Thoughts on Markets

Tuesday, December 01, 2009

Obey God & Educate Your Children - Gold Pushing 1200 & Silver 19

Folks,

The metals are swinging. Thankfully our God is in control of all and He is likely using the financial crisis to wake America and the rest of the world to their need for Him. I believe the judgment of God is being aimed primarily at America which was created by His providence and originally to be a city set on a hill to bring the great news of the gospel to a pagan world.

It is we, our churches, and governments which have turned our backs on our benefactor. Thus, the judgment is deserved by all of us as Covenant breakers. As we go into this new month of December and the new year of 2010, let is study God's word and beseech the Holy Spirit to give us and our children a Christian world and life view which will impact every area of our lives.

Remember that God has given the command for parents to teach their children the Scriptures. We must not pass this responsibility to others. It is ours alone. Others may be recruited to assist in special cases from time to time, but we must obey God in this or lose His blessing. We must not depend upon the government schools to do the job correctly. In fact, they are totally anti-Christian. Thus, if we allow our children to be in the government schools, we are sending them off to be educated without a Christian foundation which is necessary for all education. It is an act of apostasy to do so. Consider this very carefully. It is extremely important.

Both of our precious metals are on the move again and the miners are following.



Gold is on the move again after being hit rather hard yesterday. It did regain about half of yesterday's loss before the end of the day. It has hit another high over night.

Hecla Mining is showing the results of the recent increase in the price of silver. It is showing us a strong picture and I expect it to go higher this year.

Thanks to Casey's Research Daily for pointing this Nanotechnology Video - See it HERE.

This is an interesting look into the future, much of which is already with us today.Note that the audio is not up to par, but there are subtitles.

From Telegraph.co.uk:

Gold: precious metal breaks $1,200/oz to reach new high

A weaker dollar and concern over Iran's nuclear program has spurred gold to a new high of more than $1,200 an ounce. Read it HERE.

From ChinaMining.org:

China may beat India in gold consumption

China is showing an unending appetite for the yellow metal and its production is set to record a new high this year. Read it HERE.

From LewRockwell.com:

Ron Paul: The Fed Will Self Destruct When It Destroys the Dollar

See the CNBC interview Here.

Here are the miners from Scottrade streaming quotes:
Here are the currencies from Kitco.com:

Here are some of the present prices: BULM 0.80; BYDDF 9.45 (a nice upward move); DOW up 97.41 to 10441 (was much higher a bit earlier; Gold 1193.80, and Silver 18.82.

Best, Doug

0 Comments:

Post a Comment

<< Home