barrykind
Advanced Member
Member # 35
|
posted
Sent to me by Jim...What do yall think?? Barry
Dear Friends -
Brother Scott is a man of God whom I greatly respect. I have watched him give the right courageous leadership making the right and tough decisions according to the word of God that very few have been able to do in times such as these. I trust his summary recommendations and directions that he gives here, and want to share them with you. It probably could not be expressed much better.
Here is the link to the article which Brother Scott references - http://www.counterpunch.org/whitney09182007.html
Brother Scott writes:
Hello, family and respected friends,
The article (link given above) is just one of perhaps twenty-five that I could provide you that all say the same thing — very serious money issues are coming to America — much more serious than what we've seen in these last 60 days. Many of the statements this writer quotes are from reliable financial news commentaries that I had already read.
Perhaps someone you know is having trouble making their mortgage payments these days like so many other Americans. You may or may not understand much of what the article says, but it spells out looming big trouble for the US and the rest of the world's economies. All the indications are now building to suggest a financial tsunami is ahead.
I have recommended for more than 8 years that everyone should include at least some gold and silver metals (coins, bullion, then perhaps g&s mining stocks) in your IRAs, and other retirement or non- retirement investments, and some safe at home. This article points out that gold was at $273 when Bush II took office—it opened today at $735. That is a 270% increase in value. Silver is doing similarly. These are not signs of wealth or health in economics! Oil was at $22 a barrel then and now over $82, that is a 373% increase. Are your IRAs and 401Ks doing as well — I don't think so.
I have some recommendations for you to seriously, SERIOUSLY, consider taking up this month:
1. Remove all belongings from your bank safe deposit boxes (Homeland Security now has the authority to rifle through your box and remove all gold and silver it finds—no claim made by you in 90 days? It's theirs!). If bank "runs" come to America, as they are now doing in England at Northern Rock, the banks will declare a "banking holiday" and lock the doors — no access to your money or your safe deposit boxes!
2. Consider spending down any excesses in your bank accounts (checking, savings, money markets) and look for ways to protect any money that is in jeopardy (there is danger presently in stocks, certain bonds, and many mutual funds, and even some 401Ks). Your investment broker or retirement counselor will not tell you this — he's paid not to, nor does he want to be quoted otherwise! Pay off some credit cards? Pay your mortgage ahead? Pay off the car? Send a healthy offering to your favorite Christian worker [who better to invest in but God's man or woman]? Better a paid off asset or treasure in Heaven than debt against your assets AND no money to make the payments. And no, the stock market is not smart! Gold and silver, although much more expensive now, are the only real forms of money and have been for thousands of years. If you can get away with it, only put enough money in your checking to pay bills with and keep excess cash at home (at least until this threat is passed—if it does).
3. If you can do it safely, keep some significant cash and coin at home or in some other very safe place in the event the markets crash. Why? When that happens, you will not be able to write a check, charge your card, or just "sign for it." Cash (especially gold and silver coin) will be king again.
4. Avoid debt now at all costs! "The borrower is servant to the lender," so says the Word of God.
5. [Oh, you'll love this] Have several weeks worth of food and water and meds put away—I don't think any of us are old enough to remember what the Great Depression caused to our great-grandfather and mothers but it involved poverty and hunger…a perfect storm of financial chaos and collapse is developing.
Ezekiel 33 says the man that knows must tell others or the blood is on his hands (as a prophet). I am not prophet but do have 30 years in finance and banking. If this is a run-up that loses destructive strength and corrects itself — "better safe than sorry." If it leads to things worse, I will not be caught unaware, and now, nor will you. Take my thoughts or leave them — it is your decision, of course.
With our love, Scott with Gail ---------
Here is another confirming article which brother Hal forwarded that would worth the time for you to read as well: http://www.financialsense.com/stormwatch/geo/pastanalysis/2007/0921.html
Pray for the Peace of Jerusalem. Pray Psalm 83 every day. Only be very strong and of good courage. Stay IN the Word.
From Chittim, Isa 23:1,
Shalom & Simcha, Jim Searcy
PLEASE NOTE – The jsearcy2001@ yahoo.com email DOES NOT WORK. If you want to reply to this or send any message for Jim to be able to see please use either elijah77@logosnet. cy.net or elijah77@gmail. com Those two emails do not get auto deleted.
-------------------- The HEART of the issue is truly the issue of the HEART! John 3:3;Mark 8:34-38;James 1:27
Posts: 3529 | From: Orange, Texas | Registered: Jun 2002
| IP: Logged |
|