True Wealth Radio

Merry Christmas!!!

Simply put-Hard Assets have been the pinnacle form of wealth from the beginning of written human history. The bible ascribes true wealth to a few very select items, specifically Gold & Silver, Livestock, Real Estate, Human Life(Gods only creation that can create wealth) and precious stones. 

Precious Metals have served as money until the creation of fiat currency with the federal reserve act of 1913. From that point until now, the spending value of the dollar has dropped by 99.5% meaning what cost $1,000 in 1900 now costs $200,0000+++. The entire establishment is designed to deceive us into the paper inflation that will literally ultimately in time consume every dollar we own.

Precious metals were created by God as the permanent for of wealth that are first mentioned in The Binble-Genesis Chapter 2, throughout the entire bible through the great temple of Solomon, Gold was the first  gift given to Christ as an infant and the bible is very clear that heaven is fully loaded and bedecked with gold. 

The one and only way to assure permanent wealth is to secure your wealth in biblically endorsed hard assets.

Funny, true and scary at the same time. For those who wonder why they should diversify their retirement savings plans... Quote Q: What are banks for? A: To make money. Q: For the customers? A: For the banks. Q: Why doesn’t bank advertising mention this? A: It would not be in good taste. But it is mentioned by implication in references to reserves of $249,000,000,000 or thereabouts. That is the money they have made. Q: Out of the customers? A: I suppose so. Q: They also mention Assets of $500,000,000,000 or thereabouts. Have they made that too? A: Not exactly. That is the money they use to make money. Q: I see. And they keep it in a safe somewhere? A: Not at all. They lend it to customers. Q: Then they haven’t got it? A: No. Q: Then how is it Assets? A: They maintain that it would be if they got it back. Q: But they must have some money in a safe somewhere? A: Yes, usually $500,000,000,000 or thereabouts. This is called Liabilities. Q: But if they’ve got it, how can they be liable for it? A: Because it isn’t theirs. Q: Then why do they have it? A: It has been lent to them by customers. Q: You mean customers lend banks money? A: In effect. They put money into their accounts, so it is really lent to the banks. Q: And what do the banks do with it? A: Lend it to other customers. Q: But you said that money they lent to other people was Assets? A: Yes. Q: Then Assets and Liabilities must be the same thing? A: You can’t really say that. Q: But you’ve just said it! If I put $100 into my account the bank is liable to have to pay it back, so it’s Liabilities. But they go and lend it to someone else, and he is liable to have to pay it back, so it’s Assets. It’s the same $100 isn’t it? A: Yes, but…. Q: Then it cancels out. It means, doesn’t it, that banks haven’t really any money at all? A: Theoretically…… Q: Never mind theoretically! And if they haven’t any money, where do they get their Reserves of $249,000,000,000 or thereabouts?? A: I told you. That is the money they have made. Q: How? A: Well, when they lend your $100 to someone they charge him interest. Q: How much? A: It depends on the Bank Rate. Say five and a-half percent. That’s their profit. Q: Why isn’t it my profit? Isn’t it my money? A: It’s the theory of banking practice that……… Q: When I lend them my $100 why don’t I charge them interest? A: You do. Q: You don’t say. How much? A: It depends on the Bank Rate. Say a half percent. Q: Grasping of me, rather? A: But that’s only if you’re not going to draw the money out again. Q: But of course I’m going to draw the money out again! If I hadn’t wanted to draw it out again I could have buried it in the garden! A: They wouldn’t like you to draw it out again. Q: Why not? If I keep it there you say it’s a Liability. Wouldn’t they be glad if I reduced their Liabilities by removing it? A: No. Because if you remove it they can’t lend it to anyone else. Q: But if I wanted to remove it they’d have to let me? A: Certainly. Q: But suppose they’ve already lent it to another customer? A: Then they’ll let you have some other customers money. Q: But suppose he wants his too….and they’ve already let me have it? A: You’re being purposely obtuse. Q: I think I’m being acute. What if everyone wanted their money all at once? A: It’s the theory of banking practice that they never would. Q: So what banks bank on, is not having to meet their commitments? A: I wouldn’t say that. Q: Naturally. Well, if there’s nothing else you think you can tell me….? A: Quite so. Now you can go off and open a banking account! Q: Just one last question. A: Of course. Q: Wouldn’t I do better to go off and open up a bank

THE CREATION OF THE WORLD--THE FIRST THINGS CREATED--THE ALPHABET--THE FIRST DAY--THE SECOND DAY--THE THIRD DAY--THE FOURTH DAY--THE FIFTH DAY--THE SIXTH DAY--ALL THINGS PRAISE THE LORD

In the beginning, two thousand years before the heaven and the earth, seven things were created: the Torah written with black fire on white fire, and lying in the lap of God; the Divine Throne, erected in the heaven which later was over the heads of the Hayyot; Paradise on the right side of God, Hell on the left side; the Celestial Sanctuary directly in front of God, having a jewel on its altar graven with the Name of the Messiah, and a Voice that cries aloud, "Return, ye children of men."

