Thursday, January 07, 2016

 

THE DOW WAS DOWN 252 POINTS WEDNESDAY-YESTERDAY.CHINESE STOCK MARKETS HALTED 2 DAYS IN THE LAST 4.

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
http://israndjer.blogspot.ca/2015/09/bank-related-links.html 
CURRENCIES
http://www.bloomberg.com/markets/currencies
COMMODITIES
http://www.bloomberg.com/markets/commodities 


UPDATE-JANUARY 07,2016-12:00AM

DOW MARKET THURSDAY-JAN 07,2016
09:30AM-267.70-
10:00AM-204.34-
10:30AM-202.20-
11:00AM-112.31-
11:30AM-176.44-
12:00PM-207.70-
12:30PM-211.41-
01:00PM-242.30-
01:30PM-328.34-
02:00PM-353.44
02:30PM-385.22-
03:00PM-370.16-
03:30PM-433.70-
04:00PM-392.41- 16,514.10 - S&P -47.17 1943.09 - NASDAQ -146.34 4689.43
HIGH -110 LOW -444
TSX -278.59 12,448.21 - GOLD $+15.70 $1,109.37 - OIL $-0.65 $33.29

THE DOW IS HAVING ITS WORST START AT THE BEGINING OF A YEAR SINCE 1920.

THE WORLD STOCK MARKETS HAVE LOST 2 TRILLION DOLLARS IN THE FIRST 3 DAYS OF TRADING IN 2016.AND CHINA HAS JUST SAID THEY WILL BE STOPPING THE CIRCUIT BREAKER AS THE PANIC TRADING OCCURS AS A RESULT OF THE CIRCUIT BREAKER CHINA STATED.

China suspends market circuit breakers: reports-Published: Jan 7, 2016 9:57 a.m. ET-By Sara Sjolin-Markets reporter

China Securities Regulatory Commission on Thursday suspended its circuit breaker system, just four days after it was introduced, according to media reports. The system has already led to two trading halts in Chinese stock markets this week and has been criticized for exacerbating volatility rather than fixing it. On Thursday, Chinese equity indexes were halted after just 30 minutes of trade, sending shivers through financial markets globally. U.S. stocks opened with losses of more than 2%, while the Europe Stoxx 600 index SXXP, -2.49% was off 2.3%.


UPDATE-JANUARY 07,2016-12:00AM
THE CHINESE MARKET DROPPED ANOTHER 7% TODAY.AND MARKET TRADING WAS HALTED A HALF HOUR IN.THIS IS THE 2ND TIME IN 4 DAYS THAT THE CHINESE MARKETS WERE STOPPED DUE TO 7% DROPS.TODAY ITS BECAUSE THE CHINESE ARE DEVALUING THEIR CURRENCY AGAIN.AT THE PBOC. 

UPDATE-JANUARY 07,2016-07:37AM
THE FUTURES IN THE US ARE WAY DOWN WITH JUST LESS THEN 2 HOURS BEFORE THE MARKETS OPEN.THE DOW IS DOWN -357 POINTS, THE S&P IS DOWN -43 POINTS AND THE NASDAQ IS DOWN -124 POINTS.AND THE OIL IS AT A 12 YEAR LOW OF $32.79.ITS GOING TO GET UGLY IN THE MARKETS TODAY. AND A BRIEF INFO ON THE CHINESE 7% DROP. IF THIS DROP WAS IN THE NORTH AMERICAN MARKET IT WOULD BE A 20% DROP.AND THE CHINESE MARKET TOMORROW WILL BE LIKE AT A RESTAURANT.YOU BETTER ORDER YOUR FOOD FAST TO GET IT.THE CHINESE WILL BE LOOKING TO GET THEIR SELLOFF IN QUICK TOMORROW BEFORE IT MAXES OUT AT 7% AGAIN.OR SOME ARE SAYING.THE CHINESE SHOULD CHANGE THE STOPPAGE FROM 7% DOWN TO 20%.SO THE CHINESE MARKET CAN FINALLY GET TO ITS BOTTOM-THEN GET BACK TO NORMAL.THE PEOPLE ARE NERVOUS IN THE MARKETS TODAY.LOOKOUT WORLD.THAT BULL WORSHIP OUTSIDE THE DOW STOCK EXCHANGE IN NEW YORK.MIGHT SOON BE A KITTY CAT CLAWING ITS HAIR OUT.FROM GOING INSANE FROM THE STOCK MARKET COLLAPSING TO NAUGHT.CRUDE OIL HAS ITS WORST START TO A YEAR IN HISTORY.
THE STOCK MARKET BULL OUTSIDE THE STOCK MARKET IN NEW YORK.-pic-motasquota.com
THIS SHOULD BE THE NEW STATUE OUTSIDE NEW YORKS STOCK MARKET.A KITTY PULLING ITS HAIR OUT LOOK.AS THE WORLD MARKETS COLLAPSE-pic-radicradioshow.blogspot.com 

