Three Beasts Are Rising To Rule Mankind: The Beast System, The Beast Ruler, And The Beast Banker

Financial market report for the week ending October 11, 2013

1) … Revelation 13:1-2 presents the concept that the Beast System, with its ten horns and its seven heads, will rule over mankind in the last days.

The Beast’s ten horns are ten regions of economic and political power and authority.

The Beast’s seven heads are mankind’s seven institutions; these being 1) Education, 2) Banking, Finance, Commerce and Trade, 3) Body Politic, 4) Military, 5) Religion, 6) Media, 7) Science and Technology.  Each of these seven institutions will increasingly be integrated with each other, in totalitarian collectivist regional governance, in each of the world’s ten regions.

This monster will emerge out of Financial Apocalypse, that is a global credit bust and financial system breakdown as foretold in Revelation 13:3-4, and more specifically out of sovereign insolvency and banking insolvency of the periphery and southern European periphery nations of Portugal, Italy, EWI, Ireland, EIRL, Greece, GREK, and Spain, EWP, that is the so called PIIGS, to become a European Super State, which is based on the Euro Currency, FXE, whose economic rubble will be seen in the devastation of the Eurozone Stocks, EZU.  Across the Atlantic Ocean, a growing intertwining of institutions will eventually produce a North American Continental Government, that is a North American Union; which is already underway as The United States Canada Regulatory Council Seeks Input on Boosting US-Canada Regulatory Cooperation.

The First Horseman of the Apocalypse, that is the Rider on the White Horse, who carries the bow yet without any arrows, Revelation 6:1, is effecting coup d’etat globally to transfer the baton of sovereignty, from democratic nation states to nannycrats, as they rise to rule in regional governance and totalitarian collectivism.

Thus, leaders from each of the seven institutions who will increasingly be working in statist public private partnerships for regional integration, as they oversee the factors of production to manage regional commerce and trade, to establish regional security, stability and sustainability.

The Beast System of Revelation 13:1-2, is the same as the Fourth Beast of Daniel 7:7, whose mission is to pulverize mankind in ten regions of regional governance and totalitarian collectivism. The Little Horn seen in Daniel 7:8, is a person, Europe’s Sovereign, Revelation 13:5-10, the Second Beast of Revelation Chapter 13.  He will rise to power with the Seignior, that is Euroland’s top dog banker and religious leader who takes a cut, Revelation 13:11-18, the Third Beast of Revelation Chapter 13. The Sovereign’s power will be so great that he will pluck out three entire economic and political regions.

For emphasis, I repeat that the Beast of Revelation 13:1-2, is the same as the Beast of Daniel 7:7;  they are the same global empires; yet these will collapse when even diktat money fails, and the Sovereign, Revelation 13:5-10, and the Seignior, Revelation 13:11-18, introduce the charagma 666 money system, Revelation 13:18 to establish a one world government and a one world religion.

The First Beast of Revelation Chapter 13, is not Islamic and will not have an Islamic Caliphate, as Joel Richardson of Joel’s Trumpet writes in his two books “The Islamic Antichrist” and “Mideast Beast”.

For further reading one might consider Olivet Journal The Bottomless Pit and The Beast, and James McDairmant Man of Sin, Son of Perdition, The Wicked One, The Willful king, The Beast, The Little Horn.

2)  … As it was in the days of Noah, so it shall be in the days of the parousia, that is coming, of the Son Of Man, Jesus related in Matthew 24:27-31, and in Mark 13:24-27, as well as in Luke 21:25-28.

The world has entered the beginning of the end, as the Nephilim of Genesis 6:1-6, are returning; that is the Halfbreeds, those created by Lucifer’s children and women are once again being created as 23andMe Receives Patent to Create Designer Babies, But Denies Plans to Do So, TIS reports.

The reason for the deluge was that Lucifer had corrupted mankind’s DNA. Now corporations, physicians and women are playing God. We are witnessing the emergence of a great deception of humanity, an apostasy is emerging encouraging people to believe that geneticists have the keys to our next evolutionary step. The Lord God will not let a genetic modification industry to come to fruition; He will intervene to terminate mankind’s endeavors by the Advent of His Son, Jesus Christ.

And Rady Ananda writes in GlobalResearch.ca Genetically Modified Babies. In October 2013, the US Food and Drug Administration will hold a two-day public meeting to discuss genetic modification within the human egg, which changes will be passed on generationally. The United Kingdom is also moving to allow GM babies.

Human gene therapy has been ongoing since 1990, but most of that involved non-heritable genes, called somatic (non-sex cell) gene therapy. Somatic modifications only affect the individual and are not passed on, and so do not affect the human genome.

The game changed with the successful birth of at least 30 genetically modified babies by 2001. Half of the babies engineered from one clinic developed defects, so the FDA stepped in and asserted jurisdiction over “the use of human cells that receive genetic material by means other than the union of gamete nuclei” (sperm and egg nuclei). Now the FDA is considering going forward with “oocyte modification” which involves genetic material from a second woman, whereby offspring will carry the DNA from three parents. These kinds of genetic changes (“germline modification”) alter the human genome.

For further reading one might consider reading Duane and Shelly Muir of Signposts of the Times Blog Section UFO Phenomenon to understand how the Nephilim are returning, and fulfilling end time bible prophecy.

Day by Day Blog writes Noah, The Boat Builder Preacher. The flood distinctly marks the end of one order of things and the beginning of another. A man called Noah was chosen by God to be the one to make provision for the continuation of all human and animal life on earth when the deluge was over.

Notice Hebrews 11:7 tells us about this amazing servant of God in what we call the faith chapter, “By faith Noah, when warned about things yet not seen, in holy fear built an ark to save his family. By his faith he condemned the world and became heir of the righteousness that is in keeping with faith.”

Jesus had something to say about the evil days in which Noah lived, while answering a question posed by the Pharisees about the time of the coming of the Kingdom of God. He replied; “Just as it was in the days of Noah, so also will it be in the days of the Son of Man. People were eating, drinking, marrying and being given in marriage up to the day Noah entered the ark. Then the flood came and destroyed them all.” (Luke 17:26) The people then were doing all of these things but one thing they weren’t doing was listening. “It will be just like this on the day the Son of Man is revealed.”(verse 30)

Fred H relates Nephilim Comes From Hebrew Root Nawfal … Meaning Fallen … Or Fallen Ones. Strong’s: Nephilim: “giants,” name of two peoples, one before the flood and one after the flood. The LXX uses the term “gigantes”being descriptive of demigods (In Greek mythology, these are the Giants or Gigantes (Greek: Γίγαντες, Gigantes) Gigantes as described in Wikipedia as the children of Gaia, who was fertilized by the blood of Uranus, after Uranus was castrated by his son Cronus. Some depictions stated that these gigantes had snake-like tails. The term mighty men (gibbor in the Hebrew) is synonym for giant. Nimrod was a gibbor Genesis 10:8-9; 1 Chronicles 1:10). Nimrod as a “mighty man” (concordance SH5248 for his name is of “foreign origin.” The Bible Exhaustive Dictionary of Bible Names defines Nimrod as “a rebel, to be rebellious to resist authority, He who rules, we will rebel” He was a “mighty hunter before the Lord. Before is SH6440 פּנים pânı̂ym paw-neem’, means in defiance, in the face (of God), against, anger, to wound, to dissolve; figuratively, to profane (a person, place or thing), to break (one’s word), to begin (as if by an “opening wedge”).

“There were giants in the earth in those days; and also after that” (Genesis 6:4). This Scriptural text describes two insurgents of giants that raised mayhem among mankind. The giants of this first insurgence were the nephilim, whose fathers were the fallen angels. They were the incarnate “sons of God” who came into (mated with) the daughters of men” (Genesis 6:4) in the days of Noah. In those days, they were “marrying and giving in marriage” (Matthew 24:37-38).

Very likely these “mighty men,” nephilim, were unable to procreate. Hence, their origin was from a breeding program with the angels – “gods” – to produce demigods, or the mystical Titans of folklore.

The insurgence of giants after the flood, were called Rephaim (Strong’s Hebrew number 7497), who resided in the Valley of the Rephaim. These Rephaim giants after the flood were smaller in stature. Perhaps this was because they were the offspring of genetically modified DNA, transmitted from the wife of Ham, as an X-chromosome, sex-linked recessive trait. Hence, giants after the flood could self-replicate as both male and female to perpetuate their race and inbreed with the other pagans within the land of Canaan because of their smaller size. At the time of Joshua, perhaps one-half of the population of the Promise Land carried the mutant DNA, as a consequence of pagan (fornication) fertility rites. Hence, God ordered Moses to kill all the “-ites,” men, women, children and their livestock!

Steve Quayle, is the leading authority on giants; and frequently updates his blog Genesis 6 Giants, The Truth Is Too Strong to Ignore

3) … The coming of “the Son of Man” will usher in these future events: according to (Pendelton, 2007) and (Knapp, 2008) “The Great Doctrines of the Bible” (The Doctrine of “Last Things”), Rev. William Bodie writes

1.    After the Jews pass through the great tribulation (Matthew. 24:21, 22, 29; Revelation. 3:10; 7:14); are converted (as a nation) at the coming of Christ (Zechariah. 12:10; Revelation. 1:7); become great missionaries (Zechariah. 8:13-23); never more to be removed from the land (Amos 9:15; Ezekiel. 34:28).

2.    With Regard to Antichrist, and the Enemies of God’s People (2 Thessalonians. 1:7-9; Revelation. 19:20; 20:10). The enemies of God shall be destroyed by the brightness of His coming; The Antichrist will be cast finally into the bottomless pit.

