George Offerman
According to Ben Bernenke and company at the federal reserve, the economy is in recovery mode and things are looking up except for some ‘minor inflation’ due to all of the QE’s or whatever they are called. It is amazing how much BS can pass for the real state of affairs, and how many people want to drink this koolaid despite all of the clear evidence our financial house is collapsing. It is no wonder we are in so much trouble and cannot see the trees from the forest. As long as we continue to ignore the reality around us, we will continue to be as deluded as the clowns running the show (asylum).
Consider these few tidbits and see if this once great country’s economy is in ‘recovery”.
- According to government records, for the FIRST TIME IN U. S. HISTORY, a low of 66.8% of adult men are employed.
- Oil is at a sustained $100 + per barrel, and gas is at $4 + per gallon
- More than 40% of families are on food stamps.
- Food and staples are up 25% + year over year
- The annual budget deficit is projected to be 1.7 TRILLION for this year and no end in sight for further years.
- QE II is scheduled to end, and no new buyers for Treasuries are emerging. In fact, net selling by China and Japan are occurring, the number 1 & 2 buyers of these securities.
- Gold is up over 20% for the year, and silver is up a whopping 50%.
- McDonald’s had over a million people apply for 60,000 jobs.
- Housing continues to drop, with an estimated 3-4 million additional foreclosures for this year.
- Wal-mart announced declines in same store sales, and sees significant increases in prices for most consumable products.
- No COLA’s for seniors and others on fixed income and retirement incomes.
- Further eroding of the industrial base.
- Increases in taxes and bureaucratic red tape that retards any start up businesses and impedes existing small businesses.
- Blatant printing of new money to pay for ongoing deficits.
These are just a few examples of what is going on in our nation, and the band of idiots in the Nation’s Capitol want us to continue supporting and funding all of this nonsense. These people want to ride the U.S. Titanic to the bottom of the Atlantic, and want as many fools to join them on the ride. And unfortunately, many who may as well consider themselves Christian socialists (because they believe they have a God given right to the labors and fruits of others) will be sailing along for this one way ride to the bottom. We are following in the path of many great empires who stole from the productive to reward the non productive of society. Where there is too much time and entitled attitude there also rests debauchery and skullduggery, and it will not end until those who do the work demand their God given right to keep what is theirs.
Our nation is seeing economic collapse because it has violated too many of God’s laws, and it is the natural consequence of such actions. Whether one wants to call this judgment from God or simply a logical conclusion to a chain of events, the end result will still be the same. If one still does not want to see the very clear writing all over every wall visible, then God help him, or have pity on him for what is about to occur. It is not time to pretend everything is alright, or that things will get better on its own. It is time to make some serious and quick preparations while there is the ability to do so.
Recovery for this country (within the current system) is as likely as someone stepping off a high building, and floating in the air like Wile E. Coyote does in the cartoons. This current system is dying right before us, and we ought to be doing everything in our power to do something for ourselves, family and community as best as our abilities allow. Given the government and the churches are doing nothing to prepare anyone, it is imperative we take matters into our own hands and get the word out and get the preparations well on their way.
The good news in this is, those best prepared will survive, and possibly thrive, and will have the possibility of rebuilding a community, region or nation much stronger and God fearing than the one ready to pass onto the ash heap of history. That is what God wants more than anything. It requires people brave enough to see what is going on, and to then ACT ON THIS INFORMATION. Playtime is over. This big league game has started and the enemy is in position on the playing field. We need to get out there and whoop up on these evil sociopaths.
Showing posts with label inflation. Show all posts
Showing posts with label inflation. Show all posts
Monday, May 2, 2011
Friday, October 8, 2010
WHY GOD'S MONEY IS GOING TO WIN OUT IN THE END
George Offerman
There are those who have yet to ‘get it’ about the times and situations we are living in, and want to continue to put faith in the fiat currency that is used world wide. Never in the history of the world has every nation used paper money and not God’s money, and this is the ultimate set up for the largest opportunity in world history to transfer wealth to those who understand and obey the Word of God. No matter how much one studies the Bible; they will NEVER find any of God’s references to money as being paper script. God’s references about money are ALWAYS GOLD AND SILVER.
For one to grasp the ‘dollar amount’ I am going to give silver at the end of this posting, they first must make a paradigm shift in their head. This is similar to an adult learning a second language: they want to convert the new language to their native language in their head, and thus, it takes much longer than a child, who ‘rolls with the punches’ and is babbling fluently in a new language in about 2 weeks. So I will be referring to silver by the ounce, not by denomination like we are used to. But before that, there needs to be an understanding of what money is.
Money’s primary purpose is as a medium of exchange, in which it can be used to buy or exchange one item for another between two individuals who agree on the value of the items. Money must be divisible, durable, portable, limited in supply, a stable unit of account and fungible, and mostly a stable medium of storage over time. If we look at modern currency, it has some of these elements, but it fails in the most important aspects that it is unlimited through printing and as a result inflation is killing its ability to be a stable medium of storage for wealth over time. For all practical purposes, a $100 note is no different than a $1 note, and these pieces of paper do not have any intrinsic value. By printing more of these ‘notes’, the notes in circulation become worth less, and it is this hidden tax, called inflation, that ultimately causes the problems we are experiencing at this time.
