The Rider On The White Horse Who Has The Bow Of Economic Sovereignty Terminates Nation State Democracies And The Banker Regime Of Floating Currencies … A Guide To Experiencing The Full Salvation Of God … In The Age of Recession And Authoritarianism

Financial Market Report for the week ending December 20, 2013

This report is published in Google Documents format here

1) … An inquiring mind asks, are you experiencing the full salvation of God?

Please consider the concept of “keeping Christ’s Word” as presented in Revelation 3:8  “ I know your deeds. See, I have placed before you an open door that no one can shut. I know that you have little strength, Yet you have kept My Word and have not denied my Name,” so as to experience the full salvation of God.

The Apostle John wrote from prison, while living in exile on The Isle of Patmos about 90 AD, the contents of a dream given to him by angels.

The Revelation Of Jesus Christ, which foretells those things which must shortly come to pass, these being presented in Revelation 1:1, means a series of events, that once they begin, as they did on October 23, 2013, when Jesus Christ, acting in dispensation, that is in the administration of all things economic, PIVOTED the world from the paradigm and age of liberalism into that of authoritarianism, by releasing the First Horseman of The Apocalypse, presented in Revelation 6:1-2.

The Rider on the White Horse, who has a bow, yet no arrows, symbolizing his economic sovereignty  over the world, is effecting a bloodless global coup d’état, and is transferring sovereignty from nation states to regional nannycrats and regional bodies such as the ECB, by calling the Interest Rate on the US Ten Year Note, ^TNX, the “Means of Economic Destructionism”, higher from 2.48%, and by steepening the 10 30 US Sovereign Debt Yield Curve, TNX:$TYX, seen in the Steepner ETF, STPP, steepening, thereby destroying fiat money.

“Keeping Christ’s Word”, while is something that was a responsibility of saints throughout the ages, is a special responsibility of the end time saint, so as to know the full salvation of God, a salvation that is produced in those living after October 23, 2013, who are both obedient to His Word and who also do not deny Christ’s Presence and Authority, as Christ has not only established a new paradigm and age, and has not only transferred sovereignty from nation states to regional nannycrats and regional bodies, and has not only destroyed fiat money, but established fifteen New Things, through the “extinction event” of opening the first seal of the scroll of end time events.

There was a death of many things on October 23, 2013. The “extinction event” was like a hard frost, that is a “killing frost”, that produced the death for example of fiat money, but not fiat wealth; it died December 20, 2013, as the Benchmark Rate Interest Rate, ^TNX, rose to 2.89%, and as the debt trade that is Junk Bonds, JUNK, and two currency carry trades, the Euro Yen, EUR/JPY, cross and the Dollar Yen, USD/JPY, cross SWELLED, the Eurozone, EZU, and the US, VTI, while at the same time a currency carry trade, the CEW/JPY, cross, DESTROYED, wealth in the Emerging Markets, EEM.

Fiat Money, is defined as Aggregate Credit, AGG, and Major World Currencies, DBV, and Emerging Market Currencies, CEW. Fiat money is, better said was, coined by sovereign nation states and their banks. And in turn people used fiat money to invest in fiat wealth, like World Stocks, VT, and  educations, marriages, partnerships, personal property like real estate, and the list goes on and on.

While fiat money was made extinct, fiat wealth, that is the product of fiat money, things people invest in, continued to increase in value until the end of November  2013. Then fiat wealth, decreased in value for the first time the week ending December 6, 2013, and then decreased in value for the second time the week ending December 13, 2013, as is seen in the Weekly Charts of World Financials, IXG, Nation Investment, EFA, and World Stocks, VT,  and then rallied back up the week ending December 20, 2013.

Wikipedia’s Timeline of Extinctions, should include fifteen New Things, such as investment choice, but doesn’t, because it does not give consideration to dispensationalism, which is defined as as the concept that Jesus Christ is exercising administrative management of all things in each of mankind’s ages, to make them full, Ephesians 1:10, Ephesians 3:2, Ephesians 3:9, Colossians 1:25.

Dispensationalism comes from Strong’s Greek word oikonomia, #3622, dispensation, and means household dispensing, household stewardship, household management and economic oversight of property for the completion of every age, era, and epoch and time period. Dispensations are time of mercy and judgment.

Dispensationalism produces both the “saints” and the “aints”.

MB-Soft relates Dispensational theology grows out of a consistent use of the hermeneutical principle of normal, plain, or literal interpretation. This principle does not exclude the use of figures of speech, but insists that behind every figure is a literal meaning. Applying this hermeneutical principle leads dispensationalism to distinguish God’s program for Israel from his program for the church. Thus the church did not begin in the OT but on the day of Pentecost, and the church is not presently fulfilling promises made to Israel in the OT that have not yet been fulfilled.

The Dispensation Economics Manifest, that is the dispensation ideology, is the foundation for a life experience of economic action in the person of Christ, having His virtue and ethics, and this establishes one as elect, living in spirituality and righteousness, separating from fiat who live in death, carnality and iniquity.

As revealed in the last book of the Bible, The Revelation of Jesus Christ, the sovereign Lord God, is establishing a new order consisting of fifteen New Things in Christ, on October 23, 2013, by releasing the First Horseman of The Apocalypse, Revelation 6:1-2, the Rider on the White Horse. The New Things of Christ are presented in the Dispensation Economics Manifest, which is based upon Ephesians 1:10, the biblical revelation that Jesus Christ is operating in dispensation, that is the household management plan of God to mature, complete and fulfill all things in every age.

Corollary #1 from the Dispensation Economics Manifest, Christ is establishing the new normal of a new paradigm and age. As the bond vigilantes on October 23, 2013, have PIVOTED the world out of the paradigm of liberalism to that of authoritarianism, by calling the Interest Rate on the US Ten Year Note, ^TNX, the “Means of Economic Destructionism”, higher from 2.48%.

Liberalism was characterized by inflationism. Monetary inflation, that is credit inflation, seen in Aggregate Credit, AGG, increasing in value, and currency inflation, seen in Major World Currencies, DBV, and Emerging Market Currencies, CEW, likewise rising in nominal value, fueling economic growth and global trade, where the banker regime financialized nation state fiat money and energized fiat wealth with both debt trade investing and currency carry trade investing.

The affect of The Rider on the White Horse is fiat money destruction, as investors no longer trust that the monetary policies of the world central banks to stimulate global economic growth and global trade. Investors, in particular the bond vigilantes, believe that the world central banks’ monetary policies have crossed the rubicon on sound monetary policy and have made “money good” investments bad, and have been acting in debt deflation together with the currency traders to profit from the destructionism of the First Horseman of The Apocalypse. His ride is just the beginning of sorrows.

Authoritarianism is characterized by destructionism. Monetary deflation, that is credit deflation, where Aggregate Credit, AGG, World Government Bonds, BWX, European Debt, EU, fall in value, and currency deflation, Major World Currencies, DBV, Emerging Market Currencies, CEW, decrease in value, as seen for example in the Ambrose Evans Pritchard report Eurozone M3 money plunge flashes deflation alert, and stimulating investors to derisk out of fiat wealth, that is World Stocks, VT, as is seen in the Risk Off ETN, OFF, rising in value, which terminates global economic growth and global trade, and introduces economic recession, where the beast regime of regional governance and totalitarian collectivism rules via diktat money. The nation state banker regime that produced fiat money, and for economic growth, and investment gain, being part of liberalism, is gone forever.

Eurzone stocks, EZU, and European Financials, EUFN, slumped beginning the week ending December 6, 2013. The Netherlands, EWN, was a Euro Yen, EUR/JPY, currency carry trade darling; now investors consider the nation and its companies, AEGON, AEG, ASML Holding, ASML, Reed Elsevier, ENL, ING Group, ING, Koninklijke Philips Electronics, PHG, and Vistaprint, VPRT, to be dogs and are selling them strongly, on a Bloomberg report of the ECB’s Mario Draghi Mandate that prevents lenders from using future loans it provides to buy sovereign debt.

Likewise, the UK, EWU, which was a British Pound Sterling Yen, GBP/JPY, favored currency cross, slipped the week ending December 13, 2013, as investors derisked out of Prudential, PUK, WPP, WPPGY, ARM Holdings, ARMH, Diageo, DEO, Reed Elsevier, RUK, Smith & Nephew, SNN, and Lloyds Banking Group, LYG, in ongoing trepidation of the outcome of the ECB’s Mario Draghi Mandate.

Liberalism was characterized by economic growth coming by the operation of the dynamo of creditism, corporatism and globalism, which bubbled up Total Credit, as presented in Federal Reserve Chart of TCMDO to stand at 58,082 Trillion, as of QE 2013. Benson te presents the concept that the UK’s economic growth was due to the growth of credit, and provides BoE documents showing credit growth in real estate, hotel and restaurants and construction, beginning when the BoE began it second wave of QE in late 2011.

MyBudget360 posts The sweet spot in life under liberalism came through credit. It came via the crack up boom liberality of the world central bankers monetary authority, in particular the Bernanke put in late 2010 with QE2, and getting leveraged up, on debt trades, currency carry trades, and margin credit, together with a sell of gold, to experience economic life in economic systems such as clientelism, crony capitalism, European socialism, Greek socialism, and Chinese communism.

Liberalism produced the maximum quantity of investment stimulus possible. As of Friday December 13, 2013, the world stood at peak investment stimulus supply, as is seen in the topping out of both Junk Bonds, JNK, and the EUR/JPY, producing peak fiat wealth on December 2, 2013, seen in Global Financials, IXG, Nation Investment, EFA, and Nation Investment, VT, and Yield Bearing Investments, such as Energy Production Companies, XOP, Energy Partnerships, AMJ, and North American Energy Partnerships, EMLP, having topped out.

Jesus Christ is acting in dispensation, that is He is maturing,  and completing authoritarianism, through releasing all of the Four Horsemen of the Apocalypse to accomplish a deflationary bust, seen in Revelation 6:1-8, and bringing it to its zenith through debt servitude, where there will be an ever increasing crushing economic recession and austerity, as one experiences economic life in the dynamo of regionalism, as is foretold in Revelation 13:1-4, Daniel 2:25-45, and Daniel 7:7.

The benefit for the believer of being aware of, seeing, and experiencing the ride of the Four Horsemen of the Apocalypse, seen in Revelation 3:1-8, is that one comes to experience the worst of life’s hardships, enabling God’s salvation to take hold fully and finally.

One’s grace for receiving the full salvation of God comes from practicing His Word in speech and action, as well as respecting His presence and authority as presented in Revelation 3:8: I know your deeds. See, I have placed before you an open door that no one can shut. I know that you have little strength, Yet you have kept my Word and have not denied my Name.

2) … Going into the week of December 16, 2013, to December 20, 2013,

A stock broker might encourage yield bearing investments, such as Energy Producers, XOP, presented in this Finviz Screener, as well as Energy Partnerships, AMJ, and North American Energy Partnerships, EMLP; yet these have topped out in value, as the bond vigilantes began calling the Interest Rate on the US Ten Year Note, ^TNX, higher from 2.48% on October 23, 2013. With the bond vigilantes and currency traders successfully carrying out a war of debt deflation against the world central bankers, one should shun these investments.

The Investor’s Weather Vane ETFs, Call Write Bonds, CWB, is topping out  and Volatility ^VIX, ETFs, TVIX, VIXY, VIXM, are plummeting; establishing that the long running bull market has run its course and is turning into a bear market.

