Watchman of Zion

You may view the 5 minute update this week via audio:

1) Listen to the audio

In this week’s 5 minute update, we focused on several things:

1) The current status of the Israel / PLO peace process
2) The US dollar trading near an all-time low

Fatah and Hamas have made an agreement to reconcile their differences and form a united PLO government.  Mahmood Abbas says that he will continue to lead any peace talks with Israel.  PM Netanyahu says that Abbas must choose between Hamas or peace.  Haniyeh, the leader of Hamas, says that they will never recognize Israel.  The UN, US and the EU have reacted cautiously to the announcement of a PLO unity government stating that the PLO must recognize Israel’s right to exist.  The strategy of the PLO is that they believe that they will get recognition of a PLO state at the United Nations in September and with that recognition they do not need to negotiate peace with Israel.  Meanwhile, Netanyahu will be in Europe next week  to lobby against European countries recognizing  a PLO state at the UN in September.  Egypt has decided to open the Rafah crossing to allow goods into the Gaza Strip.  Due to the smuggling of weapons into the Gaza Strip, this is a threat to Israel. Prior to the PLO reconciliation agreement, it was rumored by a Kuwaiti newspaper that Netanyahu secretly agreed to a PLO state with East Jerusalem as its capital and giving control of the Temple Mount to the  international community. The Israeli government denied the rumors.  Finally, 350 rabbis in Israel signed a petition declaring that withdrawing from the West Bank was religiously forbidden.

An agreement to divide Jerusalem and establish a PLO state is a tribulation event.

The link to these articles are as follows:

1) Fatah and Hamas: Palestinian reconciliation will end Israeli occupation
2) Abbas: Fatah will continue to handle Mideast peace talks
3) PM to Abbas: Choose between peace with Israel or Hamas
4) Haniyeh calls on Fatah to renounce recognition of Israel
5) Fatah-Hamas Agreement: Another Nail in the “Peace Process’s” Coffin
6) Netanyahu on Front Lines in Europe to Fight PA State
7) Netanyahu Denies Report He Caved In on Temple Mount
8.) Hundreds of rabbis sign edict prohibiting withdrawal from WB
9) ‘Egypt to permanently open Rafah border crossing’

The US dollar index is trading near a 3 year low and close to an all-time low. As a result, Gold and Silver hit an all-time high this week. Meanwhile, energy and commodity prices continue to increase.  Oil is trading around $113.  The cost of gasoline has now risen to over $4 a gallon.

A collapse of the US dollar and the establishment of one world currency is a tribulation event.

The link to these articles are as follows:

1) U.S. dollar keeps falling

From a Biblical prophetic perspective, the reason why the God of Israel would allow these events to happen is because it will result in the end of the exile of the house of Jacob and the reunification of the 12 tribes of Israel (Ephraim and Judah).

We will to be “watchmen on the walls of Jerusalem” and we will not rest until the God of Israel makes Jerusalem a praise in the earth (Isaiah 62).

Shalom in Yeshua the Messiah,

Eddie Chumney
Hebraic Heritage Ministries Int’l

You may view the 5 minute update this week via audio:

1) Listen to the audio

In this week’s 5 minute update, we focused on several things:

1) The current status of the Israel / PLO peace process
2) The buildup in the Middle East for war with Iran
3) Events leading to the collapse of the euro and US dollar

If Israel doesn’t initiate a peace plan in the near future, the Quartet (EU, US, UN and Russia) are threatening to recognize a PLO state based upon 1967 borders with East Jerusalem as its capital.  Catholic, Jewish and Muslim religious leaders called upon Obama  to recognize a PLO state based upon 1967 borders with East Jerusalem as its capital. Britain, France and Germany are pressuring the US to immediately establish a position on the peace process and for Obama to initiate a peace plan.  Reports are that the Obama administration has been debating on the parameters of a US peace plan.  One of the current ideas is that a US peace plan would entail a PLO state based upon 1967 borders with East Jerusalem as its capital. Israel would be provided with security and the PLO would give up the right of return of refugees.  Israel Prime Minister Benjamin Netanyahu stated that Israel cannot compromise on two key issues: Israel being a Jewish state and Israel maintaining a security presence along the Jordan Valley. The PLO’s position is the right of return is non-negotiable and that they will never accept an Israeli military presence along the Jordan Valley in any final status agreement.  The PLO plans to get the UN Security Council or the UN General Assembly to recognize a PLO state based upon 1967 borders with East Jerusalem as its capital this September. Mahmood Abbas said that it would be illogical for the US to block a PLO state this September at the UN. If the UN recognizes a PLO state this September, a member of the Israeli government, Uzi Landau, suggested that Israel should annex the settlement blocs in the West Bank and possibly even the entire West Bank.

