Dr. Weiss: ‘Shocking Forecasts Coming True’; Dr. Thiel: ‘Much more shocking events are ahead’

Oil Reserves (Gunnmap)

Dr. Martin Weiss of Money and Markets posted the following headline and interview comments:

Shocking Forecasts Coming True

January 25, 2016

Hah! A lot of so-called “experts” on Wall Street, trying to divine the next bottom for a barrel of oil, now say it will be $25, $20 or even as low as $15.

What’s ironic is that, among them, are some of the very same individuals who, near the peak of the oil market just 18 months ago, were telling you to expect ten times more — $150, $200 or even $250 per barrel. …

Before oil peaked in 2014, Weiss Research’s Larry Edelson mapped out exactly how oil prices would plunge to where they are today. …

Similarly, before the recent rout in U.S. markets, Weiss Research’s Mike Larson warned repeatedly of the dangers . . .

What Next?

Martin: Mike, so far you’ve told us what’s happened. But the payoff for our readers is guidance on what’s going to happen next.

Mike: Whether oil prices bottom now, go lower or rally, what we’ve got here is plain as day. It’s global Deflation with a capital “D,” just like Larry said it would be before it all started.

Martin: Tell our readers exactly what that means to investors.

Mike: It means a dangerous cycle of declining commodity prices, disastrous corporate revenues, disappointing profits and, ultimately, a rash of debt defaults. http://www.moneyandmarkets.com/shocking-forecasts-coming-true-75599#.VqYw6VnD7UU

One thing to bring out is the fact that Iran, which is believed to have the fourth largest oil reserves in the world, is now re-entering the world oil market, plus when you add discoveries in Brazil and elsewhere, there has been an increase in available oil supplies.

That, for oil prices, has certainly been deflationary. Much more shocking events are ahead.

For one, a side effect of deflation is that it can hide the building up of inflation caused by printing up (electronically mainly in this case) of money, which the USA has been doing at a feverish pace the past 8 or so years.

Now, Larry Edelson, like others at Money and Markets, believes that deflation is really the issue. He also believes that Europe’s financial crisis will result in it being torn apart. Notice something that was posted last month:

The Great Deflationary Collapse Continues

December 16, 2015

Everything I have been warning you about is unfolding, right on cue.

I’m talking about DEFLATION — the D-word no one wanted to hear more than four years ago when I first forecast it.

The D-word that had all the hyperinflationists up in arms. …

One, there’s simply way too much debt in the world. At more than $200 trillion of official total global debts — there is simply no way printing money could offset the deleveraging process that must occur.

Simply put, $3 trillion of Fed money printing, combined with another $2.4 trillion from other central banks over the past several years — a total of $5.4 trillion of printed money — is merely like throwing a coin in the middle of a lake and expecting a tsunami of inflation. It’s not going to happen.

Combined, all the central banks of the world would have to print far more than $200 trillion for hyperinflation to ever strike. …

Two, I also realized, way back in 2011, that the U.S. wasn’t the problem, as indebted as it was, and still is. Nor would it be China, who even today is wrongly cited as the biggest threat to the global economy.

I said way back then, and I warned you repeatedly, that the biggest threat to the global economy, and the biggest trigger to set off a deflationary spiral was none other than Europe.

I was right. Europe was, is and will be the biggest threat to global growth and the biggest force behind deflation. …

The single currency experiment in Europe is the most ill-conceived economic/social experiment of all time. I said it in 1998, and my words have come true. Europe is crashing and burning. …

Mark my words: By 2020, the year my war cycles peak, a short five years from now, you will see Europe torn apart at the seams, the euro fail as a currency, wars break out between member countries, and even secession movements succeed within countries. http://www.moneyandmarkets.com/great-deflationary-collapse-continues-74756#.VnGdz15aYZw

Larry Edelson is correct that by adding $5 trillion to its debt the USA did not cause hyperinflation in a down economy. Deflationary pressures, not only from oil but from Chinese manufacturing and technology, help prevent inflation, especially when many are afraid to spend.

He is also correct that all the financial problems in Europe have not been solved.

Larry Edelson is correct that Europe will reorganize. The Bible tells of it.

But will that be the end of Europe?

No.

Europe will arise and be the top financial force in the world for several years (cf. Revelation 13; Daniel 7:25). But it will reorganize as stated in Revelation 17:12-13; see also Must the Ten Kings of Revelation 17:12 Rule over Ten Currently Existing Nations?).

