TruthMission

4-30-2009 Lindsay Williams said “the prognosticators on wall street are saying it’s going up, its going up, it’s going up and people come around and say well Lindsay I guess it’s about time for crude oil to go back up again.  And I say no it’s not I was told it’s going to stay this way for another 9 to 12 months.”

As of today the price of oil is $68.51 and has been above $50 since the beginning of May.

I am not paying as much attention to Lindsay Williams at this point but I continue to follow and agree with the assessments Peter Schiff and Gerald Celente have made about the economy.

They basically all believe we will have an economic collapse in America but I prefer to ignore prognostications from people who get it wrong.

It is also noteworthy to say that the dollar has been especially weak lately.  Peter Schiff believes that this trend will continue.

Yesterday I decided to unsubscribe from one of my blogs. This particular blog is very informative on issues not discussed by the main stream media.

I choose to unsubscribe because I would probably get maybe a dozen stories a day. Most of them I only read the headline but none the less I was getting exposed to a lot of negative news.

Too much negative news will wear away at you and likely cause your attitude to decline over time. I also believe that knowing more about what is going on in the world, more often then not, has little practice implication for our lives.

For example up until a couple months ago someone I know didn’t know where California was. In a practical sense she is just as well knowing as not knowing.

I suggest you make a conscious decision to reduce the amount of information you digest, especially negative information.

Hopefully I can help in that regard and start posting more about health and faith issues.

Lindsay Williams is often a guest on a radio show I listen to. I have been following what he says because it continues to come true. Please search Lindsay Williams on this blog to get some background information.

What has he claimed in the past?

• When oil was $147 a barrel he said it would be $50 a barrel and has since stated it will stay below $50 for awhile.
• The Arab world is going to go into a state of bankruptcy and will no longer be able to buy our US Treasury Bills (used to pay off the interest on our national debt)
• There is going to be a financial collapse in the United States of America that is going to be so great that it would take years to come out of it.

What is Lindsay saying now?

• OPEC is no longer buying the US Treasury Bills because they have lost 3/4 of their income in 4 months time due to the low oil prices.
• Since OPEC is not buying t-bills anymore the Federal Reserve (as of 1 week ago) for the first time ever will start buying US t-bills.
• Within the next 30 to 60 days there is going to be tax shortfalls (due to less taxes from a lower gasoline price) and states will become desperate and in some cases bankrupt.
  
• The dollar will totally collapse 9 to 12 months from now.