Archive for Gomer

Will Turkey Align with Russia?

Posted in Ezekiel 38-39, Michael Douville, Prophecy, Trend Update with tags , , , , , , , , , , , , , , , , , on September 10, 2018 by paulthepoke

Featuring: Michael Douville, Paul Lehr

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.

https://godinanutshell.com/2017/08/08/ezekiel-38-who-are-meshech-tubal-gomer-beth-togarmah/

For evidence pointing to modern day Russia, see the link below.

https://godinanutshell.com/2017/08/04/ezekiel-38-who-is-magog/

Modern day, 21st century Russians refer to themselves as the ancient Scythians or Magogians. See the link below.

https://paulthepoke.com/2017/08/23/trend-update-putin-netanyahu-meet-in-sochi-russia-august-2017/

https://michaeldouville.com

No Presidential Decree from Turkey’s de facto ruler will stop the Lira’s decline against the US Dollar.

Nations are no different than Families; each has a credit line. Using credit to enjoy today is always at the expense of tomorrow; maybe at the expense of a lot of tomorrows.

The US Dollar is cycling higher as uncertainty in Financial Markets starts to spread; just Capital looking for Safety! The easy credit and absurdly low interest rates of the last decade have encouraged gorging on Debt across the Villages, Hamlets, Towns, Cities, and Nations of the World. The Joy of Financed Prosperity is ending and the Day of Judgment is coming as the servicing of the Debt now is impeding Prosperity and the Creditors are looking for re-payment. Emerging Markets rely heavily on Debt to finance schools, airports, roads, water sanitation and all of the infrastructure already in place in modern countries. Further, Emerging Markets rely heavily on Foreign Investments for Capital to build retail, restaurants and housing. When local currencies start to decline against the benchmarks such as the US Dollar, these pools of Capital start to leave causing a liquidity problem for local governments and eventually a loss in confidence which can quickly and adversely affect exchange rates. Capital in Argentina, Brazil, India, Greece, Macedonia, Poland and of course Turkey is fleeing to the Safety of the US Dollar and their currency’s purchasing power is declining. Once started, it is very difficult to stop: even Presidential decrees do not work.

                                  JP Morgan Emerging Market Currency Index

Nations are no different than Families; each has a credit line. Using credit to enjoy today is always at the expense of tomorrow; maybe at the expense of a lot of tomorrows. Eventually the credit line is completely spent; maybe an extension or two will postpone the inevitable. However, just as Families, nations can only service so much Debt and then something has to change. Families can declare Bankruptcy or allow a Foreclosure. Nations DEFAULT!!

Before a Nation Defaults, plans must be made for the continuation of the Government and essential services. This is done by securing funding from other sources; sources that previously would not even be considered; desperation changes things! Turkey is running out of Credit! Turkey will not accept constraints imposed by the IMF or creditor Banks and has received an emergency $15 Billion from Qatar.  The Debt must be addressed while the Turkish economy and currency is quickly declining creating a very difficult situation.  Overtures to Russia and China for funding will be a game changer. If the future funding requirements can be obtained, Turkey will be able to default on it’s Debt; geopolitics are also economic realities. Capital is fleeing now, time is short.

Prepare for Turmoil, but also prepare for opportunity! Defaults in Emerging Markets would impact Stocks and Bonds across the Globe.  Reduce or eliminate debt, create personal reserves, stockpile needed medicine, store extra food and water, and keep personal cash handy. The Financial Asset Cycle is ending and Real Assets will rise. Natural Resources, Agriculture, Mining and Minerals, Lumber, Copper, Oil, Aluminum, and most if not all of the basic materials should rise as currencies decline. Things should be accumulate; very conservative Real Estate such as rental houses should do well. It is time to prepare, time to change,  time to prepare for the next opportunity.

 

Currently, American economic sanctions and a strong US dollar are crippling the currencies of Russia, Turkey, and Iran. All of these countries are feeling an economic, monetary squeeze. Ultimately, the reason for the invasion of Israel from the north appears to be economic. Israel is a prosperous country.

Ezekiel 38:13 Sheba and Dedan and the merchants of Tarshish and all its leaders will say to you, ‘Have you come to seize spoil? Have you assembled your hosts to carry off plunder, to carry away silver and gold, to take away livestock and goods, to seize great spoil?’

Is now this time? It is looking like it more and more with each passing day. But, that remains to be seen. Will Turkey Align with Russia? God’s prophet Ezekiel says emphatically “Yes”!

