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A New Look at June 30--Part 1

Jun 28, 2011

On June 26 I ventured a 40% chance that the Iraqi dinar revaluation would occur by July 1st. At the time I thought this was somewhat "optimistic."

I have now changed my mind. I am raising this to a conservative 50%.

I do not base this upon political events in Iraq or upon any new information from intelligence sources. It is just that when I awoke this morning, while my mind was yet uncluttered with the cares of the day, the revelation from the past seemed to clarify.

First, this dinar revaluation is part of an international monetary event that is bigger than Iraq itself. It is being reported that at the same time over 100 countries will adjust or revalue their currencies to line up with the new realities. The world will receive new cash flow, based upon the wealth of Iraq, as they monetize their future assets--mostly their future oil production.

Secondly, events strongly suggest that the sheer scope of this means that the Global Settlements Program is not only "for real," but is also tied to this dinar revaluation. This program involves what is essentially a new world monetary system that is based upon gold and silver backing. It intends to replace the "fiat money" system, where money is created out of nothing and has no backing other than the people's "faith" and willingness to accept it.

While China has tried to remain out of public view, they are the only ones with sufficient gold and silver to back such a system. I know, I know, the official records indicate that Fort Knox has more gold than any other nation. Frankly, I do not trust those official records. In my view, any gold remaining in Fort Knox has been replaced by gold-plated tungsten. In other words, it is counterfeit gold, and its validity is in doubt until there is a full assay and audit. In 2009 some of those tungsten bricks were sold to China on the market. They were not pleased when those counterfeit bricks were traced back to the USA.


But even if all the gold in Fort Knox were real, it would not be nearly enough to back even the dollar, much less a new world monetary system. Even the Chinese government itself has insufficient quantities of gold. This system is being backed by non-government sources in China that are far wealthier than the government itself.

The influence from China, then, is most likely the reason why Mr. Hodges wrote to the Chinese embassy asking them to put pressure on President Obama to sign the necessary papers to facilitate the Global Settlements. (See my weblog for June 19.)

As I have often written in the past, our Western banking system is Babylonian from a prophetic standpoint, while the new system coming is prophetic Medo-Persia, or "the Kings of the East." We are repeating today the great template of prophecy when Darius the Mede and Cyrus of Persia overthrew Babylon in the fifth chapter of Daniel. These were "the Kings of the East" in their day. Mystery Babylon established its economic system in the 1800's and consolidated their control in America in 1914 and more fully in 1933; but God has now raised up new Eastern "Kings" to overthrow them.

The term, "the Kings of the East" is the way John describes them in Rev. 16:12 when speaking prophetically of the drying up of the Euphrates, which prepares the way for the conquest of Babylon. In the prophetic template of prophecy, Cyrus and Darius diverted the water from the Euphrates into a marshy reservoir in order to dry up the Euphrates, allowing them to walk into the city of Babylon on the dry river bed.

In my view, the Euphrates is the life blood of Babylon, and it is the equivalent today of money--the life blood of Mystery Babylon. This diversion, I believe, is mainly being fulfilled by the revaluation of the currency of Iraq (the old territory of Babylon). I believe this will be the main sign of the soon-coming power shift, and we will enter a new era of gold and silver backed money with China in the lead.

Back in 1997, there was a group of 18 women intercessors who went to China as tourists to sing, pray, and intercede for China. They left on June 19 and returned June 28, which was 14 years ago today. Their intercessory work was completed June 28, and then they remained in Hong Kong for a few extra days to witness the transfer of authority over Hong Kong from Britain to China at midnight between June 30 and July 1st.

The handover ceremony was held at the new wing of the Hong Kong Convention and Exhibition Centre in Wan Chai on the night of 30 June 1997. The principal British guest was Charles, Prince of Wales, who read a farewell speech on behalf of the Queen.


There seems to be a strong connection between that ceremonial transfer of authority 14 years ago and the greater events going on this week. It seems likely to me that the transfer of authority in 1997 was a prophetic template of 2011. Might the evening of Thursday, June 30, 2011 be the diversion of the river to prepare the way for the Kings of the East to overthrow the Babylonian monetary system?

The women were interceding for China in 1997. The Kings of the East are God's response to Babylon. God's purpose then was to set His people free from Babylon, because the kings of Babylon had abused their divine mandate to rule as the first of the "beast" empires. Babylon's overthrow reduced Judah's iron yoke to a wooden yoke. Whereas they had been under an iron yoke for 70 years for refusing to submit to Nebuchadnezzar (Jer. 27:11), their sentence was reduced under Medo-Persia, and they were allowed to serve their time back in their own land.

It was a more merciful solution, but they did not gain independence.

We, however, are at the end of the long cycle of beast empires, where God has again raised up Babylon in a new form known prophetically as Mystery (secret) Babylon. God has again raised up the Kings of the East to bring mercy to the West. But this time the situation has one main difference. They do not realize it yet, but the Kings of East will fund the establishment of the Kingdom of God on the earth.

Sounds crazy, right? But keep in mind that Persia funded the construction of the second temple in Ezra's day. Read the decree of Artaxerxes in Ezra 7:11-26. Look especially at verse 20,

"And the rest of the needs of the house of your God, for which you may have occasion to provide, provide for it from the royal treasury."

Look also at verse 25,

"And you, Ezra, according to the wisdom of your God which is in your hand, appoint magistrates and judges that they may judge all the people who are in the province beyond the River, even all those who know the laws of your God; and you may teach anyone who is ignorant of them."

The mandate from the King of Persia was to establish the laws of God and to teach them to those who were ignorant of them. That is our Kingdom Mandate today as well, for the laws of God are the foundation of an orderly society for the Kingdom here on earth.

Those who support the Babylonian system have tried to make us fear the Kings of the East. But God has raised them up to do His work of setting us free. When Darius the Mede took Babylon, he organized the kingdom into 120 provinces (Dan. 6:1) with Daniel in authority. That was a prophetic type of the Kingdom of God, because 120 is the number of the outpouring of the Spirit.

This is the first part of a series titled "A New Look at June 30." To view all parts, click the link below.

A New Look at June 30

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Category: Teachings
Blog Author: Dr. Stephen Jones