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Richard Russell - Watch Gold, 2012 Fated to be a Monster Year
King World News, Feb. 3, 2012
“If you listen carefully, you can hear the heart-beat of the market. It's a slow, heavy beat, as if the market is waiting for something. That something is going to be BIG. Bigger than what anyone is expecting."
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/2/3_Richard_Russell_-_Watch_Gold,_2012_Fated_to_be_a_Monster_Year.html
Related stories:
Disclosed: Fed Prez Who Owns Over $1 Million in Gold
http://www.economicpolicyjournal.com/2012/02/disclosed-fed-prez-who-owns-over-1.html
Peter Schiff -
Peter Schiff: Gold Headed Higher as Dollar to Continue Plunge
King World News, Feb, 2, 2012
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/2/2_Peter_Schiff_-_Gold_Headed_Higher_as_Dollar_to_Continue_Plunge.html
Jim Sinclair - Mainstream Entities Will Now Enter Gold Market
King World News, Jan. 25, 2012
“Today is an important day. There are many days we talk but this is a mile-marker. What the Fed did today is they turned on the light of what will be QE to infinity. Today the light went on with regards to the intentions of the Fed. They did that for very specific reasons, we have troubles people can’t see and this is one of the ways
out.”
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/1/25_Jim_Sinclair_-_Mainstream_Entities_Will_Now_Enter_Gold_Market.html
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Blacked out news: 30% haircut in 5 Major US banks?
This is a head's up from Jim Sinclair, one of Jay O'Keefe's financial experts.
He said that this is blacked out in the controlled media.
He believes that 5 large US banks that hold 97% of the credit default swaps of Greece are about to take a 30% haircut and not call it a default.
The Impending Undeclared Default Of 5 Major US Banks
JS Mineset, January 30, 2012, at 10:05 pm
Dear CIGAs,
The following interview with Ellis Martin of www.EllisMartinReport.com covers in detail the impending undeclared default of 5 major US banks this week by the International Swaps and Derivatives Association.
This even has the potential to cause a second financial crisis that would require significant financial intervention. If you have time to spare, listen to this interview. If you don't have time to spare, listen to it anyway.
http://www.jsmineset.com/2012/01/30/the-impending-undeclared-default-of-5-major-us-banks/
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George Soros on the Coming U.S. Class War
Newsweek Magazine, Jan 23, 2012 12:00 AM EST
"At times like these, survival is the most important thing,” he says... “I am not here to cheer you up. The situation is about as serious and difficult as I’ve experienced in my career,” Soros tells Newsweek. “We are facing an extremely difficult time, comparable in many ways to the 1930s, the Great Depression. We are facing now a general retrenchment in the developed world, which threatens to put us in a decade of more stagnation, or worse. The best-case scenario is a deflationary environment. The worst-case scenario is a collapse of the financial system...The collapse of the Soviet system was a pretty extraordinary event, and we are currently experiencing something similar in the developed world, without fully realizing what’s happening.”