 

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Turkish Lira Still Falling: Trouble Ahead!

Posted in Ezekiel 38-39, Michael Douville, Prophecy, Trend Update with tags , , , , , , , , , , , on September 3, 2018 by paulthepoke

Featuring: Michael Douville, Paul Lehr

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.

https://godinanutshell.com/2017/08/08/ezekiel-38-who-are-meshech-tubal-gomer-beth-togarmah/

TurkeyTrouble

https://michaeldouville.com

Michael Douville is a syndicated writer for the Wall St. Greek.

Capital is the Life Blood of Business. When Credit is readily available, expansion of existing facilities to increase production becomes possible. With new production, employment expands, a ripple effect and a virtuous spiral starts spreading throughout the Economy. Optimism and Hope prevails as the outlook for the future brightens! Hope and Optimism are being crushed in Turkey!

Monday August 27, 2018, Turkey’s 10 year Bond closed over 21%.  These rates spell doom for the Turkey.

Commercial debt in Turkey is estimated as $330 Billion US Dollars; Us Dollars have become a very precious commodity. The Turkish Lira has been declining for several years, but the US Dollar index DXY seems to have stopped declining and bottomed at 88.5 in February of this year and has been flirting with 97 just 6 months later; a technical target of 103.8 has been suggested by several analysts. The strategy of borrowing in a declining currency and gambling that the decline will hold until time for  repayment has backfired on all of the Emerging Market debtors; Turkey has also lost that bet!  Not only has the Turkish Currency declined, economic conditions have deteriorated swiftly causing a lack of confidence which then results in a Credit Risk Premium for new debt.

The unfortunate reality is Corporate and Sovereign Debt is never retired, just Refinanced; this negative loop has driven rates higher, unsustainably higher.  Monday August 27, 2018, Turkey’s 10 year Bond closed over 21%.  These rates spell doom for the Turkey.

Business will certainly suffer as Credit becomes illusive.  Employment will suffer and Optimism will die. Compounding the loss of credit is the Currency Inflation that will transform any imported Goods or Services such as Oil, electrical and machinery spare parts, medicine, iron and steel plastics, fertilizer, and many industrial components into extremely expensive items; the Turkish Lira has lost 40% this year alone. This currency inflation will affect the populace as the Currency Inflation devastates their buying power. If shoes and jeans, bread and butter, antibiotics and insulin become HYPER EXPENSIVE, expect civil unrest!

 

Turkey has the real possibility of defaulting on it’s debt! Planned, intentional? Probably not! It really does not matter.  Turkey will look for new allies to extend crucial new credit such as Russia and China. New Business allies often become new military allies; overtures to other previously unthinkable Middle East nations such as Iran become thinkable.  Turmoil may be on the Horizon.

Learn the lessons from Turkey! Debt eventually overwhelms everyone and everything! Inflation, even currency inflation, raises the price of real things. Therefore, invest in REAL things, get out of personal debt,  use investment debt judiciously and preferably use a fixed rate. Review your reserves and stockpile things that might become difficult to buy if Turmoil comes to our shores! Maintain and extend cash levels to weather an extended storm!

https://paulthepoke.com/2018/08/13/turkey-sovereign-systemic-trouble/

https://michaeldouville.com

 

Turkey: Sovereign Systemic Trouble?

Posted in Ezekiel 38-39, Prophecy, Trend Update with tags , , , , , , , , , , on August 13, 2018 by paulthepoke

Featuring: Michael Douville, Paul Lehr

https://michaeldouville.com

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.

https://godinanutshell.com/2017/08/08/ezekiel-38-who-are-meshech-tubal-gomer-beth-togarmah/

 

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…

https://michaeldouville.com

 

Russia, Turkey, & Iran Continue South Towards Israel, August 2018

Posted in Ezekiel 38-39, Persia/Elam/Iran, Prophecy, Trend Update with tags , , , , , , , , on August 2, 2018 by paulthepoke

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.

See the video link below for geography and analysis.

 

 

Magog was a son of Japheth. Genesis 10:2 The sons of Japheth were Gomer and Magog and Madai and Javan and Tubal and Meshech and Tiras. Japheth was the son of Noah. The sons of Japheth were born after the flood (Genesis 10:1).

The Bible and historians are consistent. Magog is modern day Russia. The brothers of Magog (Meshech, Gomer, and Tubal) appear to point to modern day Turkey.

