WebJan 19, 2024 · Gold Is a Currency. Under a free market system, gold is a currency. Gold has a price, and that price will fluctuate relative to other forms of exchange, such as the U.S. dollar, the euro, and the ... WebFeb 5, 2024 · In fact, gold has retained a steady purchasing power over time, whereas fiat currencies can’t make the same claim. Gold isn’t a traditional asset, let alone a traditional “currency.”. That’s one reason it …
God Likes Gold - The Uses and Value of Gold in the Bible
WebSep 23, 2024 · Nope. Sorry to burst your 24-karat bubble, but gold isn’t worth what you think it is. In fact, the U.S. dollar hasn’t been able to be converted into gold since President Richard Nixon ended that practice in 1971. 1 Before this, people would buy gold bars as a way to diversify their investment portfolio and give them a safeguard against ... WebPrecept Ministries of Reach Out, Inc. Know God Deeply. Live Differently. aka Precept Chattanooga, TN www.precept.org. Summary Programs + Results Financials Operations. great books colleges list
What Does the Bible Say About Gods Money?
WebPsalm 19:10 - They are more desirable than gold, yes, than much fine gold;Sweeter also than honey and the drippings of the honeycomb. Toggle navigation. Bible. Topical Bible; Thematic Bible; ... Alternatives To Money Affection, For God's Word. Loving God's Things. Therefore I love Your commandments Above gold, yes, above fine gold. Proverbs 8:10. WebGold is good. In Gen. 2:12 God declares that gold is good because He created it. Paper money, referred to as "your wealth" will be consumed. Also, our so-called paper money is really made from a mixture of paper and cloth, which is referred to as "rag." Interesting that our righteousness is always referred to as "filthy rags" in scripture. WebMar 29, 2024 · What does all that mean? • A $100,000 investment in gold in 2000 has the purchasing power of about $535,000 today. • $100,000 left in cash in 2000 would buy roughly $65,000 worth of goods today. choppers song one piece