True Wealth Radio

08/10/2018

What is Truth & What Does The Bible Say About Truth. 

In short, Jesus said “I am the way, the TRUTH, and the life…”. The bible says “the truth will set you free…”, the bible refers to the Holy Spirit as the “Spirit of Truth…”. God is the creator of truth and the bible absolutely touts and ordains precious metals as the only truthful form of wealth. Gold & Silver are creations of God, not man. God created a system of truth. Mans system is based on deception and usury which God abhors and the bible warns against. Gods ways are truthful and following His precepts will cause us to flourish.

08/08/2018

What Does The Bible Say About Gold & Silver?

From the gold and silver in Solomon’s temple to heaven’s streets of pure gold, there are more than 700 references to these two precious metals in the Bible. As relevant and desired as gold and silver are today throughout most cultures, they have a much older and timeless context within the Bible. When examining scripture, a reader can draw three critical characteristics about gold and silver: their divine origin, intrinsic value, and monetary quality.

Divine OriginThe first reference to gold is during creation of the world in the second chapter of Genesis.

“And a river went out of Eden to water the garden; and from thence it was parted, and became into four heads. The name of the first is Pishon: that is it which compasseth the whole land of Havilah, where there is gold; And the gold of that land is good.”

Genesis 2:10-12a

The Bible says God created the world and the elements within it. Gold is depicted as an asset of value.

“The silver is mine, and the gold is mine, saith the Lord of hosts.”  Haggai 2:8

Gold and silver are products of God – they are not a creation of man. God designed them to be intrinsically valuable and beautiful, for gold does not tarnish nor corrode. It can be hammered so thin that a single ounce can spread over a 100 sq. ft. area. Silver is the best conductor of heat and electricity. It reflects light better than any other metal and when fully refined it looks like a mirror.

Intrinsic ValueThese unique properties of gold and silver have served as benchmarks of value throughout scripture. One notable reference is a metaphor used by the Apostle Paul.

“Now if any man build upon this foundation gold, silver, precious stones, wood, hay, stubble; Every man’s work shall be made manifest: for the day shall declare it, because it shall be revealed by fire; and the fire shall try every man’s work of what sort it is.”

1 Corinthians 3:12-13

In this passage, Paul highlights gold and silver’s ability to withstand fire. Precious metals are not only unharmed when tried by fire but they become refined and pure. This verse is a powerful comparison between a man’s good work on the foundation of Christ and the qualities of gold and silver.

Monetary QualityIn ancient times, it would be strange to refer to money as something outside of gold and silver. In the Bible, gold and silver are synonymous with money. In Hebrew, there was no word for money. Every Biblical passage that refers to “money” is a unit of weight in gold, silver, or another metal. Silver was used for day-to-day purchases, and gold was viewed as approximately twenty fold the value of silver. It is worth noting when the United States operated on the Gold Standard, an ounce of silver was worth about $1 and an ounce of gold was worth approximately $20.

Gold and silver were used as money not only in Jewish culture but throughout all cultures. Regardless of man’s location on earth, gold and silver are both accessible and valued as wealth. A believer could easily make the conclusion that God placed gold and silver strategically throughout the world. By doing this all nations throughout history have enjoyed the utility of gold and silver as money.

In the last century, the world has removed gold and silver from its monetary role. By ignoring the use of gold and silver as money, central banks have created large economic imbalances. Every day currencies fluctuate in value, because of manipulative monetary policies. When central banks expand their balance sheets, artificial wealth is created. Monetary inflation and low interest rates enrich the wealthy, while the poor are robbed of their labor and savings.

The Bible says God hates deceit and manipulation. God is the author of balance and justice.

“A false balance is abomination to the Lord: but a just weight is his delight.”   Proverbs 11:1

“A just weight and balance are the Lord’s: all the weights of the bag are his work.”   Proverbs 16:11

God created gold and silver as the backbone of economic growth. Precious metals act as a balance and a perfect unit of measure. When God created the world he set fixed quantities for each metal so we do not experience runaway inflation or deflation.

In summary, God is the creator gold and silver, they are valuable, and they serve as money. This fact has been completely and intentionally abandoned by our world economic system which has lead to a runaway inflation issue that will ultimately fail catastrophically. The Gold Standard was abandoned in 1933 and fully abolished in 1971. Buying gold became unlawful in the United States from 1933 to 1975. Fortunately, our liberty to buy & own gold & silver has been restored. 

COINSPlus is a nationally respected rare coin and precious metals broker, dealer & depository service that can empower individuals to create their own personal Gold Standard. 

 

This write up includes excerpts from an an article submitted by Joel Bauman, Precious Metals Specialist with SchiffGold. 

08/01/2018

Economic & Investment Fundamentals Part 2- 

After falling prey to massive counterfeiting of colonial currency done by the British Government to specifically deter the new colonies economies, Our founders removed the reference to paper money from the constitution and place the full control of currency creation into the hands of the congress itself. Never to be given away or surrendered. After struggling with private and state bank failures and abscission of metals deposits, the people demanded a central banking regulation system. In turn, they were eventually duped into a full Central Banking system referred to as the Federal Reserve Banking System which began a gradual fiat currency system that has accelerated at an ever increasing pace until our current situation where currency creation and expenditure has become a political method of obtaining votes. Shockingly, the Trump administration has made no efforts to curtail this expenditure and is currently spending at record levels. As a result, the levels of hyper inflation begun by Obama appear to having been “trumped” by trump. This level of hyper-inflation is clearly unsustainable and will end in a massive market down turn as the dollar loses favor and spending power globally. 

God made His monetary system based on the hard assets of Gold & Silver just as our founders attempted to emulate . As in individual investor desiring to remain safe, sound and self-protective, owning precious metals is wise. Their value is currently very desirable and those seeking a safe haven and refuge are looking at the opportune time to protect against whatever lies ahead-which may not be good.

07/30/2018

Economic & Investment Fundamentals Part 1

With a literal barrage of option as to where to invest your money or what to do with it, We are faced with so many option as to what two do. We have pressure from banks to buy CD’s & annuities, our stock brokers swear by equities because they tell us that they “produce something” while criticizing precious metals based assets for not producing anything. We hear Dave Ramsey telling us to become debt free and build a portfolio in stocks and mutual funds. We trip over the most deceptive “investment” salesman of all in insurance reps pushing us into Annuities and crazy life insurance schemes masked under a huge variety of of other names that are unregulated and always end in tremendous losses through surrender fees and and insurance premiums that consume our money in whole. The list goes on and on. The bible has always been the final authority and God has made it clear there is one asset on this earth-and in heaven-that will last. That asset is precious metals. They’ve been there for us over time and will remain the pinnacle form of true wealth.

The economy appears complex with a mixture of inflation rates and debt secured instruments, student loans and credit card debt holdings each far exceeding a trillion dollars-literally secured by nothing. Regretfully, The US & Global economies are in true travail awaiting another major collapse. Conservatives and liberal alike have gone spend crazy. They’ve lost their minds and are racking up debt at levels that are completely unsustainable due to a fiat currency system with absolutely no accountability. The people want what they want and do not understand or seem to care where the money does(or doesn’t) come from. 

Beginning with this show, I will attempt to educate the listeners on the truths surrounding all of these facts.

07/25/2018

Despite our desires for permanent peace and tranquility, we are not created for a problem free life. The bible is very clear that God works everything for the good of those who love Him. The bible also tells us that God disciplines those He loves. The word “discipline” in Hebrew is “muwcar” meaning correction & instruction. The word discipline in greek is “paideia” which means training and education. When we’re told that God disciplines those He loves, we’re being told that He is continuously refining and improving us. He challenges us to grow before promoting us to our potential. He lets us endure years of discomfort and training to gain the necessary skills and abilities to end up where He wants us to eventually land. David spent 13 years under tremendous pressure including living on the run in exile while having King Saul attempting to kill him before eventually taking the throne. God placed Paul in chains to inspire him to write over half of the gospels. We need to trust that God is working in our lives when we are suffering and often times confused and afraid. These are the times He is refining us. 

 

07/13/2018

 

Patience is the most important commodity to have. Most people don’t have patience because they don’t have faith. They don’t believe that it will happen or happen soon enough. So many employers are seeking that one person with the faithful patience & perseverance to allow themselves to succeed in due time. We live in a culture where people demand what they want immediately & end up dabbling in one thing after the next. You end up giving up and missing out on the most amazing things that life has to offer by giving up on opportunities too soon. This current generation walks away from opportunity in search of opportunity due to a lack of patience. Look at where you are today. Where could you be in 5-10-15 years if you patiently, faithfully persevere at the opportunity you’ve already been given. Then look at where you’ll likely be with impatience and giving up.—-so many of the people who come to me for advice on obtaining success are sitting on the opportunities they seek, they’re just not

letting themselves pursue it. Success builds on success. Impatience builds impatience. Master the opportunities you’ve been given today and success will come to you. There is no “one thing” that will ultimately determine your success other than being successful in the opportunity you have today. Patient, faithful Perseverance is what breeds success. I’ve seen it countless times. Success is a commitment-a mindset-independent Of circumstances.

07/11/2018

Right now we live in a world of chaos. We have 24/7 news cycles designed to alarm us and divide the nation down the middle. We have runaway spending that no one seems to want to address. Isn’t it interesting how the republicans are spending hawks when they’re no in the majority but when they are in the majority they become wild spenders of fiat currency, maintaining the pace of the previous-and extremely fiscally destructive-administration. The hard truth is that inflation is still a runaway train, Trump is battling over tariffs and excise taxes which is hitting commodities hard and supposedly, the dollar is “strong” right now which is why there are no financial areas that appear to be growing. Stocks are a yo-yo and poised for a major 50% correction, real estate is a bubble again-especially commercial real estate, the internet is taking over the globe-eliminating localized businesses and so on. Right now, your money will sit and your primary goal should be preservation. The cost of metals is cheap. It is low and inexpensive. BUT, it is solid. It is here to stay. In a world of madness and chaos, stick with the sure thing. Let your money sit in precious metals based assets or numismatic material. That truly is “Banking on yourself”.

07/09/2018 

Cannot Trade Liberty For Security & The Power of Prayer

Our countries surrender of personal liberties is accelerating at an alarming pace. Benjamin Franklin stated that “Anyone who is willing to trade security for Liberty deserves neither liberty nor security”. We are in a hyper state of over regulation that is leading us into a socialistic regime faster than we can imagine. Freedom is the crux. This all began a rapid change based on FEAR of loss of life and liberty beginning with Sept 11TH, 2001. Since the collapse of the trade towers we have worked overtime to strip all of our peoples freedom and evolve further and further towards becoming a dictatorial regime. 

Our nation has rejected God as its supreme source of truth which has lead us toward the errant strength and leadership of man. What is worse is that our students and populace has been continuously deceived and brain-washed by our media and academia. We are quietly laying down our arms and resolve to protect this once great nation. primarily out of ignorance.  As Joseph Goebbels stated, serving as the Nazi propaganda minister “tell a lie long enough and the people will believe it. The bigger the lie, the easier they will believe it”.