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Education: Gold and Silver

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Gold and Silver: 7 Questions: Moving from Dollar Dependency to Gold & Silver.

1. What does it mean to shift from dependency on the dollar to gold and silver?

Answer: This means you begin to move your money away from using paper dollars to using gold and silver as your means of business and exchange. Instead of keeping all your money in dollars—which has lost significant value over time - you rely on gold and silver, which people have trusted for thousands of years and that has historically kept its vale or appreciated over time. Gold and silver are like treasures that have been used as money for centuries. To put this into perspective, the dollar has lost around 96% of its buying power over the last 100 years! By comparrison gold and silver have maintained their value. In other words, moving one's dependency from paer money to gold and silver offers great value and benefits such as security and value, both now and for our families in future, and for generations to come.

2. Why should I hold gold and silver and not just dollars?

Answer: Dollars can lose their value over time because of inflation—when prices go up, your dollars typically will not not buy as much as they used to. Gold and silver, on the other hand, have been trusted treasures for thousands of years because they are rare and cannot be printed endlessly. They offer a more stable way to hold your wealth.

Government spending:

When a government spends way more money than it collects, it has to borrow to cover the gap. Over many years, this borrowing adds up to a huge national debt - which in the case of the United States, is around $30 trillion. This enormous debt can lead to a situation where the government might print more paper money to pay off its bills, which can lower the value of each dollar. Printing more dollars tends to dilute the market, cause inflation, which decreases the dollar's buying power - and that makes your poorer by the day!

Imagine your dollars as pieces of a pie. If the government prints more pieces without increasing the overall size of the pie (which is our economy), each piece becomes smaller. This means that your paper money will buy you less over time because its purchasing power decreases. When prices go up and the value of dollars drops, your savings may not stretch as far as they used to, which can impact future prosperity and make it tougher for everyone to maintain a good standard of living.

Gold and silver come into play as a hedge, which is a way to protect your wealth. These precious metals have been valued for thousands of years and are limited in supply. They don't depend on government printing money, so even if the dollar loses value, gold and silver often hold their worth or even become more valuable. In other words, when you transfer your reliance from paper money to gold and silver, you create a safety net for your wealth. Gold and silver act as a form of financial insurance when the value of paper money is at risk due to high national debt and inflation.

3. What are the main benefits of building wealth with gold and silver?

Answer: Medicare is divided into four parts: Building wealth with gold and silver helps you create a more balanced and secure financial foundation. Instead of relying only on paper dollars—which can lose value over time—you hold something tangible like coins or bars that people have trusted for centuries. In addition, you can also trade gold and silver without actually having to hold and store gold and silver on your person. This is similar to using a credit card in place of paper money. When you kn ow how, the process is perfectly legal, and just as easy as transacting with paper money. Gold and silver act as a kind of secure treasure chest for your wealth, offering a steady store of value even when the economy is shaky. By adding these precious metals to your wealth-building strategy, you’re diversifying your resources, and reducing your risk, which can provide peace of mind and a sense of security for the future.

4. How do gold and silver offer security during uncertain times?

Answer: When the economy is unpredictable and the value of dollars starts to slip, many worry that their hard-earned money won’t be enough to cover rising costs. Gold and silver have been recognized as valuable treasures for for thousands of years. Their limited supply means they can’t be created at will like paper money, which often helps them hold their value over time. By building wealth with these precious metals, you create a safety net that can help protect your purchasing power during times of inflation and economic instability. This tangible wealth offers a reliable anchor, ensuring that part of your resources remains strong when the value of paper currency may be in decline.

5. Do the Bible and its teachings support building wealth with precious metals?

Answer: Yes, the Bible clearly demonstrates the enduring value of precious metals through various examples. King Solomon’s wealth is a prime illustration: 1 Kings 10:14 records that Solomon received 666 talents of gold in one year. While measures can vary, if we consider one talent to be roughly equivalent to 2,000 ounces of gold, then at today's price of $2,949.30 per ounce, one talent would be valued at about $5,898,600. Multiplying that by 666 talents, Solomon’s annual gold income would come to around $3.93 billion in today’s terms. This calculation highlights the immense worth of these metals. Additionally, God commanded that the Ark of the Covenant be overlaid with pure gold—demonstrating the divine significance and lasting value of such treasures. Moreover, in Haggai 2:8, God states, “The silver is mine, and the gold is mine,” emphasizing that all precious metals ultimately belong to Him. These scriptural examples point us in the direction of gold and silver as assets worth considering, as we build our wealth as wise stewards.

Note: The number 666 is interesting, because it is later associated with the anti-christ in the book of Revelation. Why this 'coincidence' occurs is uncertain. Some say that it is a cautionary warning to us to make sure our priorities are in order, and to not let wealth and power corrupt us. Solomon, inspite of his wisdom and God-given wealth, ended his last days spiritually adrift from God. It is a caution to us to not lose our integrity.

6. How do I start my journey in building wealth with gold and silver?

Answer: The first step is to get a solid understanding of how gold and silver can contribute to your overall wealth. Begin by exploring simple guides and resources that explain why these metals have been valued throughout history. Look for education that breaks down the basics in clear, everyday language. You can start with SonsGold.com, which is one of our education programs, specifically for gold and silver. The website has a free ebook for you to download. It is beautifully illustrated, and will help you gain the basic foundational knowledge you need to go further with us. alternatively, you might want to start small—perhaps by acquiring a few coins or a small bar—to experience firsthand how tangible wealth works. However, this may not be the best approach for several reasons which we cover in our training workshops. Many trade gold and silver in a way that subjects them to risk. This is not our approach. We look for strategies that allow participation, while negating risk. If this interests you, you should visit our sites, SonsGold.com and EthicalTrader.com.

7. What should I consider when shifting some of my savings from dollars to gold and silver?

Answer: Before making any changes, it’s important to plan carefully and move at a pace that feels right for you. The right education is essential. There are many programs that will teach you to approach the markets in a way that is similar to betting, or gambling. If you have the right knowledge, taking unecessary risk is avoidable. It is wise to consult with trusted advisors who can explain the process in simple terms. In our case we look for practical Biblical wisdom to develop strategies that reflect practical money management and wise stewardship.

Yes, I want to move from the dollar to gold and silver...
What are my options?

The dollar is losing value, but God’s wisdom shows a better way. Learn how to preserve and grow your wealth by moving from paper money to gold and silver—real assets that stand the test of time. Our faith-based approach equips you with the knowledge to make sound financial decisions in uncertain times. Start your journey to true wealth today.




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