Euro Believed to be in Less Trouble than the US Dollar

Europa Woman Riding the Beast Coin

The markets have been volatile:

Gold, silver tumble as dollar strengthens

Marketwatch – May 11, 2011

Gold and silver futures lost ground Wednesday, pressured by a rising dollar, as investors booked some profits after two days of gains for precious metals. http://www.marketwatch.com/story/gold-silver-futures-rise-in-electronic-trade-2011-05-11?link=MW_latest_news

Dollar in graver danger than the euro

Financial Times, London – May 11, 2011…

In the US, the day investors come to accept the reality that inflation, rather than fiscal discipline, is the path of least political resistance may be the day the bond market won’t be as forgiving. Unlike the eurozone, where consumers stopped spending and started saving a decade ago, the highly indebted US consumer may not be able to stomach higher interest rates. The large US current account deficit also makes the dollar more vulnerable to a misbehaving bond market than the eurozone.

In the medium term, we are far more concerned about risks to the US dollar than those posed by the Greek drama to the euro. http://www.ft.com/cms/s/0/451b5a2e-7bc3-11e0-9298-00144feabdc0.html?ftcamp=rss

As I have written, gold and silver can drop, but in the long run, the trend is for them to rise against the US dollar. LCG’s Dr. Meredith has publicly stated that although the trend for the dollar is down, it will sometimes do better–but that in the long-run it will be basically worthless (during the time of Jacob’s trouble, Jeremiah 30:7; also known as the Great Tribulation, Matthew 24:21.

The Bible shows that Europe will be restructured (Revelation 17:12-13) and that the UK ultimately will be taken over (Jeremiah 30:7), along with the USA (cf. Daniel 11:39). It is likely that the UK will leave the EU prior to the prophesied restructuring in Revelation.

More and more investors are starting to realize that although commodities go up and down, that ultimately, the US dollar is a very risky bet. And one that will cause those who bet in favor of it, to lose very big in a relatively few years.

Some articles of possibly related interest may include:

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”? Using the Tower of Babel and “Beast” images suggests it is not concerned about its role as being part of the future Babylon of Bible prophecy.
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? 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? What MUST happen BEFORE the Great Tribulation?
Might German Baron Karl-Theodor zu Guttenberg become the King of the North? Is the German Defense Minister one to watch? What do Catholic, Byzantine, and biblical prophecies suggest?
Is Russia the King of the North? Some claim it is. But what does the Bible teach?
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?
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? What will happen to Jerusalem and the Jews in Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo nations? Why might God allow them to be punished first?
Will the Anglo-Nations be Divided and Have People Taken as Slaves? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What about Jerusalem? What does Bible prophecy teach? Are there non-biblical prophecies that support this idea? Who will divide those lands? Who will end up with the lands and the people?
Who is the King of the West? Why is there no End-Time King of the West in Bible Prophecy? Is the United States the King of the West?
Is Tony Blair Apocalyptic? The former Prime Minister of the United Kingdom converted to Catholicism shortly after leaving his office and has been active in European affairs. What role might he play?