By numerous estimates, the wealth of King Solomon exceeded $2 trillion. His estimated gold reserve was almost 1,000 tonnes. For perspective, only seven countries today have gold reserves above 1,000 tonnes.
- United States 8,133.5 [highly questionable]
- Germany 3,366.8
- Italy 2,451.8.
- France 2,436.1
- Russia 2,219.2
- China 1,936.5 [highly underestimated]
- Switzerland 1,040.0
South Africa, once the largest gold mining nation on the planet, has 125 tonnes of gold in reserves. Risking asking the idiotically obvious, why was King Solomon wealthy? Was it because of all the promissory tablets that he kept in his safe? Was it perhaps all the ancient IOUs that he had collected from surrounding nations? Even if we answer perhaps and consider all the surrounding nations gifting him yearly as some form of a promissory note, there is an important qualifier. King Solomon took delivery of his silver and gold. Why? Because if you don’t hold it, you don’t own it! He was wealthy not on paper, not in currency, not in derivatives and policies, but in all things money. An important lesson from the time before the Roman Empire existed. Lessons about real money are common throughout history for anyone willing to look a little closer.
If you do not own any gold in your personal reserves, you are in the same boat as Canada (officially). Own a single 1 gram gold bar, and your gold reserves surpass that of Canada!
Article courtesy of Silver-Sphere