The Bible also tells of problems with European unity:

41 Whereas you saw the feet and toes, partly of potter’s clay and partly of iron, the kingdom shall be divided; yet the strength of the iron shall be in it, just as you saw the iron mixed with ceramic clay. 42 And as the toes of the feet were partly of iron and partly of clay, so the kingdom shall be partly strong and partly fragile. 43 As you saw iron mixed with ceramic clay, they will mingle with the seed of men; but they will not adhere to one another, just as iron does not mix with clay. (Daniel 2:41-43)

One difference between the USA and Europe’s is that Europe is a net exporter, but the USA is not. Here are two reports I found online today:

The Euro Area current account surplus increased to a non-seasonally adjusted €33.1 billion in September of 2015 compared to an upwardly revised €14.6 billion surplus in August. Both the goods and services surpluses increased to €29.1 billion and €6.8 billion, respectively, from €15.9 billion and €3.9 billion in the previous month. Also, primary income surplus went up to €4.8 billion, from €4 billion in August. http://www.tradingeconomics.com/euro-area/current-account
The U.S. current-account deficit—a net measure of transactions between the United States
and the rest of the world in goods, services, primary income (investment income and
compensation), and secondary income (current transfers)—decreased to $109.7 billion
(preliminary) in the second quarter of 2015 from $118.3 billion (revised) in the first
quarter. http://www.bea.gov/newsreleases/international/transactions/transnewsrelease.htm

The USA is a net importer, Europe is a net exporter. This means that the USA keeps being subsidized by foreigners. The Bible says that this will stop.

The deflationary pressures have made it easier for the USA to increase its debt.

Around 605-625 B.C. Habakkuk wrote a short book of the Bible that has a lot of implications for the time that we are now in. Notice something that God said in it:

5 “Look among the nations and watch — Be utterly astounded! For I will work a work in your days Which you would not believe, though it were told you. (Habakkuk 1:5).

Many, including a COG I was once part of, claim that Habakkuk was prophesying only something for the past that has already been fulfilled (and that group included Habakkuk 2 in its assessment). And if you only look at verse 5 that looks reasonable. Yet, notice that the above is also repeated in the New Testament:

40 Beware therefore, lest what has been spoken in the prophets come upon you:

41 ‘Behold, you despisers,
Marvel and perish!
For I work a work in your days,
A work which you will by no means believe,
Though one were to declare it to you.'” (Acts 13:40-41)

So, there is certainly a duality in some of what Habakkuk wrote. (More on the work for these times can be found in the articles Preparing for the ‘Short Work’ and The Famine of the Word and The Final Phase of the Work.)

Getting back to Habakkuk, here is some of the shocking things God had him write down specifically related to the end times:

2 Then the Lord answered me and said: “Write the vision And make it plain on tablets, That he may run who reads it. 3 For the vision is yet for an appointed time; But at the end it will speak, and it will not lie. Though it tarries, wait for it; Because it will surely come, It will not tarry. 4 “Behold the proud, His soul is not upright in him; But the just shall live by his faith.( Habakkuk 2:2-4)

This prophecy is so shocking that God is warning people to run who read it.

Notice that the prophecy that is being discussed is specifically for the appointed time of the end. It is a prophecy for our time–and will affect the proud. What will happen is so bad “That he may run who reads it.” What is so bad? Habakkuk continues with the following:

5 “Indeed, because he transgresses by wine,He is a proud man,And he does not stay at home. Because he enlarges his desire as hell, And he is like death, and cannot be satisfied, He gathers to himself all nations And heaps up for himself all peoples. 6 “Will not all these take up a proverb against him, And a taunting riddle against him, and say, ‘Woe to him who increases What is not his — how long? And to him who loads himself with many pledges’? 7 Will not your creditors rise up suddenly? Will they not awaken who oppress you? And you will become their booty. 8 Because you have plundered many nations, All the remnant of the people shall plunder you, Because of men’s blood And the violence of the land and the city, And of all who dwell in it. ( Habakkuk 2:5-8)

Actually, with an admitted debt of nearly $19 trillion dollars and plans to increase that much further, the USA has increased pledges more than any nation in the history of the planet, especially considering that it keeps running trade deficits. And on a per capita basis, the United Kingdom is one of the most indebted nations on the earth itself.

