Preserve me, O God, for in you I take refuge.  I say to the LORD, “You are my Lord; I have no good apart from you.”  As for the saints in the land, they are the excellent ones, in whom is all my delight.  The sorrows of those who run after another god shall multiply; their drink offerings of blood I will not pour out or take their names on my lips.  The LORD is my chosen portion and my cup; you hold my lot.  The lines have fallen for me in pleasant places; indeed, I have a beautiful inheritance.  I bless the LORD who gives me counsel; in the night also my heart instructs me.  I have set the LORD always before me; because he is at my right hand, I shall not be shaken.  Therefore my heart is glad, and my whole being rejoices; my flesh also dwells secure.  For you will not abandon my soul to Sheol, or let your holy one see corruption.  You make known to me the path of life; in your presence there is fullness of joy; at your right hand are pleasures forevermore. (Psalm 16 ESV)
Before we look at the recollection of the Psalmist as to the present faithfulness of God in his life, we must look at the first verse, which is a prayer for preservation based on a trust in the location of refuge in God.
When God is called a “refuge”, it primarily refers to his strength, might and power. This is a familiar metaphor in the Psalms, and it conjures up images of safety and confidence in God. The statements of confidence in this Psalm are based in the character of God. What are you trusting in? Are you trusting in some earthly might to protect you?
Some trust in chariots and some in horses, but we trust in the name of the Lord our God. Psalm 20:7
Hope in the Psalms
The hope for the believer is that the character of God is impeccable. He is always sovereign, omnipotent, merciful and good. Our trust isn’t in an earthly kingdom, but in the kingdom of Christ as he reigns over our hearts and lives even now and soon will reign over all the earth in glory.