Elul 29 & The End Of The Age

Tomorrow is Elul 29 on the Hebrew calendar, the last day of the Jewish year 5774.  Starting Thursday (actually at sunset tomorrow), a new Sabbatical year, the Jewish "Shemitah", will begin.  Is this the 'End of the Age'?

THE MYSTERY OF THE SHEMITAH

Pastor Jonathan Cahn, a messianic Jewish Rabbi who leads Hope of the World ministries in New Jersey, just released a new book, The Mystery of the Shemitah, which focuses on the historical relationships between the Jewish "Shemitah", the Sabbatical year of rest that recurs every seven years on the Hebrew calendar, and economic and geopolitical crises.
Of particular note were the last two Shemitahs from September 30, 2000 to September 17, 2001 and from September 13, 2007 to September 29, 2008 (the Hebrew calendar year is based upon a lunar year).  Both of these periods saw substantial reversals in the stock market and economy that were capped by major crashes on the very last day of the Jewish year, Elul 29.
Elul 29 has special significance to Jewish believers in the Sabbatical year:

At the end of seven years you will make a release. And this is the manner of the release: to release the hand of every creditor from what he lent his friend; he shall not exact from his friend or his brother, because the time of the release for the Lord has arrived. (Deuteronomy 15:1–2)

Personal debts are considered forgiven at sunset on the 29th of Elul. Since this aspect of shmita is not dependent on the land, it applies to Jews both in Israel and elsewhere. (Wiki)

As noted in my September 2012 blog on the topic:

....there is an intriguing phenomenon surrounding the date of Elul 29 on the Jewish calendar.  As Rabbi Cahn discovered and spelled out in his book, The Harbinger, on this last day on the Jewish calendar in the last two Sabbatical Years, 2001 and 2008 (Sabbatical Years occur every seven years under Jewish tradition), two of the three largest point drops in the DJIA in stock market history occurred: 

The plunge of just over 7 percent or nearly 700 points on 9/17/01, or 29 Elul 5761 on the Hebrew calendar, occurred in response to the 9/11 attacks.  The drop of 777.7 points or 7 percent on 9/29/08, or 29 Elul 5768 on the Hebrew calendar, took place in reaction to the U.S. Congress failing to approve the first vote for a Wall Street bailout during the financial crisis that year. 

As pointed out in the section of my April (2012) blog dubbed, "The Mystery Of The Shmita & The Septennial Sabbatical Cycle", it's an incredible coincidence that two of the three largest point drops in the Dow struck on the last day of the seven-year Jewish Sabbatical cycle.  In fact, statistically the odds of this occurring are more than a million to one. 

So maybe God's trying to make a point with us.  What point could that be?

To be continued...

ELLIOTT WAVES & AUTUMN PANICS
HISTORY REPEATS ITSELF
ECLIPSES & MISFORTUNES
THE ASSYRIANS & GOD'S JUDGMENT
BELIEVERS vs. NON-BELIEVERS
MAN vs. GOD
HISTORY IS GOD'S LOVE STORY
THE MILLENNIAL SABBATH

Harbinger Update: Elul 29 = September 16th this year

8/11/15 UPDATE: Elul 29 = September 13th in 2015

9/22/14 UPDATE: Jonathan Cahn, The Coming Shemitah Year & God's Judgment

Just an FYI.

As noted in my April blog, "Jonathan Cahn: The Harbinger", there is an intriguing phenomenon surrounding the date of Elul 29 on the Jewish calendar.  As Rabbi Cahn discovered and spelled out in his book, The Harbinger, on this last day on the Jewish calendar in the last two Sabbatical Years, 2001 and 2008 (Sabbatical Years occur every seven years under Jewish tradition), two of the three largest point drops in the DJIA in stock market history occurred:



The plunge of just over 7 percent or nearly 700 points on 9/17/01, or 29 Elul 5761 on the Hebrew calendar, occurred in response to the 9/11 attacks.  The drop of 777.7 points or 7 percent on 9/29/08, or 29 Elul 5768 on the Hebrew calendar, took place in reaction to the U.S. Congress failing to approve the first vote for a Wall Street bailout during the financial crisis that year.

As pointed out in the section of my April blog dubbed, "The Mystery Of The Shmita & The Septennial Sabbatical Cycle", it's an incredible coincidence that two of the three largest point drops in the Dow struck on the last day of the seven-year Jewish Sabbatical cycle.  In fact, statistically the odds of this occurring are more than a million to one.

So maybe God's trying to make a point with us.  What point could that be?

Consider this.  9/11 involved massive strikes against the greatest symbols of American "Capitalism and Imperialism", i.e., the World Trade Center towers and the Pentagon.  These attacks against the U.S. were carried out by Islamic extremists under the guidance of Communist forces. Islam purportedly represents "submission to God's will" and Communism purportedly signifies "sharing wealth equally".  In this context, one might well argue that 9/11 was a warning from God to America of the need to submit to God's will to share our wealth.

Needless to say, America, and Wall Street in particularly, failed to learn any lesson from 9/11.

Thus, unrestrained greed ran amok for another cycle and what emerged was a sub-prime mortgage bubble that epitomized financial corruption throughout our society.  Eventually the bubble burst, however, and when Wall Street didn't get the bailout it wanted from Main Street on 9/29/08, the second Elul 29 crash struck.  So too did a prolonged economic collapse as American Capitalism seemed to fail.

Yet, just as the 'Harbinger' prophecy from Isaiah 9:10 foretells, God's people still fail to get the divine message:

“The bricks have fallen down,
but we will rebuild with dressed stone;
the fig trees have been felled,
but we will replace them with cedars.”

As President Obama puts it:




The truth is that rebuilding in contravention to God's will is ultimately futile.

I think what's key here is what Jews are called upon to do on the last day of the Sabbatical Year, Elul 29th:

When the Shmita (Sabbatical) year ends, personal debts which are due during that year are considered nullified and forgiven. The Book of Leviticus promises bountiful harvests to those who observe the shmita and makes observance a test of religious faith. [Wiki]

Are the "creditors" of this world forgiving debts as their debts were forgiven by Christ?

I think not.

Now the question is, how is God the Author of this story in which we dwell going to respond to such disobedience?

I can't say for sure, but it seems I've long been pointing out a likely source of a future upset.  If Russia is indeed misleading the West and utilizing the Islamic world's hatred and anger toward us for the purpose of unleashing a surprise third world war, then this would clearly constitute a most profound punishment for our nation's sins.

Finally, this brings us to Elul 29 of this year.  While I doubt God has anything planned for the date this year, since this is not a Sabbatical Year (the next year ends in September of 2015 when I expect the cycle to reach its low), what I can say is that the stock market appears to be ending a diagonal triangle pattern that in the context of the Elliott Wave Principle indicates an extraordinarily sharp reversal may be imminent.  That something would occur in the wake of Ben Bernanke's offer to print more money galore seems symbolic in that the recent run-up on Wall Street in response is the epitome of misplaced faith in the false god of Mammon rather than the true God of Israel.  Meanwhile, the new moon approaches just as Israel has come to believe it has no other option but to strike Iran's nuclear weapons program. In fact the new moon occurs on Elul 29, which is September 16th on a Gregorian calendar.