JEWISH KING JESUS IS COMING AT THE RAPTURE FOR US IN THE CLOUDS-DON'T MISS IT FOR THE WORLD.THE BIBLE TAKEN LITERALLY- WHEN THE PLAIN SENSE MAKES GOOD SENSE-SEEK NO OTHER SENSE-LEST YOU END UP IN NONSENSE.GET SAVED NOW- CALL ON JESUS TODAY.THE ONLY SAVIOR OF THE WHOLE EARTH - NO OTHER. 1 COR 15:23-JESUS THE FIRST FRUITS-CHRISTIANS RAPTURED TO JESUS-FIRST FRUITS OF THE SPIRIT-23 But every man in his own order: Christ the firstfruits; afterward they that are Christ’s at his coming.ROMANS 8:23 And not only they, but ourselves also, which have the firstfruits of the Spirit, even we ourselves groan within ourselves, waiting for the adoption, to wit, the redemption of our body.(THE PRE-TRIB RAPTURE)
HOARDING OF GOLD AND SILVER
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.(IN 1 HR THE STOCK MARKETS WORLDWIDE WILL CRASH)
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
1 KINGS 10:13-14
13 And king Solomon gave unto the queen of Sheba all her desire, whatsoever she asked, beside that which Solomon gave her of his royal bounty. So she turned and went to her own country, she and her servants.
14 Now the weight of gold that came to Solomon in one year was six hundred threescore and six talents of gold,
GENESIS 49:16-17
16 Dan shall judge his people, as one of the tribes of Israel.
17 Dan shall be a serpent by the way, an adder in the path, that biteth the horse heels, so that his rider shall fall backward.
REVELATION 6:5-6
5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.
6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.(A DAYS WAGES FOR A LOAF OF BREAD)
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
The Shemitah is coming true.Do people not get it? There is a economic crash every 7 years.
1980: Recession
1987: Stock market crash
1994: Bond market crash
2001: 9/11, dot com, recession
2008: Housing crash
2015: See if something will happen-The central banks will be the death of us. Get ready and embrace yourself for the economic collapse.
BANK RELATED INFORMATION
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CURRENCIES
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COMMODITIES
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UPDATE-FEBRUARY 08,2016-12:00AM
DOW MARKET MONDAY-FEB 08,2016
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EARTHQUAKES
EZEKIEL 37:7,11-14
7 So I prophesied as I was commanded: and as I prophesied, there was a noise, and behold a shaking, and the bones came together, bone to his bone.(POSSIBLE QUAKE BRINGS ISRAEL BACK TO LIFE-SO NOISE AND SHAKING-QUAKES WILL ALSO DESTROY ISRAELS ENEMIES)
11 Then he said unto me, Son of man, these bones are the whole house of Israel: behold, they say, Our bones are dried, and our hope is lost: we are cut off for our parts.
12 Therefore prophesy and say unto them, Thus saith the Lord GOD; Behold, O my people, I will open your graves, and cause you to come up out of your graves, and bring you into the land of Israel.
13 And ye shall know that I am the LORD, when I have opened your graves, O my people, and brought you up out of your graves,
14 And shall put my spirit in you, and ye shall live, and I shall place you in your own land: then shall ye know that I the LORD have spoken it, and performed it, saith the LORD.
MATTHEW 24:7-8
7 For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places.
8 All these are the beginning of sorrows.
MARK 13:8
8 For nation shall rise against nation, and kingdom against kingdom:(ETHNIC GROUP AGAINST ETHNIC GROUP) and there shall be earthquakes in divers places, and there shall be famines and troubles: these are the beginnings of sorrows.
LUKE 21:11
11 And great earthquakes shall be in divers places,(DIFFERNT PLACES AT THE SAME TIME) and famines, and pestilences; and fearful sights and great signs shall there be from heaven.
