{"id":40844,"date":"2017-02-20T07:15:48","date_gmt":"2017-02-20T15:15:48","guid":{"rendered":"http:\/\/www.cogwriter.com\/news\/?p=40844"},"modified":"2017-02-20T07:06:26","modified_gmt":"2017-02-20T15:06:26","slug":"mm-shocking-unexpected-consequences","status":"publish","type":"post","link":"https:\/\/www.cogwriter.com\/news\/prophecy\/mm-shocking-unexpected-consequences\/","title":{"rendered":"M&M: ‘Shocking Unexpected Consequences’"},"content":{"rendered":"

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\nHungary 1946 sweeping up hyperinflation currency notes
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COGwriter<\/a><\/p>\n

Dr. Martin Weiss of Money and Markets<\/em> reported the following:<\/p>\n

Shocking Unexpected Consequences<\/strong><\/p>\n

February 20, 2017<\/p><\/blockquote>\n

When new presidents first walk into the White House, they expect to grab the helm of government and sail along smoothly. But it\u2019s mostly an illusion, and Trump\u2019s first month in office is a classic example. …<\/p><\/blockquote>\n

The Nixon Shock<\/strong><\/p><\/blockquote>\n

On August 15, 1971, President Richard Nixon appeared on TV before a national audience and, without prior warning, announced a series of drastic actions that forever changed our financial future.<\/p>\n

With the aim of creating more U.S. jobs and resetting global trade relations, he issued several directives:<\/p>\n

He abandoned the Bretton Woods agreement that fixed the dollar\u2019s exchange rate with other major currencies.<\/p>\n

He unilaterally canceled the direct convertibility of the U.S dollar into gold.<\/p>\n

And in a feeble attempt to contain the inflationary impact of his first two actions, he simultaneously imposed a 90-day wage-and-price freeze on a broad range of goods.<\/p>\n

It was, in effect, a massive devaluation<\/em> of the dollar. …<\/p>\n

In the months before Nixon\u2019s speech, year-over-year consumer price inflation in the United States was under 5%. By January of 1980 it hit 14.8%, the worst-ever in America that was unrelated to a major war.<\/p>\n

Meanwhile, the price of gold rose from $43 per ounce in August of 1971 to a peak of $850 per ounce in early 1980, an increase of 1,876%.<\/p>\n

More Shocking Consequences<\/strong><\/p>\n

In the same period, the Federal Funds rate jumped from 5.75% to nearly 20%. …<\/p>\n

Important Lessons for Trump and Investors<\/strong><\/p>\n

Lesson #1.<\/strong> Trade disruptions.<\/strong> Global trade and currency markets are heart muscles of the world economy with connecting tissues that extend to interest rates, bond markets, banking, insurance and more. If, for example, Trump initiatives reset trade patterns and exchange rates, you could see a cycle of global actions and reactions that includes some key features of the 1970s and 1980s.<\/p>\n

Lesson #2.<\/strong> Powerful forces.<\/strong> Once that kind of megacycle is set into motion, it can continue for decades, and no one can stop it. Our colleague Larry Edelson says it\u2019s the cycle itself that drives government policy, not the other way around. But disruptive policy changes from Washington can certainly play an important role in precipitating a major turn of events.<\/p>\n

Lesson #3.<\/strong> Rising prices.<\/strong> One of those major turns could bring back inflation. It may start slowly and may take time to hit with full force. But any major changes that make foreign imports more expensive or weaken the U.S. dollar could be catalysts.<\/p>\n

Lesson #4.<\/strong> Gold. <\/strong>Even without much inflation, gold is bound to be among the leading beneficiaries. I repeat: After the Nixon Shock, it surged from $43 to $850 per ounce. An equivalent rise from today\u2019s gold price would take one ounce of the yellow metal to over $24,000. Certainly, no one is predicting anything that extreme. But it just goes to show the power behind the cycle that fueled \u2014 and was fueled by \u2014 the Nixon Shock.<\/p>\n

These things don\u2019t happen overnight. They can take years to incubate and hatch. https:\/\/www.moneyandmarkets.com\/lessons-for-president-trump-and-investors-part-4-shocking-unexpected-consequences-84652<\/a><\/p><\/blockquote>\n

I remember Richard Nixon, increased inflation, and very high interest rates. Yes, it took several years (about a decade) for that to max out.<\/p>\n

