As predicted, gold hits an all-time high against the USA dollar

Gold bullion

As mentioned in the Letter to the Brethren of July 27, 2023 (see Letter to the Brethren: July 27, 2023), we received and mailed out the print edition of the book, Lost Tribes and Prophecies: What will happen to Australia, the British Isles, Canada, Europe, New Zealand and the United States of America?

On page 293 of the print edition and page 317 of online version of my book is the following statement:

Gold will set records in U.S. dollar terms.

This occurred on Sunday, December 3, 2023 and then Monday December 4, 2023:

Gold has never been this expensive

Gold prices hit an all-time high Monday, buoyed by growing expectations of interest rate cuts among investors, a weaker dollar and geopolitical tensions.

Prices for the yellow metal jumped as much as 3% in Monday trade to reach $2,135 per ounce, rising above the previous record of $2,072 notched in August 2020. Prices later fell on the day to trade at $2,023 by 11.57 a.m. ET. https://www.cnn.com/2023/12/04/investing/gold-price-rise-all-time-high/index.html

Spot gold briefly traded above $2,100 an ounce on Sunday evening in New York, setting a new all-time high. https://www.cnbc.com/2023/12/04/gold-prices-set-for-new-highs-amid-economic-geopolitical-uncertainty.html

That said, experience teaches us that gold can also go down in value, so investors should always be cautious.

Yet, we who truly believe the Bible know that gold will have value after the USA dollar has collapsed because of prophecies in Daniel 11:39-43, Zechariah 14:14, and Revelation 17:4 and 18:12,16:

40 “At the time of the end…43 He shall have power over the treasures of gold and silver (Daniel 11:40,43)

14… And the wealth of all the surrounding nations
Shall be gathered together:
Gold, silver, and apparel in great abundance. (Zechariah 14:14)

12 … merchandise of gold and silver, precious stones and pearls … 16 … ‘Alas, alas, that great city that was clothed in fine linen, purple, and scarlet, and adorned with gold and precious stones and pearls! (Revelation 18:12, 16)

4 The woman was arrayed in purple and scarlet, and adorned with gold and precious stones and pearls (Revelation 17:4)

There are no similar statements backing up the future value of paper items, like the US dollar or the British pound (scripture, indirectly, teaches their elimination, for details see Anglo – America in Prophecy & the Lost Tribes of Israel). Daniel 11:24 shows that the leader mentioned in Daniel 11:40-43 will somehow also be accumulating wealth prior to this time, and that may involve gold accumulation (cf. Daniel 11:38). Perhaps to back up a European-supported currency, he also may end up with personal and/or national gold reserves and/or wealth from the Vatican. The Vatican has a vast amount of wealth and is prophesied to be improperly involved with the kings of the earth in the end times per Revelation 17.

Lat me add that gold will, for a time, be considered less than worthless as the prophet Ezekiel warned:

19 They will throw their silver into the streets,
And their gold will be like refuse;
Their silver and their gold will not be able to deliver them
In the day of the wrath of the Lord;
They will not satisfy their souls,
Nor fill their stomachs,
Because it became their stumbling block of iniquity. (Ezekiel 7:19)

Now the above does not happen until well AFTER the Great Tribulation begins and the USA (and its dollar) are gone. But it is also a warning to not put trust in gold.

And we should have even less trust in the value of the USA dollar.

The Bible shows that the Babylonian, European Beast power will control a lot of gold.

Related to that, the Continuing Church of God (CCOG) put out the following video on our Bible News Prophecy YouTube channel:

17:48

Beast Prophecies and European Gold

Gold is so valuable it is called a precious metal. What nation has the most of it? Is there an area of nations with more? Will gold last longer than the USA dollar? Are there properties about the Beast and/or the Antichrist in the Bible that show that the European Babylonian Beast power will amass gold during the time of the Great Tribulation? Are there Eastern Orthodox prophecies that look forward to this? Are there biblical and Roman Catholic prophecies that warn against this? Are European central banks already accumulating gold? Did Swiss America state that some central banks are leaning towards a gold standard? Might the coming King of the North accumulate gold to use to help shore up his currency after the demise of the US dollar? Dr. Thiel addresses these issues and more.

Here is a link to the sermonette video: Beast Prophecies and European Gold.

What about silver?

Silver has long been used as money.

It should be noted that the Bible does show that silver (along with gold) will have value into at least the first few couple of years of the Great Tribulation. Here are some end time prophecies from scripture that help show that:

40 “At the time of the end…43 He shall have power over the treasures of gold and silver (Daniel 11:40,43)

14… And the wealth of all the surrounding nations
Shall be gathered together:
Gold, silver, and apparel in great abundance. (Zechariah 14:14)

12 … merchandise of gold and silver, precious stones and pearls … (Revelation 18:12)

Yet, throughout history, governments have often debased the value of their silver currency by making it dross.

This is something that the Bible warns against:

4 Take away the dross from silver (Proverbs 25:4a).

In the USA, its “silver” became “dross” in 1965.

Interestingly the USA, not being satisfied with simply making its silver dross, has taken so many steps to make its currency dross through debt, “quantitative easing”, massive deficits, and politically-motivated spending that it pays no attentions to God’s warnings about cheapening the money supply.

We have the following silver-related video:

15:10

Silver, Science, and Scripture

What is silver? What is it used for? How long has it been used? Will it have use in the future? There was an archaeological discovery that concluded that silver was used as a form of payment 3,700 years ago in the Levant (roughly the area of Israel, Lebanon, and Syria)–that was 500 years earlier than many thought it had been used there. Was silver shown to be used even a couple of centuries earlier than that by Abraham in the Bible? What is dross? Did ancient Rome have dross coins? Did the USA switch to dross coins instead of silver in 1965? Does the Bible teach against the use of dross? Does the Bible prophesy that silver will have value into the Great Tribulation? Are there Greco-Roman Catholic prophecies pointing to Great Monarch amassing precious metals and the Antichrist using wealth as bait? Will there be a time when people toss their silver into the street? Are there any radioactive risks with silver? Will gold and silver have value in the millennium? What does the word of God teach is more valuable than gold or silver? What should you invest in? Steve Dupuie and Dr. Thiel address these issues.