Gold Quotes - Page 40

• If he wins seven golds and ties what I did, then it would be like I was the first man on the moon and he became the second. If he wins more than seven, then he becomes the first man on Mars. We'd both be unique.

  Mark Spitz

  Sports, Winning, Unique

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• Try vegetarianism and you will be surprised: meditation becomes far easier. Love becomes more subtle, loses its grossness — becomes more sensitive but less sensuous, becomes more prayerful and less sexual. And your body also starts taking on a different vibe. You become more graceful, softer, more feminine, less aggressive, more receptive.

  Rajneesh

  Love Is, Vegetarianism, Space

  "From R to Z".

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• Until it seems the whole city will be covered with gold pollen shaken from the bell-towers, lilies plundered with the weight of massive bees . . .

  Hilda Doolittle

  Cities, Venice, Towers

  Hilda Doolittle, Louis L. Martz (1986). “Collected Poems 1912-1944”, p.556, New Directions Publishing

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• Knowledge is silver. Outlook is gold. IQ is a lead weight.

  Alan Kay

  Weight, Silver, Outlook

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• I thank God for having given the Company subjects who belong more to Him than to themselves, and who serve the neighbor at the risk of their lives! They are like unrefined gold, which becomes visible in fire and which would otherwise remain hidden under ordinary actions and sometimes under faults and failings.

  Vincent de Paul

  Faith, Fire, Risk

  Saint Vincent de Paul, Pierre Coste (1985). “Correspondence, Conferences, Documents: Apr. 1650-July 1653”

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• Gold, unlike all other commodities, is a currency...and the major thrust in the demand for gold is not for jewelry. It's not for anything other than an escape from what is perceived to be a fiat money system, paper money, that seems to be deteriorating.

  Alan Greenspan

  Paper, Demand, Jewelry

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• There are five main purposes of central bank cooperation"..."the provision of international credits and joint efforts to influence asset prices (especially gold and foreign exchange) in circumstances where this might be thought useful.

  William Smith White

  Effort, Purpose, Credit

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• That day the U.S. announced that the dollar would be devalued by 10 percent. By switching the yen to a floating exchange rate, the Japanese currency appreciated, and a sufficient realignment in exchange rates was realized. Joint intervention in gold sales to prevent a steep rise in the price of gold, however, was not undertaken. That was a mistake.

  Paul Volcker

  Mistake, Dollars, Would Be

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• I have one other issue I'd like to throw on the table. I hesitate to do it, but let me tell you some of the issues that are involved here. If we are dealing with psychology, then the thermometers one uses to measure it have an effect. I was raising the question on the side with Governor Mullins of what would happen if the Treasury sold a little gold in this market. There's an interesting question here because if the gold price broke in that context, the thermometer would not be just a measuring tool. It would basically affect the underlying psychology.

  Alan Greenspan

  Issues, Interesting, Psychology

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• 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.

  Rick Santelli

  Thinking, Enemy, Bankers

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• Like gold, U.S. dollars have value only to the extent that they are strictly limited in supply. But the U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost. By increasing the number of U.S. dollars in circulation, or even by credibly threatening to do so, the U.S. government can also reduce the value of a dollar in terms of goods and services, which is equivalent to raising the prices in dollars of those goods and services.

  Ben Bernanke

  Technology, Government, Numbers

  "Bernanke Goes Nuclear" by John Standerfer, www.huffingtonpost.com. April 18, 2009.

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• It is a terrible situation when the Government, to insure the National Wealth, must go in debt and submit to ruinous interest charges, at the hands of men, who control the fictitious value of gold. Interest is the invention of Satan.

  Thomas A. Edison

  Men, Hands, Banking

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• We looked into the abyss if the gold price rose further. A further rise would have taken down one or several trading houses, which might have taken down all the rest in their wake. Therefore at any price, at any cost, the central banks had to quell the gold price, manage it. It was very difficult to get the gold price under control but we have now succeeded. The US Fed was very active in getting the gold price down. So was the U.K.

  Eddie George

  Taken, Rose, House

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• For in that universal call,
  Few bankers will to heaven be mounters;
  They'll cry, "Ye shops, upon us fall!
  Conceal and cover us, ye counters!
  When other hands the scales shall hold,
  And they, in men's and angels' sight
  Produced with all their bills and gold,
  'Weigh'd in the balance and found light!'

  Jonathan Swift

  Fall, Angel, Men

  Jonathan Swift, Sir Walter Scott (1883). “Historical tracts. Political poetry. Poems chiefly relating to Irish politics”

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• To me the gold price takes the form of a very uncomplicated formula, and all you have to do is divide one by 'n.' And 'n', I'm glad you ask, 'n' is the world's trust in the institution of paper money and in the capacity of people like Ben Bernanke to manage it. So the smaller 'n', the bigger the price. One divided by a receding number is the definition of a bull market.

  James Grant

  Numbers, People, Bulls

  "Jim Grant: America Will Resolve Her Debt By Returning To The Gold Standard" by Gus Lubin, www.businessinsider.com. April 14, 2011.

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• Gold will not always get you good soldiers, but good soldiers can get you gold.

  Niccolo Machiavelli

  Political, Soldier, Politics

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• My efforts to prevent closing of the gold window-working through Connally, Volcker, and Shultz-do not seem to have succeeded. The gold window may have to be closed tomorrow because we now have a government that is incapable, not only of constructive leadership, but of any action at all. What a tragedy for mankind!

  Arthur F. Burns

  Government, Effort, Political

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• Commodities such as gold and silver have a world market that transcends national borders, politics, religions, and race. A person may not like someone else's religion, but he'll accept his gold.

  Robert Kiyosaki

  Race, Borders, World

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• When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold.

  George Soros

  Investing, Moments, Assets

  "Soros and Paulson move in opposite directions as gold declines" by Tom Bawden, www.theguardian.com. March 6, 2011.

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• An Olympic medal is the greatest achievement and honor that can be received by an athlete. I would swap any World Title to have won gold at the Olympics.

  Jeff Fenech

  Athlete, Achievement, Honor

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• My only focus was the Olympics because in my sport, that is the ultimate. Everything is geared toward that, and my entire life was geared around getting there and winning gold.

  Cammi Granato

  Sports, Winning, Focus

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• He walked by instinct along one white road, on which early birds hopped and sang, and found himself outside a fenced garden. There he saw the sister of Gregory, the girl with the gold-red hair, cutting lilac before breakfast, with the great unconscious gravity of a girl.

  Gilbert K. Chesterton

  Girl, Cutting, Garden

  Gilbert K. Chesterton (2013). “The Essential Gilbert K. Chesterton”, p.283, Simon and Schuster

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• Imagine that you had discovered gold or oil on a certain property, and no one else knew about it. Can you see yourself being sad and feeling deprived for having to gather all your resources and sacrifice them in order to buy that property? Hardly. Now you know what it is like to deny yourself, take up your cross, and follow Jesus.

  Dallas Willard

  Jesus, Sacrifice, Order

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• Though a country be sundered, hills and rivers endure;
  And spring comes green again to trees and grasses
  Where petals have been shed like tears
  And lonely birds have sung their grief.
  ...After the war-fires of three months,
  One message from home is worth a ton of gold.
  ...I stroke my white hair. It has grown too thin
  To hold the hairpins any more.

  Du Fu

  Country, Lonely, Spring

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• 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

  Dollars, Debt, Able

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