What Kind of Gold Should You Buy?
This won’t be everything you ever needed to know about buying gold, but we do want to give you some things to keep in mind and some very specific ways that you can purchase gold. One good thing to do is to go to www.kitco.com and familiarize yourself with the many different kinds of information […]
Gold vs. Silver
“He brought out Israel, laden with silver and gold, and from among their tribes no one faltered.” (Psalm 105:37) When the United States established its currency by setting a value against gold and silver it used a ratio of 15 to 1. It took 15 ounces of silver to buy one ounce of gold. This […]
The Branches, Leaves, & Fruit
“This is what the LORD Almighty says: ‘In a little while I will once more shake the heavens and the earth, the sea and the dry land. 7 I will shake all nations, and the desired of all nations will come, and I will fill this house with glory,’ says the LORD Almighty. 8 ‘The […]
What Will the Devastation of Our Current System Look Like?
I have no idea what the world will look like as the coming storm hits. Or what it will look like afterward. I can make some guesses, but it is something new that is happening. That being said, we can guess at things. If it is only some stiff inflation that destroys many Americans’ financial […]
What Happens if Foreigners Don’t Want our Dollars Anymore?
Even with the devaluation of our currency over the decades, the US Dollar is still the world’s reserve currency today. People have felt for many years that it’s a safe place to hold their wealth. Foreign governments hold their wealth in US Dollars. Financiers the world over have done the same. Even most commodities are […]
What is the US Dollar Worth? – Fiat Currency & a History of The Gold Standard
The US Constitution established the right of the Federal Government “to coin Money, regulate the value thereof,” and so in 1792, they did so by establishing the value of a dollar at roughly 1/20th of an ounce of Gold. So $20.67 bought one ounce of gold. Today it takes over $1000 to buy an ounce […]
US Dollar or Gold?
Yesterday, we described, in simple terms, how today’s administration is devaluing your money. In real life though, it’s a bit more complicated than that. A dollar is worth whatever the world is willing to pay for it, just like any other product. And for almost a century now, the world has looked upon the US […]
The US Dollar and Gold
“He brought out Israel, laden with silver and gold, and from among their tribes no one faltered.” (Psalm 105:37) Yesterday, we discussed the possibility that in the not too distant future, your dollars could be worth far less than they are today. The US dollar is a fiat currency. This means that it has value […]
Gold and Inflation- Gold as Cash Reserve
“In a large house there are articles not only of gold and silver, but also of wood and clay; some are for noble purposes and some for ignoble. 21If a man cleanses himself from the latter, he will be an instrument for noble purposes, made holy, useful to the Master and prepared to do any […]