About a month ago I put up a post warning people to please keep their eyes on the U.S.economy. I gave a warning that you should look for the U.S. dollar to keep dropping while the Euro from the European Union (reborn Roman Empire) keeps surging. I also told you to prepare for the United Stateseconomy to tank, and there are signs everywhere it is coming, it appears people have their heads in the sand and can’t see the reality of what is coming. Let me give you some proof that what Jesus warned is in fact starting to take shape. If you want to read the documentation how the EU is becoming the new Superpower go to chapter 2 of my book which you can click to, on my web site: www.dimoraministry.com.
Let’s see what Jesus showed us in Revelation Chapter 18:11-12 “The merchants of the earth will weep and mourn over her because no one buys their cargoes any more. cargoes of gold, silver, precious stones and pearls; fine linen, purple, silk and scarlet, and all thyine wood, and all manner vessels of ivory, and all manner vessels of most precious wood, and of brass, and iron, and marble. And cinnamon, and odours, and ointments, and frankincense, and wine, and oil, and fine flour, and wheat, and beasts, and sheep, and horses, and chariots, and slaves, and souls of men”. Jesus gives us a list of things that would become precious to the world during the last generation just before He returned to Earth. During the 7 year tribulation all these things will be taken away from those who do not take the Antichrist’s ID number which, Jesus said would be 666. In Revelation chp.18 we see a picture of the world weeping because all the things they counted as wealth have been taken away. I assure you, by the time the Great Tribulation begins the price of every thing on the list Jesus gave us will be out of sight, and it is by no accident that the prices of things on that list are already climbing. Look, Jesus gets very specific in prophecy and He is always correct, His prophecy record has already proved that! Here is one example. In Revelation chapter 9 Jesus gives us a warning about the great river Euphrates
that has been prepared for an army of 200 million men, then in chapter 16 of Revelation, Jesus tells us, the army comes from the EAST. It is a well-known fact today, that Chinathe nation to the EAST has an exact army of 200 million men. You can see this documentation by going to chapter 12 of my book. If Jesus can give an exact number of an army in China some 2000 before it is ever formed, then He can for sure give us warnings about the items on His list in Revelation chapter 18. If you did your own search you would find the items on Christ’s list are all making surges in the market place. I want to cover some of these items Jesus listed in this post, after all, He told us to “keep on the watch”. Let’s start off with gold. I will cover other items on Jesus’ list as well, such as the precious metals and precious stones, but first click to the link below, it will show you what the price of gold looked like from the years 1800-2000. You will notice that the gold price pecked in 1980, but then really began to climb in the past few years.
http://www.wisegeek.com/what-is-the-historical-price-of-gold.htm
Below is a chart that shows you how gold has been climbing, click on the picture to enlarge.
Last update: 8:35 a.m. EST Feb. 8, 2008
NEW YORK (MarketWatch) — Gold futures rose early Friday, as the U.S. dollar traded lower against most of its major rivals, boosting investment demand for the precious metal. Gold for April delivery gained $7.20 at $917.20 an ounce on the New York Mercantile Exchange.
The Finfacts Business News has most interesting facts about the price of gold and what is happening in the market place. I placed to quotes for you as well as the link for the entire report. Finfacts Business News Centre Feb. 6, 2007 Gold “returned 24.75% in 2006, rising from $497 to $620 per ounce. It completed its 5th year of gains and is up by more than 140% in the last 5 years. It has thus outperformed all other asset classes in that period as can be seen in the performance table and chart.” “Among the world’s biggest financial institutions. Deutsche Bank AG’s chief metals economist, Peter Richardson, made gold his favorite pick for 2007. JPMorgan Chase & Co. analysts John Normand and Jon Bergtheil on Dec. 7 said only corn might rival gold as the best bet while Merrill Lynch & Co. analyst Michael Jalonen elevated gold’s value through 2010. “If you can only make one commodity investment,” gold is the “choice for 2007,” said Deutsche Bank AG’s Richardson from his office in Melbourne.”
http://www.finfacts.com/irelandbusinessnews/publish/article_10008963.shtml
NEW YORK (MarketWatch) — Feb. 8, 2008 “Gold futures rose early Friday, as the U.S. dollar traded lower against most of its major rivals, boosting investment demand for the precious metal. Gold for April delivery gained $7.20 at $917.20 an ounce on the New York Mercantile Exchange”
FOREX-Dollar drops as Bernanke cites growth risks Thu Feb 14, 2008. NEW YORK, Feb 14 (Reuters) – “The dollar fell against the euro and yen on Thursday after Federal Reserve Chairman Ben Bernanke said the U.S. economic outlook had worsened and that the central bank would act as needed to support growth.” This is just one sign of the EU beginning to surpass the U.S. Right now the Euro is killing the dollar.
