Learning Hub

Money ( Gold & Silver) serves the same purposes of  currency in that, it is a medium of exchange, portable, divisible, a unit of account, durable, interchangeable and maintain purchasing power over very long time. Gold & silver has been used as money and as a means of storing value for over 5000 years.

 “Gold is money, everything else is credit” – JP Morgan 1912

“If you don’t own Gold, you know neither history nor economics.” - Ray Dalio

As the saying goes those that understand money own Gold.

What exactly is inflation?

To make it easy to understand, we will use Milton Firedman’s definition.

“Inflation is expansion of currency supply which  leads to higher prices.”  simply put “ it is a tax without legislation” Milton Friedman

“ In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value” – Alan Greenspan

What is Deflation?

It is a contraction of currency supply which leads to lower prices. The price for good and services up because  the local currency is going down.

Tell me about Hyperinflation?

“And I heard what sounded like a voice from among the four living creatures, saying,  A loaf of wheat bread or three loaves of barley will cost a day’s pay.” Revelation 6:6

Given the money printing or currency devaluations or “currency wars” by central banks; it is now a matter of when,  hyper inflation will shock most. Since 1671 the world is full many examples of currency debasements and its horrific consequences. The money printing party has never ended well in history of the world. Therefore, It stands to reason that the current monetary printing party will end in tears!

Walk me down the memory lane?

Historically, on a 38 year cycle or so all paper money systems designed to replace Gold as money lose value so fast and die away. This is an ancient cycle before modern day civilization.

In economics, Gresham’s law is a monetary principle stating that “bad money drives out good”. For example, if there are two forms of commodity money in circulation, which are accepted by law as having similar face value, the more valuable commodity will disappear from circulation”

In history of the world, is there a paper currency that has survived?

Let me see,

The Short answer is No.  Long answer is No.

All paper currency are based on confidence and faith; eventually they returns to their true value which is zero. “What has been will be again, what has been done will be done again; there is nothing new under the sun” Ecclesiastes 1:9

What are the International Monetary systems of the past two centuries?

In 1803 – 1873 it was the Bimetallism, Leaders were France and UK. Gold and Silver as Reserve assets.

1873 Gold Standard led by UK with Gold and pound as reserve assets.

1914 – 1924 Anchored dollar standard, leaders were US, UK and France with Gold and US dollar while the reserve assets were Gold and USD.

1924 – 1933 Gold standard, reserve assets were Gold, USD and pound led by US, UK and France.

1933 – 1971 Anchored dollar standard, reserve assets were Gold and dollar. Leaders were US and G10.

1971 – 1973 dollar standard, reserve assets was USD led by US.

1973-1985 flexible exchange rates, reserve assets were USD, mark and pound. Leaders being US, Germany and Japan.

1985 – 1999 Managed exchange rates, reserve assets were USD, Yen and mark. Leader were US, G7 and IMF.

1999 – today USD, Euro system, reserve assets are USD , Yen, and Euro. Leaders are US, Eurozone, IMF.

So what do you think is coming next?

The world is going to have a new monetary system.

Frequently Asked Questions

HOW DO I BUY?

Generate a  Sales request

Once you have browsed our list of bars and coins,  are interested in any of our products. Use our ‘Get in Touch’ form to can generate a sales request by providing relevant information about yourself, quantities of products you would like to purchase. Please express your order requirement in full so that we can serve you better.

For an example 25 x Silver Krugerrand coins, etc. We will then send you  pro-forma invoice by email after agreeing with your order

Place an Order

You can only place an order, once the sales request have been submitted and we have received written acceptance of our terms of business by yourself that you would like to place an order indicating the product, quantities and pricing based on the proforma invoice provided by  First Avenue Bullion.

We will confirm placement of your order and provide you with our banking details for payment. All prices are quoted based on the morning price-fix and afternoon price fix. The quoted prices will now remain locked in and be free from any further change for an initial period of 6 hours.

Free shipping is provided on qualifying products. Look out for free shipping signs and save on your next order.

Payment

You are then required to make payment for your purchase.  Payment can be done through either making an Electronic Funds Transfer (EFT) or through making a cash deposit at the nearest FNB branch. Please use the Order number or name and Surname as your deposit reference number and forward confirmation of payment to customersuccess@fabullion.com. Your funds in full must reflect in our  bank account before your purchase is confirmed through an email from us. All orders will only be shipped upon confirmation of purchase once your funds in full have reached our bank account. It is important to take note that should we not receive proof of payment within 6 hours from the time the order was placed; the order will automatically be canceled. In the event that the payment does not reflect in our bank account within 48 hours from the time the order was placed and receipt of confirmation of payment, the order will be automatically canceled.

