Germany has been getting its gold back–and faster than originally planned:
German Gold Move Hint To Dexit?
Does Merkel see the writing on the wall?
The news that the Bundesbank is repatriating its gold reserves three years ahead of schedule has led to talk of an exit from the euro (NYSEARCA:FXE). Germany has already moved 583 tons of gold (NYSEARCA:GLD). This could be a sign that Germany is intending to use the gold to back the printing of Deutsche marks. If so it means they are preparing for the fall of the euro. 02/14/17 http://seekingalpha.com/article/4045732-gold-move-hint-dexit-deutschland-exit
An official announcement last week that the Bundesbank had pretty much repatriated half its gold reserves ahead of schedule has once again sent the rumor mill into overdrive.
Fans of the precious metal – not shy of a good conspiracy theory – have been deliberating over the move ever since Germany detailed it back in 2013. Initially, there was a sense that trust between central banks had broken down with claims that Berlin was effectively questioning the credentials of New York Federal Reserve.
But the talk has now stepped up a notch with the Bundesbank confirming Thursday that it has already moved 583 tons of gold out of New York and Paris. Its plan to hold half its gold in Frankfurt is now three years ahead of schedule.
Reporting the news, Reuters said that some argue the world’s second-biggest bullion reserve “may be needed to back a new deutsche mark, should the euro zone break up.” This seems pretty far-fetched, especially given that the Bretton Woods system of fixed exchange rates ended back in the 1970s. Could Berlin really be prepping for the fall of the euro?
Then there’s the Donald Trump angle. On Thursday, Bundesbank board member Carl-Ludwig Thiele felt the need to speak about the new U.S. president at his press conference – presumably because someone asked him. http://www.cnbc.com/2017/02/14/germany-has-got-its-gold-back–they-must-know-something-we-dont.html
Why does Germany want gold?
Well, to dominate the world economy and be able to exist in a world where the US dollar is no longer the reserve currency for the world.
Biblical (Daniel 11:40-44) and non-biblical prophecies point out that the final leader that the Bible calls the King of the North, who will likely have Germanic/Assyrian heritage (cf. Daniel 11:30 with Numbers 24:24), will value gold.
Notice something that I wrote about this in my book Donald Trump and America’s Apocalypse:
43 He shall have power over the treasures of gold and silver, and over all the precious things of Egypt; also the Libyans and Ethiopians shall follow at his heels.
The “he” is the King of the North. This is the same King of the North that valued gold and silver in Daniel 11:38. Although other scriptures also show that gold and silver will have value around this time (like Revelation 18; 9:20), the Bible is clear that gold and silver will be worthless for a short time before Jesus returns, e.g. Ezekiel 7:19.
The fact that the King of the North himself will accumulate gold (and some silver) is consistent with several Byzantine (“Greek” Orthodox) prophecies of their expected Great Monarch:
Emperor Leo the Philosopher (died 912): You will amass gold…And you will be the leader of the surrounding nations…
Addressed to Emperor Manuel II Palaeogous (died 1425): The Emperor…will discover gold and silver…
Saint Andrew Fool-for-Christ (c. 4th century): God will reveal to this king all the gold wherever it happen to lay concealed from view…
One side note is that, in Egypt, major gold deposits were found in 2006. This is relevant as it does prove that Egypt now has enough gold that a foreign power could be interested in taking/using it as Bible prophecy teaches.
Since many are now questioning the role of the US dollar as the world’s reserve currency, more are looking into other currencies as well as gold. Gold will set records in US dollar terms.
It has been proposed that various nations around the world are already in the process of accumulating gold to one day overthrow the U.S. dollar—and that the “U.S. is unprepared for this strategic alternative to dollar dominance.”
When the U.S. dollar totally collapses people all around the world will consider that even if the Euro (or something similar) is strong, having a more gold-backed currency would be safer.
The collapse of the USA dollar will shake a lot of the world’s confidence in non-gold backed currencies.
The Europeans do not have to have a perfect currency, only one that is perceived to be in better shape than the USA dollar.
Having the European power acquiring more gold to back the Euro or possibly another future European currency (that might potentially replace the Euro or even a basket of currencies) may greatly increase European credibility, prosperity, and influence around the globe, even if the backing is only implied.
The debt accumulation policies of the Obama Administration, which are a massive acceleration of the previous policies of the Bush Administration, look like they will be continued by Donald Trump.
The increases in America’s debt are heading the world into the time when something other than the U.S. dollar will be valued as its reserve currency.
A Donald Trump Administration would need to make massive changes to possibly prevent this.
The USA and its dollar are at serious risk.
Germany is getting more gold. And yes, there will be reorganization in Europe (Revelation 17:12-13; see also Must the Ten Kings of Revelation 17:12 Rule over Ten Currently Existing Nations?).
The fact that many in Germany are increasing their national stock piles of gold is consistent with proper understanding of end time biblical prophecy.
A new world order is starting to develop.
The Bible tells that world trade will be dominated by Europe (cf. Revelation 18). Noticethe following:
February 15, 2017
The European Union is preparing an early summit with China in April or May in Brussels to promote free trade and international cooperation in the face of a more protectionist and inward-looking Washington, three EU officials said. …
The EU believes China wants to use the summit to press home President Xi Jinping’s vigorous defense of open trade and global ties at the World Economic Forum in Davos in January, in response to the new U.S. President Donald Trump. …
But while Trump has praised Britain’s decision to leave the 28-nation EU – an unprecedented setback for the bloc – China has repeatedly said it wanted to see a strong, stable and united Europe, and has looked on nervously since the Brexit vote.
“We want a multi-polar world and the EU plays a very important part in that,” said a source in Beijing familiar with China’s thinking towards the EU.
Preoccupied by Britain’s departure, the world’s biggest trading bloc welcomes China’s desire to stand up to Trump, who criticized China’s trade practices and threatened to impose punitive tariffs on imports.
Trump has pulled out of a multilateral trade agreement with Asia-Pacific nations, vowed to renegotiate the U.S. free-trade deal with Canada and Mexico and wants to protect U.S. industries from foreign competition by levying new tariffs on goods. http://www.reuters.com/article/us-eu-china-idUSKBN15U1SQ
February 15, 2017
The European Union Parliament approved on Wednesday a hotly contested free trade deal with Canada after seven years of negotiations.
Lawmakers backed the Comprehensive Economic and Trade Agreement (CETA) 408 votes to 254, meaning large parts of the deal can enter into force as soon as next month.
Proponents of the deal say it will create jobs and reduce the cost of food and consumer goods for ordinary people. But opponents fear that the current standard of consumer goods could deteriorate.
Police reported 700 people protested outside the parliament building in Strasbourg arguing the deal would erode environmental, labor and consumer standards.http://www.dw.com/en/european-parliament-passes-controversial-eu-canada-ceta-trade-deal/a-37558610
Europe is taking steps to ‘fill in the gap’ that many believe that the Trump Administration is creating.
This will NOT end well for the USA, UK, Canada, Australia, and New Zealand (cf. Daniel 8:24-25; 11:39; cf. USA in Prophecy: The Strongest Fortresses).
Radio News Reporter: John Hickey.