The ten ETFs, STPP, HDGE, XVZ, OFF, JGBS, EUO, HYHG, SAGG, SLV, GLD, seen in this Finviz Screener are bottomed out, and could be used as a basis of margin for a short selling account.  For a while I present these at no cost to investors in my Stockcharts.com Chartsite

CP of Credit Bubble Stocks posts Credit spreads lowest since October 2007  “The bottom line is that people have a lot of cash, and there’s a willingness to put it to work,” Mish said in a telephone interview. “I’m not saying that’s the prudent thing to do, but irrespective of the return forecast we have for next year, there’s a significant feeling that people need to earn more than zero.”

Many investors failed to invest in QE’s riskless trade, and having seen equity investments, such as Dividend Growth, VIG, and World Stocks, VT, grow in value, as well as credit investments, such as  Junk Bonds, JNK, and Distressed Investments, FAGIX, increase in value, are expressing a desire for “return on investment”.  Investors should consider that even “return of capital” is at risk, in what has been safe investments, such as Short Term Corporate Bonds, FLOT, and US Short Term Government Notes, SHY, as the bond vigilantes call the Benchmark Rate, ^TNX, ever higher from 2.86%.

During the week ending December 13, 2013, Global Financials, IXG, led Nation Investment, EFA, and World Stocks, VT, lower, as the Bond Vigilantes continued calling the Benchmark Interest Rate, ^TNX, higher from 2.8%, and steepening the 10 30 US Sovereign Debt Yield Curve.

The bond vigilantes in calling the Benchmark Rate, ^TNX, higher from 2.8%,  and in steepening the 10 30 US sovereign debt Yield Curve, $TNX:$TYX, are effecting eight pivotal economic and investment changes: 1) destroying Banks, IXG, worldwide,  2) destroying the sovereignty and seigniorage of nation states, EFA, such as debt impaired Italy, EWI, global trade South Korea, EWY, global industrial mining Australia, EWA, the current account deficit BRICS, EEB,  3 and 4) destroying global industrial production and global growth,  5) and are destroying yield investment in Real Estate, IYR, Global Real Estate, DRW, and Global Utilities, DBU, Utilities, XLU, Global Telecom, IST, Global Health Care, IXJ, and Health Care Provider, IHF, and Medical Devices IHI, as is seen in the ongoing Yahoo Finance chart of DRW, IST, PSP, DBU, IXJ, and IHI,  6) investment in consumer spending,  7) investment in infrastructure development, as is seen in the ongoing Yahoo Finance Chart of PKB, CHXX, INXX, BRXX, 8) energy production, XOP

And, the currency traders in selling currency carry trades reinforces the destructionism of bond vigilantes. For example, the currency traders have followed on the heels of the bond vigilantes by selling the Swedish Krona Japanese Yen cross, SEK/JPY, FXS:FXY, destroying nation investment in Sweden, EWD, and its consumer goods producer and automobile parts manufacturer, ALV.

In short the bond vigilantes, by calling the Interest Rate on the US Ten Year Note, ^TNX, higher from 2.80%, and the currency traders by selling currency carry trades, have have introduced financial market risk, into what was under QE a riskless trade, and have PIVOTED the world out of the paradigm and age of liberalism and into that of authoritarianism. Their combined actions are unleashing waves of recession, and societal strife, such as in the WSW report, Italy’s Pitchfork Movement and The Telegraph report Italy’s president fears violent insurrection in 2014 but offers no remedy;  and are commencing Kondratieff Winter. Truly the Benchmark Interest Rate, ^TNX, can be called the “Means of Economic Destructionism”.

The Elliott Wave 3 of 3 Up that commenced with the bond vigilantes calling the Benchmark Interest Rate, $TNX, higher from 2.48%, on October 23, 2013, will be seen in the Risk Off ETN, OFF, trading higher, and will be unleashing destructionism replacing inflationism, as it has already PIVOTED the world out of the paradigm and age of liberalism and into that of authoritarianism. The Elliott Wave 3 of 3 Waves are the most sweeping of all waves, they create the bulk of wealth on the way up, and destroy most of the wealth on the way down. This wave will make the bankers holding Interest Rate Swaps, that came as part of liberalism’s POMO, awesomely wealthy.

An investment demand for gold will be commencing as fiat money, and now fiat wealth, will be turning lower in value, both collapsing into the Pit of Financial Abandon. Under authoritarianism, the only two forms of sovereign wealth and sustainable wealth will be the physical possession of gold bullion and diktat; the only form of bartering wealth will be silver bullion and sexual services.

CP of Credit Bubble Stocks presents Total Debt (Credit Market Instruments) Vs Money Supply.  Please consider the concept Total Credit is a component of fiat money, and the other component of  fiat money is Major World Currencies, DBV, and Emerging Market Currencies, CEW.  And please consider that M2 Money, is fiat wealth, not fiat money, even though it has the word money in it.

Fiat money produces fiat wealth, or better said produced (that is past tense) fiat wealth,such as World Stock, VT, and personal property such as realeEstate (like a physical structure that is lived in), Commodities, DBC, such as Corn, CORN, and Wheat, WEAT. both of which have bottomed out in value.

While M2 Money, has the word money, in it, M2 Money is the combination of things like savings accounts, and thus is fiat wealth; think and remember savings accounts are like stock investments such as World Stocks, VT; M2 Money is something that fiat money produced, and thus is fiat wealth.

A key concept here is that fiat money died on October 23, 2013, when the bond vigilantes called the  Interest Rate on the US Ten Year Note, ^TNX, higher from 2.48%, but M2 Money, a form of fiat wealth is now topping out at 10,971.8, as is seen in M2 Money Stock Report.

The importance of CPs article is two fold: First, Total Credit which is reported Quarterly most likely has already turned lower in value, and we will likely see this in the fourth quarter report. Second, M2, Money is likely to turn lower in the week ending December 27, 2013.

I am not a libertarian, that is one who lives out of the economic concept of freedom. Rather, I am a dispensationalist economist, who lives out of the person of Christ.

I present Corollary #1 from the Dispensation Economics Manifest: Jesus Christ, operating in dispensation, that is economic action for the fulfillment and completion of every age, PIVOTED, the world from the paradigm and age of liberalism into that of authoritarianism, on October 23, 2013, by opening the First Seal of The Scroll of End Time Events, thus enabling the Rider on The White Horse, who has a bow without any arrows, to empower the bond vigilantes to commence calling the Interest Rate on the Ten Year Note, ^TNX, the “Means of Economic Destructionism”, higher from 2.48%, destroying fiat money, and to begin destroying fiat wealth, VT, as well as Nation Investment, EFA, and Global Financial Institutions, IXG, something that was done through debt deflation by the currency traders selling the Major World Currencies, DBV, the week ending December 13, 2013, and the Emerging Market Currencies, CEW, the week ending December 20, 2013.

Under liberalism bankers, corporations, government, entrepreneurs, and investors of nation state democracies were the legislators of economic value and the legislators of economic life that shaped one’s means and one’s ends. In contrast, under authoritarianism, currency traders, bond vigilantes and nannycrats working in public private partnerships and in regional governance, are the legislators of economic value and are the legislators that shape one’s means and one’s ends.

Obamacare is at the leading edge of authoritarianism replacing liberalism. Obamacare is literally destroying America’s system of health care. And Obamacare is causing strong disinvestment out of the defensive sectors Medical Devices, IHI, and Health Care Providers, IHF.

Of note the bond vigilantes in calling the Interest Rate on the US Ten Year Note, ^TNX, higher, have caused disinvestment out of the defensive sectors, Consumer Staples, KXI, and Small Cap Consumer Staples, PSCC, while Consumer Discretionary, RXI, and Small Cap Consumer Discretionary, PSCD, have maintained investment, being more risky. Said another way, risk appetite has been ongoing for Consumer Discretionary, as is seen in IYC, manifesting what is likely an evening star chart pattern.

Libertarian G. Edward Griffin in interview with The Daily Bell, speaks on Globalism, Collectivism And Right Principles.

Daily Bell: Public banking types – those who want a central bank controlled by “the people” – continue to attack libertarian websites for proposing that gold is money. They believe all gold is owned by central banks and elite families and their colleagues. Is this so? Don’t plenty of average people own gold, especially in China and India? Why is this issue never addressed by public banking proponents?

G. Edward Griffin: Now to the main issue, in my view. Just because the banks hold a lot of gold and just because they like gold, the question is why then aren’t they in favor of money being backed by gold? The argument is made, why should we have money backed by gold because that would be to the advantage of the bankers, who own it all? Isn’t that the argument? So the question is, then, how come the banks are the leading opponents of backing a money system with gold?

The answer is found in just reflecting here for a moment as to how banks make their money. They make their money by charging interest on loans. So the more money they have to loan, the more money they make. If currency is backed by gold then that limits the quantity of money that can be loaned. The banks can only loan an amount of money equal to what they have in their vaults in the form of gold and that’s it. There’s nothing more.

Once you wrench the money supply away from gold, now they can create money out of nothing, as we’ve seen happen in the last decade, at least since 2008. Between the banks and their partners in government they’ll just create trillions of dollars in a single afternoon, not based on anything except credit, and then they can loan that money and collect interest on trillions of dollars that doesn’t even exist.

Daily Bell: What are the top men of central banking interested in? Are they in it for the usury or are they in it for control? This is a major and profound question, in our view.

G. Edward Griffin: The top bankers are interested in it for the usury but their partners in politics are interested in it for control and it’s hard to say which is which, between the two of them, because it’s a revolving door now. I would say central banks, or the big banks that comprise the central banks, and governments now are welded together into one solid piece. It’s hard to distinguish or pull them apart. So the answer to that question is both usury and control. We have to rise above that and focus on the ideas these individuals are pursuing. That’s where FreedomForce comes in. We’re trying to get people to understand this ideology of collectivism and to understand its superior alternative, which is called individualism. If we can get a better understanding of those concepts, then that result will move into the political world and it will change the balance of power at an issues level because people who have the right principles in mind will know how to apply those principles in all of the issues. That’s kind of a vague answer to your question about whether there are certain areas of the world we should be paying attention to but I really think if we just are trying to engage ourselves on specific issues, war in the Middle East, Obamacare and so many others, we may solve one or two but meanwhile these guys with the collectivism mentality are setting more fires out there, more fires than we can put out. So we’ve got to get back to principles, I think, if we’re going to make any change in the long view.

Mr Griffin focuses on the critical life concept of collectivism. I respond that on October 23, 2013, Jesus Christ opened the First Seal of the Scroll of end time events, and PIVOTED the world out of the paradigm of liberalism to that of authoritarianism, by releasing The Rider on the White Horse, who has a bow, yet no arrows, symbolizing his economic soveignty over the world, who is effecting a bloodless global coup d’état, and who is transferring sovereignty from nation states to regional nannycrats and regional bodies such as the ECB, by calling the Interest Rate on the US Ten Year Note, ^TNX, “the Means of Economic Destructionism”, higher from 2.48%.

Now under authoritarianism, regionalism, not creditism, not corporatism, and not globalism, being the dynamo of economics, currency traders, bond vigilantes and nannycrats working in public private partnerships and in regional governance, are the legislators of economic value and are the legislators that shape one’s means and one’s ends.  Welcome to totalitarian collectivism; it’s the complement of regional governance; this being foretold by John The Revelator in Revelation 13:1-4. The Beast regime is rising to rule the world. Soon out of the Club Med crisis of sovereign insolvency and banking insolvency, it will establish policies of diktat of regional governance in every one of the world’s ten regions, and schemes of totalitarian collectivism in every one of mankind’s seven institutions.