UPDATE-FEBRUARY 08, 2016-11:55PM
1 Day, Magnitude 2.5+ Worldwide
32 earthquakes - DownloadUpdated: 2016-02-08 00:01:07 UTCShowing event times using UTC32 earthquakes in map area
4.6 62km SSW of Cikai, China 2016-02-07 23:31:10 UTC 17.9 km
STOCK MARKET AND EARTHQUAKE NEWS
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HOARDING OF GOLD AND SILVER
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.(IN 1 HR THE STOCK MARKETS WORLDWIDE WILL CRASH)
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
1 KINGS 10:13-14
13 And king Solomon gave unto the queen of Sheba all her desire, whatsoever she asked, beside that which Solomon gave her of his royal bounty. So she turned and went to her own country, she and her servants.
14 Now the weight of gold that came to Solomon in one year was six hundred threescore and six talents of gold,
GENESIS 49:16-17
16 Dan shall judge his people, as one of the tribes of Israel.
17 Dan shall be a serpent by the way, an adder in the path, that biteth the horse heels, so that his rider shall fall backward.
REVELATION 6:5-6
5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.
6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.(A DAYS WAGES FOR A LOAF OF BREAD)
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
The Shemitah is coming true.Do people not get it? There is a economic crash every 7 years.
1980: Recession
1987: Stock market crash
1994: Bond market crash
2001: 9/11, dot com, recession
2008: Housing crash
2015: See if something will happen-The central banks will be the death of us. Get ready and embrace yourself for the economic collapse.
BANK RELATED INFORMATION
http://ift.tt/1Nhezbu
CURRENCIES
http://ift.tt/1KhcsPw
COMMODITIES
http://ift.tt/1Y1uPlQ
UPDATE-FEBRUARY 08,2016-12:00AM
DOW MARKET MONDAY-FEB 08,2016
09:30AM-
10:00AM-
10:30AM-
11:00AM-
11:30AM-
12:00PM-
12:30PM-
01:00PM-
01:30PM-
02:00PM-
02:30PM-
03:00PM-
03:30PM-
04:00PM-
HIGH LOW
DANIEL 7:23-24
23 Thus he said, The fourth beast (EU,REVIVED ROME) shall be the fourth kingdom upon earth,(7TH WORLD EMPIRE) which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces.(TRADING BLOCKS-10 WORLD REGIONS/TRADE BLOCS)
24 And the ten horns out of this kingdom are ten kings(10 NATIONS-10 WORLD DIVISION WORLD GOVERNMENT) that shall arise: and another shall rise after them; and he shall be diverse from the first, and he shall subdue three kings.(THE EU (EUROPEAN UNION) TAKES OVER IRAQ WHICH HAS SPLIT INTO 3-SUNNI-KURD-SHIA PARTS-AND THE REVIVED ROMAN EMPIRE IS BROUGHT BACK TOGETHER-THE TWO LEGS OF DANIEL WESTERN LEG AND THE ISLAMIC LEG COMBINED AS 1)
Iran backs away from petrodollar: Wants oil sold in Euro-feb 7,16
Iran wants to recover tens of billions of dollars it is owed by India and other buyers of its oil in euros and is billing new crude sales in euros, too, looking to reduce its dependence on the U.S. dollar following last month’s sanctions relief.A source at state-owned National Iranian Oil Co (NIOC) told Reuters that Iran will charge in euros for its recently signed oil contracts with firms including French oil and gas major Total, Spanish refiner Cepsa and Litasco, the trading arm of Russia’s Lukoil.“In our invoices we mention a clause that buyers of our oil will have to pay in euros, considering the exchange rate versus the dollar around the time of delivery,” the NIOC source said.Lukoil and Total declined to comment, while Cepsa did not respond to a request for comment.Iran has also told its trading partners who owe it billions of dollars that it wants to be paid in euros rather than U.S. dollars, said the person, who has direct knowledge of the matter.Iran was allowed to recover some of the funds frozen under U.S.-led sanctions in currencies other than dollars, such as the Omani rial and UAE dhiram.Switching oil sales to euros makes sense as Europe is now one of Iran’s biggest trading partners.