Taking Delivery

When Your funds in full must reflect in our  bank account, your purchase is confirmed through an email from us. Your order will then be ready for shipping or collection. For all shipments necessary documentation will be provided for tracking purposes. Please see to it that You or authorized person  is available to receive delivery of your parcel. Should a re-delivery have to be made it will be at your cost. Keep in mind that once signed for the delivery insurance is terminated and you become responsible for your investment. Please  Get in touch with us for Help!

How do I know the Gold is real?  The most widely used method to test authenticity is the ringer Fisch Coin Tester for Krugerrands and other gold coins. Test and try it yourself. All our products are only sourced from reputable manufacturers.

Tax implications

In South Africa produced Krugerrand enjoy legal tender status  and not subject to South African Value Added Tax (VAT).  All other products are subject to Value Added Tax. All orders are shipped with a VAT invoice.

Our Buy Back Policy and Approach

Our  bullion buyback policy is aimed to make selling your  bullion back to us as hassle and stress-free as possible in just five easy steps.

So here is How to know and understand the  1, 2, 3,4, 5 of bullion buy back with us.

Buying back bullion coins and bars is conditional on the level of stock,  we have on-hand of that particular type of product. However, if buy-back is considered, we will make an offer to the ‘seller’.

The transaction is structured around five very simple steps.

1. Send us an email outlining the (1) quantity, (b) type, and (3) the quality of bullion you wish to sell back to us. We require Original invoice(s) that we issued containing the product that you wish to sell back.

2. Once we agree to proceed with the transaction, we will forward an offer to purchase to you to complete. The offer to purchase will include the price offered on the item(s). This price offer is valid only for the day in which it is issued, and it is based on a combination of the live  Gold, Silver or Platinum spot price, and the Rand/US Dollar exchange rate or  Kwacha/US Dollar exchange. may be marginally lower.

3. Should you accept the buy-back offer, we will require that you forward to us a final invoice containing your details (Name, Surname, Address, Phone number) and a copy of your Identification. Please be sure to include our full company details that you will find on the original purchase invoice.

Should you not supply us with the above, our offer will automatically decrease by VAT  amount since we are vendors and we would be unable to claim the notional VAT amount.

4. We will send our courier to collect the parcel, the cost of which will be for your account (it will be deducted from the principal amount in our buy-back offer). Please ensure that the bullion is packed carefully and securely so that it does not get damaged during the transportation. Damaged bullion will not be accepted and it will be sent back.

5. Once the bullion is delivered to us, and it is thoroughly inspected to verify that the Gold, Silver and or Platinum is in the same condition as when it was purchased. We will send confirmation of success by email.  we will make payment within 72 hours via EFT directly into your account to finalize the transaction. It is important to recognize that we will not buy back damaged bullion. Please take a minute to read a few basic recommendations on how to take care of your bullion products to ensure the best possible price on sell-back.

Take Care of your metals

I. Although bullion products derive their value almost exclusively from the weight of its content, many investors and stackers avoid purchasing bullion products that are damaged. By damaged, I don’t mean merely scratches and dents, but also chemical marks and fingerprints. Therefore, to avoid losing money when selling silver back to us, it is important to consider a few points when it comes to handling and storing your bullion coins for optimum sell-back value.

II. Firstly, unless the  coin, round, or bar comes in a protective capsule or sleeve, always handle it with 100% cotton gloves. Finger prints on coins, as a result of the natural oils on the skin, can become rather unsightly, often turning yellow over time. These marks are difficult to remove without damaging the metal and it will affect re-sale value, even if only minimally.

III. Secondly, if you decide to handle your metal, please do so above a table with a towel or cloth underneath it in case you happen to drop the coin for instance. Coins that have dings on the rim as a result of a drop are usually lose much of its value above the spot price.

IV. Thirdly, store your coins in a dry place with no moisture.

All content on this First Avenue Bullion page is  provided for information purpose only. It is not intended as any form of advice, whether legal, accounting, investment, financial, economic or tax. Therefore it cannot be relied upon as such in any way form or shape. To buy or sell any financial instrument including but not limited to stocks, commodities, options, bonds, futures, or bullion. Should you require advice contact a licensed professional. Please note the content on this page is provided without any warranty, express or implied; Your use of this information provide on this page is entirely at your sole responsibility and own risk. In no event will First Avenue Bullion be held liable for any direct, indirect, special, or incidental.

How do I obtain Salvation?

You might ask; So what is salvation anyway?  Well, let’s first take a look at the definition.

Salvation is defined as; preservation or deliverance from destruction, difficulty, or evil.

• A source, means, or cause of such preservation or deliverance.

•  Deliverance from the power or penalty of sin; redemption.

•  The agent or means that brings deliverance.

So in simple words; salvation is deliverance from eternity without God. It is a matter of the heart!    Well, how does one obtain salvation?

