Rev 6:5-6 And when He had opened the third seal, I heard the third living creature say, Come and see. And I looked, and lo, a black horse. And he sitting on it had a balance in his hand. (6) And I heard a voice in the midst of the four living creatures say, A choenix of wheat for a denarius, and three choenixes of barley for a denarius. And do not hurt the oil and the wine.

This rider represents hunger and famine. The horse he rides is black, a color that describes a famine-racked body.

A scale would be used to measure and carefully dole out food. The denarius was a Roman silver coin equal in value to the daily wage of a working man. There will only be enough food for every day and this will be seen in the financial health of our Global Economy which is due to fail soon.

Friday, 19 August 2011

19/8/11 - Gold hits new high of $1,816/oz



The price of gold hit a record high above $1,816 an ounce Thursday, as demand for the safe haven investment rose on resurgent worries about a possible new recession for the global economy, analysts said.

Gold struck $1,816.25 on the London Bullion Market short before noon, beating the previous record of $1,814.95 that was forged on August 11. It later pulled back slightly to stand at $1,809.65 an ounce.

The new high came as Europe's main stock markets were plungingahead of US inflation data, with Frankfurt's DAX 30 index down more than 4pc.

"There is another air of panic out there in the market today, what with the DAX ... US crude oil falling two dollars and European banks getting crushed again," said Ian O'Sullivan, an analyst at Spread Co. trading group.

"The beneficiary once again of this nervousness has been gold, which has shot up another 30 dollars today." (more) 
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