20 The sheep which you saw with two horns, they are the kings of Media and Persia.
And as for me, in the first year of Darius the Mede I was on his side to make his position safe and make him strong. And now I will make clear to you what is true. There are still three kings to come in Persia, and the fourth will have much greater wealth than all of them: and when he has become strong through his wealth, he will put his forces in motion against all the kingdoms of Greece.
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Commentary on Daniel 8 Matthew Henry Commentary
Chapter 8
The visions and prophecies of this chapter look only and entirely at the events that were then shortly to come to pass in the monarchies of Persia and Greece, and seem not to have any further reference at all. Nothing is here said of the Chaldean monarchy, for that was now just at its period; and therefore this chapter is written not in Chaldee, as the six foregoing chapters were, for the benefit of the Chaldeans, but in Hebrew, and so are the rest of the chapters to the end of the book, for the service of the Jews, that they might know what troubles were before them and what the issue of them would be, and might provide accordingly. In this chapter we have,
The Jewish church, from its beginning, had been all along, more or less, blessed with prophets, men divinely inspired to explain God's mind to them in his providences and give them some prospect of what was coming upon them; but, soon after Ezra's time, divine inspiration ceased, and there was no more any prophet till the gospel day dawned. And therefore the events of that time were here foretold by Daniel, and left upon record, that even then God might not leave himself without witness, nor them without a guide.
Dan 8:1-14
Here is,
Dan 8:15-27
Here we have,