WEBVTT 1 00:00:03.279 --> 00:00:07.080 Welcome to Financial Issues, where we help you steward faithfully 2 00:00:07.280 --> 00:00:10.919 by honoring God with your investments. Now listen in as 3 00:00:10.919 --> 00:00:13.720 we give you the practical tools and advice you need 4 00:00:14.000 --> 00:00:16.559 to become a biblically responsible investor. 5 00:00:22.879 --> 00:00:25.960 This is Financial Issues, where we help you defund darkness 6 00:00:25.960 --> 00:00:28.760 and fund the light by investing with biblical integrity. We're 7 00:00:28.760 --> 00:00:31.440 happy to have you on today's show, folks, gold shining, 8 00:00:31.559 --> 00:00:34.840 oils boiling. What's really driving these markets? Well, we'll find 9 00:00:34.840 --> 00:00:36.679 out in just a moment. I'm Sethi Dinsky, Sam Case 10 00:00:36.719 --> 00:00:39.159 in the control room and we've got your host, Mark Manilla. 11 00:00:40.479 --> 00:00:42.840 Welcome everyone, Glad to be here this morning. 12 00:00:43.280 --> 00:00:45.119 Good stuff, Mark, We're happy to have you folks. Hey, 13 00:00:45.119 --> 00:00:48.200 the phone number is six' ten three six three eleven. 14 00:00:48.280 --> 00:00:50.840 Ten get your calls queued up right. Now we'd love 15 00:00:50.880 --> 00:00:53.359 to speak with you here on financial. Issues it's a 16 00:00:53.359 --> 00:00:54.840 great day to be here with you. All six' ten 17 00:00:54.880 --> 00:00:57.439 three sixty three, Eleven ten Mark and sam our versus. 18 00:00:57.439 --> 00:00:59.560 The week let's remind our listeners of. This one timothy 19 00:00:59.600 --> 00:01:03.240 six seven through, eight, says well we brought nothing into, 20 00:01:03.240 --> 00:01:04.760 the world and we cannot take anything out of. The 21 00:01:04.760 --> 00:01:07.640 world but if we have food. And clothing, with these 22 00:01:07.840 --> 00:01:11.439 we will. Be content great, Verse there mark love that's 23 00:01:11.719 --> 00:01:13.040 absolutely content? 24 00:01:13.239 --> 00:01:18.239 Or discontent which tent do you? Live in, YOU know 25 00:01:18.439 --> 00:01:20.400 i have a question, About, This mark so you Know 26 00:01:20.439 --> 00:01:24.920 elsewhere paul talks about, learning contentment it's not just Something that, 27 00:01:24.959 --> 00:01:28.200 god magically, you know imbuse. You with it's something you 28 00:01:28.239 --> 00:01:30.280 have to learn. Throughout life so what do you think 29 00:01:30.319 --> 00:01:31.359 that learning process? 30 00:01:31.359 --> 00:01:35.079 Looks, like yeah it's a. GOOD question i. Know that 31 00:01:35.840 --> 00:01:36.359 what is It? 32 00:01:36.400 --> 00:01:40.879 In philippians, He THINKS so i have learned in WHATEVER state, 33 00:01:40.959 --> 00:01:44.799 i am to, Be content i've learned to. 34 00:01:44.840 --> 00:01:48.280 Be content it doesn't say that. 35 00:01:49.239 --> 00:01:53.280 He is he was just made content or it. Just happened, 36 00:01:53.519 --> 00:01:55.920 HE said, I learned and that little word is. Very 37 00:01:55.920 --> 00:01:58.359 important so how do? You learn is that's A question 38 00:01:58.439 --> 00:01:58.879 i'm getting. 39 00:01:58.920 --> 00:01:59.519 AT you i, guess. 40 00:01:59.599 --> 00:02:02.640 Yeah right and it made, me think by, the way 41 00:02:02.680 --> 00:02:04.079 when you, ask that and it's. 42 00:02:03.959 --> 00:02:04.959 How do you learn to? 43 00:02:05.000 --> 00:02:07.319 Be content the first thing that came into my mind 44 00:02:07.439 --> 00:02:14.840 is obviously it comes from practicing. BEING content i know 45 00:02:14.919 --> 00:02:18.159 that sounds, really strange but if you don't count your, 46 00:02:18.159 --> 00:02:20.240 blessment blessings how can you? 47 00:02:20.280 --> 00:02:23.039 Be content if all you're doing is looking out for 48 00:02:23.120 --> 00:02:24.879 what you, don't have you're never going to. 49 00:02:24.960 --> 00:02:28.759 Be content but if you're embracing those things That the 50 00:02:28.800 --> 00:02:33.000 lord has provided, for you you could be. More content 51 00:02:34.039 --> 00:02:38.319 counting your blessings would be one of. Those areas another 52 00:02:38.439 --> 00:02:43.319 it WOULD be i. DON'T know i always thought that 53 00:02:43.800 --> 00:02:46.879 the big difference for me was knowing the difference between 54 00:02:48.280 --> 00:02:49.000 my wants and. 55 00:02:49.080 --> 00:02:50.639 My needs does that? 56 00:02:50.719 --> 00:02:50.879 Make? 57 00:02:50.960 --> 00:02:55.120 Sense, oh yeah you're very hard to tell the difference 58 00:02:55.120 --> 00:02:55.639 between those. 