Acquiring and Storing Precious Metals
by Dr. Larry Bates, Chief Economist
FAMC, Inc

 

 

 

 

I.  WHAT THE BIBLE SAYS

A Biblical Foundation for Precious Metals

  • God put gold in the earth for a reason    Gen. 2:11-12
  • Put man to work in the garden    Gen. 2:15
  • Satan fell because of dishonest trade    EZ. 28:12-18
  • Man is to trade with honest scales (weights & measures)    Deut. 25:13-16
  • Inflation due to dishonest scales    Amos 8:4-6
II.   PRECIOUS METALS IN THE LAST DAYS
  • Satan's system (cosmos) destroyed    Amos 8:7-10
  • World system suffers from inflation    Rev. 6:6
  • Merchants of the earth continue to trade precious metals until the time of the end    Rev. 18:11-12
  • Precious metals very valuable until the time God's wrath is poured out    Ex. 7:19
  • End time transfer of wealth using precious metals    Hag. 2:6-9

III.   STRATEGY

  • Prudent man sees danger and prepares    Prov. 22:3
  • Church prepared for famine that was prophesied    Acts 11:27-29
  • Joseph stored up for the seven years of famine    Gen. 41:47-49
  • Only a sluggard doesn't physically prepare    Prov. 6:6-15

IV.   MOTIVES... FOR PRECIOUS METALS
A. Right Motives

  • Ability to produce wealth given by God    Deut. 8:18
  • Those who fear the Lord will not lack    Ps. 34:9-10
  • Seek Kingdom first Example - Joseph took care of Israelites and Egyptians   Gen. 41:41-49

B. Wrong Motives (Greed)

  • Goes to and from; heaps up wealth not knowing who will receive it    Ps. 39:6
  • Eager to get rich; will not go unpunished    Prov. 38:20
  • One who pleases Him receives wealth Example - Ananias & Sapphira    Acts 5:1-5

 


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