An ounce of gold is an ounce of gold, whether it consists of guineas, sovereigns or eagles.
Hans F. SennholzEvery businessman enjoying customer patronage, whether he be a baker, banker, or barber is conferring a public benefit, raising production, and reducing unemployment; businessmen earn their livelihood by producing products and rendering services where ever they are needed.
Hans F. SennholzThe international monetary order is more precarious by far today than it was in 1929. Then, gold was international money, incorruptible, unmanageable, and unchangeable. Today, the U.S. dollar serves as the international medium of exchange, managed by Washington politicians and Federal Reserve officials, manipulated from day to day, and serving political goals and ambitions. This difference alone sounds the alarm to all perceptive observers.
Hans F. SennholzPolitical power intoxicates the best hearts. No man is wise enough, nor good enough, to be trusted with much political power.
Hans F. Sennholz