Saturday, March 22, 2008

If a Tree Falls in the Wilderness and Kills the only one there....

Does anyone remember what happened the day before the twin towers were destroyed? Lots of Put Options. Folks basically betting that certain stocks were going to IMPLODE in value ( United Airlines) while at the same time Other companies were going to EXPLODE in value,( defence contracts and anything to do with the planed war) (Click Itallics for link)

On the other hand there are always stories that get buried by terrible events, stories so damning that only an even greater story , a more terrible story can over shadow it. Namely that on September 10 2001 Donald Rumsfeld and his experts , held a press conference wherein he admitted that the Pentagon has misplaced over 2.3 TRILLION dollars. This is big Big BIG. but what happened less than 24 hours after this disclosure? Sept. 11 2001. As Rumsfeld put it
"According to some estimates we cannot track $2.3
trillion in transactions,"

Personal note, Would it not be cheaper to print the 2.3 Trillion then to try to find it?

I guess that why the Pentagon is getting all the money they need for anything they need it for.

Anyway. I digress..Why would the owners of two companies that Bloomberg news is stating are being saved by the FED. sell their stakes in the very companies that they run?

Documents filed with the Securities and Exchange Commission on Thursday
March 20 show that Goldman's President and Co-Chief Operating Officer
Jon
Winkelried
sold some 30,000 shares at about $173.85 each, totaling
approximately $5.2 million, from Wednesday to Thursday. Vice Chairman Michael
Sherwood unloaded some 7300 shares at a per share price of about $174.85,
totaling close to $1.3 million Wednesday. Goldman could not be reached for
comment.


Why did the price of GOLD and SILVER GO UP between the NY Close and the dead zone that is Good Friday for the rest of the world? Silver went up from 16.81 per ounce to 17.31 per ounce, yet Bloomberg still has the front page head lines of the great catastrophe of the Commodities bubble bursting and the FED's brilliant moves to save the world? The Dollars great GAINS!! Yet it is well below 72 on the dollar index? A Massive inflation of the money supply and somehow this is a cause for an increased dollar value? Federal Interest rates down and somehow this is supposed to be a great boost for folks wanting to invest in dollars?

Melinda peer asks the question

"What if the other shoe drops but no one hears?"

And then shares the conspiracy ( my word not hers) showing how these big companies ratings are falling.. ( remember Bear Stearns Spent the days before their IMPLOSION telling everyone every thing was OK!)

"Standard & Poor's analysts tested the tree-falling-in-an-empty-forest
scenario, as it lowered the outlooks for Goldman Sachs and Lehman Brothers to
negative while markets were closed."


A must read article:
"Not So Good Friday For Goldman and Lehman"
IRS delivers stunning reversal on the American Gold Eagle / Income Tax Question

As we have been sharing for quite some time now, America is still on the Gold Standard, however most AMERICANS are on the paper Standard. The Treasury coins Gold and Silver and Platinum coins in various lawful denominations and those coins are lawful money. ( they keep using the term legal tender, but they are actually Constitutional Money. They need no government edict to have value, they are value in and of themselves. This being said however, they are minted with Dollar Amounts on them ( Not federal Reserve Amounts). The Gold Coins come in 50$ 25$ 10$ and 5$. The Silver comes in a 1$ Coin and Platinum comes in 100$ Coin. Anyway these coins have legal tender value, at least according to the mint and the treasury department.

OK so what is the big deal? If they are legal tender and you are payed with a 50$ Gold coin, how much do you have you earned?

Well 50$ that's how much, never mind it is GOLD or PLATINUM or SILVER. it is legal tender based upon what is printed on the coin.

OK so then why not use them as legal tender. OK

You buy a car for 1000 legal tender Units represented by 10, 100 Unit federal Reserve notes, you pay how much in sales tax? OK what would be the sales tax if you bought it for 50 legal tender Units in the form of a American Eagle one ounce Gold Coin? ( your state may vary, just fill in your your sales tax percentage)

What about reporting liabilities on Taxes if you are a tax payer?
Please follow the following LINK to read an article that seems to confirm what we have been sharing with folks all along in regard o this split tender standard. It seems that the IRS Admits that if your corporate gain was in 50 Dollar America Eagles your reporting requirement would be 50. not the market value of the coin, but rather the Legal tender value of it. Please read this article and let me know what you think.