Chinese Stocks Halted as Weak Yuan Fixing Deepens Market Turmoil-Bloomberg News-Updated on January 6, 2016 — 11:00 PM EST

The worst start for Chinese markets in two decades showed no signs of letting up after the central bank cut its yuan reference rate by the most since August, sparking a selloff in stocks that forced the $6.6 trillion market to shut early.China’s CSI 300 Index plunged 7.2 percent before bourses were halted by circuit breakers in the first half hour of trading, while the onshore yuan weakened 0.6 percent versus the dollar to a five-year low. The People’s Bank of China cut its reference rate on Thursday for an eighth straight day, fueling concern that tepid economic growth is prompting authorities to guide the currency lower.While a weaker yuan would support China’s flagging export sector, it also boosts risks for the nation’s foreign-currency borrowers and heightens speculation that the slowdown in Asia’s biggest economy is deeper than official data suggest. An unexpected yuan devaluation in August roiled global markets on concern the move would trigger a currency war and exacerbate deflationary pressures in the developed world.“This is insane,” said Chen Gang, the chief investment officer at Shanghai Heqi Tongyi Asset Management Co., which manages about 300 million yuan ($46 million). “We liquidated all our holdings this morning” after stocks hit stop-loss levels, he said.-Circuit Breakers-China’s stock exchanges closed at 9:59 a.m. local time, just 29 minutes after markets opened, as the CSI 300 extended this year’s decline to 12 percent. Trading was halted for half the morning after a 5 percent drop triggered an earlier suspension. China’s markets are normally open from 9:30 a.m. to 3 p.m., with a 90-minute break in the middle.The new circuit breakers, which also kicked in on Monday, have been criticized by analysts for exacerbating declines as investors scramble to exit positions before getting locked in by the halts. Policy makers need to “gradually explore, gain experience and make adjustment” to the rules, China Securities Regulatory Commission spokesman Deng Ge said in a statement on Tuesday.“Unfortunately, the market rules -- in this case circuit breakers -- aren’t allowing for people to seek a rational vantage point,” Brett McGonegal, co-chief executive officer of Reorient Group Ltd. in Hong Kong. “Once the 5 percent halt is lifted, the selling frenzy is already queued up.”-Investors Spooked- The yuan weakened 0.6 percent to 6.5927 per dollar at 11:34 a.m. local time in Shanghai. The currency rallied from early declines in offshore trading, strengthening 0.5 percent in Hong Kong amid suspected intervention.“The yuan’s depreciation has exceeded investors’ expectations,” said Wang Zheng, the Shanghai-based chief investment officer at Jingxi Investment Management Co. “Investors are getting spooked by the declines, which will spur capital outflows.”The People’s Bank of China has been burning through its foreign-exchange reserves to prop up the currency, with the stockpile recording its first-ever annual decline last year, as the central bank sold dollars in both the onshore and offshore markets. The support has been more sporadic since early December after China succeeded in persuading the International Monetary Fund to admit the yuan into its reserves basket.-Soft Data-China is due to report foreign-currency reserves on Thursday, with the median estimate in a Bloomberg survey predicting a $23 billion decline in December. Government data next week are forecast to show Chinese exports shrank for a sixth straight month in December. The private Caixin Media and Markit Economics Chinese services gauge fell to a 17-month low, according to a report released Wednesday.“There have been a lot of concerns lately about the economy, with the data coming in rather soft,” said Gerry Alfonso, a trader at Shenwan Hongyuan Group Co. in Shanghai. “The volatility in the FX market amplifies those macro concerns and that’s clearly not a positive for the stock market.”Global investors shouldn’t necessarily interpret losses in Chinese markets as a signal that the economy is worsening, according to Bloomberg Intelligence economist Tom Orlik. He said on Wednesday that early data for December point to stabilization and authorities still have room for stimulus. Futures on the Standard & Poor’s 500 Index dropped 1.2 percent on Thursday, while the MSCI Asia Pacific Index declined 1.9 percent. Copper retreated 0.6 percent in London and oil slid 2.7 percent in New York.

