More Valuable Than Silver Or Platinum - Choosing Gold As an Alternative Investment Option
In the face of current stock market woes, many investors are looking into alternative investments in an attempt to diversify and safeguard their portfolios.
One of the best alternative investment options available today involves putting money into physical commodities, the most valuable of which is gold.
I believe gold should be in at least one of the three piggy banks that every individual should have.
The three banks that will make you rich with a balanced portfolio are: 1.
Savings: saving for generational wealth.
You never break this bank.
2.
Investing: here you are looking for opportunity, you could afford to lose this money and still eat.
3.
Giving: giving back to people less fortunate as yourself and causes you believe in.
I will expand on this idea in future articles but right now I'll just say that I believe gold would be a good deposit for the 'investing' piggy bank.
And I believe it is always a good investment for the 'savings' piggy bank as well, and I will explain why further in this article.
But before we dig into the subject of investing in gold, let's take a look at some of the other physical commodities that were mentioned in one of the oldest and most sacred books: the Bible.
Exodus 25 starts off with the following verses: 1.
And the LORD spoke unto Moses, saying, 2.
Speak unto the children of Israel, that they bring me an offering: of every man that giveth it willingly with his heart ye shall take my offering.
3.
And this is the offering which ye shall take of them; gold, and silver, and brass, 4.
And blue, and purple, and scarlet, and fine linen, and goats' hair, 5.
And rams' skins dyed red, and badgers' skins, and shittim wood, 6.
Oil for the light, spices for anointing oil, and for sweet incense, 7.
Onyx stones, and stones to be set in the ephod, and in the breastplate.
8.
And let them make me a sanctuary; that I may dwell among them.
9.
According to all that I show thee, after the pattern of the tabernacle, and the pattern of all the instruments thereof, even so shall ye make it.
First, notice that nowhere does He mention any man-made currency that isn't backed by physical commodities.
There are no IRA's, no mutual funds, no dollar bills.
Second, did you see the very first physical commodity mentioned? (Hint: It was gold.
) Let's consider why gold is considered more valuable than other physical commodities.
For example, why is gold more valuable than copper? Some may throw the availability factor back at me, saying that gold is more valuable because it's more scarce than copper.
After all, the more readily available a commodity is, the less value it has, right? At least, that's the reasoning behind the little value found in other physical entities like salt or sand - if gold was as common as either of those and could be picked up off the street by anyone at any time, it wouldn't be worth as much, right? But what about platinum? If we go by the scarcity standard, platinum definitely fits the bill.
It's much scarcer than gold and, for that reason, is more expensive...
but have you ever heard about platinum being a source of currency? Per the Platinum Guild International, platinum is the 'most precious' of the precious metals ...
It is simply a matter of relative scarcity.
No, gold is still the standard when it comes to physical commodities being used as currency.
If scarcity isn't our no-fail answer, why does gold pull rank on so many other physical commodities? Here's your answer, plain and simple: because God values gold.
He set the standard, and for thousands of years, human beings have simply followed His example.
In the King James Version of the Bible, God references the offerings made to the tabernacle, which is the holiest of holy places...
and was made with gold.
Not silver, not copper, not even platinum.
Gold was the material of choice when God was building His most holy place.
Gold is what God chooses to surround himself with; is it any wonder it's the most precious of the precious metals? His holy places aren't the only things that God chooses to enshroud with his holiest material.
Here are a few excerpts from Exodus: ...
make upon it a crown of gold round about.
(Exodus 25:11) ...
four rings of gold.
(Exodus 25:12) ...
make staves of shittim wood, and overlay them with gold.
(Exodus 25:13) ...
make a mercy seat of pure gold (Exodus 25:17) ...
make dishes spoons, bowls to cover with pure gold (Exodus 25:29) ...
make a candlestick of pure gold (Exodus 25:31) These are just a few examples of more than 85 references to God's uses of gold in the book of Exodus.
The bottom line is that if you're looking for an alternative investment that has stood the test of time, you may want to consider looking into gold as an investment option.
Gold has excellent lucidity for times in need.
Plus, gold is even better when used as collateral for loans or lines of credit.
Any bank on the planet will accept hallmarked gold as collateral if you need money.
The best part about this is that you don't have to sell the gold to get the money.
