Habakkuk 1:5 Look among the nations, and see; wonder and be astounded. For I am doing a work in your days that you would not believe if told. -LORD God
The Day of Atonement is viewed as the holiest day of Judaism. The day is a Sabbath of rest. Yom Kippur is the only appointment a fast is required. The appointment begins at sun down. It is the last day of the 40 day period of Teshuvah. See Leviticus 16 for details of Yom Kippur/Day of Atonement.
1 Thessalonians 5:13 While people are saying, “There is peace and security,” then sudden destruction will come upon them as labor pains come upon a pregnant woman, and they will not escape.
“We are at the cusp of a historic peace between Israel 🇮🇱 and Saudi Arabia 🇸🇦… between Jerusalem and Mecca… between the descendants of Isaac and Ishmael.” – @IsraeliPM#MBSpic.twitter.com/oxpkMZacom
This is a must listen interview with Mohammed Bin Salman. Below is a list of topics discussed with Fox’s Bret Baier. MBS has command of the English language. This interview is loaded with significant content.
G20 Rail Imports from India to Europe
Normalized relations with Israel
Relations with the United States
Iranian relations and nuclear weapons
China
BRICS
Russia
Oil production supply and demand
Assassination of Jamal Khashoggi and political dissent
Erdogan denounces antisemitism and announces plans to visit Israel during meeting with Jewish leaders in New York. @ZvikaKlein reports ➡ https://t.co/o7iDhBLAD8
Russia has released a list of "friendly and neutral" countries allowed to trade on its currency exchange market:
– China – Cuba – United Arab Emirates – Saudi Arabia – Turkey – South Africa – Azerbaijan – Algeria – Armenia – Bangladesh – Bahrain – Belarus – Brazil – Venezuela -…
The conflict, which had been simmering for more than 30 years, ended in two days with #Azerbaijan's victory and restoration of control over its internationally recognised territory.
The Azerbaijani Defence Ministry said an agreement had been reached in #Karabakh:
2 soldiers were killed by live fire adjacent to the Egyptian border, and the third during an exchange of fire with an assailant in the area of the Paran Regional Brigade. An IDF NCO was also lightly injured. 1/2
Ezekiel 38:3-4 …and say, Thus says the Lord GOD: Behold, I am against you, O Gog, chief prince of Meshech and Tubal. And I will turn you about and put hooks into your jaws, and I will bring you out, and all your army, horses and horsemen, all of them clothed in full armor, a great host, all of them with buckler and shield, wielding swords.
Israel discovers more natural gas in the Mediterranean Sea. The Katlan gas field has an estimated 68 billion cubic meters (BCM) of natural gas. When combining the Leviathan, Tamar, Karish, and Tanin gas fields, Israel has over 1,000 BCM of natural gas reserves. Israel consumes approximately 13 BCM per year. More bait to set the hooks (plural) in Gog’s jaw.
Afghanistan Algeria Argentina Bahrain Bangladesh Belarus Egypt Indonesia Iran Kazakhstan Mexico Nicaragua Nigeria Pakistan Saudi Arabia Senegal Sudan Syria The United Arab Emirates Thailand Tunisia Turkey Uruguay Venezuela…
Exodus 12:6 You shall keep it until the fourteenth day of the same month, then the whole assembly of the congregation of Israel is to slaughter it at twilight.
The Passover Sacrifice took place near the Dung Gate in Jerusalem. The Dung Gate is located south of the Western Wall and looks over the City of David.
Rafael Morris of the Returning to the Mount movement was held by local authorities under suspicion for potentially sacrificing a Paschal Lamb on the Temple Mount. This year, the Returning to the Mount movement raised the anti to 20,000 shekels (roughly $5,600) for anyone attempting or finishing the sacrifice on the Temple Mount.
Revelation 6:6b “…and do not harm the oil and wine.”
OPEC and Russia agreed to cut oil production by 1.6 million barrels per day to the global supply. Oil immediately spiked 6-8% in pre market trading.
The Biblical countries in the end times scenario are involved. Israel, Russia, Libya, Saudi Arabia, Iran, Iraq, China and arguably India as a king of the east.
Russia and India dump the Brent Crude Market and turn to the Middle East and Dubai. Dubai will now set the market price for a barrel of oil. The move indicates a shift away from the west and dollars to the east and likely the Chinese yuan.
The Fed just announced it will introduce its “FedNow” Central Bank Digital Currency (CBDC) in July. CBDCs grease the slippery slope to financial slavery and political tyranny.
While cash transactions are anonymous, a #CBDC will allow the government to surveil all our private…
— Robert F. Kennedy Jr (@RobertKennedyJr) April 5, 2023
FedNow, the Federal Reserve’s digital payments system, will debut in July.
The system will allow bill payments, money transfers and other consumer activities to move more rapidly and at lower cost.
Isaiah 5:20 Woe to those who call evil good and good evil, who put darkness for light and light for darkness, who put bitter for sweet and sweet for bitter!