Ezekiel 38:5 Persia, Ethiopia and Put with them, all of them with shield and helmet…

Russia will be joined by several countries with their future invasion of Israel (Ezekiel 38-39). Another of those countries is Persia. This is modern day Iran. The country was known as Persia until the name change in the 20th century.

Magogs Invasion

For more detail regarding these ancient peoples and their modern-day counterparts, click on the links below.

https://godinanutshell.com/2017/08/04/ezekiel-38-who-is-magog/

https://godinanutshell.com/2017/08/08/ezekiel-38-who-are-meshech-tubal-gomer-beth-togarmah/

https://godinanutshell.com/2017/08/17/ezekiel-38-who-is-persia/

Rouhani Putin Erdogan

August 2, 2018: Russia, Turkey, and Iran continue to move south towards Israel as promised by the prophet Ezekiel.

 

 

Turkey Debt Problems

Posted in Ezekiel 38-39, Michael Douville, Prophecy, Trend Update with tags , , , , , , on July 23, 2018 by paulthepoke

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.

 

Featuring Michael Douville

Turkey’s debt is getting worse. Click on the video link below for the report on Turkey’s rising interest rates and growing debt. How will this affect global economics? Will it impact the United States? Will it affect your pocket book?

 

Magog was a son of Japheth. Genesis 10:2 The sons of Japheth were Gomer and Magog and Madai and Javan and Tubal and Meshech and Tiras. Japheth was the son of Noah. The sons of Japheth were born after the flood (Genesis 10:1).

The Bible and ancient historians point to the fact the land of Magog is modern day Russia. See attached post.

https://paulthepoke.com/2015/01/07/trend-update-russia-magogisrael-ezekiel-38-39-january-2015/

But what about the brothers of Magog? They include Gomer, Meshech, and Tubal.

Gomer means “complete”. Historians through the ages debate whether they lived north or south of the Black Sea. North of the Black Sea is modern day Russia. South of the Black Sea is modern day Turkey.

Meshech means “drawing out”; a people on the borders of Colchis (the land area east of the Black Sea). Armenia is effectively modern day eastern Turkey. Today, the region of Meshech is modern day Turkey, Russia, and Georgia.

Tubal means “thou shall be brought”; a region in east Asia Minor (modern day Eastern Turkey).

Beth Togarmah: Beth is Hebrew for house. Togarmah means “thou will break her”.  People consider this to be Armenia. At its peak, the Armenian Empire was from modern day Syria on the Mediterranean Sea to south of the Black Sea and east to the Caspian Sea. Historically, Turkey is also known as the House of Togarmah.

Definitions are from Strong’s Concordance. Historical evidence from Google images, Wikipedia.

The brothers of Magog (Meshech, Gomer, and Tubal) appear to point to modern day Turkey.

Russia will be joined by several countries in their future invasion of Israel (Ezekiel 38-39). One of those countries is modern day Turkey.

 

michael@michaeldouville.com

https://michaeldouville.com/

Trend Update: Recep Erdogan Wins Re-Election in Turkey, June 2018

Posted in Ezekiel 38-39, Prophecy, Trend Update with tags , , , , , , , on June 27, 2018 by paulthepoke

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.

https://godinanutshell.com/2017/08/04/ezekiel-38-who-is-magog/

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.

According to the prophet Ezekiel, Russia will be joined by several countries in their future invasion of Israel. One of those countries is modern day Turkey. Scripture says Turkey is a player in the Ezekiel 38-39 scenario, the Gog and Magog War and invasion of Israel. The brothers of Magog (Meshech, Tubal, Gomer and his son Togarmah) appear to point to modern day Turkey.

https://godinanutshell.com/2017/08/08/ezekiel-38-who-are-meshech-tubal-gomer-beth-togarmah/

See the video link below for additional analysis.

erdogan 4
photo: Bloomberg

June 25, 2018: Turkey’s Recep Erdogan was re elected to four more years as President. This should come as no surprise. Erdogan called for the elections a couple of months ago. He was not calling for an election and expecting to lose. As a result of the victory, Erdogan’s power has broadened and increased. The president declared the big winner was the people of Turkey.

 

Recep Erdogan will be in power four more years until 2022 without further elections. Erdogan now has the authority to do away with the position of Prime Minister. He can dissolve parliament if needed. The president can make changes at the central bank and affect economic policy. He controls the political party’s bloc in parliament. Erdogan effectively can not be prosecuted. The opposing party has essentially no path to impeachment.

https://www.haaretz.com/middle-east-news/turkey/turkey-elections-erdogan-s-win-paves-the-road-toward-autocracy-1.6202003

Russian President Vladimir Putin congratulated Erdogan on his victory.

