Is it all about the Oil? Is this the beginning of the shift in the US Dollar?

Courtesy of  Carolyn Franks/

LISTEN NOW! Major events are taking place on the playing field of the world. With Russia’s recent actions in Syria, major implications of what this means is coming into possible view. With perspective of End Times Prophecy, the actions of Russia, is taking shape into the events of what occurs in Ezekiel 38 and 39. In what is described as Gog and Magog, an alliance in the Middle East begins war with Israel. Is this what is taking place?

When CBN specifically talked about these realities, the dots were plainly connected as to how these events could have dire implications on America’s dollar and economy. Currently, the value of Russia’s currency, the Ruble, is directly tied to the value of oil. Because of the low value of oil prices, the placement of Russia’s economy is finding itself in unfavorable days. “It still lives or dies with energy prices.” With Vladimir Putin’s recent move to deploy troops to Syria, sources project it is simply to support Assad. This is not the whole story. With a map of the Middle East, and a pointer in hand, CBN’s Pat Robertson brings plain understanding to what the implications are. According to Robertson, this is not just about Syria, this is about Putin’s goal of controlling the Middle East.

With billions of barrels of oil being in the Middle East, it’s important to understand the history of how America is involved in this paradigm. In 1973, Richard Nixon decided to take America off of the Gold Standard, causing an American Dollar to no longer be backed by Gold. This decision then caused America’s dollar to be based off of the value of oil. Because Saudi Arabia has the largest reserve of oil in the world, agreements were made between Saudi and America with oil and American dollars being the standard. This is why stacks of American dollars were found in Saddam Hussein’s Palace in Iraq. He was leading a leading nation, in regards to oil reserves, but he still needed American dollars to purchase his own oil.  This economic foothold for America can change overnight if the dollar is no longer the world’s baseline for oil purchases.

In an interview with Joel Rosenberg, he shares both the geopolitical and spiritual aspects of these events. “In the 2500 year history since the prophetic word of Gog and Magog was given in Ezekiel 38 and 39, the world has never seen an alliance with Russia and Iran.” That has since changed with present headlines. As Rosenberg continues, he describes the dangers of an “Apocalyptic Islam”. According to Rosenberg, “…they believe, not only, that the end of days is here, but it’s their job to bring about the end of the world.”

This is happening right now, in our generation, and in this present moment. We need to understand not just what is happening, but the WHY behind these events. Watch and listen to the complete unfolding of events, and so much more. Also shared in this segment: Bashar Al-Assad, Syria, Middle East Civil War, CBN, Pat Robertson, Hegemony, Suez Canal, Oil reserves, Persian Gulf, Naval Bases, Jordan, Strait of Hormuz, Bab Al Mandab, Richard Nixon, Gold Standard, World currencies, The Ruble, Weimar Republic, oil prices, Roe v Wade, Georgetown, petrodollar, Gog and Magog, and Prophecy. Greg and John shared in this segment.

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