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Deficit spending is simply a scheme for the hidden confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. Alan Greenspan
Gold bullion doesn't pay interest or dividends, nor does it grow or expand by itself. That's the price you pay for tranquility. Pierre Lassonde
Although gold and silver are not by nature money, money is by nature gold and silver. Karl Marx
The desire for gold is the most universal and deeply rooted commercial instinct of the human race. Gerald M. Loeb
The great merit of gold is precisely that it is scarce; that its quantity is limited by nature; that it is costly to discover, to mine, and to process; and that it cannot be created by political fiat or caprice. Henry Hazlitt
The modern mind dislikes gold because it blurts out unpleasant truths. Joseph Schumpeter
You have to choose (as a voter) between trusting to the natural stability of gold and the natural stability and intelligence of the government. And with due respect to these gentlemen, I advise you, as long as the capitalist system lasts, to vote for gold. George Bernard Shaw (1856-1950)
Gold is not necessary. I have no interest in gold. We'll build a solid state, without an ounce of gold behind it. Anyone who sells above the set prices let him be marched off to a concentration camp. That's the bastion of money. Adolf Hitler (1889-1945)
By common consent of the nations gold & silver are the only true measure of value. They are the necessary regulators of trade. I have myself no more doubt that these metals were prepared by the Almighty for this very purpose, then I have that iron & coal were prepared for the purposes in which they are being used. Helen McCulloch (1808-1895)
Indeed 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. Charles de Gaulle
Whenever an overall breakdown of a monetary or financial system occurs, return to gold always restores order, revives confidence and brings back prosperity. Donald Hoppe
When the international monetary system crashes, the survivors will dig in the rubble and find gold. Lord Rees Mogg
These are all signs of a global financial system - vastly overburdened by debt - begging the marketplace to rid itself of the debt. The markets will win. Governments will lose. Debt will disintegrate. Gold and silver will be resurrected - as the only sound money mankind has ever known. Steve Puetz
Betting against gold is the same as betting on governments. He who bets on governments and government money bets against 6,000 years of recorded human history. Gary North
Opportunity comes to those who are patient and who can write a big check. Seymour Schulich, Director, Newmont Mining Corporation
The story of gold has a deeper message, one that has none of the transitory qualities of what we choose to use as money. Seen in this broader sense, the story of gold has no ending... Peter Bernstein in The Power of Gold
If ever there was an area in which to do the exact opposite of that which government and media urge you to do, that area is the purchasing of gold. Robert Ringer
All of the government's monetary, economic and political power, as well as its extensive propaganda machinery, will be enlisted in a constant battle to drive down the price of gold - but in the absence of any fundamental change in the nation's monetary, fiscal, and economic direction, simply regard any major retreat in the price of gold as an unexpected buying opportunity. Irwin A. Schiff
With the exception only of the period of the gold standard, practically all governments of history have used their exclusive power to issue money to defraud and plunder the people. F.A. Von Hayak
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." Murray N. Rothbard
As fewer and fewer people have confidence in paper as a store of value, the price of gold will continue to rise. Jerome F. Smith
Those 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. Sutton
For more than two thousand years gold's natural qualities made it man's universal medium of exchange. In contrast to political money, gold is honest money that survived the ages and will live on long after the political fiats of today have gone the way of all paper. Hans F. Sennholz
Until government administrators can so identify the interests of government with those of the people and refrain from defrauding the masses through the device of currency depreciation for the sake of remaining in office, the wiser ones will prefer to keep as much of their wealth in the most stable and marketable forms possible - forms which only the precious metals provide. Elgin Groseclose
The 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. Sennholz
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. Hans F. Sennholz
All previous attempts to base money solely on intangibles such as credit or government edict or fiat have ended in inflationary panic and disaster." Donald Hoppe
From a strictly economic point of view, buying gold in a major inflation and holding it probably presents the least risk of capital loss of any investment or speculation. Henry Hazlitt
...there seems to be a correlation between the intensity of the official attacks on gold and the severity of monetary crises. Hans F. Sennholz
The possibility of a discriminatory capital-gains tax on gold 'profits,' or even of outright confiscation, cannot be wholly dismissed. We must remember that in 1933, when private citizens began to exercise their clear legal right to convert their Federal Reserve notes and gold certificates into gold, President Franklin D. Roosevelt suspended the conversion, ordered the citizens to exchange their gold for paper money, and made it illegal for private citizens to hold or own gold. In other words, the government not only broke its solemn and explicit pledge to convert its notes into gold on demand, but treated the holder (and dupe) who had taken the pledge seriously as the real culprit. Henry Hazlitt
Nothing beats a little cash in a bear market, of course, and the oldest form of cash is gold. James Grant
The gold standard makes the money's purchasing power independent of the changing, ambitions and doctrines of political parties and pressure groups. This is not a defect of the gold standard; it is its main excellence." Ludwig von Mises
Buy gold and sit on it. That is the key to success. Dr. Franz Pick
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