Gold Breaks $1500 an ounce
Sep 13th, 2011 | By Anne Trimble | Category: Gold, Precious MetalsWhat’s Driving The Price?
Standard and Poor’s, a well-respected financial services company, downgraded its long-term credit outlook for the U.S. from “stable” to “negative”. This was in response to the U.S. deficit and debt, coupled with skepticism about whether or not policy makers will find an effective way to address these long-term economic issues. Oil prices and stock prices took a downward turn on this news. However, Gold and Silver rallied as investors turned to metals as a safe haven.
Silver rose to over $45 an ounce today. Still, less than 2% of Americans own the precious metal used as a standard throughout the ages as real money. As the media mainstream reports drops in unemployment, this S & P indicator tells the real pulse of the US economy. Remember, Jesus said in Matthew 4: 4 and 24, when His disciples asked him, what will be the sign of your coming and the end of the age: Be careful lest anyone deceive you.
Economic deception, even among Bible prophecy teachers, is threatening the survival of the church in America as the US debt threatens to take down the economy of the US. Please, if you do not understand the value of owning God’s money, hard assets like gold and silver, read my website, www.southlakegoldandsilver.com and get educated. Call us for a consultation and get some of God’s money now to weather the coming devaluation of the dollar. Do not be like those who watched Noah build his Ark and laugh or ignore the signs of the coming economic calamity in the US. This warning by the S & P is like a megaphone from God warning you to prepare.


