Jan 242015
 

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The New American: “While the officially admitted manipulation and suppression of gold prices by Western central banks has been documented extensively, world renowned economist and money expert Jim Rickards argued last week that the real purpose of it was to benefit the Communist Party regime ruling mainland China.

As China becomes a global superpower in an increasingly globalized world, the dictatorship in Beijing needs gold reserves to match its growing economic clout, explained Rickards, editor of Strategic Intelligence and author of two books focusing on currency. Eventually, all of that gold — being scooped up by the Chinese autocracy at artificially low rates — will give Beijing a much bigger voice at the table as the new world monetary order.

Opinion: We wrote about this in our book Antichrist: The Search for Amalek:

“Russia and China have taken advantage of central bank manipulation stocking up on gold for the day when they attack the world reserve status of the US dollar.”

And we wrote a post about it on November 15, 2014:

“I  can’t prove it, but, I have long suspected that central banks have been holding the price of gold down by selling massive futures contracts.”

Jim Rickards explains why this is happening from a secular view:

  • “In the current world order, the United States and Europe still reportedly hold most of the gold”
  • “If you took the lid off and ended the gold price manipulation and let gold find its level, China would be left in the dust”
  • “When the global monetary system has its “reset,” governments around the world will sit down at the table to reshape the system. And because China now represents the second largest economy in the world, its rulers must also have a seat — and for that, they will need a decent amount of gold proportional to their economic weight.”
  •  “So the price is being suppressed until China gets the gold that they need”

Picture holding a beach ball under water, when you let it go it pops to the surface very fast. From a prophetic view, when China gets the gold they need, expect that the reset will include a basket of currencies to replace the dollar as world reserve currency and gold to skyrocket.

When that doesn’t work and the world’s economic system is on the verge of collapse, a single currency will be proposed and accepted by an up and coming world leader (Revelation 13: 16-17).

By that time it will probably be illegal to own gold.

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Jan 242015
 

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Newsmax: “The death of King Abdullah in Saudi Arabia has created a potential vacuum that could result in the U.S. facing the threat of Iran increasing its power in the Middle East and an even greater danger from radical Islamic terror groups.

The 90-year-old Sunni Arab king was a longtime ally of Washington who helped the U.S. in its fight against al-Qaida and the Islamic State (ISIS), and also prevented Shiite Iran from gaining a stronger foothold in the troubled region, according to reports.

The Saudi monarch died just as reports surfaced that Iran has produced an intercontinental ballistic missile, which could pose a threat to the U.S. due to its expanded range, according to a report.”

Opinion: The obvious answer to the question of why Iran needs an intercontinental ballistic missile (ICBM) is – not to strike Israel or ISIS or Saudi Arabia, the missile is for us. Here is how I know:

  • An ICBM is primarily designed for nuclear weapons delivery of one or more nuclear warheads
  • The distance from Tehran to Saudi Arabia is 8oo miles
  • The distance from Tehran to Tel Aviv is approximately 1100 miles
  • But the distance from Tehran to New York is just over 6000 miles
  • An ICBM has a minimum range of  3400 miles

All Iran needs to usher in their apocalyptic 12th Imam is a nuclear warhead to sit on top of the ICBM and the Obama team is giving them all the time they need to build it.

 

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Jan 242015
 

hezbollah-8Business Insider: “Israel dealt Iran a painful blow on Sunday when it struck a convoy of senior Iranian and Hezbollah commanders in Quneitra in the Golan Heights.

Some Israeli former security officials have explained the strike as preemptive action against an imminent attack on northern Israel. They pointed to an interview by Hezbollah chief Hassan Nasrallah three days before, in which he talked about his fighters making incursions into the Galilee in the next war with Israel.

No one in the Middle East actually believes that the Obama administration will stop Iran from developing a nuclear weapon.”

Opinion: I wonder if the Obama team will act surprised like Richard Nixon was when India shocked the world with a nuclear test in 1974?

  • Or will they be like Bill Clinton was in 1998 when Pakistan surprised the world?
  • Or will they be like George Bush was in 2006 when North Korea tested a nuclear weapon?

If Iran tests, it should come as no surprise.

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Jan 242015
 
Iran, Obama, Boehner and Netanyahu

  Front Page Mag: “Iran has apparently produced an intercontinental ballistic missile whose range far exceeds the distance between Iran and Israel, and between Iran and Europe. On Wednesday night, Channel 2 showed satellite imagery taken by Israel’s Eros-B satellite that was launched last April. The imagery showed new missile-related sites that Iran recently constructed

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Jan 232015
 
U.S. Fears Chaos as Government of Yemen Falls

The New York Times: “SANA, Yemen — The American-backed government of Yemen abruptly collapsed Thursday night, leaving the country leaderless as it is convulsed by an increasingly powerful force of pro-Iran rebels and a resurgent Qaeda. The resignation of the president, prime minister and cabinet took American officials by surprise and heightened the risks that

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Jan 232015
 
Saudi Arabia’s King Abdullah dies at 90

The Guardian: “King Abdullah of Saudi Arabia has died, aged 90, after a short illness, state television announced late on Thursday. He has been succeeded by Crown Prince Salman, his half-brother. Beyond confirmation that Salman has ascended the throne lie troubling questions about the succession, the stability of an unreformed absolute monarchy and the prospects

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Jan 232015
 
Mario Draghi Doubles Down On Eurozone Failure

Investors Business Daily Op-Ed: “Economics: Despite the opposition of the European Union’s most powerful nation, Germany, the European Central Bank has launched a massive quantitative easing program. It’s not what the stagnant EU needs. Yes, markets rallied on the news, largely cheering the fact that someone, anyone, seems to be doing something about the eurozone’s

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