New Monetary System, Gold & Silver, Recession, Bankruptcies. Prophecy by David Wilkerson in April 1973. See transcript and video link below:
https://youtu.be/R0B6YrZLGpU
New Monetary System, Gold & Silver, Recession, Bankruptcies prophecy – David Wilkerson – April 1973
Worldwide Economic Confusion – striking Europe first
A False Economic Boom, will come before the Recession
World Credit System between nations will soon develop
Bankruptcies of Major Corporations
Auto Industry will be hurt badly
Housing starts level off / Developers wiped out
Gold & Silver rise. Gold will not hold its value long term
Dollar will appear too gain strength just before Recession
New World Monetary System
Riots & Demonstrations – Minority Groups Unemployed
Social Aid Programs will be cut back and curtailed
United States will be blamed by most nations
Washington and American Bankers blamed
A crash is coming. there is worldwide economic confusion just ahead. in my vision, this is the clearest thing I have seen. many praying people now share this very same vision. not only, as the American dollar headed for deep trouble, but so are all other world currencies. I see total economic confusion striking Europe, first. and then affecting Japan, the United States, Canada, and all other nations shortly thereafter. it is not really a depression I see coming. but a recession of such magnitude that it will affect the lifestyle of nearly every wage earner in America, and around the world. countries that now control huge amounts of Western currency, are going to be in very deep trouble, also. Arab countries will especially be hurt. without a doubt, there are lean years ahead full of monetary confusion and despair. how soon is not clear. but it is not far away. the world’s greatest economists will be at a loss, to explain the confusion. and an international crisis of fear will develop. a false economic boom will precede the recession. but it will be short-lived.
Bankruptcies of major corporations. I believe we are going to witness the bankruptcies of some of this nation’s major and most popular corporations. I see tremendous difficulty arising for credit corporations. there are going to be so many people unable to pay off their heavy obligations, to major credit card companies, causing near chaos. thousands of small businesses will also be forced into bankruptcies.
The auto industry is going to be hurt badly. makers of recreational vehicles are going to get hit very hard. appliance inventories will pile up, and sales will fall off, drastically. almost every economic indicator will be gloomy. it will be spotty at first. but it will eventually affect nearly all industry.
Speculators face difficult times ahead. and a good number of big developers, are going to be completely wiped out. the greatest building boom of all time is still in the future. and the Bible predicts it will come. but before that, soon, the building industry is going to face many setbacks. housing starts will level off. there is a terrible squeeze coming for the entire building industry.
Not even gold will provide security. Gold prices are soaring. but those who are investing in this commodity, hoping to find security, are in for a tragic surprise. the price of gold is going to rise astronomically. but it will not be sustained over a long period of time. silver will also become a very precious metal. and its price will go wild. but neither silver nor gold will offer real security. the fluctuating and uncertain value of gold and silver, will be a part of the total picture of economic confusion, that grips the world. believe it or not, even gold will not hold its value. gold hoarders are going to get hurt, badly. This is one of the most significant predictions in this book.
A new world monetary system. There will develop a call, for revamping all world monetary systems, into one uniform system. and even though the dollar will appear to be gaining strength, just before the coming major recession, a new crisis will develop that will shake the entire financial world. it will be years before faith in the American dollar will be restored.
A world credit system between nations, will soon develop. setting the framework for the future world monetary and trade system.
More riots and demonstrations. the rioting and demonstrating, the looting and unrest of the 60s are now history. but the riots are not over. another wave is coming. this time I see Puerto Ricans, Cubans, and Mexicans, deeply involved. the coming economic confusion will ignite another round of demonstrations riots and civil disorder. social aid programs are going to be cut back and curtailed. and minority groups are going to be affected the most. these cutbacks, along with the curtailment of many government projects, will cause widespread unemployment, among these groups.
The United States to be blamed. Although economic actions in Europe will trigger the coming recession. the United States will be blamed by most nations for what happens. France, will become one of the most vicious anti-American nations in the world. politicians and businessmen, in Europe and Japan, will place the blame on Washington, and the American Bankers.
