World Bank president: 'One shock away from crisis'

Prophecy Sign: A restructuring of the global economy, (probably due to economic collapse), and gold/silver becoming important commodities in the last days.

In the last days, the global economy will likely collapse due to the immense sovereign debt loads. This collapse will allow the global financial system to be restructured into what we know as the New World Order of the Antichrist. This system too will collapse, (read Revelation 18), and it will be such a devastating collapse that even gold and silver will have little to no value.

Now listen, you rich people, weep and wail because of the misery that is coming on you. Your wealth has rotted, and moths have eaten your clothes. Your gold and silver are corroded. Their corrosion will testify against you and eat your flesh like fire. You have hoarded wealth in the last days. James 5:1-3 NIV

They will throw their silver into the streets, and their gold will be an unclean thing. Their silver and gold will not be able to save them in the day of the LORD's wrath. They will not satisfy their hunger or fill their stomachs with it, for it has made them stumble into sin. Ezekiel 7:19 NIV

The merchants of the earth will weep and mourn over her because no one buys their cargoes any more— cargoes of gold, silver, precious stones and pearls; fine linen, purple, silk and scarlet cloth; every sort of citron wood, and articles of every kind made of ivory, costly wood, bronze, iron and marble; Revelation 18:11-12 NIV

From the news articles:

The president of the World Bank has warned that the world is "one shock away from a full-blown crisis". Robert Zoellick cited rising food prices as the main threat to poor nations who risk "losing a generation". He was speaking in Washington at the end of the spring meetings of the World Bank and International Monetary Fund.

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A deal among G20 finance ministers to boost the International Monetary Fund's scrutiny of the seven biggest economies has failed to ease concerns about global economic recovery, which have pushed the gold price to a record of almost $US1500 an ounce. As International Monetary Fund and G20 meetings ended in Washington yesterday, markets were rattled by reports that the fund believed Greece had no alternative to default and of inflationary surges in China and India.

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Gold prices rallied to a record high $1,497.20 an ounce on Monday after Standard & Poor's downgraded its credit outlook for the United States and as investors worried about debt in the euro zone and inflation in China. S&P said it might eventually cut its long-term rating on the United States within two years, prompting investors to buy gold as a hedge against economic uncertainty. The ratings agency cited a risk that policymakers may not reach agreement on a plan to slash the huge federal budget deficit.

World Bank president: 'One shock away from crisis'

http://www.bbc.co.uk/news/business-13108166

IMF deal fails to ease fears for world economy

http://www.theaustralian.com.au/business/markets/imf-deal-fails-to-ease-fears-for-world-economy/story-e6frg926-1226040598023

Gold hits record near $1,500 after S&P cut

http://www.reuters.com/article/2011/04/18/us-markets-precious-idUSTRE73786N20110418

Overheating China threatens global inflation

http://blogs.reuters.com/columns/2011/04/15/overheating-china-threatens-global-inflation/

U.S.

credit rating outlook lowered by S&P

http://money.cnn.com/2011/04/18/news/economy/us_credit_rating_outlook_lowered/index.htm