Please also read this article American Gold Eagle preys on the IRS.

Sunday, March 16, 2008


This sermon was on LIVE RADIO in Ocala Florida March: This program talked about Practical Economics and survival.

Gold was 1003 per ounce at the time and Silver was 20.73. Diesel Fuel was 3.99.9 per Gallon and Gasoline was 3.23.9 per Gallon.

Why is your preacher not aware of this stuff? Is it possible that he is aware but is AFRAID to talk about it because he is afraid you will panic and ask more hard questions he is not prepared to answer.The whole task of the pastor should be to tell you the hard stuff too. Where do you think he will be when your family is starving because he refused to tell you to prepare so he could make sure his plate was full and his housing allowance did not fall into jeopardy. ANY WAY ENJOY AND PREPARE

In Christ
The Preacher

Thursday, March 13, 2008

Entering the Brave New World of 1984 Double Speak

WE MIGHT BE IN A RECESSION? WE MIGHT be looking at a Collapse in the Dollar?.


These and other propaganda damage control statement by the financial "guru's " as one of my customers likes to call them, just go to show how stupid or controlled these mindless drones for the system actually are. The BROKERS ( not RICHERS) have cost their client trillions of units in purchasing power over the last year or so and have plunged the economy into turmoil with their notion that the only thing that is money is that which the Government or the FED prints on paper. Rather than get their investors out of anything associated with Federal Reserve notes, and rather then Loan real money instead of Paper Tigers, they have CREATED the sub-prime loan implosion in order to expropriate the real valuables of the American people and the people of the rest of the world into the hands of the central banks.


Is it any wonder that the FED said they would be able to loan against mortgages now?

Listen to this quote from Bloomberg.com : "``Sentiment for the dollar continues to deteriorate very, very rapidly and if we're not careful this will turn into a dollar crash,'' said Mitul Kotecha, head of foreign-exchange research in London at Calyon"

Well folks the dollar crashed at the end of 1970 when all silver was removed from the rest of the coins, and as far as the rest of the word was concerned it started burning when all GOLD redemption was removed August 15, 1971. And if it were not for the connection to OIL and OPEC as a "petro Dollar" and the fact that through the Brenton Woods agreement the rest of the world held our paper as a reserve asset the funeral would already be over. 100 Dollars in 1970 is equal to aprox. 17.70 cents as of January 2008. And that is using the Governments happy happy figures. Think about that folks, that is 37 years give or take a few months and a -464.97 percent decline in purchaseing power. OK what about "inflation" from 1970 back an additional 37 years? 1970 back to 1932 the dollar lost 143.90 percent. 1931-1884 the Dollar lost 123.66%; from 1883-1846 the dollar lost 49.79 percent ( this included Lincoln's greenback hyperinflation)
From 1845-1808 the dollar lost 23.21%.
OK in 37 year increments.
23.21% Silver and Gold... War of 1812 Mexican War.
49.79%Silver and Gold...Civil War, greenbacks,
123.66% Spanish American War, WW1 Establishment of Fed Reserve System
149.90% Fractional reserve banking, IRS, Gold Stolen by FDR.
464.97% Gold Certificates denied, 1971, Silver Certificates nonredeemable. Dollar allowed to float.


Definition: Petro-Dollar: AMERICA is the largest consumer of OIL in the world and we buy that oil with FRN's. The FRN's referred to as Dollars, are sent to Saudi Arabia or some other third world sand pit, once over there, they then deposit those Dollars back into AMERICAN BANKS on accounts owned by their respective countries or companies. OUR dollar has value when OPEC agrees to accept them for oil and then redeposits them or uses them to buy stuff. If OPEC decides that they no longer wish to sell their oil for our dollars, our dollars stop having petro-Dollar Value. Other countries also use our dollars to buy oil making our FRN's valuable to them, however if OPEC or some other country that we get oil from one day refuses our FRN's in exchange for OIL, the dollar crash will be over and the funeral will commence.

