The world has been deceived and will suffer the consequences. It no longer fears God and yet God’s Word tells us: “The beginning of wisdom is to fear God.”
“If you receive my words and treasure up my commandments with you, making your ear attentive to wisdom and inclining your heart to understanding; yes, if you call out for insight and raise your voice for understanding, if you seek it like silver and search for it as for hidden treasures, then you will understand the fear of the Lord and find the knowledge of God. For the Lord gives wisdom; from His mouth comes knowledge and understanding; He stores up sound wisdom for the upright; He is a shield to those who walk in integrity, guarding the paths of justice and watching over the way of His saints.” Proverbs 2:1-8
“Beware that you do not forget the LORD your God by not keeping His commandments, His judgements, and His statutes which I command you today, lest-when you have eaten and are full, and have built beautiful houses and dwell in them, and when your herds and your flocks multiply, and your silver and your gold are multiplied, and all that you have is multiplied; … —then you say in your heart, ‘My power and the might of my hand have gained me this wealth.’ Deuteronomy 8:11-13, 17
“And you shall remember the LORD your God, for it is He who gives you power to get wealth, that He may establish His covenant which He swore to your fathers, as it is this day. Then it shall be, if you by any means forget the LORD your God, and follow other gods, and serve them and worship them, I testify against you this day that you shall surely perish.” Deuteronomy 8: 18-19
Read what God told Israel: “Not because of your righteousness or the uprightness of your heart are you going in to possess their land, but because of the wickedness of these nations the Lord your God is driving them out from before you, and that he may confirm the word that the Lord swore to your fathers, to Abraham, to Isaac, and to Jacob.” Deuteronomy 9:5
Who controls kings: “The king’s heart is in the hand of the LORD, like the rivers of water; He turns it wherever He wishes. Every way of a man is right in his own eyes, but the LORD weighs the hearts.” Proverbs 21:1-2
All will eventually acknowledge the Lord: “All the ends of the world shall remember and turn to the LORD, and all the families of the nations shall worship before You. For the kingdom is the LORD’s, and He rules over the nations.” Psalm 22: 27-28
The Bible makes it very clear that when Jesus returns with the resurrected saints to defeat the Antichrist at the Battle of Armageddon, He will set up His Kingdom in a totally reconstructed Jerusalem.
This commences the Millennial reign of Christ on this earth. He will rule and reign with the resurrected saints, and with a rod of iron, for 1000 years. The Adamic curse has not been lifted so people will die, although they will live longer. People will still have to accept Jesus as their Lord and Saviour, just as we do now, in order to receive eternal life. Also, we know that Satan is released at the end of the Millennium and is still able to raise an enormous army to come up against Jesus.
“And when the thousand years are ended, Satan will be released from his prison and will come out to deceive the nations that are at the four corners of the earth, Gog and Magog, to gather them for battle; their number is like the sand of the sea. And they marched up over the broad plain of the earth and surrounded the camp of the saints and the beloved city, but fire came down from heaven and consumed them, and the devil who had deceived them was thrown into the lake of fire and sulphur where the beast and the false prophet were, and they will be tormented day and night forever and ever.” Revelation 20:7-10
The video below is instructive and inspirational but it has one major error. The new heaven and the new earth which only the saints inherit is created by God after this earth has been consumed by fire and the White Throne Judgement.
“Then I saw a new heaven and a new earth, for the first heaven and the first earth had passed away, and the sea was no more. And I saw the holy city, new Jerusalem, coming down out of heaven from God, prepared as a bride adorned for her husband. And I heard a loud voice from the throne saying, “Behold, the dwelling place of God is with man. He will dwell with them, and they will be his people, and God himself will be with them as their God. He will wipe away every tear from their eyes, and death shall be no more, neither shall there be mourning, nor crying, nor pain anymore, for the former things have passed away.”Revelation 21:1-4
Nevertheless, Ezekiel’s 48 description of the Millennial Kingdom is correct and as I said before is inspirational as well as instructive. Well worth the time and effort.
