Daily Archives: June 25, 2019

June 25 Letting Go of Fear

Scripture Reading: Psalm 55:1–8

Key Verse: Hebrews 13:5

Let your conduct be without covetousness; be content with such things as you have. For He Himself has said, “I will never leave you nor forsake you.”

When those around you are talking about fears and anxieties, how do you react? Do you let their fears influence your thinking, or do you hold tightly to what you believe? The Lord wants you to be sure of what you believe. What you believe—your faith—is based on what your focus is and whether you have a personal relationship with Jesus Christ.

When you’re focusing on a God who is sovereign, you know that nothing in heaven or on earth is beyond His control. And when you’re in a personal, daily relationship with God through acceptance of His Son, Jesus Christ, you have another anchor. That anchor is the unchanging nature of God. He promises that He will never leave you (Hebrews 13:5).

In Psalm 55:4–8, we read David’s firsthand account of feeling overwhelmed. You may feel overwhelmed right now by difficulties surrounding you. Overwhelming emotions are not wrong; clinging to them is.

God wants you to tell Him how you feel and then let go of it. He wants you to know that because He loves you and is in control of your life, you do not have to live under a cloud of overwhelming doom or anxiety.

Will you trust His Word and let go of your fear?

I trust Your Word, Lord. I let go of my fears. Help me to focus on You today instead of my problems.[1]

[1] Stanley, C. F. (2006). Pathways to his presence (p. 184). Nashville, TN: Thomas Nelson Publishers.

June 25 A Surrendered Heart

Scripture Reading: Psalm 77

Key Verse: Psalm 77:6

I call to remembrance my song in the night; I meditate within my heart, and my spirit makes diligent search.

Failure to see God at work in the circumstances that accompany brokenness can result in several self-defeating responses:

  • Many people become bitter. Emotionally they internalize their distress, leading to a critical and complaining spirit. Spiritually they are turned off to God, disinterested in His Word, the church, or His people.
  • Others explode or simmer in anger. They are disturbed that God has allowed such difficulty. They grow hostile to any mention of His name.
  • Some try to escape their situations. They either ignore the problem, hoping it will go away, or turn to escapist elements—drugs, immorality, fanaticism.
  • Still others seek to manipulate their environment, hoping their cleverness can eventually solve the problem.

Unfortunately these avenues don’t embrace the solution God offers—entrusting ourselves and our problems to Him, depending wholly on His help and grace.

Can you identify with any of these reactions to brokenness? If so, ask God to forgive you, and look anew and afresh to Him. A surrendered heart is the beginning of a new outlook based on God’s encouraging perspective.

O God, I want to respond properly to brokenness. Don’t let me be bitter or angry. Don’t let me try to escape or manipulate situations. I surrender my heart and life to You.[1]

[1] Stanley, C. F. (1999). On holy ground (p. 184). Nashville, TN: Thomas Nelson Publishers.

America’s Adversaries Are Buying Gold Like A Nuke Is Going Off Tomorrow | ZeroHedge News

Having tested $1300 numerous times over the past few years, gold has broken dramatically higher in the last month, hitting 6-year highs as President Trump rhetoric around the world raises tensions and increases the odds of WWIII.

The surge in the precious metal has accompanied a collapse in bond yields around the world and a record level of negative-yielding debt…

And while Gold volatility is soaring…

Demand remains abundant, as Goldman details in its latest note, raising its outlook for gold, countries with “geopolitical tensions with the US” are buying everything:

Central bank demand is gaining momentum and we now expect 2019 purchases to reach 750 tonnes vs 650 tonnes last year. Visible gold purchases YTD are running at 211 tonnes until April vs 117 tonnes over the same period last year (see Exhibit 11).

Importantly, China just raised its gold purchasing pace from 10 tonnes per month to 15 tonnes for April and May as it aims to diversify its reserve holdings. 

With the Fed and ECB now both likely easing monetary policy, more CBs may decide to add gold to their portfolios as they did between 2008 and 2012 (see Exhibit 12).

