Thoughts on Markets

Friday, September 16, 2011

Repeal the 17th Ammendment - Family Integrated Churches - Gold < 1800 - Buying Opportunity? - Miners - Currencies

 This may be a good buying time depending upon your present holdings, your available cash and your risk tolerance. Gold is very attractive to me below 1800, but I am not buying at present, because I am well stocked with the metal. However, the miners are under priced when compared with the prices of both gold and silver. The miners will rapidly increase in value when the actual gold rush begins and the leverage of the miners will have a great appeal to investors. 

Each correction drives out weak hands who have purchased the metals and miners at prices with which the are not comfortable. Also, those who are disappointed in seeing the prices drop while the general market moves up or down. Eventually, the miners will decouple from the general market and will take on a life of their own unless this historical precedence is to be broken which I greatly doubt.

I want to introduce you to integrated family churches. Sunday schools are of recent origin and have largely replaced the historic integrated family churches. Remember that even the Passover Feast of ancient Israel was a family affair during which time the worship included instruction of the children in the historic providential intervention by God through Moses which resulted in the Israelites were released from Egypt. By the way, this is, of course, a shadow or forecast of the true salvation which would come through Christ's death on the cross.

God's fundamental unit of society is the family. He instructs us in Ephesians Chapter 5 into Chapter 6 that the father/husband is the head, the wife is the help-meet, and the children are to obey the parents. This is the only God approved organizational structure for godly family. Then we find in Deuteronomy Chapter 6 the command for parents to instruct their children, as follows:

"And these words, which I command thee this day, shall be in thine heart:   And thou shalt teach them diligently unto thy children, and shalt talk of them when thou sittest in thine house, and when thou walkest by the way, and when thou liest down, and when thou risest up." Deu. 6:6,7.

This is God's way. The family integrated churches teach and urge families to stay together and to develop the God prescribed structure and authority within the family. Each family is encouraged to participate as a group in all activities of the gathering of the church for worship and fellowship. I have learned that this is very important concept which is in concert with God's word and is providing great benefits through the providence of God. Check out the website HERE for more complete information.

MineWeb:

India's gold ETF holdings swell threefold in August
Gold ETFs in India have seen inflows of over $4.21 billion in the current calendar year, with ETF assets swelling nearly three times in one month alone, from a year ago period. HERE.

Possible effects on gold of yet another major banking crisis
The severity of the latest crisis affecting European banks - and beginning to spread globally - is reminiscent of 2008 and could ultimately lead to a new role for gold in the global monetary system. HERE.

The impact of Asian demand and new investors on the gold market - Grant Williams
With a whole lot of new eyes looking at the gold market now, the metal doesn't always behave as it should but the expectation is still for a very good September. Hear the pod cast HERE.
VisiontoAmerica: 

Repeal the Seventeenth Amendment
An important assault on State’s rights was the Seventeenth Amendment. The product of the time when Populism and Progressivism were sweeping large sections of America, the Seventeenth Amendment jammed a wedge of pure democracy into the Constitution where it was never designed to belong. This upset the Constitutional checks-and-balances system, weakened State rights and power, and magnified the power of special interests in Washington.
In the original bicameral design of the Constitution, the Legislature was divided between a House and a Senate. Members of the House represent the people of the United States; these representatives are therefore elected in each state by popular vote. The Senate, today, is the same, but not originally so. It was originally designed not to represent the people, but to represent the States, and thus protect issues regarding State’s rights and powers. Thus, Senators were elected by the legislatures in each State. With this arrangement, each State had popular representation according to population in one house, and equal representation for the State itself in the other. This was and remains a serious assault on states rights, for which the South fought in the War of Northern Aggression. This and the growth of an out of control Federal Government after that war has been the source of many evils in our nation as we moved farther and farther from God's Law. This is a very important issue. However, I do not recommend clicking on the link to the full article as AVG Internet Security warned me of a viral attack from it. It was safe to use the link HERE.

Miners from Scottrade:
Currencies from KitCo:
Some Prices:DOW up 3.97 to 11439.72; S&P off 0.45 to 1208.63; NASDAQ up 1.60 to 2608.78; Gold up 8.40 to 1799.80; Siler up 0.47 to 40.38. The metals have taken on more life.

Best, Doug

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