From Rapture Ready blog
My Forecast For 2013
At the beginning of a new year, it’s customary
for people to make predictions about what will transpire in the next twelve
months. Since so much of what occurred in 2012 was a set-up for 2013, I
decided to add my voice to what I think will happen in the coming months.
Since only God can predict the future, I will restrict myself to only
offering a forecast of what might occur.
Israel and Iran
Sometime in 2013, the standoff between Israel
and Iran will likely reach a boiling point. I have been amazed at how long
this potential conflict has been brewing. There has been so much preparation
for war that we will probably be shocked by how bad the situation will get
after the fighting starts. Iran has already promised it will close off the
Strait of Hormuz to oil shipping if were to come under attack. It also has a
growing number of missiles that are capable of reaching Israel. A strike
would likely send the price of oil soaring. With the global economy in a
precarious state, oil going to $150 per barrel would be apocalyptic.
Social Meltdown in Europe
In Greece, Spain, Portugal, and France, the
welfare-entitlement state has hit a brick wall. After decades of governments
making financial commitments that they lacked the ability to fund, we're now
at the breaking point. The only solution has been rounds of austerity
measures that attempt to slowly take back those perks. So far, a generous
social net has prevented people from going hungry. When the masses realize
they are not getting what has been promised to them, they will riot in the
streets.
Another Big Earthquake
In 2013, I expect to see another massive
earthquake take place. The last giant earthquake occurred in March of 2011
along the eastern coast of Japan. Because we seem to have entered a pattern
of birth pangs that has large quakes occurring every couple of years, the
continuation of this trend would call for one to strike sometime in 2013.
Japan's Money Printing Will Trigger
Inflation
The Japanese government, for the last two
decades, has used the Keynesian tools of deficit spending to keep its
economy afloat. By repeatedly kicking the can down the road, Japan has
amassed the largest national debt of any industrialized nation. With a debt
to GDP of 240 percent, a financial meltdown could come at any moment. What
makes me think 2013 could be the year that the bubble burst is the recent
decision by a new Japanese prime minister to accelerate money-printing as an
attempt to kick-start the economy. This new plan will likely let the
inflation genie out of the bottle. Once inflation starts in Japan, it will
quickly spread to Europe and the U.S.
Gold and Silver Will Move Higher
For twelve years in a row, gold has gained in
price, which is the longest annual gain since at least 1920. Even though
this move is incredibly rare, I still look for gold and silver to move
higher this year. The endless printing of money by the Federal Reserve will
continue to makes investment in precious metals the best option for
protecting your savings against money debasement. I look for gold to push
through $2,000, and for silver to eventually move above its $50 high set in
1980.
Obama Administration Will
Attempt to Gut the Second Amendment
Even before the shooting at Sandy Hook
Elementary School, the goal of liberals was to completely disarm the
American people. I expect Obama to make every effort to gut the Second
Amendment. The most likely move will be new restriction on the sale of
so-called assault rifles and the size of clips that go into weapons. Another
effort might be to get all new guns registered.
Fallout from the November
Election
My #1 forecast for 2013 would have to be the
likely fallout from the November election. When the American people voted to
reelect one of the most liberal presidents in our nation's history, we
collectively shook our fists at God. The reason the pro-marriage and
marijuana measures didn't instantly cause fire to rain down from heaven is
because that's not how God operates. There is always a price to pay for
sinful rebellion, but it typically comes after a time that allows for
repentance. I look for things to remain sunny side up until the
inauguration, but after that, the clouds of judgment may quickly drift in.
--Todd
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