With all the problems in the world, it’s good to know there are still Christians showing Jesus’ love with simple acts of kindness.
Steve Strang CEO of CHARISMA in his podcast today, interviews Convoy of Hope president and CEO Hal Donaldson. He shares how his organisation has stepped up during the pandemic to distribute more than 10 million meals to families who lost access to food and school lunch programs.
Steve states that he has known Hal since the early 1980’s, since Hal was a beginning journalist and Steve was working to get Charisma off the ground. Steve says, “It’s been great to see Hal develop as a leader over the years. The pivotal moment of his life came when he was given the opportunity to interview Mother Teresa in India, and she asked him what he was doing to help the poor. Her question shook him to the core, and he rose to the challenge it posed.”
Hal experienced poverty firsthand as a teen after his father was killed in a car accident and there was no insurance to take care of the family. He also knows how he was affected by the kindness of a woman in the church who bought him a nice pair of tennis shoes.
It’s an amazing story, and Hal explains it much better so listen to his testimony on today’s podcast , and ask yourself what you are doing to make a difference in someone else’s life. One immediate way is to partner with Convoy of Hope, which you can do at the Convoy of Hope website convoyofhope.org.
Prof. Heck does a thorough job of demonstrating that the Bible is largely narrative and provides an accurate account of the history of our planet from Creation through to Jesus entry into history just over 2000 years ago.
It is accurate because it was revealed by God to the authors. Confirmation the authors were inspired by God are the prophecies they were given which have subsequently come to pass.
The 8th Annual Society of Creation conference June 2020 presentation by Rev. Prof. Joel Heck, ThD
It is hard to believe that what is considered a relative conservative Supreme Court with the majority claiming to be Christians would make a ruling which James Dobson correctly stated is such affront to God. What is certain, it will escalate God’s judgement on the nation. It clearly exposes the dire state of the church in America today – no fear of God. The following words of Jesus describe what His response will be: “‘I know your works: you are neither cold nor hot. Would that you were either cold or hot! So, because you are lukewarm, and neither hot nor cold, I will spit you out of my mouth. For you say, I am rich, I have prospered, and I need nothing, not realising that you are wretched, pitiable, poor, blind, and naked.
“The U.S. Supreme Court has redefined the meaning of “sex” under Title VII of the Civil Rights Act to include “gender identity” and “sexual orientation.” Not only was this decision an affront against God, but it was also a historical attack against the founding framework that governs our nation.The judiciary is constitutionally charged with interpreting the law, not making law. In its 6-3 ruling, the Supreme Court acted as a super-legislature and failed to carry out its primary duty to the American people. And we will all pay the price”, said James Dobson in a report in Charisma News 6/16/2020
In his dissent, Justice Alito writes that the 6-3 majority decision “is like a pirate ship. It sails under a textualist flag, but what it actually represents is a theory of statutory interpretation … that courts should ‘update’ old statutes so that they better reflect the current values of society.” In plain words, it’s not the job of the high court to infuse new meaning into the laws of our land. Americans should be able to rely on what the law says. Instead of upholding this commonsense principle, the court issued a decision that hurts women, ignores biological reality, and calls into question the future of First Amendment freedoms of expression and belief.
Justice Alito laid out the potential consequences of today’s ruling—the end of sex-specific bathrooms and locker rooms; allowing biological men to compete in women’s sports and earning scholarships set aside for women; lawsuits against colleges that refuse to assign opposite-sex students as roommates; punishment for churches who require employees to adhere to biblical models of human sexuality; mandatory coverage for “sex reassignment” surgeries (better described as gender mutilation); and that’s just the beginning.
For conservatives who agonised over and eventually cast a Trump vote based largely or solely on hopes for SCOTUS, this is a bitter pill to swallow. Trump did make a good-faith effort to appoint originalist judges. To the extent that he was able to seek advice and make inquiries, it seems to me that Trump did about as well as he could.