3.    The Millennium begins with the coming of Christ with His saints; with the revelation of Christ after the great tribulation (Matthew. 24:29, 30); at the close of the seventieth week of Daniel. (Revelation. 19:11-14; Daniel. 7:21, 22; Zechariah. 14:3-9).

4.    Then comes the destruction of Antichrist, the binding of Satan, and the destruction of the enemies of God’s people (Revelation. 19:20; 20:1-3, 10).

5.    The Judgment of the Living Nations (Matthew. 25).

6.    The conversion and missionary activity of the Jews (Zechariah. 8:13-23; cf. Acts 15:14-17). Then, we may have a converted world, but not now, nor in this age; This evangelistic effort concerns Israel, not the Church. The Church was gathered at the Rapture.

The Nature of the Millennium Kingdom:

1.    It is a Theocracy: Jesus Christ Himself is the King (Jeremiah. 23:5; Luke 1:30-33). The Apostles will, doubtless, reign with Christ over the Jews (Isaiah. 66; Matthew. 19:28); the Church, over the Gentile nations (Luke 19:11-19; Hebrews. 2:6, 7).

2.    The capitol city will be Jerusalem (Isaiah. 2:1-4). Pilgrimages will be made to the Holy City (Zechariah. 14:16). The reign of Christ will be one of righteousness and equity (Isaiah. 11:4; Psalms. 98:9).

3.    A renovated earth (Romans. 8:19-31; Isaiah. 65:17; c. 35).

4.    The events closing the Millennium are apostasy and rebellion (Revelation. 20:7-9); the destruction of Satan (Revelation. 20:10); the Great White Throne judgment (Revelation. 20:11-15); a new heaven and a new earth (Revelation 21 and 22).

4) … Financial Apocalypse, that is a global credit bust and financial system breakdown, is at hand.

Financial Apocalypse could commence immediately on either on a US Default, or a surge of stock market short selling caused by a rise in the Interest Rate on the US Ten Year Note, $TNX, or currency traders selling any number of currencies such as the Japanese Yen, FXY, the Euro, FXE, the Canadian Dollar, FXC, the British Pound Sterling, FXB, the Swedish Krona, FXS, the Swiss Franc, FXF, the Brazilian Real, BZF, the Australian Dollar, FXA, the Indian Rupe, ICN, or Emerging Market currencies, CEW, which would cause the US Dollar, $USD, UUP, to rise for a period of time from its greatly sold off price of 80.25. A rising US Dollar is incompatible with rising World Stocks, VT.

Under QE, the Fed bought 30 Year US Treasuries, EDV, and Zeroes, ZROZ, taking them out of the hands of private investors who looked for something else to buy, and thwarting the bond short sellers, bidding up the prices of other bonds, and driving down the Interest Rate on the US Ten Year Note, $TNX, causing the Flattner ETF, FLAT, to rise in value, and the Steepner ETF, STPP, to fall in value.

This ETF, that is STPP, rose in value, as the 10 30 US Sovereign Debt Yield Curve, $TNX:$TYX, steepened beginning in May 2013, running through September 1, 2013, as bond vigilantes gained control of the Interest Rate on the US Ten Year Note, $TNX; but then from early September to October 4, 2013, the Steepner ETF, STPP, declined in value, as the Interest Rate on the US Ten Year Note, $TNX, fell to its October 4. 2013, rate of 2.65%.

Yes, up until May 14, 2013, investors bought other bonds; but then they sold Junk Bonds, JNK, and Ultra Junk Bonds, UJB, Mortgage Backed Bonds, MBB, International Treasury Bonds, BWX, and International Corporate Bonds, PICB.  On July 14, 2013, investors reversed course once again and have been long the others, as is seen in combined ongoing credit Yahoo Finance Chart, which reinvigorated World Stocks, VT, Emerging Market Stocks, EEM, Global Industrial Producers FXR, Asia Excluding Japan, EPP, Nation Investment EFA, Eurozone Stocks, EZU, and the Nikkei, NKY, as is seen in combined ongoing equity Yahoo Finance Chart.  The Nikkei has been falling lately on the rise of the Japanese Yen, FXY, which hurts export companies.

The world as of September 20, 2013, stood at peak prosperity, peak democratic nation sovereignty, and peak seigniorage, that is at Peak Moneyness, as is seen in the chart of World Stocks, VT, relative to Aggregate Credit, AGG,  that is VT:AGG; stocks are unable to leverage higher on credit.  Zero Hedge writes The Life And Death Of Massive Debt Bubble In Seven Charts

Liberalism’s prosperity has been a terrific moral hazard based prosperity, as investors came to trust in the US Fed’s policies of easing, which started when it took in Distressed Investments such as those traded by the Fidelity Mutual Fund FAGIX, with the start of QE1, driving up risk assets such as Small Cap Value Stocks, RZV, Biotechnology, IBB, Resorts and Casinos, BJK, IPOS, FPX, Media, PBS, Nasdaq Internet, PNQI, Pharmaceuticals, PJP, Aerospace, PPA, Spin Offs, CSD, Leveraged Buyouts, PSP, and Solar Energy Stocks, TAN. An now, another Great Depression will take place because  the Federal Reserve’s bank bailouts and fiscal stimulus have created fingers of instability.

James A. Kostohryz writing in Seeking Alpha asked How Will The No Taper Surprise Affect Stocks  The end of QE will be bad for the general stock market and index ETFs such as SPDR S&P 500 (SPY) and SPDR Dow Jones Industrials Average (DIA). I do not agree. Anticipation of the end of QE, in the context of a tapering cycle, may trigger a garden-variety stock market correction at some point. But for reasons I will elaborate on in future articles, I believe that precisely at the point when the end of QE becomes clearly visible, the US stock market may go parabolic and enter into a bubble phase.

Mr. Kostohyryz’s article proves to one gigantic strategic miss. As Jesus Christ acting in dispensation, that is in the administrative plan of God for the fulfillment of every age, Ephesians 1:10,  pivoted the world from liberalism into authoritarianism on Friday September 20, 2013, as is seen the chart of World Stocks, VT, and the S&P, SPY, trading lower in value.

Fiat money died Friday September 20, 2013, with World Stocks, VT, Major World Currencies, DBV, and Emerging Market Currencies, CEW, trading lower, as Jesus Christ operating in dispensation, as presented by the Apostle Paul in Ephesians 1:10, that is in administrative oversight of all things economic and political, pivoted the world out of liberalism and into authoritarianism, and as such the stock market has turned from bull to bear with the Too Big To Fail Banks, RWW, trading lower in value, all on the No Taper Rally.

Those ETF sectors which rallied over the last year and countries which rallied, from late June 2013 to late September, 2013, seen in this Finviz Screener, will be trading ever lower from the Tuesday October 1, 2013 rally, on competitive currency devaluation and on the exhaustion of the world central banks’ monetary authority, as investors come to greater realization that the US Fed’s monetary policies have crossed the Rubicon of sound monetary policy, and have made “money good” investments bad.

Friday, September 20, 2013, was liberalism’s day of investment instability that marked an inflection point that pivoted the world from the paradigm of liberalism into the paradigm of authoritarianism, and from a moral hazard based prosperity into a debt servitude based austerity, as the financial markets turning from risk-on to risk-off, as indicated by the Market Off ETN, OFF, trading higher, and the stock market turned from bull to bear. Risk on investing has turned to risk off disinvestment.

Please consider Corollary #8 from the Dispensation Economics Manifest. The No Taper Rally of September 20, 2013, in World Stocks, Major World Currencies, DBV, and Emerging Market Currencies, was Liberalism’s peak event, which terminated the Creature Jekyll Island and birthed the Beast Regime of Revelation 13:1-4. and which pivoted the world from a policy of investment choice … consisting of credit schemes, such as, free trade agreements, financial deregulation, leveraged buyouts, nation investment, currency carry trade investing, securitization of debt, dollarization, financialization of stocks and ETFs, such as corporate bonds which convert into stocks, all of which created capital for corporations to operate and revenue for governments to operate … to a policy of diktat … consisting of debt servitude schemes, such as, regional framework agreements, bank deposits bailins, new taxes, privatizations, capital controls, austerity measures, and statist vitalizations where banks and other corporations are given charter to operate as public private partnerships for regional economic security, regional stability and regional sustainability.

September 20, 2013, was a pivotal day in global economic history from which there is now no return, despite what credit liquidity measures any central banker might propose.

The exhaustion of the US Fed’s monetary policies of easing, came as the provision of QEternity constituted a crossing of the Rubicon of sound monetary policy, and destabilized global economics pivoting the world from liberalism’s banker regime of democratic nation states, into authoritarianism’s Beast regime of regional governance and totalitarian collectivism, presented in Revelation 13:1-4.

Liberalism was the era of investment choice based upon credit and carry trade investing. Ireland’s Bank, IRE, has been the investor’s carry trade darling, In the last year, Ireland’s Bank, IRE, stock market performance has soared 118%, compared to Lloyds Banking Group performance of 100%. And in the last year Ireland, EIRL, has outperformed its nation investment peers, Finland, EFNL, Netherlands, EWN, and Germany, EWG, EWGS, by a huge margin rising some 43%. While bankers dance with glee; austerity bites consumers, as Bloomberg reports Steak No More in Yeats Country Amid Scant Irish Recovery.

In contrast, authoritarianism is the era of diktat based upon debt servitude, where there are no central bank monetary policies providing rewards for investment choices, only regional nannycrat policies of diktat, establishing debt servitude and totalitarian collectivism.  All those living in the Euroland, will have economic experience in statist public private partnership mandates, coming largely out of Brussels and Berlin.  The Irish, Greeks, Italians, and Belgians cannot be Germans, yet all will be one, living under the word, will, and way of sovereign regional technocrats.