http://www.thedailybeast.com/newsweek/2012/01/22/george-soros-on-the-coming-u-s-class-war.html?.tsrc=sprint
Related articles:
Richard Russell - Gold Threatening Dollar’s Reserve Currency Status
King World News, Jan. 27, 2012
“In a deal concluded in the 1970s, it was agreed that all transactions of oil would be done in US dollars. Thus the US dollar became the world's reserve currency, used for trading in most materials and
commodities. This created a huge desire and need for dollars. As a result the US dollar became wanted and thus strong, heading higher and
higher ... But recent shocker, India and China have started to buy Iranian oil, not with dollars, but with gold. If this continues, it will be bearish for the dollar and bullish for gold.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/1/28_Russell_-_Gold_Threatening_Dollars_Reserve_Currency_Status.html
Jim Rickards
Surprised at How Fast the Currency War Is Developing
King World
News, Jan. 27, 2012
When asked about India buying oil from Iran with gold, Rickards responded, “To the extent I’ve been surprised by anything in the world lately, it’s that things I could see coming are happening faster than anticipated. Again, in the wargame in 2009, we contemplated these kind of scenarios. We thought they would play out in 2013, 2014, but here they are, early 2012, playing out in earnest.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/1/27_Rickards__Gold_May_Super_Spike_as_We_See_the_End_of_the_Dollar.html
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Eric Sprott - Aggressive Chinese Buying Will Spike Gold Price
King World News, Jan. 25. 2012
Annual global gold mine production (excluding China) is officially less than 200 tons
per month, but in July through November 2011 China imported 10,
30, 40, 80 and 102 tons, respectively, through Hong Kong. China cannot continue to buy 102 tons and not have the price escalate dramatically.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/1/25_Eric_Sprott_-_Aggressive_Chinese_Buying_Will_Spike_Gold_Price.html
Related story:
Jim Sinclair - Mainstream Entities Will Now Enter Gold Market
King World
News, Jan. 25, 2012
"I’m going to predict you are going to see a new definition of investors in gold that, up to now, haven’t even been considered. Up to now there’s been the retail crowd and there’s been the international central bank crowd which have been the primary entities in
gold....But you’ve never had mainstream investment, mainstream pensions, mainstream life insurance companies, mainstream health plans, which gather money looking to use a medium in order to maintain the buying power of what they’ve accomplished. This is a huge change, huge new demand, a total new definition."
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/1/25_Jim_Sinclair_-_Mainstream_Entities_Will_Now_Enter_Gold_Market.html
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India to pay gold instead of dollars for Iranian
oil.
Oil and gold markets stunned
DEBKAfile, January 23, 2012
India is the first buyer of Iranian oil to agree to pay for its purchases in gold instead of the US dollar, debkafile's intelligence and Iranian sources report exclusively. Those sources expect China to follow suit... The vast sums involved in these transactions are expected, furthermore, to boost the price of gold and depress the value of the dollar on world markets.
http://www.debka.com/article/21673/
Related stories:
The Demise of the Petrodollar
Rumors are swirling that India and Iran are at the negotiating table right now, hammering out a deal to trade oil for gold. Why does that matter, you ask? Only because it strikes at the heart of both the value of the US dollar and today's high-tension standoff with Iran.
http://www.caseyresearch.com/cdd/demise-petrodollar
India Joins Asian Dollar Exclusion Zone, Will Transact With Iran In Rupees
Jan. 22, 2012
Japan, China, Russia, India and Iran: the countries which together account for the bulk of the world's productivity and combined are among the biggest explorers and producers of energy. And now they all have partial bilateral arrangements, and all of which will very likely expand their bilateral arrangements to multilateral, courtesy of Obama's foreign relations stance which by pushing the countries into a corner has forced them to find alternative, USD-exclusive, arrangements...China, Iran's biggest crude customer, has rejected the U.S. sanctions as overstepping the mark and defended its extensive imports from the second-biggest oil producer in OPEC.
http://www.zerohedge.com/news/india-joins-asian-dollar-exclusion-zone-will-transact-iran-rupees
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Warnings to Americans about
their savings and whom they trust
Posted Jan.
21, 2012
The following are some warnings to Americans from
Nathan Leal, a Christian watchman, Marc Faber, an
Austrian economist and investment newsletter writer,
and David Wilkerson, well-known a man of God who
preached in the US for many years before going home to
be with the Lord in 2011. A few brief comments follow
their warnings.
Prophetic dream of American Pensions Taken by USG
Nathan Leal, Oct. 2010
Interpretation: I believe that eventually, your hard earned retirement fund is going to be taken away from you WITHOUT YOUR PERMISSION!! The USA is also going to go through a metamorphosis. A political "shape shift" into a different kind of government. An oppressive government. A deceptive and tyrannical government ... It appears that the US Government has begun to morph! These changes may be taking place behind the scenes right now! And these changes appear to be similar to the changes that the people of 1930's Germany witnessed......BUT IGNORED!!! Likewise, most of the American public does not seem to have a clue. They are occupied and in a slumber ... If you have a pension or retirement fund, please seek God in prayer about what you need to do. There are options available. Seek Godly council about the possibility of making changes with your retirement fund. Maybe even taking the penalty and withdrawing your funds. And then hedging or preserving your funds in another venue; Perhaps several diversified venues. But make the changes so that YOUR pension is outside the reach of the FOX guarding the hen house.