http://www.reuters.com/article/usDollarRpt/idUSN1446729520080214
Here is just one reason why the U.S. is falling, but notice what it says about the precious metals which are on Jesus list in Rev. 18. “A lackluster holiday season and less-than-exuberant start to 2006 has resulted in an estimated $2 billion worth of excess inventory – mainly polished diamonds – and a cumulative industry debt hovering at $11 billion. At the same time, margins are falling, precious metals prices are soaring to 15-year highs and interest rates are climbing – with each point adding about $100 million to industry debt” (Feb. 14, 2008 GIA). GIA is the world’s largest and most respected nonprofit institute of gemological research and learning
http://www.gia.edu/loupeonline/29960/25695/2561/back_issue_detail.cfm
Gold News- Gold Market Analysis & Investment Research Jan. 2007
“Gold suddenly seems all-too popular. But does Wall Street’s love of the metal mean the bull market is finished…? Both the Times and the Telegraph in London just ran bullish reports on the metal. The Financial Times notes that institutional money has a “growing love affair with gold…”Deutsche Bank AG, the world’s largest securities firm, expects gold to rise as the US dollar falls further, and individual traders and dealers are also backing gold to go higher this year. Bloomberg says that 22 out of 31 finance professionals surveyed last week all advise buying the metal.” As you read this keep in mind these are the preicious metals on the Lord’s list!
http://goldnews.bullionvault.com/gold_in_2007
Fact is, these precious metals at booming right now and they are making a lot of people rich. The article below gives some information for you in a report called “The Scrap Metal Boom”.“The second largest US export to China? Old scrap including scrap metals like gold…SLANG IN YORKSHIRE, England, has it that “Where there’s muck there’s brass.” ” And these days, with a booming scrap metal market worldwide, “Where there’s brass, there’s brass,” too. Last week the estimated New York dealer buying price for scrap yellow brass solids, delivered to the scrap yard, ranged from $1.25 per lb to $1.35 per lb; the price for scrap red brass solids was 12% higher.”2nd quote: “Scrap Metal: Why the Current Boom Two major factors are driving the current boom in scrap metals. First, a strong market for metals per se; and second, a growing concern for the global environment” Click to link to read entire report.
http://goldnews.bullionvault.com/scrap_metal_gold_metals_US_export_recycle_021420082
This next report is from Living in Peru, Feb. 12, 2008. In a section of the report it states, “As predicted by analysts last week, the value of the US dollar has decreased below 2.9 soles in Peru’s banks. With the tenth consecutive decline in value on Monday, the US dollar dropped in appreciation against Peru’s sol to 2.908 by the end of the trading day.” If you would like to read the entire report you can go below and click to link.
http://www.livinginperu.com/news/5716 Economy |
Cnews from Canada on November 2, 2007 reported their loonie (dollar) has set a new record against the dollar. “The loonie, already soaring on high commodity prices, hit new records Friday, surging more than 1.9 cents to end the day at 107.04 cents US, its highest close on record.” Link to full report is below.
http://cnews.canoe.ca/CNEWS/Canada/2007/11/02/4626424-cp.html
Jesus also had precious stones on His list. In today’s global economy these stones are big business and getting bigger. In the CnnMoney.com December 7, 2006 they site that there is a “$60-billion-a-year diamond industry, which has built its growth on dreams of love rather than of raw
survival.”http://money.cnn.com/magazines/fortune/fortune_archive/2006/12/11/8395442/index.htm
Just how big is the diamond business. Read this short piece from the A&C News. The report is out of Johannesburg and it states, “Diamonds are forever,’ Shirley Bassey once sang, and the diamond industry wants it to stay that way. The potential threat now is the film Blood Diamond, which has revived controversy over so-called ‘conflict diamonds’ used to fund civil wars in Africa. Fearing harm to their business – annual sales of nearly 10 billion euros (12.9 billion dollars) for rough diamonds and 14 billion euros for polished ones – the industry’s public-relations and marketing specialists quickly manned their battle stations” (Jan 30, 2007). Link is below.
