The Love Of Money
– by Zoltan Erdey
Over the past year, I have written numerous articles about precious metals. I have pointed out that silver and gold ought to be part of the portfolio of any wise and prudent Christian. For example (in the long term), precious metals preserve the purchasing power of one’s labour far better than fiat currencies. It provides security and a type of insurance in times of economic uncertainty when having wealth outside of the banking system is important for survival. Silver and gold remains the only form of honest of money in existence today. In addition, silver has no counter-party risk, so its true value does not depend on a third party. Lastly, precious metals remain an excellent diversification to the typical equities many financial advisers promulgate.
We must always rely on Christ
Perhaps, after all the information about the wisdom of investing in precious metals, it is time to reflect on the following verse: “Whoever loves money never has enough; whoever loves wealth is never satisfied with their income” – Ecclesiastes 5:10.
Chasing investing success can leads to a slippery slope; Christians may develop a secret love affair with their acquired gold and silver (a type of gold fever if you will). Furthermore, the danger of becoming self-reliant on our own efforts to provide for the future is ever-present.
Guard your hearts!
However, no matter how wise and prudent we are with money, or how astute our investment decisions may be, we should always guard the heart against the love of money of possessions. Our security, our future, and our trust must be in the Lord only . . . in His goodness, kindness, and favour. In all our dealings with money, we should guard our hearts and minds, lest we become lovers of money, rather than lovers of God.
Keep your lives free from the love of money and be content with what you have, because God has said, “Never will I leave you; never will I forsake you” – Hebrews 13:5.
JOY! Magazine (May 2018)