When God resolved upon the creation of the world, He took counsel with the Torah. Her advice was this: "O Lord, a king without an army and without courtiers and attendants hardly deserves the name of king, for none is nigh to express the homage due to him." The answer pleased God exceedingly. Thus did He teach all earthly kings, by His Divine example, to undertake naught without first consulting advisers.

The advice of the Torah was given with some reservations. She was skeptical about the value of an earthly world, on account of the sinfulness of men, who would be sure to disregard her precepts. But God dispelled her doubts. He told her, that repentance had been created long before, and sinners would have the opportunity of mending their ways. Besides, the Temple service would be invested with atoning power, and Paradise and hell were intended to do duty as reward and punishment. Finally, the Messiah was appointed to bring salvation, which would put an end to all sinfulness.

Nor is this world inhabited by man the first of things earthly created by God. He made several worlds before ours, but He destroyed them all, because He was pleased with none until He created ours. But even this last world would have had no permanence, if God had executed His original plan of ruling it according to the principle of strict justice. It was only when He saw that justice by itself would undermine the world that He associated mercy with justice, and made them to rule jointly. Thus, from the beginning of all things prevailed Divine goodness, without which nothing could have continued to exist. If not for it, the myriads of evil spirits had soon put an end to the generations of men. But the goodness of God has ordained, that in every Nisan, at the time of the spring equinox, the seraphim shall approach the world of spirits, and intimidate them so that they fear to do harm to men. Again, if God in His goodness had not given protection to the weak, the tame animals would have been extirpated long ago by the wild animals. In Tammuz, at the time of the summer solstice, when the strength of behemot is at its height, he roars so loud that all the animals hear it, and for a whole year they are affrighted and timid, and their acts become less ferocious than their nature is. Again, in Tishri, at the time of the autumnal equinox, the great bird ziz flaps his wings and utters his cry, so that the birds of prey, the eagles and the vultures, blench, and they fear to swoop down upon the others and annihilate them in their greed. And, again, were it not for the goodness of God, the vast number of big fish had quickly put an end to the little ones. But at the time of the winter solstice, in the month of Tebet, the sea grows restless, for then leviathan spouts up water, and the big fish become uneasy. They restrain their appetite, and the little ones escape their rapacity.

11/28/2018 Investment Opportunity-Once in A Lifetime Morgan Dollar Investment Opportunity. Trade your Bullion or Cash & Follow The Experts now. Call COINSPlus 509-444-0044

COINSPlus has acquired a once in a lifetime hoard of morgan and peace silver dollars constructed by a severely knowledgable and refined investor. These coins are being certified and should be back to COINSPlus in the next week or 2. COINSPlus believes this is a once in a lifetime opportunity to secure your investment portfolio like never before and never again. Never again will we see a group of dollars like this. We are encouraging all serious investors to deliver cash or bullion today to secure their position for delivery within the next couple of weeks. 

11/26/2018

The History of the Morgan Silver Dollar

The Morgan silver dollar was first minted from 1878-1904, and again in 1921. Following the passage of the Bland-Allison Act in 1878, which required the U.S. Treasury to purchase a specified amount of silver to be circulated as silver dollars, Morgan dollars quickly stockpiled in the Treasury and bank reserves.

The act was passed during the height of the bimetallism movement in America, or the use of both silver and gold standards. With tens of millions of coins minted in a particular year alone, Morgan dollars continue to be one of the most widely circulated silver bullion today.

How Much Silver is in a Morgan Dollar?

They contain 90 percent silver and 10 percent copper, which makes them easy to buy and sell at lower prices. While common date Morgan dollars are often close to the spot price of silver, The low mintage, high-grade coins can sell for thousands of dollars each.

