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 


The Light of Moshiach

Light of Moshiach
We all know that Moshiach is fast on the way; all the signs are manifest. What do we do in the meantime? How can we find the light of Moshiach amidst all the darkness?

Today's emuna shiur and broadcast, "The Light of Moshiach", will take place this evening (Wednesday), G-d willing, at 7:00 PM local time at our Chut Shel Chessed Yeshiva, 13 Shmuel Hanavi Street, Jerusalem, in the main sanctuary. You can see today's lesson here - the broadcast, as well as our lessons posted from now on - are Mac and iPod compatible. If you tune in too early to the live broadcast link, you'll be sent to the main page of the Breslev Israel website, so try to tune in on time

As always, the live shiur is open to the public - both men and women are welcome - so if you're anywhere near Jerusalem, come on by! If you are not able to view today's broadcast live, then G-d willing, you'll be able to see the video tape of it on this coming week on Lazer Beams.


Far and Near

Today's lesson is really encouraging, especially if you're a BT (Baal Teshuva, newly observant) or an FFB ("frum from birth") who left the program and is now coming back on his/her own.

Rebbe Nachman teaches that those who think they're very far away from Hashem are really very close. What does this have to do with Elul and with contemporary times? You'll get these answers and more in today's emuna lesson; enjoy!


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


Pre-Flight Check

Foolish Flyguy
A pilot would have to be a total dimwit to take off without making a pre-flight check, and a criminal as well! As in aviation, when we assess ourselves before doing something, we avoid all types of trouble and needless nosedives. Read all about it in Pre-Flight Check, my elaboration of this week's Torah portion Ki Tetze in this weeks stimulating new issue of Breslev Israel web magazine.

Elul is a time to make the small adjustments in life that constitute the big difference in serving Hashem. For example, saying Grace after meals with intent can save your life. See an amazing story about this in Dirt Clods and Potatoes.

Also featured this week:

Rabbi Shalom Arush - A Time for Yearning

Dr. Zev Ballen - Pedagogue or Predator?

Howard Morton - Dachau in America? 

Racheli Reckles - The Shabbat-Table Trial

Natalie Kovan - All My Helpers

Dovber Halevi - Yuppie Zionism

With the world in turmoil, we all need as much Divine protection as we can get...

This year, you can not only have Rav Shalom Arush do a pidyon nefesh for you, but you can strengthen Israel and the IDF in the process. Click here to send you pidyon nefesh to Rav Arush and Emuna Outreach; you'll create a powerful protective force for your family and invoke phenomenal Divine compassion.

Bright Beams blessings for a wonderful new week!