Gold and silver, however, are very limited and have great intrinsic value. These precious metals must be discovered, mined, refined and minted before they can be circulated, and this is a process that involved a great deal of labor. An FRN $100 face value is created for $.04 and is limited only by the number of trees that can be cut down and processed into paper. When money is limited, there is no inflation, and the greatest aspect of money, holding its value to be passed on, is left intact. If one were to bury 100 oz of silver coins, and a $100 FRN, and these were dug up in 100 years, the silver would minimally have maintained its value, while the $100 FRN would end up in a museum as an ‘artifact’. There can be no comparison in a material that is rare and takes a great deal of effort to obtain, versus something that can be printed at will, and have zeros added to it by proclamation. There is no question we are at a turning point in our economic history and if one wants to have any chance of surviving intact, they’d better look at God’s money as part of the solution.
Why are the precious metals going up now? Because people around the world, no matter what religion, political affiliation or level of education know that gold and silver are money, and understand it is the safest place to be when all other forms of money fail. This was instilled by God, and all of the ‘sophisticated thinking’ will never drive this out of man. Good luck to the incompetent, inbred idiots known as the money powers, as they try to force their toilet paper down the throats of the people. Too many have woken up to the fact that this multi colored monopoly paper is worthless, and have been exchanging it for the real thing, and causing a shortage in the metals. Good luck holding the price down, you idiots.
Now, to the piece in this posting most want to see. I have long held these prices in my head, and have told a few people privately where I think the prices should be, and where they may possibly go. To fully understand the quotes I will soon give, will require a paradigm shift. One must think of money as a tangible asset, mainly coinage, and that it is the coinage in exchange for goods that is the main engine of commerce. To try to convert this into dollars all of the time will result in headaches, but also numbers so large that they will seem to be out of reality as we know it. The prices I will be quoting are coming from simple math equations and historical and Biblical data.
Where should the price be today? History shows that for much of the existence of our country, good daily wages for skilled labor was 1 ounce of silver (1 dollar). If we look at today’s average wage (source: U.S. Department of Labor) we come out with two numbers. The median income in America, including all part time and seasonal workers comes out to $16.27 per hour or $130.20 per 8 hour day. Excluding part time and seasonal, this increases to $20.20 per hour or $161.60 per 8 hour day. If we look at the nominal high of silver in 1980 at $50, and consider the real rate of inflation using John Williams www.shadowstats.com site, we come up with $178.00. So, starting with the most conservative of these numbers (and remember 1 oz of silver per day was for skilled labor) we come up with a minimal price per ounce in 2010 dollars of $130.20, to a maximum of $178.00 for inflation adjusted prices.
If those numbers are eye popping, these will truly get your attention. If we go by much of the world history, and Biblical times, the average pay per day was a denarius, which most historians and Biblical scholars agree was about a tenth of an ounce of silver. We also know from Revelation that a day’s wages again will be a denarius. So, we know that in the past, and in the future a day’s wages stayed the same. If one ponders this, it shows: 0% inflation!!!!!! That is truly in the realm of what God expects and what ought to be the way thing are now.
So using these numbers, we then multiply all of the above numbers by 10, to come up with a range between $1302.00 and $1780.00 per ounce. And this is in 2010 dollars. Considering that most ‘hot commodities’ enter what is called a bubble, and the most recent bubbles have ‘overshot’ the real values (such as homes 3-4 years ago) we can multiply these numbers by 2-3, or come up with a range between $2604.00- $3906.00 on the low range to $3560.00 - $5340.00 on the high range. One needs to study the history of money, and precious metals to begin to understand the potential in them. The price of precious metals will continue to rise because they are undervalued and are being attacked from all angles by the money powers.
The ultimate reason the precious metals will rise to unbelievable heights is because God, the creator of all things, has mandated it. The incompetent, inbred idiots know as the money powers cannot mock God, and ‘trash’ his money without severe consequences. These idiots soon will pay this price, and those smart enough to get on this train are going for a ride of a lifetime.
*special thanks to Ted Butler, Jason Hommel, David Morgan and Jim Willie for the great education
There are those who have yet to ‘get it’ about the times and situations we are living in, and want to continue to put faith in the fiat currency that is used world wide. Never in the history of the world has every nation used paper money and not God’s money, and this is the ultimate set up for the largest opportunity in world history to transfer wealth to those who understand and obey the Word of God. No matter how much one studies the Bible; they will NEVER find any of God’s references to money as being paper script. God’s references about money are ALWAYS GOLD AND SILVER.
