I get into many discussions in regards to what real money is. Many people don't realize that what we call our "dollars" (The term dollar is actually derived from a minted silver coin), are actually Federal Reserve Notes. Many people ask me, "What is the Federal Reserve?" Well, I'll tell what you it ISN'T: It ain't Federal (It's a privately owned entity), and there AIN'T no reserves. Our dollars (Federal Reserve Notes), come into existence through debt so in actuality our dollars are instruments of debt.
So what does this have to do with what the Bible says about gold & silver? I've come to a very simple conclusion in regards to where I want to store my wealth/savings. I have come to a better understanding of our banking/financial system in the last few years and when I compare our 'dollars' to physical precious metals it's an easy decision for me to place the majority of my wealth in precious metals. Yes, I still have a bank account and understand that I have to use dollars to transact business, but I also hold a percentage of my savings in physical precious metals.
Many of you know that gold and silver have been around since early times. Gold is mentioned in the first(Genesis), & last(Revelation), books of the Bible. Please see Genesis Chapter 2 verses 11 & 12 for the first reference of gold in the Bible. In my studies I have come to realize that according to the Bible-God's word, gold and silver are considered real money since the beginning of recorded human history.
I intend to list various Bible verses and at times might add some commentary so that we might gain some insight on what God has to say about money, what it's uses are and how we are to handle this very important part of our lives.
Many people live their lives for the increase of money (Wealth), and as I mentioned money is an integral part of our lives (We all need it to function in society), but it is NOT the most important thing in life:
In the Hebrew Scriptures (Also known as the Old Testament), The Book of Proverbs, Chapter 3, verses 13 & 14:
Happy is the man that findeth wisdom, and the man that getteth understanding. For the merchandise of it is better than the merchandise of silver, and the gain thereof than fine gold.
Wisdom, (The beginning of which is to FEAR THE LORD), is far more important than silver & gold and several times in the Bible we will see wisdom mentioned as a comparison to them. From ancient times silver and gold have been considered real money and a place to store & transport wealth but again most importantly is the VALUE of wisdom which is the knowledge from and about God that PRODUCES right living.