Prophecy Update Newsletter
IN TODAY'S NEWSLETTER...
Israel's Coming Mind-Blowing Gold Riches - and Russia's Evil Plan to Steal It - Bill Perkins -
".... 'Have you (Gog/Russia) come to capture spoil? Have you assembled your company to seize plunder, to carry away silver and gold, to take away cattle and goods, to capture great spoil?'" Ezek. 38:13
How much gold and silver would it take for Russia to be enticed to invade Israel to steal it all? A bunch. It would have to be a tantalizing amount, probably in the mega billions, if not trillions, of dollars.
But even if Israel were to discover a mega hoard of gold and silver, enough to entice the Russians, the timing of such an invasion (basically starting World War III), would have to be seen as the "perfect window of opportunity."
Well, the Bible says Russia WILL invade Israel to steal her gold and silver and this future invasion is described in Ezekiel 38 and 39... a fascinating read. And a great "opportunity window" will open for the Russians to make their move during the 50 chaotic days between Rapture and the signing of the 10-Nation Peace Treaty. (1)
Think about it-the United States is Israel's only true ally, and the U.S. will be decimated from the effects of losing key people in the sudden Rapture. So Israel will be alone in the world to fend for herself.
At least that's what the Russians will think. They will conclude they can invade and capture the vast treasure for themselves. But God comes to Israel's help in a mighty way to supernaturally protect Israel. And Russia goes down in an embarrassing defeat. (2)
Are the riches future oil discoveries? Nope!
So, if we're as close as I think we are to the Rapture, where is this great treasure that Russia will be trying to capture? For years I must admit I thought the treasure would be Israel striking huge amounts of oil. And indeed they have struck a great quantity of oil and gas.
But thinking about that reasoning, Saudi Arabia has a lot more oil with far fewer national defenses and I don't see Russia going after Saudi's oil.
Massive amounts of gold and silver? Yes!
And now, as I've reread the text of Ezek. 38:13, I realize I was wrong. It's not oil. The Bible specifically says Russia comes after "silver and gold." I'm quite humbled that I missed that.
However, there's a problem. At the moment Israel doesn't have vast amounts of gold and silver. They do have a great diamond-cutting business, world renown. But they just cut other people's diamonds.
So how in the world could Israel end up with enough gold and silver to entice Russia to invade? Well, as it turns out, the Bible says that amount of gold and silver treasure is already in Israel, they just need to find it-quite interesting, huh!
Hang with me as I back up a bit...
Solomon was the richest man in the world, literally. His treasures were unfathomable. God gave him his wealth because he wisely asked for wisdom, not riches, but God rewarded him for his humble answer and gave him both wisdom AND wealth...great wealth (1Kings 3:9-13).
The Bible, and even 1st century Jewish historian Josephus, mentions that Solomon had a fleet of ships that did business all over the Mediterranean. And each time the fleet returned to Israel they brought the trip's profit in gold to King Solomon.
Just how rich WAS Solomon?
Solomon had dominion over everything from west of the Jordan River to the Egyptian border in the south and north into present-day Syria. And God allowed him to be at peace with the surrounding nations (1Kings 4:24). He was in the perfect place to make tons of money.
In 1Kings 9:26-28, it records that a fleet of his ships returned to Israel with a profit of 31,500 pounds of gold! That's over $750 million in today's value. And that was from just one sea-faring business trip abroad.
In 1Kings 10 it says the Queen of Sheba came to Israel to pay Solomon a visit to hear his wisdom and see his wealth. She was stunned-so impressed that she was moved to give Solomon over $200 million in gold plus untold numbers of precious stones.
The amount of gold and silver that Solomon acquired during his kingship was beyond imagination, as you will soon see.
Solomon builds the 1st Jewish Temple
In 970 BC, Solomon built the first Jewish Temple to be a permanent replacement for the Tabernacle that had been carted around the Middle East for hundreds of years. The building of the Temple makes a good outline for a business plan, in writing, dealing with planning, labor, and materials management (1Chron. 28; 1Kings 5,6).
Solomon was so rich when he built the Temple that, rather than putting in just one solid gold menorah, he decided to multiply the contents on the inside of the Temple by 10.
