 by Jason Hommel
I've been studying the subjects of Bible prophecy (prophecy
is the Bible's predictions of the future) and the precious metals market for
the past several years. Interestingly,
both subjects are quite related in that they focus on what the future will bring,
and both subjects require a dedicated search for the truth. Bible Prophecy is a huge subject, so there
is a great deal more research and scriptural support that lies beneath the
conclusions and points I will be able to present here. I think that one of the ways to achieve a
greater understanding of the evils of the current fiat monetary systems of the
world, and a better understanding of where we are headed, would be to study the
economic system that God gave the Israelites in the Hebrew Scriptures of the
Old Testament, and compare it to our own. I will start with the conclusions of what my prophecy
studies have led me to believe will be the future of gold and silver with
respect to prophecy, and then explain in more detail how I arrived at the following:
Israel, continuing on into the future, prior to the return
of Christ at the pre-tribulation rapture, will become a very rich nation in
gold and silver, and these precious metals also must rise in value enough so to
move other nations to envy so that Russia, the Arab nations, and possibly
Germany (Gomer?) will be led to invade Israel at the start of the seven year
tribulation. (Ezekiel 38-39) Gold and silver, in the future, prior to the
rapture, and even into the start of the tribulation, will become extremely
valuable, much more so than today, ( To summarize a few of the main points of the economic system
as given in the law, which are a contrast to what we have today:
1. Gold and Silver,
as is all of creation, are from God, and given to man for good use, for a
useful purpose. (Genesis 1:28, Gen 2:12.)
Gold, silver, seed, and flour, were all used as money. (Lev 27:16, 2
Kings 7:1) The vast majority of the time that gold and silver are mentioned in the Bible, it is
in reference to the wealth of the kings of 2. The people were to
have and use "just weights and measures". The standard Hebrew units to measure the
weight of things such as iron, stone, flour or anything, were the shekel or
talent (or other measures), and also used to measure the weight of gold and
silver. Unjust weights and measures were
"an abomination to the Lord". (Lev 3. Charging interest
when lending money was forbidden, unless to a foreigner. (Lev 25:36-37, Deut 23:19-20, Psalms 15:5,
Prov 28:8, Ezek 18:12-13, Neh 5) 4. Every 7 years was
to be a time of total debt forgiveness & slave release. (Deut 15:1-3) 5. Every 50th year
there was not only debt forgiveness, but also the return of all land (except in
cities) to the people which may have been loaned out or sold. (The 50th year,
or Jubilee, was after seven sevens or 49 years) (Lev 25, 27:16-18) 6. Wages had to be
paid every day, not every two weeks.
(Lev 7. There was to be an
inheritance from fathers to their children, and even grandchildren. (Num
27:7-11, Prov 13:22) 8. They were to pay
tithes and suburbs (land around the cities) to support the tribe of the
Levites, one of the 12 tribes, who were the priests & ministers, lawyers
& judges, scribes & teachers, and caretakers of the temple. (Num
18:23-24, 35:2-7)
Next, I will examine how the above laws contrast with our
modern economy and system of money. The two evils that are most frequently mentioned with regard
to dollars is that, one, dollars are not a just weight and measure, and two, that all dollars brought into the economy are done so
when either the government or the people borrow money from the banks (who
borrow from the Federal Reserve) at interest.
Most people understand that, originally, the dollar was defined as a
weight of gold, 1/20 of an ounce, but they really don't care all that much
about it. The reason why is because when
hard economic times come because the people are in debt and there is a
perceived "lack of money", the people actually prefer allowing
inflation to continue, rather than let deflation make it impossible for them to
pay off their debts. Therefore, it is
much less well understood why lending at usury, or any interest rate, is
wrong. I will attempt to briefly cover
why charging any interest at all is unnecessary for an economy to prosper, but
also evil. There are many ways to cause wealth and capital to
accumulate. You can invest capital (or
time and labor) directly in some endeavor, such as a business, which involves
both risk and work. Or, you can lend
money out at interest, requiring collateral to eliminate risk, and charge
interest, which involves no work.