3)  … This week’s investment activity: It’s a week of a swelling debt trade, seen in Junk Bonds, JNK, maintaining its strength, and two swelling currency carry trade, seen in Action Forex, EUR/JPY, and in Action Forex, USD/JPY, cresting wealth in the US, VTI, and the Eurozone, EZU; and a smashing currency carry trade, CEW/JPY, destroying wealth in the Emerging Markets, EEM, as the Fed Announcement of Tapering was neither hawkish or dovish.

As foretold in bible prophecy in Revelation 13:1-4, out of waves of Club Med sovereign insolvency and banking insolvency, the Beast Regime of regional governance and totalitarian collectivism, will rise to replace the Banker Regime, consisting of the Creature from Jekyll Island, the US Dollar Hegemonic Empire, and the Speculative Leveraged Investment Community, all courtesy of The Rider on the White Horse, who was released on October 23, 2013, … who having the Bow of Economic Sovereignty is terminating the monetary authority of democratic nation states, putting their currencies to death, and is transferring monetary authority, from central banks to regional nannycrats, who will meet in workgroups to provide statist public private partnerships, mandate regional economic policies, and coin diktat money, ie levies on bank accounts, and ie confiscation of investment accounts should financial institutions fail, which provides seigniorage of diktat, all to establish regional security, regional stability, and regional sustainability, within a framework of totalitarian collectivism, assuring debt servitude and shared austerity.

Liberalism’s fiat money, the coinage of central banks like the US Fed, is as dead as a doornail; witness the Australian Dollar, FXA, falling, and taking down, Australia, EWA, and Australia Small Caps, KROO, as well as the Swedish Krona, FXS, crumbling and taking down Sweden, EWD. The central banks are all white washed tombs filled with dead mens bones. The bond vigilantes, being in control of the Benchmark Interest Rate, ^TNX, have the “Means of Economic Destructionism”  and are acting together with the currency traders to affect debt deflation. Through the dynamos of creditism, corporatism, and globalism, risk assets bubbled up prosperity.

Authoritarianism’s diktat money, the coinage of nannycrats, such as ECB’s Mario Draghi, and Germany’s Wolfgang Schäuble, is coming simply out of mandate, as well out of regional summits such as that which produced the EU Banking Union. Through the singular dynamo of regionalism, diktat enforce austerity.

On Monday December 16, 2013. Investment Bankers, KCE, and the fiat wealth that decreased the most through debt deflation since October 23, 2013 rallied, in anticipation of Fed Speak on Wednesday.

Global Financials, IXG, 0.7% … European Financials, EUFN 1.6, India Earnings, EPI 1.1, Investment Bankers, KCE 1.6, Regional Banks, KRE 1.5, Stockbrokers, IAI, 0.7, The Too Big To Fail Banks, RWW 0.6. Asset Managers, such as Blackrock, BLK, seen in this Finviz Screener, rose strongly.

World Stocks, VT, 0.7% …  Solar Energy, TAN 1.5, Networking, IGN 1.4, Resorts and Casinos, BJK, 1.4;  Small Cap Industrials, PSCI 1.2, Global Industrial Producers, FXR 1.0, Small Cap Consumer Discretionary, PSCD 1.0, Internet Retail, FDN 1.1, IPOS, FPX 1.1, Steel Manufacturers, SLX 0.9, Semiconductors, SMH, 0.7, Small Cap Pure Value, RZV 0.6, Timber Producers, WOOD, 0.7%, with companies seen in this Finviz Screener, rising strongly, and Design Build and Construct, FLM, 0.7%, with companies seen in this Finviz Screener, rising strongly.

In closed end funds, Calamos Equity, CSQ 1.0%. The ratio of the closed end equity to closed end debt CSQ:PFL, rose to an all time high documenting the terrific amount of margin credit that is leveraging stocks higher.  Mastercard, MA  rose 1.1% to a new rally high.

Ed Yardeni writes Retail sales rising along with solid earned income gains, but Retail, XRT, trades up only 0.30%, documenting that indeed a bear market is underway as a good investment report is unable to aggressively drive these consumer stocks higher.

Yield Bearing Stocks, Dividend Growth, VIG, 0.60% … with Global Telecom, IST 0.80%; AES Corp, AES, 2.1% led Utilities, XLU, 0.7%.

Nation Investment, EFA, 0.70% … US Small Caps, IWM, 1.2 rallying on Regional Banks, KRE, and The Too Big To Fail Banks, RWW, trading higher. Eurozone Stocks, EZU 1.4 rallying on EUFN trading higher. Italy, EWI, Spain, EWP, Netherlands, EWN, and Ireland, EIRL, led the Eurozone, EWU, higher, as the European Financials, EUFN, traded higher. South Korea, EWY 1.3, Sweden, EWD 0.7, Brazil, EWZ 0.7, Russia, RSX 0.7, India, INP 0.8, and Nikkei, NKY, -0.4

Natural Gas, UNG, traded lower, driving StealthGass, GASS, and Greece, GREK, lower. StealthGas is a ship owning company, headquartered in Athens,  serving the liquefied petroleum gas sector of the international shipping industry. StealthGas currently has a fleet of 38 LPG carriers. The Company has agreed to acquire 15 newbuilding LPG carriers, with expected deliveries in 2014 and 2015. Once the acquisition of the 15 LPG carriers is completed and the vessels are delivered, StealthGass LPG carrier fleet will be composed of 53 LPG carriers with a total capacity of 257,922 cubic meters.

Evidence that the stock market has pivoted from a bull market to a bear market is seen in Transports IYT, is selling off , while the Industrials, IYJ, is jumping higher.

Gold Miners, GDX, 1.2%, on Gold, GLD, 0.2%; and Silver Miners, SIL, 0.8%, on Silver, SLV, 1.4%.

Wheat, WEAT, and Corn, CORN, traded lower to new rally lows.

From Open Europe, we see the political rise of one authoritarianism’s fathers; yes, all things have fathers, and Jörg Asmussen is a father of authoritarianism who is leaving the ECB to join new German government. Open Europe relates FT FT 2 City AM FAZ FAZ 2 FAZ: Georgie FAZ: Kohler Süddeutsche Süddeutsche: Prantl EUObserver Reuters Deutschland Handelsblatt Spiegel Euractiv European Voice BBC Bild WSJ Le Figaro Independent Handelsblatt. that following the SPD membership’s approval of the grand coalition agreement with 76% of votes, the German government revealed the make-up of its new cabinet.

The big surprise comes as Jörg Asmussen steps down, for personal reasons, from the ECB Executive Board to become Deputy Labour Minister. The front runner to replace him is Sabine Lautenschläger, vice-president of the Bundesbank. Elsewhere the SPD’s Frank-Walter Steinmeier returns as Foreign Minister, while Sigmar Gabriel takes over a combined portfolio of Economy and Energy.

The CDU’s Ursula von der Leyen, often tipped as a successor to Chancellor Angela Merkel, takes over as Defence Minister, the first woman to hold the post in Germany. CSU’s Hans-Peter Friedrich is moved from Interior Minister to Agriculture Minister, while Wolfgang Schäuble stays on as Finance Minister. Overall, the CDU holds five ministries, the CSU three and the SPD six. Open Europe’s Raoul Ruparel appeared on CNBC Squawk Box Europe this morning discussing the implications of the new cabinet set up.

Bloomberg reports Shanghai Glut Rises With Tallest Tower: Real Estate. When completed in 2015, the Shanghai Tower will be China’s tallest building. The 632-meter (2,074-feet) skyscraper will also deepen a glut of offices in the city, putting pressure on rents. The project, in the Lujiazui financial district, will add 220,000 square meters (2.4 million square feet) of office space, or more than 10 percent of the new supply forecast for the city in 2015, according to RET Property Consultancy Ltd. About 2 million square meters of grade-A offices will be added between 2014 and 2015, more than double the supply in the previous two years, according to broker Savills Plc.

Ambrose Evans Pritchard of the Telegraph reports Fresh recession risk in France threatens political crisis. The threat of recession is a major upset for President François Hollande, who has talked up recovery and confidently declared the crisis over.

Although not one of the PIGS, an emerging recession in France highlights the failure of European Socialism as an economic system under liberalism. France, EWQ, in fact most of the Eurozone, EZU, excluding the Netherlands, EWN, and Ireland, EIRL, piggy backed on the Euro to maximize national wage contract laws to benefit unions, creating a type of clientelism, that created a high standard of living bubble; that bubble is now bursting. France has a terrific amount of municipal debt, that cannot be and will not be repaid. Dexia Bank worked with France to securitize the debt and make lucrative deals selling the high yielding credit to US Money Market Funds. The Eurozone, EZU, the European Financial Institutions, EUFN, the Euro, FXE, as a currency, and Eurozone Debt, EU, comprise a massive black hole of sovereign insolvency and banking insolvency, out of which the beast regime of regional governance and totalitarian collectivism will rise to rule the world as foretold in bible prophecy of Revelation 13:1-4.

On Tuesday, December 17, 2013, Global Financials, IXG, traded lower, leading World Stocks, VT, and Nation Investment, EFA, lower.

Global Financials, IXG, traded lower on lower India Banks, IBN, HDB, Chinese Financials, CHIX, The National Bank of Greece, NBG, and Spain’s Bank, SAN.

World Stocks, VT, traded lower with Solar Energy, TAN, Semiconductors, SMH, and Networking, IGN, trading higher; and Global Real Estate, DRW, Biotechnology, IBB, Health Care Provider, IHF, Global Consumer Staples, KXI, trading lower; the latter led lower by a lower Tyson Foods, TSN, Kimberly Clark, KMB, Clorox, CLX, Proctor Gamble, PG, Ingredion, INGR, Ecolab, ECL, International Flavors, IFF, Hersheys, HSY, and ConAgra, CAG. Gold Miners, GDX, traded lower on a lower price of Gold, GLD; and Silver Miners, SIL, traded lower on a lower price of Silver, SLV.

Nation Investment, EFA, traded lower with Argentina, ARGT, trading higher; and Turkey, TUR, Australia, EWA, KROO, New Zealand, ENZL, Mexico, EWW, China, YAO, Italy, EWI, Spain, EWP, and Greece, GREK, trading lower.

The Interest Rate on the US Ten Year Note, ^TNX, traded lower to 2.84%

Mike Mish Shedlock writes  Laughable Eurozone banking “non-union”; Expect disorderly breakup The eurozone ministers ought to focus on a meaningful task: how best to break up the eurozone with minimal disruption; unfortunately, they won’t.

I respond, Yes, how true, they will not do so; they can’t as they have a different destiny as presented below.

Mr. Shedlock continues, the resultant eurozone breakup will prove to be very disruptive. The only other possibilities (and I have mentioned them before) are 1. slow growth and extremely high unemployment in the peripheral countries for another decade 2. Germany and the Northern countries pony up hundreds of billions of euros in more support (debt forgiveness, not loans).  Pick your poison, but a breakup is the most likely result.

If one goes by Austrian economics thinking, then yes a breakup is extremely likely. But if one goes by Dispensation economics thinking, then regional governance and totalitarian collectivism is a certainty.

The Revelation Of Jesus Christ, which foretells those things which must shortly come to pass, these being presented in Revelation 1:1, means a series of events, that once they begin, as they did on October 23, 2013, when Jesus Christ, acting in dispensation, that is in the administration of all things economic, PIVOTED the world from the paradigm and age of liberalism into that of authoritarianism, by releasing the First Horseman of The Apocalypse, presented in Revelation 6:1-2.

