WND headline ‘Statistician: Data proves biblical financial collapse’

New York Financial District

The DOW component of the US stock market dropped a lot yesterday. World News Daily has an article claiming that the Bible basically predicted it:

Statistician: Data proves biblical financial collapse?

Get ready – because the best of times are over and the worst of times may have just begun.

That is the assessment of a Florida mathematician who has studied the biblical Shemitah cycle as it applies to the financial markets.

Thomas Pound is an educator and mathematician who applies his statistical wizardry to the markets.

The Dow fell another 468 points, or 3 percent, Tuesday, providing fresh evidence for investors the sell-off which began in August was no mirage. It is likely to continue in September.

Only eight more trading days remain until the dreaded Elul 29, which is the final day of the Shemitah year, known as “wipe out day” on the Hebrew calendar.

Since Elul 29 falls on a Sunday, Sept. 13, when the markets are closed, the rest of this week and the following week could bring the most devastating losses. Another theory is that the period of Sept. 14-28 right after Elul 29 and leading up to a scheduled blood moon (on Sept. 27-28) could be worth watching. …

Now comes Jonathan Cahn’s New York Times-best selling book about the Shemitah cycle – “The Mystery of the Shemitah” – and Pound was again challenged to study Cahn’s research from a statistical perspective to see if it had merit.

The Shemitah year falls every seventh year, when God instructed Moses to let the land rest, cease sowing and reaping, and then all Israelites were to have their debts canceled on the final day of the year, Elul 29.

Cahn pointed out that the years 1973, 1980, 1987, 2001 and 2008 were all Shemitah years that saw stock markets collapse.

The biggest ever single-day stock market crash occurred on Sept. 29, 2008, when the Dow fell 777.7 points and lost $1.2 trillion in value. This day also happened to be Elul 29, the last day of the Jewish year, one day before Rosh Hashana, signaling the end of the Shemitah cycle. http://www.wnd.com/2015/09/statistician-data-proves-shemitah-financial-collapse/#UfvI3TORSkpBWBky.99

Of course, stock prices rise and fall, but this WND report may sound convincing to many. But there is an inconsistency that is not mentioned. The civil year ends the last day of Elul (the sixth month in the Hebrew calendar) and the new one begins the first day of the seventh month (called Tishri or Ethanim).

Yet, while there have been stock market disturbances in Elul in 2015, I remember being in Paris right after the Feast of Tabernacles when the major drop in 1987 happened. This was in the Hebrew month of Tishri/Ethanim. Or in other words not in the same claimed Shemitah year. Thus, the statistician combined data together that was not related quite as is being interpreted. It is not that there are no time cycles associated with economic issues, but that it is not wise to suggest that the Bible is forecasting something that it is not forecasting.

Now, as I have written before, I am not convinced that the Jewish civil year that ends at sunset September 13, 2015 is a Shemitah year. Also, as I have repeatedly pointed out, Jonathan Cahn is wrong on many points (see, for example, The September ‘harbinger’ convergence?) and the lunar phenomena called blood moons are not of biblical significance (see Blood Moons and Prophecy).

That being said, if enough Jews (e.g. Jewish Rabbi claims blood moons mean ‘messianic advancement’ ) and/or others believe that they are, the stock market could be affected because of that view in Elul or Tishri/Ethanim.

Speaking of Elul, back in 2013, the 24th day of Elul for 2013 equated with August 30 on the Roman calendar. David Pack of RCG repeatedly claimed it had biblical significance, that three shepherd obstructionists would die that day, and that thousands in the Church of God would flock to his church then. I denounced this and said it would not happen. And that came and went without RCG getting what David Pack suggested. Just because WND quotes Jews, Protestants, and a statistician about this month does NOT mean that the Bible prophecies what WND is reporting.

Now could anything else bad affect Wall Street this year?

Absolutely yes!

Notice also the following today from Larry Edelson of Money and Markets:

September 2, 2015

Is it over? Will the stock market now make a beeline back to the highs, then on to new record highs?

Not yet! The long-awaited correction, according to my models, is far from over. Yes, we may see the dust settle for a few more days. We may even see more strong spikes higher.

