During the past few years the American people have been inundated with pitchmen wanting us to either buy gold or to sell gold. One huckster tells you to get rid of all that old gold lying around your house and turn it into cash. The other huckster wants you to buy gold from him so that you will have a more secure future. It seems that gold is the answer to all our problems; you can buy it or sell it and everything will be better. Don’t you believe it!
Any gold that you have, you have at the pleasure of the American government. The value of that gold and your right to have it rests in the hands of an elite few. When you get right down to it, even though private ownership of gold was legalized in the United States on August 15, 1974, the power to confiscate gold remains in the hands of the President. The Emergency Banking Relief Act, spearheaded by the socialist President Franklin D. Roosevelt and passed by congress on March 9, 1933, is still on the books and it gives our government the right to confiscate our gold. Title I, Section 3 states: “To authorize the Secretary of the Treasury to order any individual or organization in the United States to deliver any gold that they possess or have custody of to the Treasury in return for "any other form of coin or currency coined or issued under the laws of the United States".” There you have it, your right to have gold and the value of that gold rests solely in the hands of our government.
When the government takes your gold away from you they will pay you for it using fiat money. For those of you who do not know what fiat money is, the term fiat comes from the Latin word fiat, meaning "let it be done". Fiat-money has no intrinsic value, it is only worth what the government says it is worth. We use fiat-money as legal tender because the government prints it and tells us it is legal tender; without the government behind fiat-money it would be valueless. Even our so called “commodity money” (our coins) no longer posses a metal value equal to their face value. When the government conficates our gold they will take from you something that has true intrinsic value and give something that has no real value at all.
We are rapidly approaching that season when large portions of the world are caught up in the year’s most recognized but least understood holiday … Christmas. One would think that the name of this holiday should be sufficient for everyone to understand why we celebrate Christmas; unfortunately however, a religious service to honor the significance of Christ’s birth is far from many people’s minds. Even those who should know better too frequently fail to celebrate Christmas by focusing on our love for God, our love for one another and our love for God’s creation.
Remember, gold has a floating value that does not go away; but the value of gold is not totally controlled by supply and demand. The U.S. government can influence the value of gold through the gold cartel (Goldman Sachs, JP Morgan Chase, and Deutsche Bank) but they cannot totally control the intrinsic value of gold. Actually, the physical amount of gold required to purchase a pair of shoes at the beginning of the 19th century is very close to the same physical amount of gold required at the beginning of the 21st century. Precious metals such as gold and silver along with precious stones like diamonds and rubies maintain an intrinsic worth even if their street value can be somewhat manipulated by the government. This means, the precious metals and gems you have in your possession can be an excellent hedge against inflation or deflation, but only as long as it pleases our government to allow such items to remain in the hands of the public. Gold may have value; but, the security it provides us is totally at the pleasure of the government.
When the government determines that the public can no longer possess gold they will take it away; just like they did with Presidential Executive Order 6102, dated: 5 April, 1933. Only this time they may very well be replacing it with a global fiat currency instead of American fiat currency. On 7 Sep, 2009 Edmund Conway, Economics Editor for the telegraph, wrote an article regarding the United Nations’ desire for a new global currency to replace the Amertican dollar. In the article it read: “In a radical report, the UN Conference on Trade and Development (UNCTAD) has said the system of currencies and capital rules which binds the world economy is not working properly, and was largely responsible for the financial and economic crises. It added that the present system, under which the dollar acts as the world's reserve currency , should be subject to a wholesale reconsideration.” If the dollar loses its standing as the world's reserve currency there is no telling what will happen here in America. Because of our tremendous foreign debt, we could see our government confiscate gold and revalue the dollar.
Confiscation of our gold and revaluing the dollar are not pleasant thoughts and could be down right devastating to many Americans. For us Christians, this possibility should serve to reinforce the Bible message that it is foolishness to put your trust in material things or in a government. In Matthew the 6th chapter Jesus is recorded as saying: “ Do not store up for yourselves treasures on earth, where moth and rust destroy, and where thieves break in and steal. But store up for yourselves treasures in heaven, where moth and rust do not destroy, and where thieves do not break in and steal.” If what the Bible says is true. And, it is. Then a Christian should not be overly troubled by the fact that the official security found in gold is totally in the hands of our government. The only security a Christian should be concerned about is our storeroom in heaven and the treasures we have deposited there.
Yes, there is every reason for us to be good stewards of what God has allowed us to obtain; but being a good steward is not the same as putting your faith in your possessions. In the 12th chapter of Luke we read about the rich man who had more than his barns could hold. Then he said: “This is what I'll do. I will tear down my barns and build bigger ones, and there I will store all my grain and my goods. And I'll say to myself: “You have plenty of good things laid up for many years. Take life easy; eat, drink and be merry." But God said to him: “You fool! This very night your life will be demanded from you. Then who will get what you have prepared for yourself?” Being a good steward is not the same thing as looking for security in physical things like gold and silver.
When you worry and stew, and make other people uncomfortable over governmental actions, you are putting too much of your attention in an area where you need not be overly concerned. Remember, there is no security in anything here on earth: not in a person, not in a possession, not in our mental capabilities or in our health. There is only one place that we have any security and that is in the Kingdom of God. So, instead of seeking security in the physical realm we should be encouraging one another with scriptures like Psalms 112:5-7; Matthew 6:33; and 1 Corinthians 3:10-15. A righteous person who seeks service to God above everything else has the greatest security in the universe. Our security comes from having accepted Jesus as our Lord and Savior and being obedient to Him
If we have the spirit of God and are laboring for Jesus we have the greatest security in the world.