Mon, 26 January 2009
APOSTLE TALK - Future News Now!
with Prince Handley
THE ECONOMY: HOW TO SURVIVE UNTIL 2015
(WITH SUGGESTIONS FOR INVESTMENTS)
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How to survive the next seven years and beyond. The year 2009 will appear to have everything in good shape; but then, in 2010, a great economic downturn. After that, a second factor – ENERGY – reshapes the landscape which later will bring about a total economic collapse.
THE ECONOMY: HOW TO SURVIVE UNTIL 2015
MUSIC / INTRO
I want to talk to you today about the future outlook of the economy.
First I will discuss the short term economic outlook, then the medium term outlook.
I will discuss different aspects of the economy: where we are at and where we are going.
Then, I will discuss the more important spiritual aspects: how it will affect you and what to do.
On Tuesday, November 25, 2008, I shared the following information (plus more) with you on The Podcast Satellite VOICE of ISRAEL Podcast, all of which has come to pass.
Here is part of what I covered in that podcast titled, “WHAT IS HAPPENING NOW IN THE ECONOMY” (from Tuesday, Nov 25, 2008):
The USA is on a crash course for collision. The recent bailouts of financial and credit institutions by the United States government are only slowing down the ultimate collision. These bailouts are analogous to foam sprayed on airport runways to enable aircraft to crash land with minimal damage. There is, however, one BIG difference. The landing will NOT be easy; there will be a collision. The bailouts are only serving TWO (2) purposes:
Slowing down – delaying – the crash.
Deflation may happen before rampant inflation again … or even stag-flation (rising prices with reduction in production).
Banks will probably cut interest rates to ZERO (making if FREE to borrow money) in order to curb the economy from sliding into recession. (This came to pass December 16, 2008, seven weeks after I informed you.)
In the USA the government does NOT worry about money for bailouts because the government just borrows it from our children and grandchildren. (To strap future generations with debt from paper money that they did NOT incur is outright thievery.) But the TWO THINGS the government can NOT borrow are TIME and ENERGY!
Because the economies of the major producers in the world are inextricably connected – at least, at this time – with the US Dollar, all economies of major nations will suffer.
Today there are about 58 countries that are producing LESS oil today than they have in the past.
SHORT TERM ECONOMIC OUTLOOK
This year, 2009, will appear that things are settling out on the economic scene. Hold on!
The market will probably go up again in the next three (3) to (6) months … at the latest, early 2010.
Buy gold and silver to hedge against the US (and other countries) printing currency. Do NOT worry about how much profit you make; your goal is to hedge against severely weakened currency and / or inflation.
You might want to go into commodities like oil and natural gas but NOT past the period from late 2009 to Mid 2010. Do NOT hold gold or gold stocks past November 2011.
And remember, give to the poor. You can allocate part of your tithe – and all of your offerings – to help those more needy than yourself.
In 2010 things will start to fall apart again.
The Obama stimulus package will NOT be effective past 2009. Real estate may return to the year 2000 levels. Obama will sow "seeds" of socialism and inflation that will -- without a MIRACLE -- wreck the USA financially later, especially for future generations.
Giving out money (economic stimulus packages) has never brought us out of SEVERE economic downturns.
Two (2) things usually get us out of severe economic downturns:
For the next seven (7) years after 2009 you are in for DIFFERENT TIMES. You must pray and ask God to direct your financial activities because things will worsen up eventually.
The housing market will bottom out late 2012 to early 2013. Buy real estate then.
Stocks are down 40% in the USA, 50% in Europe, and 70% in China. If you use gold as a standard, our market is really down 78 percent. (Gold is up over $100 since January 15th – today over $900 an ounce, the highest level in four months due to a weaker dollar.)
I used to market in gold, silver, and precious metals. You need to be aware of the spot price, because commission going in PLUS commission going out PLUS the spread will equal the TOTAL of what you must overcome in order to make a profit. In a highly uptick market of a metal there should be no difficulty doing so. However, for a hedge against weakened (and, printed) currency, your goal is NOT necessarily to make a profit: it is for protection of your assets.
We (the USA) are so far in debt, and keep printing paper money: Bailout 1, Bailout 2, and Bailout 3. Currency can only be inflationary until it DIES. It is inevitable that the US Dollar will die WITHIN THE NEXT 10 YEARS – so will the EURO. Be very careful if you are investing in FOREX trades. Swiss Central banks will undo any caps agains the Euro later -- out of fear -- due to probable printing of money by European Union to "shore up" the devalued Euro. They will follow Obama's method of printing currency and injecting it into the system, therefore making the value of the currency worth less ... like in "worthless."
A NEW currency will evolve eventually – a GLOBAL CURRENCY – with basis on precious metals, commodities, or real estate. Remember, in the natural (not spiritual) realm, land is the basis of all wealth.
We are in Part A of a complete collapse of the ECONOMY.
MEDIUM TERM ECONOMIC OUTLOOK
Part B is the ENERGY CRISIS.
In the early 70's over half the globe essentially didn't use any oil.