So Solomon made nine more solid gold menorahs and lined up the ten in two rows of five each (2Chron. 4:7,8). This means there were ten 6- foot high solid gold menorahs in the 1st Jewish Temple. (See drawing of the inside of the 1st Temple made by the Temple Institute in Jerusalem).
Each of those solid gold menorahs was so heavy that the Temple priests estimated their value at $360 billion each, $2.5 trillion value for all 10!
Solomon also increased from one solid gold Table of Showbread to 10. Each of these solid gold tables held twelve loaves of bread. The Temple Institute says they would have been about five feet high, four feet wide and four feet long. That's a lot of gold. And a lot of bread to bake daily.
We don't know how much the Tables of Showbread weighed-they only had to each hold 12 loaves of bread-but they still were solid gold. See pic of man carrying the bread.
However, if they weighed 1/4 of the menorahs, that's another $500 billion in value for the 10 tables. And this doesn't include all the golden bowls, plates and such that numbered in the thousands.
Again, Solomon could afford to make all this because he had unfathomable riches. His wealth of gold, silver, precious stones and other things became legendary. So much so that ultimately Israel became a target for conquering by surrounding nations.
With all that success, Israel got her eyes off the Lord. Even Solomon brought in hundreds of foreign wives and concubines to pleasure himself. And 40 years later, 930 BC, Israel split into North and South.
The North, Israel, set up its own sacrifice system. But sacrifices could only be made on Mt. Moriah, and breaking that rule didn't last long. Three years later, the Assyrians conquered Israel's Northern 10 tribes in 927 BC. But Assyria was unable to capture the real prize-Jerusalem/Judah in the South with all her riches.
The South, Judah, held on for over a hundred years, but finally Jerusalem was conquered by Nebuchadnezzar's armies in 586 BC. History tells us that Nebuchadnezzar, King of Babylon, plundered the Temple and deported Jerusalem's wealthy and educated inhabitants to Babylon.
They looted what they found in the Temple. But apparently Israel had thrown a bone, leaving what seemed like a great treasure to find and seize, but it was actually only a fraction of the whole treasure, only about 2% of the total massive treasure.
The 5400 items that were captured were eventually returned by Cyrus, King of Persia, when he authorized their rebuilding of the Temple after Israel's 70 years of Babylonian Captivity.
The Bible is clear that Cyrus returned all that had been stolen, even listing out the items. But none of the 10 solid gold menorahs were mentioned, or any tables of showbread on Cyrus' list (Ezra 1:9-11). Nor was there any mention of the other tens of thousands of gold and silver Temple implements, or gold and silver bars from the treasury.
Now, since only a small fraction of all that gold and silver went to Babylon, what happened to the other 98%? Basically we're missing the entire fortune that Israel had accumulated under Solomon.
Where did the Temple treasures go?
In the Jewish Talmud, tradition says that King Josiah and the Temple priests hid the vast treasure, including the Ark of the Covenant, in secret winding passages under the Temple Mount 10 years before the 1st Temple's destruction.
Well, the Jews are a smart people, and Israel did have 140+ years to think about what to do if Jerusalem was ever conquered like their brothers in the north. And Zechariah, God's prophet of the day, was continually hammering the Israelites to wake up and clean up their sins or the Lord would allow them to be conquered like their Northern brothers.
Zechariah, unlike most other prophets, was also a Priest. He knew it was possible that Israel was going to be conquered. And he would have had first-hand knowledge of the vast riches stored in the Temple treasuries. He was in the unique position to approve plans to hide the treasure if it looked imminent that Israel would be conquered, his own predictions.
Zech would certainly want to protect as much of Israel's riches he could, including those 10 golden menorahs and 10 golden Tables of Showbread. Not to mention the hugely important Holy Ark of the Covenant that contained Moses'/Aaron's staff and the two stone tablets with the 10 commandments.
So apparently Zech approved the hiding/burying of the Temple treasures. And Israel was smart enough to throw the Babylonians a bone. They left in the Temple several thousand gold and silver utensils, which would normally be significant spoils of war.
The ruse worked. History tells us that Nebuchadnezzar plundered what they found in the Temple and deported Jerusalem's upper-class citizens, like Daniel, to Babylon.
However, Zech hid the rest of the treasure so well it's never been found to this day.