The  the Rider on the White Horse, who has a bow, yet no arrows, symbolizing his economic soveignty over the world, is effecting a bloodless global coup d’état, and is transferring sovereignty from nation states to regional nannycrats and regional bodies such as the ECB, by calling the Interest Rate on the US Ten Year Note, ^TNX, “The Means of Economic Destructionism”, higher from 2.48%, and by steepening the 10 30 US Sovereign Debt Yield Curve, thereby destroying fiat money, as well as fiat wealth in the Emerging Markets, EEM.

Eurzone stocks, EZU, and European Financials, EUFN, slumped beginning the week ending December 6, 2013. The Netherlands, EWN, was a Euro Yen, EUR/JPY, currency carry trade darling; now investors consider the nation and its companies, AEGON, AEG, ASML Holding, ASML, Reed Elsevier, ENL, ING Group, ING, Koninklijke Philips Electronics, PHG, and Vistaprint, VPRT, to be dogs and are selling them strongly, on the Bloomberg report of the ECB’s Mario Draghi Mandate that prevents lenders from using future loans it provides to buy sovereign debt.

This debt deflation is in addition to the bond vigilantes who have been calling the Benchmark Interest Rate higher from 2.48% on October 23, 2013, destroying Aggregate Credit, AGG, has PIVOTED the world out of the paradigm and age of liberalism and into that of authoritarianism.

With the ECB’s Mario Draghi Mandate, the moment of truth for European Nations, EZU, from North to South, and their Banks, IRE, NBG, SAN has arrived. The seigniorage of OMT has been removed, and the nations and their banks must now rely on the traditional sovereign debt market place. One can review how well they are doing, in the combined ongoing Yahoo Finance chart of EZU, and IRE, NBG, and SAN, as the facts shows investors derisking out of the Eurozone and its banks.

Just as the Chairman’s OMT, was precedent setting, bringing forth the culmination of liberalism, in like manner the Chairman’s Mandate, is precedent setting in fathering authoritarianism. Just as Milton Friedman was the father of liberalism, with his Free To Choose Script, so Mario Draghi is the father of authoritarianism, with the ECB Mandate of December 6, 2013, that prevents lenders from using future loans it provides to buy Treasury Debt, which is traded by the ETF, EU.

The Eurozone banks are currently loaded to the gills will debt that can be paid, and is debt that can’t be sold; clearly the EU banks are insolvent financial institutions. And Club Med nations are in a bind because no one will finance their treasury debt. So not only does the EU have a massive banking problem. And with the ECB’s Mario Draghi Mandate of December 6, 2013, the PIGS have a massive nation state financing problem; clearly the PIGS are insolvent nations.

Jesus Christ purposed liberalism, to be the age of the banker-democratic nation state regime, based upon debt trade investing and currency carry trade investing, all for the investor’s investment choice and to develop a hegemonic US Dollar Hegemonic Empire. God never intended for freedom to last, He purposed to develop a United States of America, once the nation of liberty, to be usurped, and to evolve for over a period of 100 years, that is from 1913 to 2013, to become the lair for the banker regime of fiat money creation for global economic growth based upon the dynamos of creditism, corporatism, and globalism.

Jesus Christ, acting in dispensation, that is the economic and political oversight of all things, is establishing authoritarianism, to be the age of the beast totalitarian collectivist and regional governance regime, based on debt servitude, all for the debt serf’s obedience to diktat. Out of Eurozone banking insolvency and sovereign insolvency, leaders will meet in summits, to renounce national sovereignty, and announce regional framework agreements which establish regional pooled sovereignty, where there will be one bank, one government, and one currency, one debt union, and one fiscal union, that is a One Euro Government, a European Super State, for all of Europe’s people, this is clearly seen as the dynamo of regionalism operating in bible prophecy of Revelation 13:1-4.

On Wednesday, December 18, 2013, Going into today, the two great levers of liberalism’s wealth, that is the debt trade,seen in  Junk Bonds, JNK, at 40.63, and the Euro Yen Currency Carry Trade, EUR/JPY, at 141.36, stand at their rally highs, underwriting the value of World Stocks, VT.

Specifically, going into today, highly speculative leveraged wealth investments such as Leveraged Buyouts, PSP, and other ETFs, FPX, RZV, FDN, RZG, PNQI, PJP, CSD, BJK, SOCL, PSCD, stand at or near their rally highs.

An inquiring mind asks, what was liberalism? Remember it ended on October 23, 2013, when fiat money, that is Credit, AGG, and Major World Currencies, DBV, and Emerging Market Currencies, CEW, died, and the US Fed and other central banks that generated the medium of exchange, died, as the bond vigilantes called the Interest Rate on the US Dollar ^TNX, “The Means of Economic Destructionism”, higher from 2.48%, putting an end to the banker democratic nation state regime, fathered by Milton Friedman, and his Free To Choose floating currency principle.

Liberalism was not as the classical libertarians think, an age of liberty and freedom from the state. HA HA, HA, nope it wasn’t.  Anyone who believes that is thinking from the wrong basis.

God, that is Jesus Christ, designed liberalism as the age of investment choice, underwritten by trade in the most toxic of debt, and trade in the most power of currency crosses. Said another way, Liberalism was the age of investment choice, that was based on debt trade, and currency carry trade investing, operating out of the dynamos of creditism, corporatism, and globalism.

God purposed from eternity past that Liberalism produce the most moral hazard based wealth experience possible, so as to promote his US Dollar Hegemonic Empire to be a global kick-ass, might makes right, world hegemon, as something vastly superior to its predecessor, the British Empire.

Anyone who believes otherwise is simply practicing “will worship” out of philosophy or religion.

There are a whole spectrum of economists, from Austrian Economists promoting Libertarianism to Trotsky Socialists promoting Trotskyism, all of who have identity and experience out of fiat human philosophy.

Dispensationalist economists have identity and experience out of the concept of Dispensationalism, and believe that Jesus Christ has released The First Horseman of The Apocalypse, Revelation 6:1-2, the Rider on the White Horse, who has a bow, yet no arrows, symbolizing economic sovereignty, and has PIVOTED the world from the age and paradigm of liberalism to that of authoritarianism, and that the monetary authority and monetary policies of the US Fed, and other world central banks in QE, Abenomics, and other Global ZIRP policies, have crossed the rubicon of sound monetary policy, and have destroyed fiat money, and have destroyed Emerging Market Stocks, EEM, and are going to soon destroy the whole spectrum of fiat wealth, that being Global Financials, IXG, Nation Investment, EFA, and World Stocks, VT.

Jesus Christ is working his plan to establish authoritarianism, as the most debt servitude experience possible, and He is doing this by bring forth the Beast Empire of regional governance and totalitarian collectivism, seen in Revelation 13:1-4, which is synonymous with the Two Foot, and Ten Toed Kingdom, seen in Daniel 2:25-45, as well as the Terrible and Exceeding Strong Beast, of Daniel 7:7

If one believes otherwise, one is seeing a mirage, or is dreaming, on the Authoritarian Desert of the Real, and is going to have a very sharp awakening. If one believes that stocks are moving higher much longer, that is stimulated consistently higher, through the debt trade or currency carry trade investing, then one is just dreaming on some investment island.

The dynamos of creditism, corporatism, and globalism are dead and gone, something that belonged to the former age of liberalism and investment choice, and that the singular dynamo of regionalism is at work in the current age of authoritarianism and debt servitude.

One’s former economic father, Milton Friedman, and his design, of nation states and floating currencies, is no longer life’s paradigm, this evidenced by sinking currencies, such as the Australian Dollar, FXA, and the Brazilian Real, BZF.

The current economic father is Mario Draghi, and his design, of regional governance and totalitarian collectivism is life’s paradigm, this evidence  by the ECB’s Chairman Mandate that prevents lenders from using future loans it provides to buy sovereign debt

In early morning trading, the Nikkei, NKY, traded higher on rumors of an imminent announcement by Prime Minister Shinzo Abe of the details of his Abenomics Third Arrow, while Australia, EWA, collapsed, sharply lower continuing a trend that began October 23, 2013.

At midday, on December 18, 2003, Reuters reported Fed cuts bond buying in first step away from historic stimulus. As soon as the US Federal Reserve Announcement of Tapering was released, the bond vigilantes exerted control over the Benchmark Interest, ^TNX, and called the “Means of economic Destructionism”, higher once again to 2.88%. Fiat Money, that is Aggregate Credit, AGG, and Major World Currencies, such as the Japanese Yen, FXY, and Emerging Market Currencies, CEW, such as the Brazilian Real, BZF, traded lower on the US Federal Reserve Announcement of Tapering, communicating the ongoing failure of fiat money.

The US Federal Reserve Announcement of Tapering is the Fed’s subtle acknowledgement that its monetary policies of QE have crossed the rubicon of sound monetary, caused the failure of fiat money, and in turn made money good investments, such as the Emerging Markets, EEM, bad; confirmation comes from the Bloomberg report Emerging stocks head for longest weekly losing streak since June.

And the US Federal Reserve Announcement of Tapering is also the Fed’s subtle acknowledgement that QE has commenced economic destructionism, specifically causing the failure of global economic growth in Brazil, EWZ, Thailand, THD, Indonesia, IDX, the Philippines, EPHE, Peru, EPU, Chile, ECH, Australia, EWA, and New Zealand, ENZL, as is seen in their ongoing Yahoo Finance Chart.

Nevertheless World Socks, VT, traded strongly higher, +1.5%, on the sell of the Japanese Yen, FXY. The chart of World Stocks, VT, relative to Credit, AGG, VT:AGG, shows a surge in wealth, that is World Stock, VT, over Credit, AGG.  The surge in World Stocks, VT, is partly short sell covering in a bear market, and partly a carry trade operating in the US Dollar Yen cross. The bear market in stocks originated December 2, 2013, coming from investor awareness that the world central banks monetary policies, such as QE, despite the tapering announced on December 16, 2013, have crossed the rubicon of sound monetary policy, and have made “money good” investments bad, beginning when the Benchmark Interest Rate rose from 2.48%.

It’s very much an oxymoron, that a number of stock sectors, as well as the US Stocks, VTI,  can rally strongly higher on collapsing fiat money, but these have been the benefit of a rising USDJPY, which is producing peak wealth in a broad spectrum of US stocks, most notably US Infrastructure, PKB.

Abundant margin credit; and a strong sell of the Japanese Yen, FXY, leveraged World Stocks, VT,  specifically US Stocks, VTI, higher. Said another way, investment seigniorage, did not come from the US Federal Reserve Announcement of Tapering, but from the ongoing operation of schemes of margin credit, debt trade investing, and currency carry trade investing, all of which are operating at their peak capability, and will be exhausting soon, most likely substantially before the Quarter 4, 2013.

Global Financials, IXG, traded strongly higher, +1.6%, with Japan’s Banks, SMFG 4.0% and MTU 3.6%, India Earnings, EPI 2.5%, Chinese Financials, CHIX, 2.1%, European Financials, EUFN 1.5%, Investment Bankers, KCE, 2.8%,, rose to a new high, Too Big To Fail Banks, RWW, 2.1%, a new high, Stockbrokers, IAI 1.9%, a new high, and Regional Banks, KRE 1.5%, a new high. Regional Banks, HBAN, FIBK, SIVB, OZRK, SNV, and UCBI, have been stellar Small Cap Pure Value, RZV, leaders, these having benefited from Ben Bernanke’s Put in a spectacular ongoing riskless trade, that is a Risk On Trade, seen in the Risk Off ETN, OFF, falling in value. Asset Managers seen in this Finviz Screener, traded higher. These rose to new highs on the sell of the Major World Currencies, such as Japanese Yen, FXY, and Emerging Market Currencies, such as the Brazilian Real, BZF.