http://www.watchmanscry.com/prophecy_eagle_and_the_fox.html
Don't Hold Physical Gold in the US
Marc Faber, April, 2011
...People should be their own central banks and gradually accumulate gold reserves as a currency. They should basically hold it physically but ... outside the US ... There is the risk that the US will once again as they did in 1933 collect the gold ... they'll pay probably the market price and afterwards they'll revalue by say five times ...
http://www.youtube.com/watch?v=-9aTRKh6P20&feature=related
The Vision, Chapter 1, Economic Confusion
(excerpts)
David Wilkerson,1973
"There is worldwide economic confusion just ahead. In my vision, this is the clearest thing I have seen."
"And even though the dollar will appear to be gaining strength just before the coming major recession, a new crisis will develop that will shake the entire financial world ... I see total economic confusion striking Europe first and then affecting Japan, the United States, Canada, and all other nations shortly thereafter ... It is not really a depression I see coming - but a recession of such magnitude that it will affect the lifestyle of nearly every wage earner in America and around the world. Countries that now control huge amounts of Western currency are going to be in very deep trouble also. Arab countries will especially be hurt."
"The price of gold is going to rise astronomically. Silver will also become a very precious metal, and its price will go wild ... But neither silver nor gold will offer real security. The fluctuating and uncertain value of gold and silver will be a part of the total picture of economic confusion that grips the world. Believe it or not - even gold will not hold its value. Gold hoarders are going to get hurt - badly. This is one of the most significant predictions in this book."
"It is still possible that we can face the time when even government-insured savings will not be paid. The only real security is in land."
Comments
Ted Spaeth, Jan. 21, 2012
When David Wilkerson received his vision in 1973, the price of gold was about US$100/oz, and silver was around US$3/oz. One might say that
his words about gold and silver are already partly true.
Thus, some questions to consider are: what will happen if the price manipulation stops? Will some
governments confiscate gold and silver? or just the mines? or will they charge 90% capital gains taxes?
Will change happen suddenly or over a period of weeks
or months? Will private ownership of gold and silver
be safe in places like China, India and Russia?
I believe that there is
no perfect investment strategy, but we invest for the
sake of stewardship and minimizing risk. Today, the
biggest financial risks are counter-party risk and
systemic risk, especially for paper assets. In the
end, it all belongs to God. Thus, whatever assets
require more trust in God and His promises seem more
likely to fare better over time than those which
require more trust in man and his promises. At this
time, I still follow Jay
O'Keefe's portfolio allocation, since I believe
silver and gold are honest stores of value as defined
in the Bible (see Why
Gold Has Been the World's Reserve Currency for
Thousands of Years, and silver is especially
undervalued (see Silver
Investment Information). I expect that the day
will come when the situation will change, but I hope
that God will somehow make it clear at the right time.
If any of you lack wisdom, let him ask of God, that giveth to all men liberally, and upbraideth not; and it shall be given him. James 1:5
Charge them that are rich in this world, that they be not highminded, nor trust in uncertain riches, but in the living God, who giveth us richly all things to
enjoy. 1 Tim. 6:17
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Mainland shoppers like new Kitco HK silver
January 20, 2012
If you are still shopping for gifts for Chinese New Year, then you might want to try Kitco Hong Kong.
They have very attractive gold and silver products, including Canadian Maples, American Eagles, Mexican Libertads, Australian Kookabura, Kitco bars and Sunshine Mint bars.
If you are interested, you can visit the following web pages:
English: https://online.kitco.com.hk/silver/index.html
Chinese: https://online.kitco.com.hk/product_list.action
Many Mainland tourists shop there and hand carry their metals back home so they can enjoy lower prices than are available at Mainland precious metals dealers. (This is due to tax issues in Mainland China.)
All you need to do is visit Floor 5L, Centre Mark II, 305-313 Queen's Road Central, open an account (no charge) and pay in cash. Phone: 2827-7800.
It's a very professional operation. Premiums vary with quantity (about 19% recently for small silver purchases), but there is a LARGE INVENTORY for small and medium sized investors / shoppers.
