Tuesday, May 26, 2009

"Speak Lord, thy servant heareth."

Home


7 Lessons As We March to the Great Palace of Worship -

"NO WEAPON FORMED AGAINST US SHALL PROSPER."
Lesson 1 We are members of this ministry and great work because the Lord Jesus Christ hath brought us, not because we were strong but indeed weak. Most assuredly, it was the call of Jesus that joined us to this ministry.

Lesson 2 As we march to the Great Palace of Worship, and threats are leveled against you from without and within, remember these several things: (A) Do not panic, (B) Exercise great patience before you speak or act, (C) Do not rail when you are reviled, (D) The Lord will show you the way out. (E) Count every obstacle in your life as joy. James 1:2 (The joy of the Lord will be your strength to overcome.) Neh. 8:10-11 When you overcome, they will be your testimonies.

Lesson 3 Jesus hath promised us He will never leave us or forsake us. Tho' the way gets weary, scary, and dark, He is with us and we will be victorious.

Lesson 4 Plead the blood of Jesus over every work of Satan.

Lesson 5 Do not repeat any threats or ugly statements made to or about you. Silence the enemy at your gate. Do not spread his destructive messages, rather speak peace and blessings.

Lesson 6 Remember: The battle is the Lord's. Whosoever fights you, fights against the Lord.

Lesson 7 Remember the oblation hour and observe it. (A) Before you close your eyes in sleep at night say: "Satan, you are a liar." This will rebuke all fears, threats, trials, and evil reports received during the day. (B) When you awake in the morning say, "Speak Lord, thy servant heareth." This will release all information deposited into you while you were sleep, praying, or meditating.


Could President Obama ban U.S citizens from holding gold?

May 26, 2009 by POPEYE

Back in 1933, at a time of economic crisis, President Roosevelt forced U.S. Citizens to sell their gold at $20 an ounce - and then subsequently revalued the metal to $35. Could President Obama, a Roosevelt disciple, have similar plans in mind.

(MINE WEB)   Whether one believes in the GATA premise that the gold price is being held down by a gigantic conspiracy between the Worlds Central Banks, Governments and some major banking institutions or not, there is little doubt that governmental-initiated currency manipulation does occur, and if one looks at gold as money then it is logical that some degree of manipulation here also takes place at Central Bank level.  Whether one can call this a global conspiracy, or part of the general process of stabilising currencies and exchange rates, depends perhaps on which side of the fence you are sitting.  In a way this is similar to the terrorist/freedom fighter debate!

But, history does tell us that the US government, in the days of a fixed gold price, did intervene in a very direct manner with President F.D. Roosevelt  banning the “hoarding of gold coin, gold bullion, and gold certificates and thus forcing US citizens to sell to Federal Reserve at $20 an ounce. Subsequently the Fed raised the price of gold to $35 an ounce.

President Obama is known to be a Roosevelt disciple and he must be well aware of what was done at the time, given the parallels of the U.S economy between the present time and the 1930s.  There must be a temptation to try the same tactic, and then raise the gold price dramatically in a move which would certainly support reserves within those nations which still have major gold holdings.

Indeed, if monetary authorities worldwide sees the gold price really start to take off, this kind of process has to become even more of a temptation as a big global move into gold  could exacerbate the global financial crisis in that it would show that people no longer have faith in the economic status quo (it can be argued that already they dont) and the the current crisis of confidence could be severely worsened by such a rush.

In an article published late last year, Mark Mahaffey of Hinde Capital, argued that such a possibility existed and pointed out that the fear for anyone who is in credit is that the financial system could become geared towards negating debt which, in turn, would destroy the value of their assets. One way of bypassing this threat is to buy gold.  However a general shift to gold would undermine the power of central banks and their influence on the economy.

Of course the monetary situation nowadays is completely different and the banning of gold holdings, and subsequent revaluation would be much harder to accomplish domestically - and even more so globally.  Back in 1933 the dollar was on the gold standard which meant that, in theory at least, each dollar could be exchanged for the same value in gold.  Nowadays all currencies are effectively fiat money with no solid backing (except perhaps of a fiat dollar), and to revert to a gold standard would require an upward revaluation of the gold price beyond belief.

But, there is a precedent out there and while we think the idea is unlikely, it might appeal to someone who is prepared to try radical means to stabilise the economy if all other measures fail.

And - consider this thought - are shortages of gold coins from national mints due to a total underestimation of demand, or part of government policies to control gold flows into private hands.  We think the former, but the conspiracy theorists no doubt have other views.

http://www.mineweb.com/mineweb/

http://www.federaljack.com/2009/05/26/could-president-obama-ban-us-citizens-from-holding-gold/

obama-administration-for-100-billion

No comments:

Twitter

steetsblog.blogspot.com

    follow me on Twitter
    Blogo is a weblog editor for Mac OS X designed for speed and ease of use. Blogo is easy for beginners, but powerful enough for probloggers. Now with Twitter and Ping.fm support!

    auto pollution

    Social Bookmarking

    US Deaths in Iraq since March 20th, 2003

    Child - Global Warming vs. Poverty

    human right

    Trikes Bike

    My photo
    Denny Carr, MFA Photographer and Video Artist BIKE !!!! hase lepus trike (stroke-paralysis) age 61 eco-friendly no-car "I am a stroke survivor and deal daily with a speech disorder called Aphasia. This disorder is a result of my stroke in 2005. I am thankful God has given me the ability to express myself through my images and films." For more information, visit these websites: http://www.azimagery.com/

    you biked health active

    heaven = bike green

    usa earth=auto pollutants

    usa environmentally friendly ???

    usa environmentally friendly ???
    Walk, cycle, public transportation

    grand canyon

    grand canyon