China Halts Stock Trading After 7% Rout Triggers Circuit Breaker-Bloomberg News-Updated on January 6, 2016 — 9:05 PM EST


Chinese stock exchanges closed early for the second time this week after the CSI 300 Index plunged more than 7 percent.Trading of shares and index futures was halted by automatic circuit breakers from about 9:59 a.m. local time. Stocks fell after China’s central bank weakened the currency’s daily reference rate by the most since August.“The yuan’s depreciation has exceeded investors’ expectations,” said Wang Zheng, Shanghai-based chief investment officer at Jingxi Investment Management Co. “Investors are getting spooked by the declines, which will spur capital outflows.”Under the mechanism which became effective Monday, a move of 5 percent in the CSI 300 triggers a 15-minute halt for stocks, options and index futures, while a move of 7 percent close the market for the rest of the day. The CSI 300 of companies listed in Shanghai and Shenzhen fell as much as 7.2 percent before trading was suspended.Chinese stocks in Hong Kong, which doesn’t have circuit breakers, slumped 4.4 percent. The offshore yuan fell to a five-year low before erasing losses.

Offshore Chinese yuan plunges to five-year low-CNBC By Neelabh Chaturvedi and Nyshka Chandran-JAN 6,16-YAHOONEWS

The Chinese yuan (Exchange: CNHUSD=) plunged to a five-year low in offshore trading and the gap between it and its mainland counterpart widened sharply on Wednesday, reflecting growing expectations of further weakness in the currency amid an economic slowdown and a slump in stock markets.The offshore yuan fell to 6.6915 against the greenback, the lowest rate of exchange since at least the last quarter of 2010 and a 2.1 percent discount to the onshore yuan's 6.5506 level. While the yuan is primarily traded on the mainland and subject to strict central bank supervision, its offshore counterpart is accessible to everyone." The spread between the onshore and offshore yuan has now reached some of the highest levels in the pair's history – a clear indication of both volatility and intervention," said Angus Nicholson, a market strategist at IG.Markets generally expect the onshore yuan to continue depreciating against the dollar on the back of sluggish growth prospects, accelerating capital outflows and demand for overseas assets."The combination of weak cyclical and structural forces is seen working against the currency," HSBC analysts said in a research note. "In the near-term, there could be stronger dollar demand against the onshore yuan as the latter's depreciation expectations remain entrenched."The latest trigger for the slump came after the People's Bank of China (PBOC) set the onshore yuan midpoint rate at 6.5314 per dollar, the weakest fixing since 2011.The fix represented a 0.22 percent decline from the previous session, a faster pace than witnessed recently. This was despite Tuesday's suspected intervention by the central bank to halt currency declines. Analysts said the somewhat confusing message—buying yuan in the secondary market only to guide it lower the next day—was part of the PBOC's plan to let the onshore yuan reflect market forces."To achieve a more market-balanced yuan, the PBOC has to ensure an orderly depreciation before they can see an eventual appreciation in the currency," explained Maybank analysts in a note, calling the increased volatility "a natural order of change."The widening spread between the offshore and onshore rates may be used as a gauge as to how much more the latter will have to adjust before it reaches an equilibrium level, Maybank added."In fact, we think that the next time the offshore and onshore rates converge completely, it could mark the beginning of the end of the offshore yuan."The two rates have converged numerous times during the last five years, most recently around the 6.35 level last October.A sharp fall in the onshore yuan would test the resolve of policymakers around the world, just months after the International Monetary Fund's (IMF) executive board announced plans to include the currency in its Special Drawing Rights (SDR) basket.A sustained weakness in the currency could also hasten capital outflows that have already bedeviled financial markets. And falls in the yuan, coupled with the strength in the dollar, could increase political friction ahead of U.S. Presidential elections.A resolute defense of the onshore yuan also comes at a cost.Continuing to prop it up would take a toll on China's (still sizable) foreign exchange reserves, while straining the amount of spare cash in the banking system. Plus, excessive meddling in financial markets is bound to raise doubts on China's commitment to market reforms.Still, some analysts believe there are risks that the onshore yuan falls more slowly onshore due to central bank interventions, which could derail the PBOC's target of a more free currency."Depreciation could result in a global market sell-off that ranges from Asia FX to broad equity market weakness," warned Nomura analysts in a recent note, adding that increased widening of onshore/ offshore rates could also prompt authorities to intervene in offshore rates.Maybank is betting the yuan to hit 6.7 per dollar by year-end while Nomura sees it at fair value of 6.9.Follow CNBC International on Twitter and Facebook.