Qumran and the Copper Scroll
Since 1947, in and around Qumran down by the Dead Sea, thousands of pieces of parchment were found buried in caves in the cliffs surrounding the area.
Collectively called the Dead Sea Scrolls, their discovery came within months of Israel becoming a fledgling nation again, and Jews today readily admit the discovery helped awaken Jews around the world to their Biblical roots.
But in 1952 another scroll was found, one made not of parchment but of copper mixed with a tiny bit of tin.
This copper scroll wasn't found near any of the parchment scrolls, but rather by itself, on a carved out shelf in the back of a cave in the area of Qumran.
Since it was written on copper, whoever wrote it thought the contents so valuable they had to make permanent indentations in metal to stand the test of time.
All the other Dead Sea Scrolls contained Old Testament books, scripture commentaries, and general Jewish life observations. But the Copper Scroll was simply a list of instructions of where tons of gold, silver and precious stones were buried.
But, as Frank Peretti said in his classic THE CHAIR presentation, you have to have a "fixed point of reference" to know where to begin any journey. And there are no reference points in the Copper Scroll instructions.
Though many have tried, no one yet has been able to figure out the right place to dig. Probably they were written vaguely on purpose because once they find just one of the 64 locations, they can find the rest of the massive treasure.
Biblical archaeologists who've analyzed the Copper Scroll believe it to be written by five different people who apparently were in a hurry to complete the scroll.
Hebrew priests normally take great care in making each line perfect, but the Copper Scroll looks as if time was of the essence to complete it. Lines are not uniform, some letters are hard to read, there are misspellings, etc.
The Copper Scroll is most fascinating because 63 of the 64 locations described listed staggering quantities of gold and silver. There are even some large unnamed items that very well could be the 10 missing 1st Temple menorahs and Tables of Showbread.
In total, there was over 345,000 pounds of gold and silver listed, not counting the 10 menorahs and 10 Tables of Showbread. That's over $5 trillion! Certainly enough to entice the Russians to "devise an evil plan." (Ezek. 38:10)
But, as the commercials always say, "That's not all!"
More to the story...
2Maccabees 2:1 (granted it's not part of inspired Hebrew scripture, but heavily relied on and quoted by Jewish historians) mentions that Jeremiah, another of God's prophets at the same time of Zechariah, made records of the Temple inventory. He even warned those helping him make the records not to be "led astray in their thoughts upon seeing all the gold and silver."
The Maccabean text continues to say that Jeremiah then found a cave to store the treasure, including the Ark of the Covenant, and covered up the entrance saying the treasure would not be found until "God gathers His people together and shows His mercy."
Over the last 75 years, several Americans have raised and spent small fortunes looking for the Temple treasures in Israel. Most notably, John Allegro, Vendyl Jones, Oren Gutfield and Jim Barfield. Others, like Randall Price, go on yearly digs to find anything they can. So the area will eventually yield its fruit.
In the meantime, with each failure of discovery the chorus of naysayers who don't believe the treasure is real grows louder and louder. But all that gold and silver is hiding somewhere and will one day be found.
A Most Intriguing List
Several hundred years ago, some Hebrew scholars decided to try to locate these "other records" that Jeremiah mentioned. They found what they were looking for in the Emeq HaMelekh, which means "Valley of the Kings." In 1648, a Rabbi translated Emeq HaMelekh and his translations were discovered in 1992.
Emeq HaMelekh is a Hebrew account of five Temple guardians who hid the Ark, the Sanctuary and the Treasures of Solomon's Temple. Could those five be the same five guys on the Copper Scroll? Very plausible, to say the least.
Most importantly to this article, the Emeq HaMelekh has a lot in common with the Copper Scroll list of Temple treasures, but it lists about 100 times more pieces of gold and silver. Now we're easily into the mega trillions of dollars worth of gold and silver to be found.
To save space I have made an edited (but numerically accurate) recap of the Emeq HaMelekh. I have added calculated amounts in parentheses in today's dollars on some of the items to give you a feel for what it is saying.
[Note: A talent was approximately 75 lbs.]
