There is no nation in history that has taken gold from backing its currency where that nation's currency has not failed. In 1968 gold backing the U. S. Federal Reserve Notes was eliminated. There is no longer a standard in reserve to back the dollar amount written on federal reserve notes. Every thing must have a standard to determine it true value. The U. S. dollar has nothing. At the time of this writing, the U. S. debt is already through the roof and daily spinning out of control. The United States of America is now spending its great grand children’s money and they are not yet born. If every dollar from every large corporation, every small business and every dollar from every household in the United States was accumulated in one big pile, it would only be enough to pay 50% of this nation’s debt. The debt is multiplying daily. I am not talking about personal debts, but this nation’s debt. All of the gold in existence worldwide at today’s spot price, now over $1700 per ounce, is not enough to pay the debt of the United States. Everything must have a standard to judge true worth, so the gold that is in existence today must be worth much more that its spot price or the dollar is worth much less. At every printing of new money, the real worth of gold, silver and precious stones goes up. The higher the debt of this nation in U. S. dollars, the true value of durable riches goes up. I am not saying to take every dollar that you have and convert it to gold, silver and precious stones as endtime investment opportunities, but in my opinion you need to have a strong position in what the Bibles reveals as durable wealth. Certainly there are other things that will increase in value in the last days. We have Bible facts that Abraham was very rich in land, cattle, sheep and other livestock. The Bible tells us that the things of old were recorded for our learning that we not fall into unbelief. God desires that his people have all of these things in abundance and not to suffer in the hard economic times. Look for endtime investment opportunities that are Bible based to strengthen your substannce. More at: Endtimes Investments
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