This time circumstances are different.<\/p>\n

On the one hand, there is better technology and theoretically better data. On the other hand, the USA had about $400 billion of recognized debt in 1971, and less than one trillion dollars of debt in 1980. Now there is around $20,000,0000,000,000. At 20% interest, the interest cost alone would be $4 trillion per year.<\/p>\n

Since total US income (all taxes) is less than that, the USA is setting itself up for a terrible time. Trade policies will also be involved this time (watch also Trade Wars: Are COG warnings coming to pass?<\/a>).<\/p>\n

But it will take years for the impact of various policies to fully hit the USA–but when it truly hits it will be devastating (Habakkuk 2:6-8).<\/p>\n

Furthermore, consider that while the USA has been accumulating pledges in the form of US Treasury bonds and notes, the Chinese have been accumulating gold (see China, Gold, and the AIIB<\/a>). Various ones in Europe have been repatriating gold from the USA, like the Germans (see Germany has brought back its gold and EU approves CETA<\/a>).<\/p>\n

The Bible teaches that the final European King of the North<\/a> will accumulate gold (cf. Daniel 11:40-43; cf. Revelation 18), thus we know that it will have some value at least into the first couple of years of the Great Tribulation–though gold will not save in the end (James 5:1-3).<\/p>\n

There are disastrous changes that will come to the USA (Daniel 11:39; USA in Prophecy: The Strongest Fortresses<\/a>)–and its debt practices–which one day will cause massive hyperinflation–will be a cause (cf. Habakkuk 2:6-8).<\/p>\n

While I am NOT endorsing Dr. Weiss’ investment advice, the reality is that the USA will have financial problems in the future and they will be much, much, worse than those he believes were triggered by the Nixon Administration.<\/p>\n

