30 Great Quotes about Gold.

golden_grgolden_gr Posts: 664 Bronze ✭✭✭



Ok guys, here we are:

1) "The precious metals are the only monetary assets external to our collapsing credit system. Buy gold and silver for safety reasons."
-Steve Puetz


2) "Place 5 percent to 10 percent of your total assets in gold bullion and selected gold and silver coins. No one knows with certainty whether the coming depression will be inflationary or deflationary."
-James Dale Davidson


3) "I see a great future for gold and silver coins as the currency people may increasingly turn to when paper currencies begin to disintegrate."
-Murray M. Rothbard


4) "The tongue hath no force when gold speaketh."
-Guazzo


5) "Buy gold and sit on it. That is the key to success."
-Dr. Franz Pick


6) "At a minimum, gold will rise to $3,000. A more likely scenario, however, is that the world's financial system will break down completely. (The basis of that system is the U.S. dollar.) In that case, gold will rise as high as $10,000 to $40,000 - a point at which all credit - paper will be backed by gold."
-Steve Puetz


7) "Like Liberty, gold never stays where it is undervalued."
-J.S. Morrill


8) "The modern mind dislikes gold because it blurts out unpleasant truths."
-Joseph Schumpeter


9) "Gold opens all locks, no lock will hold against the power of gold."
-George Herbert


10) "Gold is proved by touch."
-French Proverb-


11) "To prefer paper to gold is to prefer high risk to lower risk, instability to stability, inflation to steady long term values, a system of very low grade performance to a system of higher, though not perfect, performance."
- William Rees-Mogg


12) "There are about three hundred economists in the world who are against gold, and they think that gold is a barbarous relic - and they might be right. Unfortunately, there are three billion inhabitants of the world who believe in gold."
-Janos Fekete


13) "You have to choose [as a voter] between trusting to the natural stability of gold and the natural stability and intelligence of the members of the government. And with due respect to these gentlemen, I advise you, as long as the capitalist system lasts, to vote for gold."
-George Bernard Shaw


14) "Although gold and silver are not by nature money, money is by nature gold and silver."
-Karl Marx


15) "For more than two thousand years gold’s natural qualities made it man’s universal medium of exchange. In contrast to political money, gold is honest money that survived the ages and will live on long after the political fiats of today have gone the way of all paper."
- Hans F. Sennholz


16) "An ounce of gold is an ounce of gold, whether it consists of guineas, sovereigns or eagles."
-Hans F. Sennholz


17) "With the exception only of the period of the gold standard, practically all governments of history have used their exclusive power to issue money to defraud and plunder the people."
- F.A. Hayek


18) "If you don’t trust gold, do you trust the logic of taking a beautiful pine tree, worth about $4,000 – $5,000, cutting it up, turning it into pulp and then paper, putting some ink on it and then calling it one billion dollars?"
- Kenneth J. Gerbino


19) "Gold is forever. It is beautiful, useful, and never wears out. Small wonder that gold has been prized over all else, in all ages, as a store of value that will survive the travails of life and the ravages of time."
- James Blakeley


20) "The gold standard sooner or later will return with the force and inevitability of natural law, for it is the money of freedom and honesty."
- Hans Sennhol


21) "From a strictly economic point of view, buying gold in a major inflation and holding it probably presents the least risk of capital loss of any investment or speculation."
- Hans Sennholz


22) "Gold will be around, gold will be money when the dollar and the euro and the yuan and the ringgit are mere memories."
- Richard Russell


23) "The desire for gold is the most universal and deeply rooted commercial instinct of the human race."
- Gerald M. Loeb


24) "Even during the period when Rome lost much of her ancient prestige, an Indian traveler observed that trade all over the world was operated with the aid of Roman gold coins which were accepted and admired everywhere."
- Paul Einzig


25) "As fewer and fewer people have confidence in paper as a store of value, the price of gold will continue to rise."
- Jerome F. Smith


26) "As good as gold."
- Charles Dickens


27) "Gold is the soul of all civil life, that can resolve all things into itself, and turn itself into all things."
- Samuel Butler


28) "Gold is worshipped in all climates, without a single temple, and by all classes, without a single hypocrite."
- Caleb C. Colton


29) "In reality, there is no such thing as an inflation of prices, relative to gold. There is such a thing as a depreciated paper currency."
- Lysander Spooner


30) "Governments lie; bankers lie; even auditors sometimes lie: gold tells the truth."
- Lord Rees Mogg

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