The Yahoo Finance chart of the EUR/JPY, and the Google Finance Chart of the EUR/JPY, and the Forex Trading chart of the EUR/JPY, and FXStreet chart of the EUR/JPY, show a close at 132.45 on October 3, 2013; from which a trade lower, will soon propel Eurozone Stocks, EZU, and European Financials, EUFN, as well as World Stocks, VT, lower.

On Friday, October 4, 2013, currency traders took the Japanese Yen, FXY, slightly lower to a new weekly rally high, at 100.30, its dark filled candlestick suggests that the rally in the Yen, is at its zenith. And the Euro, FXE, even more slightly lower, to a new weekly rally high of 134.12, forcing the EUR/JPY, to lower to close the week lower at 132.04, yet Eurozone Stocks, EZU, rose to close near their all time high. As the Euro Yen currency trade unwinds, Ireland, EIRL, and Ireland’s Bank, IRE, will be leading Nation Investment, EFA, and Global Financials, IXG, lower.

While Resorts and Casinos, BJK, International Telecom, IST, IPOs, FPX, Small Cap Energy, PSCE, and Energy Production, XOP, traded to a new rally high, monetization of debt, has finally turned “money good” investments bad.  Investments in Risk Assets, such as Small Cap Pure Value Stocks, RZV, has ended, as confirmed the Market Off ETN, OFF, trading higher this month of October 2013.

The interventionist policies of the world central banks no longer provide investment stimulus as is seen in Global Industrial Producers, FXR, trading lower. Jesus Christ acting in the Economy of God, Ephesians, 1:10, has ended the Fed; He did what Ron Paul could not do.

Yes, the Fed be dead. Charles Hugh-Smith of OfTwoMinds blog, asks in Zero Hedge, Have We Reached Peak Federal Reserve? I respond, that The Fed Bubble Era is over. This is seen in the Too Big To Fail Banks, RWW, trading lower from their rally highs. And Asset Managers such as BlackRock, BLK, and Eaton Vance, EV, that coined liberalism’s wealth, are trading lower as well.  Now under authoritarianism, the policies of nannycrats and technocrats, working in schemes of regional integration, will underwrite economic activity.

Debt deflation, specifically competitive currency devaluation, has commenced, terminating liberalism’s fiat wealth investments in Nation Investment, EFA, and Emerging Market Investment, EEM.

The modern money system is broken and bust; the age of speculative leveraged investment, is done, over, and finished.  Liberalism’s democratic fiat money and banking system is being replaced by authoritarianism’s diktat money and regional governance and totalitarian collectivism system.

The ongoing destruction of fiat money can be followed via the trade lower in Stock ETFs, seen in this Finviz Screener, and the Currency ETFs, seen in this Finviz Screener.

The decline in the price of Gold, $GOLD, since late August 2013, will soon be a buying opportunity, as the Gold ETF, GLD, is in an Elliott Wave 3 Up, from its early July 2013 bottom of 117.5, as is seen its Weekly Finviz Chart. The Elliott Wave 3 Ups, are the most dramatic of all economic waves, and create the bulk of wealth gains, of all of the ascending five waves.

5) … This week’s financial market trading.

On Monday, October 7, 2013, Jennifer Carinci of Yahoo’s Hot Stock Minute reported immediately before the market open Markets Around The World Are Reacting Negatively To The Lack Of Progress Out Of Washington On Budget Talks Over The Weekend. Japan’s Nikkei lost one-percent and Europe is down across the board as the world watches the stalled U.S. budget talks. Here at home futures are indicating a rough open, poised to open lower by nearly 1%.

Briefing.com reports Mr. Boehner Told ABC’s George Stephanopolous

  • that the House does not have the votes to pass a clean continuing resolution

  • that the votes are not in the House to pass a clean debt limit increase; and

  • that the US is on a path to default because President Obama won’t negotiate over the debt ceiling.

The NYT reports Boehner Hews to Hard Line in Demanding Concessions From Obama. And NBC News reports Obama to Boehner: Hold a Vote. Call a Vote Right Now. Let’s See What Happens.

Investors fear that the US Government will not come to political terms to deal with its ongoing budget deficits, and that the US may experience a default, this being the most fearsome of all investment fears, and as a result a global financial system meltdown has commenced, as is seen in the Global Financials, IXG, trading 1.0% lower.

Risk assets traded lower: sectors trading lower included Biotechnology, IBB, Internet Retail, FDN, and Nasdaq Internet, PNQI.

The Great Bear Market commenced on the fears of a US Default, and on fears that the monetary policies of the world central banks no longer stimulates investment and have actually turned “money good” investments bad.  The first investment casualties of the Great Bear Market are Biotechnology, IBB, Internet Retail, FDN, and Nasdaq Internet, PNQI.

The higher Yen, FXY, sent the Nikkei, NKY, tumbling 2.2%, making Japan the Bear Market nation loss leader; this as Bloomberg reports Japan current-account surplus plunges to record August low.

The US Dollar, $USD, UUP, traded slightly lower to close at 79.9; I believe it will be increasing in value for a while. Liberalism featured the Milton Friedman Free To Choose Banker Regime, where the coordinated central bank policies of democratic nations, such as the US, Japan, Australia, Indonesia, Thailand, India, Brazil, Singapore, and the Philippines, established Global ZIRP, assuring low interest rates, and backing for credit and carry trade investing, as the US Dollar, continually traded lower in value, and currencies floated, providing investment choices and great rewards for the savy investor.

But bond vigilantes will increasingly gain the upper hand in their war on the world central bank chiefs, calling the Interest Rate on the US Ten Year Note, ^TNX, higher from 2.63%, and causing debt deflation, specifically competitive currency devaluation globally, as currency traders successfully sell currencies short.

Individual major world currencies such as the Australian Dollar, FXA, and the Euro, FXE, the Swiss Franc, FXF, the Swedish Krona, FXS, the British Pound Sterling, FXB, as well as Emerging Market Currencies, CEW, such as the Indian Rupe, ICN, and the Brazilian Real, BZF, are on the verge of collapsing in value, causing sovereign insolvency, banking insolvency and corporate insolvency.

Emerging Market Nations, EEM, especially those with trade deficits, such as Peru, EPU, and Chile, ECH, have seen terrific nation state investment deflation on the rise of the Interest Rate on the US Ten Year Note, ^TNX.  Advisor.ca reports Currency Wars Go Global.  “The currency war in the emerging world has gone global,” says Vincent Lépine, vice-president of global economic strategy at CIBC Global Asset Management. Lépine co-manages the Renaissance Optimal Inflation Opportunities Portfolio. That’s because countries can no longer lower their interest rates to boost growth, given rates are close to zero. Governments are also finding it challenging to use fiscal policy measures to stimulate their economies due to “lousy situations on the fiscal front,” he adds. Fighting the currency war, then, is the only option left, says Lépine. Countries don’t want to be the “one stuck with the strongest currency. Eventually, that will affect [their] competitiveness.”  And GATA reports Taiwan and New Zealand Want Their Dollars Down.

Authoritarianism features the Beast Regime, where leaders will meet in summits and workgroups to waive national sovereignty and establish pool sovereignty regionally, as the The First Horseman of the Apocalypse, that is the Rider on the White Horse, who carries the bow yet without any arrows, Revelation 6:1-2, is effecting coup d’etat globally to transfer the baton of sovereignty, from democratic nation states to nannycrats, as they rise to rule in regional governance and totalitarian collectivism.

Thus, leaders from each of mankind’s seven institutions, these being 1) Education, 2) Banking, Finance, Commerce and Trade, 3) Body Politic, 4) Military, 5) Religion, 6) Media, 7) Science and Technology, will increasingly be working in statist public private partnerships for regional integration, as they oversee the factors of production to manage regional commerce and trade, to establish regional security, stability and sustainability.

Lisa Abramowicz of Bloomberg reports Hedge Funds Expand Bets With Most Junk Since ’08.  Hedge funds have amassed the greatest share of the $1.2 trillion U.S. junk-bond market since the credit crisis, raising concern bets with borrowed cash will accelerate losses when the Federal Reserve stops printing record amounts of money. The funds, which typically use leverage to bolster returns, hold as much as 23% of outstanding dollar-denominated high-yield bonds, from as much as 18% last year and the highest since 2008, according to Barclays. Credit hedge funds have boosted assets by 89% since 2008, outpacing the 66% growth of the junk market, data from Hedge Fund Research and BoA indexes show.

The 0.04% trade lower in iShares Floating Rate Bond, FLOT, communicates the failure of liberalism’s credit. This investment is a short term bond ETF which corresponds generally to the Barclays US Floating Rate Note, and yields 0.65%, and represents risk free capital investment. Under liberalism’s central bank monetary policies of credit liquidity, it has risen in value from 48.50 in December 2011, to 50.67 on October 7, 2013. Short term bond ETFs, like FLOT, are considered an ultra-safe bond investment, and some have argued that they can act as a cash alternative or money market substitute. The trade lower in FLOT communicates that interest rate risk cannot be managed.  Not only are currencies, such as the Emerging Market Currencies, CEW, failing, but now credit has failed. Another word for credit is trust.  Investors can no longer trust the monetary policies of Ben Bernanke, Mario

As interest rate risk rises, the Steepner ETF, STPP, will once again rise in value. It rose in value, as the 10 30 US Sovereign Debt Yield Curve, $TNX:$TYX, steepened beginning in May 2013, running through September 1, 2013, as bond vigilantes gained control of the Interest Rate on the US Ten Year Note, $TNX, causing a steepening of the 10 30 US Sovereign Debt Yield Curve, that is $TNX:$TYX. But then from early September to October 4, 2013, the Steepner ETF, STPP, declined in value, as the Interest Rate on the US Ten Year Note, $TNX, fell to its October 4. 2013, rate of 2.65%; and then on October 7, 2013, the Steepner ETF, STPP, took a real hit, trading lower, in strong volume, to close at 39.30. The rise in the Steepner ETF, reflecting a steepening yield curve, will be a marker, that is a defining indicator, of the sea-saw destruction of money. Whatever one considers money to be, it is no more as fears arise that current sovereigns are unable to govern.