But my work tells me there is much danger on the horizon, and the Dow Industrials have not yet bottomed. Not even close. Nor have the other major indices such as the Dow Transports, the S&P 500, the Nasdaq.

Nor has Europe bottomed. Or Asia. …

After a brief stabilizing period and bounce (red line) into the middle of this month, the stock market is likely to nosedive into the third week of October.

That low can come in as low as 13,937 in the Dow. …

My models show similar patterns for virtually all stock markets in Europe. Some stabilization and a possible bounce into the middle of this month, then a collapse.

Moreover, Europe’s economic data is far worse than the lackluster data on the U.S. economy. Deflation is worsening in Europe. Industrial production is sliding. Consumer confidence is near lows. …

Long-term, Asia, including China, is fine. But my work tells me the markets there too have not yet bottomed. But keep an eye on them, for when they do bottom — especially China — they will likely bottom ahead of Western markets.

Why? Because in a very real sense today, Asia — especially China — leads the world.

They used to say when the U.S. sneezed, the rest of the world caught a cold. Now it’s the other way around: When China sneezes, the rest of the world gets pneumonia. http://www.moneyandmarkets.com/bottom-yet-not-even-close-73119#.Veb4aPTw82E

If Larry Edelson is correct, then the US stock market will be lower in the month of Hebrew month of Tishri/Ethanim than in Elul–which again would not be in the same claimed Shemitah year.

Now, like many analysts, Larry Edelson sees China becoming the financial leader of the world in the 21st century, with the USA declining and Europe doing even worse. While he is correct that the USA is declining, and there are problems in Europe, this is consistent with biblical prophecy. However, the Bible shows that Europe, and not China, will be the major military (Revelation 13:4) and economic power, for a time (Revelation 13:16-18; cf. Revelation 18), in the world.

As I have written before, the worst is yet to come, but for the USA it will not be for at least a few more years (see When Will the Great Tribulation Begin? 2015, 2016, or 2017?). This current claimed Shemitah year is NOT even close to the massive and total collapse that will happen to the USA’s economy. Yes, the DOW might drop a lot this month. But even if it does, this pales in comparison to the trouble ahead for the USA (and I am looking past next month when I state that).

Short of nation-wide repentance, the USA faces total collapse, but not this month or next.

As far as 2015 goes, as I mentioned before, consider watching the videos Project Prophecy: Economic Collapse Starting in 2015?, Market Collapse then New World Order in 2015?, Alternative to the US Dollar in the Fall of 2015?, and The ‘Harbinger’ and September 2015.

Some items of possibly related interest may include:

Blood Moons and Prophecy There are four ‘blood moons’ expected in 2014 and 2015. Do they signal the Day of the Lord or the return of Jesus Christ? A related YouTube video is also available: Blood Moons, Prophecy, 2014, and 2015.
NASA predicts irreversible collapse of civilization; ‘perfect storm’ within 15 years? How has NASA predicted the end? Here is a link to a related video: BibleNewsProphecy: NASA ‘Irreversible Collapse’ of Industrial Civilization by 2030?
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.
When Will the Great Tribulation Begin? 2015, 2016, or 2017? 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 2014 o 2015? ¿Es el Tiempo de los Gentiles? You can also see the English language sermon video: The Great Tribulation from the Mount of Olives.
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.
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.
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?
China, Its Biblical Past and Future, Part 1: Genesis and Chinese Characters Where did the Chinese people come from? This article provides information showing that the Chinese peoples must have known about various accounts in the Book of Genesis up until their dispersion after the Tower of Babel. Here is a link to a version of this article in Spanish: ¿Prueban los caracteres chinos la exactitud de la Biblia?
China, Its Biblical Past and Future, Part 2: The Sabbath and Some of God’s Witness in China When did Christianity first come to China? And is there early evidence that they observed the seventh day sabbath?
Asia in Prophecy What is Ahead for Asia? Who are the “Kings of the East”? What will happen to nearly all the Chinese, Russians, Indians, and others of Asia? China in prophecy, where? Who has the 200,000,000 man army related to Armageddon? A YouTube video of interest may be Is China THE Threat to the United States of America?
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? 2021 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?
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.