Sometimes, we need to remind ourselves it is not about “winning,” we’re standing for what is true and God honouring. As Alexandra DeSanctis writes at National Review, now is the time to remind ourselves that Christian conservatism has never been about pleading for exemptions to exercise religious bigotry in the public square. It’s about a vision for the best good of the nation, the family, and the human individual. We may be on the losing side. But we are still on the right side. To quote Gandalf, that is an encouraging thought.
If there was any question that the USA is in the midst of a spiritual war over its very heart and soul, this abhorrent decision removes any shred of doubt. In one of the most difficult seasons for our nation, this is an incredibly dark day and must be countered with great prayer.
I have written several posts on locusts plagues and “end times” famines and pestilences devastating Africa and parts of the Middle East and now we are reading “Tens of millions are on the verge of facing massive food shortages on the continent of Asia after a new plague of locusts has ravaged a path of destruction across India and Pakistan according to a report from The Express.
“And there will be famines, pestilences, and earthquakes in various places. All these are the beginning of sorrows.” Matthew 24:7
PAKISTAN: According to the report, In Pakistan, a national emergency has just been declared after an outbreak of locusts’, of “Biblical Proportions” has reportedly wreaked havoc across farmland in Eastern Punjab, southern Sindh, and southwestern Baluchistan provinces. Meanwhile, In western and central India up to 125,000 acres of crops have been completely destroyed during the worst outbreak the country has faced in decades.
INDIA: According to the Bhagirath Choudhary, director of the New Delhi-based South Asia Biotechnology Centre, an agriculture think-tank said: “We have never, ever seen what we have in the last six months in India – never in the history.” According to a shocking report from National Geographic, a desert locust can consume its entire body weight in a day – as a result, such a swarm would decimate 423 million pounds of crops.
UN REPORT: Then we have a report from the United Nations (UN) that estimates that a swarm of locusts can contain anywhere between 40-80 million of these insects and is capable of consuming the same amount of food in a day as three million people. The scale of this devastation has forced officials from India and Pakistan to work together to combat the outbreak. The UN Food and Agriculture Organisation has described the danger posed by the swarm of locusts as “an extremely alarming and unprecedented threat” and fear the devastation could endanger the food security and livelihoods of around 25 million people.
Over 4,000 people were killed in Islamic extremist attacks in Burkina Faso, Niger and Mali in 2019, according to the U.N.’s envoy for West Africa and the Sahel Mohamed Ibn Chambas.
Since 2016, extremist groups including the Islamic State West Africa Province and Ansaroul Islam have carried out attacks throughout the Sahel region of West Africa. But attacks increased fivefold in 2019 — deaths rose from 80 in 2016 to 1,800 in 2019.
A Nigerian organisation claims that more than 350 Christians have been killed across the West African country since the start of 2020 and estimates that about 11,500 Christians have been killed since 2015. “Nigeria has become a killing field of defenceless Christians,” the non-governmental organisation, International Society for Civil Liberties and Rule of Law, Intersociety, said in a new special report.”
Jihadist violence has now spread from the country’s north to the western Boucle du Mouhoun region where rice and maize are produced and transported to other areas, resulting in a food shortages and might cut off food for millions more in the region, according to the Associated Press.
It is feared that the COVID-19 pandemic might exacerbate the situation at a time when 2 million people in the country are already facing food insecurity.
“If production goes down in this area and if movement restrictions due to the coronavirus drive up food prices in the markets, it could push numbers of severely vulnerable people to double or triple,” Julia Wanjiru, communications coordinator for the Sahel and West Africa Club, an intergovernmental economic group, was quoted as saying.
According to the U.N., the number of people displaced in Burkina Faso rose 1,200 percent in 2019. There are about 600,000 internally displaced people in the country as it is becoming one of the world’s fastest-growing humanitarian crises.
Authorities in the Borno state of Nigeria said Wednesday that at least 81 people were killed in an attack on a nomadic community believed to have been carried out by militants aligned with the Islamic extremist groups Boko Haram or Islamic State West Africa Province.