Happy Chinese New Year!
新年快樂
萬事如意
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Jim Rickards -
Financial War With Iran has Begun
Rickards negotiated the release of US hostages from Iran in 1981.
He said on a KWN interview, “All of the information I have is that the US is going to do it (attack Iran). So the tension between Israel and the United States is being resolved in favor of letting the US actually launch the
attack ... President Obama sanctioned the central bank about a week ago. The Iranian currency, the
rial, dropped 30% in a single day. Hyperinflation has broken out in Iran. This is financial warfare."
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/1/13_Jim_Rickards_-_War_With_Iran_has_Begun,_Gold_to_Break_$2,000.html
Related articles:
Iran, Russia Replace Dollar With
Rial, Ruble in Trade
Jan. 7, 2012
Iran has replaced the dollar in its oil trade with India, China and Japan
http://www.bloomberg.com/news/2012-01-07/iran-russia-replace-dollar-with-rial-ruble-in-trade-fars-says.html
Why Iran's currency dropped to worst low in two decades
Jan. 3, 2012
The Iranian rial fell to a record low against the dollar after US President Barack Obama signed a bill Tuesday imposing fresh sanctions against the country's central bank.
http://www.csmonitor.com/World/Middle-East/2012/0103/Why-Iran-s-currency-dropped-to-worst-low-in-two-decades
War Imminent In Straits Of Hormuz? $200 A Barrel Oil?
Jan. 3, 2012
http://www.zerohedge.com/news/guest-post-war-imminent-straits-hormuz-200-barrel-oil
Foreign Exchange: Saddam Turns His Back on Greenbacks
By William Dowell/New York City Monday, Nov. 13, 2000
http://www.time.com/time/magazine/article/0,9171,998512,00.html
Real Cause for Gaddafi's Expulsion: Wanted Gold Currency?
Thursday, May 05, 2011 – by Russia Today
http://thedailybell.com/2226/Real-Cause-for-Gaddafis-Expulsion-Wanted-Gold-Currency.html
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Ted Butler: Three elements of silver manipulation
Jan. 11,
2012
Jay O'Keefe has studied
investing for over 50 years. After much trial and
error, study of the Bible and study of economics, he
has found 8 experts whom he trusts - for their track
record, their belief in the classical or Austrian
economic model and their desire to help small
investors. (See Whom
To Listen To.) Since Jay currently holds
about half of his life savings in silver, Ted Butler
is the expert at the top of his list. Nobody
understands the silver market like Ted Butler,
previously a commodity trader and the leader of the
exposure of the manipulation of the silver price on
the COMEX.
Ted Butler recently wrote about the
three basic elements that prove silver has been
manipulated, and part of what he wrote was posted for the public (i.e., for people who are not paying subscribers):
THE THREE ELEMENTS OF MANIPULATION
http://www.investmentrarities.com/ted_butler_comentary01-09-12.shtml
Summary: there is intent of the manipulators to cover their short positions, they have the ability to do this, and they have been successful. It looks like the CFTC just doesn't really want to enforce the law. To allow the crime in progress to continue is like watching planes drop from the sky and hear the FAA make no comment or take no action. (In most of his recent articles, Ted Butler has repeatedly said that the COT reports indicate that there are not many more longs who will likely sell, so both gold and silver look bullish.)
Related articles:
5 Views on the 30% Silver Price Smash,
May 8, 2011
http://somehelpful.info/Silver/5-views.htm
For the first time in history, Silver Eagle & Maple Leaf sales will surpass domestic silver production in the U.S. and Canada in 2011
The demand for American Silver Eagles and Canadian Maple Leaf coins has increased tremendously over the past several years. 2011 will be the first year in which official coin sales will surpass domestic silver production in both countries.
http://www.marketoracle.co.uk/Article32456.html
Ted Butler Archives (available to the public):
http://www.investmentrarities.com/tbarchives.shtml
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Update from Jay O'Keefe
on Silver
Jan. 5, 2012 - A few
people have expressed their nervousness over the fall
in the price of silver. It occurred to me that
possibly many of our investors share this nervousness.