An agreement to divide Jerusalem and establish a PLO state is a tribulation event.

The link to these articles are as follows:

1) Israel under pressure to offer peace plan
2) ‘Quartet may recognize Palestinian state’
3) Religious leaders urge Obama to take lead on Mideast peace
4) Europe ups pressure on US over Mideast
5) Shape of new peace plan emerging
6) Obama’s plan: Palestinian state, without right of return
7) Jewish state central to conflict, Netanyahu tells AFP
8.) Palestinians: Right of return non-negotiable
9) Palestinian Authority rejects Israel’s troop deployment
10) Palestinians to Seek Statehood Approval in September, Abbas Says
11) ‘PA will get majority UN-recognition for Palestinian state’
12) Abbas: U.S. would be illogical to block independent Palestinian state at UN
13) Landau: Israel should annex W. Bank if PA get statehood

Saudi Arabia is concerned about the growing influence of Iran in the Middle East and the threat it would impose to the Saudi government. Saudi Arabia is also concerned about the US lack of commitment to restrain the Iranian influence and the lack of support that the US showed toward former Egyptian President Hosni Mubarak which led to his departure as President of Egypt.  As a result, Saudi Arabia is leading an effort of the Gulf Security Council to military protect their interests against Iran. Part of this plan is standing with the existing goverment of Bahrain against civilian protesters.

A US war with Iran is a tribulation event.

The link to these articles are as follows:

1) Saudis give up on US, instigate direct Gulf action against Iran

Greece is now paying over 19% to finance 2 year bonds. Finland is threatening to veto a possible EU bailout of Portugal. For the first time since the great depression, US government cash handouts to its citizens is exceeding its tax revenue. For the first time in history, the credit agency Standard and Poor’s has downgraded America’s credit outlook from stable to negative. Leap2020.eu, a European think tank, is now predicting a collapse of the US dollar (a 30% devaluation) this fall.  The BRICS countries (Brazil, Russian, India, China and South Africa) agreed to open credit lines denominated in their own currencies rather than the world’s reserve currency, the US dollar. Together, the account for nearly 40% of the world’s currency reserves. All these things create the condition for a collapse of the euro and the US dollar.

A collapse of the US dollar and the establishment of one world currency is a tribulation event.

The link to these articles are as follows:

1) Sovereign debt fears put euro under pressure
2) Government Cash Handouts Now Top Tax Revenues
3) US faces credit downgrade if debt not cut
4) Autumn 2011: A collapse of the US Dollar
5) BRICS to replace dollar credits with local currencies

From a Biblical prophetic perspective, the reason why the God of Israel would allow these events to happen is because it will result in the end of the exile of the house of Jacob and the reunification of the 12 tribes of Israel (Ephraim and Judah).

We will to be “watchmen on the walls of Jerusalem” and we will not rest until the God of Israel makes Jerusalem a praise in the earth (Isaiah 62).