59 00:02:55.639 --> 00:02:59.280 Two, things yeah, Oh absolutely but, you know it comes 60 00:02:59.599 --> 00:03:02.599 it us come down to being. Very basic what your 61 00:03:02.639 --> 00:03:06.560 needs Are as, paul says, you know if Are as, 62 00:03:06.639 --> 00:03:10.719 christ says As the word says, multiple times if we 63 00:03:10.840 --> 00:03:14.080 have clothing, and food we should. 64 00:03:14.120 --> 00:03:16.199 Be content right If. 65 00:03:16.199 --> 00:03:18.719 Then, christ says don't even worry about. Those things see, 66 00:03:18.840 --> 00:03:21.520 you first and that's why we can be. 67 00:03:21.599 --> 00:03:26.520 Content EXACTLY so I don't i think it's very easy 68 00:03:26.759 --> 00:03:30.599 in the sense that if we would just take the 69 00:03:30.719 --> 00:03:34.759 time just once, a day or start with once, a 70 00:03:34.840 --> 00:03:40.479 day but as often, as possible Really thanking god for what, 71 00:03:40.520 --> 00:03:44.120 we have not not, coveting it but, just, saying wow 72 00:03:44.280 --> 00:03:47.039 YOU know i have so much MORE than. I. NEED lord, 73 00:03:47.360 --> 00:03:51.240 i mean Think. About, america well there's COMMERCIALS on tv 74 00:03:51.439 --> 00:03:54.759 where people are paying people to come and remove stuff from. 75 00:03:54.840 --> 00:03:59.599 Their wife, you know you know where you just point 76 00:03:59.680 --> 00:04:01.680 and we'll move. It out, you know we'll get rid. 77 00:04:01.680 --> 00:04:04.240 Of all, you know we'll empty, your garage we'll empty. 78 00:04:04.240 --> 00:04:07.520 Your basement we have, so much and yet we're. Not 79 00:04:07.680 --> 00:04:12.719 content contentment doesn't come. From materialism it comes from embracing 80 00:04:12.800 --> 00:04:15.479 the Provision. Of god, that's right and we got to. 81 00:04:15.520 --> 00:04:19.120 Practice it we practice it by saying Thank, you lord Thank, 82 00:04:19.160 --> 00:04:21.360 you lord thank you, for this thank you for, my 83 00:04:21.439 --> 00:04:25.040 wife thank you for the shelter, we have thank you 84 00:04:25.120 --> 00:04:31.360 for all this. WONDERFUL stuff, i mean it's just contentment 85 00:04:31.399 --> 00:04:33.959 goes away when we start looking around, and SAYING but 86 00:04:34.040 --> 00:04:36.759 i don't, have THIS or i don't. Have that we 87 00:04:36.879 --> 00:04:40.079 got to practice and discipline ourselves to be looking at 88 00:04:40.079 --> 00:04:42.240 what we do have and, Then, saying. 89 00:04:42.160 --> 00:04:44.160 Lord what is it you want me to do? With 90 00:04:44.240 --> 00:04:46.639 This you've you've entrusted me with. 91 00:04:46.720 --> 00:04:48.879 So much and that's what Being a, Stuart's about that's 92 00:04:48.920 --> 00:04:52.000 what financial issues. Is about bringing it back to stewardship 93 00:04:52.079 --> 00:04:56.439 is Understanding that god has provisioned you one hundred percent 94 00:04:56.519 --> 00:04:59.160 of everything you need at this moment to be Closest. 95 00:04:59.199 --> 00:05:04.560 To him the trick is to, realize that to realize 96 00:05:04.560 --> 00:05:08.279 that and embrace it and understand and start understanding what 97 00:05:08.399 --> 00:05:09.279 is it you want me to do? 98 00:05:09.399 --> 00:05:11.000 With, this well we know what. 99 00:05:11.000 --> 00:05:14.040 That is and that comes back To glorifying him with 100 00:05:14.079 --> 00:05:17.199 it that whether it's passing it on as a Conduit 101 00:05:17.240 --> 00:05:19.920 of his blessings, to others whether it's using it in 102 00:05:19.959 --> 00:05:24.480 a way that helps others in our world to draw Closer, 103 00:05:24.480 --> 00:05:27.800 to christ or even ourselves by feeding and caring for 104 00:05:27.879 --> 00:05:32.319 our children and our spouses And whoever god puts in, 105 00:05:32.360 --> 00:05:36.120 our path by, practicing contentment that would be my answer. 