I told [one man] that I would urge him not to sell any
of his silver at current prices. To do so would be
joining the crowd whose emotions have taken over. As
always there is never a guarantee that my opinion is
right but it is my firm conviction that selling silver
at current prices would be a big mistake. Jay
Related comments from Jay:
SILVER IS STILL ON SALE!
May 31, 2011 portfolio update
It is my belief that it has been ever since it sold for $4.00 in the 1990s. Up almost ten times since then, it has still not approached its true intrinsic value based on supply and demand. World above ground supply has fallen about 80% since then according to the research I have confidence in and have referred you to in past comments. Demand is steadily increasing, not only industrial demand, but for investor or store-of-value demand. It is just getting under way around the world and promises to be the major demand factor in the remainder of this secular bull market in gold and silver as people wake up to what is happening to their purchasing power of their paper money. Governments are flooding the world with a blizzard of worthless paper currencies...
http://somehelpful.info/Money/Jay-Portfolio/Jay-portfolio-2011-05-31.htm
What's Next For Silver?
March 28, 2011
Now I come to the sole point I want to make in this article. Will silver fall by 60% or more again someday? I have absolutely no idea. It certainly could as its bull market reaches ever higher levels and new investors and traders are attracted to it. My point is if it does, tell yourself you are not going to sell it ...
http://www.somehelpful.info/Money/Investing-Today/Whats-next-for-silver.htm
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2 major news items mostly ignored in the mainstream media
Jan. 05, 2012
Chinese Central Banker Declares That 'Gold Is The Only Safe Haven Left'
http://www.businessinsider.com/zhang-jianjua-gold-safe-haven-2011-12
R.I.P. US Bill of Rights 1789 - 2011
(As americans partied, their govt canceled the Bill of Rights)
http://www.naturalnews.com/034537_NDAA_Bill_of_Rights_Obama.html
Related recent stories:
New Asian Union Means The Fall Of The Dollar
http://alt-market.com/articles/462-new-asian-union-means-the-fall-of-the-dollar
Jim Rogers isn't too optimistic about stock markets in 2012, sees longer term systemic collapse
http://www.bi-me.com/main.php?id=55927&t=1&cg=4
Ultra bearish Marc Faber says the whole derivatives market will one day cease to exist, 'will become zero'
http://www.bi-me.com/main.php?id=55870&t=1&c=36&cg=4&mset=1041
Noah, being warned, prepared an ark to the saving of his house - Heb. 11:7
As it was in the days of Noah, so it , so shall it be also in the days of the Son of man. - Luke 17:26
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Recent comments from Jay's experts
Jan. 1,
2012
Three of Jay O'Keefe's experts have recently made some comments that may be helpful:
Ted Butler
This year's quick and sharp declines in silver occurred in only days - something rare for a world commodity. It's clear manipulation, and more and more people know about it. The fact that JP Morgan, the CME and the CFTC (2 criminal enterprises and a policing body that looks the other way) are unwilling to even discuss the issue in public is evidence that it's real. Since industrial demand and the mine supply do not change much, the key statistics to watch are the naked short position on SLV (7% now) and the short position on the COMEX. These are the two big price determinants for silver. Large buyers were buying a lot during the week between the Christmas and new year's holiday as prices were knocked down. The number of people selling or short selling is running out, i.e., there not much room left on the downside, according to the COT reports. A rapid move upward in the COMEX silver price is possible, but it will require that those holding long positions do not sell at low prices but hold on until the price rises significantly.
Richard Russell
“This year's close for gold marks the 11th year for higher year end gold closing. To my knowledge this is the longest bull market of any kind in history in which each year's close was above the previous year. This fabulous bull market will not end with a whisper and a fizzle. I continue to believe that the upside gold crescendo of this bull market lies ahead. We are watching market history.”
