Archive for oil

Dollar Appreciation Continues… Michael Douville

Posted in #PaulthePoke, Michael Douville, Prophecy with tags , , , , , , , , , on March 23, 2020 by paulthepoke

Proverbs 20:10 Unequal weights and unequal measures are both alike an abomination to the LORD.

Micah 6:10-11 Can I forget any longer the treasures of wickedness in the house of the wicked, and the scant measure that is accursed? Shall I acquit the man with wicked scales and with a bag of deceitful weights?

Michael

All currencies are not created equal. Values of currencies change. God is not a fan of currency manipulation. Global markets and governments manipulate currencies on a daily basis. Imagine that, humanity outside of God’s economic laws…

The end result of currency changes can be dramatic. Michael explains the consequences of a rising dollar and what it means to global economics.

Michael has been talking with Technical Analyst Walter Zimmerman. He has target prices of the DXY (US Dollar) at 103.00. In an extreme case, Zimmerman has a target of 120.00 for the DXY. The end result would be cheaper prices and deflation in the United States. The rest of the world would pay higher prices and experience inflation. The US dollar is currently the global reserve currency.

Oil prices could drop as low as $15 per barrel in extreme cases. Michael Douville comments if we hit 120.00 on the DXY, oil could be roughly $5 per barrel. Recently, the DXY touched 102.82 and closed today at 102.10.

Global debt is financed in dollars. At some point, the bill comes due for borrowing money…

These are interesting times and it pays to be informed and prepared. Have a plan. Talk with your financial adviser.

For Michael’s timely comments, see the link below.

michael@michaeldouville.com
https://michaeldouville.com/

It would appear the current trend of a strong dollar continues as the world struggles with COVID-19 coronavirus…

Michael Douville is a Syndicated Columnist.

Library of videos and articles: www.michaeldouville.com

Saudi Princes Arrested, March 2020

Posted in #PaulthePoke, Prophecy, Saudi Arabia/Sheba/Dedan, Trend Update with tags , , , , , , , , , , , on March 8, 2020 by paulthepoke

The winds of change may be blowing in Saudi Arabia. The Crown Prince Mohammed bin Salman is arresting his relatives. Prince Ahmed; his son Prince Nayef bin Ahmed bin Abdulaziz, Head of Land Forces Intelligence and Security Authority; the former Crown Prince Mohammed bin Nayef; and his half brother Nawaf have been accused of attempting a coup… allegedly.

And the list is growing. The latest out of Saudi Arabia indicates at least 20 have been detained.

https://www.middleeasteye.net/news/exclusive-least-20-princes-detained-mass-purge-saudi-crown-prince

The move coincides with a failed OPEC meeting where member nations failed to agree on oil production cuts. The result was 10% drop in oil prices. Brent crude settled at $45.18 a barrel. Oil revenues are the heart beat of the Saudi economy. Revenue created from the sale of oil provides stipends and services to Saudi citizens.

Mecca-Empty

The Saudis have recently re opened the holy sites in Mecca and Medina amid concerns of the coronavirus, COVID 19. The Saudi kingdom had requested pilgrims to not come visit at this time. Now, visitors must wait 14 days of screening before being allowed to enter Saudi Arabia. As of the writing of this post, Saudi Arabia has 5 documented cases of COVID 19.

https://gulfnews.com/world/mena/saudi-arabia-reopens-mecca-madinah-holy-sites-after-coronavirus-closure-1.1583478146413

The internet and social media rumor mill are running wild about the health and well being of King Salman. There are multiple unconfirmed reports the king has died.

Stay tuned…

Sheba and Dedan are first mentioned in Genesis 10.

Genesis 10:7 The sons of Cush were Seba and Havilah and Sabtah and Raamah and Sabteca; and the sons of Raamah were Sheba and Dedan.

Seba-Dedan2

The family tree starts with Noah, then his son Ham, then his son Cush, then his son Raamah and his sons Sheba and Dedan.

Historically, per Strong’s Concordance and NET Bible, Raamah settled in the southwest of the Arabian Peninsula. Sheba settled in the southern Arabian Peninsula. Dedan settled in the northern Arabian Peninsula. These areas make up what is modern day Saudi Arabia.

Dedan was an ancient capital of Saudi Arabia. It is modern day Al Ula in northwest Saudi Arabia.

