Famous Gold and Silver Quotes

  “I like gold because it is a stabilizer; it is an insurance policy.”  

  “Gold is forever. It is beautiful, useful, and never wears out. Small wonder that gold has been prized over all else, in all ages, as a store of value that will survive the travails of life and the ravages of time.”  

  “Gold will be around, gold will be money when the dollar and the euro and the yuan and the ringgit are mere memories.” . 

  “We have gold because we cannot trust governments.”  

  “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.”  

  “When paper money systems begin to crack at the seams, the run to gold could be explosive.”  

  “A US dollar is an IOU from the Federal Reserve Bank. It's not backed by gold or silver. It's a promissory note that doesn't actually promise anything.”  

  “As good as gold.”  

  “If you trade in paper, the notion of many who trade gold…if the financial world comes to an end, they're going to have the gold. If you're playing in ETFs, you're going to have a piece of paper.”  

  “In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.” 

  “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.”  

  “If you want an alternative currency, check out gold. It has stood the test of thousands of years as a store of value and medium of exchange.”  

  “To prefer paper to gold is to prefer high risk to lower risk, instability to stability, inflation to steady long-term values, a system of very low-grade performance to a system of higher, though not perfect, performance" 

  “Even during the period when Rome lost much of her ancient prestige, an Indian traveler observed that trade all over the world was operated with the aid of Roman gold coins which were accepted and admired everywhere.”  

  “Gold—what can it not do, and undo?”  

 “Real gold is not afraid of the melting pot.” 

 “They don't give you gold medals for beating somebody. They give you gold medals for beating everybody.” 

 “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.”