Why oil will keep breaking down-CNBC By Patti Domm-JAN 6,16-YAHOONEWS

Oil is collapsing amid fears that tensions between Iran and Saudi Arabia will lead to a deeper price war in an oversupplied crude market — rather than a shooting war in the Middle East.Tensions are at decades highs between Saudi Arabia and Iran , but the market is more focused on the likelihood that the two will drive more oil into an already oversupplied market and that Iran will undermine an already weak pricing environment with discounts.The flare-up between the world's largest oil exporter and Iran comes as global supply shows no signs of ebbing — and global growth keeps coming up weak.Read More Oil sheds more than 5.5 percent to 2008 low-While there was a drawdown in oil supply, there was another build in stocks at Cushing, Oklahoma, the physical hub for Nymex crude, and that fanned continued concerns about strains in global storage capacity.Read More Commentary: Time for an oil industry bailout? Chinese data this week showed continued weakness in manufacturing, and one survey suggested sluggishness in the service sector. That and concerns about devaluation of the yuan weighed broadly on the energy and other markets.But the irony is that geopolitical headlines that once were guaranteed to inject a quick pop into oil prices have done nothing. The rift over Saudi Arabia's execution of a Shiite cleric moved crude higher for just a few hours Monday before worries about the Chinese economy reversed gains."It's part of a 30-year war," said Edward Morse, global head of commodities research at Citigroup. "It's not going to go away. It will flare up from time to time, but I don't think it's going to flare up into direct confrontation that has to be worried about."The situation intensified after Saudi Arabia on Sunday, and then some of its allies in the Gulf, broke diplomatic ties with Iran. That was after after a mob in Tehran burned the Saudi embassy, and Iran's supreme leader said there would be divine vengeance against Saudi Arabia's Sunni royal family.Read More Fill 'er up! Gasoline set to tank-"People were confused by some of the reporting around the Saudi-Iran row, but I think it's clear now that it's an intense throw down over market share," said John Kilduff of Again Capital.Brent crude futures for February (Intercontinental Exchange Europe: @LCO.1) sank more than 5 percent Wednesday, trading as low as $34.13, an 11-year low, and West Texas Intermediate crude futures (New York Mercantile Exchange: @CL.1) also lost more than 5 percent to settle at $33.97 per barrel, a seven-year low.The market share battle has been apparent in comments from both Iran and Saudi Arabia. Iran has been strident in touting it would immediately bring 500,000 barrels to market when sanctions against its nuclear program lift, and that it will bring on another 500,000 as soon as possible.Meanwhile, Saudi Arabia shows no signs of backing off its commitment to keep pumping oil while letting the market set prices. That strategy has generated a budget deficit and forced it to cut back on domestic subsidies on fuel and other services.But as some speculate Iran may now be concerned about the negative impact of its bravado on the oil market, officials this week have been quoted saying they do not want to hurt oil prices when they return crude to the market.Mohsen Qamsari, director general for international affairs at the National Iranian Oil Co., told Reuters that Iran does not want to start a price war, that it will be more subtle in its approach and may gradually increase output. "I have to say that there is no room to push prices down any further, given the level where they are," he said.While analysts do not expect the friction between Iran and Saudi Arabia to escalate into a military clash beyond the proxy wars in Syria and Yemen, there is still risk."There's a potential for this to cause further unrest, and I think that's the real issue," said Michael Cohen, head of energy commodities research at Barclays. "The thing to understand is while the threat may be higher, the ways in which Saudi Arabia has mitigated that threat has improved over the last decade."Analysts say that the kingdom has improved security around its oil facilities, but its operations are in the east, home to its Shiite minority.Helima Croft, chief of commodities research at RBC Capital Markets, said it will be important to monitor that area for any signs of trouble, noting a company bus carrying oil workers was set on fire Tuesday."It may not be a shooting war between the Saudis and Iranians, but they fight proxy wars," said Croft. "You have Shiite demonstrations in the east. that is problematic." She said a concern is that Saudi Arabia may now have created a martyr by executing Shiite cleric Nimr al-Nimr.Croft said Saudi Arabia knew the regional consequences of its actions but that both the Saudi and Iranian governments are acting more for domestic audiences. Iran has elections coming up in February.The cleric was executed along with 46 other individuals, many of them said to be members of al-Qaeda. "He did advocate civil disobedience. He did advocate overthrow of the Saudi monarchy but he was never known to be calling for a violent overthrow," she said.But Morse does not expect the events to change the outlook for oil."The literature is filled with how this is going to deteriorate but I think the Saudis are going to pull back a little bit, and things will get a little less awful," he said.Morse, and others, have been expecting oil to plunge further — possibly into the $20s per barrel — before stabilizing and moving higher later in the year."They are vying for market share, and Iran will not come into the market by denting Saudi's market share because the Saudis sell everything in terms of contracts and those contracts last a long while," he said. "Those that are going to suffer will be the ones that sell into the spot market."Saudi Arabia did reduce its selling price to Europe Tuesday, with Saudi Aramco saying it was increasing the discount for its light crude by $0.60 per barrel to northwest Europe and $0.20 a barrel for February delivery along the Mediterranean, according to news reports.Morse said Iranian oil will find buyers in Europe. "There are a half dozen companies in Europe that used to import collectively over 600,000 barrels of Iranian crude," he said. "They are going to do that by backing out Russian and Iraqi oil. It won't be at the Saudi's expense, and it will be at Russia's expense or Iraq's expense."In a note, Morse and other Citigroup analysts noted that there is potential for a further escalation that could put the 17 million barrels a day of oil flowing in the Strait of Hormuz at risk."But of more immediate concern is stocks hitting capacity constraints. If the market remains oversupplied and the conflict remains indirect, rallies are for selling. The risk of missteps remains, but Citi's view is that now — with Saudi already struggling with budget deficits and Iran on the cusp of returning to markets — would be a particularly bad time for either side to start a hot war," they noted.

Iran-Saudi crisis punches another hole in OPEC unity-AFP By Marie Heuclin-JAN 6,16-YAHOO NEWS

