In memory of
Jared High

    What is the Biblical view of Gold and Silver?

    "The thing that hath been, it is that which shall be;
    and that which is done is that which shall be done:
    and there is no new thin under the sun. (Ecclesiastes 1:9)

    The first mention of Gold in the Bible is in Genesis 2:11-12.  Gold in the land of Havilah gets the endorsement of being "good". God created gold to be the foundation of an economic system that would be solid, stable and not subject to manipulation. No inflation, no deflation, and no monetary crisis. History has called this biblically oriented monetary system, "The Gold Standard", meaning an economic system that is based on a specific, established amount of gold or silver.

    God is the author of the gold standard, not man. In the Scriptures, He established the weights, the measurements and set the value of gold and silver. He created this monetary law in order to protect the poor and to keep the greed and manipulative power of Rulers under control.
     

  • Proverbs 16:11 - "A just weight and balance are the Lord's: all the weights of the bag are his work."  This verse declares that God is the source of the economic system.
  • Proverbs 11:1 - "A false balance is abomination to the Lord: but a just weight is his delight."
  • Deuteronomy 25:13-15 - "Thou shalt not have in thy bag divers weights, a great and a small. Thou shalt not have in thine house divers measures, a great and a small. But thou shalt have a perfect and just weight, a perfect and just measure shalt thou have: that thy days may be lengthened in the land which the LORD thy God giveth thee." These declarations make it clear that "money" is not a secular issue but a spiritual issue.
  • Leviticus 27:25 - "And all thy estimations shall be according to the shekel of the sanctuary: twenty gerahs shall be the shekel."  Plainly, this verse is talking about The Gold Standard. In our system we say, sixteen ounces to the pound, and in theirs it was twenty gerahs to a shekel.>>
    There is no Hebrew word for money. Silver was used for normal transactions and gold, which was worth twenty times as much as silver, was used more as a store of value. The money changers, (mentioned in the New Testament), were cheating the Jews, who had come from all over the Mediterranean region to visit their Temple, of fair currency exchanges. These are the people that Jesus Christ drove from the Temple.
     
    I would recommend reading; "The Making of America" which you can get on the Amazon link below. This book by W. Cleon Skousen, gives an excellent education on money and the Constitution.
    "'Now, I, the Lord, am not well pleased with the inhabitants of Zion, for there are idlers among them; and their children are also growing up in wickedness; they also seek not earnestly the riches of eternity, but their eyes are full of greediness.  'These things ought not to be, and must be done away from among them,' (D&C 68:31-32). We see evidence of many parents who overindulge their children without adding sufficient training about the value of work."     L. Tom Perry
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One of the best investments you can make is in gold coins
Rare coins will always carry value even when the economy isn't performing well. 
Build a coin collection today and invest your money
in assets that have always carried value throughout history.

 

 

 

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