106 00:05:36.160 --> 00:05:38.240 To, that sam, Great. 107 00:05:38.000 --> 00:05:40.439 Stuff mark six ten three six three eleven ten and 108 00:05:40.439 --> 00:05:43.399 folks check us out financial issues dot Org again financial issues. 109 00:05:43.439 --> 00:05:46.160 Dot org join the live. Broadcast today we'd love to hear. 110 00:05:46.199 --> 00:05:48.439 From you, all, right guys let's jump in silver and 111 00:05:48.480 --> 00:05:50.680 gold or gold, and silver whichever one you want to. 112 00:05:50.720 --> 00:05:53.759 Come first i'm preferring gold right now to. Silver Personally, 113 00:05:53.800 --> 00:05:57.720 but sam what were the numbers that we? Saw yesterday 114 00:05:57.759 --> 00:06:01.879 as we're seeing these these two different types, Of investments i'm. 115 00:06:01.680 --> 00:06:05.399 Like a little dwarf, gold, gold, GOLD gold, I know, 116 00:06:06.600 --> 00:06:10.160 i know a dwarf or pirate take. Your, Pick, pirate 117 00:06:10.360 --> 00:06:13.639 yeah so it. WAS down, I. 118 00:06:13.600 --> 00:06:16.720 Know i was doing the beach. 119 00:06:16.800 --> 00:06:19.839 Last week it. Wasn't vacationing it was obviously, you know you. 120 00:06:19.879 --> 00:06:24.600 Were forging you're looking for. The treasure, but unfortunately when 121 00:06:24.600 --> 00:06:27.319 you were looking for, that treasure gold was down a little. 122 00:06:27.319 --> 00:06:30.079 Bit yesterday so whatever, you found it's worth a little 123 00:06:30.120 --> 00:06:33.240 bit less than it, was before although it did see 124 00:06:33.279 --> 00:06:35.759 some nice gains before hitting its highest numbers in almost 125 00:06:35.800 --> 00:06:39.920 two months and it's biggest weekly Gain. Since january, silver 126 00:06:40.120 --> 00:06:43.079 meanwhile has yet to return to its highs from early in, 127 00:06:43.079 --> 00:06:45.240 the year though it should be noted that silver is 128 00:06:45.279 --> 00:06:48.639 still up around seventy percent higher from the same time, 129 00:06:48.920 --> 00:06:52.120 last year so it's it's by no means. Down overall, 130 00:06:52.639 --> 00:06:54.759 so uh, You, Know mark i'm looking at all the 131 00:06:55.199 --> 00:06:58.040 news and the hubbub, about gold and they're all pointing 132 00:06:58.040 --> 00:07:00.199 to the War. In iran, they're saying the War in 133 00:07:00.199 --> 00:07:03.959 iran is why gold is. Up again but really gold's 134 00:07:04.319 --> 00:07:07.839 not been rallying during, the war so why is that 135 00:07:07.879 --> 00:07:11.800 and what's been behind this latest this little drive that it's. Been, 136 00:07:11.800 --> 00:07:15.600 On greed no. Take it you know. 137 00:07:17.480 --> 00:07:20.639 You're right about the war did not affect gold the 138 00:07:20.680 --> 00:07:24.600 way everybody normally would expect it. To go when uncertain, 139 00:07:24.639 --> 00:07:29.600 times arise people go. To, safety well oftentimes people think 140 00:07:29.639 --> 00:07:32.279 that gold is safe and they'll. GO there i think 141 00:07:32.360 --> 00:07:36.120 probably because the run up of gold prior and maybe 142 00:07:36.160 --> 00:07:40.639 even during the beginning ran it up so high that 143 00:07:40.720 --> 00:07:42.959 most people, are saying you, know what maybe it's not 144 00:07:43.000 --> 00:07:45.879 as safe in gold as it. Could Be but i'll 145 00:07:45.879 --> 00:07:49.240 tell YOU where i think the disconnect really has, come 146 00:07:49.240 --> 00:07:54.240 from because, you know with this, newest rally it's almost. 