Paris (AFP) - Escalating diplomatic tensions between Iran and Saudi Arabia have added fresh strains to OPEC's unity, further dimming prospects of a production cut needed to raise rock-bottom oil prices, experts say.The cartel that produces a third of the world's oil used to restrain output to maintain prices, but it abruptly shifted gears in 2014 as Saudi Arabia moved to squeeze out new high-cost competition, in particular from US shale producers.The consequence has been crude oil prices tumbling some 60 percent since mid-2014, falling below $40 (37 euros).Crafting a new way forward has become yet tougher since Saudi Arabia executed prominent Shiite cleric Nimr al-Nimr at the weekend, triggering a sectarian standoff with Iran." What's happening at the moment between Iran and Saudi Arabia makes searching for a compromise even more difficult," said Francis Perrin, president of Strategy and Energy Policy publications.Gulf countries, led by top OPEC producer Saudi Arabia, refuse to cut production unless the oil-producing states that are not members of the group agree to do the same. A cut would likely help prices climb.Though the Saudis have thus far had their way, this unbending stance has been financially painful for the 13 OPEC nations, including Algeria, Venezuela and Nigeria, which draw most of their revenues from black gold.For its part, Iran, the other pillar of OPEC, has no intention of curbing its production with the lifting of Western sanctions just on the horizon, which would allow it to resume crude oil exports.- 'Everyone for themselves' -"OPEC has no policy at the moment as it's everyone for themselves," said Ole Hansen, a Saxo Bank analyst."In the short term, there is no chance of an agreement within OPEC regarding production, and assuming there was some small chance, it has disappeared with the current crisis in relations between Saudi Arabia and Iran," said Pierre Terzian, head of the Petrostrategies weekly.In addition to their political and religious rivalries, the two Middle Eastern powerhouses are also clashing over their share of the oil market.From Iran's perspective, "it would be fair" for other OPEC members, including Saudi Arabia, to "cut their production in 2016 to make some room (for Iran) without pushing prices down further," said Perrin.However, in Riyadh "additional revenue means Iran will have a greater capacity to be a nuisance," in the region, Perrin added.On top of that, the kingdom, which has been overtaken in production by the United States, has not given a second's thought to cutting its output.At the end of December, Saudi Oil Minister Ali al-Naimi said "we no longer limit production. If there is demand, we will respond. We have the capacity to respond to demand", according to the Wall Street Journal.Terzian said: "Clearly, that means Saudi Arabia is not going to let Iran increase its oil exports on its own... instead, it will also boost its own production."In a move seen designed to sabotage Iran's oil comeback, Saudi has been cutting the price of its oil exports for February delivery to European customers, and of some exports to the United States and the Middle East.National oil conglomerate Aramco said the price of Arab Light crude for the northwest European market was cut by $0.60 a barrel from January to $4.85 a barrel below the benchmark price.Brent oil prices tumbled Wednesday below $35 for the first time in 11 years.Europe was a traditional market for Iranian oil before international sanctions were slapped on the Islamic republic in 2012 over its nuclear programme.- Dashed chances -"Saudi Arabia will do whatever it takes to protect its market share... Iran and Russia will remain its main targets," said Abhishek Deshpande, an oil market analyst at Natixis.Analyst Fawad Razaqzada at FOREX.com said "the fact that Saudi is reducing prices suggest they want to defend their market share and this is undoubtedly bearish news for oil."He added: "the Saudi-Iran split has kind of dashed any chances of an OPEC deal to curb the supply excess -– not that this was going to happen anyway."Still, OPEC has survived previous conflicts among its members, notably during the 1980-1988 war between Iran and Iraq."The only place where Iranian and Iraqi leaders were able to see one another without coming to blows was at OPEC," said Perrin.Christopher Dembik, a Saxo Bank analyst, sees a common interest between the two nations that may also be a stabilising force."They are both trying to recapture lost market share. They have a medium-term interest, at least, to keep prices low. Therefore they have no choice, but to agree, at least on this point."