“Many European companies are rushing to Iran for business opportunities, so it makes sense to have revenue in euros,” said Robin Mills, chief executive of Dubai-based Qamar Energy.Iran has pushed for years to have the euro replace the dollar as the currency for international oil trade. In 2007, Tehran failed to persuade OPEC members to switch away from the dollar, which its then President Mahmoud Ahmadinejad called a “worthless piece of paper”.The NIOC source said Iran’s central bank instituted a policy while the country was under sanctions over its disputed nuclear program to carry out foreign trade in euros.“Iran shifted to the euro and canceled trade in dollars because of political reasons,” the source said.-BOOST FOR EURO TRADE-Iran has the world’s fourth-largest proved reserves of crude oil, and expects to quickly increase production, which could lead to tens of billions of euros worth of new oil trade.Iran’s insistence on being paid in euros rather than dollars is also a sign of an uneasy truce between Tehran and Washington even after last month’s lifting of most sanctions.U.S. officials estimate about $100 billion (69 billion pound) of Iranian assets were frozen abroad, around half of which Tehran could access as a result of sanctions relief.It is not clear how much of those funds are oil dues that Iran would want back in euros.India owes Tehran about $6 billion for oil delivered during the sanctions years.Last month, NIOC’s director general for international affairs told Reuters that Iran “would prefer to receive (oil money owed) in some foreign currency, which for the time being is going to be euro.”Indian government sources confirmed Iran is looking to be paid in euros.Tehran has asked to be paid using the exchange rates at the time the oil was delivered, along with interest for those payment delays, Indian and Iranian sources said.Indian officials are working on a mechanism that could involve local banks United Commercial Bank (UCO) and IDBI Bank for handling payments to Iran, one Indian government source said.UCO CEO R.K. Takkar said the bank is involved in payments to Iran, but did not say if there were any plans to change the payment mechanism. IDBI CEO Kishor Kharat could not be reached for comment.India could also try to resume payments through Turkey’s Halkbank, a channel it stopped using in 2012, or by direct transfer to Iranian banks through the global SWIFT transaction network.With Iran now again linking to international lenders through SWIFT, the NIOC source said it was easy for Tehran to be paid in any currency it wants, adding: “And we want euros.”
Saudi, Venezuela Oil Ministers Hold ‘Successful’ Talks on Market-Wael Mahdi-February 7, 2016 — 9:54 AM EST-bloomberg
Saudi Arabian Oil Minister Ali al-Naimi said he held “successful” talks with his Venezuelan counterpart about ways of cooperating to stabilize the crude market, without saying what steps producers should take to shore up prices.The two ministers, who met on Sunday in Riyadh, discussed Venezuelan Oil Minister Eulogio Del Pino’s recent discussions with other crude producers and the results of those meetings that seek cooperation among suppliers to bring stability to the market, the Saudi ministry said in an e-mailed statement. Venezuela and Saudi Arabia, the biggest exporter, are both members of OPEC, which supplies about 40 percent of the world’s oil.“I’m very happy to meet and consult with my colleague Venezuelan Oil Minister Eulogio Del Pino,” Naimi said in the statement. “It was a successful meeting in a positive atmosphere,” he said, without elaborating.Del Pino met with al-Naimi after visiting Russia, Iran, Qatar, and Oman on a tour to drum up support for Venezuela’s attempt to buttress oil prices. Saudi Arabia is the largest producer in the Organization of Petroleum Exporting Countries and led the group’s strategy in 2014 to defend market share against rival high-cost producers, including U.S. shale drillers, instead of defending oil prices.Benchmark Brent crude fell 35 percent in 2015 and a further 8.6 percent this year. The contract finished 40 cents lower on Friday at $34.06 as barrel in London.