The ongoing Yahoo Finance chart of Global Growth Excluding the US, DNL, together with Germany, EWG, The US, VTI, China, YAO, Switzerland,  EWL, Netherlands, EWN, South Korea, EWY, and and Sweden, EWD, communicates two currency carry trades at work in the financial marketplace, at a time that liberalism is pivoting into authoritarianism, these two being, a carry trade in German Stocks, EWG, and a carry trade in US Stocks, VTI, both based on a short of the Japanese Yen, FXY.

Nation Investment, VT, traded higher, +1.4%, with most of that coming in US Stocks, VTI, +1.6%, which rose to a new rally high.

Sectors rising higher on the sell of the Japanese Yen, FXY, included the health care stocks, such as  Biotechnology, IBB, and Pharmaceuticals, PJP, and consumer stocks such as Media, PBS, Retail, XRT, Nasdaq Internet, PNQI, Food and Beverage, PBJ, Consumer Discretionary, IYC, Internet Retail, FDN, Smallcap Consumer Staples, PSCC, and Resorts and Casinos, BJK, the latter to a new high.

Global Consumer Discretionary, RXI, and Credit Providers Mastercard, MA, and Visa, V, traded strongly higher.

Other US Sectors trading higher on the sell of the Japanese Yen, FXY, included US Infrastructure, PKB, such as MHK, GPK, PKG, TEX, DXPE, FLS, AME, SNA, CSL, and IPOs, FPX, as well as  Aerospace and Defense Stocks, PPA, such as those seen in this Finviz Screener.

International Industrial Companies, IPN, seen in this Finviz Screener, traded higher.

Global Industrial Producers, FXR, seen in this Finviz Screener traded higher.

Leveraged Buyouts, PSP, traded to a new rally high.

Yield bearing sectors, Dividend Growth, VIG, traded strongly higher, +2.1%, led by Exxon Mobil, XOM, ABT, PFE, JNJ, QCOM, HPQ, TXN, HD, UTX, India Earnings, EPI 1.8%, US Real Estate, IYR, 1.7%, Global Utilities, DBU 1.5%, Residential REITS, REZ 1.4%, Global Telecom, IST 1.4%,  Global Real Estate DRW, 1.3%, and Electric Utilities, XLU 1.3%, trading higher.

Nation Investment, EFA, +0.7%. The Nikkei, NKY, 2.8%, rose near its previous high. Russia, RSX 2.5%, India, INP 2.0%, US Stocks, VTI, 1.6%, rose to a new rally high, Sweden, EWD, 2.3%, Germany, EWG, 1.2%, Eurozone, EZU, 1.2%, China, and YAO, 1.2%.  Yet, Australia,EWA, continued its trend, falling strongly lower.

Gold Miners, GDX -1.6%, with Gold, GLD, -0.9%; Silver Miners, SIL -1.2%, with Silver, SLV, -0.3%

The bond vigilantes continued calling the Interest Rate on The US Ten Year Note, ^TNX, higher, now  to 2.88%, and continued steepening the 10 30 US Sovereign Debt Yield Curve, $TNX:$TYX, as is seen in the Steepner ETF, STPP, steepening, with the result that Aggregate Credit, AGG, traded -0.05%, lower, and Mortgage Backed Bonds, MBB, -0.29%, lower.  Junk Bonds, JNK, traded unchanged.  Currencies trading lower included the Japanese Yen, FXY, -1.4%, and the Brazilian Real, BZF, -1.1%

The US Dollar, $USD, traded unchanged at 80.25. Major World Currencies, such as the Japanese Yen, FXY, traded lower; it closed strongly lower 93.89. And Emerging Market Currencies, such as the Brazilian Real, BZF, traded lower.  The Euro Yen Currency Carry Trade, EUR/JPY, closed slightly lower at 142.01.  Spot Gold, $GOLD, traded lower to $1,215, on the rise of US Stocks, VTI. These are polar opposites; so with US Stocks, VTI, in particular, the Investment Bankers, KCE, trading higher,

The Gold ETF, GLD, traded lower.

The seven bearish sectors, that is the “seven bears” traded higher.

1) Small Cap Pure Growth, RZG, traded higher.

2) Small Cap Pure Value, RZV, traded higher.

3) Semiconductor Equipment Manufacturers and PCB Manufacturers trading higher included AMAT, KLAC, LRCX,  ASML, and ADI.

4) Health Care Providers, IHF, seen in this Finviz Screener, traded higher.

5) Medical Devices, IHI, seen in this Finviz Screener, traded higher.

6) Legacy Manufacturing Industries, Steel, SLX, Design Build and Construct, FLM, and Timber Producers, WOOD, Industrial Miners, PICK, Automobiles, CARZ, Industrial Textiles, MHK and Networking, IGN, traded higher, recovering from a prior strong sell off.

7) The Defensive Sector, Global Consumer Staples, KXI, had been selling off quite strongly since the bond vigilantes called the Benchmark Interest Rate, ^TNX, higher on October 23, 2013, but today it rallied strongly; but moved less vigorously than its peer Global Consumer Discretionary, RXI.

Global Consumer Staples, KXI, that had been selling off on debt deflation, include British American Tobacco, BTI, Brazil Foods, BRFS, Smuckers, SJM, Kimberly Clark, KMB, Conagra Foods, CAG, Ingredion, INGR. International Fragrances, IFF, and Ecolab, ECL.

In summary, a sell of the Japanese Yen, FXY, to close lower at 93.89, leveraged US Stocks, VTI,  higher; despite, or perhaps better said because, the monetary policies of the US Central Bank have make “money good” investments bad, at least for those stocks outside of the US bad.

At the end of the day, when all was said and done, fiat wealth investments in World Stocks, VT, Nation Investment, EFA, Global Financials, IXG, and Dividend Growth, VIG, were not worth more in the sense they had greater profitability or greater economic capability; rather they were worth more because currency carry traders sold the Japanese Yen, FXY, short in currency carry trade investing.

The sell of the Japanese Yen, FXY, is an unmitigated disaster for Japan, EWJ, as Agricultural Commodities, JJA, and Oil, USO, are now more expensive. Of note, Wheat, WEAT, traded strongly lower, but for the Japanese, they still will have to pay more for it as their currency has been totally debased by the currency traders; Japanese household will be seeing inflationary prices very soon given the Wednesday December 18, 2013, sell of the Japanese Yen, FXY.

The bulls have not taken charge of the stock market. The rally in the stocks following the US Federal Reserve Announcement of Tapering, was a US Stocks, VTI, Japanese Yen, FXY, currency carry trade rally, that produced a short selling opportunity, in an ongoing bear market that commenced on October 23, 2013, when bond vigilantes began calling the Interest Rate on the US Ten Year Note, ^TNX, that is the “Means of Economic Destructionism”, higher from 2.48%.  The rally in stocks was to have been sold, as in a bull market one buys into dips, but in a bear market, one sells into pips.

On Thursday, December 19, 2013, Gold, GLD, traded sharply lower, turning Gold Miners, GDX, lower; and Silver, SLV, collapsed, turning Silver Miners, SIL, lower.

Global Financials, IXG, traded unchanged.

World Stocks, VT, traded unchanged. Sectors trading higher included Solar Energy, TAN, Steel Manufacturers, SLX, and Global Industrial Producers, IPN, led by Alcoa Aluminum, AA, seen in this Finviz Screener. Sectors trading lower included Uranium Mining, URA, CARZ, led lower by Ford, F, and General Motors, GM, and Casinos and Resorts, BJK.

Nation Investment, EFA, traded unchanged. Nations trading higher included Australia, EWA, KROO.

Nations trading lower included Turkey, TUR, India, INP, SCIN, China,YAO, ECNS,  South Korea, EWY, Thailand, THD, The Philippines, EPHE, Singapore, EWS, EWSS, Indonesia, IDX, IDXJ, Brazil, EWZ, EWZS, Russia, RSX, Ireland, EIRL Greece, GREK, and the Nikkei, NKY.

Yield bearing sectors trading lower included India Earnings, EPI, Brazil Financials, BRAF, Residential REITS, REZ, Global Utilities, DBU, Real Estate, IYR, and Electric Utilities, XLU.

Perhaps you think like Fed Worshiper Ambrose Evans Pritchard who writes So let us waive a fond farewell to the printing press. It has served us well.

The Fed’s $3.2 trillion bond spree since 2009, has fueled fiat wealth, that is fiat asset bubbles galore, with these screaming Hot ETFs, FPX, FDN, RZV, RZG, PNQI, PJP, CSD, BJK, SOCL, PSCD, presented in combined ongoing Yahoo Finance chart, and seen in their Finviz Screener providing ample example. Liberalism was the age of investment choice, and greatly rewarded those who perceived it as such and “went all in” with the riskiest of investments.

Of note, the QEs, and thus the US Fed’s Balance Sheet, is based, first on the Distressed Investments, taken in under QE 1, like those traded in Fidelity’s FAGIX Mutual Fund, and then contain the Excess Reserves, containing US Treasury Bonds, TLT, and then the Debt Purchased, more TLT, and then Mortgage Backed Bonds, MBB, purchased under the most recent QE; these so called assets, consist of debt purchased, and are set to collapse, as is communicated by the ongoing combined Yahoo Finance Chart of FAGIX, and TLT, and MBB. The Fed’s balance sheet is comprised mostly of debt!!!

On October 23, 2013, 2013, the bond vigilantes in calling the Benchmark Rate, ^TNX, higher, terminated liberalism. Now, under authoritarianism the banks, very soon all the banks will be integrated into the government and become known as the government banks or govbanks for short; the excess reserves will not be released to spur inflation; and inasmuch as the Benchmark Rate, ^TNX, is rising from 2.88%, the Fed’s Balance Sheet will be losing value at an ever increasing rate.

Or, perhaps you share Pope Francis disgust of the wealth bubble, and the debt bubble, in his latest encyclical.

Please consider that God from eternity past destined that liberalism, as it is known today, not in the classical sense of the word, to be the age of investment choice, and brought forth the Creature from Jekyll Island, to produce wealth for the investor.  Now, by God’s design, through the death of fiat money, that is Aggregate Credit, AGG, Major World Currencies, DBV, and Emerging Market Currencies, CEW, He is bringing forth the Beast of Revelation 13:1-4, in the age of nannycrat diktat, together with diktat money, to produce debt servitude for the debt serf.

On Thursday, December 19, 2013, the day after the US Federal Reserve Announcement of Tapering, all forms of fiat money finally died, as the Swiss Franc, FXF, and the Indian Rupe, ICN, traded lower from their rally highs, and Aggregate Credit, AGG, traded sharply lower, as the bond vigilantes continued calling the Interest Rate on the US Ten Year Note, ^TNX, higher to 2.93%, and continued in steepening the 10 30 US Sovereign Debt Yield Curve, $TNX:$TYX, as is seen in the Steepner ETF, STPP, steepening, fully terminating the sovereignty of the banker regime of democratic nation state governments, and its policy of investment choice, based upon schemes of credit and carry trade investing. The Fed, and all of its cousins, every last one of them is dead; terminated and gone forever.

The failure of sovereignty of the banker regime of democratic nation state governments, coming on the bond vigilantes calling the Benchmark Interest Rate, ^TNX, the “Means of Economic Dstructionism”, higher from 2.88%, is seen in the chart of World Treasury Debt, BWX, trading sharply lower in value immediately after the US Federal Reserve Announcement of Tapering

Now with the sovereignty of the banker democratic nation state regime having failed, and with the product of the banker regime, that being fiat money, consisting of Aggregate Credit, AGG, and Major World Currencies, DBV, and Emerging Market Currencies, CEW, terminated, the seigniorage of the Milton Friedman Free to Choose Floating Currency Regime is bound to fail, resulting in Global Financial, IXG, Nation Investment, EFA, and World Stocks, VT, trading lower from their October 23, 2013, through November 29, 2013, peaks.

