MoneySense#28 Bitcoin or Big Con??(20 Dec 2017)

Did not realize my last piece was written at the start of the year. But instead of oil conspiracy, maybe good to close the year with the cryptocurrency conspiracy.
Has the North Koreans moved from printing better than original US$100 bills to mining and/or hacking bitcoins and the like?

The great transfer of wealth normally hits its pinnacle when the masses jump in.
But the order of transfer could be in reverse this round. The masses jumps in first, followed by the big elephants in the room, the institutions.

Stupid as it seems, I can sleep better with a bundle of real gold coins, than the virtual bitcoin.

Those who want to get rich fall into temptation and a trap and into many foolish and harmful desires that plunge people into ruin and destruction.

     1 Timothy 6:9

MoneySense#27 The coming oil conspiracy? (3 Jan 2017)

He who winks his eyes does so to devise perverse things; He who compresses his lips brings evil to pass.
      Proverbs 16:30

With the fresh new year, thought I will start with a wild thought, that is conspiratorial.
Putin does not wink, not with his cold Slavic killer eyes. But Trump, does he purse his lips?
Will Trump and Putin do a deal. Both nations are big oil exporters, a big shift for one net importer USA.
A war in Middle East will do nicely for the financials of both superpowers. What with the funding needs for Trumpś infrastructure rebuild for aging America, and the oil revenue dependent Russia.
And it will also kill off some of the Arab competition, if pipelines and oil fields are blown up inevitably in the wave of short but destructive war. And blow a hole in the budget of oil importing China as a bonus.

MoneySense#26 Gingerbread man ( 8 Dec 2016)

This evening I saw President elect Donald Trump on television, with Softbank founder, Masayoshi Son. Another public relations coup for Trump even as one questions the efficacy of some of his actions.

Yet investors seem to lap up every word of his, as evidenced by the runaway bullishness in the old economy part of the stockmarket.

Are we like the old story of the gingerbread man, who led a whole string of greedy and gullible humans and animals chasing after its tail? And the entire chase only ended when the gingerbread man was literally wolfed up by a real wolf.


For false messiahs and false prophets will appear and perform great signs and wonders to deceive, if possible, even the elect.
      Matthew 24:24

MoneySense#25 Trump the stump (15 Nov 2016)

What has been will be again, what has been done will be done again;
    there is nothing new under the sun.
          Ecclesiastes 1:9

Any change is better than the status quo. The financial markets at least in the States seem to grasp this straw of hope with its all, as the US equity market, at least the old economy stocks go on a positive uplift
Will and can President elect Donald Trump spend America out of her troubles? Or is he leading us into a bigger mire if rising bond yields and wobbly emerging markets are early troubling signs?

The world is increasingly willing to vote for those who speak what they want to hear. The populist vote.
But can hope turn into a new dawn just because of wistful thinking?

Stagflation, the terrible beast of the early 1980s is stirring, and Mr Trump could be the key that release this beast, that will bring the world into a double despair of deep recession and high inflation.
  

MoneySense#20 Great shakes (3 Sep 2016)

I will punish those who dwell in the land of Egypt, as I have punished Jerusalem, with the sword, with famine, and with pestilence 

Jeremiah 44:13

It is not ¨is Zika a pestilence?"But rather, what is happening to us the clinically clean Singapore?
Back in the days of SARS, when we together with Hong Kong were amongst the worst hit, a Thai friend figured that Bangkok with all its grime and bad air, has probably killed off the germs unlike green and clean Singapore. But then Hong Kong is not that clean!!

PM Lee is off to Hangzhou prayerfully to make our peace with Big Brother Xi, who is not too pleased with our stance on the ongoing drama in the South China Sea. The ominous dragon looms!!

And with the lack of moral courage by the perpetrators of our cascading local bond implosion, are we a society that is rich materially, but deteriorating morally?

But they did not listen or incline their ear to turn from their wickedness, to burn no incense to other gods.
        Jeremiah 44:5

Is it a gut feel or an impression from the indwelling Holy Spirit? That unless we realign our hearts to the value system of our founding fathers, where the needs of others come before self, the swoon in the values of the material assets that many of us cling on to, will be much more dramatic than was witnessed in the National Day Rally.

NOTE
Events since this sharing. China squeezing Singapore

http://www.todayonline.com/singapore/seizure-saf-armoured-vehicles-hk-began-chinese-law-enforcement-tip-factwire

MoneySense#19 Entrust (3 July 2016)

Post Brexit, the UK political landscape is less than pretty, with no clear leadership. A rudderless ship into an approaching storm. What about the rest of the world? Is our faith in the infallibility of the Central Bankers a misguided notion that will soon come to roost?

Not to long ago, Mr Alan Greenspan could do no wrong. He was worshiped as a demi-god, where his every word, and nuance was placed on the elevated pedestal of wisdom. Today, his claim that the sub-prime issues that brewed during his watch was not within his sniffles, much as his reach of influence and power then was much longer than his nose, made him look like a very sorry incapable human specimen.

David Cameron, Nick Farage, and now brash Boris all seemed to have skipped town, after the colossal mess they created in disunited UK.

Will our seemingly wise but in truth bankrupt of ideas developed countries Central Bankers scoot off as well should interest rates ever do a dramatic reversal up. and leave many gullible enough to believe that holding a 60 years bond at 0.1% pa interest rate was a sensible decision.

Proverbs 3:5-6New International Version (NIV)

5 Trust in the Lord with all your heart

    and lean not on your own understanding;

6 in all your ways submit to him,

    and he will make your paths straight.[a]

NOTE 

Events since this sharing

http://www.cnbc.com/2016/11/14/donald-trump-blew-up-the-bond-market-and-changed-everyones-view-of-interest-rates.html

  

MoneySense#18 Post Brexit (25 June 2016 )

Not too long ago, the leaders of the big 3 nations of Continental Europe came together to witness the celebratory ceremony for the opening of the Gotthard tunnel, the longest tunnel in the world.
A celebration of man over nature. Was it also a showcase of a  Europe that seeks to worship self? And a Satanic ritual is probably apt given the narcissism of the devil.

This same month, Brexit truly occurred, catching the world on the wrong side.
An act of self interest on the part of the Brits? Or rather very soon only the English?
The orderly world is falling apart at her seams, and it will be difficult on one's own wit to escape unscathed from the crumbling edifices, as selfishness rears her ugly head.

"When the world around us is crumbling, Christ is the solid Rock on which we stand."
( Our Daily Bread Sat Jun 25)


NOTE
Events since this sharing

http://fortune.com/2016/08/24/austria-italy-france-eu-exit/