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Pastimes : JESUS and FINANCIAL FREEDOM -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (1047)9/7/1998 10:31:00 AM
From: gregor  Respond to of 1283
 
My good friend: may I correct one small thing in your statement.

>>>>>>God will provide everything we need. He always has. The only debt we owe is to Him. God bless you and keep you.<<<<<

The devil HAD clear title to our souls. Christ redeemed or bought us back from the devil but Christ freely gave His life as he died on the cross. That is one debt God will never hold us accountable for. Whatever we give back to God we also give back freely. Not out of a sense of obligation or debt but out of a sense of love and devotion. Whatever God gives He gives freely. He gives eternally. He is not stingy, there are no strings attached, and He does not demand like payment or like or equal exchange in return.

The mere idea of eternity with the Lord, no labors ( rightfully said on this Labor Day ), no tears, no struggles, no jobs, no work, is going to be very foreign to us, everything provided for us, is going to be very foreign to us but with the Lord's help I am sure He will help me to make the adjustment.

In Christ.gregor



To: yard_man who wrote (1047)9/28/1998 10:57:00 AM
From: gregor  Read Replies (1) | Respond to of 1283
 
Hi Barry:

The collapse of Long Term Capital Management brings several things to mind. The bible says that the wealth of the wicked has been stored up fot the righteous. The day has come I believe where turmoil will be prevalent in the markets. These are the last days and the same old equations are not going to work. The Harvard scholars, the intellectuals are all going to be confounded by the wisdom of the common folk. LTCM is just one example. I understand they shorted gold and are being bailed out by the big banks in hopes of depressing gold prices enabling them to cover short positions. This IMO will never happen. If they do not cover losses now they are going to be hit with bigger and bigger losses having reached a secular bottom in the yellowish mineral.

I know you have big positions in mining stocks. God forbid if I am telling you wrong but stay the course. I told a friend of mine to buy ABX this past summer he did so at 15 1/2 it went into the 12's but now he is sitting on a nice profit.

The markets are fraught with danger but there are plenty of good investments that the Lord will lead us into. I'm waiting patiently to see a nice bottom formed in the ^RUT; There will be a lot of tax loss selling between now and the end of the year in this sector but the potential is great for a Dec Jan rebound. Fidelities Emerging Growth and Vanguards Explorer are two good funds to play this sector.

God bless you in abundance and your family. In Christ.gregor