DEFENSE AGREEMENTS OF GOD AND MEN
By: Dr. Stephen Jones Posted On: 08/28/2021
Blog Post Date:
9-1-2021
For many months—even years—we knew
that August 15, 2021 was a date to watch, because it was the 50th
anniversary (Jubilee) of America going off the gold standard “temporarily” in
1971. The event in 1971 itself had gutted the Bretton Woods Agreement in 1944,
which had created a new financial order after the devastation from World War 2.
America had come through World War 2
without any devastation of its cities and infrastructure, and it had a large
gold reserve, as well as silver. So the US dollar was made the world reserve
currency and was given the main responsibility to stabilize the dollar with
gold.
However, the Vietnam War caused
America to spend huge sums of money, and by 1965 its huge silver holdings had
been depleted. So the silver in the US coins was replaced by other metals and
the Silver Certificates (paper currency) were replaced by Federal Reserve
Notes.
The final blow to the integrity of
the dollar came when President Nixon, in 1971, declared that the dollar would
no longer be convertible to gold. The gold-backed dollar was then replaced by
the petro-dollar through an agreement with Saudi Arabia. The Saudis would sell
their oil only in US dollars, and the US military would protect the Saudis.
The US dollar, then, was backed by
oil, rather than by gold and silver. Hence, we saw the rise of the so-called
“petro-dollar.” That system lasted 50 years, and it has now come to an end.
Perhaps the 1971 agreement had secretly drawn up a 50-year contract.
Saudi Arabia Signs Defense Agreement
with Russia
On August 24, 2021 the Saudis signed
a military agreement with Russia. Perhaps this was a last-minute arrangement in
the wake of the US retreat from Afghanistan on August 15. But I doubt it.
https://www.rferl.org/a/saudi-russia-arms-weapons-/31425164.html
Saudi Arabia and Russia have signed
a military cooperation agreement at an arms expo outside Moscow.
Saudi Deputy Defense Minister Khalid
bin Salman announced on Twitter on August 24 that he signed the agreement with
Russian Deputy Defense Minister Alexander Fomin “aimed at developing joint
military cooperation between the two countries.”
Salman also met with Russian Defense
Minister Sergei Shoigu during his visit outside Moscow to the arms expo
International Military-Technical Forum Army-2021.
The deputy defense minister said the
meeting explored ways to "strengthen military and defense cooperation
between our two countries."
I have no inside information, but it
seems to me that military cooperation agreements are never drawn up in just
nine days. These things take months and even years of negotiations. So I
suspect that the 1971 agreement was a 50-year contract, and as we draw near,
the Saudis decided to negotiate a defense agreement with Russia.
The transition will take some time,
of course, but the biggest impact upon America is that the US dollar will lose
its world reserve currency status. Its status has been eroding already for many
years, but this will soon be formalized.
What will replace it? It seems most
likely that a basket of currencies will replace it, rather than a single
currency. The world learned its lesson. The US government had weaponized the
dollar through economic sanctions and by cutting off access to the SWIFT
payments system through the Federal Reserve. The nations will no longer trust a
single nation with such power, unless some nation gains the power and influence
to force its will upon the world.
The real question is this: What will
the Russians be given in exchange for their military protection? The US
government was given a new (oil) backing of the dollar. Will the Saudis begin
selling oil in rubles? This does not seem likely. More likely, the World Bank
will set up a basket of currencies and issue Special Drawing Rights (SDR’s),
which the Saudis will then accept as payment for its oil.
Nigeria Signs Defense Agreement with
Russia
On August 25, 2021 Nigeria too
signed a military cooperation agreement with Russia.
https://www.reuters.com/world/nigeria-signs-military-cooperation-agreement-with-russia-2021-08-25/
ABUJA, Aug 25 (Reuters) - Nigeria
and Russia have signed a military cooperation deal providing a legal framework
for the supply of equipment and the training of troops, the Nigerian embassy in
Moscow said on Wednesday.
President Muhammadu Buhari had expressed
interest in such a pact with Russia as far back as 2019, when he met with his
Russian counterpart Vladimir Putin at a Russia-Africa summit.
The Nigerian ambassador to Russia at
the time said Buhari felt Russia could help defeat the Boko Haram Islamic
insurgency in the northeast of the country, which remains a major problem.
Both Saudi Arabia and Nigeria are
very important oil-producing countries—as is Russia itself. Again, what does
Russia gain from the deal? We will have to watch this closely, because Russia
is gaining world influence as world confidence in the US declines. The
Afghanistan debacle served to mark the specific point in time where world
confidence in the US government’s power to protect its allies ended. The world
will never be the same again.
490 Days: April 21, 2020 to August
24, 2021
Last year on April 21, 2020, oil
futures dropped as low as MINUS $37/barrel. That means a person could
theoretically be paid $37 to purchase a barrel of oil!
https://www.marketwatch.com/story/about-150-years-of-oil-price-history-in-one-chart-illustrates-crudes-spectacular-plunge-below-0-a-barrel-2020-04-22?siteid=yhoof2&yptr=yahoo
The formerly unthinkable drop in oil
prices below $0 a barrel on Monday is still reverberating through financial
markets, as supply overwhelms demand destroyed by the coronavirus pandemic, forcing
some energy companies into possible bankruptcy as storage reaches maximum
capacity.
Indeed, the now-defunct May West
Texas Intermediate crude US:CLK20, which expired on Tuesday, plunged
into negative territory to start the week in a history-making event that saw, the
front-month contract, at the time, settle at negative $37.63 a barrel
before recovering some of that in the following session.
The main problem was that no one had
any spare storage space, so no one wanted to buy the oil. This caused an
unprecedented price collapse to “negative $37.63 a barrel.” We recognized at
the time that the petro-dollar had just died in front of our eyes for all to
see. We knew that this was a major prophetic event in the collapse of the US
dollar—as well as a major sign of the collapse of Mystery Babylon as a whole.
What we did not know at the time was
that this oil-price collapse was the start of a 490-day cycle ending with the
Saudi-Russian defense agreement on August 24, 2021. When Nigeria signed a
similar agreement the next day, the importance of this time was confirmed by
the double witness.
Our Defense Agreement with God
Of course, God is always ahead of the
game. He knows the end from the beginning, and He always takes steps to defend
His people in the midst of tribulation in the world. In this case, we were led
to hold a 3-day Prayer for Deliverance from April 8-10, 2020, nearly two weeks
before the collapse of oil prices. You can read those prayers here as a
reminder of His protection:
https://godskingdom.org/blog/2020/04/day-1-deliverance-prayer-campaign
https://godskingdom.org/blog/2020/04/day-2-of-deliverance-prayer-campaign
https://godskingdom.org/blog/2020/04/deliverance-prayer-for-day-3
The first day we prayed Psalm 46,
which began: “God is our refuge and strength, a very present help in trouble.
Therefore, we will not fear, though the earth should change and though the
mountains slip into the heart of the sea.”
The second day we prayed Psalm 91,
which says, “I will say to the Lord, ‘My refuge and my fortress, My God, in
whom I trust!... No evil will befall you, nor will any plague come near your
tent. For He will give His angels charge concerning you, to guard you in all
your ways.”
The third day was a combination of
Scriptures, and we prayed: “We receive Your Divine protection now through the
high praise of Your Word through Isaiah” (Isaiah 26:9 KJV).
My Fast: August 2-14, 2021
As most of you know, I was led to go
on an extended fast beginning August 2 and ending on the evening of August 14.
The breakthrough occurred on August 11, when the “famine of hearing the word”
was broken. This “famine” was mentioned in Amos 8:11, and for me it ended on
8-11 (August 11). I did not make that connection until others pointed it out to
me after the fact.
At any rate, from April 8, 2020,
when we started our prayer of deliverance, until August 11, 2021, when the
famine of hearing the word was broken, was precisely 490 days. When dates align
like this, it shows a direct correlation between them. The cycle itself is a
grace period before the event is applicable.
In this case, our deliverance
prayers were made just prior to the oil price collapse in 2020, and 490 days later,
we received the breakthrough just before the oil agreements were signed with
Russia. This is not a coincidence. Though we see big changes coming in the
geopolitical world, we know that God will protect His people and lead them by
His word through these troubling times. While the nations plan their next
moves, God is preparing us for His big move.