Since the above prophecy in Habakkuk will be fulfilled at the time of the end (cf. “The message was true, but the appointed time was long…in the latter days, for the vision refers to many days yet to come”, Daniel 10:1,14). Daniel 8:19, 11:27,29,35 uses the same Hebrew term for “appointed time” as Habakkuk 2:3, while Daniel 10, using a different term, ties the latter days to the time in Daniel 8:19. Habakkuk 2 was not fulfilled in its entirety anciently. Also, it makes little sense that Habakkuk would be directed towards the modern nation of Israel as it does not have enemy creditors. It must be a nation or group of nations with some prominence at the appointed time of the end. As far as “violence of the land” as a contributing factor, this would seem to include crime, military missions, and perhaps riots/civil unrest, but might it also include promotion of violent sports?

Deflationary pressures have allowed many in the US government to improperly conclude that increasing debt has minimal consequences. They are wrong.

As far Europe goes, Europe does not have to be debt-free, but only perceived as less risky than the USA for the situation to change for Europe.

While deflation tends to increase the value of currencies, inflation has the opposite affect. In time, the USA will face massive devaluation of its dollar and there will be hyperinflation that will rival other major ones in history.

Does the USA have any hope?

Yes, national repentance:

14 if My people who are called by My name will humble themselves, and pray and seek My face, and turn from their wicked ways, then I will hear from heaven, and will forgive their sin and heal their land (2 Chronicles 7:14)

The Bible points out that the descendants of Jacob and Joseph are God’s people (Psalm 77:15; see also Anglo – America in Prophecy & the Lost Tribes of Israel). But, instead of repenting, the USA has been pushing a pro-homosexual, pro-abortion, pro-violence, and pro-debt message. The shock that will come to the USA and the rest of the world (Revelation 13:4) will not just be the end of the USA’s financial dominance, but the end of it militarily (Daniel 11:39).

While the Bible shows that Europe will also eventually be punished for what it will do to the USA (e.g. Isaiah 10:12), the Bible shows that the USA will be punished first (Isaiah 10:5-11; see also Anglo – America in Prophecy & the Lost Tribes of Israel).

Another thing that Money and Markets has seemingly overlooked is that the USA will be hit by more of the ‘sorrows’ that Jesus prophesied in Matthew 24:4-8 (cf. Jeremiah 30:5-7) BEFORE the start of the Great Tribulation (Matthew 24:21).

This will weaken the USA economically enough, that sorrows (Matthew 24:4-8) plus debt (Habakkuk 2:6-8) plus the rise of European military technology (Revelation 13:4; see also European Technology and the Beast of Revelation) will lead to the end of the USA (Daniel 11:39) and lead to world economic dominance by the Europeans for a time (Revelation 13:16-18; 18:15).

This is a much more severe shock than most believe is possible.

The solution to the problems in the USA and Europe is not investments in the dollar of the USA–which will one day fail–but the Kingdom of God.

Some items of possibly related interest may include:

