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Is Gold a Safe Investment for Christians? by Adam Toscano





Article Author Biography
Is Gold a Safe Investment for Christians? by
Article Posted: 10/18/2011
Article Views: 624
Articles Written: 23
Word Count: 507
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Is Gold a Safe Investment for Christians?


 
Christianity,Finance & Investment,Investment
Like most people you want to secure financial stability for you and your family. With all the mistrust in the paper currency, people are wondering how they can get the most out of their money. One of the more popular options is gold. Many Christians are wondering if it is actually a safe investment and if they should invest in it?

If you look back in biblical times, gold and silver has been mentioned numerous times. Gold, silver, and flour were all used as currency to trade for other goods. Wealth was measured by gold as made apparent by the kings of Israel. The most famous proof of gold as a sign of wealth was King Solomon, whose temple was decorated with gold and jewels.

Aside from history, there are many reasons why gold is a safe investment. If you look back at the last 10 years, it's clear that gold is one of the most reliable investments. The value of gold has remained constant and recently has been going up. The statistics are a clear indicator that it's still a great investment.

People are also looking as gold as a more reliable long term investment compared to stocks. Stocks are very volatile and the market is always changing. While gold also fluctuates in value, the range of fluctuation is fairly stable compared to stocks. Again the statistics show that it has been going up so it is a rather safe investment.

More industries are also finding use for gold. It is being used in medical equipment, in computer parts, and in other forms of technology. Most people see jewelry when it comes to gold but in reality, we have yet to maximize the use of this metal. There is still a lot of uncovered territory when it comes to using gold.

You also have to remember that gold is a resource. It is not manmade and is raw material that is formed naturally. Natural resources will always be in demand because there is a limited supply of it. Metals will always be needed and many industries depend on them to keep afloat.

Countries all over the world also recognize the value of gold. To many, it is a hedge to paper currency and is used to balance inflation and deflation of currency. Many years ago, paper currency was backed by gold but there was not enough gold to back the amount of currency that would be needed. Ever since then, currency is now backed by credit rather than something of real value.

As you can see, over the long term gold can be considered a safe investment. Christians can look back in history and they will find out that gold has lasted the test of time. Gold is seen as an indicator of wealth countless times in the bible and is also referred to be a creation of God. It is a worthwhile investment that you should definitely look into. You are encouraged do more in-depth reading on gold as a safe investment Christians.

Related Articles - Safe investments, safe investing, Christian investing, Christian investments, Christian gold, Gold as an investment, gold investing, ,

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