Natural Gas Find Off the Coast of Israel, November 2019

Posted in #PaulthePoke, Ezekiel 38-39, Prophecy, Trend Update with tags , , , , , on November 5, 2019 by paulthepoke

Ezekiel 38:12 to capture spoil and to seize plunder, to turn your hand against the waste places which are now inhabited, and against the people who are gathered from the nations, who have acquired cattle and goods, who live at the center of the world.

to capture spoil and to seize plunder… Here are the intentions of Gog, the leader of Magog (Russia). The Russians, along with the Turks and Iranians are planning to invade and attempt to steal natural resources from Israel. This is what Ezekiel is saying from roughly 2,600 years ago.

For more linking Magog to modern day Russia, see the link below. https://godinanutshell.com/2017/08/04/ezekiel-38-who-is-magog/

November 2019: The British and Greek energy company Energean has made a significant oil and natural gas find off of the coast of Israel. 25 billion cubic meters (bcm) of natural gas and 34 million barrels of light oil has been confirmed.

These amounts will be in addition to the initial discoveries of 68 bcm of natural gas and 33 million barrels of light oil.

“This is an excellent result from the Karish North appraisal sidetrack, confirming in place volumes in the top half of pre-drill estimates and increasing our recoverable volumes in Israel by 0.9 Tcf (25 BCM) of gas plus 34 million barrels of light oil or condensate. Today’s news delivers upon another commitment that we had made to our shareholders and the successful results allow us to continue our gas marketing efforts in the region with a goal to fully utilize the capacity of our 8 BCMA FPSO. Our focus now remains on closing the Edison E&P acquisition, in parallel with progressing Karish development. ” -Mathios Rigas, Chief Executive, Energean

For a complete look at the Energean appraisal, click on the link below. https://www.energean.com/media/3527/20191104-successful-karish-north-appraisal.pdf

These finds are in addition to two tremendous areas of natural gas. The Leviathan oil and gas basin in the Mediterranean Sea is believed to hold 1.7 billion barrels of oil. The basin also holds an estimated 122 trillion cubic feet of natural gas (Noble Energy, U.S. Geological Survey). A second oil and natural gas basin is the Tamar. It is estimated to hold 7.9 trillion cubic feet of natural gas (Noble Energy).

Israel is looking to export their natural resources to western Europe. These exports will cut into the bottom lines of Russia and Turkey. More bait for a future invasion of Israel. At some point in the future, Russia and its allies will invade Israel for their “great spoil”. They have economic motivation and reason to invade.

Proceed with Caution

Posted in Michael Douville, Trend Update with tags , , , , , on December 5, 2018 by paulthepoke

1 Chronicles 12:32a And of the sons of Issachar, having understanding of the times, to know what Israel should do.

There is an ongoing Housing Correction, a Global Slowdown and Turmoil in Iran, Russia and Turkey. Understanding these dynamics will help you navigate the future and not only survive but prosper.

Michael released this video about a month ago. Since then, oil has dropped to $53 per barrel. Housing starts continue to decline. The Dow Jones Industrial Index dropped close to 800 points at its last close.

Know the times we are living. Have an understanding. Have a plan. Know what to do.

Click the video link below for Michael’s 3 minute broadcast.

 

https://michaeldouville.com/

 

 

Russia Increases Presence in Libya, October 2018

Posted in Ezekiel 38-39, Prophecy, Trend Update with tags , , , , , , , on October 16, 2018 by paulthepoke

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

Genesis 10:6 The sons of Ham were Cush and Mizraim and Put and Canaan.

These are Noah’s grandchildren. The sons of Ham by and large settled in Africa.

Put or Phut means “a bow”; a nation and people of northern Africa; probably Libyans. –Strong’s Concordance. Consensus among researchers and scholars is Put is modern day Libya.

Historical Put or modern day Libya is a country that will join Russia and others in their future invasion of Israel.

October 2018: Russia is adding military hardware and troops into Libya. The build appears to have started in March 2017.

https://paulthepoke.com/2017/03/20/trend-update-russian-special-forces-in-libya-march-2017/

Libya Daily Mail

Image: Daily Mail

Russia has built military bases in the Mediterranean port cities of Benghazi and Tobruk.

Russian Kalibr anti-ship missiles and the S-300 missile defense system are reported to be in Libya. Russian military equipment and military vehicles bound for Libya have been intercepted by Tunisia earlier in the year.

Libya Oil

Libya has the largest oil reserves in Africa. As of now, production is approximately 700,000 barrels per day. With political stability and safety, production could increase to 2,500,000 barrels per day. President Vladimir Putin’s Russia clearly wants a piece of the growing pie.

There is money to be made in other areas of the Libyan economy. The country has a rebuild coming from all the destruction of civil war. Putin wants to re-establish a railway contract and military arms deals.

