Joe Hoyle (11
Apr 2008)
"My Chief Tribulation Road
Sign"
Hello,
I trade in the commodities markets.
My preference is the grain marks primarily and the livestock
markets secondarily.
I used to love trading, and once had a keen interest
in those markets.
But I no longer love it, nor do I have the passion
for it that I once had.
I still do have an interest in it, but the real keen
interest is gone.
But I still do the daily work required to keep up with
things.
Now it's more about economic and financial necessity;
but I still like it.
Markets like the three Wheat markets; as well Corn, Oats,
Rice, Barley, Soybeans, Soybean meal, and Soybean Oil, along with Canola,
Just the same, I do have a keen interest in the global
grain shortage that's shaping up, and is under way, as has been discussed
by others around here.
This is Biblical, and it's prophetic; and it's the Book
of Revelation starting to take place before our eyes, and it will
be affecting all of us shortly--everywhere.
So it no accident that Revelation 6:6 would be my chief
tribulation sign.
It's found within the Third Seal, and the Black Horse
of death is riding within it.
<<<<< 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. >>>>>
Now here is where it gets interesting.
My old Bible has some excellent foot notes and commentary.
According to the footnotes, the Revelation measure of
Wheat for a penny is worth $41.80 per bushel in modern terms.
While three measures of Barley would be worth $32.50
per bushel by the same terms.
(The reason for the differences in price and measure
is because it takes more Barley kernels to make up a bushel, than it does
for Wheat kernels)
My Bible's copyright was 1975.
So I have wondered if the footnote prices is a fixed
stationary price, that is worth the same now, as it was back in 1974-75.....or,
are those prices adjusted for inflation?
If by chance the 41.80 Wheat and 32.50 Barley is actually
inflation adjusted, that would be an inflation rate rise of at least 324.50%
between 1974 and the 1st quarter of 2008.
That would then put Wheat right at $182.80 per
bushel, and Barley right at $142.15 per bushel.
At those prices, our bread buying days would be pretty
much over for sure.
Regardless, most everyone knows that the grains have
had the biggest historic run-up in prices in World history, and the Corn
market is currently still pushing up it's historic price level, as is Rice
I believe.
One of the three Wheat markets (Hard Spring) soared above
$22.00 per bushel, before all three pulled back to lower levels where they
appear temporarily stabilized.
So what does the future hold from here?
Nothing but bad and worse news per Revelation.
Pundits are speculating that Wheat prices will go to
$50.00 per bushel within 18 to 24 months.
If that $41.80 Wheat price per bushel is stationary,
and if we are still around when that event happens, then we can pretty
much say for a certainty that we are in the Tribulation period.
No one will be able to dress things up any other way,
and at that point the pre-trib doctrine can be said to be more or less
moot--and false.
By the way, a bushel of Barley as of today is only going
for $4.70-.75 per bushel, which is up again, about 0.50 cents higher
since yesterday.
Which, while still high by historic standards, is still
nowhere near the $32.50 per bushel called for in Revelation; but Barley
is still currently moving higher in tandem with Corn, and it will get there;
simply because the Bible says that it will.
We'll see in the weeks and months ahead how things will
shake out.
Hang on tight.