These are the vessels dedicated and concealed when the Temple was destroyed:
The Tabernacle and the Curtain
The Holy Menorah
The Ark of the Testimony
The golden forehead Nameplate
The golden crown of Aharon the Cohen
The Breastplate of Judgement
The liver Trumpets
The Altar of burnt offerings
The curtain of the Communion Tent
The forks and the bread molds
The Table of Showbread
(The list continues with several pages of priestly garments)
These are the holy vessels and the vessels of the Temple that were in Jerusalem and in every place. They were inscribed by shimmer Halevi and his companions on a Lunch Nehoshef Copper Plate with all the Vessels of the Holy of Holies that Shalom son of David made. And together with Shimus were Hizkiyahu, Zidkiyah, Haggai the Prophet, and Xechariah, son of Berachiah, son of Iddo the Prophet.
These are the vessels of the Temple that were taken and buried in the ground:
The locking rods
The standing pillars of the courtyard
These are the Vessels:
1,200,000 silver Mizrakot (sacrificial basins)
50,000 fine gold Mizrakot (sacrificial basins)
600,000 bowls of fine gold
1,200,000 bowls of silver
500,000 trays of fine gold
1,200,000 trays of silver
500,000 bread mold of fine gold
1,200,000 bread molds of silver
On each of the molds there were 5 Margaliot/pearls and 2 precious gem stones. The value of each precious stone was 100 talents of gold ($180 million). The total value of all the Margaliot was 200,000 talents of gold ($360 billion).
36 golden trumpets
7 branched menorah of fine gold worth 100,000 talents ($360 billion)
77 tables of gold
7,000 talents of gold (Over $10 trillion)
3 rows of priceless stones, 7 cubits by 5 cubits
The counting of precious stones, Margallot gems, silver, and gold that King David dedicated to the great Temple was:
1,000,000 talents of silver ($18 billion)
100,000 talents of gold ($180 million)
600,000 talents of fine gold ($1.08 trillion)
All these were concealed, hidden and safeguarded from the army of the Chaldeans in a place called Borseef.
7 golden curtains with 12,000 talents of gold ($20 billion)
12,000 Levitical garments with belts
70,000 Levitical garments with belts, turbans and pants
All of these service clothes were concealed until the future to atone for Israel in the end of days.
David also made:
1,000 copper lyres overlaid with fine gold and 8 stones
All these were hidden and concealed in Ein Zidkiyah that the fittest men of Israel knew in secret, lest they fall, G-d forbid, into the hands of the enemy who hated Israel. These vessels are not to be used except to atone for Israel, thus concealed to prevent the Chaldeans from using them, G-d forbid. They hid them until the day when Israel will return to their former stature and reclaim eternal honor and worldly glory, and they find a man named David, son of David. The silver and gold shall then be unearthed to him, when all Israel shall gather and make a complete Aliyah ascent to Jerusalem. Amen.
These are the weights of silver concealed at Ein Kahal by Baruch and Zidkiyah:
1,200,000 talents of silver
1,600,000 of fine silver
2,000,000 pots of fine copper
1,100,000 pots of iron
3,000 frying pans of fine gold
Countless copper sinks and lavers
70 tables of fine gold
All those were concealed by Zidkiyah.
Treasures of gold and silver stored away from the days of David until Sidkiyah and until Israel was exiled to Babylon.
Hundreds of thousands of golden shields
Countless silver shields
353,000 precious stones
1,900,000 Korin of gold [no clue what that weighs]
All the prophets, wise men, and scribes in the world could not calculate the wealth and the glory that was in Jerusalem.
Twelve precious stones with the names of the Tribes engraved on them.
No king, prophet, or anyone else knew where they were hidden, excepting Hiluk, son of Shimus Halevi. All Israel concealed the Vessels until a righteous king arises over Israel. What's more, they all share a solemn vow never to reveal the whereabouts of these vessels until David, son of David, arises. All silver, gold, and Margaliot precious stones which were ever hidden away will be handed over to him when the exiles of Israel will be gathered from the four ends of the earth, and they ascend with greatness and exaltation to the land of Israel. At that time a great river will issue forth from the Holy of Holies of the Temple. Its name is Gihon and it will flow to the great and dreadful desert and become mixed with the Euphrates River.
End of Emeq HaMelekh
Well, there you have it. Trillions of dollars of gold and silver are still hidden somewhere in Israel. Not to mention those 3,000 gold frying pans! :-) And when they do find that incredible treasure, look up!