Also, just recently, trade tensions between India and the US have begun to escalate as India retaliated with tariffs on US goods in response to US steel tariffs. Rising tensions with the US often create upside potential to a country’s gold purchases

Additionally, in case you thought the move was exhausted, Goldman notes that there is about to a pick up in demand as Russia purchases tend to be strongest in Q3…

And finally, Goldman notes that good economic news and bad economic news could both be positive for the precious metal at this point in the cycle.

If DM growth fails to pick up in the second half, gold has substantial upside potential

If DM growth continues to underperform, there is room for a much more substantial build in ETF positions. Last time we were in a similar environment was in 2016. DM growth back then was as weak as it is now and both the Fed and the ECB turned more dovish.

But back then the push into ETFs was significantly higher than it is currently… we think that current low growth makes owning gold appealing from a diversification perspective.

And Goldman notes that an improvement in global economic growth is not necessarily bearish for gold.

Our economists expect the bulk of the acceleration in GDP growth to come from ex-US and EM countries in particular. This should support gold through the “wealth” channel. Importantly, a reduced US growth outperformance points to a weakening of the dollar, which should boost the dollar purchasing power of the world ex-US (see Exhibit 7). In addition to this, gold is starting to build momentum in the local currencies of its two biggest consumers, India and China.

And the momentum gold prices built in the first half of 2019 can lead to an increase in EM retail gold demand in the second half.

Goldman concludes, we believe that gold continues to offer significant diversification value with substantial upside if DM growth continues to underperform… or, as we noted above, global tensions continue to rise.

As we noted previously, combined Russia and China Treasury holdings are at their lowest since June 2010 as China and Russia’s gold holdings have soared…


Source: America’s Adversaries Are Buying Gold Like A Nuke Is Going Off Tomorrow

The Gospel Coalition Still Promoting Revoice “Gay Christian” Resources — Reformation Charlotte

After much criticism from conservative Christians, a large part of the Evangelical Church has distanced itself from ministries that promote the idea of “gay Christianity,” even if they promote “celibacy.” The most notable of these gay movements in the Church is Revoice — a ministry that is designed to normalize homosexual and other aberrant sexual orientations as outside the scope of sanctification and likely to never change, even upon repentance and faith.

Even moderate leaders, such as Al Mohler, have denounced the Revoice movement, albeit after the damage has been done, and many others have followed suit, though still clinging to slightly less atrocious but just as erroneous ministries such as Living Out.

However, one progressive Christian outlet, The Gospel Coalition, is still promoting Living Out’s materials, despite the fact that many of its contributors have openly denounced it. In an article written by Ed Shaw — a gay contributor for Living Out and many of whose articles have been removed from Living Out’s website — wrote a glowing piece titled Figuring Out Faithfulness with Same-Sex Attraction promoting Revoice founder, Nate Collins’ book All But Invisible: Exploring Identity Questions at the Intersection of Faith, Gender and Sexuality.

Read more: The Gospel Coalition Still Promoting Revoice “Gay Christian” Resources — Reformation Charlotte

June 25 Consider the Consequences

Scripture reading: 2 Samuel 12:10–18

Key verse: Numbers 32:23

But if you do not do so, then take note, you have sinned against the Lord; and be sure your sin will find you out.

The fundamental law of physics is this: for every action, there is an opposite and equal reaction. Just as universally applicable is this unchanging spiritual principle: for every sin, there are corresponding, continuing consequences. In other words, we reap what we sow.

Sin’s most blinding deception is that we can avoid any ramifications. We think we can get away with immorality, indiscretion, or indecency without paying the consequences. Because our loving God understands the inevitable results of sin, He persistently seeks our holiness. Sin has a price. If you are thinking of violating the law of God, think of these sobering truths:

Grace does not cancel sin’s consequences. God will forgive us when we sin. He will still love us and use us, but the damage will not always be erased. A one-night stand can yield a lifetime of regret; a moment of anger can wreak havoc for years. Sin’s consequences affect others as well. Even the next generation can be adversely impacted by our unwise choices.

If you are tempted to disobey, consider the consequences. If you have sinned and you are suffering the aftereffects, turn to God with a repentant heart. He will restore you.

Dear Lord, keep me from sin and its consequences. Help me understand the ramifications of disobedience.[1]

[1] Stanley, C. F. (2000). Into His presence (p. 184). Nashville, TN: Thomas Nelson Publishers.