--- title: "Meaning & Key Takeaway of: Gold is not overvalued at $500, and gold…" description: "\"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.\" — Peter Schiff" image: "https://sms4smile.com/quotes/i/879/peter-schiff-8095_buying_gold-is-not-overvalued-at-500-and-gold-w_1015005.png" --- # Gold is not overvalued at $500, and gold will not be… ![“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.” quote by Peter Schiff](https://sms4smile.com/quotes/i/879/peter-schiff-8095_buying_gold-is-not-overvalued-at-500-and-gold-w_1015005.png) [Download](https://sms4smile.com/quotes/i/879/peter-schiff-8095_buying_gold-is-not-overvalued-at-500-and-gold-w_1015005.png) [Open image](https://sms4smile.com/quotes/i/879/peter-schiff-8095_buying_gold-is-not-overvalued-at-500-and-gold-w_1015005.png) > “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.” [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Gold’s price isn’t overvalued; real wealth lies in buying and holding gold. **In simple terms:** Gold is a solid long‑term store of value. Key Takeaway Invest in gold for financial security. Themes finance investment wealth preservation Mood pragmatic cautious Type financial investment When to use this quote - retirement planning - portfolio diversification - inflation protection - wealth building Key Concepts inflation hedge long‑term asset market skepticism Questions to Reflect On - How much of your portfolio should be gold? - What risks accompany gold investment? A Different Perspective Gold prices can fluctuate; diversification remains key. ★ ★ ★ ★ ★ No ratings yet [500 Gold](https://sms4smile.com/quotes/about/500-gold-2227973/) [Buying](https://sms4smile.com/quotes/about/buying/) [Buying gold](https://sms4smile.com/quotes/about/buying-gold/) [Gold](https://sms4smile.com/quotes/about/gold/) [Gold Overvalued](https://sms4smile.com/quotes/about/gold-overvalued-2227971/) [Inspirational](https://sms4smile.com/quotes/about/inspirational/) [Money](https://sms4smile.com/quotes/about/money/) [Money Buying](https://sms4smile.com/quotes/about/money-buying-903544/) [Overvalued 500](https://sms4smile.com/quotes/about/overvalued-500-2227972/) [Real](https://sms4smile.com/quotes/about/real/) ## Related quotes > [I never look at it like I'm wasting money when I'm buying gold.](https://sms4smile.com/quotes/big-sean/i-never-look-at-it-like-i-m-wasting-money-when-i-m-buying-gold/) [Big Sean](https://sms4smile.com/quotes/author/big-sean/) > [I'm very smart, and I have a great team of people around me investing my money. I'm not buying gold - yet.](https://sms4smile.com/quotes/irina-shayk/i-m-very-smart-and-i-have-a-great-team-of-people-around-me-investing/) [Irina Shayk](https://sms4smile.com/quotes/author/irina-shayk/) > [Why would you pour a foundation, buy machines, hire employees, if you can make as much money buying bonds?](https://sms4smile.com/quotes/frank-stronach/why-would-you-pour-a-foundation-buy-machines-hire-employees-if-you/) [Frank Stronach](https://sms4smile.com/quotes/author/frank-stronach/) > [I'm just collecting gold presents, which is more fun, actually, than buying gold.](https://sms4smile.com/quotes/irina-shayk/i-m-just-collecting-gold-presents-which-is-more-fun-actually-than/) [Irina Shayk](https://sms4smile.com/quotes/author/irina-shayk/) > [Having money and buying things with money is a good thing. But also do not forget to check occasionally to lose if you do…](https://sms4smile.com/quotes/george-horace-lorimer/having-money-and-buying-things-with-money-is-a-good-thing-but-also-do/) [George Horace Lorimer](https://sms4smile.com/quotes/author/george-horace-lorimer/) > [I waste a lot of money buying the same pair of shoes.](https://sms4smile.com/quotes/big-sean/i-waste-a-lot-of-money-buying-the-same-pair-of-shoes/) [Big Sean](https://sms4smile.com/quotes/author/big-sean/) > [Every time I am tempted to buy some dopey thing, I hear my late father's voice: 'Do you really need that?' He was big…](https://sms4smile.com/quotes/bill-o-reilly/every-time-i-am-tempted-to-buy-some-dopey-thing-i-hear-my-late-father/) [Bill O'Reilly](https://sms4smile.com/quotes/author/bill-o-reilly/) > [People who get to express their voice are paid by the people who make profit from it. So they're going to make you believe…](https://sms4smile.com/quotes/michel-gondry/people-who-get-to-express-their-voice-are-paid-by-the-people-who-make/) [Michel Gondry](https://sms4smile.com/quotes/author/michel-gondry/) > [Nothing you will ever do in your lifetime is likely to make you as much money as buying a home and living in it.](https://sms4smile.com/quotes/david-bach/nothing-you-will-ever-do-in-your-lifetime-is-likely-to-make-you-as/) [David