Standards

The Gold Standard

By William M. Self, Sr.

 

In Revelation 3:18 God says to buy Gold from Him

His Gold Standard will never suffer inflation

All nations left the Gold Standard as they have left God’s standards

The value of righteousness will increase as the world’s values decrease

Stick with God’s standard

 

Standards

Gold and silver have been highly

valued since the recording of history.

Gold and silver standards as currency

 date back to the middle ages.

Under the gold standard, gold coins

 became the monetary unit of value.

Governments later made coins of metal

with less value and printed paper

currency that could be exchanged for gold.

Today, “No country currently uses a gold

standard as the basis of its monetary system,

 although most hold substantial gold reserves.”

Some economic historians blame the gold standard

of the 1920s for the prolonging Great Depression.

 

The U.S. government, as did other

 countries, left the gold standard.

In 1972, under the “Smithsonian Agreement”,

 the U.S. dollar was devalued from

$35 per troy ounce to $38.

Then in 1973, to $42.22 per troy ounce.

In the last economic crisis, the U.S. government

 printed more money to fix the problems.

Inflation, now takes in mid 2013, $1300

to buy one troy ounce of gold.

 

According to Revelation 3:18,

 God is on the gold standard.

He requires of us to buy Gold from Him.

As the world leaves the Biblical standards

 of God, it devalues our lives.

Just like the currencies of today buy less

and less in comparison to gold…

So are the standards of this world.

If in 1970, you had $3500 in gold

 that is 100 troy ounces.

Today you would be rich and have $130,000.

The same is true if you keep the standards

 of God… you would be rich today.

Although people change their standards

 over time and under pressure…

God’s standards stay consistent.

As we see moral decline, righteousness

 becomes more valuable.

Don’t become spiritually bankrupt…

Buy Gold from God.

Scripture Reading

Revelation 3:18 NIV

18 I counsel you to buy from me gold refined in the fire,

so you can become rich; and white clothes to wear,

so you can cover your shameful nakedness;

and salve to put on your eyes, so you can see.