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-JANUARY 07, 2016-11:00PM

1 Day, Magnitude 2.5+ Worldwide
98 earthquakes - DownloadUpdated: 2016-01-07 23:59:15 UTCShowing event times using UTC98 earthquakes in map area

    3.4 84km N of Road Town, British Virgin Islands 2016-01-07 23:52:33 UTC 46.0 km
    2.9 71km ESE of Lakeview, Oregon 2016-01-07 23:43:43 UTC 10.0 km
    3.0 66km NE of Road Town, British Virgin Islands 2016-01-07 21:55:45 UTC 64.0 km
    4.5 105km SSW of Sarangani, Philippines 2016-01-07 21:37:08 UTC 42.8 km
    2.5 31km SSW of Alva, Oklahoma 2016-01-07 20:27:25 UTC 5.0 km
    5.2 150km SSW of Severo-Kuril'sk, Russia 2016-01-07 20:23:40 UTC 74.7 km
    4.0 30km NW of Fairview, Oklahoma 2016-01-07 19:59:44 UTC 5.0 km
    2.5 30km NW of Fairview, Oklahoma 2016-01-07 19:26:14 UTC 5.0 km
    2.7 30km NW of Fairview, Oklahoma 2016-01-07 18:39:18 UTC 5.0 km
    3.3 29km NW of Fairview, Oklahoma 2016-01-07 18:34:35 UTC 5.0 km
    3.1 29km NW of Fairview, Oklahoma 2016-01-07 18:00:26 UTC 5.0 km
    4.3 133km SW of Kota Ternate, Indonesia 2016-01-07 17:43:17 UTC 53.1 km
    3.4 86km N of Road Town, British Virgin Islands 2016-01-07 17:20:42 UTC 16.0 km
    3.0 83km N of Road Town, British Virgin Islands 2016-01-07 17:19:39 UTC 13.0 km
    4.9 30km NW of Ancud, Chile 2016-01-07 15:40:42 UTC 20.7 km
    3.6 27km NW of Fairview, Oklahoma 2016-01-07 13:40:59 UTC 5.0 km
    3.3 80km N of Road Town, British Virgin Islands 2016-01-07 12:59:08 UTC 24.0 km
    2.6 30km NW of Fairview, Oklahoma 2016-01-07 11:22:00 UTC 4.0 km
    2.8 31km NW of Fairview, Oklahoma 2016-01-07 11:13:17 UTC 2.5 km
    2.8 13km SW of Honoka'a, Hawaii 2016-01-07 10:56:02 UTC 40.6 km
    5.1 North of Ascension Island 2016-01-07 10:50:31 UTC 10.0 km
    3.5 31km NW of Fairview, Oklahoma 2016-01-07 10:48:41 UTC 5.0 km
    3.0 30km NW of Fairview, Oklahoma 2016-01-07 10:48:17 UTC 4.0 km
    3.4 91km N of Road Town, British Virgin Islands 2016-01-07 10:38:48 UTC 13.0 km
    2.7 35km SSW of Ferndale, California 2016-01-07 10:32:43 UTC 19.4 km
    2.8 30km NW of Fairview, Oklahoma 2016-01-07 10:12:52 UTC 5.0 km
    2.9 30km NNW of Fairview, Oklahoma 2016-01-07 09:33:22 UTC 5.5 km
    3.4 83km N of Road Town, British Virgin Islands 2016-01-07 09:00:04 UTC 17.0 km
    4.0 27km NW of Fairview, Oklahoma 2016-01-07 08:37:11 UTC 5.0 km
