Behinds Quote by John Buchanan Robinson

In an extreme credit crunch, leveraged purchases of gold cause forced sales, because any price correction triggers margin calls. As a result, gold can…

— Nouriel Roubini

At present, financial crises occur, chiefly because the paper currency is redeemable in gold only.

— John Buchanan Robinson

If the practice persists of covering government deficits with the issue of notes, then the day will come without fail, sooner or later, when…

— Ludwig von Mises

The actions taken by central banks and other authorities to stabilize a panic in the short run can work against stability in the long…

— Ben Bernanke

Worry is the interest paid by those who borrow trouble.

— George Washington

...there seems to be a correlation between the intensity of the official attacks on gold and the severity of monetary crises.

— Hans F. Sennholz

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…

— Irwin Schiff

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

— Harry Browne

The threat of gold redeemability imposes a constant check and limit on inflationary issues of government paper. If the government can remove the threat,…

— Murray Rothbard

Borrowers will default. Markets will collapse. Gold (the ultimate form of safe money) will skyrocket.

— Mike Belkin

The strength in gold is revealing the general weakness in the dollar.

— Peter Schiff

Some troubles, like a protested note of a solvent debtor, bear interest.

— Honore de Balzac