3 Comments »

1. 

   Hello Trace,
   May you and your family have a blessed Christmas and a prosperous New Year. There is really abundant financial advice in the Scriptures. Is there a futures market today in myrrh or Frankincense? I’m already loaded up with Gold and pieces of silver. I guess platinum and palladium would be Biblical too? R.H.

   Comment by Roger H. — December 24, 2009 @ 9:28 pm

2. 

   Hello also Trace,

   Merry Christmas to You and your Family from a Reader of your
   Articles. I see only one other made a comment on this Christmas Eve. But I say I support every word you have to say about real Money. God just has to laugh at Man’s attempts to create something from nothing…that is a lie of Satan Himself. He wants to be God and Create but only God Can. And Man can add to God’s creation through only Honest weights and Measures. Fiat Money is nothing more than Fraud…it is that simple. Why can’t we all see this as Truth…well many answers to that…Welfare Etc.
   But Merry Christmas and Keep the Truth Marching forward in your articles. Most will not get it But there are some that will…they are who you write to. Also they will tell others…Take Care Trace.
   Silver and Gold ARE MONEY and will come to fruition again…I hope I am in good health to see it happen!! Bradley C. Beyer

   Comment by Bradley C. Beyer — December 25, 2009 @ 5:34 am

3. 

   You do not record at a high enough level, even with computer speakers turned to maximum it requires super concentration and no background noise to understand what is said.

   Good effort to TRY and tie the “Xmas story” into investing and the evils of excessive government.

   My take is a little different; professed bible believers are the biggest hypocrites of all because they do not PRACTICE what they profess to believe, i.e. LIVING BY the scriptures!

   1) When Israel demanded a king like the nations around them Samuel was told by the Creator that: “they have not rejected you but they have rejected me from ruling over them” and then followed all the things that would happen to them under a human King, virtually fulfilled in spades in our modern day.
   In other words societies problems can ALL be traced back to human nature (greed in particular) and REJECTION of the Creator’s laws in favour of human wisdom based on flawed foundations.

   2) The most important LAW the Creator gave his people is not to charge INTEREST, yet both Jews and Christians engage in spades, in other words the objective of the average person is to enslave their fellow man by accumulating enough capital to LEND and collect interest so they do not have to work.
   Only the Muslims have taken this prohibition against usury seriously, and no i am not Muslim and for those who would argue that there is a difference between charging interest and usury by defining usury as EXCESSIVE INTEREST, you have no biblical leg to stand on, there is no prescribed level of interest that is somehow okay.

   But people would argue that our economy could not function without interest and that owners of capital are ENTITLED to earn interest for the risk they take in making loans.

   Now we are getting to the crux of the problem, man has chosen a system focussed on GET instead of a system focussed on GIVE! The Creator has freely given us immense wealth (the natural resources of the earth, minerals, everything that grows, fresh pure water etc) that only requires that we ADD our own labor and ingenuity to EXPAND that wealth as a blessing to all humanity.

   The foundational problem came when greedy bankers in Babylon took note that merchants were in the habit of trading their gold receipts (for gold left with them for safe storage which was based on TRUST, confidence that the merchant really owned the gold specified by the receipt) and these merchants rarely removed their actual gold. This was the BEGINNING of paper money based on confidence in bankers, and later government that aligned with them in an evolving con game! This eventually led to issuing MORE RECEIPTS than the actual gold they held.

   Now for the record, the Bible DEMANDS “just weights and measures” and this applies to gold and silver, they are to be of a specific weight and are not to be “clipped” as corrupt kings in ancient times often did, neither were they to be debased with base metals, another common practice to this day, i.e. gold bars hollowed out and filled with tungsten recently in the news, wasn’t it Soloman, the wisest man who ever lived who said: “there is nothing new under the sun”?

   After many generations the International Bankers came up with the ultimate Ponzi scheme! They tricked politicians into giving them a MONOPOLY to create the nations money supply, of course as DEBT on which they would collect interest and indeed COMPOUND interest, the very DEBT PYRAMID that is now destroying the United States. This fraudulent unconstitutional boondoggle was named the Federal Reserve ACT of 1913, the biggest swindle that has ever taken place in human history.

   The U.S. Dollar as a direct result has over the ensuing years LOST approx. 97% of its purchasing power, while gold and silver (REAL MONEY) has with minor fluctuations (due to MANIPULATION by the bankers and politicians) maintained stable purchasing power.

