What is the world's
economic condition today
and what does it mean
for our future?
Many Bible prophecy scholars believe that Revelations 13:16-17
warns of a one world economy, including a merging of currencies. This is
in fulfillment today as evidenced in Europe with the "Euro dollar" becoming
mandated slowly into European counties.
At the close of W.W.II America had 65% of the mined gold reserves in
the world and by 1949 our percent grew to 70%. Then on July 1, 1944 a "Creative
Gold Exchange" program came into existence from a Conference in New Hampshire.
From this conference came three previously nonexistent structures that
would change everything.
The worlds first International Monetary Fund.
The worlds first International Bank for reconstruction and development.
The worlds first paper currency that would be viewed as the only reserve
behind the other paper currencies of the world.
This new, creative gold exchange was expected to be an instant confidence
in "real" money by establishing the security of gold worldwide. At first
this worked very well and the market place thrived. But there were some
big problems, other than the fact that we did not return to the gold standard
our Founding Fathers established; The Gold Standard requires no increase
in the supply of money until you get more gold!Paper notes must be convertible
into gold or silver on demand of the holder.Once the ratio of paper to
gold is established it cannot be changed.
In 1958 Charles DeGaulle of France sounded an alarm and France started
cashing in paper for gold. Soon, other nations followed France and gave
us back millions of Dollars we had "loaned" them in exchange for gold at
$35.00 and ounce. We got nothing for our gold
except our own valueless paper. By August 15th, 1971, when
Richard Nixon took action to close the gold window, 58% of our U.S. gold
supply was gone.
The world governments are telling us that gold has become obsolete,
a relic of the past, yet in the 4th Quarter of 1998 global gold demand
was the highest on record, and, the world's largest investors are presently
taking major positions in gold and silver coins.
The government continues to tell us to buy stocks even as the DOW is
at its all time high and many stocks are at over 90 times its earnings.
But, outside of the high tech and internet stocks, the market is down 25-40%
from its highs and 85% of stocks are declining.
I would recommend reading; "The Making
of America" which you can get on Amazon.
book by W. Cleon Skousen, gives an excellent education on money
and the Constitution.
"'Now, I, the Lord, am not well pleased with the inhabitants
of Zion, for there are idlers among them; and their children are also growing
up in wickedness; they also seek not earnestly the riches of eternity,
but their eyes are full of greediness. 'These things ought not to
be, and must be done away from among them,' (D&C 68:31-32). We see
evidence of many parents who overindulge their children without adding
sufficient training about the value of work." L.
"I went on a diet for
two weeks and all
I lost was 14 days"
"He who understands
interest collects it;
He who doesn't under-
stand interest, pays it!"
"Where you will be five years
will depend on the books
what you listen to and
you associate with"
We must find
answers to these
Where did I come from?
Why am I here? and
Where am I going
after this life?
..A Parent's role
0-5 = Director
- Controls all
5-8 = Manager
- Arranges things
8-14 = Guide Coach
- Shows how
14-19 = Advisor
- Offers suggestions
19+ = Consultant
Responds to requests
"One man awake, awakens another.
his next door brother.
The three awake can rouse a town,
the whole place
The many awake can make such a fuss,
awakens the rest of us.
One man up with dawn in his eyes,
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