Some items of possibly related interest may include:<\/em><\/p>\n

America\u2019s Day of Reckoning 2017 Dollar Collapse?<\/a> Economist James Dale Davidson says that a financial bloodbath will hit the USA and there is nothing that Washington can do to stop it. He claims that at least 57 nations have gotten together to dethrone the US dollar as the world\u2019s reserve currency. He claims this can happen any day or in a few months. He mentions China, Russia, the AIIB, and gold. He claims his track record in predicting massive shifts in the past should assure people that he is right about this. He claims that there will be massive unemployment, near elimination of social security benefits, and more. Is James Dale Davidson possibly right on any of this? Dr. Thiel goes over many of his claims and explains what the Bible shows related to the coming collapse of the US dollar. This is a video.
\nCollapse of the Euro and Dollar? War in 2020?<\/a> Larry Edelson of Money and Markets<\/em> described aspects of current economic difficulties and explained why he felt matters would get a lot worse. He said war, like World War III, could break out as early as 2020. What did he call the ‘granddaddy of all cycles”? Will matters go as he said? What does the Bible teach? Dr. Thiel provides biblical insights that secular sources often miss. This is a video.
\nMexico, Central America, South America, Brazil, and the Caribbean in Prophecy<\/a> [Espa\u00f1ol: M\u00e9xico, Am\u00e9rica central, Suram\u00e9rica, Brasil y el Caribe en la profec\u00eda<\/a>] [Portugu\u00eas: M\u00e9xico, Am\u00e9rica Central, \u00c1m\u00e9rica do Sul, e Brasil na profecia<\/a>] What will happen to those of Latin America? Will they have prosperity? Will they cooperate with Europe? Will they suffer in the future? What role might the various Caribbean nations\/territories play?
\nAfrica: Its Biblical Past and Prophesied Future<\/a><\/span> What does the Bible teach about Africa and its future? Did the early Church reach Africa? Will God call all the Africans?
\nEuropa, the Beast, and Revelation<\/a> Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? Is an emerging European power “the daughter of Babylon”? What is ahead for Europe? Here is a link to a video titled: Can You Prove that the Beast to Come is European?<\/a>
\nEuropean Technology and the Beast of Revelation<\/a> Will the coming European Beast power would use and develop technology that will result in the taking over of the USA and its Anglo-Saxon allies? Is this possible? What does the Bible teach? Here is a related YouTube video: Military Technology and the Beast of Revelation<\/a>.
\nWhen Will the Great Tribulation Begin? 2017, 2018, or 2019?<\/a> Can the Great Tribulation begin today? What happens before the Great Tribulation in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? Who are the 144,000? Here is a version of the article in the Spanish language: \u00bfPuede comenzar la Gran Tribulaci\u00f3n en 2016 o 2017? \u00bfEs el Tiempo de los Gentiles?<\/a> You can also see the English language sermon videos: The Great Tribulation from the Mount of Olives<\/a> and Can the Great Tribulation begin before 2020?<\/a> A shorter video is: Will the Great Tribulation Start in 2017?<\/a>
\nTwo Horned Beast of Revelation and 666<\/a> Who is 666? This article explains how the COG views this, and compares this to Ellen White. Here is a link to a prophetic video Six Financial Steps Leading to 666?<\/a>
\nThe Mark of Antichrist<\/a> What is the mark of Antichrist? What have various ones claimed? Here is a link to a related sermon What is the ‘Mark of Antichrist’?<\/a>
\nMark of the Beast<\/a> What is the mark of the Beast? Who is the Beast? What have various ones claimed the mark is? What is the ‘Mark of the Beast’?<\/a>
\nMust the Ten Kings of Revelation 17:12 Rule over Ten Currently Existing Nations?<\/a> Some claim that these passages refer to a gathering of 10 currently existing nations together, while one group teaches that this is referring to 11 nations getting together. Is that what Revelation 17:12-13 refers to? The ramifications of misunderstanding this are enormous. A related sermon is titled Ten Kings of Revelation and the Great Tribulation<\/a>.
\nWorld War III: Steps in Progress<\/a> Are there surprising actions going on now that are leading to WWIII? Might a nuclear attack be expected? What about WWIV? Does the Bible promise protection to all or only some Christians? How can you be part of those that will be protected? A related video would be Is World War III About to Begin? Can You Escape?<\/a>
\nDoes God Have a 6,000 Year Plan? What Year Does the 6,000 Years End?<\/a> Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? Does God have 7,000 year plan? What year may the six thousand years of human rule end? When will Jesus return? 2024 or 20xx? There is also a video titled The 6000 Year Plan: Is the end of humanity’s reign almost up?<\/a>
\nUSA in Prophecy: The Strongest Fortresses<\/a> Can you point to scriptures, like Daniel 11:39, that point to the USA in the 21st century? This article does. A related sermon is titled: Do these 7 prophesies point to the end of the USA?<\/a>
\nThe Plain Truth About Gold in Prophecy. How Should a Christian View Gold?<\/a> What do economists and the Bible teach about gold? Gold and silver may drop in value. Inflation\/deflation? What do Christians need to know about gold?
\nAnglo \u2013 America in Prophecy & the Lost Tribes of Israel<\/a> Are the Americans, Canadians, English, Scottish, Welsh, Australians, Anglo-Saxon (non-Dutch) Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? What will happen to Jerusalem and the Jews in Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo-Saxon nations? Why might God allow them to be punished first? Here is a link to the Spanish version of this article: Anglo-Am\u00e9rica & las Tribus Perdidas de Israel<\/a>. Information is also in the YouTube sermons titled Where are the Ten Lost Tribes? Why does it matter?<\/a> and British are the Covenant People<\/a>. A short YouTube of prophetic interest may be Barack Obama and the State of the Apocalypse<\/a>.
\nAre You Being Called by God?<\/a> Norman Shoaf wrote various points to consider.
\nIs God Calling You?<\/a> Alfred E Carrozzo wrote this.
\nWhat Did Christ Mean \u2013 Many Are Called, But Few Are Chosen?<\/a> This article was by Raymond McNair.
\nChristian Repentance<\/a> Do you know what repentance is? Is it really necessary for salvation? A related sermon is also available titled: Real Christian Repentance<\/a>.
\nWhen You Sin: Do You Really Repent? <\/a>This is an article by Charles F. Hunting. A related sermon is Confess to God and truly repent<\/a>.
\nThe Gospel of the Kingdom of God<\/a> This free online pdf booklet has answers many questions people have about the Gospel of the Kingdom of God and explains why it is the solution to the issues the world is facing. Here are links to three related sermons: The World\u2019s False Gospel<\/a>, The Gospel of the Kingdom: From the New and Old Testaments<\/a>, and The Kingdom of God is the Solution<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Hungary 1946 sweeping up hyperinflation currency notes COGwriter Dr. Martin Weiss of Money and Markets reported the following: Shocking Unexpected Consequences February 20, 2017 When new presidents first walk into the White House, they expect to grab the helm of government and sail along smoothly. But it\u2019s mostly an illusion, and Trump\u2019s first month in […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-40844","post","type-post","status-publish","format-standard","hentry","category-prophecy"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t