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Gold is a pure and precious metal, and the wicked love it through selfishness or an unholy lust, while God and his true people love to pave the streets of Zion with it, to overlay altars and pulpits of temples with it, and to make utensils of it of the use of the Priests of the Lord in offering sacrifice to Him, and also for household purposes.

(Brigham Young J.D. 10:254)

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The Coming Financial Collapse Foreseen by Bishop Koyle

Bishop Koyle was told by the heavenly messenger that there would be a great crash in the land before the period of famine began. This crash would be brought about by prices going up. When prices became extremely high, something happened in the land like knocking the stilts from under the person and down came everything. Businesses closed down, people stood in bread lines, and great tribulations were in the land. The following articles are an attempt to show where we stand in Bishop Koyle's prophetic time line.

 

# Article Title Date Hits
41 Silver Shortage: 19 dealers report "Sold Out" Mar 25 2008 8298
42 Foreclosures: Homes Selling for $1 Mar 25 2008 5486
43 Economist Calls Financial Crisis Worst Since 1930s Mar 19 2008 5217
44 International Experts Foresee Collapse of U.S. Economy Mar 08 2008 6811
45 Goldman Sachs: Oil May Reach $200 a Barrel Mar 07 2008 5268
46 Dollar Falls to Record Euro Low Mar 05 2008 4856
47 Are Simultaneous Inflation and Deflation Possible? Feb 28 2008 4964
48 FDIC to Add Staff as Bank Failures Loom Feb 27 2008 6340
49 Food shortages loom as wheat crop shrinks and prices rise Feb 26 2008 4792
50 Banks "Quietly" Borrow $50 Billion from Fed Feb 21 2008 4431
51 The Fall of the Dollar Empire Feb 20 2008 5826
52 Foreclosed Homes Occupied by Homeless Feb 19 2008 6527
53 The Declining Dollar and What It Means for You Feb 18 2008 5065
54 Morgan Stanley Strategist: Head for the Hills! Feb 17 2008 5464
55 Arizona bankruptcy rates rise 63 percent Feb 12 2008 4611
56 FDIC is gearing up for a large bank failure Feb 05 2008 4469
 
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