The 220 kg Gold brick displayed in Taiwan
Debt and gold made the news today:
Gold bulls claim price could double to $3,000 in five yearsFears that American, British and other governments intend to inflate their way off the rocks of excessive debt prompted record inflows into gold this week.
Although gold is expected to be valuable until sometime after the start of the Great Tribulation (cf. Daniel 11:386-43; Revelation 18), it will have ups and downs. If it goes high enough or other factors catch the attention of certain governments, ownership may become illegal once again–but maybe not.
Since one cannot eat gold and it tends to be more susceptible to storage of radiation (see Physical Preparation Scriptures for Christians), this may be why sometime in the “Day of the Lord”, gold will be less than worthless (Ezekiel 7:19).
The Bible does warn against debt the consequences of it (cf. Habakkuk 2). The USA and UK are the most indebted and about the most per indebted per person, respectively, countries in the world. Eventually, the US dollar and UK pound will be worth nothing. This does NOT mean that gold will necessarily rise to $3,000 per ounce in the near term (it could drop a lot from where it now is). But in the long-term, without national repentance, the US and UK currencies will be totally worthless, and right when that happens, gold with be extremely more valuable than it currently is from a US/UK perspective.
Some articles of possibly related interest may include:
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, British, Scottish, Welsh, Australians, Anglo-Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo nations? Why might God allow them to be punished first?
Prophecies of Barack Obama? Eight reasons why Barack Obama is apocalyptic and eight reasons why Barack Obama is not the Antichrist. This article includes many biblical and non-biblical prophecies, from around the world, that seem to discuss Barack Obama. Did Nostradamus predict Barack Obama dealing with the Antichrist? Might Barack Obama set the stage for the kings of the North and South as at least one Shiite prophecy suggests? This is the longest and most complete article on this page on Barack Obama prophecies. Read it and decide for yourself if President Obama seems to be fulfilling various prophecies.
Barack Obama, Prophecy, and the Destruction of the United States Some claim that Barack Obama is the prophesied “son of Kenya”, based up an early 20th century writing.
Can the Great Tribulation Begin in 2010, 2011, or 2012? Can the Great Tribulation begin today? What happens before in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord?
Physical Preparation Scriptures for Christians. We all know the Bible prophecies famines and economic problems. Should we do something?