Luke 21:28 "But when these things begin to take place, straighten up and lift up your heads, because your redemption is drawing near."
The Top 10 Bible Prophecy Stories of 2019
- By Jan Markell - www.olivetreeviews.org
There was a time when news of last days' significance was sporadic. I could easily do a weekly radio program and hit the highlights of the week in an hour or two on air. In the last decade, that has all changed. Now, when trying to prepare a new message on the signs of the times, I find myself having to leave out information due to volume. Some things just have to be set aside.
In light of that, let me present what I think are the top ten Bible prophecy signs of 2019. As stated, I could present 110. In some cases, these signs are Tribulation-related events but they are still casting a shadow on the Church Age. They are not in order of importance because each item is important!
1) The spirit of the Antichrist has been poured out around the world.
In dozens of countries, we see anarchy, lawlessness, rage, and violence. It even came to the heartland of Minneapolis when President Trump spoke here in October. The area around the rally turned into a war zone. It is now cool to be a member of Antifa and to create destruction.
2) The last year has seen the rise of Romans 1 behavior and thinking, the explosion of strong delusion, and the increase in the hatred of God.
There is a collective shrug over things like "Drag Queen Story Hour." So what, yet this measures our decay more than anything else. A 6'5" male won the "woman of the week" award at the University of Montana-strong delusion.
Millions of free Americans long to have our country succumb to Socialism and some are praising Marxism. Again, an irrational delusion.
The Western world now has a rabid hatred of God that would be unexplainable had the Bible not warned us that the last days would be characterized by this sentiment. First Europe threw God out and now America is close to it. This is again delusional thinking.
Seminary students in New York are praying and confessing sins to plants. How else can these things be explained other than the pouring out of strong delusion and reprobate mind thinking in these last days?
3) In the last year we have seen a rise in a new world religion.
The Pope of climate change has announced a global crisis. So will climate be the pathway to the New World Order? I think so. The NWO must have a crisis. It will ultimately be the Rapture of the Church but before that, their sky is falling with perceived rising temperatures.
How does an autistic teenager take the world by storm just for having a climate temper tantrum at the U.N. in September? Greta Thunberg was named the successor to Jesus Christ by her home nation of Sweden.
Understand she has a machine behind her-a globalist climate-alarmist machine. And this kind of radicalism is becoming a global religion. It will be a major component of the coming one-world religion.
4) There is a stunning rise in wickedness. Yes, evil is to wax worse and worse (II Timothy 3:13), but it is now out-of-control.
Voodoo dolls are sold in retail stores. Witches continue to try to hex President Trump as well as all Christians or conservatives. Today this makes headlines and is the lead story on Fox News.
Walmart, Amazon, Target, Barnes & Nobles, and others, are selling the "Children's Book of Demons", teaching them how to conjure demons and implement them in their lives. They advertise saying, "summoning demons has never been so much fun."
We learned this year that the drag queen story hour is really rooted in occultism. And the world's largest Ouija Board made national headlines.
There are now more witches in America than there are Presbyterians according to the Pew Research Center.
Netflix is releasing a new feature January 1 titled "Messiah" but in looking at the trailer, one has to wonder if it isn't promoting the Antichrist.
5) The mocking and scoffing of the truth has risen to new levels (II Peter 3).
People who want to share the good news of the gospel or the hope of Christ's return have few who will listen and those who will listen shoot the messenger and the message like never before.
Joy Behar on "The View" is acclaimed for saying Mike Pence has mental illness because he hears the voice of God.
Have you attended a good Bible prophecy conference lately? Understand these are just "hysteria conferences." Shame on you for believing that the King is coming any day.
Just about the entire secular Left is mocking Christianity or coming up with new laws to undermine Christianity.
6) Christians and Jews are on the run.
Christians are running for their lives and Jews are running to Israel for safety. As The Gatestone Institute reports, the numbers of Christians being killed for their faith is "too many to count."
Pope Francis just stated that fundamentalist Christians are a "scourge." Jews and Christians are the "people of the book" and the predicted last days' condemnation on both has risen to new heights in the last year.
A pro-Palestinian group at the University of Minnesota, just 20 minutes from my home, just called for the slaughter of all Jews and had enormous local support.