For the first time in 2,000 years, people will be able to visit the Pool of Siloam. The original pool was rediscovered in 2004. The original size of the pool is believed to be approximately 1.25 acres.
The pool was first mentioned in 2 Kings 20:20 as part of King Hezekiah’s water project.
2 Kings 20:20 Now the rest of the acts of Hezekiah and all his might, and how he constructed the pool and the conduit and brought water into the city, are they not written in the Book of the Chronicles of the Kings of Judah?
Reverend Johnnie Moore, President of the Congress of Christian Leaders had the following quote per Fox News.
“This news means that one of the most important archeological discoveries in history can soon be seen by visitors from all over the world. It will affirm all they believe. Having faith is part of worshipping God, but faith alone isn’t required to believe. There are historic facts attesting to the truth of Scripture.”
“In the Pool of Siloam, we find evidence of history preserved for us, revealed at just the right time. This is a truly historic event. Theologically, it affirms Scripture, geographically it affirms history and politically it affirms Israel’s unquestionable and unrivaled link to Jerusalem. Some discoveries are theoretical. This one is an undeniable. It is proof of the story of the Bible and of its people, Israel.”
Jesus Himself verifies the name of the Pool of Siloam.
John 9:7 And He (Jesus) said to him, “Go, wash in the pool of Siloam” (which is translated, Sent). So he went and washed, and came back seeing.
Itamar Ben-Gvir, Minister of National Security, went to the Temple Mount. And the world freaked out and held emergency meetings at the United Nations. The claim, the status quo on the Temple Mount was violated.
Ben-Gvir spent 13 minutes on the Temple Mount. He walked around, end of story.
Hyperinflation is beginning to settle into Egypt. The currency is worth less and less every day. The Egyptians have taken a $3,000,000,000 (billion) loan from the International Monetary Fund. These are the consequences of the war in Ukraine with Russia’s invasion.
The Egyptian pound dropped to a new low after experiencing its biggest one-day fall since October. This comes two months after the country agreed to a $3bn financial package with the International Monetary Fund pic.twitter.com/pHKUcUKZn6
For Seven years Turkey has borrowed from Western Banks; European Banks like Deutsche Bank seem to be the favorites. However, JP Morgan has estimated that $179 Billion US or 25% of Turkish external debt will rollover between August of 2018 to July of 2019. Some $146 Billion in private debt. As shown by the chart below, the Turkish Lira has recovered some from the August 2018 conversion low of 6.95 Turkish Lira to the US Dollar, however, the repayment in Lira is significantly higher than what was originally borrowed. The Cyclical change in International Exchange Rates has drastically altered the Foreign Debt owed by Turkish Governmental Agencies and Private Corporations. If Turks borrowed $100 in 2014 with the exchange rate at 2 Lire to the US Dollar, they received 200 lira. Today, not only must they pay interest, they repay with drastically depreciated currency at 5.4 Lira to the US Dollar; instead of 200 lira, it is today over 540 lira. Almost 2.5 times the original amount! Loan Shark Territory!!
The drastic depreciation of Turkish currency has driven local inflation through the roof with skyrocketing prices for basic commodities like fuel for the family car, electricity to light the home and maintain modern life, food, medicine such as heart medication for elders, insulin, and hospital supplies. Not only have prices risen, but as the currency depreciates, the international suppliers are reluctant to extend credit limiting quantities. Not only can basics be expensive, they can be difficult to obtain. There is no end in sight.
As I warned in October of 2018, Turkey was heading into Economic Turmoil. Now, it appears Turkey has officially entered a Recession.
Repayment will be even more difficult as Business Conditions deteriorate.International Systemically Important Banks will be at risk for non-payment of Turkish Debt or delayed payment, and even possibly total default of loans made to Turkish entities. The Global Economy is intertwined; these may be early symptoms that will eventually spread. As Revenues decline, the solutions for repayment to worried Banks decline in tandem with the accounts receivable. Debt default may be a more and more plausible option; we will know shortly in the next few quarters.
Look for more and more Military Adventure in Economically Challenged nations as Governments seek to distract their population. Globally Systemic Banks are not prepared for an Economic Contagion of Sovereign defaults; well known but under-Capitalized Banks could fail. A Global Recession will lead to major Civil unrest; political institutions will be challenged. The US Dollar and US Financial Assets likely will rise as Capital flees to Safe Havens. Turmoil throughout the World will rise in both Developed and Un-developed nations. It is time to be careful, it is time to be cautious, it is time to be very conservative.
Raise cash, pay down debts, look to US short term Treasuries for safety of principal. Extra food, medicine, along with cash for 3 to 6 months of expenses might be prudent to have at home. Review Income Streams for credit downgrade vulnerabilities, review Tenant quality to protect Cash Flows, and prepare to purchase the opportunities that will surely arise.
Ezekiel 38:1-3 The word of the Lord came to me: “Son of man, set your face toward Gog, of the land of Magog, the chief prince of Meshech and Tubal, and prophesy against him and say, Thus says the Lord God: Behold, I am against you, O Gog, chief prince of Meshech and Tubal.
