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Discover The Hidden Gold Riches Revealed In The Honest Money Principle
Submitted: 2007-01-17 16:17:20
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By Jerry Sakala Seek first the Honest Money Principle and receive the treasures of darkness and hidden riches of gold currencies, bullion and shares.
But what is the Honest Money Principle?
This is the principle used when issuing currency backed 100% by an amount of precious metal of a specified weight and fineness. As was the case during the gold standard monetary system that ended in 1914.Today, contrary to popular belief, no national currency issued is 100% backed by gold.
To understand the hidden riches in gold currencies, bullion and shares the Honest Money principle reveals, you first need to believe Malachi 3:9-10, Proverbs13: 22:, Mathew 23:23 and Isaiah 45:2-3,5-8,14-15.(please make reference to your bible)
Is it not in these scriptures that lie promised wealth and abundance, treasures of darkness and hidden riches in secret places and laid up wealth for the just and righteous?
Swiss Bank sponsored 1996 International Currency Prize Winner, Anal E Fekete writes “Governments can now tamper with the standard value on a monthly, weekly, daily or hourly basis with impunity, through the instrument of irredeemable currency and through open market operations in the foreign exchange and bond market.” (source: Foundation for the Advancement of Monetary Education www.fame.org )
Did you know that since its creation in 1913, the Federal Reserve US Dollar note has since depreciated by 95%?
This creation of debt note currencies by central banks worldwide “steals, kills and destroys” economies in general. It caused the near total collapse of the world’s monetary system in the 1930 and 1970’s.In contrast 100% baked currencies promote economic growth and prosperity without inflation. During the period 1664-1914 England,
Did you know that US Congressman Ron Paul in July 2003 introduced into Congress “the Honest Money Act: Repeal of Legal Tender Law”.H.R.2779 ? (Source: www.house.gov/paul/congrec/congrec2003/cr072503.htm)
Anal Fekete clarifies further “Hyper inflation has nothing to do with quantity; it has everything to do with quality of money. The true cause of hyperinflation is the inexorable human need for a more hoardable asset. It is the relentless search for a reliable transmitter of value through time.”
What then is the secret about gold currencies, bullion and mining shares that is hidden in the Honest Money Principle? Simple. Ignorance of the fact that national currencies are debt notes and that gold is currency that cannot go bankrupt. Gold is the currency for those who discover the value of the honest money principle. Respected Swiss author and authority on gold and gold markets Ferdinand Lips reveals “gold is not compatible with the modern financial system.”
Total global private holding of gold is approximately $1 trillion and gold mining stock market value is only $100 billion. There is very little gold .At 2400 tones per year, global production is at its lowest. The Mail & Guardian South Africa reports that if gold price is not increased soon, South African mines that produced almost 400 tons last year, will be cash strapped within 12 months.
If out of knowledge or fear of inflation and devaluations, just a fraction of the $150 trillion in currencies, bonds and stocks are sold off for gold currencies, bullion or shares, values of up to $8000 per ounce may not be unimaginable (current average is $400). This mega trend is already visible as the dollar has lost almost 40% since 2001, gold price has risen by 60% and mining shares by 450% explains Swiss Gold Expert Ferdinand Lips.
I’m excited about the honest money principle. I already opened a secure, low cost, no minimum required on-line electronic gold currency account. It allows me to spend, receive and accumulate as little as 1Gold gram ($14).
Link: www.e-gold.com/e-gold.asp?cid=1421987
Be faithful in tithing and offerings without neglecting the honest money principle. Position yourself, for the windows of heaven are open, wealth laid up and the doors broken to $150 trillion paper assets and hidden riches in gold currencies, bullion and shares.
Independent Honest Money Principle Advisor. Money Matters Column Contributor to Construction & Finacial Post and The Evangelist Newspapers, Botswana. tel: 267 71 62 7171 |
Article source: Expert Articles
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