The Demand for Silver Dollars

While Congress deliberated over the silver question in 1877, demand for a new silver dollar was driven by the Comstock Lode in Nevada, which was excavating unfathomable masses of silver. Mint Director Henry P. Linderman directed his chief engraver, William Barber, and his assistant, George T. Morgan, to create designs for a new silver dollar. The best design would prevail. The mint director, supposedly dissatisfied with Barber’s work, rigged the contest in Morgan’s favor, and Morgan’s design won.

The Design

Morgan enlisted Philadelphia teacher, Anna Willess Williams, to model for his depiction of Miss Liberty. A left-facing portrait head of Liberty is featured on the coin’s obverse, with a somewhat gaunt eagle depicted on the back, giving the Morgan its nickname: “buzzard dollar.”

In an unprecedented move, Morgan initialed each side of the design with an “M.” Shortly after its first mint, critics noted the Morgan eagle mistakenly had eight tail feathers instead of seven, and therefore some 1878 coins may depict either, with seven being the rarer.

It’s reported that over half a billion Morgan coins were struck between 1878 and 1921. Most of the output came from the original mint facility in Philadelphia, while Carson City, New Orleans, and San Francisco sites also made them. Carson City ended production when it closed doors in 1893, later making them a valuable commodity among numismatists.

Even after minting ended in Carson City, the vault there stored millions of Morgans, which were transferred to Washington in 1900 and kept sealed. Later, in 1921, the Denver mint also produced Morgan dollars.

The 1921 Silver Dollar

After passage of the Pittman Act in 1918, the Morgan dollar was reintroduced in 1921. The act mandated earlier Morgans — almost 270 million coins — be melted and replaced by the Peace design by the end of 1921.

The Pittman Act & the Growing Demand for Silver

The Pittman Act was largely a response to the growing demand for silver during WWI, as the world’s currency - gold - was no longer available. Britain faced another crisis in India, and used silver certificates to pay for the ongoing war efforts and to suppress rebellion in the colony.

Britain turned to America to purchase silver to back their certificates, and, combined with mounting pressure from Western miners to purchase their silver, the U.S. turned again to the Morgan dollar. Congress agreed to purchase bullion at above market prices from mining companies after the war, and replace each melted Morgan coin with a new mint.

The Great Depression & the Silver Act of 1942

After the war, and as the price of silver rose again during the Great Depression, pressure from the mining industry again gave way to new silver policy, even while public demand for silver coins was low. Following the Silver Act of 1942, 53 million more silver dollars - both Morgan and Peace designs - were sent to the melting pot.

Notwithstanding massive melts, the Treasury, as well as banks and mints, amassed stockpiles of morgans in their vaults, as buyers in the 1930s typically sought out lower face-value coins.

However, during this time, the hobby of numismatics started to gain popularity, and Carson City Morgans and other rarer mints became popular among some collectors through the 1940s and '50s.

The Decline of Silver Certificates

In the early 1960s, Federal Reserve Notes began replacing silver certificates, and silver certificates were exchanged for silver bullion and granules, rather than in coins. This was a result of the rising price of silver, which gave investors an opportunity to redeem certificates at a high profit.

The treasury could no longer sustain the price of silver, and again liquidated hundreds of bags of Morgan dollar coins (each bag held 1,000 coins) between the years 1962-64.

Hoarding Silver Dollars

The remaining Morgans held in the treasury’s vault were primarily rarer Carson City mints. From 1972-80, the government released these Morgans in mail-bid sales, generating a nice profit for the Federal Reserve.

During this time, interest in collecting Morgans gained steam again, especially after a 400 bag hoard (about 400,000 coins) was discovered in the home of the deceased collector, LaVere Redfield in 1977, selling for $7.3 million dollars. In the early 80s, the Continental Bank released a hoard of 1.5 million Morgans, further distributing them among eager numismatists.

1895: The King of Morgans

The rarest of the Morgan dollars is the 1895 mint, often referred to as the “king of the Morgans.” Of 12,880 mints struck that year, only 880 survived the melting pot, making the 1895 Morgan extremely rare at the time. It’s estimated that 500 or less survive today.

In the early 1900s, a few investors and dealers collected them in hoards. Meanwhile, other Morgan strikes, such as the 1904-O, are very common, making regular appearances at auctions today.

How Many Morgan Dollars Exist Today?

In all, over 657 million Morgan silver dollars were produced over the years, with 96 date and mint varieties circulating the market. They were widely bought in the West, while they failed to gain momentum in the East.

Hoards remained untouched until the mid 20th century, which helps explain why many coins are in such good condition today. While Morgan silver dollars took decades to gain popularity, they retain a notable pedigree among collectors today.