147 00:07:53.920 --> 00:07:55.399 The reverse story of what's. 148 00:07:55.439 --> 00:07:58.920 Going on softer, employment numbers lower, treasury yields a, weaker 149 00:07:58.959 --> 00:08:02.920 dollar great or optimism that the Progress was iran is 150 00:08:02.959 --> 00:08:06.199 gonna make everything work and the strait's going to. Be 151 00:08:06.240 --> 00:08:09.160 open all that seems like gold should be. Pulling back 152 00:08:09.680 --> 00:08:14.519 but what is pulling back real strong. Is bitcoin and 153 00:08:14.560 --> 00:08:17.639 as money moves, from bitcoin which people for quite a 154 00:08:17.720 --> 00:08:20.600 few years has been seen as an alternative to gold, 155 00:08:20.639 --> 00:08:23.920 for safety as they're starting to realize it's all, made 156 00:08:24.000 --> 00:08:29.399 up there's nothing there and that easily could be gone 157 00:08:29.839 --> 00:08:32.720 in just a blank of, THE eye i think they're 158 00:08:32.720 --> 00:08:36.679 starting to move back to the metals. 159 00:08:36.480 --> 00:08:39.080 If we all collectively stop playing pretend with. 160 00:08:39.159 --> 00:08:43.120 The, bitcoin yeah as soon as the first, child said 161 00:08:43.159 --> 00:08:43.799 the king has. 162 00:08:43.840 --> 00:08:47.080 NO clothes i think that happened not so. 163 00:08:47.200 --> 00:08:49.679 Long ago and people are starting to move out, of 164 00:08:49.759 --> 00:08:52.200 BITCOIN and i think that's the offset we're seeing that's 165 00:08:52.279 --> 00:08:53.240 making it all feel. 166 00:08:53.320 --> 00:08:57.440 So different why it's not tracking normally like it would 167 00:08:57.559 --> 00:09:00.000 underwar or or under grade. 168 00:08:59.799 --> 00:09:03.200 A economic times are under poor economic. You know the 169 00:09:03.240 --> 00:09:06.600 reason it's not tracking properly is we had an offset 170 00:09:06.679 --> 00:09:11.559 of losing fifty percent of the value, a bitcoin where 171 00:09:11.600 --> 00:09:14.039 as people moved out of that to move into something. 172 00:09:14.080 --> 00:09:18.840 More, Substantial, interesting mark What about silver's going on? 173 00:09:18.840 --> 00:09:21.519 With, silver well, you know silver is a, different, Beast 174 00:09:21.679 --> 00:09:24.320 right it's both a precious metal and an. 175 00:09:24.360 --> 00:09:25.720 Industrial, metal see. 176 00:09:25.679 --> 00:09:28.600 And it's less tacky to wear. HIS jewelry, i think. 177 00:09:33.919 --> 00:09:34.720 What are we gonna? Do? 178 00:09:35.000 --> 00:09:42.639 Anyway okay and that's, Why, NO yeah i think the 179 00:09:42.679 --> 00:09:46.559 industrial demand is what's keeping that where. It is but 180 00:09:46.720 --> 00:09:49.919 it had gotten ahead. Of itself people had rushed. Into it, 181 00:09:50.080 --> 00:09:54.039 there's remember there's more people chasing the markets now than 182 00:09:54.159 --> 00:09:57.200 ever before in history In The, united states more people in, 183 00:09:57.240 --> 00:10:01.159 the markets more people trying to understand and trying to play, 184 00:10:01.200 --> 00:10:05.399 the markets and silver became one of. Those commodities almost 185 00:10:05.399 --> 00:10:08.159 the mean commodity for. A while but it does have 186 00:10:08.679 --> 00:10:11.799 both the precious metal because it is a rare u 187 00:10:12.279 --> 00:10:15.799 it is a, rare metal but it also industrial use 188 00:10:16.120 --> 00:10:19.399 where we're seeing the need for it more Industrial than 189 00:10:19.639 --> 00:10:22.000 sam wearing it out On a, friday night. You know 190 00:10:22.480 --> 00:10:26.080 so we have to look at it like that is 191 00:10:26.080 --> 00:10:28.919 is that with ALL the ai and all the all the, 192 00:10:29.000 --> 00:10:32.120 data centers more and more silver is going to. Be 193 00:10:32.200 --> 00:10:35.279 needed and as such we're going to see the price 194 00:10:35.320 --> 00:10:39.279 hopefully stabilize more and grow a little bit. More steadily 195 00:10:40.320 --> 00:10:43.559 we'll See only god knows. The future the number here 196 00:10:43.600 --> 00:10:46.679 is six ten three six three. Eleven ten maybe you 197 00:10:46.799 --> 00:10:49.360 got an opinion or an insight we haven't seen yet. 198 00:10:49.480 --> 00:10:52.480 On this give us a call six ten three six three. 199 00:10:52.559 --> 00:10:53.320 Eleven ten. 200 00:11:09.080 --> 00:11:11.480 Folks getting to learn more About us financial issues. 201 00:11:11.559 --> 00:11:12.600 Dot org you can become. 