Free The Mystery of the Shemitah by Jonathan Cahn Page A

collapse of global trade. Even with this, the market eventually stabilized. But in April of 1931 a downturn began that would bring the world into the depths of the Great Depression. By the end, in July 1932, the amount wiped out of the market was 86 percent. It would take until 1954 for the market to recover its precrash levels.
    The years 1930 and 1931 were marked by several key events and developments that would usher in the depths of the Great Depression. In 1930 there would be another stock market collapse as well as the passing of the Smoot-Hawley Tariff Act in mid-June, which would lead to a collapse in global trade and a further descent of the stock market. By late 1930 the world economy began a deep and steady deterioration.
    And yet the year 1931 would prove to be even more pivotal. It has been called “the year that made the Great Depression great.” In April 1931 a much longer and steadier crash began that brought Wall Street to its lowest levels of the century. The year 1931 was also when a deflationary spiral began, bringing the American and world economies into paralysis.
    Could there be any connection between the Great Depression and the ancient mystery? Were it not for what happened during the years 1930 and 1931, the initial recovery could have continued, thus averting “the Great Depression.” But it was then that the Shemitah came. The Shemitah took place in 1930–1931.
    More specifically, the Shemitah began in late 1930—the same time the world economy began its steady deterioration. In April 1931, the center of the Shemitah year, the stock market began a long-term crash that would bring Wall Street to its lowest levels of the twentieth century and to the depths of the Great Depression.
    The seventh year reached its climax with the approach of Tishri, the month that manifests the Shemitah’s financial repercussions. On September 19, 1931, an event of seismic proportions took place in the financial world: the British Empire made the decision to discard the gold standard upon which its currency rested. The decision resulted in a worldwide panic that triggered the largest monthly percentage drop in stock market history and plunged the nation and the world into the lowest depths of the Great Depression. When did this global financial cataclysm happen? It took place on the fourteenth day of Tishri, the once-in-seven-year Tishri, the month of the Shemitah’s financial repercussions—its climactic autumn wake.
    The ancient Shemitah and the Great Depression proceeded simultaneously. The Shemitah fell entirely within and at the core of the Great Depression. Thus the overlap of the Shemitah to the Great Depression is 100 percent.
    The Ancient Mystery Behind the Greatest Collapses of Modern History
    We have now looked at the majority of the greatest long-term collapses in stock market history and found an amazing thing: The majority happen according to the timing of the ancient Shemitah. And the connection is not minimal. Rather, the average overlap of the Shemitah to the collapse of the stock market is 85 percent.
    If we alter the parameters to include the greatest long-term collapses from the time of the Great Depression onward, the results are just as striking. Of these, over 70 percent of them happen according to the timing of the Shemitah. Of the top five of these crashes, 80 percent of them take place according to the timing of the Shemitah. As for the top two greatest crashes, it becomes 100 percent.
    We have opened up the first mystery, a mystery of two realities: the greatest stock market collapses of modern times and an ancient ordinance from Scripture. The two realities would appear worlds apart. How could they possibly be joined in any way? And yet they are bound together, strangely and inexplicably.

    Now we will look at the cycles of the modern financial world, the greatest heights and turning points, and the cycles of the ancient mystery.

Chapter 11

The CYCLES of SINAI

    Cycles and Turning