The only areas that were major oil consumers were USA, Europe, a little of Japan, Canada, and former Soviet Union. Africa, Middle East, and Asia didn't use any oil. China and India will be the LARGEST consumers of oil in the world. One third of Chinese now have driver's licenses and one out of every 5 believe they will own an automobile in the next five years. (China will be the largest automobile user in the world).
Even if everyone switched to hybrid cars, we would still be facing a MAJOR problem because in 5 to 7 years we would still be consuming the same amount of oil due to economic growth.
It will take 30 to 50 years to develop hydrogen infrastructure technology for automobiles. Ethanol and bio-diesel production would only fill a small portion of what we consume today.
If you want to supply 10 terawatts of energy (which is what we use today) you would have to build 10,000 of the largest nuclear power plants … and if you did that, and used U-235 uranium, the world supply would be exhausted in 10 to 20 years. So, it would only be a "bridge."
Wind energy would only contribute a SMALL FRACTION of our power supply (because of its intermittency and low power density).
Solar energy is the ANSWER, but the big barrier is its cost. But to meet our needs it would take a land area half the size of the state of California USA.
The word wide demand for oil right now is between 25 to 30 BILLION barrels a year … and increasing!
CONCLUSION: We are back to horse and buggy, hanging out laundry, and pumping water by windmills. (Especially IF there is an EMP attack on USA ... or, wherever YOU live.)
Our great-grandchildren will probably never ride in an airplane. Only one-tenth of one percent of the population will be able to afford driving an automobile or flying in an airplane.
It's NOT money that made the world go around in this last century, but cheap energy coming from oil in the ground.
Which is more real: the financial system or the oil in the ground? ANSWER: the oil in the ground. The financial system is based upon petro dollars. This will trigger the NEXT GREAT DEPRESSION … comparable to the Great Depression of 1929 to 1934 … or GREATER. In fact, it may NOT end! WHY? Because this one is imposed by nature, rather than being a speculative bubble.
Even the oil we have available now is hindered by a bottleneck of old infrastructure.
Most large companies tacitly take for granted that there is a cheap supply of energy from oil. However, when that changes, the stock market crashes. The companies are overvalued.
Every day we use two (2) billion more barrels of oil than we produce.
AT THE INTERSECTION WHERE ENERGY IMPACTS THE ECONOMY WE WILL BE AT THE START OF PART B, THE LAST PART OF A COMPLETE ECONOMIC COLLAPSE.
And now, for your APPARENT solution.
This is where the false messiah, the new world leader, steps in: A man of peace and change and great oratory. He will be the greatest enemy the nation of Israel has ever known; and, the greatest enemy YOU have ever known.
When the coming world leader – appointed by the New World Order – takes over, he will make a treaty (a covenant) with Israel for seven years.
Today, in addition to disease and famine issues, the leaders of the dominant nations are concerned with three (3) primary factors:
Then comes the grand scheme: the global ONE WORLD government, money system, and religion. This world leader will make a covenant with Israel for seven years. In exchange for land concessions (remember, land is the basis of all wealth), the false prophet will allow Israel to build her Temple on or near the Temple Mount.
This coming world leader, who rides into office on a platform of peace and change, will be worse than Hitler in Nazi Germany. He will first appear as a man of peace: a messiah with answers for the Middle East and the world situation. But, remember what the Bible warns: “For when they shall say, ‘Peace and safety,’ then sudden destruction will come upon them, as travail upon a woman with child; and they shall not escape.”
The Islamic and Palestinian hatred of Israel will bring pressure upon Israel to sign an accord, the architect of which will be the leader of the EU / Islamic New World Order. He will agree to PROTECT Israel in exchange for their signing this treaty. This accord will be a seven (7) year treaty – a unification document – allowing Israel to build her Temple on or near the Temple Mount in exchange for land and Jerusalem compromises.
This will usher in a time of great persecution for the Jewish People 42 months AFTER the signing of this accord. (See Jeremiah 30:6-7 and Daniel 9:27.) The focus of the new world leader will then turn from protection of Israel - TO - persecution of Israel.
WHAT TO DO?
If you are still here at that time, make sure you KNOW the Messiah of Israel personally: Yeshua ha Meshiach. But, if you do NOT know Him by then, you probably are too late, because the Bible says a strong delusion will be upon those who reject Messiah, and who, for sake of the economy, receive an identification in their right hand or forehead. No one can buy or sell unless they have this I.D. Do NOT take this I.D. It will be a mark, or the name of the new world leader, or the number of his name. With all the tattoos in the world today, this will present NO problem for people. If this I.D.is to be embedded under the skin, that will be no problem either, since by that time most people will be accustomed to RFID: the replacement for UPC (Universal Product Code). They get three choices, according to their personal preference: mark, name of the world leader, or his number.
I trust this information I have shared with you will help you: now and in the future.
Baruch haba b’Shem Adonai.
Podcast time: 15 minutes, 16 seconds (with music)
Prince Handley Ministry Portal: www.princehandley.com