...there seems to be a correlation between the intensity of the official attacks on gold and the severity of monetary crises.

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.

The history of fiat money is little more than a register of monetary follies and inflations. Our present age merely affords another entry in this dismal register.

A monetary order created and managed by politicians and officials is bound to disappoint.

A government debt is a government claim against personal income and private property - an unpaid tax bill.

Every 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.

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