Posted on 11/24/2008 5:15:55 PM PST by Michael Eden
They thought Peter Schiff was a kook in 2006. He was so accurate it was spooky. They laughed in his face.
They are not laughing now.
Frankly, I did a slow-motion run on my bank over the last 12-18 months.
I see the whole WORLD collapsing...not just the U.S. I’m not 100% convinced but it does bother me.
However, I get up every day and go to work and do my thing and leave the results up to God. And that works ‘cause I had two clients close on their mortgages today.
See my #75. Is Schiff a fundie "scholar", also?
I read those but I am afraid I am missing your point.
He (and Schiff) were off on gold, but that one isn’t done playing out. It appears to be being manipulated. That is, there seems to be a shortage of gold, and yet the price is down, significantly?!
Then again, it gained around $115 an ounce in about a week. Maybe the $2,000 prediction isn’t so far off as we may think right this minute.
>>I see the whole WORLD collapsing...not just the U.S.<<
I agree. But it will be in the spirit of “the bigger they are, the harder they fall”.
Clinton was the opening chapter; this is Chapter two.
Jewelry, especially gold and diamonds
valuable tools
Leather goods
guns
ammo
rare coins
If you are interested in portability, then I would tell you to stick to rare coins and diamonds. With jewelry, it would be wise to concentrate on diamonds. THe artistic value of the design and non-diamond gemstones can be written off.
The problem is that when things really get desperate, the basics will be what everyone wants and will kill for. Food, clothing, useful tools and weapons, fuel(whether it be gas, diesel, wood, or cow manure), and don't forget that humans will be a valuable commodity too. Sexually desirable young females and combat capable young males will be bartered commodities in the worst of the worst situations. I'm not suggesting that anyone should take part in the trafficking of humans. But we should all be aware of reality. And if any of us happens to be one of those types of humans that are considered valuable commodities, be aware that you may find yourself in a situation where you will be purchasing your freedom with some of your valuable stash, or you could yourself become a valuable possession of someone else.
You may need to bribe someone with valuables to leave your daughter untouched, or bribe some warlord to NOT draft your son into his gang. Or both. Or you may find yourself better off fighting instead of bribing.
Plan for all possibilities.
Unionism pushes the day of reckoning farther and farther into the distance. It can’t continue much longer with Detroit, bailout or no bailout. Democrats will protect them as best they can and allow them to continue employment restriction to keep their wages above equilibrium levels.
This is the dirty secret of Unionism: it can raise wages in an industry only by keeping the level of employment below the optimum level. My wage is higher because you cannot work.
Now if the idea is to bailout industry by obtaining preferred stock or bonds the government could obtain a return from the money. It would also give the government an incentive to keep from driving them out of business with goofy environmental targets.
Now this assumes the idea is not to destroy business. Since I do not see any chance for tax increases in the near future they will have to raise money from somewhere.
When those words were written it was assumed that the End of Times would be coming soon. Didn’t happen as expected nor in 1000 when many believed that it had to be then. Then every year or so some True Believer with Great Insight convinces a gullible flock that next month is the time.
It matters not.
American leadership has become a contest to buy the greatest number of voters. This is what happened in ancient Rome and it took two hundred years to result in the Empire and another 3 or 400 more to get to the end.
If we had a Washington, Lincolm, Reagan or a Hamilton we might figure out a way to maintain our power. But the media ensures that Leftist liars are elected in the majority of elections.
Well said, and it is as the Founders feared, at the hands of a demagogue and he who funded him, who is essentially a foreign power, intriguing on our shores to build his worldwide empire.
No need to offer any apologies to me. I’m just pleased that you realized who was saying what. If you’re like me, you skim through a bunch of articles, and it’s easy to misunderstand this and that when skimming.
I heard an economist on the news today saying that his fear isn’t so much in how the stock market performs right NOW, but rather in a couple/few years as all the incredible debt begins to pile on in the form of staggering interest payments. In other words, things could START looking good, and then the bottom truly drop out when we find ourselves struggling to pay our debts and find our country is bankrupt.
The US has been the staunchest defender of Israel, and the guarantor of freedom in the world throughout the century. It has also been the ultimate bastion of individualism and nationalism. According to the Bible, that won’t last. The US is not a major player in the last days.
