When is silver valuable? (10:20)
The tongue of the righteous is as choice silver, the heart of the wicked is worth little.
For thousands of years, silver has been universally recognized as a precious metal.
A precious, rare, and incorruptible metal is used to store wealth. It has enduring value. Its price fluctuates, depending on how precious it is, whether it is precious, very rare, or semi-precious. In this text, incorruptible silver is used as an archetype of the worth of good words. There are grades or assays of silver. Someone who speaks truthfully and lovingly is as precious as the highest grade, sterling silver.
We all value the right words at the right time. We also value pure silver—if we can get it. If we observe the history of using silver, we’ll understand why it’s so valuable.
Like all precious metals, silver’s value fluctuates. From 1975 to 2004 its price normally averaged between $US 4.00 to $US 6.00 per oz. Yet it peaked in 1980 at $US 48.00. To learn more about why, visit: www.silverinstitute.org
Silver Historically
Silver is one of the precious metals most mentioned in the Bible. The Hebrew word, כסף (kĕ•sĕp, pronounced “ke-sef”), is used 287 times, starting in Genesis 13:2 where Abram is described as being “very rich in livestock, in silver and in gold.” It stems from the word for “pale,” referring to its colour. Like gold, silver was a store of value, but less valuable than gold, so it was the currency of everyday commerce.
Mining, Refining, and Shekels
There is no record of silver mines in Syria or Palestine. It was brought in quantity by foreign merchants from abroad, from Spain, India, and Greece. (The ancients travelled more than we give them credit.) It was extracted from its ores by smelting with lead. The lead-silver alloy then was purified by fire, burning off the lead as oxide, and the impurities skimmed off. There are frequent references to the refiner’s fire and the dross of silver (Ezekiel 22:18-22).
A shekel was a measure of weight of about half an ounce or 14 grams. Shekels were made of gold, silver, brass, and iron. In Hebrew use, one gold shekel was worth about eight silver shekels. In biblical times there were only three precious metals: Gold, silver, and brass. Today, however, we include others like platinum, palladium, as well as radioactive metals like uranium and plutonium.
God Supports Silver Prices (Usually)
Despite silver’s fluctuating value (due to government monetary policies, the business cycle and jewelry demand), the divinely-inspired, infallible text implies that God will not allow silver prices to fall through the floor, except for brief periods (as during King Solomon’s reign – 1 Kings 10:21). Many financial advisors believe that gold and silver prices vary inversely with the stock and bond markets.
Some people believe that it’s wise to have silver coins stashed away, in case the economy and monetary system totally collapse. It would be easier to carry on commerce with silver coins than gold coins or bullion. While the economy is thriving, it makes little sense and is seen as unnecessary caution.
- Memorize the text in your favourite Bible translation and think about it often.
- A well-balanced investment portfolio should include some precious metals, even if only 10% of the holdings. Consider using a good mutual fund to achieve this goal.
- Whatever you feed your mind will determine your speech. Read good books and visit beneficial websites. Improved speech will follow.
- If you are worried about a collapse of the financial system, and wish to have a way of bartering or trading, store some silver coins in a secret place as a financial doomsday currency.
Which of these steps, if any, does Jesus want you to take now? Ask Him.
For thousands of years, silver has been universally recognized as a precious metal.
A precious, rare, and incorruptible metal is used to store wealth. It has enduring value. Its price fluctuates, depending on how precious it is, whether it is precious, very rare, or semi-precious. In this text, incorruptible silver is used as an archetype of the worth of good words. There are grades or assays of silver. Someone who speaks truthfully and lovingly is as precious as the highest grade, sterling silver.
We all value the right words at the right time. We also value pure silver—if we can get it. If we observe the history of using silver, we’ll understand why it’s so valuable.
Like all precious metals, silver’s value fluctuates. From 1975 to 2004 its price normally averaged between $US 4.00 to $US 6.00 per oz. Yet it peaked in 1980 at $US 48.00. To learn more about why, visit: www.silverinstitute.org
Silver Historically
Silver is one of the precious metals most mentioned in the Bible. The Hebrew word, כסף (kĕ•sĕp, pronounced “ke-sef”), is used 287 times, starting in Genesis 13:2 where Abram is described as being “very rich in livestock, in silver and in gold.” It stems from the word for “pale,” referring to its colour. Like gold, silver was a store of value, but less valuable than gold, so it was the currency of everyday commerce.
Mining, Refining, and Shekels
There is no record of silver mines in Syria or Palestine. It was brought in quantity by foreign merchants from abroad, from Spain, India, and Greece. (The ancients travelled more than we give them credit.) It was extracted from its ores by smelting with lead. The lead-silver alloy then was purified by fire, burning off the lead as oxide, and the impurities skimmed off. There are frequent references to the refiner’s fire and the dross of silver (Ezekiel 22:18-22).
A shekel was a measure of weight of about half an ounce or 14 grams. Shekels were made of gold, silver, brass, and iron. In Hebrew use, one gold shekel was worth about eight silver shekels. In biblical times there were only three precious metals: Gold, silver, and brass. Today, however, we include others like platinum, palladium, as well as radioactive metals like uranium and plutonium.
God Supports Silver Prices (Usually)
Despite silver’s fluctuating value (due to government monetary policies, the business cycle and jewelry demand), the divinely-inspired, infallible text implies that God will not allow silver prices to fall through the floor, except for brief periods (as during King Solomon’s reign – 1 Kings 10:21). Many financial advisors believe that gold and silver prices vary inversely with the stock and bond markets.
Some people believe that it’s wise to have silver coins stashed away, in case the economy and monetary system totally collapse. It would be easier to carry on commerce with silver coins than gold coins or bullion. While the economy is thriving, it makes little sense and is seen as unnecessary caution.