V RaptureChrist Newsletter
Germany has lost all confidence in the US economy. Right now, Germany's central bank will attempt to bring home 700 tons of gold reserves from New York and Paris.
Perhaps, some people may wonder what is going on. Gold is real money. In contrast the dollar is just paper. Sadly, the US government has been printing a lot of paper. This can lead to inflation. However, you cannot print precious metals like gold and silver. That is why they have kept their value over thousands of years.
Let me give you an example. Back in Roman times you could rent a house for one month with an ounce of gold. In 1913, an ounce of gold was worth $20, and you could rent a house for $20. Gold is now worth approximately $1600.00 per ounce. That is an increase of 80X in 100 years. However, you cannot rent a house now in 2013 with $20, but you can with $1600.
Basically gold is still worth the same, whereas the American Dollar has lost most of its value. That is why Germany is not interested in getting paper currency. They remember what happened in the Weimar Republic in the 1920's when people suffered from massive money printing and hyperinflation. People were taking shopping carts full of money to buy groceries.
Due to the massive amount of money being printed, expect inflation to increase. Also, the US government might make possession of gold illegal again. They did this during the Great Depression of the 1930's when president FDR issued presidential executive order 6102 banning the possession of gold by private citizens.
Confiscation of gold could rear its ugly head again. Look at all the rhetoric of rich against poor. That is why Germany is getting its gold out now.
God says the following about riches:
No matter how hard things get, God does not want us to worry about worldly investments. He wants us to focus on doing good works.
The "gold" that God wants us to get is faith tried through misfortunes and troubles.
We must be dressed with righteousness.
Gold is purified by being put through the fire. In the same way, we will be tested with adversity.
Therefore, instead of hoarding money, let us ask God in prayer to increase our faith. Let us girdle ourselves with the breastplate of righteousness. By showing good works we shall store up treasure in heaven.
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