Hi bro Jim ...
You wrote;
"Sir, can you please explain why you "opened and invested $$$ in the purchasing of actual gold bullion"
Bro the "reason" is a subject i've addressed on SI prior, as i've felt led of our Lord to post much about "America's Precarious Economy", but the bottom line reason is because i believe led of our Lord to do so, to the benefit of my family and church in the coming time of need ...
In the early 80's i believe Holy Spirit directed me to a book called "How to Survive the Next Great Depression" by R L King ... It's been so far back that i don't even remember how i got it, but i still remember the alarming impact it had on my thinking about $ ... For one thing this anti-Keansian economist outlined the amount of debt we Americans had taken on then, as he also mapped out how much debt our own government was taking on, and why ... Then he proceeded to lay out what would happen if we as a people/government would continue on this course ... Well we have, and now all that he wrote about is here, even more aggravated by the events since 9/11 ... One other thing i believe Holy Spirit did in this was to tie it together in my spirit that America was doomed to experiencing this decline in direct cause of how we as a nation had treated Gos since the 60's ... That was the beginning of my trumpet blowing ...
The American dollar and the American economy, in the natural, is on the verge of collapse due to our outrageous debts, and in the supernatural because of our having gotten way past God's limits about the trust in mammon, and therefore the world economies are on the verge of major downward adjustments too ... We're 5% of the world population, and consume 25% of it's goods ...
To tell you the truth i'm the last one i'd of ever thought to be doing this, let alone believing that God has directed me to, but i've subsequently learned that gold and silver has always been recognized as true money, and that the one reason governments finally got off of what is called the Gold Standard is because the value of paper money (fiat currency)
once could not be worth/spent/printed beyond the gold that was backing it ... That's why once America was so proud of Fort Knox, now you don't even hear about it ... Once that standard was done away with governments (here during Nixon's presidency), via The Fed became free to print as many promisory notes as they felt they needed to and/or could back by it's own gaurantee ... From the last American Depression (the domino effect fall of all paper promisory notes) one of the things that sticks out in history was that holders of actual gold had buying/bargaining power even tho the economy/$ was in the toilet - so much so that Pres. Roosevelt made it a crime for an American citizen to keep gold and our government demanded (confiscated) that it be turned in for paper currency valued way below the actual gold value ...
Then after the Great Depression, especially during the boom times from the 50's onward, all kinds of ways for wealthy people to own actual precious metals outside US extradition laws (except for felonius activity) were opened up, but even then as long as fiat money seems viable to other nations actual gold metal value stays low, and therefore investors don't but it, and brokers advise not to touch it as only chicken little, the sky is falling crack-pots value gold ... But when confidence in fiat money becomes shaky, as it is now amongst even the likes of Gates, Soros and Buffet, gold bullion prices go up and investors start to diversify into it ...
Let it also be said that governments who push their currencies don't like gold, and there are ways for them to be creative in holding gold prices low as many will from time to time unload their gold supplies to regulate downward price, just as there are ways to overinflate housing prices so that business can continue to be percieved as still robust, tho that seemingly continued success is built on the incurrence of even more debt, and will also eventually reach it's glut as it already has here in the US ... It's like us all standing around watching the blowing up of a huge balloon which at some point when it starts to get too big begins to cause anxiety to some watchers, this is what i believe Holy Spirit made me aware of some time ago to my distancing myself from it while even now many are looking at the balloon as "oh it's so big and pretty" and it's about to blow up in their faces ...
i can only attribute it to our Lord that He's taken a once Bohemian Van Gogh artistic type like myself, and has made me to understand as much about "wealth" as i do now ... i may not have it 100% down but i do believe that what i'm hearing is from Him and so i do ... With the holdings that i have now in actual gold metal, when i first became interested in gold purchasing it was $480. and oz., today it's around $650., with projections as high as $2000. an oz. in the event of a US economic meltdown ... It's stored on the isle of Jersey, off the UK, because the way it works is in event of a meltdown in any nation, rich citizens store their actual metals
in another nation, and due to International Law, can draw from the profits of such holdings tho in the affected nation ... Another thing that i've also learned about wealth, especially in tangible assets is, they don't dissappear, they just change hands, and are usually sold again pennies on the dollar in times of a economic crash ...
Just as in the Great Depression, tho everyone took some loss, everyone wasn't poor, and those who had some wherewithal during that time when supply far exceeded demand where able to buy things dirt cheap ... That's why J D Rockefeller said: The time to make $ is to buy when blood is running in the streets" ... This is one of the reasons why i also attempt to get as many saints who are trying to buy houses this year to just wait ...
Bottom line is i believe our Lord has been/is grooming me for "stewardship", and tho by the mere capacity of office i and mine will benefit, but it's moreso for my congregation, and other saints ... So this is the reason, as far out as it might seem, i do what i do ...
Somehow, somewhere, down the line i believe like the little boy on the mount, i'm to be a conduit of His supplying needs to His own by His blessing and breaking my meager 5 loaves and two fishes that i offer out of pure faith - and pure faith alone ...
You know when our Lord first started talking to me about $ the first offshore Gold Repository i learned about is called SafeWealth, in Switzerland, where they won't even talk to you unless you've got 100K ... At that point i used to say, "Lord why are you telling me about $ when i don't have any" ...
Then at the beginning of this year i believe He opened up a door and all of a sudden i had a little sizable amount, and not only that got directed to ...
GoldMoney
http://www.goldmoney.com/en/index.php
Which is a repository just like SafeWealth, except it afforded the likes of me to buy and hold Gold/Silver bullion ... Well you have to know the way i think it was His perfect timing and so i bought, and am still buying ... To me i'm reminded of the scripture that say's "He who is faithful in least" ... One thing i've learned in our Lord's dealing with me about $ is there is no such thing as mine and His, it's all His, and i think a saint graduates once that fact is no longer hard to swallow! ...
Blessings in Christ Jesus!
