injected into the economy since 2008. Without the Fed’s massive bond-buying program, interest rates will slowly rise, making the US pay more to finance its ever growing debt.

If, or I should say when, the debt burden (interest payments) begins to increase the deficit, the Fed will be backed into a corner and be forced to come back with more stimulus.

By that time it may be too late.

The apocalyptic Black Horse scenario of Revelation 6:5-6 is still in the early stages but clearly in view.

20141029_100t_0

 

Share
Oct 162014
 

plungeZero Hedge: “The last time the stock market reached a fevered peak and began to wobble unexpectedly was August 2007. The proximate catalyst back then was the sudden recognition that the subprime mortgage problem was not contained at all, as Bernanke had proclaimed six months earlier. The evidence was the surprise announcement by the monster of the mortgage midway – Countrywide Financial – that it would be taking huge write-downs on its $200 billion balance sheet.”

Opinion: The stock market is the only place on earth that when it is holding a sale, people sell, instead of buy. There seems to be some panic going on and although I get that people love to buy stocks when they are going up, I have never understood why anyone would trust the new stock market (my name) that is being inflated with printed money.

That is new. Quantitative Easing (QE) began in 2008. That means that the US Treasury printed money to buy back its own debt so that interest rates would stay low.

Ironically, the Federal Reserve chose October, known as a month when famous crashes have happened, to end the money printing scheme.

It absolutely cannot end well. If the stock market keeps dropping, the Federal Reserve will undoubtedly begin another stimulus scheme, but probably under a different name.

They should call it the plunge protection team (PPT).

We are 3 weeks away from an election, and that means anything goes. Lies, deception, followed by more outright lies and deception are unfortunately the new world order … perilous times indeed.

We know who is in charge. We know where our real treasure is (Matthew 6:19-21), and He told us what to do ” Go and Make Disciples …” Matthew 28:19-20.

 

Share
Sep 222014
 

20140920_gold1_0

Zero Hedge: “The suppression of gold prices is essential at all costs to the Anglo-American banking interests. The saber rattling and attempts to lure Russia and China into military conflict are about who controls the financial world.”

Opinion: It has been a curious phenomenon to me seeing gold and silver prices decline over the past 3 years, while the central banks of the US, Japan, and more recently the EU, print new (fiat) money to escape a never-ending financial crisis.

Typically, adding counterfeit money to any economy will devalue existing money, causing inflation and the price of precious metals and interest rates to rise.

In an effort to keep interest rates low, central bankers have created trillions in new money to buy massive amounts of bonds that have held interest rates down while negative counter-effects have been muted.

My (Conspiracy) Theory: Suppose that at the same time they have been buying up bonds, central banks sold short massive amounts of gold to keep the price from rising out of control. (sold gold contracts they don’t own with the intention of buying it back in the future).

Rising gold prices are clear evidence of a paper money problem and potential collapse. By suppressing gold, financial markets would be fooled into complacency that the Central Bank plan of money-printing was actually a good thing and that it would eventually solve the financial crisis.

The US dollar would then rise (which it just did) and the world reserve currency and global economy would stablize.

fredgraph%20(34)

Fact: Russia and China, seizing an opportunity to buy precious metals cheep and weaken the US superpower, began buying gold quietly as evidenced by the charts above and below.

In the fiction chapter of our  book Antichrist: The Search For Amalek, we theorized a move by Russia and China to dethrone the US dollar and replace it with the renminbi as part of a basket of currencies:

Excerpt: “As the top-secret meeting got under way, John Brennan had disturbing news to share. He informed the group that there was urgent intel from our people on the ground in the Far East. China was about to make a move with support from Japan, Russia, and the European Union to dump the dollar as the world reserve currency.

They planned to institute the renminbi, either alone or as part of a basket of currencies called Special Drawing Rights (SDRs), which would include the euro and the yen. Brennan told the cabinet that China had been buying large amounts of gold for the past five years in an effort to build global confidence in the Chinese currency. Their aim was to make the renminbi the de facto reserve currency and to increase global influence.”

20140920_gold2_0

Disclaimer: This theory is in no way an encouragement to go out and buy gold. If I am correct, there is no way to know when central bankers will buy-in their short positions.

 

Share
Aug 222014
 
Federal Reserve: We'll Keep Suppressing Interest Rates

The New American: “The Federal Reserve Bank will keep suppressing interest rates to near zero for more than a year, according to Federal Open Market Committee meeting minutes released August 20, despite talk about an “eventual normalization of the stance and conduct of monetary policy.” According to the Federal Reserve Bank’s Open Market Committee meeting

[...]
Share
Aug 222014
 
Chuck Hagel Goes Full Fearmonger

Zero Hedge: US Secretary of Defense Chuck Hagel talks about the “imminent threat” ISIS poses to the US and the World.. .and pulls no punches in his total fearmongery…“ISIL poses a threat greater than 9/11. ISIL is as sophisticated and well funded as any group we have seen. They’re beyond just a terrorist group. They

[...]
Share
Aug 192014
 
Trampling on Coal Country Families

  Canada Free Press: “Between 1989 and 2010, Congress rejected nearly 700 cap-tax-and-trade and similar bills that their proponents claimed would control Earth’s perpetually fickle climate and weather. So even as real world crises erupt, President Obama is using executive fiats and regulations to impose his anti-hydrocarbon agenda, slash America’s fossil fuel use, bankrupt coal

[...]
Share
Aug 062014
 
Americans Got $2 Trillion in Benefits from Federal Government in 2013

CNS News: “$2,007,358,200,000 in benefits and entitlements in fiscal year 2013 from government programs, according to data from the Bureau of the Fiscal Service’s Monthly Treasury Statement. The treasury statement summarizes the financial activities of the federal government, including data on government receipts, outlays, and surplus and deficit totals.  The September 2013 monthly treasury statement

[...]
Share
n2 sh