As the last days unfold, according to Ezekiel 39-39, Russia and a coalition of Islamic states (all of them but Egypt and Babylon (Iraq), interestingly) will attack Israel. No country will come to their aid, but will only question what impact such a war will have on global commerce (Eze 38:12-13). The United States will not be there to say to the Russian/Islamic forces, “You’ll have to get through us first.” But God Himself will supernaturally intervene.
And then, again, we see the coming of an Antichrist/beast in the very last days during a time of incredible global crisis such as the world has never seen. He will literally solve the unsolvable problems, and be such a great leader that the whole world will worship him. Again, where is the US in such a scenario? Clearly, the US is diminished.
So I read Celente’s article in which he forecasts economic catastrophe for America, and I am putting 2 and 2 together. Celente himself never mentions Bible prophecy; it only happened that his assessment is compatible with what the Bible is saying.
Thanks for reading, and for commenting!
This guy is promoting the panic that is driving the panic..that could well destroy us.
This guy needs to read the Prophets. Especially Isaiah.
You said,
When those words were written it was assumed that the End of Times would be coming soon. Didn’t happen as expected nor in 1000 when many believed that it had to be then. Then every year or so some True Believer with Great Insight convinces a gullible flock that next month is the time.
Read 2 Peter chapter 3. Peter tells us we’re going to have scoffers saying, “Where is this wrath of God stuff?” And Peter says that the Lord is patient, wanting as many to be saved as possible.
Jesus is even more clear: Matthew 24:14 “And this gospel of the kingdom shall be preached in the whole world for a witness to all the nations, and then the end shall come.
Christian missionaries are excited. Of all the 13,000 people-groups, the gospel has now reached 99% of them. The Bible/gospel will have been translated and penetrated to every people-group on earth, fulfilling Jesus’ commandment. And then the end shall come.
http://www.ad2000.org/status.htm
Jesus told His people NOT to set dates. But the Bible DOES give us signs of the times, and we are truly seeing the end coming, based on those signs. Have you heard false predictions from people claiming the Bible? Yeah, but many of them have been from movements that deny fundamental elements of the Christian faith, such as Jehovah’s Witnesses with their warped doctrine of the 144,000.
There are a bunch of things that tell us that the Biblical scenario is unfolding. The rebirth of national Israel (Ezekiel 37); the ability of Asia/China to project an army of 200 million soldiers (when John wrote Revelation, there weren’t 200 million people in the whole world!). There are MANY prophecies which really serve to narrow down WHEN the end day clock starts running.
Let me ask you a question. In the days of nuclear arsenals, and terrorists who want to get their hands on nukes, do you truly believe that “Armageddon” WON’T ultimately happen? I would actually argue that your faith would be more bizarre than mine, if that’s the case! We’ve also got diseases that are terrifying centers for disease control, and the realization that terrorists could deliver (by becoming human “germ bombs”) diseases that could wipe out millions.
And we’re in a more vulnerable period economically than at any point in human history. Unlike the past, where wealth was in land, or cattle, or gold, today the overwhelming majority of the world’s “wealth” is on paper, and hard assets are often leveraged a hundredfold to create phantom money. We have a world market with $700 TRILLION in derivatives, and it is those derivatives that are beginning to blow up now.
>>When those words were written it was assumed that the End of Times would be coming soon. Didn’t happen as expected nor in 1000 when many believed that it had to be then. Then every year or so some True Believer with Great Insight convinces a gullible flock that next month is the time.
It matters not.<<
I disagree, with the exception that I do agree that various people will attempt (and have attempted) to use it for their own gain. People have been doing that with Christianity since it’s inception.
I also have little doubt that on the day it actually happens, someone will be making the very argument you are making.
. The day it DOES happen,
Trying to set a time line for such an event is a futile gesture in my mind and has been done so many times any new attempt has no credibility.
So far one of the main elements is missing in any case and that is the rebuilding of the Temple.
People claimed the end waa here when populations died off by the millions in the Middle Ages. Up to a third of some populations died. As to war and rumors of war when in the last two thousand years was there no war. Then look at the Viking invasions where murderous pagans rampaged among the Christians of Europe killing, robbing and kidnapping even going as far as Turkey. Think Somali pirates times a million. This era approached these horrors only during WWII. Violence and death overall of late have not been increasing but decreasing particularly non-Islamic violence.
Where is Islam in the Bible other than the references to the founder of the Arabs, Ismael?
The least of Zero’s voters were from those wanting tax cuts. His base is strictly those who do not pay taxes. No one believes he will lower taxes except the incredibly ignorant.
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