Donald Trump announced 25% steel and aluminum tariffs, then gold hit another all-time high
The 220 kg Gold brick displayed in Taiwan
Donald Trump’s statements and actions are having a variety of unintended consequences. Notice the following:
11 February 2025
US President Donald Trump has said he wants to hike taxes on imports in a bid to boost domestic production. But the measure has a wider impact on the rest of the world. …
European Union chief Ursula von der Leyen said the bloc will respond to any tariffs the US might impose on it.
“I deeply regret the US decision to impose tariffs on European steel and aluminum exports,” von der Leyen said in a statement on Tuesday.
“Unjustified tariffs on the EU will not go unanswered — they will trigger firm and proportionate countermeasures,” she wrote, adding that the “EU will act to safeguard its economic interests. We will protect our workers, businesses and consumers.”
The EU response comes after US President Donald Trump ordered a 25% tariff on foreign steel and aluminum imports that is set to take effect in March. https://www.dw.com/en/us-updates-eu-vows-tough-countermeasures-to-tariffs/live-71568919
February 11, 2025
Bullion surged to a fresh peak above $2,942 an ounce, before paring back. On Monday bullion rose above $2,900 for the first time ever, after President Donald Trump imposed tariffs on US steel and aluminum imports, adding to uncertainty in global markets. He also warned the tariffs “may go higher.”
The precious metal has surged about 11% this year, setting successive records, as Trump’s disruptive moves on trade and geopolitics reinforce its role as a store of value in uncertain times. Traders are also trying to get a read on the potential implications for the US economy and monetary policy should the White House’s policies reignite inflation and subdue growth.
Investors will be focused on Federal Reserve Chair Jerome Powell’s testimony before Congress on Tuesday and Wednesday for clues about monetary policy. …
“Until we see clarity on the US policies, both trade-related and economic, it will create an environment for increased levels of gold volatility,” said Joseph Cavatoni, senior market strategist for North America at industry lobby the World Gold Council. “So, while we might see a $3,000 gold price, we expect there could be ongoing movements that bring us back below.”
Spot gold was down 0.1% at $2,905.73 an ounce at 10:28 a.m. in London, after rising to as high as $2,942.68. https://finance.yahoo.com/news/gold-rises-another-record-high-235124378.html
As far as gold goes, notice something from my latest book available at Amazon Kindle: Unintended Consequences and Donald Trump’s Presidency: Is Donald Trump Fulfilling Biblical, Islamic, Greco-Roman Catholic, Buddhist, and other America-Related Prophecies? as well as Amazon print :
Since many are now questioning the role of the USA dollar as the world’s reserve currency, more are looking into other currencies as well as gold.
Gold will set records in U.S. dollar terms. … gold will set further records in U.S. dollar terms in the relatively near future.
(Thiel B. Unintended Consequences and Donald Trump’s Presidency: Is Donald Trump Fulfilling Biblical, Islamic, Greco-Roman Catholic, Buddhist, and other America-Related Prophecies? Nazarene Books, 2025, pp. 204, 205)
And we have already seen gold hit a record price at least twice (01/31/25 and 02/10/25) since that book came out less than four weeks ago.
Notice, also, excerpts from my article 25 items to prophetically watch in 2025:
14. Gold
While some economists have called gold a ‘relic,’ it still has value internationally. …
I have repeatedly written that gold will hit record highs against the USA dollar and that keeps happening–and despite ups and downs, that is not over.
Furthermore, yes, many in the world are looking to gold. Fiat currencies, like the USA dollar and British pound are backed by nothing. Many know this and think that will last forever–well the monetary system will not stay as it has been.
The Bible prophesies King of the North will get gold which end time Babylon will trade with:
37 He shall regard neither the God of his fathers nor the desire of women, nor regard any god; for he shall exalt himself above them all. 38 But in their place he shall honor a god of fortresses; and a god which his fathers did not know he shall honor with gold and silver, with precious stones and pleasant things. 39 Thus he shall act against the strongest fortresses with a foreign god, which he shall acknowledge, and advance its glory; and he shall cause them to rule over many, and divide the land for gain. 40 “At the time of the end the king of the South shall attack him; and the king of the North shall come against him like a whirlwind, … 43 He shall have power over the treasures of gold and silver, and over all the precious things of Egypt … (Daniel 11:37-40,43)
10 … ‘Alas, alas, that great city Babylon, that mighty city! For in one hour your judgment has come.’ 11 And the merchants of the earth will weep and mourn over her, for no one buys their merchandise anymore: 12 merchandise of gold and silver, precious stones and pearls, fine linen and purple, silk and scarlet, every kind of citron wood, every kind of object of ivory, every kind of object of most precious wood, bronze, iron, and marble; 13 and cinnamon and incense, fragrant oil and frankincense, wine and oil, fine flour and wheat, cattle and sheep, horses and chariots, and bodies and souls of men. 14 The fruit that your soul longed for has gone from you, and all the things which are rich and splendid have gone from you, and you shall find them no more at all. 15 The merchants of these things, who became rich by her, will stand at a distance for fear of her torment, weeping and wailing, 16 and saying, ‘Alas, alas, that great city that was clothed in fine linen, purple, and scarlet, and adorned with gold and precious stones and pearls! (Revelation 18:10-16)
While the Bible is clear that gold will, for a time, not be wanted but tossed (Ezekiel 7:19), it is obvious that into the Great Tribulation (Matthew 24:21-22), which starts in verse 39 of Daniel 11, gold will have value (see also The Plain Truth About Gold in Prophecy. How Should a Christian View Gold?).
