Wednesday, September 29, 2010

Silver and Gold

The buzz about silver and gold continues....more so about gold. In fact the front page of the Wall Street Journal today says, "Gold Vaults to New High".

The optimists say that even at $1300 per ounce, gold has a long way to climb before it gets to the inflation-adjusted level that it reached back in the early 1980's....under Jimmy Carter's fiasco at President.

The Bible tells us in Ezekiel 7 that silver and gold will not save us from the coming wrath of God.

And this article says that silver and gold may soon be falling;

Based on the information from today's media, it may not seem plausible to think the gold and silver boom could become bust, but one investor points out that the bubble could soon reach its end.

Every day there are advertisements, sometimes during every commercial break, that proclaim even though gold and silver prices are at an all-time high, they will only get higher. But Art Ally, president of the biblically minded investment group The Timothy Plan, says it is possible that the industry could soon hit rock bottom.


"I've been in this business 32 years. If I've learned anything, I've learned this: Whenever there is a feeding frenzy on any segment of the investment world, be careful. That is a sign that we're somewhere near the top," he shares.

See it here; http://www.onenewsnow.com/Business/Default.aspx?id=1186174

But then this investment dude goes on to give the best possible advice EVER:

He advises the best investment is for people to humble themselves, pray and seek God's face, and turn from their wicked ways -- a reference to 2 Chronicles 7:14.

AMEN!!

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