Summary: You can "strike it rich" in prayer, praise and prospects! A study of Psalm 16.

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August 10, 2003

Title: The Golden Psalm

Text: Psalm 16:1-11


1. The title of this Psalm is "A Miktam of David"

A. This is the first of 6 (Psalm 56-60 are the others) Psalms that contain "Miktam" in the title.

i. Commentators don’t all agree on the meaning of "Miktam"...

ii. but most of them indicate that it is related to "Gold"

iii. And all 6 of these Psalms are especially beautiful.

B. The price of gold at the close of business on Friday was $356.20/ounce

i. During the last 10 years, Gold had a high $414.80

ii. and a low of $252.80

iii. Silver, on the other hand is about $5.00 per ounce.

iv. Here is an ounce of silver.

v. Of course, an ounce of gold would look about like this...only gold.

C. Because of the beauty of this passage of Scripture, I’ve entitled this study, "The Golden Psalm.


i. And as we "dig into the earth" of Psalm 16,

ii. I’m sure we will find some wonderful "nuggets" for us to enjoy.

iii. And perhaps we will even "strike it rich".

2. Read Text: Psalm 16:1-11


1. Strike It Rich in Prayer Ps 16:1-4

A. David realized the power in prayer

i. Many of his Psalms are actually prayers.

ii. And David was a richer man (not financially...but spiritually)

iii. because of his prayer life.

B. David starts out with a prayer for safety.

i. Throughout the Psalms, you can find David’s prayers for safety.

ii. My family has taken a lesson from David’s book....

iii. We frequently pray for safety.

iv. Before we take a trip in the van, even a short drive into Belleview,

v. we pray for God’s watchful care upon us.

vi. We pray for the safety of our children.

vii. Many times, during the benediction prayer, I will pray for the safety of our church people as they travel.

C. And we are richer from making those prayers!

i. Because God answers those prayers!

ii. He does hear us when we pray!

iii. He does watch over us and keep us safe.

D. Along those lines, David indicates that God is his refuge.

i. We too, can find refuge.

ii. When all around us the battle rages...

iii. there is a place of safety...

iv. there is a place of refuge...

v. and that is in the arms of God

E. In verse 2, David acknowledged to God that He is his Lord and Master.

i. He says "Apart from you I have no good thing"

ii. With is Gold...

iii. but apart from is like so many filthy rags.

F. In verse 3, David thanks God for other followers of God...because they are such a blessing to him.

G. And then, in verse 4, David acknowledges that there are those who turn from God...

i. and chase after other gods...

ii. but that he, David, will do no such thing.

2. Strike It Rich in Praise Ps 16:5-8

A. Then, in verses 5-8, David turns to an attitude of praise.

i. He acknowledges that God is in control

ii. and that God keeps him securely.

iii. In verse 7, he praises the Lord for His good counsel.

iv. He says, "I have set the Lord always before me".

v. That is a good practice for us as well.

B. When our hearts turn to praise...

i. when we keep the worship of the Lord always before us...

ii. in the words of David, we "will not be shaken"

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