Obviously, the second way is easier, and it is dishonest because it
involves no risk and no work. Contrary
to popular thought, forbidding loans at interest would not destroy an
economy. Money would still be put to
good use as people invest it directly into the economy. In fact, people would be more likely to
invest in stocks (directly into the economy) if bonds were simply not
available. In fact, it is not even
necessary to pass laws forbidding loans at interest, nor is it necessary to
prosecute either borrowers or lenders for participating in such
transactions. What is needed is for the
government to simply not recognize contracts which charge interest as being
valid contracts, just as any contract which is based on an illegal practice,
combined with fraud and deception and lack of disclosure should not be
valid. What this means is that lenders
should not be able to demand that the government enforce payment or transfer of
collateral when payment becomes impossible. When you understand that those who loan money at interest
will be able to enslave the people to whom they make loans, it helps to explain
what is being described in Nehemiah Chapter 5, and it explains why God's people
are forbidden to lend at interest (usury) to their fellow people. Understanding the process of how usury works
also explains how certain prophecies about the nation of Investors are often regaled with stories of the power of
compound interest, but they are not told the full story of precisely how
powerful it can be. Typically, we are
told by investment advisors that if we invest $2000 very early in life (and
allow for 9 doublings), or $10,000 a bit later in life (7 doublings), we can retire
with a million dollars. Great! However, they don't tell you what is possible
if your family dynasty invests a million dollars over a few generations. A million in gold, after 16 doublings, would
come to about $64 Billion, which was way more than all the gold in the world
back at $20/oz. After 20 doublings, a
million turns into a trillion. See the
following for proof: 1 1; 2 2; 3 4; 4 8;
5 16; 6 32; 7 64; 8 128; 9 256; 10 512; 11 1,024; 12 2,048; 13 4,096; 14 8,192; 15 16,384;
16 32,768; 17 65,536; 18 131,072; 19 262,144; 20 524,288; 21 1,048,576 Obviously, a single family, in only two-three generations,
that started out moderately wealthy, if able to lend at interest, risk free,
using loans secured by collateral and government enforcement of contracts,
would be able to control all the wealth of the entire world. Again, just a
small example of why lending at interest, risk free, using using loans secured
by collateral and government enforcement of contracts is inherently unfair, and
should not be legal. Many people say that for the most part, the process of world
ownership rapidly accelerated in the early 1900's, and was greatly facilitated
in 1913 at the founding of the Federal Reserve Bank, and was in full swing by
about World War II. The proof is that
the national debt of the The $250 Billion x 1 oz/$35 = 7,142 million ounces of gold
(worth of dollars) times 1 ton/32150oz. = 222,146 tons worth of gold that the 
This hopefully explains the two great evils of our monetary
system which are that the dollar is not an accurate weight and measure, and
that debt money and usury is evil. But
more than that, it also explains why all debts, everywhere, for everyone, all
at once, should be completely forgiven and wiped out every 7 years, so that
this kind of enslavement debt can never be built up in the first place. Allowing the dollar to collapse to zero would
be a great benefit to the economy, since all enslavement debt would be wiped
out, and the entire system of fraudulent weights and measures would be forced
to end. Examining the process of evil that created our current
economic problems hopefully can shed light on how it will end, and what will
come next. It is a certainty that all
paper money systems in all of history have eventually collapsed; therefore the
dollar, like all the rest, is doomed to reach zero value at some point in the
future, and anyone who saves money in dollar form is really just asking for
trouble. Next, I will explain the context and framework of my
understanding of Bible prophecy so that I will be able to explain my
interpretation of the scriptures in the introduction. As I mentioned at the start, I believe in the doctrine of
the "pre-tribulation rapture".
For many who know next to nothing about prophecy, I apologize for the
unusual terminology, and I will do my best to explain what that means. Of course, there are many different views on
prophecy, which make any study of the subject quite arduous. For those who believe that Revelation 20 is
speaking of a literal time period of 1000 years long, nearly all believe Christ
will return physically at the start of that time. Again, nearly all who believe in that literal
scenario also believe that this 1000 years is
immediately preceded by a time period called the tribulation (which includes
the famous battle of Armageddon). The
tribulation is variously interpreted to last anywhere from 3.5 years to 7 years
or perhaps an undefined period of time when the antichrist, or Satan will come
and deceive people by claiming to be God, (2 Thess 2:3-4,11) The most common
view is that this time of tribulation lasts 7 years. The next detail to narrow down is the issue
of the timing of the rapture, which is when Christ descends from heaven and
gathers his faithful up to heaven to be with him. The various views are that the event of this
gathering (or rapture) might take place either before, or during, or after the
tribulation. The "pre-tribulation
rapture" view is generally held by various Christian fundamentalists such
as Baptists, Pentecostals such as Assemblies of God churches, Vineyard
Churches, Calvary Chapel, and many other independents. Famous preachers of this view include John
Darby of the early 1800's, the Scofield Bible of the early 1900's, Hal Lindsey
of "The Late Great Planet Earth" of the 70's, and lately Tim LaHaye
of the Left Behind fiction series. On a few internet polls, I have found that perhaps half of
the people who believe the pretribulation rapture also believe that the event
of the Gog & Magog war of Ezekiel 38-39 takes place right at the start of
the 7 year tribulation. It makes sense
to place the event of this war at that time because after this war, the
Israelites go out and collect and burn the weapons of their fallen enemies for
the next seven years, which is the length of the tribulation. The other main reason to place this war at
that time is that the antichrist will need some sort of deception to claim,
somewhat like Hitler did, that the 1000 year reign has begun. This Gog & Magog war can therefore be
falsely claimed to be the war of Armageddon, thus properly confusing people
into thinking that the tribulation must be over, and that Christ really has
returned. The implications of this for gold and silver are obvious if
you take the Bible literally because the passage is quite clear that jealousy
of In connection with the Ezekiel passage, there is Revelation
3:18, which many interpret only symbolically.
