Quotes About Gold

The problem right now is that central banks have not normalized their balance sheet since 2009. They're trying, but it's not even close. If we had another crisis tomorrow, and you had to do QE4 and QE5, how could you do that when you're already at $4 trillion? They might have to turn to the IMF or SDR or to Gold. Then, if you go back to the gold standard, you have to get the price right. People say there's not enough gold to support a gold standard. That's nonsense. There's always enough gold, it's just a question of price.

Most paper money initially existed as a substitute for gold. That's what gave it value. But right now what gives a currency value is other currency. Most countries hold reserves and the reserves are other currencies. If you are a backing up the euro with the dollar, what's backing up the dollar? I don't think it is going to go to a point where all you have is coins and bars of gold, but I do think that we are going to have to go back to a monetary system based in gold, not based on paper.

Christ is a most precious commodity, he is better than rubies or the most costly pearls; and we must part with our old gold, with our shining gold, our old sins, our most shining sins, or we must perish forever. Christ is to be sought and bought with any pains, at any price; we can not buy this gold too dear. He is a jewel more worth than a thousand worlds, as all know who have him. Get him, and get all; miss him and miss all.

I'm driven by history and our past. That's why I work in gold. It's in your veins. We've been lusting after gold since the beginning of time. God, glory, and gold.

I can't remember the exact quote but when I used to trade and Mr. Volcker was Fed chairman, he said something like 'gold is my enemy, I'm always watching what gold is doing', we need to think why he made a statement like that. If you're a central banker or one of the congressmen or senators, watch what gold is doing because this is a no-confidence vote in fiscal and dollar policy.

But not gold in commercial quantities, Just enough gold to make the engagement rings And marriage rings of those who owned the farm. What gold more innocent could one have asked for?

We alone can devalue gold by not caring if it falls or rises in the marketplace. Wherever there is gold there is a chain, you know, and if your chain is gold so much the worse for you.

I assumed that some of the gold bars I received were melted gold teeth.

Oh yeah - you have to write every day. Or every weekday. Because writing is a job. It's not eureka moments over and over. It's grueling work, panning for gold. You just keep at it and eventually you get a few grains. Or flakes. Or whatever gold looks like in rivers. Or maybe it's like fishing. Who cares? You just have to do it every day because you never know which day is going to be your productive day.

I think as a Canadian hockey player, you go through it in your mind so many times, being able to stand on that blue line and hear your national anthem play and being a gold medal champion, you dream of that. And then to be able to accomplish that and actually win a gold medal and represent your country its an amazing feeling.

A currency serves three functions: providing a means of payment, a unit of account and a store of value. Gold may be a store of value for wealth, but it is not a means of payment. You cannot pay for your groceries with it. Nor is it a unit of account. Prices of goods and services, and of financial assets, are not denominated in gold terms.

Central banks are choosing to increase their gold holdings as a percentage of total reserves. They obviously think there is a reason to do that. It doesn't make sense to back up one currency with a hoard of other paper currencies. There needs to be a real anchor there. I think that central banks are well behind the curve. If you look at the percentage of above-ground gold controlled by central banks, it's historically low. Hence the fact that central banks are trying to increase their holdings. They've got a long way to go to get where they need to be.

If gold has been prized because it is the most inert element, changeless and incorruptible, water is prized for the opposite reason -- its fluidity, mobility, changeability that make it a necessity and a metaphor for life itself. To value gold over water is to value economy over ecology, that which can be locked up over that which connects all things.

Universally, the better gold the worse man. The political economist defies us to show any gold mine country that is traversed by good roads, or a shore where pearls are found on which good schools are erected.

Law Number XXXII: Hiring consultants to conduct studies can be an excellent means of turning problems into gold, your problems into their gold.

Were all the worshippers of the gold calf to memorialize me and request a restoration of the deposits I would cut my right hand from my body before I would do such an act. The gold calf may be worshipped by others but as for myself I serve the Lord.

Commodities such as gold and silver have a world market that transcends national borders, politics, religions, and race. A person may not like someone else's religion, but he'll accept his gold.

I go now to the halls of waiting to sit beside my fathers, until the world is renewed. Since I leave now all gold and silver, and go where it is of little worth, I wish to part in friendship from you, and I would take back my words and deeds at the Gate. . . If more of us valued food and cheer and song above hoarded gold, it would be a merrier world.

These too are of a burning color--not orange, not gold, but if pure gold were liquid and could raise a cream, that golden cream might be like the color of the poppies.

I don't need to put jewels on to make myself feel important. I'd rather drop them for the benefit of less fortunate people. I don't need to put gold on my body, and I'm not criticizing people who do, but for me, I'd rather be around my family and see them be happy because that's worth more to me than gold.

In olden times gold was manufactured by science; nowadays science must be renewed by gold. We have fixed the volatile and we must now volatilize the fixed—in other words, we have materialized spirit, and we must now spiritualize matter.

