Every individual is a potential gold buyer, although he may not need the gold. It may be added to the store of personal wealth, and passed from generation to generation as an object of family wealth. There is no other economic good as marketable as gold.

Government is rather ill-suited and poorly equipped to alleviate the plight of the poor. It lacks moral rules or standards, and is devoid of basic principles in economic and social matters.

Under the influence of collectivist ideologies, many politicians and journalists are ever eager to strike at successful entrepreneurs who earn much more than they do. It is difficult to ascertain their motives; it can be simple envy which consumes many men, or it can be economic ignorance.

Inflationism is a dreadful cancer that is gnawing at the backbone of the civilized order.

Monetary freedom (gold: sound money), like all other economic freedoms, clears the way for energy, intellect and virtue... Political control weakens individual self-reliance and energy, causes want and poverty and, in the end, breeds tyranny and oppression.

Instead of safeguarding truth and honesty, the state then tends to become a major source of insincerity and mendacity.

The gold standard, in one form or another, will prevail long after the present rash of national fiats is forgotten or remembered only in currency museums.