More Wall Street Strategists Are Cutting Their S&P 500 Estimates-Joseph Ciolli-Oliver Renick-Lu Wang-February 7, 2016 — 12:00 AM EST-bloomberg
Amid the normal consensus of bullish calls for stocks in 2016, evidence is mounting that Wall Street strategists are losing their resolve as everything from China to oil and interest rates roil markets.Just five weeks into 2016, seven of the 21 strategists tracked by Bloomberg have lowered their projections for the Standard & Poor’s 500 Index amid a rout that wiped more than $2 trillion from prices. The cuts have reduced the average annual estimate, the first time that’s happened this early in a year since the Iraq war in 2003.Trepidation among forecasters renowned for their unabashed bullishness adds to worries at a time when surprises are piling up, from the worst January in seven years to repeated bank stock selloffs and wild swings in the price of oil. The gap between the highest and lowest strategist estimate has swelled to 325 points, the biggest spread at this point since 2012.“The reason there’s more divergence among forecasters is that equity strategists have a huge problem with predicting two wild cards right now: China and oil,” said Michael Purves, chief global strategist at Weeden & Co. in Greenwich, Connecticut. “We obviously need earnings growth, but that’s oil-dependent, and China is a huge sentiment factor and a global growth contributor. Central banks can take the edge off a little bit but they can’t directly address the two.”The S&P 500 is down 8 percent in 2016, the worst start to a year since 2008. Investors have been troubled by a decline in crude, which has slipped 50 percent since June, and are concerned about China’s economic slowdown spilling into the rest of the world. Losses in the index have been deepest in 2016 for companies with low credit quality.Corporate earnings also failed to provide relief, with S&P 500 companies on pace to see profit contraction for a third straight quarter. Earnings in the index will slide 4.5 percent for the 2015 fiscal fourth quarter, according to economist estimates compiled by Bloomberg.Seven firms have responded with cuts to their year-end targets, including Canaccord Genuity Inc.’s Tony Dwyer, who was previously Wall Street’s biggest bull. On Jan. 26, Dubravko Lakos-Bujas, head of U.S. equity strategy at JPMorgan Chase & Co., cut the firm’s 2016 forecast by 9.1 percent, citing the potentially negative effect of heightened market volatility on the economy and earnings.The median forecast of strategists surveyed by Bloomberg see the S&P 500 ending 2016 at 2,175, 16 percent above its closing price on Friday. The consensus estimate was 2,245 as recently as Nov. 30.Tobias Levkovich, Citigroup Inc.’s chief U.S. equity strategist, says the S&P 500 could fall as low as 1,870, another 0.5 percent below its current level. While the market has already approached that level once, closing at 1,859.33 on Jan. 20, he sees another dip possible as long as investors remain concerned about economic growth in China and highly correlated trading between stocks and oil.“The toughest problem for people to deal with is oil getting linked with the market,” said Levkovich, who has a year-end forecast of 2,150. “Another one of the biggest risks is with China, with people really worried that it goes through a ‘hard landing.’ We don’t have a singular way to kill these threats.”Levkovich’s 2016 price target is 150 points lower than that of John Stoltzfus, the New York-based chief market strategist at Oppenheimer & Co., who has the second most-bullish estimate compiled by Bloomberg. While Stoltzfus predicts more stock declines in the short-term, he sees a rebound coming in the next couple of months.“Oil has to stabilize, there’s just no doubt about it,” said Stoltzfus. “Overall, cheaper energy for longer is a good thing for both the U.S. and global economies. We would anticipate that any kind of a rebound would likely begin sometime in the second quarter, then carry forth.”In addition to Oppenheimer, at least five of the firms tracked are on the record calling for the S&P 500 to keep falling from its level now only to rebound by year’s end. Among them are Bank of Montreal’s Brian Belski or Weeden & Co.’s Purves, both of whom see the gauge losing another 100 points before reversing course.Growing doubt is a departure from the past two years, when strategists mainly stuck to their bullish predictions. The optimism proved prescient in 2014, as the index rallied 16 percent from February to December. In 2015, stocks erased the first-month loss in February to reach all time-high by May, only to plunge 12 percent through August. Stocks ended last year with the worst performance of the bull market, some 8 percent below where strategists had predicted in January.“People don’t know whether things are OK and the market will bounce back, or if things are beginning to soften,” said John Carey, a Boston-based fund manager at Pioneer Investment Management Inc., which oversees about $230 billion. “People see market turbulence like this and get concerned about what the market might be saying about the economy.”Even with the souring of sentiment this year, the average strategist target remains bullish, implying a 12 percent increase from the S&P 500’s close on Jan. 29. In fact, the gap between the index’s level and the average of analyst targets has grown, as the index has fallen faster than strategists have cut.At the trough of the January selloff, the projection was 357 points higher than the index, a spread that’s been exceeded only at the bottom of the last two bear markets, according to data compiled by Bloomberg that goes back to 1999.“Strategists eventually capitulated and followed the market lower” in 2001 and 2008, Michael Shaoul, chief executive officer at Marketfield Asset Management LLC in New York, wrote in a note Thursday. “A universe of two hardly makes an unbreakable rule, but there are an increasing number of similarities between the current state of markets and those in the early stages of prior long and powerful declines.”
