“In God We Trust” is our nation’s motto. It’s explained in The Star-Spangled Banner, stressed in The Pledge of Allegiance, and printed on our currency. It has been the law since July 30, 1956, when the 84th Congress approved it and President Dwight Eisenhower declared it must appear on the U.S. dollar. While challenged in court as a violation of the First Amendment, judges have ruled it doesn’t endorse any particular religion and is therefore constitutional. First printed in 1957, “In God We Trust” has been printed on our bills for over 60 years now.
But do all Americans trust in God? Some do, but I’d say the vast majority unconsciously trust in their paychecks, stock valuations, and welfare. They treat the government as God because they have the ability to make U.S. dollars out of nothing but their power and printing press. But they can only do this because the dollar is the world’s reserve currency, because it was once backed by gold. Yes, the dollar used to be as good as gold, trusted by the whole world. But that’s no longer the case; it’s financed with 21 trillion and backed only by the faith of the U.S. government who prints more of it all the time, now adding over a trillion every year.
What’s wrong with debt? Not only does the U.S. government have tons of it, but most Americans do too. Once upon a time, anyone with U.S. dollars could walk into a bank and redeem them for an equivalent amount of gold or silver. Gold was real money, and dollars were IOUs for gold. Ahhhh, that makes better sense, right? This was known as the classic gold standard. But the government wanted more money to do more things, and that’s when the U.S. Federal Reserve Act of 1913 created and established the central banking system of the United States, allowing them to print $50 for only $20 worth of gold (a 40% reserve ratio to have more with less).
During World War I (1914 to 1918) and II (1939 to 1945), Europe paid the U.S. in gold for guns, tanks, consumer goods, and grains. By the end of World War II, the U.S. had two-thirds of the world’s central bank gold and Europe had no gold but lots of dollars that the U.S. had loaned them. This made America rich and the other countries relatively poor. Left like this, we would have had a worldwide financial collapse, but representatives from around world met in Bretton Woods, New Hampshire, to find a solution. There, they decided that every currency would be backed by the U.S. dollar and the U.S. dollar would be backed by gold at $35/ounce. Voila…that’s why the U.S. dollar is the world reserve currency.
In 1944, the dollar literally became as good as gold, and exchange rates were fixed, giving stability to all the world’s currencies. In essence, the United States of America became the world’s bank and world trade boomed. There was only one problem–it wasn’t clearly established how many dollars the U.S. could print in accordance with the gold that the nation held. They got so excited about spending that people forgot about physical gold behind the IOUs they were holding. With the whole world backing them, dollars felt real and strong. Soon, the government started printed and spending a lot more dollars for Johnson’s great society, and exported them around the world.
When Charles de Gaulle, President of France, caught on to what the U.S. was doing (overprinting IOUs, otherwise known as currency), he spoke publicly about his concerns, and France started sending its dollars back to the U.S. in exchange for gold, which was real money. Other countries followed suit, and from 1959 to 1971, the U.S. lost 50% of its gold reserves in return for the dollars other countries were exchanging. Knowing they had printed twelve times more dollars than they had gold (Oops!), Nixon halted the convertibility of dollars to gold on August 15, 1971. If he hadn’t done this, the U.S. would have lost all its gold, and once again, there would have been a monetary system collapse.
So all the world’s currencies, once backed by the U.S. dollar which was backed by gold, instantly became fiat, backed by nothing but the government’s word. Since then, debt has continued growing exponentially, and if you understand where that puts the U.S dollar today, then you can see where I’m going with this. But here’s the deal—not only has the government created more than 20 trillion in debt, and debased U.S. currency, but they’ve allowed “someone” to create paper gold contracts which are a form of credit that have no physical backing in gold. Someone dumps these contracts on the market in massive quantities every time they want the gold price to go down, which scares people away from it and into flawed business models (like highly indebted Tesla [$tsla] without cash reserves or Facebook who profits by selling your personal data).