202 00:11:12.639 --> 00:11:15.200 A partner you Can watch, stewardship today watch past episodes of. 203 00:11:15.200 --> 00:11:18.080 Financial issues get our resources that. We have there a 204 00:11:18.120 --> 00:11:20.279 lot of great resources on being a faithful Steward at 205 00:11:20.279 --> 00:11:23.360 financial issues. Dot org today's show brought you in part 206 00:11:23.360 --> 00:11:26.399 by our friends At The timothyplan timothyplan dot com place To, 207 00:11:26.399 --> 00:11:29.000 go gosh we Love The. Timothy plan they are truly, 208 00:11:29.039 --> 00:11:31.840 The pioneers mark OF bri i and so grateful for 209 00:11:31.960 --> 00:11:34.440 your your influence over them as one of the founding, 210 00:11:34.440 --> 00:11:37.600 board members and just so grateful for. That relationship Timothyplan 211 00:11:37.639 --> 00:11:40.120 dot com can't say enough good things. About, Them mark 212 00:11:40.120 --> 00:11:41.320 why don't we go over to the phones and Talk? 213 00:11:41.320 --> 00:11:45.000 To john john is Calling. From, alabama Well welcome John. 214 00:11:45.279 --> 00:11:48.000 From alabama glad you're. With us what's on your mind? 215 00:11:48.000 --> 00:11:48.799 THIS morning. 216 00:11:51.399 --> 00:11:55.039 I want to find out ABOUT tph ax if it's 217 00:11:55.080 --> 00:11:59.000 a good time to continue putting money in there due 218 00:11:59.039 --> 00:12:06.240 to the economic situation and possible war that we really could. 219 00:12:06.279 --> 00:12:08.000 Get, into john that's a. Great. 220 00:12:08.080 --> 00:12:09.679 Question mark let me just mention two for our. 221 00:12:09.759 --> 00:12:09.919 NEW. 222 00:12:09.919 --> 00:12:12.679 Audience tphx That's The Timothy Plan High Yield, bond fund, 223 00:12:13.320 --> 00:12:13.919 you know just in case. 224 00:12:13.919 --> 00:12:18.039 Anyone's, Wondering, okay well there's TWO questions i have SO 225 00:12:18.080 --> 00:12:22.120 that i can answer. Your question one is, you said 226 00:12:23.360 --> 00:12:25.759 because of the, POSSIBLE war i think we really are 227 00:12:25.840 --> 00:12:29.480 at war or are? We not are you thinking that 228 00:12:29.480 --> 00:12:31.360 that maybe it becomes. 229 00:12:31.240 --> 00:12:33.240 A, bigger war a wider. 230 00:12:32.919 --> 00:12:36.360 Spread war and you're thinking it gets more defined or 231 00:12:36.399 --> 00:12:41.240 what and the influence would Be more i'm not sure 232 00:12:41.919 --> 00:12:44.759 what you're trying to say, with that so help, me there? 233 00:12:44.759 --> 00:12:47.960 Will, You, JOHN well i think it could get much 234 00:12:48.159 --> 00:12:56.519 deeper due To the russia and that going on, that 235 00:12:57.159 --> 00:12:58.960 well we could get into some. 236 00:12:59.039 --> 00:13:05.320 Serious, trouble yeah that's a. Big possibility. 237 00:13:06.159 --> 00:13:11.039 You know THE gph ax it is a it's a 238 00:13:11.120 --> 00:13:16.720 high yield bond fund which invests in corporate bonds and 239 00:13:16.840 --> 00:13:21.759 so and those, are primarily if, not fully In The 240 00:13:21.840 --> 00:13:25.279 united states at, this point so like ninety ninety five 241 00:13:25.320 --> 00:13:28.279 percent of it it's, in those and it can invest in, 242 00:13:28.320 --> 00:13:31.919 TREASURY tips, us agencies mortgages and all that kind. Of 243 00:13:31.960 --> 00:13:35.759 stuff BUT currently i don't believe it IS so i 244 00:13:36.559 --> 00:13:40.159 see it as actually not a bad place to be 245 00:13:40.360 --> 00:13:44.919 now or in the, near future even with some. Economic 246 00:13:45.000 --> 00:13:48.480 times if the only THING that i worry about it 247 00:13:48.519 --> 00:13:52.759 is if interest rates would continue to, go up that 248 00:13:52.799 --> 00:13:58.200 could cause a short to mid term impact on the 249 00:13:58.320 --> 00:14:02.679 nav of the prop, the product because as interest rates, 250 00:14:02.759 --> 00:14:06.080 go up the existing bonds would have to come down 251 00:14:06.080 --> 00:14:09.600 in price to be of value in the market at. 252 00:14:09.600 --> 