Ezekiel 38:6 Gomer and all his hordes; Beth-Togarmah from the uttermost parts of the north with all his hordes—many peoples are with you.
The brothers of Magog (Meshech, Gomer, and Tubal) appear to point to modern day Turkey.
For more evidence pointing to modern day Turkey, see the link below.
The strategically important nation of Turkey is in Trouble; big Trouble! Turkey has threatened to invade Greece, has threatened Cyprus and oil explorers Exxon Mobil, Eni, and France’s Total for exploring in the Mediterranean; going so far as to threaten to sink oil rigs and Hydrocarbon Survey ships before the US 6thFleet intervened.
Turkey has invaded Syria and attacked the Kurds in Iraq as recently as last June. The Government of Erdogan seems to be searching for an external enemy; a classic diversion from an Economic Decline that may be inevitable.
You do not talk nice enough and do not give us enough respect; you are so mean to us! We may not pay the money we owe you and it’s YOUR fault!
Turkey is in trouble economically as it’s currency, the Turkish Lira, plummets in value causing massive internal inflation as the prices of raw materials, energy, and of course food and gasoline skyrocket. A plummeting Lira means more than just higher and higher prices for the populace, it means more Lira are needed to pay back International Loans denominated in US Dollars. The Lira dropped almost 20% Friday August 10th; Turkey owes $240 Billion US Dollars.
The decline of the Turkish Lira makes repayment more and more difficult. The US Dollar exchange reached a high of 6.43 Lira to the dollar; a loss of 40% so far this year. Loan repayment has jumped 40% in just 8 months!!!! The Turkish Sovereign 10 year bond has hit a record of 20.67% from 11.5% in January.
Rising rates are a direct indicator of Market Risk. Mr. Market is stating Turkey will struggle to pay it’s Debt. These loans are never repaid, just rolled over; 20%+ is definitely a danger zone! Turkey has defaulted and not paid it’s debt 5 times in the last 100 years. A Turkish default will rock the Global Economy and hit the European Banks particularly hard. Italian Banks have been in the news recently and not in a good way; 20% are reported to be struggling with solvency. Deutsche Bank of Germany has recently closed offices and furloughed 10,000 employees; none can easily afford Sovereign Debt losses. These are Systemically Important Financial Institutions! A Turkish default or even the thought of a default should send shivers down your spine.
An authoritative ruler who has replaced the head of the Central Bank with his son-in-law, who is threatening neighboring nations, who is threatening the US, who has a crumbling domestic economy that is heavily debt ridden may be looking for an excuse to blame others and not repay those that have wronged him. You do not talk nice enough and do not give us enough respect; you are so mean to us! We may not pay the money we owe you and it’s YOUR fault! Pay attention! Everything is connected. Turmoil will cause the US Dollar to get stronger; maybe a lot stronger!
Ezekiel 38:13 Sheba and Dedan and the merchants of Tarshish with all its villages will say to you, ‘Have you 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?
Turkey’s economy is struggling for the reasons stated above. Sanctions against Iran are taking their toll on their economy. The Iranian currency continues to get pummeled against the US dollar. American economic sanctions against Russia are taking a bite out of their economy.
Ezekiel says Russia and its cohorts invade Israel for economic reason. Five times in Ezekiel 38:13, verbs of the verse indicate taking goods from Israel.
‘Have you 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?
With struggling economies of the modern day countries involved, Ezekiel’s prophecy is making more sense every day…
ISIS and Al Qaeda have agreed to play nice and stop fighting each other, allegedly. Both parties want to take out the President Assad of Syria. Both parties want control of Syria and specifically Damascus. They have agreed in part to unite against their enemies. That would also include the United States and Israel.
If one does not think ISIS is serious about Damascus, consider this. ISIS has announced they are going to start minting coins of gold, silver, and copper. The coins worth will be backed by the physical properties of the coin itself. Their money will be actually worth something other than the good word of any particular government.
Granted, they have to accumulate the precious metals for this undertaking. The plan is to have seven different coins. One of the gold coins implies world domination. One of the silver coins has the white minaret of Damascus. See the link below for the design of the coins.
Remember, there is an end times figure the Bible refers to as the Assyrian. He launches an invasion of Israel from the north in Damascus. Isaiah 10:28-32 describes an invasion of Judah from the north to the south. These verses describe the Assyrian advance toward Jerusalem. All the cities named are within a three-hour march of Jerusalem (Ryrie Study Notes). He is stopped short and north of Jerusalem.
Isaiah 10:28-32He has come against Aiath, he has passed through Migron; at Michmash he deposited his baggage. They have gone through the pass, saying, “Geba will be our lodging place.” Ramah is terrified, and Gibeah of Saul has fled away. Cry aloud with your voice, O daughter of Gallim! Pay attention, Laishah and wretched Anathoth! Madmenah has fled. The inhabitants of Gebim have sought refuge. Yet today he will halt at Nob; He shakes his fist at the mountain of the daughter of Zion, the hill of Jerusalem.