Regardless of the country, if the monetary unit that it uses, has no intrinsic value or species backing ( Gold Silver etc.) once the unit will not be accepted for value in regard to OIL or some other necessity from outside of it's country's borders, that unit will die or hyper inflate as the government of that country turns the printing presses on. In my opinion it seems the reason that this fiat money system seems always to degrade through hyper-inflation to tyranny, is that since nothing is backing the unit, the Government must FORCE the use of it through ever higher taxation and Laws requiring those taxes to be paid with the defunct monetary unit. As this is happening through the hyper-inflationary time, the people are getting more poor and dependent on the Government for staples like food, housing and medical care, the Government prints more to cover it, and raises taxes higher to fund itself on the local level as well as the federal level. The printing continues, the Government controlled banks begin to take possession. Foreclosure and Confiscation become the norm. People begin to go hungry unless they are willing to accept Government handouts, and those hand outs come with a price, CONTROL. Joblessness increases as inflation increases. SAVE US will go out as the call of those who have been brainwashed into "one Man One Vote".
I Wonder......
Are those at the top are creating the chaos in order to offer the "Ultimate Solution"?


After all if all paper money turns worthless, and inflation soars out of control and food becomes to costly we can just simply seize all the assets into the arms of the super state and redistribute the wealth among the masses. To prevent fraud we can make sure the all persons are numbered and credits are assigned to each number. To prevent the theft of a credit card or the theft of a number ( Identity theft) We can simply, for every ones good and for total safety and fairness, have all the numbers placed into little chips and embedded or marked on the hands or for-heads of each and every citizen of the brave new world.

Legal Definitions:
Petrodollars :
The money that oil exporters receive from selling oil and then deposit into Western banks.
Notes:Petrodollars refers to the money that Middle Eastern countries and members of OPEC receive as revenue from Western nations and then put back into those same nations' banks. For example if Libya were to receive money from the U.S. for oil and then put the money into a U.S. bank, that deposited money is referred to as petrodollars.Petrodollars are also known as petrocurrency.
Powered by Investopedia.com. Copyright © 1999-2005 - All rights reserved.

petrodollars :
The funds that are controlled by oil-exporting countries and have been used to pay for oil imports. Petrodollars are a huge pool of funds available for investment and the purchase of goods and services. Although stated in terms of dollars, the term generally refers to all currencies.
(Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved.)

Wednesday, March 12, 2008

WHAT TO BUY and WHAT not to BUY ---- IMHO

When thinking about hedging your dollars in Silver or Gold, it used to be, when silver was around 6 bucks an ounce or less, that one could buy Washington Quarters ( WQ) and Roosevelt Dimes(RD) and Kennedy Halves (KH) at about spot as Junk Silver. When Silver was about 6 Dollars, WQ were about 3.8-4.1 times face value. While Mercury Dimes (MD) and Franklin Halves (FH) were a bit more. Somewhere about 50 -75 cents for the MD's and about 2.50-3.00 for the FHs. While Walking Liberty halves were 4., Well as the price of Silver climbed the Numismatic value of the MD's and the FH's (outside of uncirculated and a few rare dates) were basically swallowed up in the price of silver. In other words, the melt value of both the RD's and the MD's were both at the Numismatic value of the MD's and the melt Value of the FH's and the KH's were both at the Numismatic Value of junk grade FH's. The same thing happened when the price of Silver climbed to higher levels with the WH's . When the Walkers were worth numismatically about 7 FRNs each Silver was about 12 Dollars, which was still well beyond the price of the Silver, but now that Silver is about 20 the Numismatic Value of the Walkers, (outside of EF and AU grades and a few rare years) Especially the more common 1940's, has been swallowed up in the bullion value. So what to buy? if you have an opportunity , always buy strictly for SILVER VALUE, however remember that if the Half dollar COIN was worth 7 dollars at 6 Dollars an ounce, it is still worth 7 dollars at close to 20 per ounce the only difference being that at one time it was numismatically worth 7 and now it is worth it because of it's metal content, however if the coin was worth 2 when silver was worth 6.oo per ounce and is now worth 7 for it's metal content if the price should drop so will the value of the coin, where as the former will retain it's value.

This will continue to be a "sybdrome" as or if the price rises. sooner or later the barber halves and Standing Liberty quarters will be worth only their metal value.

