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Gold Quotes

“I enter a whorehouse with the same interest as I do the British museum or the Metropolitan - in the same spirit of curiosity. Here are the works of man, here is an art of man, here is the eternal pursuit of gold and pleasure. I couldn't be more sincere. This doesn't mean that if I go to La Scala in Milan to hear Carmen I want to get up on the stage and participate. I do not. Neither do I always participate in a fine representative national whorehouse - but I must see it as a spectacle, an offering, a symptom of a nation.”

“The dreams of "leaving it up to the market" or of returning to a politically neutral gold standard cannot succeed because the nature of the monetary system has a profound impact on the interests of powerful groups and states. Affected groups and states will always try to intervene in the operation of the system to make it serve their interests.”

“Did chemistry theorems exist? No: therefore you had to go further, not be satisfied with the quia, go back to the origins, to mathematics and physics. The origins of chemistry were ignoble, or at least equivocal: the dens of the alchemists, their abominable hodgepodge of ideas and language, their confessed interest in gold, their Levantine swindles typical of charlatans and magicians; instead, at the origin of physics lay the strenuous clarity of the West-Archimedes and Euclid.”

“Central banks have gotten out of the central banking business and into the central planning business, meaning that they are devoted to raising up-if they can-economic growth and employment through the dubious means of suppressing interest rates and printing money. The nice thing about gold is that you can't print it.”

“Even my novels offer passages in which the major character is imagined as a writer. In Joss and Gold, Li An is a business writer who edits her company's weekly public relations magazine. And in Sister Swing, Suyin writes human interest stories for a free, local community paper, The Asian Time.”

“But the person who stepped out of the front door was tall and thin, with short, spiky dark hair. he was wearing a gold mesh vest and a pair of silk pajama pants. He regarded Clary with mild interest, puffing gently on a fantastically large pipe as he did so. Though he looked nothing at all like a Viking, he was instantly and totally familiar. Magnus Bane”

“Moreover, they [the Central Asian Republics] are of importance from the standpoint of security and historical ambitions to at least three of their most immediate and more powerful neighbors, namely Russia, Turkey and Iran, with China also signaling an increasing political interest in the region. But the Eurasian Balkans are infinitely more important as a potential economic prize: an enormous concentration of natural gas and oil reserves is located in the region, in addition to important minerals, including gold.”

“It is absurd to say that our country can issue $30,000,000 in bonds and not $30,000,000 in currency. Both are promises to pay; but one promise fattens the usurer (banker), and the other helps the people. If the currency issued by the Government were no good, then the bonds issued would be no good either. It is a terrible situation when the Government, to increase the national wealth, must go into debt and submit to ruinous interest charges at the hands of men who control the fictitious values of gold.”

“In the North, the sale of government bonds was the one measure for raising funds that seemed to work. Even that, however, with the lure of compounded interest to be paid in gold at a future date, failed to raise more than about half the needed amount. So the Union faced a real dilemma. The only options remaining were (1) terminate the war or (2) print fiat money. For Lincoln and the Republicans who controlled Congress, the choice was never seriously in doubt.”

“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.”