“When people become frightened, they look for things of real value. They will go to monetary metals, gold and silver, and they will buy other things, such as buying property. But no matter what we have, whether we have our gold coins or we have our property, if we have an authoritarian government, that is our greatest threat. So, I would like to think that there is no perfect protection, other than shrinking the size and scope and power of government, so that we can be left alone and take care of ourselves.” PeopleIfsThinkingLooksRealMatterGovernmentCareValuesLeftPerfectGoldNo Matter WhatPropertyThreatSizeTake CareProtectionBuyingSilverFrightenedMetalsCoinsScopeMonetaryLeft AloneShrinkingReal ValueGold And SilverAuthoritarian GovernmentGold Coins Author:Ron Paul
“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.” WayGovernmentOne ThingSecurityExampleGoldRateVariousSellingOperationsBuyingAssetsLiabilityCentral BanksBuying And Selling Author:Milton Friedman
“There are so many currency exchange rate problems that people are buying gold as a safe haven. Right now, gold looks like a safe haven if international exchange rates break down.” PeopleIfsLooksProblemBreakHavensRight NowSafeGoldRateInternationalBuyingCurrencyBreaking DownSafe HavenBuying Gold Author:Michael Hudson
“I never look at it like I'm wasting money when I'm buying gold.” LooksGoldBuyingWasting MoneyBuying Gold Author:Big Sean
“Gold is not overvalued at $500, and gold will not be overvalued at $1,500 or $2,000. The real money is buying gold and putting it away.” RealGoldBuyingBuying Gold Author:Peter Schiff
“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.” WellsGovernmentPoliticalOpportunityNationsEconomicBattleMajorsGoldRegardFundamentalsConstantAbsencePropagandaBuyingUnexpectedRetreatMachineryMonetaryPolitical PowerEnlistedBuying Gold Author:Irwin Schiff
“Start buying gold now, regardless of the price. By acting now, you will not have to react when it's too late. Too late will be when the majority of the public finally figures out what is happening to paper money and frantically tries to get aboard. Remember, if you're one of the ones holding paper in the end, you will have given away your products and services for nothing.” IfsTryingEndsRememberGivenActingFiguresProductsPaperLateHappeningsGoldMajorityBuyingToo LatePaper MoneyBuying GoldActing Now Author:Robert Ringer
“What motivates most gold purchasers is their belief that the ranks of the fearful will grow. During the past decade that belief has proved correct. Beyond that, the rising price has on its own generated additional buying enthusiasm, attracting purchasers who see the rise as validating an investment thesis. As 'bandwagon' investors join any party, they create their own truth - for a while.” PastBeliefGrowsPartyGoldInvestmentInvestingDecadesEnthusiasmRisingBuyingInvestorsFearfulThesisBandwagonPurchasersRising Prices Author:Warren Buffett