11/16/2018

The Shroud of Turin

A good detective does not rely on one piece of evidence. Instead he gathers and weighs all the facts. Here are the pieces of evidence which I find compelling.

1) The image. It is not a stain, nor is it painted on the Shroud. It is not burned on in a conventional heat application method. Instead it is seared on to the cloth with a technology that has yet to be explained. Not only can scientists and historians not reproduce the image using medieval technologies, they can’t reproduce it with modern technology.

Italian scientist Paolo DiLazzaro tried for five years to replicate the image and concluded that it was produced by ultraviolet light, but the ultraviolet light necessary to reproduce the image “exceeds the maximum power released by all ultraviolet light sources available today.” The time for such a burst “would be shorter than one forty-billionth of a second, and the intensity of the ultra violet light would have to be around several billion watts.”

2) The 3D capabilities of the image. The image of the man on the Shroud can be read by 3D imaging technology. Paintings fail this test.

3) The evidence of crucifixion. The wounds of the crucified man are all consistent not only with Roman crucifixion, but the details of Jesus’ particular crucifixion – the scourging, the crown of thorns, no broken bones, and the wound in the side. In addition, medieval paintings show the nails in the palm of Christ’s hands, the Shroud shows the nail wounds in his wrists which is anatomically correct. The flesh of the palms would not have supported the weight of the man’s body.

4) Geography. Pollen from the Shroud is not only from the Jerusalem area, but from Turkey and the other places the Shroud is supposed to have resided. Dust from the area of the image by the knees and feet is from the area around Jerusalem.

5) The evidence of Jewish burial customs. The Shroud details are perfectly consistent with first-century Jewish burial customs. There are even microscopic traces of the flowers that would have been used in the burial-flowers that grew locally and were known to be used for burial. In addition, traces of the spices used for Jewish burial have been discovered.

6) The blood and the image. The bloodstains on the Shroud are real human blood, not paint. The flow of the blood accurately reflects crucifixion and subsequent burial. The image was seared on the linen after the bloodstains. The fact that the bloodstains retain their reddish colour is evidence that the blood came from a person under extreme duress. The most recent finding again suggests that the crucified man was tortured.

7) The type of cloth. The cloth is consistent with fabrics from first-century Israel, but not with medieval Europe. A forger would have had to not only forge the image, but would have had to have detailed knowledge of linen weaves of the first century and then not only reproduce it, but age it convincingly.

We are not obliged to believe in the Shroud; it is undeniably mysterious. Having said that, it is also mysterious how dismissive most sceptics are. They cry out for scientific evidence, but when evidence is produced few really examine it closely. They simply shrug and say, “Well, we just don’t know. Nothing has been proven. All we have is an old cloth for which there is no explanation as yet.”

One of the principles of creative scepticism is that the obvious answer is usually the right one. The obvious answer, to my mind, is that the Shroud of Turin is the burial cloth of Jesus Christ.

I believe the Shroud is authentic, but if skeptics come up with a convincing answer to the questions the Shroud presents I am open-minded. My faith is rooted in the Resurrection, not the Shroud itself. The fact that the Shroud remains a mystery is a reminder of that other verse from the New Testament that “we walk by faith and not by sight.”

The Possession of Gold Has Ruined Fewer Men Than The Lack of It

10/24/2018

How has America evolved from the traditionally conservative Christian roots established by its founding fathers to a nation of God-Haters, Christian Persecutors and angry left wing mobs gravitating into deeper and deeper violence while police officers stand by and do nothing. There was a series of key figures that impacted the globe in a hard core socialist way beginning in the mid-1800’s which has grown as a cancer that has now infiltrated its way into every aspect of this nations critical fabric.

The series of individuals that began this impact were, chronologically: Charles Darwin 1809-1883, Karl Marx 1818-1883 followed by John Maynard Keynes 1883-1946. Keynes stated that Marxism was all about the money and was quoted that his “fiat” economic system was “the necessary ingredient for Marxism to prevail”. Keynes was also quoted as stating: 

By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.  By this method, they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some.  The sight of this arbitrary rearrangement of riches strikes not only at security, but at confidence in the equity of the existing distribution of wealth.  Those to whom the system brings windfalls . . . become 'profiteers', who are the object of the hatred of the bourgeoisie, whom the inflationism has impoverished not less than the proletariat.  As the inflation proceeds . . . all permanent relations between debtors and creditors, which form the ultimate foundation of capitalism, become so utterly disordered as to be almost meaningless.