Libya is also the main gateway to Europe for African immigrants. Six billion pounds a year are made in trading humans across the Mediterranean Sea. Italy is less than 300 miles away. Vladimir Putin looks to control the flow of immigration as a political tool against Europe.

For more detail and analysis, see the link below.

https://www.dailymail.co.uk/debate/article-6273681/Putins-taking-Libya-order-point-new-weapon-West-writes-MICHAEL-BURLEIGH.html

Billions upon billions of dollars are on the table. Russia and Libya are drawing closer just like the prophet Ezekiel said…

 

Dollar Rising, Michael Douville

Posted in Michael Douville with tags , , , , , , , , on June 21, 2018 by paulthepoke

Proverbs 20:10 Unequal weights and unequal measures are both alike an abomination to the LORD.

Micah 6:10-11 Can I forget any longer the treasures of wickedness in the house of the wicked, and the scant measure that is accursed? Shall I acquit the man with wicked scales and with a bag of deceitful weights?

Michael

All currencies are not created equal. Values of currencies change. God is not a fan of currency manipulation. Imagine that, humanity outside of God’s economic laws…

The end result of currency changes can be dramatic. Michael explains the consequences of a rising dollar and what it means to global economics.

Understand the times we are in. Currently, soft commodities (grains such as barley and wheat) are relatively cheap. These times will not last forever. Make plans now while goods are inexpensive. Understand where we are going. Have a plan.

The dollar is rising causing Systemically Important Financial (SIFI) to Plummet.

 

michael@michaeldouville.com

https://michaeldouville.com/

Trend Update: Israel & Egypt Ink Gas Deal, February 2018

Posted in Ezekiel 38-39, Prophecy, Trend Update with tags , , , , , , , , , , , , on February 22, 2018 by paulthepoke

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?’

See the video link below for additional analysis and geography.

Oil and natural gas will be serious bait for the Russian invasion of Israel. At some point in the future, Russia and its allies will invade Israel for their “great spoil”.

For details linking modern day Russia to ancient Magog. See the link below.

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

 

Full disclosure, the author of this article is a shareholder in Zion Oil & Gas (ZN); listed on NASDAQ Exchange.

February 14, 2018: Zion Oil & Gas has discovered oil and natural gas in the Megiddo-Jezreel Valley.

“I am ecstatic to see clear evidence of hydrocarbons (oil and gas) in the deeper portion of our Megiddo-Jezreel #1 well, a project that we have been working on for years. However, at this time we cannot comment on the commerciality or ability to successfully produce the well. We ask that our shareholders continue to pray for safe and successful drilling, logging, and testing operations, and for God’s wisdom for management as we make key decisions in the following days and weeks. Please be patient. We will provide further updates after we have adequate time to properly evaluate the logs and finalize our well testing program following the recent events.” Zion’s CEO, Victor G. Carrillo

http://www.worldoil.com/news/2018/2/14/zion-oil-gas-encounters-oil-onshore-israel

This is the location John discusses at the outset of the bowl judgments in Revelation.

Revelation 16:16 And they assembled them at the place that in Hebrew is called Armageddon.

 

February 19, 2018: Prime Minister Benjamin Netanyahu of Israel announces a $15 billion deal to export natural gas to Egypt. See the link below for a video statement from the Prime Minister.

Noble Energy and Delek Drilling are the benefactors of the deal. They will be selling natural gas to Dolphinus Holdings of Egypt. The natural gas is coming from the Leviathan and Tamar natural gas fields off the coast of Israel in the Mediterranean Sea. 64 billion cubic meters of natural gas are expected to be exported over 10 years.

Egypt has the ability to liquefy the natural gas and transport around the world. Those liquefication plants are owned by Royal Dutch Shell. Egypt announced the deal to their public as a nameless partner.

Security of pipelines and distribution will be a factor. Historically, ISIS has vandalized pipelines in the region of the Sinai Desert.

https://www.bloomberg.com/news/articles/2018-02-19/noble-delek-sign-15-billion-deal-to-export-israel-gas-to-egypt

 

Rapture compressedhttps://www.smashwords.com/books/view/731160

Available in ebook and paperback at Amazon.com

https://www.amazon.com/s/ref=nb_sb_noss_2?url=search-alias%3Daps&field-keywords=Rapture+Bride+Redeemed

Also available online at Barnes & Noble, iBooks, Kobo, and Inktera

PaulthePoke

Prophecy Watch & Bible Study

%d bloggers like this: