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The hypothesis that the years 2014-2015 are of high prophetic significance based on the conjunction of lunar eclipses, Hebrew holidays and an alleged “Shemitah” year has gained rapid attention in evangelical Christian circles.
This approach has become more than the thought of one or two men; it has become a movement.
It appears that this movement started with the work of Pastor Mark Biltz, was picked up by a messianic Rabbi named Jonathan Cahn and by television evangelist, John Hagee. Books, DVDs, Study Guides, blogs and media appearances have multiplied as the interest in this topic has intensified.
Rabbi Cahn proposes the theory that a market collapse is likely to occur in the fall of 2015 in close proximity with the lunar eclipse of September 28th, and perhaps in the Spring in close proximity with the lunar eclipse of April 4th, and that other events of great prophetic significance are also likely to occur this year. The theory holds that the law of Shemitah, that is the Torah stipulation which mandates a debt “release” every seven years, applies not just to Israel, but to other nations such as the United States, as well.
This white paper is not designed to examine one particular author and/or one particular book. It is an attempt to factually test common claims associated with this movement. Not every claim dealt with in this paper is held by every promulgator of the general point of view. The reason for this is that this paper is designed for the ordinary investor who is troubled by these claims at the grassroots level and at the grassroots level, these various ideas are widely drawn from various broadcasters, authors and speakers.
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