Signs of the End of the Age
Jesus said, “And when you hear of wars and rumours of wars, do not be alarmed. This must take place, but the end is not yet. For nation will rise against nation, and kingdom against kingdom. There will be earthquakes in various places; there will be famines. These are but the beginning of the birth pains.” Luke 13:7-8
Last November, Philip E Johnson, author of the best-selling book, Darwin on Trial, and other anti-evolution works, died at age 79. The Christian Post has since interviewed Intelligent Design proponents, as well as critics, to discuss Johnson’s legacy and the current direction of the movement.
A longtime law professor at the University of California-Berkeley, Johnson was credited with helping to ignite the modern Intelligent Design movement through his books and debates.
Douglas Axe, a professor of Molecular Biology at Biola University’s School of Science, Technology and Health, told The Christian Post that Philip Johnson influenced his decision to join the movement.
“I’ve been suspicious of Darwinism as far back as I can remember, but it wasn’t until I started connecting with other Darwin-skeptics that I was able to place my own thinking within the larger body of thought that became known as Intelligent Design,” Axe recalled.
“Phillip Johnson was instrumental in this. I met Steve Meyer in 1990 and Bill Dembski in 1992 and then many others, including Mike Behe, at a meeting organized by Phil in 1993. It was at that point that I realized a movement was in the making.”
Axe believed that the “first phase of research” within Intelligent Design was centered on “settling the question of whether life really is designed.”
Considering that question basically resolved, Axe told CP that the “current phase of research is focused on developing a new design-centred way of thinking about biology.”
“For example, former Google coderDr. Winston Ewert recently published a peer-reviewed paper that provides striking evidence that genomes have been designed in a way that resembles how humans design software,” he continued.
“Dr. Michael Egnor, Professor of Neurosurgery at State University of New York in Stony Brook, has just described with mathematical precision how engineering principles are used masterfully to smooth out the heartbeat pulse in order for the capillary flow in our brains to be smooth.”
In an interview with CP, Egnor said he believes there is “abundant evidence for intelligent agency,” labeling Intelligent Design “a valid inference.”
“There is in nature very clear evidence for intelligent agency in some aspects of biology,” he said. “The intricate nano-technology that exists inside cells, the clear evidence for purpose in cellular metabolism, in physiology, in multi-cellular organisms.”
Egnor believed that, regardless of whether one believed in evolution, it was a challenge to do scientific research without presuming that there is design in nature.
“If you look for example at the genome, at the DNA inside a cell. You think of it as a computer program, as software. That helps you quite a bit in understanding how it works. If you didn’t have that inference, it would be much harder to understand what the DNA is doing,” Egnor continued.
“We really can’t study the human heart unless you begin with the premise that it’s a pump. If you begin with the premise that it’s a pump, then the whole thing makes sense. The muscle in the heart and the valves, the chambers, all of it adds up. But the idea that it’s a pump is a design inference.”
Dr. Brian Thomas, research associate with the Institute for Creation Research, an organization that supports biblical creationism, told CP that he believes current scientific finds “bolster” Intelligent Design and creationism claims.
“Despite claims that the human genome is littered with useless evolutionary leftovers, geneticists keep confirming that almost all human DNA is used in one tissue or another at some point during growth and development,” said Thomas.
“Genome usage and sophistication continue to boggle investigators’ minds and baffle non-intelligent origins options. Even fossil discoveries keep confirming fully formed creatures at their lowest appearance.”
Astrophysicist Hugh Ross of the Christian apologetics group Reasons to Believe explained in comments emailed to CP that he believes the movement is taking a “two-pronged approach.”
One prong involved groups like Reasons to Believe developing an alternative creation model that could be tested while Johnson and groups like the Discovery Institute were devoted more to rebutting evolutionary claims and attempting to be inserted into public education.
“I’d have to say the ID prong is working well among Christians, though not especially well among skeptics, those within or influenced by secular academia,” wrote Ross.
“The RTB prong has met with receptivity in the opposite areas. Despite some resistance within the evangelical community, our creation model and presentation of evidence for our Christian faith have opened doors in universities and beyond, especially among skeptics and doubters influenced by secular academia and media.”
