Hong Kong Recalls Its Gold from London


The 220 kg Gold brick displayed in Chinkuashi Gold Museum, Taiwan

COGwriter

Hong Kong announced that it is recalling its gold from London:

Hong Kong recalls gold reserves, touts high-security vault
In a challenge to London, Asian states invited to store bullion closer to home
MarketWatch – Sept 3, 2009

HONG KONG (MarketWatch) — Hong Kong is pulling all its physical gold holdings from depositories in London, transferring them to a high-security depository newly built at the city’s airport, in a move that won praise from local traders Thursday.

The facility, industry professionals said, would support Hong Kong’s emergence as a Swiss-style trading hub for bullion and would lessen London’s status as a key settlement-and-storage center…

Management firm Value Partners planned to launch an ETF gold fund that will use Hong Kong instead of London as a repository for the gold backing the fund, local reports said Thursday.

Chris Oliver is MarketWatch’s Asia bureau chief, based in Hong Kong.

http://www.marketwatch.com/story/hong-kong-recalls-gold-reserves-from-london-2009-09-03

For many reasons, this was a good economic move for Hong Kong (which is now part of China and not the UK).

Since London will likely be destroyed in the future, it makes perfect sense the those in Hong Kong want their gold back.

Both biblical and non-biblical prophecies tell of a time when the final King of the North will acquire gold.  And this would likely also include any that happens to be left in London.

Some articles of possibly related interest may include:

Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Will he acquire gold?  Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States?
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?
Asia in Prophecy What is Ahead for Asia? Who are the “Kings of the East”? What will happen to nearly all the Chinese, Russians, Indians, and others of Asia? China in prophecy, where? Who has the 200,000,000 man army related to Armageddon?
Physical Preparation Scriptures for Christians. We all know the Bible prophecies famines. Should we do something? What about gold?



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