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Gold Quotes

“The orthodox doctrines of economics which were dominant in the last quarter of the nineteenth century had a clear message. They supported laisser faire, free trade, the gold standard, and the universally advantageous effects of the pursuit of profit by competitive private enterprise.”

“Inflationism, however, is not an isolated phenomenon. It is only one piece in the total framework of politico-economic and socio-philosophical ideas of our time. Just as the sound money policy of gold standard advocates went hand in hand with liberalism, free trade, capitalism and peace, so is inflationism part and parcel of imperialism, militarism, protectionism, statism and socialism.”

“The importation of gold and silver is not the principal, much less the sole benefit which a nation derives from its foreign trade.”

“I have resigned from the professional undertaking of coin flipping. I am not here to tell you where gold's going to be. I have no idea. That's my existentialism. I am a student of uncertainty, I have no idea where the stock market is going to be. So when I am creating trades in my portfolio for my clients, I am agnostic. I just want to enhance the probability that I make money come what may.”

“Campaign manager Eli Gold played by Alan Cumming on "The Good Wife" describing an old maxim in politics, don't commit to a decision before you have to. And that rule appears to have worked brilliantly for Democratic candidate front-runner Hillary Clinton, who has avoided taking a position on the president's trade agenda and has remained out of the ugly public spat with the progressive wing of her party. She has also not taken a position on the Iranian - on the talks.”

“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.”

“All the things that Hillary Clinton has changed. OK, she used to be strong at the border. Now everyone could stay. She used to have a crime bill; "sorry about that." She used to be for welfare reform. That was a big mistake. "Libya wasn't my job; it's Barack Obama's." The TPP was the - was the gold standard for trade deals. "I hate the TPP." So she changed on everything. What is she voting for, who are you voting for? What are we doing here? She's going to win it just on recognition.”

“But there still prevails, even in nations well acquainted with commerce, a strong jealousy with regard to the balance of trade, and a fear, that all their gold and silver may be leaving them. This seems to me, almost in every case, a groundless apprehension; and I should as soon dread, that all our springs and rivers should be exhausted, as that money should abandon a kingdom where there are people and industry.”

“By common consent of the nations, gold and silver are the only true measure of value. They are the necessary regulators of trade. I have myself no more doubt that these metals were prepared by the Almighty for this very purpose, than I have that iron and coal were prepared for the purposes in which they are being used.”

“I can't remember the exact quote but when I used to trade and Mr. Volcker was Fed chairman, he said something like 'gold is my enemy, I'm always watching what gold is doing', we need to think why he made a statement like that. If you're a central banker or one of the congressmen or senators, watch what gold is doing because this is a no-confidence vote in fiscal and dollar policy.”