Ross added that he believes each of the prongs pursues “its mission wholeheartedly, and each is sustained by the generosity of those who care about their cause.”
“If connection is the priority, then the goal of communication cannot be agreement, because then one person has to disappear when there is disagreement. And guess what? People do not always agree.”
IF WE WANT TO KEEP TWO POWERFUL PEOPLE INVOLVED AND CONNECTED IN A CONVERSATION, THE FIRST GOAL MUST BE TO UNDERSTAND.
The person whose goal is to understand says, “I want to understand your unique perspective and experience. I want to understand the truth of what is happening inside you. And I want you to understand the same things about me. If I understand your heart, then I can move toward you in ways that build our connection. I can respond to your thoughts, respect your feelings, and help to meet your needs.”
Jesus calls us to love people we disagree with. You don’t have to conform to their way of thinking or convince them to think like you in order to love and value them. Romans 12 makes this distinction by pointing out that Believers are “individually members of one another”. Understand, unity is not conformity. In fact, within the Kingdom of God, unity is the celebration of diversity, I propose it will be impossible to experience unity with one another if our value system is based on an agreement and not on the reality that we are distinctly unique children of God.
Have you ever thought through the fact that unity has more of a relationship with disagreement than it does agreement? That may be hard for some to comprehend because the culture we live in has formed its value system based on agreement. In other words, in today’s culture, people tend to connect their value to how much they’re agreed with; they gather on agreement and divide in disagreement. By modern-day standards, disagreement is now synonymous with disloyalty. My point is this—if disagreement equates to being devalued, then conformity becomes the idealistic picture that’s projected onto unity. But, within the Kingdom of God, unity has nothing to do with conformity. Let’s think this through together. According to the Bible, John 3:16 does NOT say that God agreed with the world so He sent His son to offer us salvation. No, quite the opposite. Romans 5:10 clarifies that we were considered enemies of God when He extended an offering—an eternal, inseparable union through His Son, Jesus Christ. Understand, in complete disagreement with the depravity found in the world, God moved towards us, not away from us. Did you catch that? Motivated by love, God moves forward in the trying times of unrepentant injustice and utter disagreement. He doesn’t retreat. He never withholds. God’s driving desire for reconciliation is not conformity. It’s the restoration of authenticity that sin attempts to devalue and ultimately destroy. Consider this, no demon or better yet, no disagreement on earth can separate us from the love of God.
I guess all of us are asking this question? It is interesting to read what some of the world’s financial experts are predicting.
James G. Rickards is an American lawyer, speaker, media commentator, and author on matters of finance and precious metals. He is the author of Currency Wars: The Making of the Next Global Crisis and five other books, his latest Aftermath Wikipedia,
Bill Bonner is an American author of books and articles on economic and financial subjects. He is the founder of Agora Financial, as well as a co-founder of Bonner & Partners publishing. Wikipedia
Nick Hubble is a feature Editor of The Daily Reckoning Australia and Editor of Strategic Intelligence Australia.
One thing all have observed is that over the last few months, we’ve seen a new phenomenon.
The phenomenon of elite agents — governments, the World Health Organization (WHO), the United Nations, law enforcement, the medical establishment, business and tech interests, corporate media — harnessing HUMAN FEAR to tell the population what to do.
How EASY was it for those running things to essentially put the entire world under house arrest? Whether a global quarantine — and shutdown of the world economy — was right or wrong is beside the point I’m making.
The point is, we now know what happens when ‘ordinary’ people get scared. And how easy it is for the elites to do what they want when fear takes over.
The million-dollar question is:
WHAT DO THE ELITES DO NEXT WITH THIS NEWLY DISCOVERED POWER?
How will the global elites exploit COVID-19 to plan and execute their next move…and consolidate their power?
What of the immediate future: Jim Rickards believes “the best evidence indicates that the global economy will not recover for years…and that an age of low output, low income, low consumption, high unemployment and deflation is upon us”.