What to do? If you have an opportunity to buy Walkers or Franklins: Buy the Walkers. If you have the chance to buy Kennedy's or Franklins, check the weight, sometimes Kennedy's weigh more and will justify the decision, however generally speaking get the Franklins or Walkers ( unless they are worn to death) If the price should drop the numismatic value of the FH and WH, will protect you against a fall.

All that being said:
If you buy the KH's RD's or WQ's you are still getting your monies worth at today's price of silver. BUY WHAT YOU CAN, but LOOK for the OLDER coins, that are still not worn to bad, and if the opportunity arises, buy them instead or along with the others.
Putting out a Fire with Straw or Gasoline?



The Controlled Demolition of the Dollar:(3 Charts)
Chart (1) 5 year
Chart (2) 2 year
Chart(3) 1 year


The Fed decided that introducing 200 billion more paper tigers into the market was the best way to help the economy. OH yes they said that they would be glad to do so, and they would be happy to accept mortgage backed debt as a pledge against the new loans. Does this mean that if the banks who are going to borrow these paper tigers are unable to repay the 200 billion that the Fed will now take possession of our homes too? This is an international issue, as the International Banker aspect of the Fed shows that it is in fact tied with the other banksters in the world. According to FOX ( Fair and balanced) Business news, the day of the move said , "Today’s plan is a joint effort between the Fed, the Bank of Canada, the Bank of England, the European Central Bank and the Swiss National Bank. The announcement moved the market sharply higher in pre-open action and the U.S. dollar strengthened against the Japanese Yen -- a key indicator of currency demand."





The Dollar would get stronger by dumping billions of units on the market? Well only if the other central banks in on the deal dumped more paper tigers into their economies then we did into ours, and that by a very large percentage, WHICH THEY DID NOT.





Bloomberg - "The dollar rose the most in three months against the yen after the
Federal Reserve said it will lend up to $200 billion of Treasuries and boost
swap lines with European central banks in a bid to ease a credit crisis....


( allowing the country to INCREASE it's debt will only prolong the problem, rather then having to be able to tame a 5 trillion pound Paper tiger we will have to kill a 10 trillion dollar one.. impossible)



Bloomberg continued:
The U.S. currency also rebounded from a record low versus the euro as traders
speculated the steps will help spur bank lending and avert a recession. Traders
trimmed bets [towards the half-point range of the possible spectrum] the Fed
will slash its benchmark rate as much as 0.75 percentage point this month, from
3 percent."






OK.. how stupid can investors be to invest in FRN's. These guys in wall street, when the fed announced their plan, actually thought that this move would make the dollar stronger? The dollar gained today... the Index went UP to over 73 blah blah blah.. the Dollar index was well over 90 only 2 year ago... and guess what folks it is down to 72.56 from yesterdays "strong gains".





OH and the Fed is still thinking strongly about cutting interest rates again by .75%.





OK Add 200 billion, Cut rates .75% while the rest of the world is raising rates= inflation unchecked. SURE THE STOCK MARKET WILL RISE. Folks talk about the Stock market rising yet it is only relative. the reality is, that against purchasing power and non dollar denominated purchasing units of almost any kind, the Stock market as tanked, and has been doing so for quite a long time.





I read an article yesterday about the falling dollar in relationship to purchasing power.


they said: if someone had purchased 100000 Euros worth of dollars in March of 2000. (8 years ago) they would have had to spend .964345 cents in order to trade for ONE euro. IN order trade for ONE euro today exactly 8 years later, one would have to trade 1.547 ( One Dollar and 54.7 cents)


OK Lets do the math. One pays 96,434.54 FRN's and gets in return 100,000 euros in the year 2000, IN 2008 he converts his euros back into FRN's and now has 63,532.40 which calculated for inflation with the federal Reserves Inflation calculator based on the very liberal Consumer Price Index (CPI) would equal to about 50,743.41 FRNs worth of purchasing power.





One individual I had read calculated that given the price of goods in Europe, the European who invested his Euros in FRN's lost some 71,000 Euros in buying power in just the last few years.





IN other words the Federal Reserve ban and all the credit card companies in America, as well as all the local banks are increasing the Paper Tiger ( and Digital Tiger) supply at a much faster rate that the Europeans and Japs are doing in their little neck of the world.