Anti-Semites like Rick Wiles are gaining in popularity as he calls the mess in Washington a "Jew coup" and blames the Jews for every problem in the world. He even says their goal is to kill all Christians!
7) The "epicenter"-the Middle East-is in a shake-up.
Vladimir Putin is now being called the new "King of the Middle East." Is this a foreshadowing of Ezekiel 38-39-the Gog-Magog war?
The players in the Middle East are re-aligning according to the Bible since President Trump abandoned the Kurds this year. Even Israel was shaken by that mistake. Many Jews are asking if Israel is the next to be betrayed?
The constant turmoil is a foreshadowing and stage-setting of a foretold event, the obliteration of Damascus (Isaiah 17:1) likely followed by the Gog-Magog War.
We are just one election away from the complete U.S. abandonment of Israel if a leftist gains the White House.
8) The efforts of the globalists were advanced in the last year.
Pope Francis continued to beat a drum for globalism. Donald Trump and Benjamin Netanyahu continue to represent the nationalist mentality and the globalists are trying to run both out of office.
The United Nations called for global government in less than 12 years.
Europe cries for no borders and liberals in America decry borders.
The world continues to long for a single leader to make all things right as well as for global government.
9) The Church of Laodicea blossomed and lurched even further to the left in the last year.
Apostasy is talked about more than just about any other end-time phenomenon.
Movements such as the New Apostolic Reformation gained new strength calling for Heaven on earth and emphasizing experiential Christianity. This is the fastest-growing "denomination" in the world.
Social justice and "critical race theory" became prominent in the evangelical church that once emphasized soul-winning.
Bible prophecy and Christian support for Israel fell deeper into obscurity in the church.
10) The surveillance of humanity is now big business and privacy is completely gone.
New technologies have emerged that reveal our every step is now being tracked. Someone is following our every move online and our "smart" devices, that seem smarter than humans, are spying on us 24/7. This is a set-up for Antichrist's empire, as is new technology utilizing artificial intelligence.
Limiting my list to just ten important items forced me to leave off events such as third temple talk in Israel, record-setting birth-pang natural disaster destruction, and the stunning "convergence" of things we have never seen so prominent.
But, I hope I have helped you focus on "signs of the times" that are a herald of His coming in the last year.
And keep in mind that many of these items are going to fully blossom in the Tribulation. What we have now is just a foretaste. God will spare His Church from this wrath as we are enjoying Heaven during this seven-year period of utter chaos on earth.
While it is a challenge to be born for such a time as this, it is encouraging to know that everything is falling into place.
Nearing Midnight: Ready, Aim, Print - Todd Strandberg - https://www.raptureready.com/category/nearing-midnight/
It has become so difficult in predicting the movement of the financial markets that several financial newsletters have recently decided to call it quits. Dennis Gartman, the creator of the Gartman Letter, will end publication at the end of January 2020. While Dennis claims that he's throwing in the towel in order to work on his golf game, the true reason is a number of bad calls made by him in recent years. Someone put together a spreadsheet of his calls, and the success rate with equities was less than 23%. Perhaps Dennis' most famous call was when he declared crude oil will never be above $44 again in his lifetime.
It is a good thing that I operate a prophecy site that just happens to occasionally overlap into the financial world. People like Peter Schiff, Greg Hunter, and David Morgan are correct in sounding the alarm bells over the likelihood of a coming monetary crash. I think Bible prophecy is the only possible explanation for how global debt has been able to reach such insanely high levels. The financial problems constantly increase but they don't explode because the rapture is predicted to occur at a time of general tranquility.
"For this reason you be ready too; for the Son of Man is coming at an hour when you do not think He will" (Matthew 24:44).
We are entering into the 11th year of the longest period of GDP growth in American history. A decade of record-low interest rates has allowed companies to sell seemingly impossible amounts of bonds to investors, sending total U.S. corporate debt to nearly $10 trillion, or a record 47% of the overall economy.
Some of America's best-known companies, including AT&T, IBM, Ford Motor and CVS Health, have splurged on borrowed cash. This year, the weakest firms have accounted for most of the growth and are increasingly using debt for "financial risk-taking," such as investor payouts and Wall Street dealmaking, rather than new plants and equipment, according to the IMF.