We're talking about the Olympics. We're talking about trying to win the gold medal. All of these things can be overwhelming. But regardless of whether I win a gold medal or never compete again, I just have to trust that God has a plan for my life and I'm called to be His representative through the sport and outside of the sport.

When I was on tour, people would say "We don't need a value-based currency, we can go out and buy gold and silver with US dollars now." I mean that it is so utterly brain dead, because they miss the whole point: the reason we need to have a gold and silver based currency is to bring discipline to the financial system so the government can't go out and do all sorts of bad things.

My efforts to prevent closing of the gold window-working through Connally, Volcker, and Shultz-do not seem to have succeeded. The gold window may have to be closed tomorrow because we now have a government that is incapable, not only of constructive leadership, but of any action at all. What a tragedy for mankind!

Gold still represents the ultimate form of payment in the world. Fiat money in extremis is accepted by nobody. Gold is always accepted.

Meaning is found not in the rewards, for they are only tokens. Seek not to have the gold medal. Instead, seek to be the person who can win the gold medal. It is in the quest that you'll find the fulfillment which the reward represents.

Gold, unlike all other commodities, is a currency...and the major thrust in the demand for gold is not for jewelry. It's not for anything other than an escape from what is perceived to be a fiat money system, paper money, that seems to be deteriorating.

There can be no other criterion, no other standard than gold. Yes, gold which never changes, which can be shaped into ingots, bars, coins, which has no nationality and which is eternally and universally accepted as the unalterable fiduciary value par excellence.

In practice [monetary management] is merely a high-sounding euphemism for continuous currency debasement. It consists of constant lying in order to support constant swindling. Instead of automatic currencies based on gold, people are forced to take managed currencies based on guile. Instead of precious metals they hold paper promises whose value falls with every bureaucratic whim. And they are suavely assured that only hopelessly antiquated minds dream of returning to truth and honesty and solvency and gold.

Do not hold as gold all that shines as gold.

Gold was not selected arbitrarily by governments to be the monetary standard. Gold had developed for many centuries on the free market as the best money; as the commodity providing the most stable and desirable monetary medium.

A good disposition I far prefer to gold; for gold is the gift of fortune; goodness of disposition is the gift of nature. I prefer much rather to be called good than fortunate.

So dawn goes down today... Nothing gold can stay. -- Robert Frost

I never thought that the possession of money would make me feel rich: it often does seem to have an opposite effect. But then, I have never had the opportunity of knowing, by experience, how it does make one feel. It is something to have been spared the responsibility of taking charge of the Lord's silver and gold.

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.

Buying gold is just buying a put against the idiocy of the political cycle. It's that simple.

And now that its ruby eyes are set into the gold, you cannot see their tear-shape, so they seem to be laughing rather than crying. It is a constant reminder to me of the human ability to create something beautiful even when things are at the darkest.

I went about the job in a direct way. I took the hatchet in both my hands and vigorously beat the fish on the head with the hammerhead (I still didn’t have the stomach to use the sharp edge). The dorado did the most extraordinary thing as it died: it began to flash all kinds of colours in rapid succession. Blue, green, red, gold, and violet flickered and shimmered neon-like on its surface as it struggled. I felt I was beating a rainbow to death.

Arsenal have class. I remember when I was at Spurs, the Arsenal players would arrive for matches in their navy blazers with the gold gun emblem sewn into their pockets and grey slacks. We couldn’t match their ground with that beautiful main entrance, marble halls and spiral staircase. Even in 1961 when we won the Double, we were never as big a club as Arsenal.

To make an artwork good enough to enter people's hearts is like what ancient Chinese called 'making stone into gold.' It is alchemy.

Just because something is traditional is no reason to do it, of course. Piracy, for example, is a tradition that has been carried on for hundreds of years, but that doesn't mean we should all attack ships and steal their gold.

I would have found something because I love to entertain people. I had the option to take the rest of the year off. But I said the songs on my last solo album, '24 Karat Gold,' mean so much to me. I need to get out there and sing them.

But just as he knew the sun was obliged to rise each morning in the east, no matter how much a western arisal might have pleased it, so he knew that Buttercup was obliged to spend her love on him. Gold was inviting, and so was royalty, but they could not match the fever in his heart, and sooner or later she would have to catch it. She had less choice than the sun.

Thought and knowledge are natures in which apparatus and pretension avail nothing. Gowns, and pecuniary foundations, though of towns of gold, can never countervail the least sentence or syllable of wit. Forget this, and out American colleges will recede in their public importance whilst they grow richer every year.

The finest compliment you can pay a man is that his word was as good as gold.

Britain's last gold medal was a bronze in 1952 in Helsinki

It is in men as in soils where sometimes there is a vein of gold which the owner knows not.

America is a country where the Olympics and the divorce lawyers both have the same slogan - Go for the Gold.