You can use other people's money (OPM) in times of need.
I will expand on this topic in the near future.
One of the best alternative investment options available today involves putting money into physical commodities, the most valuable of which is gold.
I believe gold should be in at least one of the three piggy banks that every individual should have.
The three banks that will make you rich with a balanced portfolio are: 1.
Savings: saving for generational wealth.
You never break this bank.
2.
Investing: here you are looking for opportunity, you could afford to lose this money and still eat.
3.
Giving: giving back to people less fortunate as yourself and causes you believe in.
I will expand on this idea in future articles but right now I'll just say that I believe gold would be a good deposit for the 'investing' piggy bank.
And I believe it is always a good investment for the 'savings' piggy bank as well, and I will explain why further in this article.
But before we dig into the subject of investing in gold, let's take a look at some of the other physical commodities that were mentioned in one of the oldest and most sacred books: the Bible.
Exodus 25 starts off with the following verses: 1.
And the LORD spoke unto Moses, saying, 2.
Speak unto the children of Israel, that they bring me an offering: of every man that giveth it willingly with his heart ye shall take my offering.
3.
And this is the offering which ye shall take of them; gold, and silver, and brass, 4.
And blue, and purple, and scarlet, and fine linen, and goats' hair, 5.
And rams' skins dyed red, and badgers' skins, and shittim wood, 6.
Oil for the light, spices for anointing oil, and for sweet incense, 7.
Onyx stones, and stones to be set in the ephod, and in the breastplate.
8.
And let them make me a sanctuary; that I may dwell among them.
9.
According to all that I show thee, after the pattern of the tabernacle, and the pattern of all the instruments thereof, even so shall ye make it.
First, notice that nowhere does He mention any man-made currency that isn't backed by physical commodities.
There are no IRA's, no mutual funds, no dollar bills.
Second, did you see the very first physical commodity mentioned? (Hint: It was gold.
) Let's consider why gold is considered more valuable than other physical commodities.
For example, why is gold more valuable than copper? Some may throw the availability factor back at me, saying that gold is more valuable because it's more scarce than copper.
After all, the more readily available a commodity is, the less value it has, right? At least, that's the reasoning behind the little value found in other physical entities like salt or sand - if gold was as common as either of those and could be picked up off the street by anyone at any time, it wouldn't be worth as much, right? But what about platinum? If we go by the scarcity standard, platinum definitely fits the bill.
It's much scarcer than gold and, for that reason, is more expensive...
but have you ever heard about platinum being a source of currency? Per the Platinum Guild International, platinum is the 'most precious' of the precious metals ...
It is simply a matter of relative scarcity.
No, gold is still the standard when it comes to physical commodities being used as currency.
If scarcity isn't our no-fail answer, why does gold pull rank on so many other physical commodities? Here's your answer, plain and simple: because God values gold.
He set the standard, and for thousands of years, human beings have simply followed His example.
In the King James Version of the Bible, God references the offerings made to the tabernacle, which is the holiest of holy places...
and was made with gold.
Not silver, not copper, not even platinum.
Gold was the material of choice when God was building His most holy place.
Gold is what God chooses to surround himself with; is it any wonder it's the most precious of the precious metals? His holy places aren't the only things that God chooses to enshroud with his holiest material.
Here are a few excerpts from Exodus: ...
make upon it a crown of gold round about.
(Exodus 25:11) ...
four rings of gold.
(Exodus 25:12) ...
make staves of shittim wood, and overlay them with gold.
(Exodus 25:13) ...
make a mercy seat of pure gold (Exodus 25:17) ...
make dishes spoons, bowls to cover with pure gold (Exodus 25:29) ...
make a candlestick of pure gold (Exodus 25:31) These are just a few examples of more than 85 references to God's uses of gold in the book of Exodus.
The bottom line is that if you're looking for an alternative investment that has stood the test of time, you may want to consider looking into gold as an investment option.
Gold has excellent lucidity for times in need.
Plus, gold is even better when used as collateral for loans or lines of credit.
Any bank on the planet will accept hallmarked gold as collateral if you need money.
The best part about this is that you don't have to sell the gold to get the money.
You can use other people's money (OPM) in times of need.
I will expand on this topic in the near future.