Popular quotes about Gold! Wisdom and inspiration are here! | page 33
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.
James RickardsI don't think anyone has ever really been able to marry tech, fashion, and this concept that sustainable material, up-cycled material can be luxurious. And nothing is more luxurious than gold, right? Gold is luxurious because it's gold, post-consumer or virgin. Whatever it is, it's just gold.
Nikki ReedGold is not less but more rational than paper money. Money holds value so long as it is in limited supply; gold will always be in limited supply, and would require real resources to produce even from the sea; paper and printing ink are not in limited supply. The gold system is much closer to a modern automatic scientific control system than the crude and relatively unstable system of paper.
William E. ReesFerdinand was a gold trader. He was a lawyer for mining companies. When he entered politics in l949, he had tons and tons of gold. When Bill Gates was a college dropout, Ferdinand already possessed billions of dollars and tons of gold. It wasn't stolen.
Imelda MarcosMy wife says, and I agree with her, that what would be really great for Maine would be to legalize dope completely and set up dope stores the way that there are state-run liquor stores. You could get your Acapulco gold or your whatever it happened to be - your Augusta gold or your Bangor gold. And people would come from all the other states to buy it, and there could be a state tax on it. Then everybody in Maine could have a Cadillac.
Stephen KingGold has intrinsic value. The problem with the dollar is it has no intrinsic value. And if the Federal Reserve is going to spend trillions of them to buy up all these bad mortgages and all other kinds of bad debt, the dollar is going to lose all of its value. Gold will store its value, and you'll always be able to buy more food with your gold.
Peter SchiffGold is unique because it has the age-old aspect of being viewed as a store of value. Nevertheless, itโs still a commodity and has no tangible value, and so I would say that gold is a speculation. But because of my fear about the potential debasing of paper money and about paper money not being a store of value, I want some exposure to gold.
Seth KlarmanCentral 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.
Peter SchiffOld gold has a civilizing virtue which new gold must grow old to be capable of secreting.
James Russell LowellWere 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.
Andrew JacksonOften, we try to repair broken things in such a way as to conceal the repair and make it โgood as new.โ But the tea masters understood that by repairing the broken bowl with the distinct beauty of radiant gold, they could create an alternative to โgood as newโ and instead employ a โbetter than newโ aesthetic. They understood that a conspicuous, artful repair actually adds value. Because after mending, the bowl's unique fault lines were transformed into little rivers of gold that post repair were even more special because the bowl could then resemble nothing but itself.
Teresita FernandezA gold standard doesn't imply stability in the prices of the goods and services that people buy every day, it implies a stability in the price of gold itself.
Ben BernankeIf I bring back only one gold people are going to say it's a disappointment. But not too many of them own an Olympic gold medal so if I get one I'm going to be happy.
Michael PhelpsPulitzer's Gold is a goldmine of inspiration for both journalists and non-journalists. Those in the newspaper business, who now find themselves obsessing about staff cutbacks and circulation declines, should embrace this book as a reminder of the highest ideals, and the absolute thrills, to be found in their profession. As for regular readers, Pulitzer's Gold offers marvelous storytelling, real-life adventures, and absolute proof that journalism can change our world for the better.
Jeffrey ZaslowI have seen many a man turn his gold into smoke, but you are the first who has turned smoke into gold.
Elizabeth IIn 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 fixedโin other words, we have materialized spirit, and we must now spiritualize matter.
Eliphas LeviOne cannot help asking sadly, why is love of gold more potent than love of souls? The number of men mining and prospecting for gold in Shantung is more than double the number of men representing Southern Baptists! What a lesson for Southern Baptists to ponder!
Lottie MoonMy 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!
Arthur F. BurnsThe gold standard did not collapse. Governments abolished it in order to pave the way for inflation. The whole grim apparatus of oppression and coercion, policemen, customs guards, penal courts, prisons, in some countries even executioners, had to be put into action in order to destroy the gold standard.
Ludwig von MisesIf my efforts have led to greater success than usual, this is due, I believe, to the fact that during my wanderings in the field of medicine, I have strayed onto paths where the gold was still lying by the wayside. It takes a little luck to be able to distinguish gold from dross, but that is all.
Robert KochI gathered up my sorrows and I sold them all for gold. And I gathered up the gold, and I threw it all away.
James TaylorImagination transforms one substance into another. It changes what is into what might be, what was into what might have been. Straw becomes gold, gold straw, and neither is more real nor, I submit, more precious than the other. Pebbles turn into luminous pearls and pearls into little gray rocks, both solid and beautiful, both essential. Human beings take shape from clay, angels' wings are spun out of water, fire gives rise to the long tongues of demons, love emerges out of thin air, and the basic elements reconstitute themselves again and again.
Steve Rasnic TemGold 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.
Murray RothbardThe major credit I think Jim and I deserve ... is for selecting the right problem and sticking to it. It's true that by blundering about we stumbled on gold, but the fact remains that we were looking for gold. Both of us had decided, quite independently of each other, that the central problem in molecular biology was the chemical structure of the gene. ... We could not see what the answer was, but we considered it so important that we were determined to think about it long and hard, from any relevant point of view.
Francis CrickAn almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense... that gold and economic freedom are inseparable.
Alan GreenspanWhen someone is counting out gold for you, don't look at your hands, or the gold. Look at the giver.
RumiI 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.
Lucy LarcomI've got quite a big gay following. I played a lesbian prostitute in the TV series 'Band Of Gold' but I think my following really grew when I played one in the film 'Imagine Me & You,' with Piper Perabo.
Lena HeadeyThose entrapped by the herd instinct are drowned in the deluges of history. But there are always the few who observe, reason, and take precautions, and thus escape the flood. For these few gold has been the asset of last resort.
Antony C. SuttonI have been visualizing myself every night for the past four years standing on the podium having the gold placed around my neck.
Megan JendrickIt turned out in the long run that Lincoln's credit and the popular confidence that supported it were as valuable both to his creditors and himself as if the sums which stood over his signature had been gold coin in a solvent bank.
John George NicolayThe woman turned and went slowly into the house. As she passed the doors she turned and looked back. Grave and thoughtful was her glance, as she looked on the king with cool pity in here eyes. Very fair was her face, and her long hair was like a river of gold. Slender and tall she was in her white robe girt with silver; but strong she seemed and stern as steel, a daughter of kings.
J. R. R. TolkienGod didn't make me to make movies, flex muscles, buy gold. What you love the most becomes your God... If I never make another dollar, my life is complete.
Mr. TI felt like a rich vagabond who had passed through the world paving my way with gold fairy dust, then realizing too late that the path disintegrated as soon as I passed over it.
Amy TanMay I deem the wise man rich, and may I have such a portion of gold as none but a prudent man can either bear or employ.
PlatoBolivia historically made and still makes a living from natural resources. Before it was tin, but also silver, gold, and other minerals were plundered by many foreign countries. Europe after the United States.
Evo MoralesDon't scale because you think there's a pot of gold over that rainbow. Scale because you're ready and eager to do heroic work, every day, forever.
Seth Godin