The second horseman, it says in Revelation 6:4, will take peace from the whole earth. While men are slaying and butchering one another in the Islamic quarter of the earth (Rev. 6:4b, 6:8b), peace of mind and lack of worry will be taken from the whole earth. This is a component of the great Second Signpost.
This removal of peace will happen in a myriad of ways. Countries like Japan and South Korea who’s oil comes from the Middle East will scramble for new oil. The price in 1973 quadrupled after a 6% loss in oil, so who knows how high the price will go when 25% is removed. The average person may not have gasoline available at a price to allow him or her to get to work, that is if there is still a job.
I have had Jim Sinclair’s website linked on my site. I check out his site every other day or so to see what is happening in the world of finance. He shows what is happening behind the news headlines. Recently a gentleman has joined him named Bill Holter. He is a Christian as well as knowledgeable as to what is going on in finance and banking. I had some email conversations with him and we had this exchange:
Me: “Bill, I wanted to try to figure out what might happen economically/financially WHEN Iran invades the gulf oil fields and shuts down production…”
Bill: “The credit system will shut down as oil skyrockets in terms of dollars. It will be game over. Best, Bill”
That was his short answer but it speaks volumes. I realized what he was talking about was the collapse of the western banking system. It has been insolvent since 2008. Liar accounting laws have covered up the insolvency and the only thing going against tens of trillions of dollars of toxic derivatives has been tens of billions in cash. This is why it is hard to get loans and why interest has gone to zero – the banks are trying to survive and the government is propping them up. A loss of credit means that companies and individuals would no longer be able to easily move money digitally in a universal banking system. That all by itself is huge. How would one buy groceries or gasoline unless you have cash on hand? What would happen to people’s savings and checking accounts?
Bill posted an article recently from an interview that provides more detail explaining the loss of the credit system. It comes down to a “reset” of the markets and of prices. Bill says:
In the reset, Holter contends, “All debt will be impaired. . . . A reset is going to be a shutdown of the system. Everything will stop. When you are talking about bonds being impaired, you are probably going to see that start or begin in the derivatives market. The derivatives is the tail that has been wagging the dog for years. Derivatives are leverage, and you can use that leverage to control prices. If they can put $1 down and control $100, you can pretty much control the price of an asset, and that’s what they have done. They have supported stocks. They pushed interest rates down and supported bonds. They have suppressed gold and silver prices. They were able to paint a picture using derivatives with 100 to 1 or more of leverage, and when they lose control, that derivative chain between bank A, B, C and D is going to snap. When it snaps, the music stops and everything is going to stop. Once something does break, I don’t think it will take much more than 48 hours for you to wake up in the morning and find that nothing works. Your credit card doesn’t work. Your debit card doesn’t work. You go to your bank and the ATM doesn’t work, and nothing is going to work. The entire financial system will shut down. The reset will be the reopening. It’s not the closure that will kill you, it’s going to be the reopening. In the reopening, everything is going to be revalued. How long will it take to reopen? I have no idea. It could be a week, two weeks, one month, two months or six months. Who knows, but the financial landscape is going to look different, and values will be unrecognizable.”
This is not going to just be a financial problem, but a problem getting things you need to live. Holter says, “These big stores get stocked up every single night. . . . The average store only has food for about two or three days. So, this is not going to just be an issue about you paying your bills. It’s going to break down so badly it is going to be an issue about whether or not you can get food.”
So don’t assume stores will have food. It needs to be delivered by trucks which need money to buy gasoline. Workers will need to be paid; they don’t nor can’t work for free. How will companies keep their payroll going? The economy will sort itself out like it has in other countries before where banking has shut down. However, like Bill says it’s the great reopening that could kill you. It could be weeks or months until things settle down, cash is available, and commodities are flowing again. Yes, this will be a problem of getting the things you need to live. During the reset, a barter economy will likely develop. And on the other side of the great reset, there will be a shift in the value of items since there will no longer be manipulation of that item’s price.
“It’s rider was given power to take peace from the earth,” it says of the second horseman. You need to prepare for yourself and your family. You need to prepare and spread the signpost message for your church. Spend some time thinking and praying about how the loss of liquidity in the town around you will affect you and your town. Don’t put it off. The Second Signpost could happen at any time. The way one physically prepares for the loss of the credit system is to have cash, precious metals or barterable items at the ready to purchase what you need.
When might all this happen? We don’t know when the Second Signpost will begin to cause this havoc. We don’t know and the Bible doesn’t tell us. Jesus though did say to “Watch!” And that all by itself has implications.
Categories: Signpost #2: Iran