http://news.monstersandcritics.com/africa/features/article_1253442.php
Jesus also had vessels of ivory on his list in Rev chp. 18. Does it surprise you that Ivory is now in high demand? As a matter of fact the activity in the black market is huge, and if not stopped altogether, there won’t be any elephants left. The cost of Ivory is skyrocketing just as indicated by Christ. Read just one report that talks about the illegal ivory trade, “nearly a decade-long suspension of trade in elephant ivory is not enough. Consumer demand is booming, and domestic trade is out of control. Until this is addressed, we will not see an end to the bloodshed.” “Just a few months ago, in October 2007, 93.9 kg (207 lbs) of elephant ivory was confiscated in Zambia. And, again, a few days later, 22 tusks were seized in Zimbabwe. Also, in that same week, a man in British Columbia was prosecuted for illegally importing 30,000 pieces of African elephant ivory. These are just a few of the numerous cases of ivory trade interceptions; Customs authorities estimate that only 10 per cent of contraband is caught in transit. In both 2005 and 2006, IFAW conducted investigations into China’s ivory trade regulations. Such reports concluded that domestic trade control mechanisms in China are far from adequate and it is impossible to ensure that continued trade in ivory will not negatively impact African and Asian elephant populations” (FinancialaContentInc. Jan. 2008). Jesus stated the world will weep over the lose of their ivory vessels, by his own words we can conclude ivory will be a costly item at the time Jesus returns. The cost of ivory is headed right in the direction Jesus said it would. Click to link below for full report.
http://finance.abc7news.com/kgo?GUID=4471627&Page=MediaViewer&ChannelID=3197
Also included in the list Jesus gave us in Revelation 18 are wine, oil, flour, wheat, floor, beast (animals) sheep, horses and chariots. Are we seeing the price of these items listed increasing? You bet! If there is one thing you are probably familiar with it is the price of food. Currently our food prices are out of control. There are many reasons for they increase. Oil prices are out of sight and it costs more too more the products. Global warming has affected crops around the world. In the past few years our planet has faced some of the worse storms we have ever seen and these massive storms have destroyed the crops, which has raised the prices. Another major problems increasing the price of food is over population and war. Let us not forget plagues. We are seeing hundreds of thousands of livestock killed each year because of plagues like the bird flu and mad cow. By the way all of these reasons I just listed are all signs Jesus told us to watch for. If you don’t believe the warning made by Christ, just keep your eyes on your food bills in the coming years, then I am sure you will think twice about what Jesus told you. I know as well as you do the cost of everything has gone up. Below is a current report entitled “Development: Food Prices Climbing, With No End in Sight”. Here is a section from the report, which came out of Washington on December 15, 2008. (IPS) Globalization, climate change, and the mass production of biofuels are pushing up food prices worldwide, which could jeopardize the livelihoods of the world’s poorest, according to a report released Tuesday by the International Food Policy Research Institute.” Link to entire report is to the right. http://ipsnews.net/news.asp?idnews=40359 What are the chariots in the list? These are the automobiles. You must understand that during the 7 year tribulation everything is going to change, mostly everything will be destroyed including means of transportation use as chariots (automobiles). Please love their cars but they will weep for them when they are no longer!
Jesus gave us insights on these things to help us prepare to meet him, and to prove His Words never fail. If you still doubt this is all true, just keep your eyes on the market place. All of these items are going to rise in price just the way Jesus showed us. Now, as all these prices are rising, America ‘s dollar is falling and she is beginning to fall just like the dollar. Don’t expect a new American President will be able to solve our problems. Prophecy is clear, the European Union is going to become (The) major Superpower and America will take a back seat to her. If you know what prophecy states you will understand the coming Superpowers that will play a major rule in end time prophecy are the nations of, Russia, China, and of course the European Union which, will soon be lead by the Antichrist. The coming fall of the U.S. economy is not that far off. I for one, am preparing myself for what is coming, I hope to God you do the same. I think you should see the video below; it is very interesting and talks about where the U.S. is headed. The name of the video is “The U.S. Economy is Unsustainable”.
http://youtube.com/watch?v=4n3g5lUgkWk
Finally, Jesus said these following words, “Do not store up for yourselves treasures on earth, where moth and rust destroy, and where thieves break in and steal. 20 But store up for yourselves treasures in heaven, where moth and rust do not destroy, and where thieves do not break in and steal. 21 For where your treasure is, there your heart will be also” (Matthew 6:19). You can buy all the gold, diamonds, brass, or anything else on Jesus list, but your real treasure will be waiting for you in heaven. I hope to see you all there. God Bless
As you can see from the reports below gold is affecting the way people are doing business and investing. The headline to this report is entitled, “The Gold futures gain, as dollar drops vs. rivals.” I placed a section of that report below, but it would do you good to read the entire report, just click to link below.