The old Worldwide Church of God published the following:
Of course, since gold is regarded as a disaster hedge by many investors, prudence might dictate that perhaps a small fraction of your liquid assets be in gold: (Caulkins J. WHEN MONEY FAILS. Good News, October-November 1979) In Revelation 18, we are given a graphic description of Europe at its future economic peak. Remember this prophecy occurs after the United States, Canada and other Israelitish nations have been conquered and brought into subservience. … In verse 11, Europe’s coming economic wealth and scope is described as John sees it, shortly before the final crisis (to occur at Christ’s coming) takes place. “And the merchants of the earth shall weep and mourn over her, for no man buyeth their merchandise any more: The merchandise of gold and silver … (Catherwood CA. Europe and Our Prophetic Message. Good News, October-November 1979)
Yes, gold will outlast the US dollar and the European Beast power will have it.
In terms of world events, understand that Germany has been repatriating gold–and even did so ahead of schedule (watch Germany, Gold, and the US Dollar). Europeans have a lot of gold (see The Plain Truth about European Gold) and want more.
The continental European gold reserves (excluding the UK and Russia) collectively hold approximately 12,924.42 tons of gold. –that is more than the official USA (8,133.5) and China (2,264 tons) holdings combined.
Gold will be an item of value in 2025 and at least a few years beyond.
Nations in Asia, Europe, and even Africa will look to increase gold reserves.
Gold will break records in US dollar terms.
Notice also the following:
February 10 (King World News) – Matthew Piepenburg, partner at VON GREYERZ: For years, we’ve been warning of gold’s critical role as a buffer against increasingly obvious currency risk, banking risk, geopolitical risk and market risk.
And for years, we’ve been warning about the precious metal price fix in the COMEX, the hidden risks of holding physical gold in a commercial bank, and the now irrevocable de-dollarization trend away from an indebted UST and weaponized greenback.
With each passing day, these risks and forces are rising, so much so that the case for gold has become almost too obvious. …
As we wrote in 2021, the post-Basel III banks were going to need more allocated/physical gold to comply with Basel Regs. …
But why are traders, nation-states and central banks suddenly seeking physical gold delivery?
We saw De Gaulle do it in 1971. We saw the Germans do it in 2016. India and China have been doing it off the radar as well.
In fact, we’ve been warning of (and answering) this question for years.
And the answer is simple: In times of crisis, the world trusts physical (indestructible) gold far more than paper money, digital coins or Uncle Sam’s IOUs. …
Who wants/trusts an IOU (a declining asset) from an over-indebted issuer (Uncle Sam) who is also prone to weaponizing (i.e., stealing) that asset? …
The Fed, like the Treasury Department, knows perfectly well that at some point, the currency will have to be further sacrificed/debased (inflation) to monetize its broken, unloved and increasingly weaponized and distrusted bond market. https://kingworldnews.com/massive-amount-of-physical-gold-moved-from-london-to-comex/
There is a growing mistrust of the USA and its dollar.
Part of that is because of Donald Trump.
Part of that is because of massive USA debt.
Part of that is because of the USA’s weaponization of its dollar.
But other parts go back much further–which have been setting the stage for the time to come when the USA dollar will be worthless, and gold will have value.
Because the USA was starting to not have enough gold to back its dollar, way back in 1961, the Plain Truth reported:
Germany, Japan have the largest surpluses of GOLD and DOLLARS…Rich Uncle {Sam} has the greatest deficit in governmental history and a GREATER DEBT than all the REST OF THE WORLD COMBINED!…
Vast foreign aid programs drain the U.S. Treasury … American spending to supply services and to support our troops in foreign countries and military installations around the world amounts to…dollars flowing out of the frightened U.S. Treasury. All of these factors, combined with heavy taxes, gigantic public and private debt, and no gold backing for our own currency if foreign investors demanded gold for their dollars, adds up to the staggering revelation that the U.S., richest nation in the world, is bordering on bankruptcy! (Hill DJ. What the US Gold Crisis Means to You. Plain Truth. February 1961, p. 9).