When people realize that they’ve built their lives on sinking green paper ship (fool’s gold), and the U.S. economy falls hard, they’ll remember the motto “In God we Trust,” and they’ll remember gold. For all Christians, the Bible should be clear, God doesn’t like debt, and He doesn’t like deceit either. It’s interesting how just one letter “L” separates GOLD and GOD, and just one letter “L” separates the WORLD from God’s WORD. “‘The silver is mine and the gold is mine,’ declares the LORD Almighty” (Haggai 2:8). Because of governments tricks, gold miners are probably the most hated investment out there, the only sector left that’s extremely undervalued. I find it strange and fascinating that Americans have abandoned both gold and God at the same time.
In the Old Testament, God told Moses he was going to take his people out of Pharaoh’s dominion. He instructed them to take all the gold they could get from the Egyptians, not to leave without it. He had specific plans for this gold: “Make an atonement cover of pure gold – two and a half cubits long and a cubit and a half wide. And make two cherubim out of hammered gold at the ends of the cover” (Exodos 25:17-18). I believe God is telling his people again to do the same thing. There’s going to be a huge financial collapse; get all the gold you can and get to a safe place. The 2008 crash was not an anomaly; the problem was not fixed. The government put a band-aid on it on and pumped a whole lot of debt into the economy. It’s deceiving because debt looks like gold! People now buy and sell debt and liability like it’s an asset.
Gold has always represented God’s purity, not the heavily indebted U.S. dollar that other countries buy to finance the American lifestyle. If you read more, you will see that God wants everything in gold, his furniture, lamp stands, garments, bells, etc. The three wise men who came to pay homage to baby Jesus offered gold, frankincense, and myrrh. In Revelations 1:12-13, Jesus is wearing a white robe with a golden sash wrapped around him. In Rev 9:13, he wants his alter in gold, and in Rev 21:21, he mentions streets of gold in Heavenly Jerusalem. If the Old Testament is associated with so much gold, if Jesus is clothed in the New Testament with gold, there must be a good reason. But what about dollars? Or bitcoin? I don’t know what will happen in the short term, but in the long-term, they’re not in God’s big book.
Gold has survived every fiat currency ever created by man. Fiat is currency that a government has declared to be legal tender, but it is not backed by a physical commodity. If you look at history, every single fiat currency has eventually gone to zero. Why? Because of debt. Someone has to lend the money and that someone doesn’t have an infinite supply. Do you think the U.S. dollar will be the only currency to have eternal life? Really? Do you believe something so corrupted by debt is God’s money and God will continue to support it? Is more debt what makes America great again? I don’t think so! At some point, there will be a reckoning, a huge currency devaluation, and a lot of pain for those that don’t get out beforehand.
Something’s coming. Politicians have been exposed. Hollywood has been exposed. Many “respected” abusers who have been in power for a long time have had the rug pulled out from under them as the truth is setting itself in motion and setting people free. It’s a divine period of history, and the naked truth about the monetary system is on its way. China and Russia are buying more gold than ever before. Ask yourself—why isn’t the U.S. government doing the same? Everything today is about sentiment: what people believe and how they feel about things. If people believe in the U.S. dollar; the U.S. dollar will stand like God, right? The government wants everyone to have and hold dollars until death do them part.
For a long time now, we have heard that the U.S. economy is strong. States and territories are broke, the homeless population has risen hugely, retailers are closing right and left, real estate prices are absurd, many countries are angry with us and our big-bully mentality. Unemployment rates are low according to the government data, but did the government mention they delete those who have been looking for a job more than six months? If it weren’t for this trickery, unemployment would certainly be a lot higher. The government needs the world to feel good about the dollar and to hold it. So it resorts to bullying and trade wars with the other countries who resist. It will try to turn the world away from gold, and force it to use the dollar. They know if the world dumps dollars, the dollar will lose its value.
Like it or not, America is not great again; it’s on life support. This is the problem with debt. You should never make someone else’s liability into your asset. Russia recently sold all its U.S. treasuries. China is in a tough position because it holds so many U.S. treasuries which can never be withdrawn from the system or used in any large quantities and the U.S. is in a tougher position because it knows it’s running out of people and countries to finance its debt. We are living in a massive bubble, and all it takes is a default somewhere to pop. Smart people will trade some of their green paper for something of value, and they’ll do it before it’s too late. If you buy gold, you buy truth, something real, which cannot be printed. It’s no wonder why God loves gold, and why it’s mentioned 441 times in the Bible, in 43 out of 66 books.