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There is an old saying, when you learn better you improve and this especially is applicable to the word of Jesus. When we get His word in our heart give do better by employing it to our life. Whenever we would apply His word over our circumstances, things will change for states.
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We continue to receive many questions on is happening in the markets. First we in order to revisit a train of thought we have been talking about for you will discover couple of months. Advise that in October 2002, the equity markets ended their two year decline and started to create significant run the. The S&P went from the of 785 in October 2002, to a high of 1562 in October of 2007. Which a rise of 777 points, will be 1174. Since then, the S&P has moved down, but has never yet reached the 50% re-tracement capacity. This level is the midway point between the bottom of October 2002, and also the high of October the year 2007.
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All about this new demand combined with tight supply levels as the of these resources can lead to higher commodity prices. Add to this equation the actuality the world reserve currency is us states dollar knowning that currency has declined over 40% in value the particular past several years. Sure the dollar is experiencing a growing process rally here, but lasting it is certainly down.
Meanwhile, China downgrades the usa treasuries, i always agree should be, but they upgraded Chinese debt, CONVENIENTLY, as China's AG Bank was finding their IPO, and we have now the Chinese reducing US Treasuries by 3.6% for the purpose Chinese credit card debt? Give me a break, the all those bad loans they have carefully removed off the books, yes, of course reality and transparency. I guess the Chinese have learned from our banks and treasury approaches. They are buying into themselves to obtain a boost, and also in doing so putting way too much trust on nobody.
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