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In this psalm the principle of the last is yet more emphatically expressed. It opens with the declaration: My soul waiteth only upon God, and then proceeds in three stanzas to set forth this fact.
The first opens with the words we have already quoted, and is an affirmation of confidence made in the presence of enemies. Indeed, it is addressed to them, declaring the relation of defense which God bears to him, and appealing to them against their malicious onslaught. The sense of his enemies is with him as is evidenced in his words:
I shall not be greatly moved.
In the second stanza he addresses, fist, his own soul, and then appeals to the people, most probably those over whom he rules. To himself he repeats what he has said to his enemies about the relation of God to him; and this time, with his eye fixed on God, he reaches a higher level of confidence, and says:
I shall not be moved.
Finally, he puts the false helps on which men depend, in contrast with the only Help of man, who is God Himself. The false helps are "men of low degree," "men of high degree," "oppression," "robbery," "riches," and the weakness and uselessness of all are declared.
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Morgan, G. Campbell. "Commentary on Psalms 62". "Morgan's Exposition on the Bible". https://studylight.org/
the Sixth Week after Easter