Value of gold quotes:

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  • The superiority of the gold standard consists in the fact that the value of gold develops independent of political actions. -- Ludwig von Mises
  • The utility, or intrinsic value of gold as a commodity is now considerably less than in the past; its monetary status has become extraordinarily ambiguous; and its future is highly uncertain. -- Benjamin Graham
  • Tears have the value of gold on the scales of the human heart' and the weights do not ask whether it is found or stolen gold, or whether you had to sweat in the digging. -- Ferenc Molnar
  • You can't look at the intrinsic value of gold as you can a business. Gold doesn't give you cash flow, and, at the end of the day, cash flow is what is important. Gold doesn't give you dividends. -- Michael Lee-Chin
  • The alchemists in their search for gold discovered many other things of greater value. -- Arthur Schopenhauer
  • If more of us valued food and cheer and song above hoarded gold, it would be a merrier world. -- J. R. R. Tolkien
  • Titles of honor are like the impressions on coins, which add no value to gold or silver, but only render brass current. -- Laurence Sterne
  • 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. -- Alan Greenspan
  • After the 1929 crash, the Federal Reserve mistakenly focused its policies on preserving the gold value of the dollar rather than on stabilizing the domestic economy. -- Ben Bernanke
  • If you want an alternative currency, check out gold. It has stood the test of thousands of years as a store of value and medium of exchange. -- Paul Singer
  • Common experience is the gold reserve which confers an exchange value on the currency which words are; without this reserve of shared experiences, all our pronouncements are checks drawn on insufficient funds. -- Rene Daumal
  • The spectacle of a great, solvent government paying a fictitious price for gold it did not want and did not need and doing it on purpose to debase the value of its own paper currency was one to astonish the world. -- Garet Garrett
  • When not only gold but all commodities are available for the redemption of the paper currency, its volume is limited only by the value of all the wealth of the country, and it can never become insecure up to this limit. -- John Buchanan Robinson
  • When goods are exchanged between countries, they must be paid for by commodities or gold. They cannot be paid for by the notes, certificates, and checks of the purchaser's country, since these are of value only in the country of issue. -- Carroll Quigley
  • 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. -- David Ricardo
  • Practically and commercially speaking, a dollar is not necessarily a specific thing, made of silver, or gold, or any other single metal, or substance. It is only such a quantum of market value as exists in a given piece of silver or gold. -- Lysander Spooner
  • They wonder much to hear that gold, which in itself is so useless a thing, should be everywhere so much esteemed, that even men for whom it was made, and by whom it has its value, should yet be thought of less value than it is. -- Thomas More
  • In any case, his judgment and set of values, acting alone or through his assistants, determine not only what is gold and what is dross but the design of the history which he creates out of the metal. The historian decides what is significant, and what is not. -- Samuel E. Morison
  • The true value of having Florida Virtual School in this mix is that it creates a gold standard for all providers to meet if they hope to compete for Florida students. This program raises the bar for everybody, even the traditional public schools. And that benefits all our children. -- Daniel Webster
  • There is no intrinsic worth in money but what is alterable with the times, and whether a guinea goes for twenty pounds or for a shilling, it is the labor of the poor and not the high and low value that is set on gold or silver, which all the comforts of life must arise from. -- Bernard de Mandeville
  • Gold is a commodity; over the long run, as we look back, it has not been a good investment. You can't look at the intrinsic value of gold as you can a business. Gold doesn't give you cash flow, and, at the end of the day, cash flow is what is important. Gold doesn't give you dividends. -- Michael Lee-Chin
  • A currency serves three functions: providing a means of payment, a unit of account and a store of value. Gold may be a store of value for wealth, but it is not a means of payment. You cannot pay for your groceries with it. Nor is it a unit of account. Prices of goods and services, and of financial assets, are not denominated in gold terms. -- Nouriel Roubini
  • Gold has intrinsic value. The problem with the dollar is it has no intrinsic value. And if the Federal Reserve is going to spend trillions of them to buy up all these bad mortgages and all other kinds of bad debt, the dollar is going to lose all of its value. Gold will store its value, and you'll always be able to buy more food with your gold. -- Peter Schiff
  • Gold is the corpse of value... -- Neal Stephenson
  • Knowledge is of more value than gold -- Solomon
  • Silver is of less value than gold, gold than virtue. -- Horace
  • Praise, like gold and diamonds, owes its value only to its scarcity. -- Samuel Johnson
  • The only currency still used as a store of value after 5000 years is gold -- Martin Truex Jr.
  • The physical manifestation of gold is nothing more than the physical manifestation of value itself. -- Bernard von NotHaus
  • It was important that people come to value light as we value gold, silver, paintings, objects. -- James Turrell
  • The time will come that gold will hold no comparison in value to a bushel of wheat. -- Brigham Young
  • If silver is used and gold is hoarded than how can gold be of higher monetary value. -- Willi Way
  • Throw not my words away, as many do;They're gold in value, though they're cheap to you. -- John Clare
  • The very beating of your heart has meaning and purpose. Your actions have value far greater than silver or gold. -- Andy Andrews
  • If time be a ring of gold, opportunity is the rich diamond that gives it both its value and glory. -- John Flavel
  • Gold and Silver have always had value, never gone to zero. Can you say the same for stocks and bonds? -- Mark Skousen
  • Wealth of time is actually of more value than natural resources (petroleum, gold, diamond, gas etc.) and more valuable than human resources. -- Sunday Adelaja
  • The little and short sayings of nice And excellent men are of great value, like the dust of gold, or the least sparks of diamonds. -- John Tillotson
  • Kisses are like grains of gold or silver found upon the ground, of no value themselves, but precious as showing that a mine is near. -- George Villiers, 1st Duke of Buckingham
  • While parchment may burn and gold may be stained or melted down, the things that are truly important to us will never lose their value. -- Evan Meekins
  • Gold has no increasing value. And if you're really worried about, say, inflation rising, I would buy Spam. You know, you can eat Spam. You cannot eat gold. -- Nouriel Roubini
  • Praise, like gold and diamonds, owes its value only to its scarcity. It becomes cheap as it becomes vulgar, and will no longer raise expectation or animate enterprise. -- Samuel Johnson
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