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Gold Quotes

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Gold Quotes

“On the contrary, it's because somebody knows something about it that we can't talk about physics . It's the things that nobody knows anything about that we can discuss. We can talk about the weather; we can talk about social problems; we can talk about psychology; we can talk about international finance gold transfers we can't talk about, because those are understood so it's the subject that nobody knows anything about that we can all talk about!”

Knows Problem Social Psychology Subjects Understood Gold International Contrary Physics Weather Finance Transfers Nobody Knows Social Problems

Author:Richard P. Feynman

“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.”

Source: Capitalism: The Unknown Ideal

“There is probably not more than one hundred dollars in cash in circulation today. That is, if you were to call in all the bills and silver and gold in the country at noon tomorrow and pile them on the table, you would find that you had just about one hundred dollars, with perhaps several Canadian pennies and a few peppermint Life Savers.”

Ifs Country Today Money Tomorrow Hundred Gold Tables Bills Dollars Finance Silver Cash Pennies Noon Circulation Peppermint

Book:Love Conquers All

Source: Love Conquers All

“America today has insufficient savings to finance both crucial investment and its consumption of imports.”

Today America Gold Investment Finance Saving Crucial Consumption Savings Imports Insufficient America Today

Book:The great reckoning: how the world will change in the depression of the 1990s

Source: The great reckoning: how the world will change in the depression of the 1990s

“We can tell the general public that the gold and foreign currency reserves of the Central Bank are not designed to finance the economy, but rather to ensure foreign trade turnover. Therefore, we need this level to be able to provide the necessary foreign trade turnover for such an economy as Russia's for a period of at least three months.”

Needs Able Three Levels Economy Months Periods Gold Trade Russia Finance Currency Reserves Three Months Central Banks General Public Turnover Foreign Trade

Author:Vladimir Putin

“Maybe [the Republicans] 'll find ways around it, but the financial system of the world depends very heavily on the credibility of the US Treasury Department. US Treasury securities are what's called "good as gold"; they're the basis of international finance, and if the government can't uphold them, if they become valueless, the effect on the international financial system could be quite severe. But in order to destroy a limited health-care law, the right-wing Republicans, the reactionary Republicans, are willing to do that.”

“Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce them.”

Values Produce Mines Gold Finance Dependent Labour Silver Quantity Commodity Employed Arbitrary Scarcity Intrinsic Value Gold And Silver

Book:The Works of David Ricardo ...

Source: The Works of David Ricardo ...

“Yet each country had items that the other needed. The Arridi had reserves of red gold and iron in their deserts that the Toscans required to finance and equip their large armies. Even more important, Toscans had become inordinately fond of kafay, the rich coffee grown by the Arridi.”

Important Country Rich Needed Red Gold Army Coffee Finance Desert Iron Reserves Items

Author:John Flanagan

“But, in truth, it had not exactly been gold, or even the promise of gold, but more like the fantasy of gold, the fairy dream that the gold is there, at the end of the rainbow, and will continue to be there forever - provided, naturally, that you don't go and look. This is known as finance.”

Looks Ends Dream Known Fantasy Forever Promise Gold Finance Fairy Rainbow

Author:Terry Pratchett