SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (23894)10/11/2007 3:08:11 AM
From: Maurice Winn  Read Replies (1) | Respond to of 217645
 
TJ, please mark me down too!! But not as a supporter of any extant evil-doing government-issue fiat currency. Mq's Qi will reign supreme. In the interregnum, gold will assuredly reach $2000 an ounce and possibly $10,000 an ounce. But it will be a short-lived spree, as was the $800 apogee of 1980.

When Mq has set about attacking the Aztecs with Qi galore, their little golden totems will be a sad relic of a time gone by. Their chanting will come to a halt, their bare-bum dancing around the campfire of their fantasies, clutching their little talismen, will look like any long-disused superstitious tradition viewed from the modern era. Embarrassing at best.

A reasonable dollar reset would be 10:1 and possibly as little as 5:1. Perhaps in conjunction with a NAFTA swindle "Let's combine our currencies in an all singing and dancing wonderful new NAF$". Perhaps some other countries with monster US$ holdings will take part. Perhaps Japan will join in? Is it possible China would take part? The euro is locked in so none of them would join. India? Oz? NZ?

A LOT could be concealed by such a manouevre.

Mqurice



To: TobagoJack who wrote (23894)10/11/2007 8:09:50 AM
From: Ilaine  Read Replies (1) | Respond to of 217645
 
Well, if you want to quote the Bible as a source of financial/economic advice, you might take a look at what the Bible says about usery, and forgiveness of debt.

Forgiveness of debt:
Deuteronomy Chapter 15
1 At the end of every seven years thou shalt make a release.
2 And this is the manner of the release: every creditor shall release that which he hath lent unto his neighbor; he shall not exact it of his neighbor and his brother; because the LORD'S release hath been proclaimed.

Usery:
25 " If you lend money to any of My people who are poor among you, you shall not be like a moneylender to him; you shall not charge him interest.
26 "If you ever take your neighbor's garment as a pledge, you shall return it to him before the sun goes down.
27 "For that is his only covering, it is his garment for his skin. What will he sleep in? And it will be that when he cries to Me, I will hear, for I am gracious. (Exodus 22:25-27)
----------------

35 ' If one of your brethren becomes poor, and falls into poverty among you, then you shall help him, like a stranger or a sojourner, that he may live with you.
36 'Take no usury or interest from him; but fear your God, that your brother may live with you.
37 'You shall not lend him your money for usury, nor lend him your food at a profit. (Leviticus 25:35-37)
---------------

19 " You shall not charge interest to your brother -- interest on money or food or anything that is lent out at interest.
20 "To a foreigner you may charge interest, but to your brother you shall not charge interest, that the LORD your God may bless you in all to which you set your hand in the land which you are entering to possess. (Deuteronomy 23:19,20)
--------------

10 "I also, with my brethren and my servants, am lending them money and grain. Please, let us stop this usury!
11 "Restore now to them, even this day, their lands, their vineyards, their olive groves, and their houses, also a hundredth of the money and the grain, the new wine and the oil, that you have charged them." (Nehemiah 5:10,11)
-------------

5 He who does not put out his money at usury, Nor does he take a bribe against the innocent. He who does these things shall never be moved. (Psalm 15:5)
------------

13 If he has exacted usury Or taken increase -- Shall he then live? He shall not live! If he has done any of these abominations, He shall surely die; His blood shall be upon him. (Ezekiel 18:13)
---------

17 Who has withdrawn his hand from the poor And not received usury or increase, But has executed My judgments And walked in My statutes -- He shall not die for the iniquity of his father; He shall surely live! (Ezekiel 18:17)
--------

12 "In you they take bribes to shed blood; you take usury and increase; you have made profit from your neighbors by extortion, and have forgotten Me," says the Lord GOD. (Ezekiel 22:12)