    3.6 30km SW of Rio Dell, California 2016-01-07 08:29:28 UTC 16.8 km
    3.7 30km NW of Fairview, Oklahoma 2016-01-07 08:06:15 UTC 5.0 km
    3.3 31km NW of Fairview, Oklahoma 2016-01-07 08:02:31 UTC 6.7 km
    3.0 90km N of Road Town, British Virgin Islands 2016-01-07 08:00:52 UTC 52.0 km
    2.8 83km N of Road Town, British Virgin Islands 2016-01-07 07:56:31 UTC 10.0 km
    3.1 80km N of Road Town, British Virgin Islands 2016-01-07 07:55:10 UTC 11.0 km
    3.1 82km N of Road Town, British Virgin Islands 2016-01-07 07:53:16 UTC 27.0 km
    2.5 33km NW of Fairview, Oklahoma 2016-01-07 07:50:03 UTC 7.9 km
    3.7 56km NNW of Road Town, British Virgin Islands 2016-01-07 07:49:09 UTC 19.0 km
    2.9 82km N of Road Town, British Virgin Islands 2016-01-07 07:44:07 UTC 10.0 km
    3.4 82km N of Road Town, British Virgin Islands 2016-01-07 07:27:39 UTC 24.0 km
    3.4 82km N of Road Town, British Virgin Islands 2016-01-07 07:03:06 UTC 24.0 km
    2.8 5km ENE of Edmond, Oklahoma 2016-01-07 06:42:57 UTC 7.8 km
    3.5 32km NW of Fairview, Oklahoma 2016-01-07 06:38:34 UTC 8.4 km
    2.6 137km S of Cape Yakataga, Alaska 2016-01-07 06:37:29 UTC 34.6 km
    2.6 30km NW of Fairview, Oklahoma 2016-01-07 06:20:18 UTC 1.2 km
    4.6 103km SSW of Ndoi Island, Fiji 2016-01-07 06:06:08 UTC 607.2 km
    3.2 31km S of Alva, Oklahoma 2016-01-07 06:03:28 UTC 5.0 km
    4.3 31km SW of Rio Dell, California 2016-01-07 05:49:52 UTC 17.4 km
    3.0 31km NW of Fairview, Oklahoma 2016-01-07 05:37:48 UTC 3.9 km
    3.3 25km NNW of Fairview, Oklahoma 2016-01-07 05:19:48 UTC 5.0 km
    3.4 30km NW of Fairview, Oklahoma 2016-01-07 04:49:47 UTC 5.0 km
    2.5 13km NW of Puerto Real, Puerto Rico 2016-01-07 04:43:54 UTC 22.0 km
    3.4 33km S of Alva, Oklahoma 2016-01-07 04:37:22 UTC 5.0 km
    4.8 32km NW of Fairview, Oklahoma 2016-01-07 04:27:58 UTC 6.0 km
    4.7 31km NW of Fairview, Oklahoma 2016-01-07 04:27:28 UTC 3.4 km
    3.3 29km SW of Rio Dell, California 2016-01-07 04:00:30 UTC 15.1 km
    2.5 82km N of Road Town, British Virgin Islands 2016-01-07 02:55:11 UTC 25.0 km
    5.0 91km ESE of Adak, Alaska 2016-01-07 02:52:35 UTC 43.0 km
    3.2 6km ENE of Edmond, Oklahoma 2016-01-07 02:15:07 UTC 5.0 km
    2.5 5km ENE of Edmond, Oklahoma 2016-01-07 01:20:55 UTC 7.3 km
    4.2 7km S of Npongge, Indonesia 2016-01-06 23:04:58 UTC 131.9 km