For one to grasp the ‘dollar amount’ I am going to give silver at the end of this posting, they first must make a paradigm shift in their head. This is similar to an adult learning a second language: they want to convert the new language to their native language in their head, and thus, it takes much longer than a child, who ‘rolls with the punches’ and is babbling fluently in a new language in about 2 weeks. So I will be referring to silver by the ounce, not by denomination like we are used to. But before that, there needs to be an understanding of what money is.
Money’s primary purpose is as a medium of exchange, in which it can be used to buy or exchange one item for another between two individuals who agree on the value of the items. Money must be divisible, durable, portable, limited in supply, a stable unit of account and fungible, and mostly a stable medium of storage over time. If we look at modern currency, it has some of these elements, but it fails in the most important aspects that it is unlimited through printing and as a result inflation is killing its ability to be a stable medium of storage for wealth over time. For all practical purposes, a $100 note is no different than a $1 note, and these pieces of paper do not have any intrinsic value. By printing more of these ‘notes’, the notes in circulation become worth less, and it is this hidden tax, called inflation, that ultimately causes the problems we are experiencing at this time.
Gold and silver, however, are very limited and have great intrinsic value. These precious metals must be discovered, mined, refined and minted before they can be circulated, and this is a process that involved a great deal of labor. An FRN $100 face value is created for $.04 and is limited only by the number of trees that can be cut down and processed into paper. When money is limited, there is no inflation, and the greatest aspect of money, holding its value to be passed on, is left intact. If one were to bury 100 oz of silver coins, and a $100 FRN, and these were dug up in 100 years, the silver would minimally have maintained its value, while the $100 FRN would end up in a museum as an ‘artifact’. There can be no comparison in a material that is rare and takes a great deal of effort to obtain, versus something that can be printed at will, and have zeros added to it by proclamation. There is no question we are at a turning point in our economic history and if one wants to have any chance of surviving intact, they’d better look at God’s money as part of the solution.
Why are the precious metals going up now? Because people around the world, no matter what religion, political affiliation or level of education know that gold and silver are money, and understand it is the safest place to be when all other forms of money fail. This was instilled by God, and all of the ‘sophisticated thinking’ will never drive this out of man. Good luck to the incompetent, inbred idiots known as the money powers, as they try to force their toilet paper down the throats of the people. Too many have woken up to the fact that this multi colored monopoly paper is worthless, and have been exchanging it for the real thing, and causing a shortage in the metals. Good luck holding the price down, you idiots.
Now, to the piece in this posting most want to see. I have long held these prices in my head, and have told a few people privately where I think the prices should be, and where they may possibly go. To fully understand the quotes I will soon give, will require a paradigm shift. One must think of money as a tangible asset, mainly coinage, and that it is the coinage in exchange for goods that is the main engine of commerce. To try to convert this into dollars all of the time will result in headaches, but also numbers so large that they will seem to be out of reality as we know it. The prices I will be quoting are coming from simple math equations and historical and Biblical data.
Where should the price be today? History shows that for much of the existence of our country, good daily wages for skilled labor was 1 ounce of silver (1 dollar). If we look at today’s average wage (source: U.S. Department of Labor) we come out with two numbers. The median income in America, including all part time and seasonal workers comes out to $16.27 per hour or $130.20 per 8 hour day. Excluding part time and seasonal, this increases to $20.20 per hour or $161.60 per 8 hour day. If we look at the nominal high of silver in 1980 at $50, and consider the real rate of inflation using John Williams www.shadowstats.com site, we come up with $178.00. So, starting with the most conservative of these numbers (and remember 1 oz of silver per day was for skilled labor) we come up with a minimal price per ounce in 2010 dollars of $130.20, to a maximum of $178.00 for inflation adjusted prices.
If those numbers are eye popping, these will truly get your attention. If we go by much of the world history, and Biblical times, the average pay per day was a denarius, which most historians and Biblical scholars agree was about a tenth of an ounce of silver. We also know from Revelation that a day’s wages again will be a denarius. So, we know that in the past, and in the future a day’s wages stayed the same. If one ponders this, it shows: 0% inflation!!!!!! That is truly in the realm of what God expects and what ought to be the way thing are now.
So using these numbers, we then multiply all of the above numbers by 10, to come up with a range between $1302.00 and $1780.00 per ounce. And this is in 2010 dollars. Considering that most ‘hot commodities’ enter what is called a bubble, and the most recent bubbles have ‘overshot’ the real values (such as homes 3-4 years ago) we can multiply these numbers by 2-3, or come up with a range between $2604.00- $3906.00 on the low range to $3560.00 - $5340.00 on the high range. One needs to study the history of money, and precious metals to begin to understand the potential in them. The price of precious metals will continue to rise because they are undervalued and are being attacked from all angles by the money powers.
The ultimate reason the precious metals will rise to unbelievable heights is because God, the creator of all things, has mandated it. The incompetent, inbred idiots know as the money powers cannot mock God, and ‘trash’ his money without severe consequences. These idiots soon will pay this price, and those smart enough to get on this train are going for a ride of a lifetime.
*special thanks to Ted Butler, Jason Hommel, David Morgan and Jim Willie for the great education
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