France did finally cash in dollars and this caused a crisis in the USA. The US answer was to go off the gold standard completely on August 11, 1971. About the same time it made a deal with Saudi Arabia to price oil in dollars. So, while this prevented “foreigners” from being able to redeem US dollars for something from the USA treasury, instead it meant that dollars could be used to by oil. As other (mostly smaller) oil producers followed Saudi Arabia’s lead, this has served to support the US dollar for several decades. However, Saudi Arabia and others are now looking at not only pricing/selling in US dollars. One day in the future, the USA dollar will be worthless.
Gold has increased in value much more than the official government inflation rates since the USA detached its dollar from any type of gold standard. The price of gold will fluctuate, but is prophesied to have value after the USA is gone (cf. Daniel 11:39-43; Revelation 18).
Although the Bible opposes “dross” money (Proverbs 25:4; Isaiah 1:22-25; Ezekiel 22:18-22), modern ‘experts’ have a different view. Back in 1965, the USA decided to turn its silver coinage into dross as the value of its dollar had dropped too much compared to silver. The wrong views on economics will lead to economic problems and ultimately the total crash of the dollar of the USA.
Once the US dollar does fully collapse, I maintain that somehow, Europe will have at least an implied gold backing of its currency (for details see Gold to be used to back European currency?).
Back in 1979, the old Worldwide Church of God also published the following in the old Good News magazine:
Good News, Oct-Nov 1979Of course, since gold is regarded as a disaster hedge by many investors, prudence might dictate that perhaps a small fraction of your liquid assets be in gold: (Caulkins J. WHEN MONEY FAILS. Good News, October-November 1979)
While gold will help some for a time, gold will not save humanity, only Jesus can do that, but gold may be prudent for people to consider the signs of the times.
For additional information, check out the following articles:
The Plain Truth About Gold in Prophecy. How Should a Christian View Gold? What do economists and the Bible teach about gold? Gold and silver may drop in value. Inflation/deflation? What do Christians need to know about gold? Two videos of related interest are Beast Prophecies and European Gold and Germany, Gold, and the US Dollar.
25 items to prophetically watch in 2025 Much is happening. Dr. Thiel points to 25 items to watch (cf. Mark 13:37) in this article. Here is a link to a related sermon video: 25 Items to Watch in 2025.
Who is the King of the West? Why is there no Final End-Time King of the West in Bible Prophecy? Is the United States the King of the West? Here is a version in the Spanish language: ¿Quién es el Rey del Occidente? ¿Por qué no hay un Rey del Occidente en la profecía del tiempo del fin? A related sermon is also available: The Bible, the USA, and the King of the West.
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies for the Great Monarch point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? 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? In the Spanish language check out ¿Quién es el Rey del Norte? Here are links to two related videos: The King of the North is Alive: What to Look Out For and The Future King of the North.
The Great Monarch: Biblical and Catholic Prophecies Is the ‘Great Monarch’ of Catholic prophecies endorsed or condemned by the Bible? Two sermons of related interest are also available: Great Monarch: Messiah or False Christ? and Great Monarch in 50+ Beast Prophecies.
The End of US Dollar Dominance Is the USA losing its economic status? What about the petro-gold-yuan? A related video is also available: US Dollar being challenged by Gold-Petro-Yuan.
Physical Preparation Scriptures for Christians. We all know the Bible prophecies famines. Should we do something? Here is a version in the Spanish language Escrituras sobre Preparación física para los Cristianos. Here is a link to a related sermon: Physical preparedness for Christians.
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? Is an emerging European power “the daughter of Babylon”? What is ahead for Europe? Here is are links to related videos: European history and the Bible, Europe In Prophecy, The End of European Babylon, and Can You Prove that the Beast to Come is European? Here is a link to a related sermon in the Spanish language: El Fin de la Babilonia Europea.
Lost Tribes and Prophecies: What will happen to Australia, the British Isles, Canada, Europe, New Zealand and the United States of America? Where did those people come from? Can you totally rely on DNA? Do you really know what will happen to Europe and the English-speaking peoples? What about the peoples of Africa, Asia, South America, and the islands? This free online book provides scriptural, scientific, historical references, and commentary to address those matters. Here are links to related sermons: Lost tribes, the Bible, and DNA; Lost tribes, prophecies, and identifications; 11 Tribes, 144,000, and Multitudes; Israel, Jeremiah, Tea Tephi, and British Royalty; Gentile European Beast; Royal Succession, Samaria, and Prophecies; Asia, Islands, Latin America, Africa, and Armageddon; When Will the End of the Age Come?; Rise of the Prophesied King of the North; Christian Persecution from the Beast; WWIII and the Coming New World Order; and Woes, WWIV, and the Good News of the Kingdom of God.
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