“Taper gone bad”, is the genesis of the see-saw destruction of fiat wealth that commenced October 1, 2013, and recommenced October 7, 2013.  Major World Currencies, the Japanese Yen, FXY, the Euro, FXE, the Canadian Dollar, FXC, the British Pound Sterling, FXB, the Swedish Krona, FXS, the Swiss Franc, FXF, and the Australian Dollar, FXA,  as well as Emerging Market Currencies, CEW, such as the Brazilian Real, BZF, and the Indian Rupe, ICN, as well as Stocks, DBV, and Bonds, BND, are all falling into the Pit of Financial Abandon, as investors find that liberalism’s sovereigns, these being the leveraged speculative investment community, consisting of the Too Big To Fail Banks, Regional Banks, KRE, Investment Banker, KCE, and Stockbrokers, IAI, ar no longer able to leverage fiat money higher over debt; this being seen in the chart of World Stocks, VT, relative to Aggregate Credit, AGG … VT:AGG .. trading lower in value.

Out of a soon coming Financial Armageddon, that is a credit bust and financial system breakdown, authoritarianism’s new sovereigns, that being regional nannycrats, as well as Europe’s Sovereign, described in Revelation 13:5-10, and his partner, the Eurozone’s Seignior, Revelation 13:11-18, will rise to power, totally establishing diktat money, which replaces fiat money.

Diktat money is defined as the compliance required, as well as the trust that is engendered, the debt servitude that is enforced, and the austerity schemes that are experienced, such as heavy losses on large bank deposits via bailins, levying additional taxes, privatizations, capital controls, import curbs of branded items, budget cuts in social programs such as Head Start, sale of a country’s central bank’s gold reserves, fiscal councils, such as those reported on by the IMF, Case studies of fiscal councils and The functions and impact of fiscal councils, and statist public private partnerships, which oversee regional economic commerce, trade, and the factors of production, as well as in the Eurozone, a fiscal union, where sovereign regional leaders, as well as sovereign regional sovereign bodies, such as the ECB, invoke mandates for regional security, stability, and sustainability.

These leaders, that is nannycrats include, Jeroen Dijsselbloem, President of the Eurogroup meeting of euro-zone finance ministers, Olli Rehn, Vice President of the European Commission responsible for economic and monetary affairs, Michel Barnier, EU Commissioner responsible for internal market and services, Klaus Regling, Managing Director of the European Stability Mechanism, Werner Hoyer, President of the European Investment Bank, who in the WSJ op-edited credit for the Eurozone’s economic recovery, as well as Jorg Asmussen, Member of Executive Board of the ECB, Viviane Reding, European Commissioner for Justice, Fundamental Rights and Citizenship.

And diktat money is seen in countries with high current account deficit, such as in India, where import duties have been declared on the import of gold, and the import of gold coins banned; and such as in Indonesia, where curbs are placed on the import of luxury cars and some branded goods.

God has always provided empires for governance; the most recent ones have been liberalism’s, British Empire and the US Dollar Hegemonic Empire. But these are being swept into the dustbin of history, as Jesus Christ is operating in Dispensation, that is in the administrative oversight of all things economic and political, Ephesians 1:10, introducing authoritarianism’s Beast Regime of regional governance and totalitarian collectivism, which is the same empire of the Ten Toed Kingdom, presented in Daniel’s Statue of Empires, 2:25-45, with its toes being a miry mixture of clay democracy and iron diktat.

Ambrose Evans Pritchard of The Telegraph writes Factional Conflicts Have The Power To Destroy Empires – And Republics

An inquiring mind asks, how much longer will money market accounts be a safe haven investment, that is, how much longer will they keep their constant one dollar value with a rising Ten Year Interest Rate, ^TNX?

Ludwig von Mises Institute posts Skyscraper Index Is Flashing Red Alert

Bloomberg reports Aluminum Costs Seen Dropping as LME Unclogs Depots. The London Metal Exchange’s plan to ease congestion at warehouses storing near-record amounts of aluminum will accelerate deliveries and reduce premiums paid for supply, at a time when prices are already near a four-year low.  The Yahoo Finance Chart of Aluminum, JJU, shows it to be a commodity loss leader.

Bloomberg reports Biggest Pension Fund at Risk Holding 60% in Japanese Debt. Japan’s Government Pension Investment Fund, the world’s largest manager of retirement savings, isn’t ready for Abenomics, according to the head of an expert panel advising on public investments. The set of policies from Prime Minister Shinzo Abe aims to defeat 15 years of deflation and spur growth by using the “three arrows” of fiscal stimulus, monetary easing and business deregulation. GPIF needs to reduce the risk of losses on its bond holdings should interest rates start to rise as the economy improves, said Takatoshi Ito.

“The majority of the panel thinks the GPIF is exposed to too much interest-rate risk,” Ito said in an Oct. 4 interview. “If they’re really aware of interest-rate risk, why are 60 percent of the assets in domestic bonds?” An interim report from the panel on September 26, 2013, showed some members wanted the 121 trillion yen ($1.25 trillion) GPIF to add new assets such as real-estate trusts, infrastructure and private-equity investments and commodities. The group will meet two to four more times before issuing its final report next month, Ito said.

The ministry is likely aligned with Abe who “is keen to reallocate resources both to contribute to the sustainability of social welfare and to support market and corporate sentiment,” Aoki wrote in an Oct. 7 report. The Topix, ITF, has surged 33 percent this year. The nation’s sovereign bonds handed investors a 2.2 percent return in the same period, according to an index compiled by Bloomberg. Japan’s 10-year bond rose one basis point to 0.65 percent as of 1:05 p.m. in Tokyo after reaching 0.625 percent Oct. 4, a level not seen since May 10.

Energy Post writes in OilPrice.com Tensions Threaten Long Standing Natural Gas Partnership between EU and Russia

Mike Mish Shedlock writes Mainstream Media Finally Catches on to Disability Fraud: 60 Minutes Reports on “Disability USA” . Coburn selected cases at random and found 25% of the cases were fraudulent and another 20% were “highly questionable”. The “system is being gamed pretty big right now”, said Coburn. “You need look no further than disability lawyers trolling for new clients.”

Jaso Ditz of Antiwar reports Egypt Rules Brotherhood ‘Outlaws’ as Attacks Kill 9 Troops

Michael Krieger of Liberty Blitzkrieg blog, writes in Zero Hedge, Meet The Disability Industrial Complex: Up To 45% On Disability Insurance Are Frauds. In the economically depressed border area of Kentucky and West Virginia we find 10% to15% of the population on disability, or three times the national average. Senator Coburn says disability payments are now propping up the economy in some of the poorest regions in the country. Which is why he sent his investigators to the border area of Kentucky and West Virginia. More than a quarter of a million people in this area are on disability with  10 to 15 percent of the population, about three times the national average. Jennifer Griffith and Sarah Carver processed disability claims at the Social Security regional office in Huntington, West Virginia

Here, in Bellingham, WA, the City of Subdued Excitement, just south of the Canadian Border, and just north of Seattle, a cottage industry of disability lawyers has sprung up surrounding the local mission, located at Holly and F; the use of which is necessary to obtain SSI/SSD.

And there are a large number of social service counselors who encourage that one obtain a psych eval from Washington State DSHS, located at Guide Meridian and Bakerview, which entails that one go see a shrink for diagnosis of mental illness, such as narcism, bipolar disorder, anxiety, antisocial disorder, ADHD, or depression, as well as to go see a physician for diagnosis of fibromyalgia, hepatitis or chronic pain, as any of these conditions, are legal reasons for making the case, that one is unable to work. All veterans claiming PTSD are guaranteed a disability award.

Once one has been awarded SSI/SSD, one can then “live free”.  I know many individuals who are psychopaths; these mean and crazy individuals, have obtained SSI/SSD for their busybodyness; and now, most keep to themselves, except for a few who go on to be real hooligans, engaging other in all kinds of mischievous behavior, all at taxpayer expense.

Liberalism was an age of clientelism, providing millions of supposedly disabled individuals with transfer payments. The truth is that many choose not to work, and thus probably 50% of disability claims are fraudulent. The amount of assistance is equivalent to working at minimum wage which is $1,400 a month, (8 hours a day at $8/hour for 22 days a month).  SSI/SSD assistance consists of $730 in Disability, $170 in SNAP Food Stamps, $500 in Section 8 Housing Voucher Assistance, and then there is Medicaid as well, for physician visits, psychiatric care, dermatology and other specialty care, prescriptions, hospitalization, benefits, valued at $400, for a total welfare dole of $1,800 monthly.

On Tuesday, October 8, 2013, the beginning of the extinguishment of Nation Investment, EFA, started to destabilize liberalism’s nation state sovereignty, and its banker seigniorage, on investor’s fears of a US Default.

The new economic and political paradigm of authoritarianism, will rise out of  sovereign insolvency and banking insolvency, as foretold in Revelation 13:3-4, that being a Minsky Moment, where regional nannycrats will be appointed sovereign, and provide public private partnership seigniorage, as they issue diktat for regional security, stability, and sustainability.

Liberalism was characterized by trust in bankers, stock brokers, and asset managers, to the point of being insestious, through US Fed and other world central bank monetary policies such as POMO.  But authoritarianism will be characterized by trust in the word, will and way of the regional nannycrats; so much so that the Apostle Paul wrote in Revelation 13:3-4, that All the world marveled and followed the beast; so they worshiped the dragon who gave authority to the beast; and they worshiped the Beast.