Prophetic Money comment:
Here is additional prophecy about the increasing Value of Land that was not included in the clip:
A rush to the country. there will be a sudden rush to buy farms, ranches, and homes in the country. thousands will attempt to flee from cities. hoping that a return to the land and nature, will provide security. there will be a growing urge to get away from it all. and much money will be invested in land and acreage, in rural areas, by people who have secret dreams of raising their own food and cattle, and of becoming self-supporting. the price of open rural land will continue to soar. acreage within 100 miles of most major cities will skyrocket, out of reach to all, but syndicates.
Beware, hoarding will not help. it is not a time to hoard money, because it will not provide real security. it is still possible that we can face the time, when even government insured savings will not be paid. the only real security is in land. money that is hoarded, will disappear like sand out of a bag, with holes in it.
Also see original video for full prophecy:
Economic Confusion – David Wilkerson – The Vision – Episode 1
https://youtu.be/C9nflLFdX_Q
NotebookLM AI Summary:
The sources provide a transcript of David Wilkerson’s vision, originally published in 1974, which details a period of profound economic confusion and social upheaval. Wilkerson clarifies that his message is intended to warn and prepare, rather than to serve as a doctrinal statement or a fear-mongering tool.
The vision can be summarized through several key themes:
The Economic Collapse
Wilkerson predicts a large-scale recession—not a total depression—marked by worldwide currency instability.
- The False Boom: Before the crash, the world would experience a period of tremendous affluence and record-breaking spending, leading to uncontrollable credit debt and “white-hot” inflation.
- Widespread Bankruptcies: Major corporations, thousands of small businesses, and even large religious denominations and independent missionary societies will face bankruptcy as funds dry up.
- Ineffective Government Response: The U.S. government is expected to make panic-driven decisions to shore up the economy, which will ultimately backfire and lead to a loss of public trust.
Social and Industrial Shifts
The economic turmoil will cause significant shifts in society and industry:
- Backlash Against Environmentalism: As economic pain hits personal finances, environmentalists and ecologists will be used as scapegoats for energy and food shortages, leading to a widespread rejection of their programs.
- Urban Exodus: There will be a sudden rush to buy rural land, with thousands fleeing cities to find security in self-sufficiency.
- Increased Violence and Unrest: The sources describe a new wave of riots and civil disorder, particularly fueled by cutbacks in social programs affecting minority groups.
- Personal Despair: Unlike the Great Depression’s public suicides, Wilkerson foresaw a trend of suicides via overdoses of narcotics and sedatives among the wealthy and business elite.
A New World Order
The vision details the emergence of a centralized global power base:
- The Shift to Europe: The world’s economic power base will shift to Europe, and a “super world leader” from a revived Roman Empire may arise to restore order.
- Global Credit System: This leader will institute a worldwide credit system requiring invisible numbers (a “mark”) to be tattooed on the forehead or forearm for all buying and selling.
- The Insecurity of Gold: Wilkerson explicitly warns that while gold and silver prices will soar, they will not provide real security and their value will fluctuate wildly.
Preparation and Advice
Wilkerson urges believers to take practical steps to survive the “lean years”:
- Eliminate Debt: He emphasizes the necessity of clearing all debts, avoiding new financial obligations, and maintaining a minimal cash-flow requirement.
- Focus on People: Religious organizations are encouraged to become “people conscious” rather than “building conscious,” abandoning expensive expansion projects.
- Spiritual Soundness: He warns that “positive thinking” alone will not stop the economic crisis and that true stability comes from godly living and preparing for the inevitable cycle God has ordained.
To help visualize this, you might think of the global economy in this vision as a massive ocean liner that has been running its engines too hot for too long. While the passengers are still dancing and celebrating on the deck, the fuel is running out and the engine room is beginning to fail. Wilkerson’s message is a call to stop the festivities, secure the lifeboats, and prepare the crew for a long, cold night at sea before the ship loses power completely.