23 Thus he said, The fourth beast (EU,REVIVED ROME) shall be the fourth kingdom upon earth,(7TH WORLD EMPIRE) which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces.(TRADING BLOCKS-10 WORLD REGIONS/TRADE BLOCS)
24 And the ten horns out of this kingdom are ten kings(10 NATIONS-10 WORLD DIVISION WORLD GOVERNMENT) that shall arise: and another shall rise after them; and he shall be diverse from the first, and he shall subdue three kings.(THE EU (EUROPEAN UNION) TAKES OVER IRAQ WHICH HAS SPLIT INTO 3-SUNNI-KURD-SHIA PARTS-AND THE REVIVED ROMAN EMPIRE IS BROUGHT BACK TOGETHER-THE TWO LEGS OF DANIEL WESTERN LEG AND THE ISLAMIC LEG COMBINED AS 1)
Iran backs away from petrodollar: Wants oil sold in Euro-feb 7,16
Iran wants to recover tens of billions of dollars it is owed by India and other buyers of its oil in euros and is billing new crude sales in euros, too, looking to reduce its dependence on the U.S. dollar following last month’s sanctions relief.A source at state-owned National Iranian Oil Co (NIOC) told Reuters that Iran will charge in euros for its recently signed oil contracts with firms including French oil and gas major Total, Spanish refiner Cepsa and Litasco, the trading arm of Russia’s Lukoil.“In our invoices we mention a clause that buyers of our oil will have to pay in euros, considering the exchange rate versus the dollar around the time of delivery,” the NIOC source said.Lukoil and Total declined to comment, while Cepsa did not respond to a request for comment.Iran has also told its trading partners who owe it billions of dollars that it wants to be paid in euros rather than U.S. dollars, said the person, who has direct knowledge of the matter.Iran was allowed to recover some of the funds frozen under U.S.-led sanctions in currencies other than dollars, such as the Omani rial and UAE dhiram.Switching oil sales to euros makes sense as Europe is now one of Iran’s biggest trading partners.“Many European companies are rushing to Iran for business opportunities, so it makes sense to have revenue in euros,” said Robin Mills, chief executive of Dubai-based Qamar Energy.Iran has pushed for years to have the euro replace the dollar as the currency for international oil trade. In 2007, Tehran failed to persuade OPEC members to switch away from the dollar, which its then President Mahmoud Ahmadinejad called a “worthless piece of paper”.The NIOC source said Iran’s central bank instituted a policy while the country was under sanctions over its disputed nuclear program to carry out foreign trade in euros.“Iran shifted to the euro and canceled trade in dollars because of political reasons,” the source said.-BOOST FOR EURO TRADE-Iran has the world’s fourth-largest proved reserves of crude oil, and expects to quickly increase production, which could lead to tens of billions of euros worth of new oil trade.Iran’s insistence on being paid in euros rather than dollars is also a sign of an uneasy truce between Tehran and Washington even after last month’s lifting of most sanctions.U.S. officials estimate about $100 billion (69 billion pound) of Iranian assets were frozen abroad, around half of which Tehran could access as a result of sanctions relief.It is not clear how much of those funds are oil dues that Iran would want back in euros.India owes Tehran about $6 billion for oil delivered during the sanctions years.Last month, NIOC’s director general for international affairs told Reuters that Iran “would prefer to receive (oil money owed) in some foreign currency, which for the time being is going to be euro.”Indian government sources confirmed Iran is looking to be paid in euros.Tehran has asked to be paid using the exchange rates at the time the oil was delivered, along with interest for those payment delays, Indian and Iranian sources said.Indian officials are working on a mechanism that could involve local banks United Commercial Bank (UCO) and IDBI Bank for handling payments to Iran, one Indian government source said.UCO CEO R.K. Takkar said the bank is involved in payments to Iran, but did not say if there were any plans to change the payment mechanism. IDBI CEO Kishor Kharat could not be reached for comment.India could also try to resume payments through Turkey’s Halkbank, a channel it stopped using in 2012, or by direct transfer to Iranian banks through the global SWIFT transaction network.With Iran now again linking to international lenders through SWIFT, the NIOC source said it was easy for Tehran to be paid in any currency it wants, adding: “And we want euros.”
