Gold Hits Another Record

The 220 kg Gold brick displayed in Taiwan

The price of gold hit a record today:

Stocks Retreat, Led by Chipmakers; Oil, Treasuries, Gold Gain

Bloomberg – Stephen Kirkland, Nikolaj Gammeltoft – ‎7 March 2011

Gold trimmed gains after rallying to as much as $1445.70 an ounce, a record.

Gold, silver follow oil prices higher… March 7, 2011

Fed chairman Ben Bernanke has said that a change in monetary policy isn’t on the table unless the jobs outlook improves. Easy free money in the U.S. should offset any rate hikes out of the EU as a weak dollar would continue to support higher gold and silver prices.

Spot prices hit $1444.40. (To see a more up-to-date price, please click Financial Information).

Gold is priced internationally in USA dollars. And while the situation in Libya and the price of oil is getting the most credit/blame for today’s gold record, they are not the only factor in the price of gold. As the world has less confidence in the USA dollar, gold prices will tend to go up (they also go down, put the trend the past few years has clearly been up).

The Bible indicates that gold will have value into the Great Tribulation (Daniel 11:43; Revelation 18), but that the US dollar will not (Habakkuk 2; Daniel 11:39).

Interestingly, Eastern Orthodox and Roman Catholic prophecies discuss gold in the end times.

Notice the following Orthodox prophecies:

Saint Andrew Fool-for-Christ (c. 4th century): This king will rule…Happiness will reign in the world as it did in the days of Noah. People will become very rich…The entire world will fear this king…he will pursue all persons of the Jewish religion out of Constantinople…and the people will rejoice like in the time of Noah until the deluge came God will reveal to this king all the gold wherever it happen to lay concealed from view…(Tzima Otto, H. The Great Monarch and WWIII in Orthodox, Roman Catholic, and Scriptural Prophecies. Verenika Press, Rock City (SC), 2000, pp. 113,114).

Emperor Leo the Philosopher (c. early 10th century): You will amass the gold of the nations…And you will be the leader of the surrounding powers…and those that are near will prostate themselves before your feet (Tzima Otto, pp. 76-77).

To Emperor Manuel II (d. 1425): …upon the command of the the good Emperor they will go and discover treasures of gold and silver and all this will be offered as a gift to the pious ones; later on more and more valuable treasures will be found and the Emperor will do with those treasures likewise (Tzima Otto, p. 102).

Roman Catholics may wish to consider that those last three predictions sound a lot like prophecies from two of their saints about Antichrist (Ephrem is also an Orthodox saint):

Saint Ephrem (died 375): Antichrist will use worldly goods as bait. He will entice many Christians with money and goods to apostatize…The devil will help him find all the hidden treasures of the world, even those at the bottom of the ocean. With those treasures he will attain greater success for the reign of Satan than at any other time in past centuries (Connor, pp.73.74).

Saint Mechtilda (died 1299): Antichrist will, through base and false strategem, and with presents of gold and gems, attain influence over the worldly princes. They will look up to him as their Lord and God (Culleton, The Reign of Antichrist, pp. 133-134).

So does the Great Monarch amass gold with God’s help like Orthodox prophecies suggest or does he amass gold with the help of Satan as at least one Catholic saint and certain biblical prophecies (Daniel 11:43; Revelation 18) indicate?

The answer should be obvious to all who wish to believe the God of the Bible. The Bible is clear that those who amass gold at the end time will find it is not the answer (James 5:1-5; Revelation 18:9-17).

The idea of gold could be accumulated to support a European-backed currency while the US dollar tanks is discussed on page 333 of my book 2012 and the Rise of the Secret Sect. And this appears to be what will happen.

The financial world is starting to understand some of this–but few really know how bad it will get. The US dollar will ultimately be worthless and the USA ultimately taken over because of its sins and debt.

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?
Catholic Prophecies: Do They Mirror, Highlight, or Contradict Biblical Prophecies? People of all faiths may be surprised to see what various Roman and Orthodox Catholic prophets have been predicting as many of their predictions will be looked to in the 21st century.
Can the Great Tribulation Begin in 2010, 2011, or 2012? Can the Great Tribulation begin today? What happens before the Great Tribulation 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?
Prophecies of Barack Obama? This article has eight reasons why Barack Obama is apocalyptic and eight reasons why Barack Obama is not the Antichrist. It 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 at the COGwriter website on Barack Obama prophecies. Read it and decide for yourself if President Obama seems to be fulfilling various prophecies.
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 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? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? 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?
2012 and the Rise of the Secret Sect This is a link related to a book by Bob Thiel (COGwriter). This also has YouTube videos. This book documents and explains hundreds of prophecies. And since it was published, many have already started to come to pass.
2012 y el surgimiento de la secta secreta 2012 libro del Dr. Thiel en Español.
2012 und das Auftreten der geheimen Sekte (German Edition) 2012 Buch von Dr. Thiel in deutscher Sprache.
2012 e o Surgimento da Seita Secreta (Portuguese Edition) 2012 livro do Dr. Thiel em Português. Este livro documenta e explica centenas de profecias. E desde que foi publicado pela primeira vez, pelo menos 14 já começaram a acontecer.