Nation Investment, EFA, traded lower 0.6% lower on fears of US Default, and on awareness that the US Fed’s monetary policies no longer stimulate global growth and trade, and have actually turned” money good” investments bad.

Fiat money died Friday September 20, 2013, when World Stocks, VT, Major World Currencies, DBV, and Emerging Market Currencies, CEW, traded lower, terminating the sovereignty of democratic nation states and terminating the seigniorage of the world central banks. Confirmation of such is seen in the Too Big To Fail Banks, RWW, and Regional Banks, KRE, trading lower in value, the Market Off ETN, OFF, rising in value.

Competitive currency devaluation has commenced on the exhaustion of the world central banks’ monetary authority, as investors are coming to realize that the US Fed’s monetary policies have crossed the Rubicon of sound monetary policy, and have made “money good” investments bad.

On Wednesday, October 9, 2013, World Stocks, VT, and Nation Investment, EFA, traded slightly higher on hopes for resolution of the fiscal impasse;  and gold turned down, just as it appeart to breaking out.

The WSJ reports Chinese Think Tank Puts Shadow Banking at 40% of GDP.  As the fastest growing part of China’s financial sector, shadow banking is no longer the sideshow it was five years ago. The sector grew from almost nothing a few years ago to the equivalent of 40% of gross domestic product at the end of 2012, the Chinese Academy of Social Sciences said.

Please consider that under liberalism, the liquidity effect of the world central banks’ monetary policies, in particular the Federal Reserve, established global ZIRP, flooded the world with credit and stimulated currency carry trade investing, in particular the EURJPY and the AUDJPY, which created a crack up boom in the value of Risk Assets, such as Biotechnology, IBB, Solar, TAN, IPOs, FPX, Media, PBS, Leveraged Buyouts, PSP, Pharmaceuticals, PJP, Small Cap Pure Value, RZV, Aerospace, PPA, Resorts and Casinos, BJK, as is seen their combined ongoing Yahoo Finance Chart.

But on September 20, 2013, that speculative leveraged investment bubble burst, as is seen in World Stocks, VT, trading lower, on fears that the world’s central banks monetary policies have crossed the Rubicon of sound monetary policy, and have turned “money good” investments bad.

Earlier on May 21, 2013, the First Horseman of the Apocalypse, the Rider on the White Horse, seen in Revelation 6:1-2, enabled the bond vigilantes to call the Interest Rate on the US Note, ^TNX, higher to 2.1%, destroying Aggregate Credit, AGG, and creating debt deflation, that is  competitive currency devaluation, turning Major World Currencies, DBV, and Emerging Market Currencies, CEW. lower.

The world central bankers, no longer have tight control over interest rates, and The Great Bear Market commenced on fears of a US Default as well as on fears that the monetary policies of the world central banks no longer stimulate global growth and trade and corporate profitability, and have actually turned “money good” investments bad.

With the transition from bull to bear market on September 20, 2013, as is seen in the Market Off ETN, OFF, rising in value as Jesus Christ is acting in Dispensation, that is in oversight of all things economic and political, as presented by the Apostle Paul in Ephesians, 1:10, having pivoted the world from liberalism to authoritarianism.

The Fed plans for QETernity. David Malpass of the WSJ reports The Bigger Battle Behind the Shutdown. A staggering $250 billion per month, 80% of spending, runs on autopilot without congressional control. At its core, the shutdown is part of a much bigger battle to restrain the federal government. It is spending $3.6 trillion per year without a budget, and its expenditures are expected to increase rapidly in the years ahead. Meanwhile, the government has piled up $17 trillion in debt and $60 trillion more in unfunded spending promises. The Federal Reserve will borrow $1.1 trillion in 2013 alone to buy bonds and it reserves the right to borrow unlimited amounts for future bond purchases without congressional or presidential permission.

Through anticipation of ongoing monetary intervention by the US Fed, the see-saw destruction of fiat wealth that commenced October 1, 2013, and intensified October 7, 2013, will become more vigorous, as bond vigilantes call the Interest Rate on US Ten Year Note, ^TNX, higher from 2.65%, and as currency traders sell the EURJPY, the AUDJPY, and Major World Currencies such as the Canadian Dollar, FXC, the British Pound Sterling, FXB, the Swedish Krona, FXS, the Swiss Franc, FXF, and Emerging Market Currencies, CEW, such as the Indian Rupe, ICN, and the Brazilian Real, BZF.

Out of a soon coming Financial Apocalypse, that is a global credit bust and financial system breakdown, as foretold in Revelation 13:3-4, and more specifically out of sovereign insolvency and banking insolvency of the periphery and southern European periphery nations of Portugal, Italy, EWI, Ireland, EIRL, Greece, GREK, and Spain, EWP, that is the so called PIIGS, the Beast Regime of regional governance and totalitarian collectivism, presented in Revelation 13:1-4, will rise to rule, in all of the world’s ten regions, and occupy in all of mankind’s seven institutions.

Under authoritarianism, physical possession of gold bullion and silver bullion will be the only means of financial wealth preservation and growth.

On Thursday, October 10, 2013,  World Stocks, VT, Nation Investment, EFA,  and Global Industrial Producer, FXR, rose, as President Obama announced dovish banking insider Janet Yellen as his choice for Federal Reserve Chair, and as lawmakers moved toward an agreement to increase the debt ceiling and avoid a default, causing risk assets and financial stocks to rise strongly.

The yield curve is now steepening as the Fed did not taper, and will not taper. The Interest Rate on the US Ten Year Government Bond, ^TNX, rose to 2.68%, and the Steepner ETF, STPP, rose strongly as the 10 30 US Sovereign Debt Yield Curve, $TNX:$TYX, steepened. A steepening yield curve suggests that bond vigilantes are once again obtaining a strong hold over interest rates, in their war on the world central banks; and that they are once again calling US Government Bonds, GOVT, lower, on the monetization of debt by the US Federal Reserve.  The Steepner ETF, is a great ETF for rising rates.

Junk Bonds, JNK, rose taking Aggregate Credit, AGG, higher.  Gold turned strongly lower to close at  $1,272.

Currency traders, sold the Japanese Yen, FXY, causing the chart of EUR/JPY to rally strongly to 132.86, and the chart of AUD/JPY to rally strongly to 92.02. Of note, the Chinese Yuan, CYB, rose strongly to a new rally high. CNBC writes Yuan moves one step closer to global currency status.

Ambrose Evans Pritchard wrote Rejoice: “The Yellen Fed Will Print Money Forever to Create Jobs.”

The October 10, 2013, rally in stocks, on the announcement of Janet Yellen as Obama’s choice for Federal Reserve Chairperson, and on hopes of an accord to avoid US Default, coupled with the likelihood of a developing impasse on resolving a US Budget, and consequential Default on US Debt, is likely to stimulate fears of a market sell off, and presents the short selling opportunity of a lifetime, continuing a Bear Market that commenced with a market top on September 20, 2013, which came with the No Fed Taper Rall.

In a bull market, one buys in dips, and in a bear market, one sells into pips. The Great Bear Market commenced on September 20, 2013, as evidenced in the Market Off ETN, OFF, rising in value.

One could sell short the 40 ETFs/ETNs, IBB, PNQI, FDN, TAN, BJK, RZV, FPX, IST, FLM, CSD, PBS, IAI, PSCI, XTN, FXR, CARZ, XRT, EUFN, PJP, SMH, WOOD, PSP, RWW, PPA, SLX, RXI, ENZL, EIRL, GREK, EWP, YAO, TUR, ARGT, EPHE, SCIN, THD, EGPT, EWZS, EWY, UJB, seen in this Finviz Screener, for great future reward as these are high beta risk averse ETFs.

And one could use the 8 ETFs/ETNs, OFF, STPP, HDGE, XVZ, GLD, FSG, JGBS, YCS, SAGG, GSY, seen in this Finviz Screener, what I term the market vane ETFs, as the basis for one’s margin account, as these will increase in value with rapidly growing financial instability, as carry trades unwind, and as the Interest Rate on the US Ten Year Note, ^TNX, rises.

Benson te writes Graphic: The Globalization of Boeing’s Dreamliner. Assembled in the US, much of what makes up the Boeing’s Dreamliner has been sourced overseas.  I comment that although sourced overseas, Boeing still does employ many here in Washington State. The freeways, that is expressways, are clogged with its workers. And then, after working for Boeing, they often retire in sunnier climates like Hawaii, or retire in nearby areas like Bellingham, where I live, driving up the prices of real estate. Boeing exemplifies the “best practices” of capitalism, is an economic success story, is a leading Global Industrial Producer, FXR, is a leading Defense and Aerospace Producer, PPA, and has been an investor’s darling, as is seen in its ongoing Yahoo Finance chart. Boeing, BA, rose 3.8% on the October 10, 2013, Yellen Rally, compared to the 2.1% for the S&P 500, SPY. Yet nevertheless it is a participant in the Great Bear Market which commenced that September 20, 2013, as reflected in the Market Off ETN, OFF, rising in value. The way is inexorably down now.  One of the factors that drove Boeing higher under liberalism was its high level of debt; a Long Term Debt to Equity Ratio of 1.3%. In liberalism’s final Global ZIRP credit rally, investors pursued debt laden companies, like Boeing, as they chased yield.

Ed Yardeni posts Europe’s Recovery. The OECD Leading Composite Index for Europe is confirming the region’s recovery. It is up for the past 11 consecutive months to August’s 100.5, the highest reading since July 2011. Leading the way up have been some of the more distressed countries in the euro zone, particularly Spain. The UK is also looking very strong. Here is August’s ranking: Spain (102.0), Ireland (101.9), Greece (101.8), Portugal (101.4), UK (101.2), Italy (100.7), Europe (100.5), Germany (100.4), Belgium (100.2), Netherlands (100.0), and France (99.7). Yet the IMF is expecting that the euro zone’s real GDP will grow by only 1.0% next year after falling 0.4% this year. The organization’s latest report challenges the notion that the region is out of the woods. It sees potential for a renewed financial crisis, and is critical of the slow pace of banking and economic reforms. Labor markets remain mostly uncompetitive in the peripheral countries. Bank credit continues to shrink.

