"From the Psalms we turn now to the Prophets, in which we find a series of divine predictions based upon the promises made to David in 2 Samuel 7. Before turning to the more important of these, let it be again pointed out that the new things of Christ's kingdom were portrayed under the veil of the old, that when the Holy Spirit made mention of gospel times they necessarily partook of a Jewish coloring. In other words, existing things and institutions were employed to represent other things of a higher order and nobler nature, so that the fulfillment of those ancient predictions are to be looked for in the spirit and not in the letter, in substance and not in regards to actual form. Only as this clearly established principle is held fast shall we be delivered from the carnalizing of the Jews of old, and the gross literalizing of dispensationalists of today."
Arthur W. Pink- The Divine Covenants- Part Six The Davidic Covenant