‘The first stage of a major debt crisis is deflationary. Prices fall. Companies go broke. People get laid off. Investors typically rush to the safety of U.S. Treasury bonds. T-Bond prices go up, even as prices for corporate and “junk” bonds go down.’
Bill Bonner believes we’re entering that phase right now. But, says Bonner, then comes stage two: Inflation.
‘Now the feds are pumping in new money on a whole ’nuther scale. And that’s when the T-bonds go down.
‘Why? Because the only way the feds can fight the downturn is by issuing more fake money. More bonds. More quantitative easing (QE). More dollars. More stimulus. More deficits. More Repo Madness.
‘Sooner or later, all this new, fake money drives down the value of money itself…
‘…and T-bonds, calibrated in dollars, go down too.’
And amidst all this chaos, as it all comes to a self-inflicted head…
…the elites will simply propose a new system entirely.They all share the same vision, One World Order, One World Taxation, and One World Money. All of their actions are geared toward moving that agenda forward.’ (prophesied Biblical end times scenario)
History shows we’re due a financial reset.
These reset events happen regularly — and we are well overdue. Just before, or during, a complete collapse, the powers that be come together in an obscure place and hash out the terms of the new currency system. That new system usually gets named after the random place they decided to meet.
Towards the end of the Second World War, it was Bretton Woods in the US state of New Hampshire. But trade imbalances and the outflow of gold under the Bretton Woods system forced the Smithsonian Agreement and the Jamaica Accord in the 70s — two more resets that gave us floating currencies.
The Treaty of Versailles was one they got wrong, with disastrous consequences. These are just some examples from the 20th century.
These resets occurred for the same reason as those last century — to prevent a crisis and the uproar that goes with it. To create a new workable system. And…most importantly…to ensure the elites that make the rules STAY elite.
Again — I just want to clarify what I mean by ‘elite’. These are not mysterious, Illuminati-type figures. These are people with power and means (some of them names you’ll know) who run the institutions that form a kind of global superstructure. This superstructure is like a snare net encircling all nations. The people who run it aren’t democratically elected. They’re not accountable to you and me. They’re beyond the reach of government and citizens, and yet they hold the fate of the global financial system in their hands.
According to Jim Rickards, a shortlist of these people just from the world of central banking and foreign relations would include:
Christine Lagarde, Head of the European Central Bank
Mark Carney, Governor of the Bank of England
Raghuram G. Rajan, Vice Chairman of the Bank for International Settlements
Haruhiko Kuroda, Governor of the Bank of Japan
William C. Dudley, former president of the Federal Reserve Bank of New York
Agustin Carstens, former governor of the Bank of Mexico
Janet Yellen, former chairman of the Board of Governors of the Federal Reserve System
Mario Draghi, former president of the European Central Bank
Zhu Min, former deputy managing director of the IMF
Zhou Xiaochuan, former governor of the People’s Bank of China
Robert E. Rubin, Chairman of the Council on Foreign Relations.
As Jim details in his latest book Aftermath, Reset 1922 was the first really effective reset that the elites pulled off last century. It was the Genoa Economic and Financial Conference. Thirty-four nations participated in the conclave, held in the Palazzo di San Giorgio in Genoa, Italy. Post World War One, this reset featured the economic reconstruction of Europe…and the status of reparations and relations with the relatively new Soviet Russian regime.
RESET 1944 was the United Nations Monetary and Financial Conference of 44 nations, better known as Bretton Woods.
To say the Bretton Woods system established a new monetary order is an understatement. This was where the elites ensured everything would stay in their favor for the next 70 years. In one meeting, they set up a new system of rules, regulations and procedures for all the major economies of the world. The aim stated in the press was ‘economic stability’. It always is! But Bretton Woods established the International Monetary Fund (IMF) and the World Bank…and in doing so created the actual institutions that could formally carry out the next reset when needed.
JIM RICKARDS BELIEVES THAT NEXT RESET IS COMING AND THAT THOSE WHO DON’T PREPARE FOR IT COULD LOSE OUT BIG-TIME.