However, the passage is to the
Rev 3:17 Because thou sayest, I am rich, and increased with
goods, and have need of nothing; and knowest not that thou art wretched, and
miserable, and poor, and blind, and naked: 18 I counsel thee to buy of me gold tried in the fire, that
thou mayest be rich; and white raiment, that thou mayest be clothed, and that
the shame of thy nakedness do not appear; and anoint thine eyes with eyesalve,
that thou mayest see. Americans today think they are rich, because they have
plenty of goods, and the dollar buys much, but they seemingly do not know that
the are truly poor, having no real wealth at all, which is gold. They are even blind to the fact of their
poverty (no gold) and debt because they can live in nice houses and drive nice
cars, which is exactly what the passage is saying on the literal level, they
are "increased with goods". Furthermore, this passage supports and compliments the
passage in Ezekiel 38-39 in two clear ways.
First, I find it difficult to believe that the nations of the north
would ever invade After the rapture, the antichrist will come to power through
peace. (Daniel 8:25,
Since it appears that the world was going to World War III
or WWIV or Armageddon over gold and silver (Ezekiel 38:13), I believe one of
the antichrist's solutions for world peace will be rather simple. One solution would be to outlaw physical
possession of gold and silver by anyone except for the world government. It is rather clear that the antichrist
controls and owns gold and silver. (Dan Further, Ezekiel goes on to describe a frightening passage
about how gold and silver seem to be less that worthless, but almost even
dangerous to possess, again, I feel I should quote the full passage. Ezekiel
Why would anyone ever feel the need to "cast their
silver in the streets"? Even if
silver were to drop in value to ten cents per ounce, people would still buy and
sell and hoard the stuff (I certainly would), and there would be no need to
throw it away like it was garbage. So,
to cast silver into the streets! In the
context of Daniel 11, Revelation 13, and the rest of the passage where it says
"their gold shall be removed", it seems as if the only reason people
are casting silver into the streets is because they want to get rid of it, so
it cannot be said that they ever owned or possessed the stuff. Today it is possible to scan someone's house
from the street and detect whether a person has a quantity of precious
metals. Throwing one's metals into the
trash might not be a good idea, because it might be shown that it came from
you. Burying it might not be an option,
if they can detect that as well. Isaiah
2:20, Isaiah 30:22, and Isaiah 31:7 compliments the idea that people will be
casting away all items of gold and silver in the time of the tribulation, also
known as the "Day of the Lord".
These passages are best to be understood to take place in the context of
the time of the 7 year tribulation, since it speaks of the "day of the
wrath of the Lord", which Zephaniah also describes as the time of the
tribulation, or trouble, or distress. Zephaniah 1:14-18 To the novice Bible interpreter, it might seem as if these
are contradictory passages that on the one hand say that gold will be valuable,
and on the other, say it won't be valuable.
But even these passages about "casting away silver" strongly
suggest that gold and silver will be quite valuable at that time. Consider the phrase, "their silver and
their gold shall not be able to deliver them in the day of the wrath of the
LORD", which is also repeated in Zeph There is one other prophecy passage in the New Testament
about gold and silver in James 5:1-6 which is especially relevant to what we
see today in the precious metals market. James 5:3
Your gold and silver is cankered; and the rust of them shall be a
witness against you, and shall eat your flesh as it were fire. Ye have heaped
treasure together for the last days. I do not think that this verse is advice against owning gold
and silver. This verse is not saying
that it is honorable to maintain wealth in the form of dollars which, remember,
are fraudulent weights and measures which are an abomination. Holding dollars would place one in the
category of the worker whose wages of wealth were "kept back by
fraud" as indicated in James 5:4.
If anything, James 5:3-4 is a testimony against the bankers who have
stolen gold and silver from the people through fraudulently issuing more and
more paper contracts that they never intended to honor in the first place. But James 5 is also a testimony against the banking practice
of leasing gold and silver. For when
they do that, their gold and silver literally "rust away", as they
attempt to continue to list as assets in their books the gold and silver that
is gone! Truly, gold does not rust, it
is only the insane practice of leasing gold that helps to explain how gold
could be cankered and rust away.
Furthermore, the verse says that the rust of the gold will be a
"witness against you", and today, we see the increasing awareness
among people of the fraudulent banking practice of metals leasing, which,
increasingly, is certainly a witness against the banks.
In conclusion, I do not know exactly when the set sequence
of events in scripture will begin.
Perhaps the rapture will happen next year, or 5 years from now, or 10 or
30 or more. But I am confident in my
interpretation of the scriptures, and I'm confident that I have placed them in
the correct time sequence with regard to the overall prophetic outline of
events. I'm extremely confident that If anyone wishes to discuss further the details of my
interpretation of Bible Prophecy, I invite you to visit my web site at
Bible prophecy study or email me at bibleprophecy@yahoo.com Sincerely, |
