Jan 27, 2009
Notice:
There are several music beds in this podcast.
The podcast is NOT over just because you hear music.
It is not over until Mrs. bin Laden sings.
DESCRIPTION:
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
(WITH SUGGESTIONS FOR INVESTMENTS)
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.
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.
The USA uses 25% of the world's oil but only has 2% of the known
reserves. We have for years helped Saudi Arabia with military
protection in exchange for oil. When the Wahhabi - Islamic
fundamentalist movement overthrows the Saudi hierarchy, then the
world scene will change.
Today there
are about 58 countries that are producing LESS oil today than they
have in the past.
MUSIC
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.
“He that hath pity upon the poor lendeth unto the LORD; and that which he hath given will He pay him again.” (Proverb 19:17)
“Honour the LORD with thy substance, and with the firstfruits of all thine increase: So shall thy barns be filled with plenty, and thy presses shall burst out with new wine.” (Proverb 3:9-10)
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:
War; or,
Long and sustained tax cuts.
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).
MUSIC
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.
CAUTION:
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.
MUSIC
Today, in
addition to disease and famine issues, the leaders of the dominant
nations are concerned with three (3) primary
factors:
Attaining peace among nations and ethnic groups;
Guaranteeing the flow of oil; and,
Stopping terrorism and conflict in the Middle East (especially between Israel and the Palestinians).
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.
Your
friend,
Prince Handley
Baruch haba b’Shem
Adonai.
MUSIC
Podcast time: 15 minutes, 16 seconds (with music)
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