Investing with Insight

[JROCK]

www.investingwithinsight.com/home.php

This is a company that believes God can guide you in the area of investing and finance.

I believe this also, but it's ok if you disagree or have a hard time with it.

This thread is open for civil debate on the issue of God and finance.

[tronik]

Well don't necessarily believe that "God" can guide me but sometime do i believe in things like omens and what not. I even have fortune from a fortune cookie i go on my wall that say you will be successful in my work as well as another Hindu charm by my door. I'm not sure about how they affect anything but at least the provide positivity, motivation. and comfort sometimes.

Just like in slumdog millionaire

-It is written

[JROCK]

Market Wrap (July 24th, 2010) - MP3

Here is a prophetic dream from one of our forums that may be predicting the future direction of the markets. Dream:Bear Market Date Revealed:10:50 a.m., July 19, 2010Keywords:There are no keywords associated with this post"I dreamed I was walking along when a huge bear many times the size of a normal bear walked up to me growling. It stood up on its hind legs and started raging and roaring at me. I stopped and stood there looking at it in total peace, no fear or panic. Our eyes locked and his were in a fury at me. He was baring his teeth and drooling, roaring in a great rage. I felt totally unmoved by anything he did. While I didn't see this I knew he eventually dropped back down on all fours and walked away with no damage or effect to me at all. I don't know how long it took for him to stop as the dream ended while he was still roaring. He didn't run up to me but just walked at a normal pace while growling."

I feel that the bear represents a bear market we are going to be facing in the near future but not immediately. It will be bigger and fiercer that what we have already seen but we are to be unmoved by it and stay in peace knowing it will eventually leave as normally as it came. Don't know how long it will last but my sense is not an extremely long time. If we stay in peace and not react in the flesh with fear and panic we will be undamaged when it is over. The scripture came to me also 1 Peter 5:8: Be sober, be vigilant; because your adversary the devil, as a roaring lion, walks about, seeking whom he may devour: Basically all I had to do was stand there until it was over and then continue on as if nothing had happened.


Weekly Market Update:

These notes are taken by Shirley Burris, who acts as a scribe for our weekly meetings, and transcribes the audio for others who are part of our prophetic investing community. Thank you, Shirley.

WEEKLY MARKET REVIEW/EURO
Many important things going on in the market right now. The 91-Euro-bank stress tests held, with seven failed (small) banks (five in Spain), causing relief to the Dow yesterday, which rose 102 points. The results were released after the Euro market closed and before the American market opened yesterday. What did they test? Open trading books but nothing in vaults (govt bond losses were not applied to hold-to-maturity bonds, didn't test risk of sovereign default). So, the Euro rallied to 1.30 but fell to 1.28 within 1-1/2 hrs (small whiplash).

Ken referenced article re: Italy's potential long-term problems concerning 30% gray (underground) economy, where people work their entire lives but don't pay taxes, yet they're asking for retirement benefits.

The Lord has told IWI to follow Greece and Hungary. Hungary has had an agreement with the IMF for funding that wasn't popular with the people, so the PM proposed throwing off IMF/EU regulations to go with a populous program of going further into debt so they could be rich (what everyone is doing right now). As a result, two rating agencies have threatened them with downgrade. If they are downgraded, it will be a desperate situation.

Greece has been trying to get its budget in line, so people have felt the country will be okay, but Ken thinks not. Greece's tax-collecting agency is unionized and rioted recently. The country is trying to kick its retirement age up to 60 from 50/55 but it's unsupportable, and Greece also has a gray economy. The new situation with Greece (not Hungary) is that the EU has agreed to an IMF bailout of Greece, but it requires 100% approval of every EU nation. 8/5/10 is the preliminary preparation date for Greece, but it doesn't look like they're ready. This could go either way, because some are saying there's no other choice but bailout. If they aren't bailed out, they couldn't pay their bonds, their economy would collapse, wages/benefits would be slashed, etc. Greece has one thing going for it. Since Turkey has turned its back on Israel and has turned to the Islamic nations, Greece has now become great friends with Israel and may provide many of the services that Turkey use to.

[JROCK]

NEAR-TERM MARKET FORECAST
Ken displayed/reviewed the death cross chart as a market guide (link is $sxp under Consistently Popular Charts in top/middle area of stockcharts.com home page). S&P 500 on the way up over last four days; are watching this because trend still seems downward. On the one-year S&P chart, he noted the continuing head and shoulders pattern, which usually means the market's going to head down. Because we're in little up move right now, if it continues, we may be in changing market direction. The up move is spurred by earnings season, because some companies are making money through layoffs, cost-cutting and other methods but not increased gross sales to help the American economy. It's also not helping America that 30% of top U.S. companies are multi-national.

Ken summarized Chuck Pierce's 7/10/10 24-day notice of potential financial crisis, asking for fasting/prayer concerning that the countdown has already begun (posted on Insight Forum and at http://www.gloryofzion.org/outmail/7...angeOnline.htm ). Cindy Jacobs also had recent revelation (posted onsite in string with Chuck Pierce's word) that matches Chuck's but with no timeframe - saw the scale of justice teetering based upon level of righteousness in the U.S.--calling for prayer and fasting. Ken said the USD has recently boomed because people are running to it, but that the situation may be changing.

At Peter Wagner's conference, Ken learned we may have a new currency coming - not the Amero, but perhaps a U.S./Chinese currency combo, fully or semi-gold-backed; don't have a timeframe on how long it may take, possibly years. So, Ken sees the dollar coming under attack. He said the Chinese have decided to get into the "rating industry"- five or so companies in the world currently have the authority to rate other countries' bonds. China has taken on evaluating the USD, Euro and their own Yuan, giving the U.S. a AA- rating with a negative outlook. Ken commented about how several prophets have seen China becoming the most powerful nation on earth in the future.

KINGDOM FINANCIAL CONSULTATION REPORT
Ken said Peter Wagner's conference he attended last year was called the Kingdom Forex Consultation, but the name has been changed to the Kingdom Trading Consultation, which he attended last week. Dr. Wagner has vision for creating wealth and multiplying it. They had a full day of meetings on Friday, and Ken reviewed the key presentations below:

Peter Wagner's Vision: Ken gave an overview of Peter's vision of a chain having four links: 1) Providers (who create wealth, including corporations), 2) Managers, 3) Distributors and 4) End-Users (missions). Peter said we've been bypassing the two groups in the middle, and he sees the need for managers to multiply wealth many times over. Ken said some information is confidential, so he's releasing only what he's able to.

Peter Wagner Blesses Ken: While they were gathered, Peter told Ken he wanted to talk with him; and he told Ken that an indicator in his spirit said that Ken is an apostle and he explained what that meant. Peter was a Bible teacher at Fuller Seminary, and he told Ken there's an "apostolic anointing" for a person who listens to the prophetic, synthesizes it and puts together strategies and plans, and it's in/on Ken. Peter said it's needed in the Body. The next day, Peter prayed for each person. As he laid hands on Ken's head and prayed and released an apostolic blessing.

Ken feels that the Lord is singing over Zion (Zion being the Church and the seven mountains) with all the prophetic songs - "Tie a Yellow Ribbon" meaning we still want Him - and he listed the others. Just before he left Colorado Springs, he received another song, "I Write the Songs" by Barry Manilow, meaning the Lord writes the songs and is not just singing the old Church songs, releasing His new sounds into new ministries, musical groups.