Saudi, Venezuela Oil Ministers Hold ‘Successful’ Talks on Market-Wael Mahdi-February 7, 2016 — 9:54 AM EST-bloomberg
Saudi Arabian Oil Minister Ali al-Naimi said he held “successful” talks with his Venezuelan counterpart about ways of cooperating to stabilize the crude market, without saying what steps producers should take to shore up prices.The two ministers, who met on Sunday in Riyadh, discussed Venezuelan Oil Minister Eulogio Del Pino’s recent discussions with other crude producers and the results of those meetings that seek cooperation among suppliers to bring stability to the market, the Saudi ministry said in an e-mailed statement. Venezuela and Saudi Arabia, the biggest exporter, are both members of OPEC, which supplies about 40 percent of the world’s oil.“I’m very happy to meet and consult with my colleague Venezuelan Oil Minister Eulogio Del Pino,” Naimi said in the statement. “It was a successful meeting in a positive atmosphere,” he said, without elaborating.Del Pino met with al-Naimi after visiting Russia, Iran, Qatar, and Oman on a tour to drum up support for Venezuela’s attempt to buttress oil prices. Saudi Arabia is the largest producer in the Organization of Petroleum Exporting Countries and led the group’s strategy in 2014 to defend market share against rival high-cost producers, including U.S. shale drillers, instead of defending oil prices.Benchmark Brent crude fell 35 percent in 2015 and a further 8.6 percent this year. The contract finished 40 cents lower on Friday at $34.06 as barrel in London.
More Wall Street Strategists Are Cutting Their S&P 500 Estimates-Joseph Ciolli-Oliver Renick-Lu Wang-February 7, 2016 — 12:00 AM EST-bloomberg
Amid the normal consensus of bullish calls for stocks in 2016, evidence is mounting that Wall Street strategists are losing their resolve as everything from China to oil and interest rates roil markets.Just five weeks into 2016, seven of the 21 strategists tracked by Bloomberg have lowered their projections for the Standard & Poor’s 500 Index amid a rout that wiped more than $2 trillion from prices. The cuts have reduced the average annual estimate, the first time that’s happened this early in a year since the Iraq war in 2003.Trepidation among forecasters renowned for their unabashed bullishness adds to worries at a time when surprises are piling up, from the worst January in seven years to repeated bank stock selloffs and wild swings in the price of oil. The gap between the highest and lowest strategist estimate has swelled to 325 points, the biggest spread at this point since 2012.“The reason there’s more divergence among forecasters is that equity strategists have a huge problem with predicting two wild cards right now: China and oil,” said Michael Purves, chief global strategist at Weeden & Co. in Greenwich, Connecticut. “We obviously need earnings growth, but that’s oil-dependent, and China is a huge sentiment factor and a global growth contributor. Central banks can take the edge off a little bit but they can’t directly address the two.”The S&P 500 is down 8 percent in 2016, the worst start to a year since 2008. Investors have been troubled by a decline in crude, which has slipped 50 percent since June, and are concerned about China’s economic slowdown spilling into the rest of the world. Losses in the index have been deepest in 2016 for companies with low credit quality.Corporate earnings also failed to provide relief, with S&P 500 companies on pace to see profit contraction for a third straight quarter. Earnings in the index will slide 4.5 percent for the 2015 fiscal fourth quarter, according to economist estimates compiled by Bloomberg.Seven firms have responded with cuts to their year-end targets, including Canaccord Genuity Inc.’s Tony Dwyer, who was previously Wall Street’s biggest bull. On Jan. 26, Dubravko Lakos-Bujas, head of U.S. equity strategy at JPMorgan Chase & Co., cut the firm’s 2016 forecast by 9.1 percent, citing the potentially negative effect of heightened market volatility on the economy and earnings.The median forecast of strategists surveyed by Bloomberg see the S&P 500 ending 2016 at 2,175, 16 percent above its closing price on Friday. The consensus estimate was 2,245 as recently as Nov. 30.Tobias Levkovich, Citigroup Inc.’s chief U.S. equity strategist, says the S&P 500 could fall as low as 1,870, another 0.5 percent below its current level. While the market has already approached that level once, closing at 1,859.33 on Jan. 20, he sees another dip possible as long as investors remain concerned about economic growth in China and highly correlated trading between stocks and oil.“The toughest problem for people to deal with is oil getting linked with the market,” said Levkovich, who has a year-end forecast of 2,150. “Another one of the biggest risks is with China, with people really worried that it goes through a ‘hard landing.’ We don’t have a singular way to kill these threats.”Levkovich’s 2016 price target is 150 points lower than that of John Stoltzfus, the New York-based chief market strategist at Oppenheimer & Co., who has the second most-bullish estimate compiled by Bloomberg. While Stoltzfus predicts more stock declines in the short-term, he sees a rebound coming in the next couple of months.“Oil has to stabilize, there’s just no doubt about it,” said Stoltzfus. “Overall, cheaper energy for longer is a good thing for both the U.S. and global economies. We would anticipate that any kind of a rebound would likely begin sometime in the second quarter, then carry forth.”In addition to Oppenheimer, at least five of the firms tracked are on the record calling for the S&P 500 to keep falling from its level now only to rebound by year’s end. Among them are Bank of Montreal’s Brian Belski or Weeden & Co.’s Purves, both of whom see the gauge losing another 100 points before reversing course.Growing doubt is a departure from the past two years, when strategists mainly stuck to their bullish predictions. The optimism proved prescient in 2014, as the index rallied 16 percent from February to December. In 2015, stocks erased the first-month loss in February to reach all time-high by May, only to plunge 12 percent through August. Stocks ended last year with the worst performance of the bull market, some 8 percent below where strategists had predicted in January.“People don’t know whether things are OK and the market will bounce back, or if things are beginning to soften,” said John Carey, a Boston-based fund manager at Pioneer Investment Management Inc., which oversees about $230 billion. “People see market turbulence like this and get concerned about what the market might be saying about the economy.”Even with the souring of sentiment this year, the average strategist target remains bullish, implying a 12 percent increase from the S&P 500’s close on Jan. 29. In fact, the gap between the index’s level and the average of analyst targets has grown, as the index has fallen faster than strategists have cut.At the trough of the January selloff, the projection was 357 points higher than the index, a spread that’s been exceeded only at the bottom of the last two bear markets, according to data compiled by Bloomberg that goes back to 1999.“Strategists eventually capitulated and followed the market lower” in 2001 and 2008, Michael Shaoul, chief executive officer at Marketfield Asset Management LLC in New York, wrote in a note Thursday. “A universe of two hardly makes an unbreakable rule, but there are an increasing number of similarities between the current state of markets and those in the early stages of prior long and powerful declines.”
China forex reserves fall almost $100 bn in January-AFP-feb 7,16-yahoonews
Beijing (AFP) - China’s foreign exchange reserves have fallen to their lowest level in more than three years, the central bank said Sunday, as Beijing sells dollars to stop the yuan from depreciating further.The world's largest currency hoard shrank by $99.5 billion in January to some $3.2 trillion, the People’s Bank of China said on its website, the lowest since May 2012.Worries about China's economy have pushed the yuan to a five-year low. The country saw its first-ever annual decline in foreign exchange reserves last year as Beijing tried to prevent a more drastic devaluation.The PBoC is selling dollars to buy yuan amid a capital flight spurred by the slowing growth in the world's second largest economy.But some analysts predict a more drastic weakening of the yuan this year and question China's ability to continue rapidly shedding the reserves."While the remaining reserves represent a substantial war chest, the rapid pace of depletion in recent months is simply unsustainable," IHS Global Insight economist Rajiv Biswas told Bloomberg News.Outflows increased "as expectations mount that the PBoC will eventually be forced to capitulate once its reserves are sufficiently depleted", he added.George Magnus, economic commentator and associate at Oxford University's China Centre, wrote on Twitter: "China's fx reserves fell another $100bn... clearly this can't go on for long."The pace of decline in the reserves in January was slower than December, which at some $108 billion was the largest monthly drop on record.China has also tightened some capital controls to try to curb outflows."The smaller decline in the reserves suggests that some capital outflow restrictions imposed in January worked," Shen Jianguang, chief Asia economist at Mizuho Securities, wrote in a note.The drop in February will be much smaller, he added.China has set its growth target for this year at between 6.5-7 percent, the top economic planner said Wednesday, an acknowledgement that expansion -- already at its slowest pace in 25 years -- will continue to weaken.Global investors are closely watching the slowdown in the world's second largest economy, which has created turbulence in world markets.
