Gold, Silver and Oil: Economic Update

by Wes Bridel on April 28, 2010

in Economic Updates

Gold, silver and oil discussed in today’s video as we continue our economic update discussion.  We’ll focus on news from Russia, China, Iran and Europe.  Developments in these countries with regards to gold, silver & oil will have a direct impact.  For instance, Information that is new to us on how war in Iran will have a huge impact on oil prices.  Russia and China are buying up all the gold they can.  As we’ve stated before, Silver is poised to make the biggest jump due to lack of supply.  All this and more inside the video.

This economic update is part of a series which follows The Coming Storm that we put out in November which describes in detail how and why we will see not only a market crash, but far worse in our economy.  If you have not seen this video, please go immediately and watch it for free so that you understand what you are facing.

SocialTwist Tell-a-Friend

{ 1 trackback }

Economic Update: Hyperinflation Signs | Kingdom Calling
04.29.10 at 5:07 am

{ 2 comments… read them below or add one }

Jigga 04.28.10 at 10:55 pm

God Bless You TOO Wes,
Thank you and do you recomend that I buy Silver, like a chain. Gold is too expensive for me right now in this economy. Concerning Oil, should I be worried about my far commute to work in the near future? Thank you for ur updates and remember. “God Governs Man but Prayer Governs God.”
Jason

Wes Bridel 04.30.10 at 5:32 am

Sorry I’m slow to respond Jigga. You should focus on buying 1 oz. silver coins. You can get either 1) non-gov’t coins which you can get for +/- $1 over spot price (spot price can be found at http://www.kitcosilver.com/) or 2) gov’t coin like a US Silver Eagle, Canadian Maple Leaf, etc which will cost +/- $2 over spot. (Currently you can sell these back at $1 over spot, but I don’t know if that premium will go up or down in the times ahead. In other words, a silver coin costs around $20, so these would be good to accumulate.

Yes, I think there will be a whole lot less driving for a time in the future. A long commute will be difficult. Not sure how long that reality will last. Whether a short time or long, but it could be considerable. Hard to say.

I’ll add to your last quote. God is sovereign. His plan for Man, that He has planned from the beginning and foretold through many is coming to pass. This is not something we can change through soulfull/flesh focused prayers. It is however instructive to understand that He is like a perfect Father of children. If the children want to do something that is not in their long term best interest, or is in some other way against the family plan that the Father has in place, the children will be disciplined and brought back into order. At the same time, the Father loves His children, and if they want something that is inline with His will for them, then He is glad to give by their asking (prayer).

Thanks for reading Jigga. I really appreciate you! wes

Leave a Comment

You can use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Previous post: God is Working Out His Purposes in Man

Next post: Hyperinflation Signs: Economic Update