STOCK MARKET AND EARTHQUAKE NEWS
http://israndjer.blogspot.ca/2016/01/the-dow-was-up-9-points-tuesday.html 
http://israndjer.blogspot.ca/2016/01/the-dow-was-down-276-points-monday.html 
http://israndjer.blogspot.ca/2016/01/the-dow-was-dow-178-points-new-years.html 
http://israndjer.blogspot.ca/2015/12/weekend-quake-results-for-jan-02-03.html 
http://israndjer.blogspot.ca/2015/12/the-dow-was-dow-117-points-yesterday.html 
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http://israndjer.blogspot.ca/2015/12/the-dow-was-down-23-points-monday.html 
http://israndjer.blogspot.ca/2015/12/the-dow-was-down-50-points-on-christmas.html 
http://israndjer.blogspot.ca/2015/12/weekend-quake-results-for-dec-26-27.html 
http://israndjer.blogspot.ca/2015/12/the-dow-was-up-185-points-yesterday.html 
http://israndjer.blogspot.ca/2015/12/the-dow-was-up-165-points-yesterday.html 
http://israndjer.blogspot.ca/2015/12/the-dow-was-up-123-points-yesterday.html 
http://israndjer.blogspot.ca/2015/12/the-dow-was-down-367-points-on-friday.html 
http://israndjer.blogspot.ca/2015/12/weekend-quake-results-for-dec-19-20-2015.html  



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