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/12/31_Richard_Russell_-_We_are_Watching_Market_History_in_Gold.html
Jim Sinclair
“The amount of discontent and bearishness among people who know better is enormous. It’s moved from bearishness to some form of anger. (This is a) historical bottom, capitulation. A clear sign that the gold market is moving into an outrageously oversold position, most certainly in anything that’s a common share. You must not allow your emotions to direct your decisions. Your emotions will always be your best contrary indicator you have. You have to examine the circumstances and ask whether or not the reasons why you’ve committed to something have changed. And if they haven’t changed, you simply need to buck up and go the course because you’re right.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/12/22_Jim_Sinclair_-_The_Gold_Panic_%26_What_to_Expect_in_2012.html
One reason for the
strange situation in the financial world now may be
that a war is coming in the Mideast. It's possible
that insiders are doing all they can to position
themselves beforehand. Here are a few related links:
Whatever happens, it is good to know that God is in control.
Remember the former things of old: for I am God,
and there is none else; I am God, and there is none
like me, Declaring the end from the beginning, and
from ancient times the things that are not yet done,
saying, My counsel shall stand, and I will do all my
pleasure: Calling a ravenous bird from the east, the
man that executeth my counsel from a far country: yea,
I have spoken it, I will also bring it to pass; I have
purposed it, I will also do it. (Isaiah 46:9-11)
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Update from Jay O'Keefe
Dec. 24, 2011
The Lord is my shepherd; I shall not want ... He restoreth my soul: he leadeth me in the paths of righteousness for his name's sake. Yea, though I walk through the valley of the shadow of death, I will fear no evil: for thou art with me; thy rod and thy staff they comfort me ... Surely goodness and mercy shall follow me all the days of my life: and I will dwell in the house of the Lord for ever. (Psalm 23)
God has answered prayers and significantly healed Jay O'Keefe from his physical and mental struggle. Jay contacted me via web mail and asked me to call him, since his PC is still in Amarillo. He's still in Denver with his daughter April and son-in-law Karl.
He said the Lord brought him to the point of death but brought him back. He remembers nothing of the 4 days in which he went from Amarillo to Denver and went to the ICU in a hospital there. Then, he had problems with his body and memory. The doctors had him completely stop taking the Methyltrexate drug, and they have also been gradually weaning him off the steroids. He hopes to be completely off them soon.
Physically, his body is doing much better. He says it's been miraculous. Three days ago he started walking without a walker (but he uses a cane for insurance), and he's gained some weight back. He said he went from 117 lbs. to 126 lbs. in the last 3 weeks. Mentally, he is still struggling with short term memory loss, but 5 days ago he started having better recall. He feels his brain is gradually waking up.
Spiritually, he is encouraged and thankful to God for the experience, even though it was painful. He is waiting on God as to how to best serve Him now.
As for investing, he has been following the silver market closely. He has not changed his portfolio at all, and he's happy with it as it is (see
http://somehelpful.info/Money/Jay-Portfolio/Jay-portfolio-2011-07-31.htm). He still advises that people hold on to their silver, at least 50% their portfolios. The half would be cash. (I think this includes gold, which has been a currency for thousands of years - see Holding Gold as Cash,
http://somehelpful.info/Money/Investing-Today/Gold-as-cash.htm.) Jay urges all his readers to avoid one thing: selling silver now while it is down to $30/oz. He believes such action would later result in huge regret. He gives it a 3 year time frame, but he believes the move up could start as soon as next week.
Please continue to pray for Jay - that God will restore his mental capacity and give him strength and direction to serve Him as He desires.
"I must work the works of him that sent me, while it is day: the night cometh, when no man can work." (John 9:4)
Merry Christmas and best wishes to you and your family in 2011!
For this purpose the Son of God was manifested, that he might destroy the works of the devil. (1 John 3:8b)
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Christmas gift ideas
Dec. 22, 2011
As we get ready to celebrate the birth of Jesus Christ, here are a few ideas for Christmas shopping:
1. Silver coins or bars (silver is currently well below its 200 day moving average)
2. Currency Wars: the Making of the Next Global
Crisis, by James G. Rickards, available on Amazon for US$17.59,
http://www.amazon.com/Currency-Wars-Making-Global-Portfolio/dp/1591844495, or in Hong Kong at some Commercial Press outlets for HK$190 (Jordan, City U, HKUST, ...).