Amid the avalanche of debt, the sharp growth in lower-quality corporate bonds, just one notch above junk, represents a special concern. Investors hold nearly $4 trillion in these bonds, including $2.5 trillion from U.S. companies, according to the credit-rating agency Standard & Poor's.
The Great American Shale Boom could have only occurred with funding from cheap bonds. The shale industry has been built on mountains of debt, and the day of reckoning is drawing near. A total of 32 oil and gas drillers have filed for bankruptcy through the third quarter, with the total number of bankruptcy filings since 2015 now clocking in at more than 200.
The promise of future earning has allowed the surviving drillers to stay in business. As many company executives who hoped to drill their way out of debt are belatedly discovering, trying to squeeze a profit from shale-fracking operations is akin to trying to draw blood from stone with the industry having racked up cumulative losses estimated at more than a quarter of a trillion dollars.
During the month of October, the repro-market suffered a total collapse in liquidity, and the Federal Reserve stepped in with what has quickly become an endless river of money. The total dollar amount is now in the trillions, and the Fed's balance sheet has risen by $300 billion in just two months. It is absolutely stunning to have a nation's red ink suddenly doubling overnight, and the stock market has had no reaction.
China has had a record year for corporate bond defaults. Normally, the Chinese government would not allow for state-owned enterprises to go into default. The default rate in China must be so high that Beijing is forced to allow some bondholders to get burned in order to restore discipline. The reported Yuan default amount is up sixfold in the past two years, so the actual quantity of bad loans must be very high.
Several countries have created their own version of a Cryptocurrency in order to escape their national debt. With the value of bitcoin remaining under $200 billion, these electric coins will never work. They are just too easy to create to generate enough trust. The Antichrist will come along and create a financial system that will work because he will use the military to force people to take his mark.
"He causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name...." (Rev 13:16-18).
China's Social Credit, India's National ID - How Long Before Global ID? - By Daniel Taylor/Activist -
It's not just a social credit score system spreading around the world from China that threatens the free people of the world; India's Aadhaar National ID program has the full support of Bill Gates and the World Bank as a model for other countries to follow.
Gates said in a 2018 CNBC interview that it was "too bad" if someone thought that Aadhaar was a privacy issue.
The Gates Foundation has pledged to fund the World Bank in an effort to take the ID program to other countries.
Despite Gates plea that there are no privacy issues with Aadhaar, several court cases have gone to India's supreme court on grounds of privacy violations.
The ID system has had serious security breaches, with access to a billion identities being sold for less than $10 through WhatsApp.
One of the court filings (Mathew Thomas vs Union of India) details the rise of China's social credit system, comparing the Indian Aadhaar initiative to the Chinese program.
Perhaps the most sensational angle to this story is that the same international tech company that provides the infrastructure to Aadhaar also makes drivers licenses in the United States.
Idemia (formerly Morpho), is a billion dollar multinational corporation. It is responsible for building a significant portion of the world's biometric surveillance and security systems, operating in about 70 countries.
Some American clients of the company include the Department of Defense, Homeland Security, and the FBI.
The company website says that Morpho has been "...building and managing databases of entire populations..." for many years.
In the United States, Idemia is involved in the making of state issued drivers licenses in 42 states.
Idemia is now pushing digital license trials in the U.S. Delaware and Iowa are among five states involved in the trials this year. With the mobile licenses, law enforcement will be able to wirelessly "ping" a drivers smartphone for their license.
The Indian government recently announced a facial recognition program to monitor all social media platforms, called the Advanced Application for Social Media Analytics.
Big tech companies are using China, India, South Korea and other countries as testing grounds for smart cities, surveillance systems and command and control tech that are being stealthily rolled out in the West.
Daily Jot: Who will stand against the evildoers? - Bill Wilson - www.dailyjot.com
After months of news reports, stacked hearings, controlling the impeachment narrative, suppressing contradictory testimony and doctoring transcripts of witnesses, the best the House Democratic coup-makers could come up with were two charges of impeachment against President Donald Trump. The House Democrats charged Trump with obstruction of Congress and abuse of power. While pressing the narrative that nobody is above the law, House Speaker Nancy Pelosi (D-CA) is making a strong case that the law applies only to non-Democrats, for the majority in Congress can conduct hearings without due process and corruption investigations cannot occur if they involve Democratic Party members.