00:14:11.519 That point so it could cost them inn a v 253 00:14:11.759 --> 00:14:14.279 value for a, short term but that won't live forever 254 00:14:14.399 --> 00:14:18.519 as those bonds gets replaced and or interest rates then come. 255 00:14:18.559 --> 00:14:22.120 Back down it's a long, term investment and, YOU know 256 00:14:22.240 --> 00:14:26.639 i believe that you'd be fine getting, into it especially 257 00:14:27.200 --> 00:14:30.240 when we see when we're seeing somewhere between what what's 258 00:14:30.279 --> 00:14:33.080 the yield? ON that i believe it's somewhere between four 259 00:14:33.120 --> 00:14:39.440 and six percent effectively at any. Given TIME so i 260 00:14:39.440 --> 00:14:41.960 don't think we're it would be a bad place, To, 261 00:14:42.000 --> 00:14:44.200 BE john i don't think what what is? 262 00:14:44.240 --> 00:14:46.440 Your fear help? Me there That's what i'm trying to. 263 00:14:46.480 --> 00:14:48.559 Figure out when you said war and, another thing does 264 00:14:48.679 --> 00:14:53.279 sounded like there was some real concerns with being in that, 265 00:14:53.440 --> 00:14:56.960 fun specifically what are the what are your concerns? 266 00:14:56.960 --> 00:14:57.519 With, that. 267 00:14:58.919 --> 00:15:01.879 Well we could always have a dollar crash band what 268 00:15:02.039 --> 00:15:06.559 happened Happening with japan? As well, you know giving them 269 00:15:06.559 --> 00:15:12.039 money because they have a lot of, our dollars, you know. TRILLION. Dollars, m. 270 00:15:14.159 --> 00:15:17.159 Yeah well there's. A lot there's a lot of ugliness. 271 00:15:17.279 --> 00:15:19.919 On horizon as you've heard me talk a, Lot. About 272 00:15:20.000 --> 00:15:23.320 john the debt itself is the biggest Thing that i'm, 273 00:15:23.360 --> 00:15:26.679 concerned ABOUT our us debt that could destroy. 274 00:15:26.720 --> 00:15:30.559 A dollar but just think about it, this way not 275 00:15:30.799 --> 00:15:35.320 unique to. This fund if the, dollar crashes if the dollar. 276 00:15:35.840 --> 00:15:41.159 Loses it it's position as the currency of trade in. 277 00:15:41.200 --> 00:15:44.519 The world everything In The united states will take. A 278 00:15:44.600 --> 00:15:53.679 hit every Investment will we'll see economic and market just destruction. 279 00:15:53.919 --> 00:15:58.200 Going on SO it's i Guess what i'm trying, to 280 00:15:58.200 --> 00:16:00.000 say is this bond fund will. 281 00:16:00.200 --> 00:16:01.639 You hit two if, That happens you're. 282 00:16:01.679 --> 00:16:05.039 Absolutely right but, in general this bond fund is, a 283 00:16:05.039 --> 00:16:10.080 good solid bond fund with a reasonable yield, on it 284 00:16:10.200 --> 00:16:14.480 and it has had a fairly steady growth, over time 285 00:16:15.399 --> 00:16:17.799 as it would be expected for something. Like THIS so 286 00:16:18.120 --> 00:16:22.879 i would not imply any additional risk to this high yield. 287 00:16:22.960 --> 00:16:25.799 Bond FUND then i would any other thing in, the 288 00:16:25.840 --> 00:16:32.759 world for the, investment world based on the possibility of 289 00:16:32.840 --> 00:16:34.120 an enhanced. 290 00:16:33.639 --> 00:16:36.720 War and or an. 291 00:16:36.799 --> 00:16:41.480 Economic DOWNTURN so i WOULD be i, WOULD say i, 292 00:16:42.720 --> 00:16:46.159 would say if you're an income state, of mind is 293 00:16:46.559 --> 00:16:49.000 this should be a portion. Of that it wouldn't be 294 00:16:49.080 --> 00:16:53.519 the foundation because it will have volatility of the market 295 00:16:53.600 --> 00:16:56.840 since it's invested in, corporate bonds but it won't be 296 00:16:57.200 --> 00:17:01.879 as volatile as say the stock market itself end or, 297 00:17:02.720 --> 00:17:08.000 you know getting into things that get more aggressive stocks, 298 00:17:08.440 --> 00:17:11.440 small caps volatility of. 299 00:17:13.359 --> 00:17:16.519 THINGS in ai or things. Like that does. 300 00:17:16.559 --> 00:17:19.960 That, help Yeah so i'll keep it in within the 301 00:17:20.000 --> 00:17:21.839 parameters of the financial. 