I comment that since 2008, through the credit liquidity monetary policies of the ECB, the US Federal Reserve and the other world central banks, have eked out a marginal recovery in the Eurozone, and a fantastic moral hazard based smorgasbord of investment choice, that has rewarded the savvy investor, providing great prosperity for those connected to the speculative leveraged investment community.

The Times of London reports Eurozone Companies Face Huge Debt Overhang That Could Harm Recovery.  And the WSJ reports IMF Warns On Corporate Exposures of Euro Zone Banks.

On Friday, October 11, 2013, Wall Street Ends Higher on Hopes of Weekend Resolution in Washington.  U.S. stocks extended gains on Friday, a day after their biggest rally in more than nine months, as investors were hopeful for a solution to end the partial government shutdown that would stave off a possible U.S. default, Reuters reported.

The chart of the EUR/JPY shows a close for the week at 133.48. And the chart of AUD/JPY shows a close for the week at 93.27

Gold, GLD, plummeted 1.3%, and Silver, SLV, 1.5%, forcing Gold Miners, GDX, 2.1%, lower, and Silver Miners, SIL, 1.6%, lower, reflecting demand for Risk Assets, such as Solar Stocks, TAN, and Resorts and Casinos, BJK, as well as for Emerging Market Infrastructure, EMIF, and US Infrastructure, PKB, supported by a strong EURJPY and AUDJPY, as is seen in their ongoing Yahoo Finance Chart. Jack Chan Safehaven.com chart report This Week In Gold communiates that Gold was posed for a breakout this week but faltered an went into a breakdown

This week World Stocks, VT, rose, 0.9%, as Nation Investment, EFA, rose, 0.9%, and as the Eurozone, EZU, rose 1.6% and the Emerging Markets, EEM, rose 1.7%. This week, US Stocks, VTI, and The Russell 2000, IWM, both rose 0.6%. And the S&P 500, SPY, rose 0.8%; with the chart of the S&P 500, $SPX, closing at $1,703, up  0.7%.

The S&P 500, SPY, closed at 170.25. Inasmuch as September 20, 2013, marked an Elliott Wave 5 High in the S&P 500; its current rise marks an Elliott Wave 2 High, from which the S&P 500 will fall into an Elliott Wave 3 Down; these are the most aggressive of all economic waves, creating the bulk of wealth on the way up, and destroying most of wealth on the way down.

Mark Zandi, in Calculated Risk PDF Document. gave testimony before the Joint Economic Committee on October 11, 2013, stating “equities … have been slowly grinding lower since mid-September.” Zandi, makes the case that Congress should end the shutdown and reverse the sequester in order to boost the economy. Yet the S&P 500, is a participant in the Great Bear Market which commenced that September 20, 2013, as reflected in the Market Off ETN, OFF, rising in value. The way is inexorably down now.

Nations rising strongly this week included the following

Egypt, EGPT, 5.5,

Israel, EIS, 3.8

India, INP, 3.4, SCIN, 2.1,

Brazil, EWZ, 2.7, EWZS, 2.5,

Spain, EWP, 2.4

Italy, EWI, 3.1

Greece, GREK,  2.9

Thailand, THD, 2.8,

Philippines, EPHE, 2.7

South Korea, EWY, 2.1

Argentina, ARGT, 1.4

Sectors rising this week to new rally highs included the following:

Solar, TAN, 3.0%

Design Build, FLM, 2.2

Leveraged Buyouts, PSP, 1.6

Resorts and Casinos, BJK, 1.4

Small Cap Industrials, PSCI, 0.9

Sectors falling strongly this week included the following:

Biotechnology, IBB, -5.4

Nasdaq Internet, PNQI, -2.9%

Internet Retail, FDN, -2.4,

these are the first investment casualties of the Great Bear Market.

Yield Bearing Sectors rising strongly this week included

Electric Utilities, XLU, 2.6%

Real Estate, IYR, 2.6, with REZ 3.6, FNIO, 3.0, ROOF 2.4, and DRW, 1.2.

Telecom, IST, 1.0

Shipping, SEA, 0.6

Small Cap Energy, PSCE, 1.9%, Energy Production, XOP, 1.7. both new rally highs on a lower price of Oil, USO, -1.0. Demand for Small Cap Industrials, PSCI, and Small Cap Energy, PSCE, have driven the Small Cap Growth Stocks, RZG, to a new rally high as investors have shunned Large Cap Value Stocks, JKF, as is seen in their combined ongoing Yahoo Finance Chart.

On Friday, Junk Bonds, JNK, rose 0.4%, and Ultra Junk Bonds, UJB, rose 0.1%, taking Aggregate Credit, AGG, 0.1% higher. The Interest Rate on the US Ten Year Note, ^TNX, closed at 2.68%.

An inquiring mind asks, is the JYN, which has been rising with the Interest Rate on the US Ten Year Note, ^TNX, on May 13, 2013, going to continue to rise from its October 11 value of 58.85?

Rob Sheridan of Bloomberg reports The cost of shipping iron ore, coal and grains along China’s coast rose to an 18-month high as surging imports of the commodities boost demand for vessels to redistribute them between the nation’s ports. The China Coastal Bulk Freight Index measuring the domestic shipping prices for commodities advanced 2.2% to 1,167 points in the past week, according to data from the Shanghai Shipping Exchange. It rose 11% since the start of the year and is now the highest since April 2012.  An inquiring mind asks, is the rise in Shipping Rates and Shipping Stocks, SEA, due to a growth in credit or a growth in China’s economy?

Reuters reports Two More Pipeline Deals as U.S. Shale Production Booms

Jim Lobe & Daniel Luban write The Messianic, Apocalyptic Bibi Netanyahu.

Itechpost relates The Samsung Galaxy Note 10.1 – 2014 Edition is now available in the U.S. from Amazon. The retailer just started offering both the 16GB and 32GB versions of the tablet. This powerful tablet provides fast performance in a sleek design that’s comfortable to hold. It features Samsung’s most efficient processor for fast Web browsing and multitasking and longer battery life.

Take Handwritten Notes and More with the S Pen. Included with the Galaxy Note 10.1 is Samsung’s S Pen, which is a digital pen that allows you to jot down notes, phone numbers, search terms, contact information, and more right on the display. Samsung’s handwriting-to-text engine automatically converts your written notes to digital type. The S Pen offers precise control along with access to shortcuts to a wide range of S Pen functions via the Air Command feature.

Use As a Universal Remote Control. Watching television just got simpler, thanks to the Galaxy Note 10.1′s built-in IR blaster, which allows you to use the tablet as a universal remote control. The Samsung WatchON feature lets you type in your zip code and cable provider to browse and search current TV listings and get personalized recommendations based on your viewing history.

Provide Curated Content with My Magazine. Built into the Galaxy Note 10.1 is Samsung’s My Magazine feature, which you can personalize with your favorite news sources, celebrities, sports teams, musical artists, and Twitter streams. Access it from the home screen by simply swiping up. My Magazine provides an easy, convenient way to keep track of everything that’s important to you.

Amazon is offering the Samsung Galaxy Note 10.1 – 214 Edition for $549 for 16GB and $599 for 32GB. The retailer is also including free shipping with the order.

6)  … Monday October 13, 2013, is Nobel Peace Prize Day. All things have fathers, that is starters. Liberalism’s floating currency regime was fathered by Milton Friedman, who presented the concept to President Nixon, who went off the gold standard, and commenced ongoing global war.

The Nobel Peace Plan should be awarded to and shared amongst, Dr. Friedman’s three liberal offspring; yes, these be the Milton Friedman of today.

First, Ben Bernanke, for effecting the No Taper Rally which drove up World Stocks, VT, to its September 20, 2013, high of 56.53.

Second, Mario Draghi, for stating that the ECB stands “ready to act accordingly and as needed to contain money market rates”, according to Jana Randow and Andre Tartar of Bloomberg. His words drove Italy, EWI, up 3.1%, Spain, EWP, 2.4% and Greece, GREK, 2.9%, as well as European Financials, EUFN, up 1.2%, for the week ending October 11, 2013.

Three Jeroen Dijsselbloem, President of the Eurogroup meeting of euro-zone finance ministers, Olli Rehn, Vice President of the European Commission responsible for economic and monetary affairs, Michel Barnier, EU Commissioner responsible for internal market and services, Klaus Regling, Managing Director of the European Stability Mechanism, Werner Hoyer, President of the European Investment Bank, who in the WSJ op-edited credit for the Eurozone’s economic recovery,

A Nobel Peace Prize should have been awarded to Treasury Secretary Hank Paulson. It was on Columbus Day 2008, that Alan S. Blinder in his book After the Music Stopped: The Financial Crisis, the Response, and the Work Ahead, wrote Paulson made a no strings offer to the banks to trade out money good US Treasuries for toxic debt owned by the banks, specifically assets like those traded in Fidelity Mutual Debt Funds FAGIX, this became known as the TARP program.

P Veronesi of The National Bureau Of Economic Research reports Paulson’s Gift. “We calculate the costs and benefits of the largest ever U.S. Government intervention in the financial sector announced the 2008 Columbus Day weekend. We estimate that this intervention increased the value of banks’ financial claims by $131 billion at a taxpayers’ cost of $25 – $47 billions with a net benefit between $84bn and $107bn. By looking at the limited cross section we infer that this net benefit arises from a reduction in the probability of bankruptcy, which we estimate would destroy 22% of the enterprise value. The big winners of the plan were the three former investment banks and Citigroup, while the loser was JP Morgan” .

