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.
Anesthetizing the public to the UNavoidable 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 later 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!
NOTE: As of April 13, 2009,
since the new president has been in office the USA debt is 1.25
Quadrillion dollars. (That
is the same as 10 with 15 zeros behind it ... or one thousand
million million ... or one million billion ... or one thousand
trillion!
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. When the market (the
DOW) goes up to between 10,000 and 11,000 (and when real estate
goes back up) SELL OUT. Convert to cash and hold it.
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.
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. The market will take a precipice
dive about the middle of 2012. Real estate may return to the
year 2000 levels.
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 five (5) to seven (7) years after 2009
you are in for HARD TIMES. You must pray and ask God to direct
your financial activities because things will worsen up through
2013 to 2015.
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. However, 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 – so will the EURO. Be very careful if you are
investing in FOREX trades.
A NEW currency will evolve – 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.
Our 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, 21 seconds (with music)
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