On abuse of power, the Articles of Impeachment read: "President Trump solicited the interference of a foreign government, Ukraine, in the 2020 United States Presidential election. He did so through a scheme or course of conduct that included soliciting the Government of Ukraine to publicly announce investigations that would benefit his reelection, harm the election prospects of a political opponent, and influence the 2020 United States Presidential election to his advantage. President Trump also sought to pressure the Government of Ukraine to take these steps by conditioning official United States Government acts of significant value to Ukraine on its public announcement of investigations. President Trump engaged in this scheme or course of conduct for corrupt purposes in pursuit of personal political benefit."
Regarding Obstruction of Congress, the Articles read: "Donald J. Trump has directed the unprecedented, categorical, and indiscriminate defiance of subpoenas issued by the House of Representatives pursuant to its "sole Power of Impeachment". President Trump has abused the powers of the Presidency in a manner offensive to, and subversive of, the Constitution...Wherefore, President Trump, by such conduct, has demonstrated that he will remain a threat to the Constitution if allowed to remain in office, and has acted in a manner grossly incompatible with self-governance and the rule of law. President Trump thus warrants impeachment and trial, removal from office, and disqualification to hold and enjoy any office of honor, trust, or profit under the United States."
This show-trial by the Democrats is evidence that tyrants have hijacked Congress and modeled it after a third-world communist dictatorship. They rigged the system to get the sound bites and optics they wanted. They clearly demonstrated that if you are a Democratic candidate for President, that your family cannot be investigated for obvious corruption, and that standing up against a vacuum of due process is a violation of their newly-interpreted version of the US Constitution. This is bad for the Constitution and bad for the country, irrespective if it happened to this president or any other. The soil of American Liberty beckons a Psalm 94:16 moment, "Who will rise up for me against the evildoers? Or who will stand up for me against the workers of iniquity?" It is us. We must arise and stand. Speak boldly to all who will listen.
Daily Devotion: An Amazing Sacrifice - by Greg Laurie - www.harvest.org
Instead, he gave up his divine privileges; he took the humble position of a slave and was born as a human being.-Philippians 2:7
I heard a story about a mother who was telling her little girl that Jesus lived in her heart. The little girl put her ear to her mom's chest and said, "I'm listening to Jesus in your heart."
"Really?" the mother said. "What are you hearing?"
She said, "I think right now He's making coffee."
When someone becomes a Christian, Jesus Christ literally takes residence in his or her heart. Colossians 1:27 says, "And this is the secret: Christ lives in you" (NLT). Then in John 1:12 we read, "But to all who believed him and accepted him, he gave the right to become children of God" (NLT).
So it is accurate to say that we must receive Christ. And it is accurate to say that Christ lives in our lives after we receive Him.
In fact, Jesus said in John 14:23, "All who love me will do what I say. My Father will love them, and we will come and make our home with each of them" (NLT). So when you become a Christian, Christ literally comes and makes His home with you.
I think we've romanticized the Christmas story, depicting Mary, Joseph, and the newborn Jesus with halos while the animals look on in reverence. Everything is bathed in blue light. It's a beautiful scene. But that isn't the way it was.
God sent His Son from the glory of Heaven to be born in the most unsanitary conditions imaginable. It was cold and damp-an unwelcoming place. But to me, that doesn't diminish the Christmas story. In fact, it enhances it to think of all God left to come to us. What an amazing sacrifice it was.
Jesus left His home in Heaven to make a home in our hearts. He was born so that we could be born again. Is Jesus at home in your heart today?
FROM THE HEART
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"Folks, it's all beginning to unravel. America is in more danger of falling than at any time in its history. But I believe Bible prophecy predicts this very decline. From this point on, we believers have to get serious. We are going to face discouragement, disillusionment and, most certainly, persecution in the time between now and the Rapture. But don't be discouraged or disillusioned. The coming turmoil will provide us unrivaled opportunities to share the good news of the Gospel. So be ready to share your faith and your hope with those who need Christ. We still have time to reap a great harvest of souls for God's kingdom!" - Hal Lindsey
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