{"id":6458,"date":"2011-02-24T12:56:45","date_gmt":"2011-02-24T20:56:45","guid":{"rendered":"http:\/\/www.cogwriter.com\/news\/?p=6458"},"modified":"2011-02-24T13:03:47","modified_gmt":"2011-02-24T21:03:47","slug":"us-dollar-no-safe-haven-in-this-middle-east-crisis","status":"publish","type":"post","link":"https:\/\/www.cogwriter.com\/news\/prophecy\/us-dollar-no-safe-haven-in-this-middle-east-crisis\/","title":{"rendered":"US Dollar No ‘Safe Haven’ In This Middle East Crisis"},"content":{"rendered":"

\"\"
\n <\/em>\u201cI will break the pride of your power\u201d (Leviticus 26:19)<\/p>\n

<\/em><\/p>\n

COGwriter<\/a><\/p>\n

During the current crises in the Middle East, some have noticed that the USA dollar is not benefiting like in the past:<\/p>\n

\n
Is The U.S. Dollar No Longer A Safe Haven?<\/strong><\/span><\/div>\n
iStockAnalyst – Feb 24, 2011<\/span><\/div>\n
\n

…since the protests and riots began in the Middle East over a month ago the U.S. Dollar Index has declined lower. This is very uncharacteristic of what we have seen over the past 10 years. Usually, when the U.S. Dollar Index declines the stock market indexes and most commodities will increase and rise in price. However, that is not happening at this time.<\/span><\/p>\n

Many investors believe that the U.S. Dollar is being forced lower by the Federal Reserve Bank as they continue to flood the market with cash reserves in order to create inflation. Essentially, they are diluting the U.S. Dollar on a daily basis. \u00a0 http:\/\/www.istockanalyst.com\/article\/viewarticle\/articleid\/4918944<\/span><\/a><\/p>\n

\n
Dollar Pressured by Mideast Turmoil<\/span><\/strong> <\/span><\/div>\n
Wall Street Journal<\/strong> – Feb 24, 2011<\/span><\/div>\n
“The dollar fell against most other major currencies as traders pared greenback positions in the wake of continued Middle East tumult and unfavorable yield differentials. <\/span><\/div>\n

The safe-haven currencies of the Swiss franc<\/strong> and yen continue to be the most-direct beneficiaries of the latest Middle East civil eruption in Libya. The dollar was hovering above its new record low of 0.9240 franc reached in overnight Asian trading. The dollar was at three-week lows against the yen.”<\/span> http:\/\/online.wsj.com\/article\/SB10001424052748703408604576164012616205974.html<\/span><\/a><\/p>\n<\/div>\n<\/div>\n<\/blockquote>\n

So instead of being a ‘safe haven’, the USA dollar is partially being pushed down by the crises in the Middle East.\u00a0 It is amazing how greatly increasing the debt and currency of the USA has finally gotten more of the world’s attention.<\/p>\n

Of course, there still are other options that some investors are looking at:<\/p>\n

\n

Turmoil and oil fears push gold<\/strong> to seven-week high<\/a> <\/a><\/p>\n

<\/h2>\n

Financial Times\u00a0– Jack Farchy<\/a> – \u200e24 February 2011<\/div>\n

The price of gold<\/strong> rose to its highest level in seven weeks as political turbulence in the Middle East<\/strong>…drove investors to the metal, a traditional beacon of safety…<\/p>\n

Gold has risen 8.4 per cent since…January…<\/p>\n

<\/em><\/div>\n<\/blockquote>\n

So while gold maintains its traditional place a as “beacon of safety”, the same is no longer true for the USA dollar.<\/p>\n

People who have faith that the USA will continue should ask themselves why.<\/p>\n

Prophecy moves forward–significant personal repentance is probably the only way out (as national repentance for the USA seems highly unlikely).<\/p>\n

To learn more, please check out the following articles:<\/em><\/p>\n

Anglo \u2013 America in Prophecy & the Lost Tribes of Israel<\/a> Are the Americans, Canadians, British, Scottish, Welsh, Australians, Anglo-Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo nations? Why might God allow them to be punished first?
\nWill the Anglo-Nations be Divided?<\/a> Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What does Bible prophecy teach? Are there non-biblical prophecies that support this idea? Who will divide those lands? Who will end up with the lands and the people?
\nProphecies of Barack Obama? <\/a>Are there biblical and non-biblical prophecies about Barack Obama. Did Nostradamus predict Barack Obama dealing with the Antichrist? This is a lengthy article with many prophecies that Barack Obama may end up fulfilling.
\nBarack Obama, Prophecy, and the Destruction of the United States<\/a> Some claim that Barack Obama is the prophesied \u201cson of Kenya\u201d. Might Bible prophecy be fulfilled by him?
\n<\/span>The 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?
\nEnd of Mayan Calendar 2012–Might 2012 Mean Something?<\/a> Are there Mayan calendar predictions for change in 2012? Changes were centuries ago predicted by the Hopi Native Americans. Do Mayan\/Hindu\/Hopi\/Buddhist\/New Age\/Nostradamus prophecies have any value here? Why might Satan have inspired this date? Does the Dresden codex show destruction of the earth by flood? Can the great tribulation<\/a> start before 2012? How might Barack Obama be involved in 2012?
\n <\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cI will break the pride of your power\u201d (Leviticus 26:19) COGwriter During the current crises in the Middle East, some have noticed that the USA dollar is not benefiting like in the past: Is The U.S. Dollar No Longer A Safe Haven? iStockAnalyst – Feb 24, 2011 …since the protests and riots began in the […]<\/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-6458","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