116 posts categorized "Emuna News"

Harry Dent: The Bubble Will Burst

Best-selling author and financial analyst Harry Dent agrees with everything we've said here on the Beams in recent weeks about Wall Street. If you're not out of the stock market already, take advantage of the temporary rally and liquidate while you still can. See for yourself:

 


Geula and Finance: Best Advice for Investors

Broker and Gold
The world stock markets continue to tumble and people are looking for "safe" havens for investment. Who can they trust for advice?

At the time of this writing, Wall Street seems to be rallying. Loads of financial correspondents are calming the American public, "Don't panic - stay in the market; everything will be OK!"

Do the big investment bankers believe that everything will be OK on Wall Street? If so, why are they all hoarding gold as fast as they can?

According to securities attorney Avery Goodman, Goldman Sachs and HSBC took major positions in  physical-hold-in-your-hand gold last week, while continuing to recommend against buying gold to their clients! The gold bars were not purchased for bank clients. They were  purchased for the banks themselves. How do we know this? They are  designated by the exchange as being for delivery to the bank’s “house”  accounts at COMEX, not to client accounts.

As of August 6, before the stock-market bubble began its nose-dive, Goldman Sachs (NYSE:GS) and HSBC (NYSE:HSBC) took delivery of a sum total of 7.1 tons of physical gold. Goodman writes, "No, I have not made any typographical errors. And no, I am not talking about electronic paper claims. I am talking about shiny yellow metal stuff that you can touch and feel."

Many people had a fit when a gave a straightforward spiritual analysis of where the market is going, both major investment banks Goldman Sachs and HSBC seem to be listening to what I wrote 9 weeks ago.

The conclusion one might make is not to do what your broker says, do what he does.

A better conclusion is not to listen to your broker at all; listen to your spiritual guide. If you don't have one, then search for one. Pick a spiritual guide who totally walks the walk and not simply talks the talk.

So what do you do with your money? Don't invest in the USDollar or in the Euro, for they are simply printed currency with no backing. Gold - solid gold - is better.

Yet, better than solid gold is real estate in Israel. The best is to buy yourself a flat (apartment in our local jargon) in Israel, make aliya and come live here. Hashem is creating all the difficulties around the world to bring His beloved children home to Israel when they wouldn't get up and do it on their own, so that they won't hold up the Geula process.

The historical pattern of financial difficulties is always followed by blaming the Jews. Don't wait for that to happen. Come home now, cherished brothers and sisters.

A tip of the kipa to Dr. Harry Hamburger for his contribution to today's post 


More Market Meltdown

 

Black monday

Above image, Chinese stock-market board this morning, courtesy Rolex Dela Pena/EPA via Washington Post

The Chinese stock market opened this morning and took an immediate 9% dive, as investor's panicked to dump their holdings, especially the speculative stocks. Alarm bells rang and the market closed down to prevent further plunge.

"Everything will come back," one senior financial analyst told me. "This is only correction mode." "Correction" is a negative compensative movement of at least a 10% drop in a stock, bond, commodity or index to adjust for an overvaluation. When the price gets low enough, buyers come in to pick up the stocks at bargain prices and the market comes back. But, on a recession or meltdown, the market doesn't come back so quickly. We therefore respectfully disagree with our analyst friend - the market is in meltdown mode, not correction mode.

Worst hit are the oil-rich countries - Iran and the Arab world. Last year, they were getting $100/barrel for crude. Now, they're getting only $40, with prices on the drop and yet to stabilize. They'll still purchase weapons, but they'll let their populations starve and then blame Israel and the Jews of course.

If all the above is not yet stimulating all of us to teshuva, then we should have an emergency EKG to check whether our heart's are composed of stone or not. Hashem's light is only getting brighter and brighter by the day; emuna makes us worthy spiritual receptacles of that light, which either heals the worthy or scathes the unworthy.

Update, breaking news, 6:30 PM Israel, 11:30 AM EDT - Wall Street Drops Sharply


Moshiach's ETA

ETA

The Geula is surely gaining momentum.

Two months ago, I urged people to get out of Wall Street. Many scoffed and said that the market has never been better...

This week, world stocks had their worst week of the year. Dow-Jones fell 358 points and the US stock market tumbled across the board more than 2%. US oil is at its worst in 29 years, with supply accumulating and no one to buy.