The provision of TARP as a Fed Monetary policy was the genesis and foundation of QE, which underwrote the expansion of liberalism by securing the seigniorage of investment choice, and established the dynamos of corporate profit and global growth based upon investment opportunities in nation states, and underwrote trust in bankers, carry trade investing and credit, in particular Treasury debt, and which provided economic action of inflationism, and provided great wealth seen in World Stocks, VT, rising to its September 20, 2013 high value of 56.53, which has secured economic life in crony capitalism, clientelism and its dependency, European socialism, and Greek socialism.

Please consider the Dispensation Economist Manifest, which presents that Jesus Christ is at the helm of the Economy of God, and as presented by the Apostle Paul in Ephesians 1:10, is in administration of all things economic and political to fulfill and complete every age, epoch, era and time period. Through inflationism of the Banker Regime in particular through POMO and Quantitative Easing, produced peak moral hazard prosperity, peak wealth, peak democratic nation state sovereignty, peak banker seigniorage, through leveraged speculative investing by the issuance of debt and the practice of carry trade investing, on September 20, 2013, with the No Taper Rally, terminated liberalism. He has pivoted the world out of the paradigm of liberalism and into authoritarianism; where there will no longer be policies of investment choice and schemes of credit and carry trade investing; but rather policies of diktat and schemes of control and debt servitude

Now, Jesus Christ, in providing the Beast System, the Beast Ruler and the Beast Banker, as well as in providing the Four Horsemen of the Apocalypse, Revelation 6:1-8, is introducing a number of new things. These include, a new seigniorage, the seigniorage of diktat, and new dynamos, the dynamos of regional security, stability and sustainability, and a new trust, the trust in statist nannycrats, totalitarian collectivism, public private partnerships and debt servitude, and new economic action of destructionism, as well as a new action in nature, that being calamity and disaster, and new economic experience of poverty, as well as new economic life in regionalism.

Of timely note, Stefan Steinberg in WSWS writes New Reports Warn Of Mass Poverty And Social Decline In Europe. The social crisis in Europe is being consciously exploited by the continent’s political elite to affect a major redistribution of wealth from the bottom of society to the top

The fiat money system, that is the Milton Friedman Free to Choose Floating Currency Regime,  died September 20, 2013, with World Stocks, VT, Major World Currencies, DBV, and Emerging Market Currencies, CEW, trading lower; and the diktat money system is now in place for mankind’s economic and political action. There be no human action, as perceived by the Austrian economists and the Libertarians, rather only the action of Jesus Christ if providing the diktat money system, where all currencies ever-sink into the pit of financial abandon.

Dr Milton Friedman’s liberal offspring waived wands of magic prosperity in what Doug Noland termed wildcat finance. In Authorianism’s sinking currency regime, Angela Merkel has fathered authoritarian offspring, the Troika, who are waiving clubs of austerity in what I term wildcat governance.

7) … Summary, All things be of God, and He is bringing forth three beasts to rule mankind, which will provide diktat money to replace fiat money, which places liberty of conscience at risk.

All things be of God, 2 Corinthians 5:17-18.

Either one be of the of the like precious faith, 2 Peter 1:1, or one be one of fiat, which means “be it so

Thus either one be called, that is elect, and be made accepted in the Beloved; or one be of fiat. that is of mandate, established so, by authoritative decree.

Examples of those of fiat, that is those who be by authoritative decree, include the following:

1) … a person with inalienable rights, a citizen of the Unites States of America by decree of national constitution.

2) … a religious person, by declaration of membership in a church.

3) … a resident in a client state of a sovereign region, one of ten, called for by the Club of Rome in 1974; such as those living in Greece be residents of a client state, living under the sovereign authority of the EU ECB and IMF Troika in technocratic government, and by receiving seigniorage aid.

4) … a political person, a Republican, as these are such, by reference to and participation in social conservative values.

5) … an ethical person, by embracing and announcing and receiving affirmation by others, in statement, ie a Libertarian statement, such as Austrian economics Benson te who writes Almost all social order emerges undesigned and unplanned.

6) … or self appointmented ruler over others, ie a sociopath.

In contrast, the elect, those of like precious faith, participate in the divine nature, as they add to their faith seven things: virtue, knowledge, self moderation, perseverance, godliness, brotherly kindness, and love, 2 Peter 1:5-7.

A good conscience is a gift from God that comes in answer to prayer, Psalm 51:10. With practice, one can develop conscience so as to be acceptable to God and approved by others, Romans 14:18. It is through a good conscience, together with the additive process, and one another living, that one becomes a moral person in Christ.

The conscience is used to be reflective on one’s attitudes, behavior and speech, so as to show oneself to God, a worker who need not be ashamed, 2 Timothy 2:15.  It is in consistent application of the additive process, and in keeping God’s word, that is in maintaining and practicing His Word in attitude, speech and action, as well as respecting His presence and authority, Revelation 3:8, that one is able to maintain good works, as called for in Titus 3:8.

Said another way, The Believer receives the Word in faith and love, and attends to it with preparation, thanksgiving, prayer, and diligence, laying it up in his heart and practicing it in his life, so as to experience the divine nature and receive the exceeding great and precious promises of God, 2 Peter 1: 5-7.

Good character flows from conscience, the additive process, living the one another lifestyle, and maintaining good works. Faith of God.Net provides bible references for character.

Having life out of moral identity, one experiences a morally beneficial and spiritually fruitful life, 2 Peter 1:8. As one makes his calling and election sure, 2 Peter 1:10, he has wide acceptance into the everlasting Kingdom, 2 Peter 1:11.

And of course, one can be self deceived, as James says in James 1:26, If anyone among you thinks he is religious and does not bridle his tongue, he deceives himself and his religion is useless.

Those of the divine nature have values, ethics and virtues, that is moral excellencies, and live assured of God’s exceedingly great and precious promises.

Austrian economist and libertarian Mike Mish Shedlock complain Ten Real Problems

  1. Fractional Reserve Lending

  2. The Fed

  3. Lack of a gold standard

  4. Deficit Spending

  5. Public unions

  6. Davis Bacon and prevailing wage laws drive up costs

  7. Disability fraud

  8. Warmongering

  9. Politicians get into bed with corporations, unions, and crony constituents

  10. Lack of incentives to hold down costs on medicare, food stamps, and entitlements

If you fix the first four or five, most of the rest of the problems will be fixed automatically. The primary reason for wage inequity is the Fed’s inflationary boom-bust practices. In addition, public unions and untenable pension obligations drive up costs (and taxes). As I have stated dozens of times, inflation benefits those with first access to money (the banks and the already wealthy).

Please consider that from eternity past, God planned and brought forth liberalism, as part of his design for providing empires for governance; the most recent ones have been liberalism’s British Empire and the US Dollar Hegemonic Empire, the two iron legs presented in Daniel’s Statue of Empires, 2:25-45.

But these are being swept into the dustbin of history, as Jesus Christ is operating in Dispensation, that is in the administrative oversight of all things economic and political, Ephesians 1:10, introducing authoritarianism’s Beast Regime of regional governance and totalitarian collectivism, seen in Revelation 13:1-4, which is the same empire of the Ten Toed Kingdom, with its toes being a miry mixture of clay democracy and iron diktat, seen in Daniel 2:25-45.

The collapse of the first iron leg of liberalism’s empire came with the failure of the sovereignty of the British Empire in four stages. First, in 1948 the the UK was kicked out of Palestine with establishment of the State of Israel. Second, in 1951 Egypt repudiated the Anglo-Egyptian Treaty of 1936, and in 1954 the UK agreed to remove its troops, and withdrew is troops in 1956 Third, The Treaty of Maastricht was an amendment to the Treaty of Rome, to which the UK had become a signatory by terms of the Treaty of Accession of November 1972, Conservative Michael Spicer relates in History of the Maastricht Treaty.  Fourth, the UK transferred authority over Hong Kong in June of 1985.

Now the second iron leg is about to crumble as International Man relates in Casey Research What Ron Paul Told Me About The End Of Dollar Hegemony. And Benson te writes Why A US Debt Default Extrapolates To The End Of US Dollar Hegemony

Anthony Migchels of Real Currencies writes The Dying Dollar and the Rise of a New Currency Order.

The roles of a reserve currency are to finance international trade and to function as a store of value for Governments. Until the second world war it used to be the British pound, but with the demise of the British Empire, the pound lost its international relevance and was overtaken by the dollar. This was formalized in the 1944 Bretton Woods system. All other currencies were fiat currencies, but pegged to the dollar, which in turn was pegged to Gold at 40 dollars an ounce and redeemable for international trading partners.

The Eurodollar. With the dollar as the reserve currency, the US had to export dollars. In the early years after the war especially for Europe, the famous Eurodollars. This sounds great: print money and buy whatever you like. But with the Gold window it was also risky: overprinting could mean excess dollars would be exchanged back to Gold, depleting US Gold reserves.

This was also a weakness that those annoyed with American Hegemony could exploit. In 1967 the leftist press mogul Jean-Jacques Servan-Schreiber penned a famous screed called ‘le défi Américain’ (the American challenge’), arguing Europe was being colonized economically by superior American competition. France, at the time, was run by de Gaulle, who never was impressed with Anglo-American supremacy. He made a point of exchanging every dollar he could lay his hands on as a means to undermine it.

In the late sixties the situation got badly out of hand because of the Great Society and the Vietnam war, very costly projects that were deficit financed, leading to serious inflationary pressures. Inflation that the US tried to export, leading to an excess of dollars abroad. Especially the resurging Deutschmark’s appreciation became untenable. The Europeans started pressuring the US to fix its deficits, provoking the US Treasury Secretary John Connally famous cry ‘the dollar is our currency and your problem’.

