Buying Gold Creates Good, Part II
(Genesis 2:12 "The gold of that land is good--")
Silver Stock Report
by Jason Hommel, November 30th, 2009
My article on Saturday was very well received.
Creates So Much Good
listing 13 reasons, I asked my readers to see if they could think of
more good that gold buying creates, and this new list incorporates those
suggestions, as well as attempts to categorize them. From this
expanded list, from 13 to 40 reasons, you can see the wisdom in many
advisers. You can also get the wisdom of many advisers by
attending a Gold
Tomorrow, Dec 1st, for the Phoenix Silver and Gold Investment Show,
For a Discount, Use Registration code: SSR
GOLD BRINGS GLORY TO GOD
1 "What's good for Jesus is
good for us." It is no accident that Jesus was given gold as a birth
present. Also, Haggai 2:8 All silver and gold belong to me, [says
the Lord God]
2 When the Lord of Heaven is blessed and
glorified with wealth, I don't think it will be paper
Revelation 5:12 In a loud voice they sang:
is the Lamb, who was slain, to receive power and wealth
and wisdom and strength and honor and glory and praise!"
Buying gold highlights, honors, and obeys many of God's teachings. A
key principle is, "You will reap what you sow."
4 Buying gold
is being obedient to the command to use "honest weights and measures", as
in Leviticus 19:35, Deuteronomy 25:15, Proverbs 20:10.
Proverbs 13:22 "If you obey God, you will have something to leave
your grandchildren. If you don't obey God, those who live right will get
what you leave."
BUYING GOLD IS GOOD FOR THE
6 Buying gold increases the gold price and
thus creates wealth among all gold holders, widely distributing wealth all
across the world to many people simultaneously.
7 Buying gold
reduces monetary fraud, and fraud is bad.
8 Buying gold
increases the gold price and thus makes gold mining more profitable, and
thus, increases high paying mining jobs that range from administration,
refining, minting, production, mine development, to exploration and much
9 Buying gold increases the gold price and
thus increases gold mining by-products such as silver, copper, zinc,
lead, and many other less well known metals that are needed for modern
10 Buying gold does the world good in the sense that it
supports an industry geared to producing things people actually need
namely sound money and commodities for
industry. Many by-product industries are supported by gold mining,
such as heavy machines, engineering, new exploration technologies, tire
manufacturing, energy production and road construction. The
actual money produced, when used as money, supports the entire world
11 Buying gold increases freedom among men,
specifically by reducing the debt load of people who owe devaluing paper
money, which increases humanity's overall productivity, and especially
inspires and enhances freedom for yourself.
gold increases wealth among savers and long term planners, which are the
best and most productive class of men among humanity.
Buying gold saves lives by preventing and limiting wars which can only be
funded by paper money. Nations that enslave one another with tribute
are more likely to go to war for freedom. Nations that deceive one
another, or take advantage of one another through paper money are more
likely to go to war.
14 Buying gold creates harmony and
peace among nations as it provides as an honest medium of
exchange between nations, and nations engaged in active trade
with each other generally don't war on each other.
Buying gold saves lives by increasing the standard of living of poor
miners in many poor nations who can barely afford the
16 Buying gold is more honorable than hoarding food
or buying food staples on leverage with futures contracts, which can cause
mass starvation by driving up food prices out of the range of the world's
poor people, since paper money is worth perhaps hundreds of thousands of
times more than the existing food supply.
GOLD IS GOOD FOR YOUR NATION
17 Buying gold
reduces oppressive government power, and it does so without any
18 Buying gold preserves capital in your own hands,
your own town, your own nation, so that you, and the people to whom you
will give it when you spend it, will all be better off after a currency
19 Buying gold can prevent mass starvation that can
result from a complete economic meltdown that may come. The preservation
of capital can be used to purchase and preserve farms or food production
facilities or distribution networks that may go out of business in an
20 A nation that uses gold as money has
price stability, which allows better longer term planning for all kinds
of business projects.
BUYING GOLD IS GOOD
FOR YOUR FAMILY
21 Buying gold allows a man to
provide for his immediate and extended family, and children's
1 Timothy 5:8 If anyone does not provide for his
relatives, and especially for his immediate family, he has denied the
faith and is worse than an unbeliever.
Proverbs 13:22 If you
obey God, you will have something to leave your grandchildren. If you
don't obey God, those who live right will get what you leave.
Buying gold protects the legacy of a man's life for future generations
that might not yet even be born, or be too young to actively manage the
investments if they were in another form. Gold will continue to be
valuable for hundreds of years in the future, no matter what
BUYING GOLD IS GOOD FOR
23 Buying gold prevents others from stealing
your wealth, and that is a good thing, as it rewards defenders, and
thwarts (but does not harm) would-be thieves.
