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A major global financial crisis takes place every now and then. But what determines the timing of their appearance? Is it just a matter of coincidence? Or does it involve a mystical reason? An ancient biblical custom may answer this question.

In his most recent book, Jonathan Cahn has pointed out that almost all of the major financial crashes in U.S. history were very closely tied to a ‘seven year’ pattern known in the Bible as “the Shemitah”.

A written in the Bible, the people of Israel were commanded to let the land lie fallow every seven years. There would be no sowing and no reaping, something that people at the time took very seriously. In fact, the failure to observe these Shemitah years was one of the main reasons cited in the scriptures for why the Jewish people were exiled to Babylon in 586 BC.

But there was more to the Shemitah year than just letting the land lie fallow. On the last day of the Shemitah year, the people of Israel were instructed to perform a releasing of debts. This happened at the end of every seven years on Elul 29 – the day right before Rosh Hashanah on the Biblical calendar.

So what does this have to do with us today?

Well, if you go back to the last day of the Shemitah year in 2001, you will find that there was an absolutely horrifying stock market crash.

At the end of the next Shemitah year in 2008, another horrifying stock market crash took place.

And now we are in another Shemitah year. It began last fall, and it will end next September. So is it possible that we will see another historic market crash?

We are going to find soon. The last day of the year, Elul 29 on the Hebrew calendar, which will occur on Sept. 13, 2015, is the most dreaded day, if something would to happen that will be the time.  

This mysterious explanation is gaining momentum and making people fear from the near future to come. It is most widely discussed at India, where people are preparing for the worst.

We here at SignalsBinary have our doubts about this mystical argument. At the same time, if this theory will gain further momentum it could affect the Markets. Remember, every movement in the stock market is determined by people and people are moved by their feelings. In this case things can play out as a self-fulfilling prophecy.

 

 

 

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Apple wants to make its own TV shows and movies, according to a new report.

Apple has been meeting with Hollywood executives with an eye toward making its own original TV shows and movies, Variety reports.

The news comes just more than a week before Apple's September 9 event, where it's expected to launch the next version of its Apple TV set-top device.

According to Variety's sources, a division of Apple that reports to iTunes frontman Eddy Cue has been sounding this out for a while. While accounts vary, apparently Apple is looking to make Netflix-style long-form TV content.

In fact, the report says, Apple made an "unprecedented bid" for "Top Gear" hosts Jeremy Clarkson, James May, and Richard Hammond after they left the BBC car-enthusiast show in July. Apparently, Apple ultimately lost to Amazon, which offered $36 million for Clarkson alone.

This move would ratchet up competition with Netflix, Hulu, and Amazon in an effort by Apple to strengthen its own content platform and make the Apple TV a more differentiated device in a crowded marketplace.

Currently, the iTunes store only sells episodes a la carte, but given Apple Music's monthly all-you-can-stream subscription fee structure, it's certainly feasible that it could move to a Netflix-style subscription plan for this content, too.

The news comes as Apple is also reportedly seeking to create an over-the-top streaming television service, which would bundle several cable channels and be available through the Apple TV device. Apple has apparently been negotiating with various media companies for quite some time, but a streaming video service could arrive as soon as next year for a starting price of $40 a month, 9to5Mac recently reported.

Apple's plan to create its own original content is apparently still in the early phase, and will likely not get announced at next week's event. Still, if this report pans out, it's a sign that Apple is even more serious about its TV ambitions.

 

 

 

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In a documentary-style video, the group presented its new currency, claiming to circulate its own gold coins.

The Islamic State militant group has claimed to have started its own currency by minting coins and described the move as a “second blow” to the U.S. after 9/11, according to a newly released video.

In the documentary-style video, the radical group presented its new currency, claiming to have started minting and circulating its own gold coins.

The Islamic State of Iraq and Syria (ISIS), in the video, described the step as a “second blow to the United States and its capitalist financial system of enslavement”, after the 9/11 attacks, according to SITE intelligence group.

In the video entitled “The Rise of the Khilafah and the Return of the Gold Dinar” released on Saturday, the ISIS shows the smelting of gold, silver and copper coins.

The new ISIS currency comes in several denominations of gold, silver and copper, the Jerusalem Post reported.



The coins are imprinted with Islamic symbols and “are completely void of human and animal images in accordance with Shariah law,” according to the narrator in the propaganda video. The reverse side of one coin shows seven wheat stalks, “representing the blessing of spending in the path of Allah,” says the narrator.

The video, narrated in English with Arabic subtitles, begins with an extensive analysis on “the capitalist financial system of enslavement, underpinned by a piece of paper called the Federal Reserve dollar note,” and the corruption that allowed for the American destruction of the monetary system.

Last year in November, ISIS had announced its plans to mint its own currency in gold, silver and copper. It had stated back then that the aim of the currency was to stay away from the “tyrant’s financial system“.

ISIS is considered to be one of the richest terror groups in history. Theft, oil smuggling, extortion and human trafficking are considered some of the sources of income for the extremist group that has taken over large territories in Syria and Iraq.

The U.S. officials say that ISIS has become a self-sustaining financial force, as the group earns more than $3 million a day.

  

 

 

 

 

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We saw the good, bad and ugly side of fear over the global economy last week.

The Dow fell 1,000 points shortly after it opened Monday as global markets nosedived and fears about the scale of China's economic slowdown rippled across the world.

The Dow also had its best 2-day rally in its history on Thursday, after finding out that the U.S. economy is doing pretty well.

And, oh, the Fed sent mixed signals -- again! -- about a possible interest rate hike in September, less than three weeks from now.

The solid and steady U.S. economy still stands out against all the global turmoil. And next Friday's crucial jobs report will provide an important check-up on America that could confirm the strength of the economy.

This jobs report is especially key because it plays a big role in the Fed's decision -- the central bank could raise its benchmark interest rates for the first time in a decade in September.

If the American job market looks strong, it could push Fed committee members towards a September rate hike, despite the latest turmoil in the global stock market.

A good amount of job gain is anything above 200,000 jobs.

Everyone will pay extra attention to wage growth Friday -- it's a key measure of inflation, one of two key yardsticks for the Fed to justify a rate hike.

The Fed's committee holds a key meeting 10 days after the jobs report comes out. There are only two other important pieces of data (retail sales and inflation) coming after this. So this jobs report holds a lot of weight.

We just learned that the U.S. economy had a better first half than previously thought -- the Commerce Department significantly revised U.S. economic growth between April and June from 2.3% to 3.7%.

"If you look at the U.S. economic numbers, there is a pretty good case for September," says Paul Ashworth, chief U.S. economist at Capital Economics.

A rate hike would be a vote of confidence from the Fed on the U.S. economy's health and its future direction. However, investors fear a Fed rate hike could hinder momentum for the 6-year old bull market. The global economy -- specifically China and its impact -- could outweigh any good U.S. economic progress.

 

 

 

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