“Oil is Replacing the U.S. Dollar in International Importance”
Oil WILL QUICKLY Hang The Dollar AFTER Jerusalem Falls
When Saudi ruling family is replaced by internal Revolt
As Cairo falls to the Islamic Mahdi leading 10 Horns
Across the northern coastline of the Sinai Desert
Conquering Suez Canal during a western Trek
April 7, 2011
http://www.tribulationperiod.com/
During the cold war it became obvious to me that oil would one day end the reign of the American dollar. I did not know when, but I knew it had to happen because the gallows for its hanging was being built by Islam in the Middle East.
The gallows has been completed, and the fall of the royal family is eventually assured when the 10 Islamic horns, led by Antichrist, conquers Jerusalem on its way to conquer the Suez Canal, Cairo, and Egypt. The current oil scare will pass, but when Jerusalem falls, probably between 2013 and 2015, the royal family of Saudi Arabia will be replaced, and oil prices will sky rocket. However, if the Antichrist is as smart as I think he will be, he will quickly announce a lowering of oil prices in order to gain worldwide acceptance of his actions, and to keep the U.S., Europe, Russia, and China assured of a continuing supply of oil.
“Oil is Replacing the U.S. Dollar in International Importance” is a quote from my first published book, “Tectonic Chaos,” which I finished in 1976.
Begin 1976 Quote from Page 78 of “Tectonic Chaos”
Revelation 13:1 – And I stood upon the sand of the sea, and saw a beast rise up out of the sea, having SEVEN HEADS and ten horns, and upon his horns ten crowns, and upon his heads the name of blasphemy.
The seven heads of the Beast in Revelation 13:1 represent six great world governments that of the past in which Satan has been actively involved.
The seventh world government is now rising again at the present time around Israel and will soon produce the Antichrist. Prior to God separating from His wife, the nation of Israel, six great world Kingdoms that existed before, and at, the time of the cross are, in chronological order, as follows:
(1) The Egyptian
(2) The Assyrian
(3) The Babylonian
(4) The Medo-Persian
(5) The Grecian
(6) The Roman
The seventh Kingdom will incorporate all the cunning and skill in the arts and sciences that have been handed down from the previous kingdoms.
Man has come a long way since the days of the cruel Pharaoh of the Exodus, but all that modern man has learned is based on the root contributions of these kingdoms – and soon all the knowledge and expertise of sinful mankind will be centered in the final kingdom.
The ten horns of Revelation 13:1 are ten Arab nations who will form the nucleus of the final kingdom, and the ten crowns are the power of the kings that will rile them. For years we have pictured the typical Arab as a scrawny little fellow on a camel in the desert with a comic expression on his face. This viewpoint is quickly changing. Oil is replacing the U.S. dollar in international importance – and soon ten Arab nations will have gained economic control of much of the earth’s wealth. We will not try to s
top them because of the Soviet Union – and the Soviet Union will not try to stop them because of us and Red China. The world power block will block itself as the Arab nations prosper in our midst.
End 1976 Quote from “Tectonic Chaos”
Daniel 11:41-43 – He shall enter also into the glorious land, and many countries shall be overthrown: but these shall escape out of his h and, even Edom,
and Moab, and the chief of the children of Ammon. [42] He shall stretch forth his hand also upon the countries: and the land of Egypt shall not escape. [43] But he shall have power over the treasures of gold and of silver, and over all the precious things of Egypt: and the Libyans and the Ethiopians shall be at his steps.
Begin Excerpt 1 from Reuters via Ha’artz
Ex-Saudi minister: Oil could hit $300 on Saudi unrest
April 6, 2011
Former Saudi oil minister Sheikh Zaki Yamani says that reluctance of people to participate in protests merely conceals underlying discontent.
By Reuters
Oil prices could rocket to $200- $300 a barrel if the world’s top crude exporter Saudi Arabia is hit by serious political unrest, former Saudi oil minister Sheikh Zaki Yamani told Reuters on Tuesday.
Yamani said he saw no immediate sign of further trouble following protests last month calling for political reforms but said that underlying discontent remained unresolved.
“If something happens in Saudi Arabia it will go to $200 to $300. I don’t expect this for the time being, but who would have expected Tunisia?” Yamani told Reuters on the sidelines of a conference of the Centre for Global Energy Studies (CGES ) which he chairs.
“The political events that took place are there and we don’t expect them to finish. I think there are some surprises on the horizon,” he said in a speech.
Saudi King Abdullah offered $93 billion in handouts in March in an effort to stave off unrest rocking the Arab world.
So far, demonstrations in the Kingdom have been small in scale and police were able to easily disperse a Shi’ite protest in the oil-produc
ing eastern province last month.
But Yamani said that the reluctance of people to participate in popular protests was merely concealing underlying discontent.
“Some people relax about the situation in Saudi Arabia because the Saudi Islamic brand prohibits people to go to the street and to talk,” he said.
Yamani, responsible for Saudi oil policy from 1962-1986, famously predicted in 1990 that crude, $20 at the time, could rise to $100 a barrel if Iraq’s invasion of Kuwait led to war.
Begin Excerpt 2 from Reuters via Ha’artz
Brent jumps to 2-1/2 year peak, U.S. oil slips
By Robert Gibbons
NEW YORK | Tue Apr 5, 2011 5:39pm EDT
(Reuters) – Brent crude jumped to a 2-1/2 year peak above $122 a barrel on Tuesday, gaining for a fourth straight day as conflict and unrest in Africa and the Middle East more than offset China’s latest interest rate hike.
U.S. crude futures slipped in choppy trading ahead of weekly inventory reports, hemmed in by the prospect that the reports would show crude stocks rose again last week and more supply arrived at the Cushing, Oklahoma, delivery hub.
Oil and copper slumped early on the threat to demand from another Chinese interest rate hike, the fourth since October.
China’s move, designed to rein in inflation, also pressured Wall Street, which rose for most of the session ending near flat after ate choppy trading.
Brent crude’s premium to U.S. benchmark West Texas Intermediate crude increased to more than $14 intraday for the first time since March 3, but remained below a record $17.12 a barrel reached on March 1.
Brent crude for May rose $1.16 to settle at $122.22 a barrel after reaching $122.89, the highest front-month price since August 2008.
U.S. May crude fell 13 cents to settle at $108.34, unable to reach Monday’s $108.78 intraday peak, which was the highest since September 2008.
“WTI is sputtering a bit ahead of inventory data. But Brent continues to march higher on Middle East/Africa supply outages and concerns,” said Tom Bentz, a broker at BNP Paribas Commodities Futures Inc in New York.
U.S. OIL INVENTORIES
U.S. crude stocks fell 2.8 million barrels in the week to April 1, with stocks at the Cushing delivery point rising 122,000 barrels, the industry group the American Petroleum Institute said in a report released late on Tuesday.
Gasoline stocks rose 568,000 barrels and total distillate stocks fell 1.0 million barrels, the API report said.
Brent and U.S. crude prices were little changed after the report.
Ahead of the API report, an expanded analyst survey on Tuesday expected crude stocks to have risen 1.7 million barrels last week.
Gasoline stocks were expected to be lower by 1.9 million barrels and distillates were seen posting a small 200,000-barrel decline.
The U.S. Energy Information Administration’s inventory report will be released at 10:30 a.m. EDT on Wednesday morning.
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