24 Buying gold
can lengthen your own life, as it benefits your own personal finances
which can enhance the quality of food that you can buy and eat, and it can
enhance your notion of personal responsibility for your own health as well
as your own finances.
Deuteronomy 25:15 If you weigh and
measure things honestly, the LORD your God
will let you enjoy a long life in the land he is giving you.
25 Buying gold inspires a person to take
greater responsibility for one's own self, ranging from health to
26 Buying gold gives one an increase
in discernment, as one realizes that most mass media is a form of
propaganda and lies.
27 Buying gold frees one from the
need to pay financial advisors for bad advice.
28 Buying gold
reduces the inclination to gamble. If one wanted to gamble, they
could buy futures contracts instead.
29 Buying gold increases a person's sense of esteem and control
and safety in a world gone mad with paper money.
Buying gold as an investment helps people to understand what money is
supposed to be, and why paper money is fraud.
31 Buying gold
helps one to learn how to become an honest
32 Buying gold helps one to save money, as
savings in the form of gold is not as likely to be cashed in for whimsical
33 Buying gold allows one to be able to be more
secure with one's own finances, and thus allows one to more easily give to
34 Buying gold highlights the absurdity of buying a contract for
a delayed payment, and thus reveals the fraud of futures contracts, ETFs,
debt, and derivatives.
35 Buying gold helps one follow the golden rule, to treat others
as you wish to be treated.
36 Buying gold is the opposite of being in debt, when you must
always pay your excess money to service debt payments.
37 Buying gold helps you to be content with what you have, rather
than lusting after what belongs to others as is accomplished through the
use of futures contracts, debt, and leverage.
38 Buying gold
helps prevent you from lusting after money, which is the root of all evil,
so buying gold must be the root of all good.
39 Buying gold
helps your money serve you, rather than you becoming a servant to
debt. Matthew 6:24, "You cannot be the slave of two masters! You
will like one more than the other or be more loyal to one than the other.
You cannot serve both God and money."
40 Buying gold is
interesting. Gold was used to line the walls of the
temple of God. Today, our bodies are a living temple of God.
Gold is thus given by God, for us, to help us glorify him, through
41 Buying gold is the ultimate manifestation
of "delayed gratification" since gold is a pure luxury item, yet you
can do nothing with it. It thus satifies none of the lusts of the
flesh, but represents that you have NOT bought anything, since it is
savings. Psychologists have identified that one of the most
important character qualities to develop that marks the difference
between success and failure in life is the ability to delay
gratification. Delayed gratification requires self control. One
of the fruits of the Holy Spirit is self control. Buying gold is
thus the ultimate manifestation of fulfilling the desires of the Holy
Spirit. No wonder God tells us directly to "buy gold refined in the
fire", in Rev 3:18.
If buying gold is noble,
virtuous and good for so many reasons, then buying silver is
perhaps 10 to 60 times as excellent, beneficial and uplifting for
mankind. Why? Because of the leverage inherent in silver's
smaller market. Silver's smaller market means that the price of silver is
more easily moved upwards with every purchase.
Insight of the
day: I've always thought it was a bit of a mystery why gold and
silver have so many "eternal" qualities, yet silver values dropped a
nominal 90% from 1980 to 2000, from $50/oz. to $5/oz., or an inflation
adjusted 95% or more! How can we explain that in "Biblical" terms if
the metals are supposed to have a stable long lasting value? I've
always wondered where all the moral greats were that should have been
championing gold during the last 3-4 decades. Why are the Churches
mostly silent, besides being 501c3 incorporated? I think I just
discovered a Biblical example that might be a parallel example. When
the Israelites left Egypt, they were to immediately take the land of
Canaan, or Israel. But they did not. They sent in 12 spies
first. Ten spies gave a discouraging report, saying it was
impossible to take the land of giants. Two spies said that the land
was plentiful, and that with God on their side, they could not lose.
The Israelites believed the bad reports due to a lack of faith in God's
promises, and thus, had to wander the desert for 40 years. Perhaps
we are ending a similar time period of wandering in the desert of low gold
prices. Many today have a similar lack of faith in God's
economic principles. Even major religious leaders of the last 40
years do not trust that God's economic model will bring prosperity.
Many today seem to indicate that the Federal Reserve and giant
corporations cannot be beaten. But they are being beaten. They
say, "don't fight the Fed" but the rule should have been, "don't
fight the market". Just buy gold, because they are not doing so, and
they will fall, just like the walls of Jericho. At least our
marching orders to buy gold are not as difficult to comprehend as marching
around a city for 7 times blowing trumpets!
strongly advise you to get real gold and silver, at
anywhere near today's prices, while you still can.