302 00:17:21.880 --> 00:17:25.680 Issues tracker there. You go are you in the income? 303 00:17:26.240 --> 00:17:31.599 Asset, Allocation no i've changed over, to growth, BUT oh 304 00:17:32.160 --> 00:17:34.519 i just wanted to have some, in there JUST because 305 00:17:34.519 --> 00:17:37.319 i have that mutual Fund that. Timothy PLAN so i 306 00:17:37.440 --> 00:17:41.119 just wanted to have, that there, just wondering, you know 307 00:17:41.640 --> 00:17:45.279 about things. GOING on i know you the gold and, 308 00:17:45.359 --> 00:17:50.440 silver things and we'll see if we have enough if something. 309 00:17:50.480 --> 00:17:56.440 Did, happen, yeah yeah, hopefully hopefully, you know we our 310 00:17:56.480 --> 00:17:59.920 hope is In, the lord But hopefully god's hand is on. 311 00:18:00.359 --> 00:18:05.119 OUR leadership i really have seen a lot of things 312 00:18:05.160 --> 00:18:11.279 happening with, this leadership despite the odds, against it the 313 00:18:11.640 --> 00:18:15.799 world that is attacking our country and our dollar and 314 00:18:15.839 --> 00:18:20.880 our economic system and our way, of life our. Constitution 315 00:18:21.079 --> 00:18:25.160 everything despite, all that it seems like foundations are being 316 00:18:25.240 --> 00:18:31.200 laid for a recovery of getting back to constitutional foundations 317 00:18:31.240 --> 00:18:35.839 and biblical foundations that could steer this country in a. 318 00:18:35.880 --> 00:18:37.759 Great direction that's. 319 00:18:37.559 --> 00:18:39.920 Up To, the lord and Wherever the lord, Leads, us 320 00:18:40.000 --> 00:18:43.680 john we should have no fear, about it because He, 321 00:18:43.839 --> 00:18:46.440 is god he is, in control and he has you 322 00:18:46.559 --> 00:18:50.000 and me here for a, specific reason and that reason 323 00:18:50.519 --> 00:18:53.279 is so we can point other People, to christ so 324 00:18:53.319 --> 00:18:57.160 we can bring more people to an understanding of true 325 00:18:57.200 --> 00:19:01.759 salvation Through The One, true god and to be of 326 00:19:02.960 --> 00:19:07.480 the same understanding we are that all of life is 327 00:19:07.559 --> 00:19:10.680 here so that we Can. Glorify god we are the lights. 328 00:19:10.759 --> 00:19:14.240 Right Now he's we're here. On purpose just always. Remember 329 00:19:14.279 --> 00:19:16.799 that and remember no matter where the, markets go no 330 00:19:16.839 --> 00:19:20.720 matter where the, economy goes we get to count it 331 00:19:20.720 --> 00:19:22.920 all joy Because our god Is. 332 00:19:22.839 --> 00:19:26.400 The god of. The universe thanks for, Calling, In john god, bless. 333 00:19:26.440 --> 00:19:29.200 You sir Great stuff john six ten three six three, Eleven. 334 00:19:29.279 --> 00:19:31.799 TEN mark i was encouraged as you. Talked there you, 335 00:19:31.839 --> 00:19:34.359 Know me i've got a, history Background and i've heard 336 00:19:34.400 --> 00:19:36.839 a lot of historians likening where we Are in america 337 00:19:36.880 --> 00:19:39.039 today to where the Late Stage roman. Empire WAS and 338 00:19:39.079 --> 00:19:41.000 i think some things there. Are TRUE but i think 339 00:19:41.000 --> 00:19:42.799 one of the things that we can breathe a sigh 340 00:19:42.839 --> 00:19:44.559 of relief, and say Thank you lord that is not 341 00:19:44.640 --> 00:19:46.599 true is in the late stage Of The, roman empire 342 00:19:46.839 --> 00:19:49.599 you did see fraud and abuse from a. Governmental level 343 00:19:49.759 --> 00:19:52.400 it was never. Cleaned up we have an administration that 344 00:19:52.480 --> 00:19:54.440 is trying to clean. IT up i think that's a really. 345 00:19:54.519 --> 00:19:56.480 Good sign it's a really, good sign. 346 00:19:56.839 --> 00:19:59.559 Even if the best they could do is just shine 347 00:19:59.559 --> 00:20:02.079 a light make everything clear what's really. 