3. A King James Bible (since it fairly closely follows the Greek text received from God and since most modern translations are based on the corrupted Westcott-Hort Greek text; for more information about this seldom mentioned problem, see
http://somehelpful.info/NT/Majority-text/index.html
)
4. Angel Wars, by Steve Quayle, https://www.standeyo-cart.com/ProductDetails.asp?ProductCode=AWARS. This book discusses another topic that Satan has kept hidden from most churches today: the war that has raged for thousands of years between good and evil angels. It is based on the Bible and extensive research of ancient texts. (Free for pastors who request one.)
5. The Cosmic Conspiracy, by Stan Deyo,
https://www.standeyo-cart.com/ProductDetails.asp?ProductCode=CC, Stan Deyo's personal testimony and Bible prophecy in light of his knowledge of the illuminati. (He worked for them on anti-gravitational propulsion in the early 1970s before he escaped and later got saved.)
Merry Christmas to you all and best wishes in 2012!
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MF Global scare; SLV short position
Dec. 20, 2011
Confidence in an unfaithful man in time of trouble is like a broken tooth, and a foot out of joint. - Proverbs 25:19
Some experts think the MF Global collapse is no big deal, while others think it is a warning of more widespread calamities to happen in the future. Some people are saying that all paper assets are at risk. The latest news on the MF Global story is that investors who thought they had private property stored in vaults may have it seized. The story also illustrates how physical silver seem to be in tight supply. Ted Butler discussed the supply issue recently in relation to SLV.
The Silver Rush at MF Global - by Barrons / Yahoo! Finance
"The trustee overseeing the liquidation of the failed brokerage has proposed dumping all remaining customer assets--gold, silver, cash, options, futures and commodities--into a single pool that would pay customers only 72% of the value of their holdings. In other words, while traders already may have paid the full price for delivery of specific bars of gold or silver--and hold "warehouse receipts" to prove it--they'll have to forfeit 28% of the value." http://finance.yahoo.com/news/the-silver-rush-at-mf-global-.html
SLV Short Position Update - by Ted Butler
(paraphrased version)
The SLV silver ETF,
which holds a large portion of above ground silver is
short of what it is supposed to have. This is not
good, and BlackRock, the SLV sponsor, is negligent.
This has contributed to price suppression of silver,
since if the ETF had what it promised to have, the
silver price would have had to go higher. See full
article:
http://www.investmentrarities.com/ted_butler_comentary12-19-11.shtml
For those interested in following Ted Butler, this page on Investment Rarities has links to many of his articles that are for paying subscribers:
http://www.investmentrarities.com/tbarchives.shtml
(It appears that he releases some to the public.)
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The US Treasury is shorting the USD by taking SDR notes from the IMF
Dec. 19, 2011
King World News recently interviewed Jim Rickards about banking, the USD and gold.
Can you imagine any nation short selling its own currency? Jim Rickards says that's essentially what the US is now doing:
Audio interview:
Part 1: http://kingworldnews.com/kingworldnews/Broadcast/Entries/2011/12/17_Jim_Rickards.html
Part 2: http://kingworldnews.com/kingworldnews/Broadcast/Entries/2011/12/18_Jim_Rickards__Part_II.html
Text excerpts:
Part 1: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/12/16_Jim_Rickards_-_The_US_Treasury_Shorts_the_Dollar.html
Part 2: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/12/18_Jim_Rickards_-_This_Will_Send_the_Price_of_Gold_to_the_Moon.html
"Money ... has something in it sacred that is not to be sported with, or trusted to the airy bubble of paper currency." (Thomas Paine, 1737 - 1809)
The Lord hates dishonest scales (including fiat currency), but accurate weights (like gold and silver) are his delight. (Proverbs 11:1)
The silver is mine, and the gold is mine, says the LORD of hosts.
(Haggai 2:8) The borrower is slave to the lender. (Proverbs 22:7)
The wicked borrows and does not repay. (Psalm 37:21)
Righteousness exalts a nation, but sin is a disgrace to any people. (Proverbs 14:34)
Because they did not receive the love of the truth so that they might be saved, God will send them strong delusion, that they should believe the lie. (2 Th. 2:10,11)
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