Liberalism’s final stock risk-on stock market rally beginning in December 2010, after the Bernanke Put at Jackson Hole, and then intensified in July 2013, as is seen in Bespoke Investment Group chart, with sell of the US Dollar, $USD, UUP.

Doug Noland remarks Global markets convulsed back in May/June as the Fed moved to prepare the world for less QE and Chinese officials finally decided to more forcefully clampdown on China’s runaway Credit and asset Bubbles. Respective domestic fragilities coupled with global fragilities saw both the Fed and Chinese in quick “tightening” retreat.

Respective domestic fragilities coupled with global fragilities saw both the Fed and Chinese in quick “tightening” retreat. And in both cases Bubble excesses bounced right back stronger and more unwieldy than ever.

The crack up boom culminated with US Stocks, VTI, rising strongly on a Dollar Yen currency carry trade and Junk Bond, JNK, debt trade, beginning on October 23, as the bond vigilantes continued calling the Interest Rate, ^TNX, the “Means of Economic Destructionism”, higher from 2.48%, and the currency trader continued selling the Major World Currencies, DBV, and the Emerging Market Currencies, CEW, with the result that other major investments such as the Eurozone, the Nikkei, Asia Excluding Japan, and the Emerging Markets weakened or failed, as is seen in the ongoing Yahoo Finance Chart of VT, VTI, EZU, NKY, EPP, and EEM.

The tremendous leverage of Stocks, VT, over Aggregate Credit, AGG, seen in the ratio of the two, VT:AGG, cannot be sustained; communicating a soon coming trade lower in World Stocks, VT, on the exhaustion of the world central banks’ monetary authority.

The US Dollar, $USD, UUP, traded slightly higher to close at 80.75. Spot Gold, $GOLD, traded lower to $1185, on the sustained rise of US Stocks, VTI. These are polar opposites; so with US Stocks, VTI, in particular, the Investment Bankers, KCE, trading at rally highs, The Gold ETF, GLD, traded lower to 114.82.

The two great levers of liberalism’s wealth are finally trading lower in value evidencing the exhaustion of the world central banks monetary authority. Junk Bonds, JNK, traded lower to close at 40.58; and the EUR/JPY traded lower to close at 142.41, communicating that the bond vigilantes have fully PIVOTED the world out of the paradigm and age of liberalism into that of authoritarianism.

The failure of the Milton Friedman Free To Choose floating currency regime, seen in the US Dollar, $USD, UUP, rising in October 23, 2013, and the peaking out of Global Financials, IXG, Nation Investment, EFA, and World Stocks, VT, communicates that liberalism’s creditism, corporatism, and globalism, are giving way to authoritarianism’s regionalism.

Now with the “Means of Economic Destructionism”, that is the Benchmark Interest Rate, ^TNX, rising from 2.88%, the dynamo of regionalism, will awesomely start to empower the beast regime, presented in Revelation 13;1-4, with its policies of regional governance diktat and schemes of totalitarian collectivism, to fully enforce debt servitude in the paradigm and age of authoritarianism.

In the age of authoritarianism, diktat money replaces liberalism’s fiat money; and fiat wealth, that is World Stocks, VT, and metrics of investment wealth such as M2 Money will be falling lower in value.

Under authoritarianism, the only form of sovereign wealth and sustainable wealth is diktat and the physical possession of gold bullion and silver bullion. Currently investors are long World Stocks, VT, and short the Gold, GLD, ETF, as is seen in the chart of  VT:GLD, which is crushing gold. One should start to dollar cost average an investment in gold, and take possession of it.

Bloomberg reports China Rate Swap surges to record as Reverse Repos kept on hold. China’s interest-rate swaps jumped the most since July, touching a record, as the central bank refrained from injecting cash into the financial system at a time when demand for funds is climbing. One-year contracts that exchange fixed payments for the floating seven-day repurchase rate increased 15 basis points to 5.03 percent, according to data compiled by Bloomberg. The swap climbed as high as 5.07 percent today, the highest in data going back to April 2006, and has averaged 3.76 percent this year.

Bloomberg reports China’s Stocks drop for eighth day on concern over funding costs. Chinese stocks fell for an eight day, extending the benchmark index’s longest losing streak since June, on concern higher funding costs will hurt economic growth. Financial companies slid the most among industry groups. China Minsheng Banking Corp. and Huaxia Bank Co. slumped more than 1 percent, while Gemdale Corp. led declines for developers with a 1.4 percent retreat. Jiangsu Hengrui Medicine Co. dragged down health-care companies with a 2.3 percent retreat. Phone stocks gained as ZTE Corp. climbed 1 percent. The Shanghai Composite Index (SHCOMP) slipped 0.1 percent to 2,146.39 at the 11:30 a.m. break, after changing directions at least seven times

Bloomberg reports Baucus said to be Obama pick as US Ambassador to China. President Barack Obama will appoint Senate Finance Committee Chairman Max Baucus as ambassador to China, two people with knowledge of the matter said today.

Bloomberg reports North Korea purge raises Risk of Kim Jong Uncle’s show of force. North Korea’s execution of Kim Jong Un’s uncle and de facto deputy raises the risk the leader may take military action against the South to demonstrate his authority after the purge. South Korea has heightened its combat readiness since Kim’s uncle Jang Song Thaek was executed last week following his conviction for treason, the highest-ranking official to be purged since Kim took over upon the death of his father in December 2011. President Park Geun Hye warned Dec. 16 of possible “reckless provocations” from the North.

Bloomberg reports Spain’s Regions Can’t Endure More Budget Cuts, Andalusia Says. Spanish regions can’t endure more spending cuts, Andalusia’s budget chief said, as she defended levying a tax on bank deposits. Maria Jesus Montero Cuadrado, budget chief of Spain’s most populous region, is resisting central government demands for more cuts through 2015. Undermining health or education is a “red line” for Andalusia, which has a 36 percent jobless rate, she said in an interview in Seville yesterday.

WSJ reports A new threat to UPS and FedEx. Networks of ‘Super Regional’ Shippers handle more packages for E-Retailers

WSJ reports State exchange chiefs skip town, while Obama hires a hitman. State exchange chiefs skip town, while Obama hires a hitman. President Obama has responded to the ObamaCare debacle by bringing in Beltway liberal mastermind John Podesta as a senior West Wing hand, and he promptly announced his arrival by likening House Republicans to “a cult worthy of Jonestown”.

On Friday, December 20, 2013, Debt deflation struck the World Small Cap Stocks, as Greece, GREK, Indonesian Small Caps, IDXJ, Turkey, TUR, Brazil Small Caps, EWZS, and the Philippines, EPHE, Indonesia, IDX, Thailand, THD, Argentina, ARGT, Malaysia, EWM, and China Small Caps, ECNS, led World Small Caps, VSS, lower

Doug Noland reports Turkish (lira) 10-year sovereign bond yields surged 57 bps this week to 9.92%, the high since the summer crisis period. Brazil’s (real) 10-year yields jumped 41 bps to 13.20%. Reminiscent of May/June, market yields were generally on the rise around the globe.

And Mr. Noland relates Key EM Currencies, CEW, were under heavy selling pressure. The Turkish lira was hit for 2.5% this week, the Brazilian real 2.4%, the Argentine peso 2.1% and the Mexican peso 0.7%. Asian currencies were also under notable pressure. The Thai baht declined 1.7%, the Malaysian ringgit 1.6%, the Taiwanese dollar 1.1%, the Indonesia rupiah 0.9%, the Singapore dollar 0.9%, the Japanese yen 0.9%, the South Korean won 0.8% and the Philippine peso 0.8%.

In yield bearing sectors, Leveraged Buyouts, PSP, which yields 9.6%, fell 4.9% lower, and Shipping SEA, which pays 1.6% higher, rose 1.0%,

World Stocks, VT, traded unchanged; with Networking, IGN, Software, IGV, Biotechnology, IBB, Small Cap Industrials, Small Cap Pure Value, RZV, Small Cap Pure Growth, RZG, Transportation, XTN, Global Producers, FXR, IPOs, FPX, Aerospace, PPA, Pharmaceuticals, PJP,  Media, PSP, Global Consumer Discretionary, RXI, trading higher.  And with Global Industrials, IPN, Resorts, BJK, Solar, TAN, and China Industrials, CHII, trading lower as   William Selway and Brian Chappatta of Bloomberg report A Chinese manufacturing index unexpectedly fell to a three-month low as output gains eased and employment weakened, suggesting the world’s second-largest economy is vulnerable to a slowdown. The preliminary reading of 50.5 for a Purchasing Managers’ Index released today by HSBC Holdings Plc and Markit Economics compares with a final figure of 50.8 in November and the 50.9 median estimate .

Global Financials, IXG, traded 0.5%, with European financials, EUFN, Regional Banks, KRE, and Stockbrokers, IAI, trading higher and National Bank of Greece, NBG, trading strongly loer.  Brazil Financials, BRAF, and Chinese Financials, CHIX, traded lower.

Nation Investment, EFA, traded 0.6% higher; as the Eurozone, EZU, the Nikkei, NKY, Asia Excluding Japan, EPP, and the US, VTI, traded higher. India, INP, traded strongly higher. Greece, GREK, Brazil, EWZ, Turkey, TUR, the Philippines, Indonesia, IDX, Thailand, Malaysia, EWM, and Ching YAO, traded lower.

Energy Production, XOP, and Small Cap Energy, PSCE, traded higher.

The Apostle John wrote from prison, while living in exile on The Isle of Patmos about 90 AD, the contents of a dream given to him by angels.

The Revelation Of Jesus Christ, which foretells those things which must shortly come to pass, these being presented in Revelation 1:1, means a series of events, that once they begin, as they did on October 23, 2013, when Jesus Christ, acting in dispensation, that is in the administration of all things economic, PIVOTED the world from the paradigm and age of liberalism into that of authoritarianism, by releasing the First Horseman of The Apocalypse, presented in Revelation 6:1-2.

The Rider on the White Horse, who has a bow, yet no arrows, symbolizing his economic sovereignty over the world, is effecting a bloodless global coup d’état, and is transferring sovereignty from nation states to regional nannycrats and regional bodies such as the ECB, by calling the Interest Rate on the US Ten Year Note, ^TNX, the “Means of Economic Destructionism”, higher from 2.48%, and by steepening the 10 30 US Sovereign Debt Yield Curve, TNX:$TYX, seen in the Steepner ETF, STPP, steepening, thereby destroying fiat money.

An Elliott Wave 3 of 3 Up that commenced with the bond vigilantes calling the Benchmark Interest Rate, $TNX, higher from 2.48%, on October 23, 2013. The bond vigilantes are in full control of the “Means of Economic Destructionism”, and it is not oversold, and the sell of Credit, AGG, and the 10 Year US Notes, TLT, is not overdone.  The Elliott Wave 3 of 3 Waves are the most sweeping of all waves, they create the bulk of wealth on the way up, and destroy most of the wealth on the way down. This wave will make the bankers holding Interest Rate Swaps, that came as part of liberalism’s POMO, awesomely wealthy.

On Friday, December, 20, 2013, the bond vigilantes took profit on the rise in the Benchmark Interest Rate, ^TNX, the “Means of Economic Destructionism”, letting it fall to 2.88%, and the US Ten Year Notes, TLT, rose; their chart suggests that they will do so, but not for long.