348 00:20:02.119 --> 00:20:04.200 Going on and they've done an incredible job. 349 00:20:04.240 --> 00:20:08.880 On that but they have also begun to defund all 350 00:20:08.920 --> 00:20:13.359 these NGOs and all these government agencies that have been using, 351 00:20:14.039 --> 00:20:17.119 your money The money god entrusted to you that they 352 00:20:17.240 --> 00:20:21.799 take away by law to fund their own pockets and 353 00:20:21.880 --> 00:20:24.960 to fund their agendas that Are anti god In. 354 00:20:25.039 --> 00:20:28.400 Anti america so they've shined the light on it and 355 00:20:28.440 --> 00:20:28.960 they started. 356 00:20:29.000 --> 00:20:32.599 Defunding it hopefully they'll get a handle on the debt 357 00:20:33.440 --> 00:20:37.400 and be able to start raining that in so it 358 00:20:37.519 --> 00:20:41.599 can't pull us down despite all their. BEST efforts i 359 00:20:41.680 --> 00:20:43.880 really have a lot of hope In our god and 360 00:20:44.000 --> 00:20:44.880 his impact on. 361 00:20:44.920 --> 00:20:46.400 Our government we need to be praying. 362 00:20:46.440 --> 00:20:49.160 For them we need to pray, For strength we need 363 00:20:49.200 --> 00:20:51.640 to pray for faith, for them that they grow ever 364 00:20:51.759 --> 00:20:54.960 closer To, the lord because, you know this Country without 365 00:20:55.000 --> 00:20:58.680 god is just another country that's going to go down 366 00:20:58.720 --> 00:21:03.640 the tubes and wallow in the ugliness of not having 367 00:21:03.799 --> 00:21:04.759 the One true god in. 368 00:21:04.799 --> 00:21:07.319 Their life look at every. 369 00:21:07.119 --> 00:21:12.920 Country that at one time Embraced, the bible embrace The 370 00:21:11.519 --> 00:21:16.839 true christianity and what happened in. Those countries, they grew, they, 371 00:21:16.920 --> 00:21:19.759 prospered flourish and then and then as soon as they 372 00:21:19.799 --> 00:21:23.759 got the wealth and that, came in they lost all, 373 00:21:23.759 --> 00:21:27.759 that glitter took their sight Away. From god they stopped 374 00:21:27.759 --> 00:21:32.440 focus On. Honoring god remember as, a steward our Ultimatecal 375 00:21:32.799 --> 00:21:36.359 honor god in all. We do if we just would 376 00:21:36.400 --> 00:21:39.640 focus on that here In The. United, states well we 377 00:21:40.319 --> 00:21:42.599 do have the best country in the world, as is 378 00:21:42.759 --> 00:21:45.240 but imagine what it. Could be it would just. 379 00:21:45.279 --> 00:21:48.240 Be, incredible, amen folks listen if you're looking for a 380 00:21:48.279 --> 00:21:50.400 good stewardship resource, as well and just something that can 381 00:21:50.440 --> 00:21:53.119 give you great. BIBLICAL comfort i can't Recommend enough Mark's 382 00:21:53.119 --> 00:21:56.079 Book The Wall. Street, awakening boy it is just a. 383 00:21:56.119 --> 00:21:58.480 Fantastic Resource and i'll, Say This, Mark hope i'm allowed 384 00:21:58.519 --> 00:21:58.680 to say. 385 00:21:58.680 --> 00:21:59.240 It that it's going to say. 386 00:21:59.240 --> 00:22:02.680 It anyway if you want To, undercut amazon you can 387 00:22:02.680 --> 00:22:05.359 give a donation of any Amount To financial issues and 388 00:22:05.400 --> 00:22:06.920 we will send you a copy. Of fact we might 389 00:22:06.920 --> 00:22:10.279 even have some. Signed Copies So mark Manilla's Own john 390 00:22:10.359 --> 00:22:13.720 hancock as, it were on. That. Book there it's a. 391 00:22:13.759 --> 00:22:16.359 Great resource. It's weird his Name Is mark manilla and 392 00:22:16.400 --> 00:22:17.839 he Signs It. JOHN hand i. 393 00:22:17.839 --> 00:22:20.839 Know it, Is, weird, yeah, yeah seriously but it looks so, 394 00:22:20.920 --> 00:22:24.240 Much nicer yeah. It does, but, yeah folks for a 395 00:22:24.279 --> 00:22:26.279 donation of, any amount we'd love to send you a 396 00:22:26.319 --> 00:22:29.240 Copy of, Mark's Book The Wall, street awakening, and boy 397 00:22:29.559 --> 00:22:31.319 it could be a great resource even. For you if 398 00:22:31.319 --> 00:22:33.279 you're thinking about Leading the bible study in your church 399 00:22:33.319 --> 00:22:35.640 and you want to focus on the topic of Investing with, 400 00:22:35.680 --> 00:22:38.519 biblical integrity perhaps this is the resource, for you or 401 00:22:38.519 --> 00:22:40.279