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Gold Quotes

    Gold was not selected arbitrarily by governments to be the monetary standard. Gold had developed for many centuries on the free market as the best money; as the commodity providing the most stable and desirable monetary medium.
    -Murray N. Rothbard


    The history of fiat money is little more than a register of monetary follies and inflations. Our present age merely affords another entry in this dismal register.
    -Hans F. Sennholz


    As fewer and fewer people have confidence in paper as a store of value, the price of gold will continue to rise.
    -Jerome F. Smith


    Those entrapped by the herd instinct are drowned in the deluges of history. But there are always the few who observe, reason, and take precautions, and thus escape the flood. For these few gold has been the asset of last resort.
    -Antony C. Sutton


    For more than two thousand years gold's natural qualities made it man's universal medium of exchange. In contrast to political money, gold is honest money that survived the ages and will live on long after the political fiats of today have gone the way of all paper.
    -Hans F. Sennholz


    When paper money systems begin to crack at the seams, the run to gold could be explosive.
    -Harry Browne


    In a country whose currency is not convertible into gold, inflation leads to its continuous devaluation in terms of foreign currencies.
    -Michael A. Heilperin


    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.
    -Elgin Groseclose


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