“The head of the Russian state stressed that the outcome of the vote fully confirms Erdogan’s great political authority, broad support of the course pursued under his leadership towards solving vital social and economic tasks facing Turkey, and enhancing the country’s foreign policy positions.”

“The Russian president confirmed readiness to continue substantive dialogue, close joint work on a bilateral, regional and international agenda, stressing that no doubt, this meets vital interests of the Russian and Turkish people, and is in line with maintaining peace, stability and security on the Eurasian continent.”

http://tass.com/world/1010842

putin erdogan

Photo Credit: via protothema.gr

Russia and Turkey are drawing closer together… just like Ezekiel said they would.

 

 

Trend Update: Turkey Takes Kurds in Afrin & Putin is Re Elected, March 2018

Posted in Ezekiel 38-39, Kurds/Medes, Prophecy, Trend Update with tags , , , , , , , , , , , , , on March 21, 2018 by paulthepoke

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.

For information linking modern day Turkey to ancient Meshech, Tubal, Beth-Togarmah, and Gomer, see the link below.

https://godinanutshell.com/2017/08/08/ezekiel-38-who-are-meshech-tubal-gomer-beth-togarmah/

Turkey’s President Recep Erdogan has never liked the idea of the Kurdish people. He considers them to be terrorists. He vows to take out the “terrorist corridor” along Turkey’s southern border.

See video link below for geography and analysis.

With Operation Euphrates Shield, Turkey crossed the Syrian border and drove a wedge in the area occupied by the Kurds. The plan to remove the Kurds from the region west of the Euphrates River began in earnest in the summer of 2017.

https://paulthepoke.com/2017/07/04/trend-update-kurds-squeezed-in-northwest-syria-july-2017/

Operation Olive Branch was launched in February 2018. In a little over one month, the Turks now control northwest Syria and the Kurdish stronghold area of Afrin. Remember, this is happening in the country of Syria.

“The symbols of peace and security now wave in Afrin’s city center, not the rags of the terrorist organization. Most of the terrorists tucked their tails between their legs and fled. Our special units and members of the Free Syrian Army are cleaning up the remains of the sword and the traps they left behind.”

“We will now add the full stop, God willing … We will now continue to Manbij, Ain el-Arab, Tal Abyad Ras al-Ain and Qamishli until the terrorist corridor is gone.” -Turkish President Recep Erdogan

Recep Erdogan has every intention of going all the way east into Iraq.

http://www.al-monitor.com/pulse/originals/2018/03/erdogan-vows-continue-fight-after-afrin.html#ixzz5AJszhiey

 

Ezekiel 38:2 “Son of man, set your face toward Gog of the land of Magog…”

The Bible and historians are consistent. Magog is modern day Russia. For content linking ancient Magog to modern day Russia, clink the link below.

https://godinanutshell.com/2017/08/04/ezekiel-38-who-is-magog/

Vladimir Putin was recently reelected to serve again as Russian president. Putin garnered 76% of the vote. His closest rival Alexei Navalny was barred from participating due to alleged embezzlement charges. Also, it should be noted that alleged voter irregularities will be fully investigated.

“The percentage that we have just seen speaks for itself. It’s a mandate which Putin needs for future decisions, and he has a lot of them to make,” Putin Spokesman.

http://www.bbc.com/news/world-europe-43452449

Russia continues to pour military resources into Syria. Sputnik News out of Russia is quoting Twitter. Here is the quote from the article.

Known as one of the most effective jammers in the world, the Russian helicopter-based radio electronic warfare system Rychag-AV is capable of protecting the entire vehicle by “blinding” all enemy warplanes and missiles within several hundred kilometers.

https://sputniknews.com/military/201803201062718631-syria-russian-helicopter-rychag-jammer/

 

With Erdogan’s reelection in April of 2017, he potentially can remain in power in Turkey until 2029. Putin’s recent election win allows him a second six-year term to remain in power in Russia until 2024. Putin and Erdogan both have political capital with their recent election wins. They are and will continue to spend their capital.

And the military build continues towards Israel. Fulfilled prophecy awaits.

Ezekiel 39:6 I will send fire on Magog and on those who dwell securely in the coastlands, and they shall know that I am the LORD.

 

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