Central banks still haven’t normalised their balance sheets and interest rates since the last crisis. And it’s virtually impossible to do so now. Money printing won’t be an option. Because central banks have printed too much already. Any more money printing would trigger a complete loss of confidence in fiat money and a mad scramble for hard assets. Instead of money printing, Jim reckons the elites are planning something else.
A total lockdown of the system. One that will not let investors get their money out. Says Jim:
‘This will begin with money market funds and then spread quickly to bank accounts, ATMs and stock exchanges until the entire system is frozen.
‘Then an international monetary conference will be convened to create a new global monetary standard, probably based on special drawing rights (SDRs), which will be printed by the trillions and handed out to governments to gradually reliquify the system.
‘Governments can see this coming and are already taking steps to prepare for more extreme measures.’
Yes. I know. That sounds crazy.
But I have to draw you back to the ‘crazy’ things that Jim has gotten 100% right before. Remember: If history is anything to go by, we’re long overdue this next reset
Jim suggests there are two ways to do this. The first is to own assets unaffected by monetary chaos and government decree.
It’s unlikely the government will ever confiscate your home or ounces of gold you own in secret. The price of both might surge or tumble, but you’ll own a hard asset either way.
Assets held in the financial system are at risk. That means not just your stock portfolio, but the money you hold with a bank.
Just look at what happened to people in Cyprus in 2013. A chunk of their bank deposits were used to bail out the bank!
Or in Argentina in late 2001, when government froze bank accounts and forbade withdrawals for a FULL YEAR!
Whilst we’re not suggesting this is likely to happen in Australia or the USA, this is an historical example of what’s possible.
At the very least, you need to think very hard about how much of your wealth is tied to the stock market. In the coming months, you need to be very wary of analysts and financial advisers trying to convince you it’s the bottom, and to buy.
(With the exception of certain gold stocks. We believe they’ll likely go up as the wider markets go down over the medium term.)
Australia didn’t have a fully developed stock market in 1929. Nowhere near as many ordinary Australians were stock investors then. But America did. And a repeat of the collapse on Black Tuesday is almost impossible to imagine here, today.
As History.com writes: ‘Billions of dollars were lost, wiping out thousands of investors, and stock tickers ran hours behind because the machinery could not handle the tremendous volume of trading.’
And they kept falling. At the bottom, some investors had just 10% of their stock portfolio remaining. I’m not saying for a second it will be that bad. But you need to know that these losses have occurred in history. And history shows we’re due a reset event. You also need to think about owning things the government need not know about, and things that are unlikely to be taken from you.
We are in unprecedented times. This means you have to be nimble, and you have to watch the data as things play out. You can’t put a stake in the ground around one particular outcome because the chance of getting blindsided is high.
It might be a global currency, like The Economist magazine predicted this year. Or the end of the fiat currency experiment and a return to gold, as Jim Rickards has long predicted. Or perhaps the elites might harness the power of the blockchain, as some countries are already exploring.
China’s secret gold purchases and Germany’s gold repatriation from America suggest where they’re putting their money.
Russia and Singapore are looking at blockchains and digital currencies.
Elites are on the move…positioning themselves for the coming reset.
They won’t admit it publicly — but they know this virus is about to expose how heavily they have abused and mistreated the financial system.
But, according to Jim, it’s been admitted among like-minded elites for years…
‘Incoherent is the exact word used by both Ben Bernanke, former Chairman of the Federal Reserve, and John Lipsky, former acting Managing Director of the IMF in separate conversations with me,’ says Jim.
‘I spoke to Bernanke in Seoul, South Korea on May 27, 2015 and to Lipsky just a few months later in New York City. Each used the world “incoherent” to describe the international monetary system. I’ve never heard either one of them use that word publicly.’
The point is this… whatever new system they choose to make things ‘coherent’ again, you need to be ready. I don’t normally promote secular publications but I consider this good advice hence you might want to consider that for just $69 will get you Jim’s book Aftermath, and a full 12 months of Jim Rickards’ Strategic Intelligence Australia.