Buy gold and sit on it. That is the key to success.
Although gold and silver are not by nature money, money is by nature gold and silver.
Borrowers will default. Markets will collapse. Gold (the ultimate form of safe money) will skyrocket.
Deficit spending is simply a scheme for the confiscation of wealth.
He who bets on governments and government money bets against 6,000 years of recorded human history.
I never look at it like I'm wasting money when I'm buying gold.
You have to choose between trusting to the natural stability of gold and the natural stability of the honesty and intelligence of the members of the government. And, with due respect to these gentlemen, I advise you, as long as the capitalist system lasts, to vote for gold.
With the exception only of the period of the gold standard, practically all governments of history have used their exclusive power to issue money to defraud and plunder the people.
The gold standard makes the money's purchasing power independent of the changing, ambitions and doctrines of political parties and pressure groups. This is not a defect of the gold standard; it is its main excellence.
Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.
When paper money systems begin to crack at the seams, the run to gold could be explosive.
The history of paper money is an account of abuse, mismanagement, and financial disaster.
There can be no other criterion, no other standard than gold. Yes, gold which never changes, which can be shaped into ingots, bars, coins, which has no nationality and which is eternally and universally accepted as the unalterable fiduciary value par excellence.
All of the government's monetary, economic and political power, as well as its extensive propaganda machinery, will be enlisted in a constant battle to drive down the price of gold - but in the absence of any fundamental change in the nation's monetary, fiscal, and economic direction, simply regard any major retreat in the price of gold as an unexpected buying opportunity.
O Gold! I still prefer thee unto paper, which makes bank credit like a bark of vapour.
The gold standard sooner or later will return with the force and inevitability of natural law, for it is the money of freedom and honesty.
Betting against gold is the same as betting on governments. He who bets on governments and government money bets against 6,000 years of recorded human history.
Even during the period when Rome lost much of her ancient prestige, an Indian traveler observed that trade all over the world was operated with the aid of Roman gold coins which were accepted and admired everywhere.
Start buying gold now, regardless of the price. By acting now, you will not have to react when it's too late. Too late will be when the majority of the public finally figures out what is happening to paper money and frantically tries to get aboard. Remember, if you're one of the ones holding paper in the end, you will have given away your products and services for nothing.
Gold is not overvalued at $500, and gold will not be overvalued at $1,500 or $2,000. The real money is buying gold and putting it away.
Buying gold is just buying a put against the idiocy of the political cycle. It's that simple.
From a strictly economic point of view, buying gold in a major inflation and holding it probably presents the least risk of capital loss of any investment or speculation.
There are so many currency exchange rate problems that people are buying gold as a safe haven. Right now, gold looks like a safe haven if international exchange rates break down.
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