Beijing (AFP) - China’s foreign exchange reserves have fallen to their lowest level in more than three years, the central bank said Sunday, as Beijing sells dollars to stop the yuan from depreciating further.The world's largest currency hoard shrank by $99.5 billion in January to some $3.2 trillion, the People’s Bank of China said on its website, the lowest since May 2012.Worries about China's economy have pushed the yuan to a five-year low. The country saw its first-ever annual decline in foreign exchange reserves last year as Beijing tried to prevent a more drastic devaluation.The PBoC is selling dollars to buy yuan amid a capital flight spurred by the slowing growth in the world's second largest economy.But some analysts predict a more drastic weakening of the yuan this year and question China's ability to continue rapidly shedding the reserves."While the remaining reserves represent a substantial war chest, the rapid pace of depletion in recent months is simply unsustainable," IHS Global Insight economist Rajiv Biswas told Bloomberg News.Outflows increased "as expectations mount that the PBoC will eventually be forced to capitulate once its reserves are sufficiently depleted", he added.George Magnus, economic commentator and associate at Oxford University's China Centre, wrote on Twitter: "China's fx reserves fell another $100bn... clearly this can't go on for long."The pace of decline in the reserves in January was slower than December, which at some $108 billion was the largest monthly drop on record.China has also tightened some capital controls to try to curb outflows."The smaller decline in the reserves suggests that some capital outflow restrictions imposed in January worked," Shen Jianguang, chief Asia economist at Mizuho Securities, wrote in a note.The drop in February will be much smaller, he added.China has set its growth target for this year at between 6.5-7 percent, the top economic planner said Wednesday, an acknowledgement that expansion -- already at its slowest pace in 25 years -- will continue to weaken.Global investors are closely watching the slowdown in the world's second largest economy, which has created turbulence in world markets.
EARTHQUAKES
EZEKIEL 37:7,11-14
7 So I prophesied as I was commanded: and as I prophesied, there was a noise, and behold a shaking, and the bones came together, bone to his bone.(POSSIBLE QUAKE BRINGS ISRAEL BACK TO LIFE-SO NOISE AND SHAKING-QUAKES WILL ALSO DESTROY ISRAELS ENEMIES)
11 Then he said unto me, Son of man, these bones are the whole house of Israel: behold, they say, Our bones are dried, and our hope is lost: we are cut off for our parts.
12 Therefore prophesy and say unto them, Thus saith the Lord GOD; Behold, O my people, I will open your graves, and cause you to come up out of your graves, and bring you into the land of Israel.
13 And ye shall know that I am the LORD, when I have opened your graves, O my people, and brought you up out of your graves,
14 And shall put my spirit in you, and ye shall live, and I shall place you in your own land: then shall ye know that I the LORD have spoken it, and performed it, saith the LORD.
MATTHEW 24:7-8
7 For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places.
8 All these are the beginning of sorrows.
MARK 13:8
8 For nation shall rise against nation, and kingdom against kingdom:(ETHNIC GROUP AGAINST ETHNIC GROUP) and there shall be earthquakes in divers places, and there shall be famines and troubles: these are the beginnings of sorrows.
LUKE 21:11
11 And great earthquakes shall be in divers places,(DIFFERNT PLACES AT THE SAME TIME) and famines, and pestilences; and fearful sights and great signs shall there be from heaven.
UPDATE-FEBRUARY 08, 2016-11:55PM
1 Day, Magnitude 2.5+ Worldwide
32 earthquakes - DownloadUpdated: 2016-02-08 00:01:07 UTCShowing event times using UTC32 earthquakes in map area
4.6 62km SSW of Cikai, China 2016-02-07 23:31:10 UTC 17.9 km
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