Meanwhile, North and South Korea are on war footing. Russia and the Ukraine are on the verge of war, something that could ignite all of Europe.

Amazingly, other than Reuters, the mainstream US media has totally ignored yesterday's Wall-Street crisis. Is this the Nero syndrome, fiddle while Rome is burning?

Moshiach has an ETA - not estimated time of arrival, but Emuna, Teshuva, and Aliya. We can all strengthen ourselves in the first two; if you can't make aliya now, at least help spread emuna wherever you are. With ETA, we'll all greet Moshiach with big smiles on our faces, soon, amen!


Breaking News: IDF Attacking in Syria

Galil fire from rocket 20 Aug

After four rockets from Syria landed in the Golan and Galilee, causing fires (image above) but no casualties, thank G-d, the IDF is now conducting airstrikes in Syria. It's yet unclear who exactly fired the rockets, but Israeli defense sources believe that the rockets were fired by the Islamic Jihad terrorist organization, funded and directed by Iran. The south of Israel is also under missile alert, and an anti-missile battery has been redeployed in Ashdod. Let's pray that things calm down, for the whole area is one big powder keg.

Meanwhile, Emuna Outreach has been visiting IDF units in the Gaza area. We'll soon share details, G-d willing, but nothing strengthens the IDF like strengthening the soldiers' emuna. At this critical time, you can participate in this unbelievably important mitzvah - Donate to Emuna Outreach, and help us get the job done!


Geula and The Sellout: It's Official

Cat guarding the Cream
Like we say in Hebrew, the cat will now be allowed to guard the cream...

Two weeks ago, when we showed you US Senator Tom Cotton grilling Secretary of State Kerry about the UN IAEA's secret side agreement with Iran, we wrote that the US Administration was hiding vital information from its citizens. Today, details of the agreement have become public knowledge. Iran will be allowed to police its own Parchin site, the center of her nuclear weapons development. As we have stated here numerous times, Iran already has nuclear weapons capability.

One of the major preconditions of Geula - the full redemption of our people, the ingathering of the exiles, the coming of Moshiach and the rebuilding of our Holy Temple in Jerusalem - is that Israel will stand alone. This means that Israel's so-called friends will sell her down the river. Whether or not the USA backs Israel is meaningless to those of us who are fortunate to trust in Hashem rather than in any wobbly reed. Soon, the USA won't be able to help itself, much less anyone else. Yet, today the US Administration's sellout of Israel is official. Looking at current affairs through eyes of emuna, we should all be delighted, for this is one additional quantum leap toward Geula and the type of world we dream of. 


China's Currency Devaluation and Geula

Chinese currency devaluation
Last week, China devalued its currency by 4.4%. Someone in Kansas City or Seattle may ask, "What do I care?" Dear friend, if you or someone you care about loses his or her job and livelihood, you'll care...

A 4.4% devaluation means that Chinese goods in America become cheaper, yet American goods in China become more expensive and less competitive. As a result, American manufactures will sell less or be forced to cut prices and therefore profitability. The immediate result is that the US trade deficit will be worsened by $19 billion, 190,ooo American jobs will be lost, and America's productivity (GDP) will be reduced by 0.14%. This is immediate.

The Chinese are clever and cunning; they are saving their own economy at the expense of the USA. The ruthless game of currency manipulation could continue, for some analysts forecast devaluation of the Chinese yuan reaching 15%, which means then it will reduce U.S. GDP by 0.48 percent ($99 billion), increasing the trade deficit by $66 billion and eliminating 640,000 U.S. jobs.

Do you realize what all this means to corporate profits and Wall Street? What's more, this scenario is unraveling right before the end of Shmitta year. What does this all mean?

Some people say that the USA is so angry at China, that a covert war  has started. The mega-explosion in Tianjin happened right after China devalued the yuan. An old CIA expression says that there's no such thing as coincidence. Did the USA sabotage Tianjin? Many say yes.

At any rate, two months ago, we warned about an impending economic disaster in the USA. This is all part of the Geula script, where Hashem wants us to put our trust in Him and not in the dollar.

What's the message here, and particularly in Elul? Hashem wants us to realize that our income and our jobs are all wobbly reeds that we can't lean on. He wants us to put all of our trust in Him.

What's more, who gets blamed for everyone of history's economic crises? You know the answer. Hashem wants us all to come home; He wants to put an end to Diaspora and exile, so let's not hold up the show.