Shalom in Yeshua the Messiah,

Eddie Chumney
Hebraic Heritage Ministries Int’l

You may view the 5 minute update this week via audio:

1) Listen to the audio

In this week’s 5 minute update, we focused on several things:

1) The current status of the Israel / PLO peace process
2) The weak situation with the world economy

The international community continues its push to recognize a PLO state in September.  The PLO say that their state institutions have been set up and are ready to go.  In a meeting in Brussels this past week,  Quartet representative Tony Blair stated that the PA is ready for a state. Prime Minister Salam Fayyad is asking for the international community to donate $5 Billion dollars over the next 3 years to support a PLO state.  Salam Fayyad stated that the Brussels conference announcing that the PLO is ready for statehood is an international ‘birth certificate’ for a PLO state.  Meanwhile, the USA blocked a Quartet meeting (the US, EU, UN and Russia) from taking place in Berlin, Germany this past week where it was expected that the Quartet would make a statement declaring their support for a PLO state based upon 1967 borders with East Jerusalem as its capital. While the US supports in principal a PLO state based upon 1967 borders with East Jerusalem as its capital, the US decision to block the Quartet meeting seems to be a tactical decision. The US would like to be in control of the timing and support for a PLO state based upon 1967 borders with East Jerusalem as its capital. As a result, Secretary of State Hilliary Clinton announced that President Obama will be making a speech in the next few weeks outlining the US position on a Israel / PLO peace agreement. A newspaper in Israel reported that President Obama will support a PLO state based upon 1967 borders with East Jerusalem as its capital at the UN this September.  The PLO stated that when Obama details his new policy initiative that he must make a clear statement opposing Israeli building in the West Bank and East Jerusalem and supporting a PLO state based upon 1967 borders with East Jerusalem as its capital.  In response, Israel Prime Minister Benjamin Netanyahu has been invited to speak at a joint session of congress in the USA in late May. Netanyahu stated that he would stand for the security interests of Israel and that the PLO need to recognize Israel as a Jewish state.  Netanyahu is considering saying that he is willing to establish a PLO state upon 50% of the West Bank immediately and give more  control of these areas to the PLO.  Based upon that gesture, Netanyahu then wants  to tell the international community that Israel is willing to sit down and negotiate with the PLO the details of a final status agreement. Upon hearing the rumors of Netanyahu’s position, the PLO have rejected it.  It seems that Netanyahu will be asked by the USA and the international community if he is willing to accept the terms of reference for a final status agreement to be given by President Obama in a couple weeks or reject it.  The showdown and the battle over Jerusalem (Zechariah 12:1-3) is now happening.

An agreement to divide Jerusalem and establish a PLO state is a tribulation event.

The link to these articles are as follows:

1)  PA: Ready to Announce Statehood In September
2) UN: PA ready to govern a state of its own
3) Tony Blair to endorse Palestinian state in Brussels report
4) PA hail international ‘birth certificate’ of statehood
5) PA seek $5 billion for 3-year development plan
6) US Blocks Quartet Move to Propose Pro-PA Final Status Plan
7) ‘PA still want Quartet-brokered peace with Israel’
8.) ‘US will have hard time standing alone in UN’
9) Clinton: US to lay out new Mideast policy in weeks
10) Obama to recognise Palestinian state with ’67 borders
11) New U.S. peace push must come soon: PA
12) PA seeks US support for statehood
13) Netanyahu: I’ll address Iran, ‘secure peace’ in US speech
14) PM: Peace terms won’t be forced on us
15) Netanyahu mulling West Bank pullout to stave off ‘diplomatic tsunami’
16) Fatah Warns from Netanyahu’s Proposal
17) The New Christian settlers
18) Russian-American Christians seek new life in Samaria

Greece is now paying between 13% and 18% to finance its debt.  This brings a risk that Greece will have more financial problems and could cause a crisis for the euro. The BRICS countries (Brazil, Russia, India, China and South Africa) are calling for a new international financial system which replaces the dependence of the US dollar as a world’s reserve currency.  The US dollar index (the value of the dollar in the world market) has dropped over 15% since June, 2010. It has fallen from a reading of 88 to about 74. It is reaching the lows experienced in the summer of 2008 of around 72-74. If the dollar breaks through the 72-74 support level, its fall could be accelerated causing a collapse of the US dollar and the US to default on its debt.

A collapse of the US dollar and the establishment of one world currency is a tribulation event.

The link to these articles are as follows:

1) Fears grow over Greek debt default despite bail-out
2) BRICS demand global monetary shake-up, greater influence
3) US Dollar Index: Dollar has fallen over 15% since the summer of 2010

From a Biblical prophetic perspective, the reason why the God of Israel would allow these events to happen is because it will result in the end of the exile of the house of Jacob and the reunification of the 12 tribes of Israel (Ephraim and Judah).

