1 Peter 1:5-7  (NKJV) 5 (A)who are kept by the power of God through faith for salvation ready to be revealed in the last time. 6 (B)In this you greatly rejoice, though now (C)for a little while, if need be, (D)you have been [a]grieved by various trials, 7 that (E)the genuineness of your faith, being much more precious than gold that perishes, though (F)it is tested by fire, (G)may be found to praise, honor, and glory at the revelation of Jesus Christ,    source

Who are kept by the power of GOD it reads. I have questions.

How by the power of GOD are people kept, especially now?
Through faith for salvation ready to be revealed in the last time. 
This is the last time. It has been since Yeshua ascended.

So, in this last time is it being revealed who is in saving faith?
Will this revealing escalate? That is will world events continue to make it easier to discern who has saving faith and who does not?

In this you greatly rejoice it reads. Am I?
And about what? What am I to greatly rejoice about in this last time?
though now for a little while, if need be, you have been grieved by various trials
Am I to greatly rejoice that my trials are for only a little while?
Okay. A little while is better than a long while, right?
And it does say if need be, doesn’t it?
So, unless it is necessary, I will not be suffering. That’s good, right?
Oh! It’s not just one trial but various. That’s all kinds, right?
But it still says IF NEED BE. I have to remember that.

Wait. Why are these trials necessary, again?
that the genuineness of your faith, being much more precious than gold that perishes, though it is tested by fire, may be found to praise, honor, and glory at the revelation of Jesus Christ,
Oh. No more questions. At least at this moment. 🙂