Having the “Means of Economic Destructionism”, and given that the world has pivoted from liberalism’s creditism, corporatism and globalism, into authoritarianism’s regionalism, the bond vigilantes and investors, should be selling into pips, that is rises, in the US Ten Year Notes, TLT, as in a bear market one sells into pips, just like in a bull market one buys into dips.

During the former age, that is the age of investment choice, the bankers and the investor had the  “Means of Economic Inflationism”, and participated in riskless risk-on investing, seen in the Risk On ETN, ONN, rising in value. Now, inasmuch as the bond vigilantes, have taken all into new age of debt servitude, one should be short selling, as the Risk OFF ETN, OFF, will be rising in value. One can follow credit ETFs, by using this Finviz Screener.

Bloomberg reports Gold climbs from lowest close since 2010 as Goldman sees losses

4)  … Summary of investment activity for the week ending December 20, 2013, reflects the dynamo of regionalism is active in destructionism, as the Rider On The White Horse, who has the bow of economic sovereignty, carrying the Bow of Economic Sovereignty, seen in Revelation 6:1-2,  has terminated nation state democracies and the banker regime of floating currencies. The Fed is dead, Jesus Christ in releasing the First Horseman of the Apocalypse, has slain the Creature from Jekyll Island, and is bringing forth a much more terrible monster, the beast of regional governance and totalitarian collectivism, seen in Revelation 13:1-4

Liberalism was the age of creditism, corporatism and globalism, through schemes of debt trade investing and currency carry trade investing, ie the EURJPY and the USDJPY, fiat wealth swelled, in an Elliott Wave 2 High, and is now ready to enter an Elliott Wave 3 Down on the exhaustion of the world central banks monetary authority, as its monetary policies have crossed the rubicon of sound monetary policy and have made money good investments bad; such include the Emerging Markets, EE, the World Small Cap Stocks, VSS, and Yield Bearing Investments, such as Leveraged Buyouts, PSP. Zero Hedge posts BofAML closes USDJPY, and warns bulls beware.  And Reuters reports Dollar falls from five-year high vs Yen

Liberalism’s scheme of debt trade investing is seen in the Andrew Bolger FT report Investors’ hunger for yield in a low interest rate environment has led to the best year for global high-yield corporate debt on record, according to Thomson Reuters. It has reached $473bn this year, already up 18% over last year’s total. For the fourth quarter of 2013, global corporate debt totalled $111bn, a 1% decrease from the third quarter.

World Stocks, VT 1.7%, and World Small Cap Stocks, VSS, -1.2%

Networking, IGN 4.4%

Media, PBS 4.3

Internet Retailing, FDN 4.2

Nasdaq Internet, PNQI 4.0

Biotechnology, IBB 3.9

Small Cap Industrial, PSCI 3.8

Small Cap Consumer Discretionary, PSCD 3.2

Pharmaceuticals, PJP 3.7

Software, IGV 3.6

Shipping, SEA 3.5

Aerospace and Defense, PPA 3.4

Semiconductors, SOXX 3.3

Global Industrial Producers, FXR 3.2

Paper Producers, WOOD 3.1

Small Cap Pure Value, RZV 2.8

Small Cap Pure Growth, RZG 2.7

IPOs, FPX 2.6

Global Financials, IXG 2.5%

Investment Bankers, KCE 4.1%

European Financials, EUFN 4.0

Stockbrokers, IAI 3.0

Too Big To Fail Banks, RWW 2.9

Regional Banks, KRE 2.6

India Earning, EPI 2.6

China Financials, CHIX -2.2

National Bank of Greece, NBG -4.6

Simon Rabinovitch of FT reports: “An emergency cash injection by the Chinese central bank failed to calm the country’s lenders as money market rates climbed to dangerously high levels. Analysts cited a variety of technical factors for the tightness in the Chinese financial system, but the sudden run-up in rates was an uncomfortable echo of a cash crunch that rattled global markets earlier this year. Investors were alarmed at the potential for a repeat of that squeeze. The Shanghai Composite, the country’s main equities index, fell 2%. The nine-day decline for Chinese stocks is their worst losing streak in nearly two decades. Concerns focused on the rates at which Chinese banks lend to each other. The seven-day bond repurchase rate, a key gauge of short-term liquidity, was emblematic of their reluctance to part with cash. It averaged 7.6% in morning trading on Friday, its highest since the crunch that hit China in late June. That was up 100 bps from Thursday and far above the 4.3% level at which it traded just a week ago. The sharp increase occurred despite the central bank’s highly unusual decision to conduct a ‘short-term liquidity operation’. CBN reported that the short-term injection was worth Rmb200bn ($33bn), a large amount, Lu Ting, an economist with Bank of America Merrill Lynch, said China’s financial system was entering a new era and policy makers were struggling to adapt

Nation Investment EFA 2.5%

US Stocks, VTI 2.0%

Eurozone, EZU 3.2

Asia Excluding Japan, EPP 2.0

Nikkei, NKY 2.1

Brazil, EWZ —

Russia, RSX 2.6

India, INP 3.1

China, YAO -1.9

Spain, EWP 4.0%

Germany, EWG 3.4

German Small Caps, GERJ, 3.3

Finland, EFNL 3.6

Netherlands, EWN 3.5

Denmark EDEN 2.9

Ireland, EIRL 2.1

Greece, GREK -2.6

Sweden, EWD 4.0%

Switzerland, EWL 2.6

George Krum posts The State of the Trend providing the chart of $SPX at $1818, up 2.4%.

Dividend Growth VIG 2.0% with Global Telecom, IST, 1.5%, such as Sprint, S, 16.7%

Leveraged Buyouts PSP -3.6%

Michael Noonan posts in Safehaven.com Gold – A supressed market remains suppressed, but for how long? And provides a chart of the US Dollar, $USD, at $80.75. Gold,  GLD -2.8%  and Silver, SLV -1.7%.  Spot Gold, $GOLD, closed the week at $1,200; the Gold ETF, at 116.

An inquiring mind asks, were you named the investor of the year? Well, Time Magazine has named Carl Icahn as investor of the year. Were you smart enough to invest with Icahn Enterprises LP, IEP?

I’m not an apologist, rather I am a minister of God, and in ministering to you, I must relate the truth that God designed liberalism to be the age of investment choice, and one of the best investments was in vice stocks, as is seen in the ongoing Yahoo Finance Chart of Fidelity Mutual Funds, VICEX, and its components MGM, WYNN, LVS, BA, MO, LO, RAI, and DEO. Furthermore, does it offend you that Jesus Christ, the Great God of the Universe, would take filthy lucre and make it king of liberalism’s paradigm and age; and use it to build the US Dollar Hegemonic Empire to be the defining global kick ass, might makes right hegemon of all time, as Chris Rossini writes in Economic Policy Journal Bully Boys Teddy, Willy, & Barry trample liberty and strengthen the executive at every opportunity?

I am not offended, as Jesus in full glory of Ephesians 1:10, affected the Economy of God throughout the world, to have produced the most moral hazard based prosperity and interventionist nation state experience possible, on November, 29, 2013, and running through December 20, 2013.

Such an achievement was the Lord God acting in dispensation, that is in the administrative oversight of all things economic and political, to mature, complete, fulfill and perfect, a life experience in investment choice, coming from the inflationism of the dynamos of creditism, corporatism, and globalism, all based upon schemes of a Federal Reserve based debt trade and Global Banking currency carry trade investing.  This dispensation, being the very heart and mind experience of the Apostle Paul, as he wrote to the Ephesians in Ephesians 1:10.  I ask, just who were the saints at Ephesus?  They were the elect of God, those chosen from time past to hear of their appointment by God, in grace and truth, so as to be set free from the slavery of sin, that is doubt, and know the freedom of life in Christ.

This grand experience began to come to an when Jesus Christ, opened the First Seal of the Scroll of End Time Events on October 23, 2013, and released the First Horseman of The Apocalypse, Revelation 6:1-2, the Rider on the White Horse, who has a bow, yet no arrows, symbolizing his economic sovereignty over the world.

He effected a bloodless global coup d’état, and PIVOTED the world from the age and paradigm of liberalism to that of authoritarianism, and transferred sovereignty from traditional democracy strongholds, to nannycrats of all types to effect totalitarian collectivism, as evidenced by the bond vigilantes calling the Interest Rate on the US Ten Year Note, ^TNX,  the “Means of Economic Destructionism”, higher from 2.48%, and the currency traders selling the Major World Currencies, DBV, and the Emerging Market Currencies, CEW, putting to fiat money to death, thus introducing debt deflation, monetary deflation, credit exhaustion, and recession worldwide.

Jesus Christ finally put the monster in charge of liberalism, The Creature from Jekyll Island, to death between November 29, 2013, and December 20, 2013, when fiat wealth traded up to its rally high, and then traded lower in December, as is seen in the ongoing Yahoo Finance Chart of VT, IXG, EFA, VTI, EZU, EPP, EEM, VICEX, and FAGIX.

Thus, Jesus Christ is terminating liberalism as both an age and a paradigm, and is confirming this  with its levers of investment liquidity, the debt trade, Junk Bonds, JNK, and the Euro Yen  EUR/JPY, and US Dolllar Yen USD/JPY, currency carry trades, all  toping out.  Soon  US Stocks, VTI trading lower, on an unwinding Ultra Long Euro,  EUR,  and Ultra Short Yen, YCS, trade; which will be seen in the combined ongoing Yahoo Finance chart of the three.

Rather than looking in the economic rear view mirror, and calling to End the Fed, one should be looking and searching bible commentary to come to understand the Beast Regime, Revelation 13:1-4, its Sovereign, Revelation 13:5-10, and its Seignior, Revelation 13:11-18, that is the top dog monetary and economic lord, who in minting diktat money takes a cut, and to understand that the bond vigilantes operate the “Means of Economic Destructionism”, that is the Benchmark Interest Rate, $TNX, and to understand that nannycrats are rising to power, working in the dynamo of regionalism, which is powering up diktat policies of regional governance, and schemes of totalitarian collectivism.

Mike Mish Shedlock reports Average 30-Year mortgage rate hits 4.47%: Affordability check

As soon as the US Federal Reserve Announcement of Tapering was released, the bond vigilantes exerted control over the Benchmark Interest, ^TNX, and called the “Means of Economic Destructionism”, higher once again to 2.88%. Disinflation, that is falling demand, falling household formation, and falling consumer goods prices, are defining characteristics of economic recession; that will be further enforced by ongoing austerity of the new monster of regional governance and its totalitarian collectivist nannycrats, that is replacing the Creature from Jekyll Island.

Jesus Christ is acting in dispensation, is maturing, perfecting, and completing authoritarianism, through releasing all of the Four Horsemen of the Apocalypse to accomplish a deflationary bust, seen in Revelation 6:1-8, and bringing it to its zenith through debt servitude, where there will be an ever increasing crushing economic recession and austerity, as one experiences economic life in the dynamo of regionalism, as is foretold in Revelation 13:1-4, Daniel 2:25-45, and Daniel 7:7.

Buying homes on credit was an economic activity where one operated in the dynamo of liberalism’s creditism and corporatism.

Such will now be greatly curtailed, as Jesus Christ is acting in dispensation, maturing, perfecting, and completing authoritarianism, through releasing all of the Four Horsemen of the Apocalypse, to accomplish a deflationary bust, seen in Revelation 6:1-8, and is bringing it to its zenith, through debt servitude, where there will be ever increasing crushing economic recession and austerity, as one experiences economic life in the dynamo of regionalism, as is foretold in Revelation 13:1-4, Daniel 2:25-45, and Daniel 7:7.

