The Cracked Acorn: Pure Gold

Gold sells for an oz. at $1,836…one ingot (2.2 lbs.) for $62, 383.

Once gold went for $30 an oz if you bought twelve ingots now worth $748,596 and more. Why is this? Predictions are that within 20 years all the available gold will be mined. There will be no more huge deposits to be exploited at this moment.

For thousands of years, gold has had particular magic of its own, being the most sought after of earth’s metals. It commands respect, can be made into coins or easily put into attractive adornments. People have gone to extremes to locate it to fuel wars while leveling mountains and forests. India has a huge gold market buying ¼ of all that is mined. Brides need gold jewelry to bring to their marriages. In Chennai, the low caste of the population sweeps the streets behind jewelry factories trying to recover maybe a gram to help feed their families. On some Indonesian islands, farmers have abandoned sown crops to work in the mercury laden pits to make 5 dollars a day. This is an instant leap from poverty in these areas. All gold finds a market, legal and otherwise; after India, China is the 2nd largest buyer of gold articles.

“It is just a shiny, yellow substance we dig out of the ground, but we have such a deep-seated romantic relationship with gold that most of us believe it could never be a realistic investment option for us mere mortals. But with fears over the security of everything from cash to commodities and housing, could gold really give you the security you want? Or is this mystical metal subject to the global economic downturn? As with any other investment, gold can go down as well as up in value; at $1,030.80 an ounce in March, it is now trading close to the $1800 mark.

However, while even the biggest banks can go bust, not even ambitious City traders can destroy gold. Gold will always be worth something.” (comments from Wall Street) “Ophir was the famous gold-producing region prominent in the Old Testament. It is believed to have been located in southwest Arabia in what is now known as Yemen. It may have included a part of the adjacent African seaboard. Yemen was famous for its gold mines, which are known to have still existed in the ninth century B.C.

Ophir was visited by the trading fleet of Solomon and the Phoenicians. Solomon’s navy was fitted out at Ezion-Geber, then traveled to Ophir, taking “four hundred and twenty talents of gold from there” <1 Kings 9:26-28; 22:48; 2 Chr. 8:17-18; 9:10>. At the northern end of the Gulf of Aqabah, Ezion-Geber (modern Tell el Keleifeh) was excavated by Nelson Glueck. Solomon used the copper of the Arabah, smelted at Ezion-Geber, as a stock-in-trade. His Tarshish or “refinery” fleet sailed down the Red Sea and spent part of three years to make the trip, explainable by long hauls in excessively hot weather. In exchange for copper, Solomon’s refinery fleet brought back not only the fine gold of Ophir <1 Kings 10:22>. Gold of Ophir garnished Solomon’s armor, throne, Temple, and the house of the forest of Lebanon <10:14-19>.” (Unger‘s Dictionary)

… And the main street was pure transparent gold, like glass. (read Revelation.21:19—)