   In BLUNT terms, the reason bankers and politicians (for the most part) HATE GOLD is because if pays no interest, in other words they can not steal from their fellow man or get re-elected based on promises they can only keep by taking from one class to give to a more favoured class or BORROW (by running deficits) putting us all ever deeper in DEBT to the International Bankers that OWN the Central Banks of each country.

   Here is how this scam works: By substituting paper money that only costs them the cost of printing, plus the miniscule amount of interest they pay on deposits they; (IB) in effect through the interest they collect on loans, GAIN a percentage of every individuals labor and every economic transaction in the entire world. Contrast this with labour, dangers and expense of finding, then digging gold and other precious metals out of the ground.

   It has been said that if you tell a big enough lie often enough, the masses will eventually come to believe it, and this has happened. Most people have been deluded by bankers into believing their lying propaganda that they make their money on the SPREAD between the interest they pay on deposits and what they collect at a higher rate on loans by loaning out 90% of their deposits and maintaining a 10% reserve in case some choose to withdraw their money, echoes of ancient Babylon!

   In REALITY, deposits appearing on the reserve ledger are LIABILITIES, the property of the depositor, the REAL TRUTH is that via the fraudulent (unconstitutional) Federal Reserve Act bankers are able to create out of thin air, 20x paper dollars of new money for every one they hold in reserves! This changes the picture dramatically, the SPREAD they allege is magnified 20 to 1 and through various means much more leverage than that is entirely possible for them to achieve.

   Remember the story of the frog put into a pot of tepid comfortable water and cooking to death because the heat was turned up so slowly there was NO ALARM? Well the same thing has happened to the masses who are not for the most part aware that 97% of their labor has been stolen plus having been sold into DEBT SLAVERY that neither their children or grandchildren will be able to pay off!

   Mathematically this is a reality for a reason that not one person in probably 10,000. understands!
   The foundational truth was actually stated by Graham Towers a Canadian Central Banker in 1939 before a parliamentary committee investigating banking practices as follows: “every bank loan is a new creation of money” (not someone else’s deposit of existing fiat money) and now the important part of his testimony; “and when it is paid back it ceases to exist” do you get the implications?

   Take a standardized 15-30 y mortgage at 5-6% as a model and it should be clear that if $200,000. was CREATED to grant the mortgage and add to the nations money supply, by the same token, over the ammortization period, DOUBLE or more circulating medium of exchange is REMOVED, the obvious conclusion, and PROOF of a Ponzi scheme, is that exponential numbers of new loans are needed to keep enough money in circulation to allow a growing and healthy economy as the bankers extract their interest.

   Now draw the logical conclusions from all this by asking some deep and penetrating questions:

   1) Why does the debt pyramid continue to expand at all levels public and private, from individuals to corporations to all levels of government?

   2) WHY is it that debts are mostly “rolled over” than actually being paid off, again at all levels?
   Governments certainly do that, so do corporations, and what about individuals? How many people do you know that borrowed against their equity in a house so they could either pay off other debt or live higher on the hog?

   The simple answer is because the INTEREST is never created by this iniquitous system of DEBT MONEY, the interest can only be paid by SOMEONE ELSE borrowing (going into debt and pledging collateral of goods of value previously paid for) to keep the system liquid.

   So what is the problem with that you ask; simply this eventually there is no viable collateral to loan against, or borrowers with the INCOME to be able to carry an increasing debt load. In other words the Federal Reserve system of Central Banking on a fractional reserve fiat money basis is FRAUD of the first magnitude that like ALL PYRAMIDS is bound to self destruct, and we are nearing the end game.

   Either our politicians and bankers are so close to the forest they can not see the trees and are so self deluded they can not figure out that the problem is STRUCTURAL and can not be fixed by their “tinkering” OR, they are so corrupt they will do ANYTHING, (martial law, ultimate dictatorship) to keep this Ponzi scheme going and maintain their privileged positions at taxpayers expense

   In my view, ANY of the powers that be that condone, sanction, support, defend, apologize for this corrupt banking system are collaborators in a Ponzi scheme that should get them the same treatment as Bernie Madoff, they should be stripped of all their ill-gotten gains to compensate the taxpayers, the REAL owners of the countries assets, and spend the rest of their lives in jail!

   Comment by Myron Martin — December 25, 2009 @ 11:17 pm

RSS feed for comments on this post. TrackBack URL

Leave a comment