The bond vigilantes in calling the Benchmark Interest Rate, ^TNX, and the currency traders in selling the World’s Major Currencies, DBV, and the Emerging Market Currencies, began destroying fiat money on October 23, 2013, and then fiat wealth on December 20, 2013. Through their combined actions they are increasing the economic costs of household formation and maintaining a home.

Dr. Ed Yardeni asks Another soft patch ahead? The rebound in the chart of the Citigroup Economic Surprise Index over the past 10 days might not be sustainable into the start of next year. I’m not turning pessimistic about the outlook for 2014. I am just raising a warning flag given the remarkable increase in inventories recently and weakness in pricing.

Open Europe posts EU member states agree to “deepen defence cooperation” Irish Times Telegraph Irish Times: Ashton European Voice European Voice 2 Euractiv BBC Welt Welt 2 Reuters FAZ Le Monde Times Irish Independent European Council conclusions: Security and Defence Policy

EU member states agreed yesterday to make a “strong commitment to the further development of a credible and effective CSDP [Common Security and Defence Policy], in accordance with the Lisbon Treaty.” Measures include more flexible and deployable EU Battle groups, changes to how EU missions are financed as well as co-operation on drone, satellite, refuelling aircraft and cyber-security development “supported by the European Defence Agency”. Referring to reports that France had hoped to allow for EU funding of its current mission in the Central African Republic, Le Monde cites President Hollande as saying, “We got what we could get”, while adding that he hopes to transform it into an EU mission but that only Poland has so far expressed willingness to get involved. David Cameron said, “It makes sense for nation states to cooperate over matters of defence to keep us safer”, before stating the EU summit conclusions did not refer to an EU army.

Dr. Housing Bubble writes the thought provoking article Is California gentrifying the middle class out of the state?

Intellilhub reports Now that Obama is allowing chicken from China

Dr Sircus writes of the new normal of Ice age winter; and Elaine Meinel Supkis writes frequently on the subject of the new normal of whether phenomena, posts Global warming fanatics ban all contrary debate while utterly ignoring severe cold covering North America and writes Snow In Egypt: Global cooling more and more obvious, communicating the end of global warming.

WeLiveSecurity communicates of the coming cashless society Biometric ‘Smart ID’ card could offer the ultimate in portable security.  A new ‘Smart ID’ card, BluStor, aims to “eliminate hacking and identity theft”, using a combination of voiceprints, fingerprints and iris readings and connecting to mobile devices via Bluetooth, so an app can confirm a user’s ID instantly. The card stores biometric details for users, and connects to BluStor’s Secure Mobile Briefcase app, which checks fingerprints, iris scans or voiceprints against the ones stored on the card, according to a report by Biometric Update.

For me, there are two things worthy to invest in. The first is an ism.  In EconomicReview Journal, I blog on the dynamo of regionalism, as I comment on Liberalism and Authoritarianism, in light of dispensationalism.  And the second is keeping Christ’s Word and not denying His Presence And Authority.

An ism is defined as a process that produces a state-of-being from ideas; one adopts an ideology, and then embraces an ism, and the two produce the individual’s state-of-being, where one has life experience.

There be many isms; every person, has an ism: each individual has economic action out of some movement.

Liberalism’s dynamos of creditism, corporatism, and globalism established economic systems such as India’s terrifically corrupt capitalism, France’s municipal finance socialism, Greece’s pork and patronage socialism, Australia’s crony capitalism. People living in democratic nation states had life experience out of liberalism’s isms. Some strive to be libertarians, and read Hayek, Mises, and Rothbard, string to have experience out of libertarianism. People had economic action out of the movement of bankers and nation state leaders operating in policies of investment choice and schemes of debt trade investing and currency carry trade investing.

Mike Head of WSWS writes Australia’s Auto closures pose need for a global workers’ strategy. The ending of production in an entire country is a concentrated expression of the ongoing, ruthless restructuring of the global auto industry; and calls for commitment to a life of Trotsky socialism, specifically a new international socialist strategy.

Authoritarianism’s singular dynamo of regionalism produces regional governance and totalitarian collectivism; increasingly people will be living in regions of economic governance, and having life out of totalitarian collectivism.  Increasingly people will have economic action out of the movement of regional nannycrats operating in policies of diktat and schemes of debt servitude.

Libertarian Mike Mish Shedlock writes Twenty-Three hurt in Spain protest against anti protest legislation; Peripheral Europe powder keg ready to explode.  As bad as all this is, the Euro made matters far worse. It can’t and won’t last.

Please consider that the Euro was conceived and designed in eternity past by God to be enduring. He produced the Euro out of the concepts of the Euro’s Father, Columbia University Professor Robert Mundell, who received the 1999 Nobel Prize in Economics for his 1961 paper “A Theory of Optimum Currency Areas”, as cited by EconoLib.org and other internet resources.

Through the singular dynamo of regionalism, a Euro Superstate, that is a One Euro Government, will emerge, as is foretold in bible prophecy of Revelation 13:1-4, Daniel 2:25-45, and Daniel 7:7.

For most people, the ism of regionalism, will produce debt servitude in the diktat of nannycrats as the way of life under authoritarianism. But as for me, I commit to dispensationalism, and keep Christ’s Word, and do not deny His Name, as I am committed to living in His presence and authority, and have movement out of His Spirit.

The Independent reports Unemployed told to leave Ireland in desperate move to slash welfare costs

Bill Bonner writes The Affordable Care Act is not designed to help anyone live longer or to lower the cost of healthcare. You may care about those things. But the people who run the government have their own motives and incentives. And they are not the same as yours. Instead, they aim to satisfy a more basic desire of government: to control people and transfer wealth.

Government has always desired to control people and transfer wealth; now the Government is getting supersized as part of God’s plan to have the Beast of Revelation 13:1-4 replace the Creature from Jekyll Island.

Each person, has time, talent, and treasure, that is personal property; and is invested in something. Each should have a definition of money; money is defined as the credit and flow of a household or stronghold.

The Apostle Paul reveals in Ephesians 1:10, Ephesians 3:2, Ephesians 3:9, and Colossians 1:2, that Jesus Christ is in the Sovereign Lord of the Universe, and that He is active in dispensation, that is He is exercising administrative management of all things, in each of mankind’s ages, to make them full and complete.

Dispensationalism comes from Strong’s Greek word oikonomia, #3622, dispensation, and means household dispensing, household stewardship, household management and economic oversight of property for the completion of every age, era, and epoch and time period. Dispensations are time of mercy and judgment.

Dispensationalism produces both the “saints” and the “aints”.

The Dispensation Economics Manifest, that is the dispensation ideology, is the foundation for a life experience of economic action in the person of Christ, having His virtue and ethics, and this establishes one as elect, living in spirituality and righteousness, separating from fiat who live in death, carnality and iniquity, and that Jesus Christ is introducing Fifteen New Things, which will result in the utter destruction of society as it currently exists.

Dispensationalism presents that Jesus Christ, opened the First Seal of the Scroll of End Time Events on October 23, 2013, and released the First Horseman of The Apocalypse, Revelation 6:1-2, the Rider on the White Horse, who has a bow, yet no arrow. This is the Bow of Economic Sovereignty, and symbolizes his economic sovereignty over the world, to effect a bloodless global coup d’état, and PIVOTED the world from the age and paradigm of liberalism to that of authoritarianism, and transferred sovereignty from traditional democracy strongholds to nannycrats of all types to effect totalitarian collectivism, as evidenced by the bond vigilantes calling the Interest Rate on the US Ten Year Note, ^TNX, higher from 2.48%, and the currency traders selling the Major World Currencies, DBV, and the Emerging Market Currencies, CEW, thus introducing debt deflation, monetary deflation, credit exhaustion, and recession worldwide.

Disinflation, that is falling demand, falling household formation, and falling consumer goods prices, are defining characteristics of economic recession; that will be further enforced by ongoing austerity of the new monster of regional governance and its totalitarian collectivist nannycrats, that is replacing the Creature from Jekyll Island.

Under liberalism, investors in democracies were the legislators of economic value and the legislators of economic life that shape one’s means and one’s ends.

Now, nannycrats working in public private partnerships like Obamacare are the legislators of economic value and are the legislators that shape one’s means and one’s ends.

5) … A guide to experiencing the full salvation of God.

Jesus, being the Sovereign Lord God, has domain over all, and rules sovereignly in his realm where He provides the fullness of salvation. Wayne Brown presents Today’s Bible Verse Revelation 3:7-13

An inquiring mind asks, does Revelation 1:1 indicate a near to the original readers and hearers fulfillment; or does it indicate an ongoing fulfillment, or an end times fulfillment?

If one be of the preterist viewpoint, then one believes Seven reasons Revelation is about a past local judgement of Jerusalem.

Please open the door, and “enter the concept” that the book was written to believers of all ages, especially for the end time saints, to strengthen them so as not to fall prey to the best Beast Regime, Revelation 3:1-4, or the Beast Ruler, Revelation 3:5-10, or the Beast Monetary And Economic Lord, Revelation 1:11-18,  this is especially true if one believes that Jesus has an ongoing economy of God as presented in Ephesians 1:10.

Joseph Franks writes The Revelation of Jesus given to John is not written about seven church ages but about obedience, and communicates about rebellion or submission.

He concludes writing, Let us be less satisfied with external prosperity and reputation, and more concerned regarding internal vitality and character.  Many of these congregations looked good on the outside, especially the church from Laodicea.  But God sees the heart, and he is not as easily impressed.  It would be a shame to have sharp buildings, impressive ministries but no Holy Spirit.

Keep your eye on the prize.  Like Abraham, we are to long for the heavenly city.  Like John, let us clothe ourselves with the garment of God so we can enjoy the presence of God.  Some day soon we will be in the place of God, and there we will eat with God.  Paradise is not here yet, but it is coming.

While I live in Christ, I reside in Claritas Prizm 66, that is in Low Rise Living, in Bellingham Washington’s Urban Core in the Sea Breeze Apartments, where there are many psychopaths.

Most assuredly, the Nephilim have returned, for as Christ communicated, as it was in the days of Noah, so it shall be in the days of the coming of the Son of Man. These creatures, lacking remorse and seeking to be preeminent, have no enduring person; rather they are chameleons, who get life satisfaction from having social flare, and being a busy body in my affairs. They are like the Trilobite which impregnated the Engineer in the movie Prometheus.  The psychopaths, having no remorse, and no capability or desire to relate in ethics and virtue, are truly dangerous people; and these bears, lions, and leopards, roam about here in the inner city, getting a franchise of SSI/SSD, Food Stamps, Section 8 vouchers, and Utility Assistance.  From such I have a “no contact order from God”; I must withdraw, yes, I must turn away.

Paul Hilt asks Did the Giants of Genesis 6 come from the children of men and angels?  I relate that   archaeologists are continually finding their skulls, evidencing that they did indeed exist. And L.A. Marzulli, author, lecturer, and researcher talks about some of his research and books that deal with ancient history of the giants.

Most assuredly the Nephilim have returned and are in occupation; these include parabatai Eilidh and Sarah of cofounders of British Nephilim, who inform City of Bones is out on DVD in America. This twosome dabble in supernatural stories that have become cultural phenomena, like  “Twilight” and “The Mortal Instruments”.

In conclusion, please consider Christ’s Titles, and that He Who Holds of the Keys of David, Revelation 3:7, …  is the Faithful and True Witness, Revelation 1:5; 3:14,  … and is there helping you be faithful so as to come to know the full salvation of God.

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