USAGOLD's "Closing" Gold Bullion and Silver Bullion PricesPrices at close onJanuary 25, 2008
spot gold price:$912.60
spot silver price:$16.41
Remember an oz of gold is still an ounce of gold. It is still the same 1 oz of gold since gold was $35.00 per oz. What changed? It now takes more and more "weaker" dollars to buy the same oz of gold. So the value of the dollar is plunging down. A barrel of oil is still the same amount, it just takes more "weak" dollars to buy it. A gallon of gas is still the same amount as when it was 21 cents a gallon, but now it takes many more "weak and shrinking" dollars to buy each gal. Amazing how fast the dollar is shrinking. Been to the grocery store lately. That same 69 cent a dozen of eggs now cost $2.89. Did the eggs get larger? No the dollar has less value.
Russia went down without firing a shot? How? Economy. There must be a world shift of power to the EU (short for 10 toed beast). The power must shift from the US to the EU, according to Bible prophecy. As our economy gets weaker, theirs gets stronger, just look at the value of the euro.
He has given us eyes to see, and promises to protect us and guide us and instruct us and to watch over us for goodness sake. It is exciting times, and His comming is soon. Sooner now than when we first believed. No man knows the hour or the day, but we will know the season. When the tree buds summer is near. Israel, the nation, budded in 1948, so summer is surely upon us. At the end of summer comes harvest. Be blessed.
Billy and Jan Wells
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment