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Hyperinflation Survival Guide

And the LORD hath blessed my master greatly; and he is become great: and he hath given him flocks, and herds, and silver, and gold, and menservants, and maidservants, and camels, and asses. Genesis 24:35 (Emphasis mine)

The LORD blessed Abraham with silver and gold (and everything else he needed) because Abraham put the LORD first in tithes and offerings (read Genesis, chapter 14 and Hebrews, chapter 7 for details). Our Lord Jesus instructs us to lay up treasure in heaven, not on earth.

If we put the LORD first in tithes and offerings to support a Bible-believing Church, Christian Missionaries and give extra to the poor, then we are laying up treasure in heaven. And God promises to meet our needs here on earth.

Silver and gold are not evil. But the love of money is evil. Our Lord Jesus taught us to be faithful even in the "unrighteous mammon". To be faithful in money, we need to understand paper money. We also need to understand inflation and its relationship to silver and gold.

PAPER MONEY

Throughout history, men have traded things that they valued. It could be cattle (good for dairy and meat) or horses (good for transportation and war) or silver and gold (good for jewelry and temple artwork, whether Hebrew or pagan).

Paper money was a more recent development. Paper money was originally an I.O.U. for something of value (such as silver or gold). Paper money could be traded for silver or gold upon demand. Paper money was easier to carry and store than large amounts of silver and gold coins (or bars).

But when banks and governments issued paper money, they soon realized that not everyone demanded silver and gold coins for paper money. So some banks and governments began to print more paper money than they could actually back by silver and gold coins.

Why print more? Then the banks and governments could spend more. Whenever a few souls grew suspicious of the bank or government, they demanded silver and/or gold coins in exchange for the paper money.

As long as only a few demanded hard money for paper money, the bank or government that issued the paper money could pay the silver and gold coins upon demand. Several times in modern history, some banks and governments have decided to print paper money backed by nothing else than the "good faith and credit" of the bank or government. This has always led to disaster.

INFLATION

Inflation is an increase in the money supply. It is caused primarily by the printing of unbacked paper money. Fiat money (money created out of nothing) is a
fraud. It has always led to inflation in the past and always will in the future.

Inflation is also caused by debt and the extension of credit based on fractional reserve banking. Banks lend more than they have, creating more money out of nothing. Borrowers spend the money the bank created, pumping even more money into the economy.

Inflation causes an increase in both prices and wages. It also causes a decrease in the value of each dollar. More dollars chasing basically the same amount of goods and services allows vendors to charge more dollars and workers to demand more dollars. But as prices rise, each dollar buys less and less.

People on fixed incomes, such as the
elderly and the disabled, are the hardest hit by inflation.

HYPERINFLATION

As the Federal Reserve continues to create money out of thin air at record rates, inflation will soon become hyperinflation. What are the results of hyperinflation
?  Your savings and investments, in terms of paper dollars, will be wiped out!!  So will your ability to buy even the most basic necessities with paper money.

It happened in Germany after World War I and in China after World War II. More recently, it happened in Argentina, Brazil, Russia and Zimbabwe. It can, and will, happen in America.

Silver and gold have value in areas such as jewelry, electronics and dentistry. Paper money has no intrinsic value, unless backed by something of value, such as gold or silver. The U.S. Dollar is no longer backed by gold. It has not been on the gold standard for decades.

As the purchase value of paper money goes down, the dollar price of gold and silver goes up. Those who understand this buy gold and silver. Buy Gold American Eagles .  They are legal tender U.S. gold bullion coins.

Can't AFFORD GOLD?

Can't afford gold
?  Buy silver.  American Silver Eagles and pre-1964 90% Silver Coin Bags are a good place to start. Both are legal tender in the USA.

They will be good barter items when the paper dollar loses all remaining value. You can start small by buying a roll of 100 pre-1964 dimes and/or 20 pre-1964 half dollars.  After 1963, only Kennedy half dollars contained 90% silver, and only those Kennedy halves minted in 1964. The Kennedy Half Dollar 1964 BU (Bright Uncirculated) is also a good way to buy silver.

Silver coins cost more than their face value, due to the value of their silver content. This shows what an increase in the money supply has done since 1963. A pre-1964 half dollar silver coin is selling at over $15 at the time of this writing. That is an increase of over 30 times its original value.

Prior to 1933, you could exchange a $20 bill for a $20 gold coin containing roughly one ounce of gold. Today, an ounce of gold is selling at well over a $1,000 an ounce. This is an increase of over 50 times its original value. This shows what an increase in the money supply has done since 1932.

And it will only get worse as the Federal Government continues to ring up record high, multi-trillion dollar deficits and the Federal Reserve continues to print paper money to pay the bill.

HYPERINFLATION SURVIVAL GUIDE

To be a faithful steward of the money God has given you, you need to protect that money from the effects of HYPERINFLATION.
You should trade paper money for gold and silver on a regular basis. This is our hyperinflation survival guide in a nutshell.  See also our Suggested Links for Further Preparation (below).

Keep only enough paper dollars in the bank as you need to pay your bills.  Any extra paper dollars should go into silver (and gold, if you can afford it).  Later, if you need paper money, you can always sell some silver and gold for cash.

You can buy gold and/or silver coins and bars at your local coin shop or online at one of the links below.  Don't want to store gold or silver at home
? Or you want to own larger supplies in a vault? We suggest GoldMoney at the link below.

You can open a
FREE account with GoldMoney. You can buy in any amounts, as often as you wish. Your bullion is stored in vaults in London, Zurich and Hong Kong. Its value is always available to you through wire transfer of funds to your bank.

As inflation worsens, the dollar value of your gold and/or silver will rise, offsetting the small fees for storage and administration. (
Hint: It costs less to store gold than to store silver, since for the same dollar investment, gold takes up much less space than silver.) For more information on GoldMoney, click the link below:

GoldMoney. The best way to buy gold & silver

 
For gold and silver shipped to you, fully insured, (rather than stored in a vault), we suggest the links below:

 

 

Buy Gold and Silver Online 24/7 at GoldenEagleCoin
 

Gold American Eagles 

 American Silver Eagles

Kennedy Half Dollar 1964 BU
90% Silver Coin Bags

.999 Silver Bars


Suggested Links for Further Preparation:

 

Nitro-Pak

Some Lessons from the Swiss

Strategic Relocation  

The Secure Home

Other Links of Interest:

Bible Nutrition

Krause Books (Coins and Paper Money)  

George Theiss wrote this Hyperinflation Survival Guide from a Biblical perspective. He has training and experience in both the world of finance and in the realm of theology.

He earned his Qualified Pension Administrator (QPA) designation from the American Society of Pension Actuaries in 1989, his Chartered Life Underwriter (CLU) designation from the American College in 1991 and his Master in Theology Diploma from Landmark Baptist Theological Seminary in 2004. 

George Theiss is a combat veteran of Vietnam who now follows the Lamb of God. He and his wife Christy have been married 34 years. They have 8 children.  

 

Do you love the King James Bible?  Then you will love Scripture Songs sung from the KJV by Patti Vaillant.

 

Scripture Songs I - KJV Bible Songs  

Scripture Songs II - King James Bible Music

Scripture Songs III - God's Word in song

Scripture Songs IV: Easily Memorize Powerful Bible Passages

Scripture Songs V - The Servent of Servents  

 

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Tulip Gems is a Calvinistic Baptist web site that honors Jesus Christ and provides a free Hyperinflation Survival Guide.  We offer free Bible Articles on several subjects, including Bible Nutrition , Creation Science versus Evolution Passover , The Great Commission and Tulip Calvinism

Which Bible can we trust? Which Bible is the most accurate? Why KJV only? Read our Which Bible series of articles for answers from both Scripture and history (including a Rebuttal of James White's book, The King James Only Controversy).

We also offer a well-documented Vietnam Veteran Story that illustrates the mercy of God.  The Vietnam Veteran Story, found on our Combat Vet page, comes from published accounts of Vietnam Veterans experiences, as well as this Vietnam Veterans experiences, told first hand.  

Concerned about inflation leading to hyperinflation? Some say buy silver and gold coins. Others say it is evil to own silver and gold coins. What does the Bible teach us? Tulip Gems offers an Hyperinflation Survival Guide which provides a Biblical basis for ownership of silver and gold coins as an hedge against the horrors of hyperinflation.  Links to online vendors are also provided. 

Will out of control government spending lead to hyperinflation, and possibly to a new world currency? Will a new world currency lead to the Mark of the Beast (666)? Will the Rapture occur before the Tribulation (Pre-Tribulational Rapture) or will the Rapture occur after the Tribulation (Post-Tribulational Rapture)? For Biblical answers, visit our
Mark of the Beast Explained page.

Will America come under nuclear attack? What does the Bible say? For reliable information on what to do in a nuclear attack, read our
Survive Nuclear Attack page. While many Calvinists shy away from Bible prophecy, we don't. For those who want Biblical guidance about the future, check out our Hyperinflation Survival Guide, Mark of the Beast Explained and Survive Nuclear Attack pages. Our Lord Jesus Christ spoke often about the events leading up to His Second Coming. Where our Good Shepherd leads, we may safely follow.

Who is Jesus Christ? Why KJV only? Why Home School your children? Jesus Christ is Lord and the KJV Bible is the Preserved Word of God in English.  Finally, Scripture gives us compelling reasons to Home School our children. One very important reason is to lead them to Our Passover Lamb. We recommend Christ-centered Home Schooling Curriculum.

George Theiss is a combat veteran of Vietnam who now follows Lamb of God.  He and his wife Christy have been married 34 years. They have 8 children.

 

Copyright 2002 through 2010 by George R. Theiss 

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