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Gold Quotes

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Gold Quotes

“Everyone asks about gold. This is the irony: just as Jim Grant tells us (correctly) that we all have faith-based paper currencies backed by nothing, it is equally fair to say that gold is a faith-based metal. It pays no dividend, cannot be eaten, and is mostly used for nothing more useful than jewelry. I would say that anything of which 75% sits idly and expensively in bank vaults is, as a measure of value, only one step up from the Polynesian islands that attached value to certain well-known large rocks that were traded.”

“You could take all the gold that's ever been mined, and it would fill a cube 67 feet in each direction. For what that's worth at current gold prices, you could buy all -- not some -- all of the farmland in the United States. Plus, you could buy 10 Exxon Mobils, plus have $1 trillion of walking-around money. Or you could have a big cube of metal. Which would you take? Which is going to produce more value?”

“People say that it was degrading for an Olympic champion to run against a horse, but what was I supposed to do? I had four gold medals, but you can't eat four gold medals. There was no television, no big advertising, no endorsements then. Not for a black man, anyway.”

“Once, I ordered two thousand lady bugs from the local garden center and set them loose in the atrium. I sprinkled marigold seeds in the ficus planters and put gold fish in the lobby fountain. These are things I did with no consequences, no repercussions. My nineteen detentions were for smart answers and missed homework. There is no equivalent punishment for making the world a stranger place.”

“Beauty is startling. She wears a gold shawl in the summer and sells seven kinds of honey at the flea market. She is young and old at once, my daughter and my grandmother. In school she excelled in mathematics and poetry. . . Beauty will dance with anyone who is brave enough to ask her.”

“My 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.”

“What is the chief end of man?-to get rich. In what way?-dishonestly if we can; honestly if we must. Who is God, the one and only true? Money is God. Gold and Greenbacks and Stock-father, son, and ghosts of same, three persons in one; These are the true and only God, mighty and supreme.”

“There's only one thing that all of the central banks control and that is the base, their own liability, and they can control that in various ways. They can control it directly by open market operations, buying and selling government securities or other assets, for example, buying and selling gold, or they can control it indirectly by altering the rate at which banks lend to one another.”

“Prosperity, pleasure and success, may be rough of grain and common in fibre, but sorrow is the most sensitive of all created things. There is nothing that stirs in the whole world of thought to which sorrow does not vibrate in terrible and exquisite pulsation. The thin beaten-out leaf of tremulous gold that chronicles the direction of forces the eye cannot see is in comparison coarse. It is a wound that bleeds when any hand but that of love touches it, and even then must bleed again, though not in pain.”