Many years ago one of my mentors suggested it would be a good idea to begin to exchange your paper money for gold and silver. This was at a time when the price was significantly lower than it is today. At that time my teachability index was low and my excusitus index was high on this subject and I did nothing. In the months following that recommendation those two metals skyrocketed in value to levels much higher than they are today. When the value of the metals fell I began to take action and recommended to others they might want to do so also. I am not sure anyone has. The general concept of thinking today is gold and silver is just a commodity. People have lost touch with the fact that these metals have historically been used for trade and commerce. They have maintained their value and worth over time. Paper money has not. For those who know what others don’t know there is still a window of time to exchange your paper money for that which still has value. You certainly are not making any interest on the paper stuff, which in fact is really only an electronic, digital concept.
At the same time I would like you to consider the fact that while this might be a wise economic move, it is not the ultimate treasure. There are more important areas to give priority to. Matthew records the words of Jesus in Matthew 6:19-21, “Do not store up for yourselves treasures on earth, where moth and rust destroy, and where thieves break in and steal. {20} But store up for yourselves treasures in heaven, where moth and rust do not destroy, and where thieves do not break in and steal. {21} For where your treasure is, there your heart will be also.” There is more to life than focussing on material things. It is important to remember this.
At the same time it is a wise decision to provide for you and your family and to be prepared for what may come in the future. Joseph was groomed through a series of events which may not have been perceived in the moment of happening as good, but were exactly what he needed when the nation of Egypt and the surrounding countries faced seven years of drought. He was ready to take leadership through that time and protect the lives of a great many people including his own family. The decisions he made in the good times provided for the lean times and in fact he thrived in the lean times. Faithful stewardship of resources is important in the process of living your life to its full potential.
How high will gold and silver go this time? No one knows for sure, but the overwhelming debt load of the nations of the world cannot be sustained for much longer. This is a period in history when wise choices will pay big dividends both sides of eternity.