We will to be “watchmen on the walls of Jerusalem” and we will not rest until the God of Israel makes Jerusalem a praise in the earth (Isaiah 62).

Shalom in Yeshua the Messiah,

Eddie Chumney
Hebraic Heritage Ministries Int’l

You may view the 5 minute update this week via audio:

1) Listen to the audio

In this week’s 5 minute update, we focused on several things:

1) The current status of the Israel / PLO peace process
2) The weak situation with the world economy

Israel announced that it would build 942 new homes in Southern Jerusalem. The United Nations condemned the building as a violation of international law. The IMF and World Bank stated that the PLO have the economic institutions in place to have a state. In anticipation of a PLO state in September, Hamas and Fatah have started reconciliation talks. At the same time, the military wing of Fatah is cooperating with Hamas to wage war with Israel. Jordan is on the verge of a civil war. The majority of people in Jordan are Palestinians but they are persecuted by the minority who run the country of Jordan.  Ahmadinejad of Iran believes that the US is behind the unrest in Jordan wanting to split Jordan and make Western Jordan part of a PLO state. Mahmood Abbas called on the Quartet (EU, UN, US and Russia) to make a clear statement outlining the parameters for a PLO state in their April 15 meeting in Germany. Israel is trying to prevent the Quartet from making a statement on the borders of a PLO state and is offering alternate suggestions to move the peace process forward. So far, the Israeli suggestions are not being accepted by the PLO. Former Israeli military and security officials proposed a “Israeli Peace Initiative” outlining the framework for a PLO state. It puts any peace agreement firmly under the mandate of the UN and international law. This is not an official document of the Israeli government. An Orthodox Rabbi in Israel shows from the Torah Codes that a PLO state is prophesied to come about in 2011. Another Rabbi in Israel calls for sacrifices to be made on the Temple Mount and an alter to be built to make it possible.

An agreement to divide Jerusalem and establish a PLO state is a tribulation event.

The link to these articles are as follows:

1) UN calls on Israel to stop illegal new settlements
2) Palestinian Economy Gets Key Endorsement
3) World Bank praises Palestinian state building drive
4) Hamas has started reconciliation talks with Fatah, says leader
5) Palestinian forces unite against Israel, U.S.
6) Jordan Facing Civil War?
7) Ahmadinejad: U.S. seeking to divide Jordan to form Palestinian state
8.) In Israel, Time for Peace Offer May Run Out
9) Abbas urges Mideast Quartet to make a stand
10) In Berlin, PM aims to thwart support for Palestinian state
11) ‘US firmly opposed to PA seeking statehood in UN’
12) Former Israeli defense chiefs draft new Mideast peace plan
13) Israel Peace Initiative (Text)
14) A PLO State in 2011 according to the Bible Codes
15) Rabbi calls for sacrifice on Temple Mount

Because of its financial problems, Portugal is seeking a bailout from the EU.  The Bank of Japan is warning that the Japanese economy is deteriorating because of the effects of the recent earthquake and tsunami. The head of the IMF believes that individual nation states should have a socialist economy in the new international financial system. The world economy is currently in very weak shape and financial leaders are calling for a new international financial system.

A collapse of the US dollar and the establishment of one world currency is a tribulation event.

The link to these articles are as follows:

1) Portugal relents, seeks bailout
2) Bank of Japan warns economy under ‘downward pressure’
3) IMF chief sees limits to free market

From a Biblical prophetic perspective, the reason why the God of Israel would allow these events to happen is because it will result in the end of the exile of the house of Jacob and the reunification of the 12 tribes of Israel (Ephraim and Judah).

We will to be “watchmen on the walls of Jerusalem” and we will not rest until the God of Israel makes Jerusalem a praise in the earth (Isaiah 62).