When you think of inflation, most of you are thinking that the prices are inflating, but that is the result of inflation not the cause of it. INFLATION is the INFLATING of the Paper Tiger/Digital Tiger DEBT Supply in relationship to the total number of available goods and services. The American Heritage® Dictionary of the English Language, Fourth Edition, Copyright © 2000 Published by Houghton Mifflin Company puts it this way: INFLATION is.....caused by an increase in available currency and credit beyond the proportion of available goods and services."





Your price in not going up, your value is going down.





Nothing is worth MORE.........





YOUR money ( FRN's and CREDITS are worth less ( WORTHLESS).





The only advantage that we have here in America ( and this advantage is dwindling) is that we do not have the psycho-Taxes that they have in Europe. So where as our Gasoline in America is High, their's in Europe is NUT CASE high, but hey they have free medical care and transportation.





They have learned to spread the pain not the gain and so their pain tolerance is much higher in Europe than it is here in America.





On a side note, our Constitution and Declaration of Independence speak of Life, Liberty, Property and Pursuit of Happiness, the freedom of expression and religion and self Defence, not the equality of results but the equality of opportunity. It is a shame then that those in the KNOW and at the head of State are working the destruction of these goals and aspirations for the goal of a New International Economic Order. They knew they could never destroy America and her Constitutionally protected Freedoms so they decided to drive her into a DEBT that can never be repaid for the Borrower is Servant to the lender.








P.S. HOMEWORK: if you had invested your 100,000 Euros or FRN's in Silver in march of 2000 what you would have in purchasing power today? You do the math....





in Christ


The Preacher..

Tuesday, March 11, 2008


I was surfing around the inter-net today and came across the SILVER BEAR CAFE. They have our interview with the fantastic David Morgan of the Silver-Investor.com wed-site. This interview was given back on January 4 2006. if you have been to our web-site on www.sermonaudio.com/freedombaptist you have already heard this interview, what you might not have seen is this web-sites article that David Morgan wrote using this interview as a backdrop. As the owner of the Silver bear states:(Editor's Note:) "This is an interview with my friend David Morgan of http://www.silver-investor.com/. The interview was conducted on January 4th, 2007 by Pastor Michael Ernest Slattery of Freedom's Domain. David is one of the foremost authorities in the precious metals world and made something that can be very confusing, easy to understand. PLEASE do yourself a favor and listen. The following article was written, by David, to accompany his interview - JSB "
Please go to the SILVER BEAR site , listen to the interview but please use our link on Sermon Audio to listen to the interview so that we can see how many folks are listening.

Monday, March 10, 2008

When opportunities arise , be prepared to take advantage.

This article will have foot notes in brackets OHHH AHHH (1)(2) etc..


If you woke up in the morning and found out that for some reason you local supermarket was selling everything in the store at a 5% discount or a 10% discount and you were also told that the sale would end but you were not told when, would you go down and stock up on your groceries a little bit?


If your friend came over to your house and let you know that there was a gas station in town that not to many folks new about , but the owner for some mysterious reason was selling his gasoline for much less then everyone else in town, Possibly 15 or 20 cents cheaper, would you go down and fill up your tank?


I mean you knew that the Price of gasoline had no reason to fall, and the price of food was rising every place else and the price of wheat and corn were going through the roof, and so bread should be going up but for some reason this store was selling it less than wholesale. Would you argue or take advantage of the situation?


Well this morning was one of those mornings, Gold and Silver were down, Inflation is UP. The federal Reserve is seriously contemplating LOWERING the interest rate by up to .75 bases points, (1) (effectively flooding more paper Tigers in to the market). South African Mines will be functioning possibly on only 95% power supply. (2)

IN Another African x-British colony that can't seem to function properly anymore due to poor decision making, RioZim one of the largest producers/mining companies in Zimbabwe shuts down Renco gold mine reportedly due to non-payment for its gold bu the country's Reserve Bank ( 3)