Collapse of the Euro and Dollar? War in 2020? Larry Edelson of Money and Markets described aspects of current economic difficulties and explained why he felt matters would get a lot worse. He said war, like World War III, could break out as early as 2020. What did he call the ‘granddaddy of all cycles”? Will matters go as he said? What does the Bible teach? Dr. Thiel provides biblical insights that secular sources often miss. This is a video.
Preparing for the ‘Short Work’ and The Famine of the Word What is the ‘short work’ of Romans 9:28? Who is preparing for it? Here is a link to a related video sermon titled: The Short Work.
The Final Phase of the Work What is the final phase of the work? Who will lead it? Do you have the courage to support it? Here is a related YouTube video titled The Final Phase of the Work. The written article has been translated into Spanish La Fase Final de la Obra.
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? Is an emerging European power “the daughter of Babylon”? What is ahead for Europe? Here is a link to a video titled: Can You Prove that the Beast to Come is European?
European Technology and the Beast of Revelation Will the coming European Beast power would use and develop technology that will result in the taking over of the USA and its Anglo-Saxon allies? Is this possible? What does the Bible teach? Here is a related YouTube video: Military Technology and the Beast of Revelation.
When Will the Great Tribulation Begin? 2016, 2017, or 2018? Can the Great Tribulation begin today? What happens before the Great Tribulation in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? Who are the 144,000? Here is a version of the article in the Spanish language: ¿Puede comenzar la Gran Tribulación en 2016 o 2017? ¿Es el Tiempo de los Gentiles? You can also see the English language sermon video: The Great Tribulation from the Mount of Olives. A shorter video is: Can the Great Tribulation Start in 2016?
Two Horned Beast of Revelation and 666 Who is 666? This article explains how the COG views this, and compares this to Ellen White. Here is a link to a prophetic video Six Financial Steps Leading to 666?
The Mark of Antichrist What is the mark of Antichrist? What have various ones claimed? Here is a link to a related sermon What is the ‘Mark of Antichrist’?
Mark of the Beast What is the mark of the Beast? Who is the Beast? What have various ones claimed the mark is? What is the ‘Mark of the Beast’?
Must the Ten Kings of Revelation 17:12 Rule over Ten Currently Existing Nations? Some claim that these passages refer to a gathering of 10 currently existing nations together, while one group teaches that this is referring to 11 nations getting together. Is that what Revelation 17:12-13 refers to? The ramifications of misunderstanding this are enormous. A related sermon is titled Ten Kings of Revelation and the Great Tribulation.
World War III: Steps in Progress Are there surprising actions going on now that are leading to WWIII? Might a nuclear attack be expected? What about WWIV? Does the Bible promise protection to all or only some Christians? How can you be part of those that will be protected? A related video would be Is World War III About to Begin? Can You Escape?
Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? Does God have 7,000 year plan? What year may the six thousand years of human rule end? When will Jesus return? 2023 or 20xx? There is also a video titled The 6000 Year Plan: Is the end of humanity’s reign almost up?
The Snowden Leaks are Leading to the Destruction of the USA Can what happened with the leaks of what the NSA has done help the USA to be taken over? What does the Bible teach that seems to be related to this? Here is a related YouTube video titled Are the Snowden NSA leaks leading to the destruction of the USA?
Project Prophecy: Economic Collapse Starting in 2015? Jim Rickards once worked for the CIA and also was once part of a a USA government program called called ‘Project Prophecy.’ He has a video were he claims that starting in 2015, the USA may have economic collapse resulting in a 25-Year Great Depression. He mainly cites debt figures and claims advises alternatives to the USA dollar which he says will collapse? What did Rand Paul state? Can the USA dollar collapse?
Market Collapse then New World Order in 2015? A long-time financial adviser named Harvey Organ claims that claims that because of insufficient gold in the central banks of USA and UK, that Shanghai would bring about exposing this and that this would lead to a massive, overnight, rise in the price of gold and silver, diminished value of their currencies. He states a market collapse will occur before the end of 2014, that the petroyuan will replace the petrodollar, and that a Chinese led New World Order will be in place for 2015. Is this possible? Where does the leader of the ‘New World Order’ come from? What does the Bible teach?
The Plain Truth About Gold in Prophecy. How Should a Christian View Gold? What do economists and the Bible teach about gold? Gold and silver may drop in value. Inflation/deflation? What do Christians need to know about gold?
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, English, Scottish, Welsh, Australians, Anglo-Saxon (non-Dutch) Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? What will happen to Jerusalem and the Jews in Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo-Saxon nations? Why might God allow them to be punished first? Here is a link to the Spanish version of this article: Anglo-América & las Tribus Perdidas de Israel. Information is also in the YouTube sermons titled Where are the Ten Lost Tribes? Why does it matter? and British are the Covenant People. A short YouTube of prophetic interest may be Barack Obama and the State of the Apocalypse.
Just What Do You Mean — Repentance? Do you know what repentance is? Have you truly repented? Repented of what? Herbert W. Armstrong wrote this as a booklet on this important subject.
When You Sin: Do You Really Repent? This is an article by Charles F. Hunting. A related sermon is Confess to God and truly repent.
The Gospel of the Kingdom of God was the Emphasis of Jesus and the Early Church Did you know that? Do you even know what the gospel of the kingdom is all about? True religion should be based upon the true gospel.
Did The Early Church Teach Millenarianism? Was the millennium (sometimes called chiliasm) taught by early Christians? Who condemned it? Will Jesus literally reign for 1000 years on the earth? Is this time near? A related sermon is titled The Millennium.
Barack Obama, Prophecy, and the Destruction of the United States-Second Edition for Second Obama Term This is a 160 page book for people truly interested in prophecies related to Barack Obama and the United States, including learning about many that have already been fulfilled (which the book documents in detail) and those that will be fulfilled in the future. It also has a chapter about a Republican choice. This book is available to order at www.barackobamaprophecy.com. The physical book can also be purchased at Amazon from the following link: Barack Obama, Prophecy, and the Destruction of the United States: Is Barack Obama Fulfilling Biblical, Islamic Catholic, Kenyan, and other America-Related Prophecies? What About Republican Leaders? Second Edition for Second Obama Term.
Barack Obama, Prophecy, and the Destruction of the United States-Second Term-Amazon Kindle edition. This electronic version is available for only US$2.99. And you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon s Free Reader Apps. After you go to for your free Kindle reader and then go to Barack Obama, Prophecy, and the Destruction of the United States-Second Term-Amazon Kindle edition.