But the situation had become unsustainable and Nixon was forced to close the Gold window to stop the depletion of US gold. This was the end of the Bretton Woods system and from then on the major currencies were floated freely in the international currency markets.

The Petrodollar. But it did not end the dollar reserve currency status, as the Empire had been found another basis for it: they reached an agreement with the House of Saud, to accept only dollars for its oil. The Sauds agreed to invest their dollar wealth on Wall Street, making the deal even more powerful for the Empire. Saudi Arabia controlled OPEC and the dollar was saved: international oil trading is financed with dollar only.

Since then we have been on an informal Black Gold standard, known as the petrodollar.

This situation was better than before, because overprinting of the dollar for international trade or to finance all sorts Empire projects could no longer be punished by depleting Gold reserves and would result only in rising prices.

In the last decade the problem of over printing was solved by artificially raising oil prices through the Peak Oil hoax, and ending Iraqi oil production. It must be understood that the Empire is not looking for more oil production. There is so much oil in the world that should it be drilled for freely, it would end the Money Power’s energy monopoly. The Iraq invasion and the quest for control of the Middle-East is to keep a lid on oil production. Saddam’s suicidal decision to accept euro for his oil only hastened his demise.

Even today Iraqi oil production is not even half of what it was before 1991. With the Western Oil companies now in charge, it will most likely never fully recover.

By raising the price for oil, the oil market has mopped up excess dollar supplies, which are now needed for the oil trade. As a result, the dollar has remained relatively stable in its value. Of course, it fits well with the agenda of decapitating the middle classes and under this agreement higher oil prices also means ever more oil profits invested in Wall Street.

Of course, the great boon of this for the Empire is that it can pay with worthless paper for real goods. It can eternally finance a major trade deficit.

Trade deficits are incorrectly understood as problematic.

From a nation’s point of view, the goal of trade is not to export, but to import. We export to give back for what we need from others. If you run the reserve currency, you don’t need to export as much as you import, because you can partially finance your imports with money printing. For all other nations this is impossible and trade deficits are lethal in the long run, as it leads to net capital outflow.

But the US Empire is in trouble. Its infrastructure is crumbling, its manufacturing base gone, it’s badly over extended. It needs ever more virulent threats to coerce the nations into dollar submission and just like Connally failed in 1971, the US is failing today. The Money Power is done with the Empire and the dollar and it is moving to the next phase. The dollar will have to step back and we are seeing a realignment.

The new currency order. China is moving towards a Gold backed yuan that will be very powerful in the international arena. Recently Australia, which is already completely dependent on China, with 30% of its exports going there, is preparing direct convertibility between the yuan and the Australian dollar, meaning they will no longer use US dollar to finance bilateral trade. This means less US dollars are needed in its reserve currency role.

And there is of course the euro, which, make no mistake, is in great shape. True, Eurocrat legitimacy is suffering because of the euro crisis, even in Germany the currency is losing support. But the euro crisis is purely for internal consumption, to sucker the nations into surrendering budget responsibility to Brussels. This is the final frontier for a full blown EU federalist Super State. While the euro is deeply hated, this is not really a problem for the Money Power: it isn’t in this business to make friends and it does not mind a big fight. It only fears real alternatives and these are nowhere to be seen. There is nobody proposing anything real, people are just letting off steam. Once they get their fiscal union, the crisis will quickly end. People have a short memory.

We are seeing the advent of the new currency order. There will be a number of more or less equal blocks: a dollar zone, a Yuan/BRICS zone and the euro, with the Yen and the Pound as lesser entities. These will later be able to converge to even more ‘cooperation’, in the Money Power’s relentless march towards World Currency.

These units will be at least partially Gold backed, implying long term deflationary pressures. Central Banks are buying Gold in major quantities, creating the interesting question why Gold prices have not risen in the last 18 months.

The problem for the United States will be to manage the transition. Trillions of dollars that will no longer be needed will have to be repatriated and this will lead to very strong inflationary pressures at home. It is unclear how the Fed is going to deal with that. It probably can’t. Furthermore, the US is probably in the worst of positions to deal with a new Gold standard. They claim to have 8,000 tonnes of Gold in Fort Knox, but nobody really believes that.

The hyperinflation scare that the Austrians have been promoting because of ‘money printing’ is ridiculous: we are in a stagflationary depression and prices are rising because of speculation, not because of excess money. But when the dollar loses its current status, long term price rises will become the norm. The Greatest Depression has only just started.

John Redwood, MP, writes Ministers and The UK Government. The UK has two governments for the price of three. Ministers are busier these days, because so much of what they do entails checking the EU government will let them do what they wish, or requires endless negotiation of new laws and requirements with their European partners. The EU has made huge changes to our constitution. One of the biggest is Parliament now regularly binds its successors,by rubber stamping EU law which a future UK Parliament cannot repeal. Another major change is Ministers are now not only beneath the law, but in the case of European law cannot change the law for the future when it gets in the way of good UK government (Unless the Commission, the European Parliament and other member states agree).

Given that Mr. Shedlock has complained about Liberalism’s Banker Regime, and Mr. Redwood about Eurozone interference in UK matters, it’s reasonable to believe they will complain even more about authoritarianism’s Beast Regime foretold in Revelation 13:1-4, its Beast Ruler, in Revelation 13:5-10, and Beast Banker in Revelation 13:12-18; their purpose to enforce authoritarianism’s policies of diktat and schemes of debt servitude and austerity, replacing liberalism’s policies of investment choice and schemes of credit and carry trade investment.

Diktat money has come of age. Diktat money is the developing form of money in the age of authoritarianism; diktat money will be the basis of The Beast System’s power.

Millions of LBJ’s grandchildren and great grandchildren are beginning to experience austerity with Head Start program reductions, which come with the US Government shutdown and its associated budget cuts; some 7,000 Preschool Children Nationwide Were Forced Out Of Classrooms, CBS News reports; and Millions Face Loss Of Day Care And Food As Shutdown Drags On, Samuel Davidson of WSWS report. Social program eliminations in programs such as Head Start are a form of diktat money.

Diktat money is defined as the compliance required, as well as the trust that is engendered, the debt servitude that is enforced, and the austerity schemes that are experienced, such as heavy losses on large bank deposits via bailins, levying additional taxes, privatizations, capital controls, import curbs of branded items, budget cuts in social programs such as Head Start, sale of a country’s central bank’s gold reserves, fiscal councils, such as those reported on by the IMF, Case studies of fiscal councils and The functions and impact of fiscal councils, and statist public private partnerships, which oversee regional economic commerce, trade, and the factors of production, as well as in the Eurozone, a fiscal union, where sovereign regional leaders, as well as sovereign regional sovereign bodies, such as the ECB, invoke mandates for regional security, stability, and sustainability.

Diktat money is the major form of money in the age of authoritarianism, the other is physical possession of gold and silver bullion; it replaces fiat money which prevailed during the age of liberalism.

Jesus Christ acting in dispensation, that is in the administrative plan of God for the fulfillment of every age, Ephesians 1:10,  pivoted the world from liberalism into authoritarianism on Friday September 20, 2013, as is seen the chart of World Stocks, VT, trading lower in value.

Fiat money died Friday September 20, 2013, with World Stocks, VT, Major World Currencies, DBV, and Emerging Market Currencies, CEW, trading lower, as Jesus Christ operating in dispensation, as presented by the Apostle Paul in Ephesians 1:10, that is in administrative oversight of all things economic and political, pivoted the world out of liberalism and into authoritarianism, and as such the stock market has turned from bull to bear with the Too Big To Fail Banks, RWW, trading lower in value.

Those ETF sectors which rallied over the last year and countries which rallied, from late June 2013 to late September, 2013, seen in this Finviz Screener, will be trading ever lower from the Tuesday October 1, 2013 rally, on competitive currency devaluation and on the exhaustion of the world central banks’ monetary authority, as investors come to greater realization that the US Fed’s monetary policies have crossed the Rubicon of sound monetary policy, and have made “money good” investments bad.

Friday, September 20, 2013, was liberalism’s day of investment instability that marked an inflection point that pivoted the world from the paradigm of liberalism into the paradigm of authoritarianism, and from a moral hazard based prosperity into a debt servitude based austerity, as the financial markets turning from risk-on to risk-off, as indicated by the Market Off ETN, OFF, trading higher, and the stock market turned from bull to bear. Risk on investing has turned to risk off disinvestment. Those companies which were were liberalism’s investment darlings will be authoritarianism’s loss leaders.

2 Responses to “Three Beasts Are Rising To Rule Mankind: The Beast System, The Beast Ruler, And The Beast Banker”

  1. DrunkenViking Says:

    It was interesting to read, but your constant need to quote a book of fairy tales(the bible) was getting tiresome. Yet, no matter what I say, no matter how much real evidence I give you, you will still believe that God exists. Even suggestions that he exists but was misinterpreted by mankind wouldn’t sway you. The problem is, that makes you the most ignorant and arrogant type of person. You have no common sense, reason and conscious thought are foreign and alien to you, instead, you have faith(which anyone with half a brain knows is a fancy title for ignorance).

    End short rant…

    • thediktatreporter Says:

      I find faith reasonable; and yes, it is the only thing that I live by: I live by the faith of the Son of God who loved me and gave his life for me. My only consciousness is that of the movement of the Spirit of the Living God, as in Him, I live and move and have my very being. Furthermore, I have the dream of the Apostle John, The Revelation of Jesus Christ, running like a stream through my mind, day and night; I must quote his Word; it is alive and real; it has transformed me from an ain’t into a saint. God bless you.

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