Folks in the media are talking about god down amid stronger dollar yet the DOLLAR is down against the Euro needing 153.3 dollars to buy ONE Euro as of that statement and when the fed lowers interests rates again this month it will most likely head even lower. As for the British Pound Sterling, a week ago it took 1.98 to buy one British pound and this morning it would take 2.018 ( Almost 2.02) So lets not pretend that the Dollar is doing anything but loosing purchasing power. Or that a stronger dollar is the cause for falling Silver and Gold prices. What we have here are a few possibilities : 1 Fund managers with computer generated buy and sell options that kick in. 2. Manipulation through some government threat to sell hoards of metal. 3Manipulation of the rules on the COMEX for margins. This last one has been very effective in the past but only a temporary issue in the present. In relationship to the Hunt brothers in the late 1970's early 80's



When the Hunt's had begun accumulating silver back in 1973 the price was in
the $1.95 / ounce range. Early in '79, the price was about $5. Late '79 / early
'80 the price was in the $50's, peaking at $54.
Once the silver market was
cornered, outsiders joined the chase
but a combination of changed trading rules
on the New York Metals Market (COMEX) and the intervention of the Federal
Reserve
put an end to the game"
(4)


The officials at COMEX moved to check this cornering of the silver market by raisng margin requirements. The highly leveraged Hunt Borthers were unable to meet their margin calls, and were forced to sell. (5)


Inflation was running wild and the Hunt brothers, 2 of the richest men in America ( OIL MEN IN TEXAS) made the mistake, in my humble opinion, of understanding the issue of Fiat money, but underestimating the international bankers in the Federal Reserve and those in charge of the COMEX. They also ran afoul of another family that was big in OIL... the BUSH family. Hey competion can be pretty dangerous at the top.


Well folks the federal reserves has no more Silver Reserves to dump on the market, but the COMEX still can change the rules as they see fit. However I do not think that CHINA cares what the COMEX does.


Well folks it may get even cheaper, but for how long who knows, the indicators are all looking to force the price up as compared with falling dollars and the onslaught of looming inflation.

Look for better quality coins that have some numismatic value even if that value currently absorbed by the silver price, Call me if you want 352-362-2212 and I would be glad to explain that concept in detail,

I am not a "financial adviser" but I do own a Bible.
I am not telling you what to buy or what not to buy, but I am sharing with you what I think and why. You should all adjust yourselves according to your own research and findings, that is why I have put so many references on this web-site and so much research material.

God Bless

IN Christ

The Preacher/






(1)U.S. Stock Futures Gain After Goldman Says Fed May Reduce Rates
By Eric Martin
March 10 (Bloomberg) -- U.S. stock-index futures advanced after Goldman Sachs Group Inc. said the Federal Reserve may reduce interest rates today following the fastest loss of American jobs in five years. ....








Monday, March 03, 2008

OK now that Silver has eclipsed the 20 FRN mark. Beware of the possibility of the psychological investor. Those are the folks who do not buy or sell based upon facts but rather through fantasy.
Fund managers and Brokers tend to fall into this catagory. They are SURE that gold and Silver will do something but they are not sure what. And generally about 6 months agao they were sure ut would do nothing. They are after commissions not profits. And now that Gold and Silver are higher, their % is going to make it worth their while to get you to add it to your paper portfolio. They will never advise you to take posession for then they would be out of the loop. You would no longer need them and you might close your brokerage account. The ETF's ( Electronily Traded Funds) are a good example of this. And where as they seem like a good idea if you can eliminate the brokerage house and use them as money in and of themselves, they are in fact,(IMHO) Just another way to possibly create something out of nothing at worst, or a way to keep all your investments tied to your BEAST number at best. That being said, the ETF's have over 650 metric Tons of Gold secured in them, (over 20 million 800 thousand ounces) this is a supply drag, and helps to push Gold higher. South Africa still can't figure out how to run an electric company and so they will be running on at most 90% power for the next half decade, China is consuming way more then they are producing, and the Dollar, thanks in part reciently to Greenspan being honest with the Saudi's is falling like the trade towers. Inflation is at about 7% possibly much higher on the CPI field, and on the commodity range it is about 20% with Wheat, Corn, Suger,Soybeans,Copper,Lead,.Silver,Gold,Lumber,Zink,Rhodium,Platinum, all well into to multi-year Double digits.
Outside of a deliberate manipulation of FRAUD. in My Opinion there is no reason in the world for Gold and Silver to go any place but UP. But then again those in charge have been known to change the rules.

Click here for a radio broadcast that I did with some of these figures...HERE