Week of Oct.18 – Jesus and The Money Changers. The money changers were thrown out of the Temple because they had created an impediment to the common people being able to acquire the animals they needed to bring for sacrifice and worship of Jehovah God. Our money changers arrived on the scene in this country with the introduction of the Federal Reserve in the early part of the 20th century. Using the Bible for clues to the preservation and accumulation of wealth, we note Gold. Silver, Cattle and Land. By a subtle sleight of hand, The Fed has managed to trick the country into accepting notes-for-money as a substitute for money. Prior to this deception, our money had been gold and silver coin, as required by the Constitution. By inculcating our federal judiciary into a priesthood that would perpetuate their deception, the Feds had accomplished a coup d’etat.
Now, with this gradual deterioration of our currency came the opportunity for the money changers to gradually divest us of the fruit of our labor, as accurately predicted by one of our Founding Fathers. This gradual destruction would not be noted by the naïve sheep that make up the country, whose only desire was to peacefully work and acquire the baubles of our materialism. But now, I see a new phase of their plan, which I call “controlled chaos”. I see their new plan creating widespread uncertainty in the manipulation of our currency. I expect, with this new crisis on the foreclosure front, plus the uncertainty in the area of taxation and monetary policy due to the new regime in Washington (they’re in the Fed’s back pocket), that the markets will be flying in all sorts of directions.
What’s a trader supposed to do? As we have said in the past, we must use ever opportunity to convert out of these depreciating notes into store of value material, whether it be gold or silver, land (they’re not making any, anymore – never mind that the land may appear to be falling in value in terms of their depreciating currency), food (we are never more than a few months from a famine), survival tools (guns, ammo, water). Our job, as traders, is to take advantage of their foolishness and wrest every last so-called “dollar” out of their hands and then convert this depreciating “quasi” money into store of value. And the best store of value is the kind you hold in your hand, not in some storehouse hundreds of miles away.
We see the stock market crash still coming, and their strategy seems to be – lean on somebody to bail them out (last time it was the BOJ). But eventually all their attempts at manipulation will fail. This last week we saw TBT turn, and we foresee interest rates going to levels not seem since the great inflation of “79-81.