One night, a man named Nicodemus asked Jesus that very same question. Let’s look at what Jesus’ response was; Jesus replied, “I tell you the truth, unless you are born again, you cannot see the Kingdom of God.”

“What do you mean?” exclaimed Nicodemus. “How can an old man go back into his mother’s womb and be born again?”

Jesus replied, “I assure you, no one can enter the Kingdom of God without being born of water and the Spirit.  Humans can reproduce only human life, but the Holy Spirit gives birth to spiritual life. So don’t be surprised when I say, ‘You must be born again.’ The wind blows wherever it wants. Just as you can hear the wind but can’t tell where it comes from or where it is going, so you can’t explain how people are born of the Spirit…”

“For God loved the world so much that he gave his one and only Son, so that everyone who believes in him will not perish but have eternal life. God sent his Son into the world not to judge the world, but to save the world through him.”

“There is no judgment against anyone who believes in him (Jesus). But anyone who does not believe in him has already been judged for not believing in God’s one and only Son.  And the judgment is based on this fact: God’s light came into the world, but people loved the darkness more than the light, for their actions were evil.  All who do evil hate the light and refuse to go near it for fear their sins will be exposed. But those who do what is right come to the light so others can see that they are doing what God wants.” -John 3:3-18

In today’s society, it is taught that there are “many ways” to God. However,  Jesus clearly stated;

“I am the Way, the Truth, and the Life. No one can come to the Father (God), except through me.”       -John 14:6

I’ve even heard people say; “I’m a good person. I don’t mistreat anyone and I try to do the right thing. That should qualify me to get to heaven.” Well, the scripture states;

“There is none righteous, no, not one; There is none who understands; There is none who seeks after God. They have all turned, they have together become unprofitable;There is no one who does good, no, not one…. For everyone has sinned; we all fall short of God’s glorious standard.”   -Romans 3:10-12, 23

So now we know that there are not many ways to God and that good deeds, as some people like to call it, is NOT enough to get you into heaven. However, it is a fact that Jesus Christ died for your sins. He took your place on that cross, and bore all of your sins, sickness and curses. He is the ONLY way to God and ONLY ticket to heaven. God loved you so much, that he gave up His only child as the perfect sacrifice so that you can be reconciled back to Him. Understand this; sin separates us from God because God is holy and perfect. There is no sin or darkness in Him, therefore sin has no place in heaven. But when Jesus died, His blood was shed so that we can be forgiven and delivered. I want you to know that there is no sin too great that Jesus’ blood cannot wash away. And through your belief in Christ, and the cleansing of your sins, you will obtain salvation from hell, and promised eternal life in heaven.

So What Must You Do To Obtain Salvation?

Well, like Jesus told Nicodemus; you must be Born-Again.

Simply bow your head wherever you are. It doesn't have to be in a church or anywhere fancy. The only thing that matters is that your mind is clear and your heart is open.

There is no "formal" prayer to ask Jesus into your heart, but here are some steps that you (or anyone) can follow;

1. Confess that you are a sinner

2. Ask Jesus to forgive you for the sins you've committed.

3. Forgive those who have hurt you (This is important. You must forgive in order to be forgiven)

4. Confess that you believe that Jesus died for you, and that He is the Son of God.

5. Ask Jesus to come into your heart and surrender your life to Him.

6. Always seal your prayer with; “In Jesus Christ’s name, I pray, Amen.”

CONGRATULATIONS

Your Name is Now Written in The Book of Life!

So What’s Next?

Get a bible. It’s important to begin reading God’s Word. It’s food for your soul and spirit. Start with the Gospel of John. It will tell you a beautiful story of Christ’s life here on earth and what He did for you. If you don’t have a bible, contact us; we will be glad to send one to you free!

Secondly, it’s important to involve yourself with other Christians. This is all new, so you will need all the help and spiritual support you can get. Faithful Walk Healing Ministries is a interstate ministry and we are here for you! We have bible study, mentoring, teaching, fellowship and prayer requests. It is our goal to nurture and disciple anyone who is in need of God’s eternal love. But it doesn’t have to be us. Anyone who is a True member of the body of Christ will qualify to help in your journey.

Third, you must get baptized. Jesus said unless you are born of water and spirit, you will not see the Kingdom of God. Even Christ, before He started His ministry went to John to be baptized. Water baptism represents death to sin; death to your old life, and bringing forth the new in righteousness.

2 Corinthians 5:17 states, “Therefore if any man be in Christ, he is a new creature: old things are passed away; behold, all things have become new.”

Remember; Christianity is a lifestyle. God doesn’t expect you to become perfect overnight. However, know that He does require holiness. The word “repent” means to turn away and not look back. You can’t just be sorry for your sins, you must turn away from them. This is a new beginning for you, so don’t allow your past to hold you hostage.

Shalom