Shalom in Yeshua the Messiah,

Eddie Chumney
Hebraic Heritage Ministries Int’l

You may view the 5 minute update this week via audio:

1) Listen to the audio

In this week’s 5 minute update, we focused on several things:

1) The current status of the Israel / PLO peace process
2) Unrest in Syria and Jordan
3) Events which indicate the possible collapse of the Euro and US Dollar in 2011

Britain, France and Germany called upon the United Nations and the European Union to present a framework peace agreement to establish a PLO state this September.  British Foreign Secretary William Hague called upon the Quartet (UN, European Union, US and Russia) to set clear peace parameters in their April meeting. The Secretary General of the UN, Ban Ki-Moon called for a PLO state with East Jerusalem as its capital. Israel responded that any peace proposal by the Quartet must take into consideration the viewpoints of Israel. The PLO strategy is clear. They do not want to negotiate with Israel. They want the UN to unilaterally recognize a PLO state in September. This can be done either by the United Nations Security Council or through the UN General Assembly. Mahmood Abbas called for a PLO constitution to be drafted and ready for September. Mahmood Abbas is planning on having unity talks with Hamas in April in Egypt.  Israel said that Abbas must choose between Hamas or peace but he cannot have both. Israel also stated that if a PLO state is unilaterally recognized this September at the United Nations then Israel will take unilateral action and annex the large settlement blocs. Because of the building crisis with the peace process, opposition leader Tzipi Livni offered to join a unity government with Netanyahu. Netanyahu did not publically reply to the offer.

An agreement to divide Jerusalem and establish a PLO state is a tribulation event.

The link to these articles are as follows:

1) Diplomats: New European peace proposal
2) UN chief: End occupation, divide Jerusalem
3) Hague comes out against interim agreement
4) ‘Quartet plan must take into account Israeli demands‘
5) Palestinians to ask UN recognition in September
6) Abbas: Palestinians to ask for UN recognition if peace talks fail
7) J’lem lobbies against UN recognition of Palestinian state
8.) Israel threatens unilateral steps if UN recognizes Palestinian state
9) Abbas meets Hamas officials in bid to end Fatah dispute
10) ‘Abbas would give up US aid to reconcile with Hamas’
11) Fatah, Hamas set to hold April unity talks in Cairo
12) PA president requests PLO Constitution Committee convene
13) Abbas: Draw up constitution of future state
14) PA accuses Israel of trying to ‘bully’ UN
15) How Palestinians will use the GA to advance statehood
16) Unilateral Declaration of an Independent Palestinian State and the Procedure of ‘Uniting for Peace’
17) PM says no to ‘Hamastan’ in Judea and Samaria
18) Livni: Kadima, Likud should work together, change Israel

The unrest in Syria has increased in the past week. The Syrian government resigned in an attempt to appease the protesters.  Meanwhile, Jordan is on the verge of civil war. It seems as if the unrest may be the fulfillment of Ezekiel 30. It is a sign of the end of days.  Political unrest in Middle East countries could evolve into a regional war with Israel.

The link to these articles are as follows:

1) Syrian government resigns in attempt to appease protesters
2) Jordan teetering on civil war, local analysts say

Greece and Portugal is continuing to have problems. S&P downgraded again the debt of these two countries in in the past week.  The March report of leap2020 predicts the collapse of the US Treasury bond market in the 2nd half of 2011.  From these problems, the global elite would like to establish a one-world currency. These news events indicate that a collapse of the Euro and US dollar is possible in 2011.

A collapse of the US dollar and the establishment of one world currency is a tribulation event.

The link to these articles are as follows:

1) S&P Downgrades Portugal and Greece Again
2) Second half of 2011 – Get ready for the meltdown of the US Treasury Bond market
3) No alternative to a new world architecture
4) Unreported Soros Event Aims to Remake Entire Global Economy

From a Biblical prophetic perspective, the reason why the God of Israel would allow these events to happen is because it will result in the end of the exile of the house of Jacob and the reunification of the 12 tribes of Israel (Ephraim and Judah).

We will to be “watchmen on the walls of Jerusalem” and we will not rest until the God of Israel makes Jerusalem a praise in the earth (Isaiah 62).

Shalom in Yeshua the Messiah,

Eddie Chumney
Hebraic Heritage Ministries Int’l