Verse 3: Your gold and your silver have rusted; and their rust will be a witness against you and will consume your flesh like fire. It is in the last days that you have stored up your treasure!
James continues to denounce the riches of the wealthy. Most translations read that their gold and silver have rusted. However, a number of translations1 have the Greek correctly rendered as corroded. The fact is that silver and gold do not rust. What James is referring to is a known chemical principle:
Corrosion is often used synonymously with rusting; however, rusting is almost exclusively used in the case of iron and its alloys whereas, corrosion can occur in different types of metals.2
The Greek word for rusted is only found 3 times in the New Testament and twice referring to poison: Romans 3:13, the poison of asps; and James 3:8, speaking of the tongue, full of deadly poison. Poison is “a substance that through its chemical action usually kills, injures, or impairs an organism.”3 In our verse it is used to illustrate the gold and silver having been corroded, or better yet, tarnished. The attraction of gold and silver for many is not only its value, but its glittery appearance. And as it ages, the chemicals in the air will cause tarnishing (note example below) and the need to remove the tarnish by polishing. This is James’ way of forcefully expressing the temporal nature of gold and silver.
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Corrosion of money |
“By the sweat of your face You will eat bread, Till you return to the ground, Because from it you were taken; For you are dust, And to dust you shall return.” (Genesis 3:19)
We must remember that just because we are characterized as dust does not mean that man is insignificant. This is proven by God’s redemptive program through the ages, culminating in the sacrificial death and resurrection of Jesus Christ for the sins of the world—providing salvation for “whoever believes in Him shall not perish, but have eternal life” (John 3:16).
The remainder of this verse is James’ indictment of the wealthy who have stored up their riches (treasure) in the last days. The phrase last days as mentioned here denotes “the entire gospel dispensation extending from the first to the second advent of Christ.”5 To be more precise, MacArthur explains:
The fulfillment of the messianic prophecies commenced with the advent of the Messiah. Since He came, it has been the “last days” (cf. 1Corinthians 10:11; James 5:3; 1Peter 1:20; 4:7; 1 John 2:18). In the past God gave revelation through His prophets, but in these times, beginning with the Messiah’s advent, God spoke the message of redemption through the Son.6
The problem with these wealthy individuals is that they have failed to follow Our Lord’s directive:
“Do not store up for yourselves treasures on earth, where moth and rust destroy, and where thieves break in and steal. But store up for yourselves treasures in heaven, where neither moth nor rust destroys, and where thieves do not break in or steal.” (Matthew 6:19–20; cf. Matthew 19:21)
The Greek construction of “in the last days” indicates it is to their disadvantage7 that they have stored up their treasure for this present life instead of storing up for treasure in heaven—their spiritual inheritance “which is imperishable and undefiled and will not fade away, reserved in heaven for you” (1 Peter 1:4).
Therefore, beware that we do not become like the rich man in Our Lord’s parable.
And He told them a parable, saying, “The land of a rich man was very productive. “And he began reasoning to himself, saying, ‘What shall I do, since I have no place to store my crops?’ “Then he said, ‘This is what I will do: I will tear down my barns and build larger ones, and there I will store all my grain and my goods. ‘And I will say to my soul, “Soul, you have many goods laid up for many years to come; take your ease, eat, drink and be merry.”’ “But God said to him, ‘You fool! This very night your soul is required of you; and now who will own what you have prepared?’ “So is the man who stores up treasure for himself, and is not rich toward God.” (Luke 12:16–21)
The philosophy of the world today is “Eat, drink and be merry, for tomorrow we die.”8 This should not be the philosophy of believers today. Paul warns us that those desiring continuously to get rich “fall into temptation and a snare and many foolish and harmful desires which plunge men into ruin and destruction.” (1 Timothy 6:9). It should be noted that the Scripture’s warning it is the love of money and the manic pursuit of wealth that is detrimental to the believer’s spiritual life and witness (1 Timothy 6:10).
Paul’s solution is simple:
But flee from these things, you man of God, and pursue righteousness, godliness, faith, love, perseverance and gentleness. Fight the good fight of faith; take hold of the eternal life to which you were called. (1 Timothy 6:11–12a)
Do we value temporal riches higher than spiritual treasure? Then our spiritual priorities are out of balance with God’s Word.
“For where your treasure is, there your heart will be also...No one can serve two masters; for either he will hate the one and love the other, or he will be devoted to one and despise the other. You cannot serve God and wealth.” (Matthew 6:21, 24)
[1] The English Standard Version, New King James Version and the New American Bible
[2] https://thechemistrynotes.com/rust-vs-corrosion/ [retrieved July 14, 2022]
[3] https://www.merriam-webster.com/dictionary/poison [retrieved July 17, 2022]
[4] Vine, W. E., Unger, M. F., & White, W., Jr. (1996). Vine’s Complete Expository Dictionary of Old and New Testament Words. Nashville, TN: T. Nelson, 2.242.
[5] Ryrie, C. C. (1995). Ryrie Study Bible: New American Standard Bible, 1995 update (Expanded ed.). Chicago: Moody Press, p.1945 note.
[6] MacArthur, J. F., Jr. (2006). The MacArthur Study Bible: New American Standard Bible. (Heb 1:2). Nashville, TN: Thomas Nelson Publishers.
[7] Wallace, D. B. (1996). Greek Grammar Beyond the Basics - Exegetical Syntax of the New Testament. Zondervan Publishing House and Galaxie Software, p. 143.
[8] Luke 12:19; Isaiah 22:13