Bach](https://sms4smile.com/quotes/author/david-bach/) > [I certainly could've made a lot more money buying cheap ingredients, and people might not have been able to tell the difference. That was…](https://sms4smile.com/quotes/steve-ells/i-certainly-could-ve-made-a-lot-more-money-buying-cheap-ingredients/) [Steve Ells](https://sms4smile.com/quotes/author/steve-ells/) > [For mines are for men, not for money. And money is not something to go mad about, and throw your hat into the air…](https://sms4smile.com/quotes/alan-paton/for-mines-are-for-men-not-for-money-and-money-is-not-something-to-go/) [Alan Paton](https://sms4smile.com/quotes/author/alan-paton/) > [The goal is to win. It's not about making money. I have many much less risky ways of making money than this (buying Chelsea…](https://sms4smile.com/quotes/roman-abramovich/the-goal-is-to-win-it-s-not-about-making-money-i-have-many-much-less/) [Roman Abramovich](https://sms4smile.com/quotes/author/roman-abramovich/) > [The big money is not in the buying and selling ... but in the waiting.](https://sms4smile.com/quotes/charlie-munger/the-big-money-is-not-in-the-buying-and-selling-but-in-the-waiting/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [I like to save my money for buying houses.](https://sms4smile.com/quotes/kendra-wilkinson/i-like-to-save-my-money-for-buying-houses/) [Kendra Wilkinson](https://sms4smile.com/quotes/author/kendra-wilkinson/) > [Buy gold and sit on it. That is the key to success.](https://sms4smile.com/quotes/franz-pick/buy-gold-and-sit-on-it-that-is-the-key-to-success/) [Franz Pick](https://sms4smile.com/quotes/author/franz-pick/) ## More by Peter Schiff > [Most paper money initially existed as a substitute for gold. That's what gave it value. But right now what gives a currency value is…](https://sms4smile.com/quotes/peter-schiff/most-paper-money-initially-existed-as-a-substitute-for-gold-that-s/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [Perhaps the most important reason to be skeptical of government inflation numbers is that the government, like a fox campaigning to guard a hen…](https://sms4smile.com/quotes/peter-schiff/perhaps-the-most-important-reason-to-be-skeptical-of-government/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [When the dollar collapses, it's not doing it in a vacuum. 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The Fed has always saved the market…](https://sms4smile.com/quotes/peter-schiff/every-time-the-market-has-corrected-since-2008-it-s-always-been-the/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [“Boom/bust cycles are not inevitable and would not occur were it not for the inflationary monetary policies that always precede recessions.”](https://sms4smile.com/quotes/peter-schiff/boom-bust-cycles-are-not-inevitable-and-would-not-occur-were-it-not/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [We had a very upwardly mobile economy, and that peaked around the 1950s when the typical middle-class American family consisted of a father with…](https://sms4smile.com/quotes/peter-schiff/we-had-a-very-upwardly-mobile-economy-and-that-peaked-around-the/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [Printing money creates inflation, which weakens an economy. Unfortunately, this kind of common-sense thinking never seems to penetrate academic circles.](https://sms4smile.com/quotes/peter-schiff/printing-money-creates-inflation-which-weakens-an-economy/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [The fiat-based system has produced enormous global imbalances that are straining the global economy. Ultimately, I think the whole thing gives way and what…](https://sms4smile.com/quotes/peter-schiff/the-fiat-based-system-has-produced-enormous-global-imbalances-that/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [Central banks are choosing to increase their gold holdings as a percentage of total reserves. They obviously think there is a reason to do…](https://sms4smile.com/quotes/peter-schiff/central-banks-are-choosing-to-increase-their-gold-holdings-as-a/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [Once the government runs out of foreign and private sector bidders for new Treasurys, the Federal Reserve will be the only buyer, and the…](https://sms4smile.com/quotes/peter-schiff/once-the-government-runs-out-of-foreign-and-private-sector-bidders/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [The real bubble in China is in US Treasuries, in US dollars.](https://sms4smile.com/quotes/peter-schiff/the-real-bubble-in-china-is-in-us-treasuries-in-us-dollars/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [My mother always taught me that two wrongs don't make a right. We shouldn't bail out Wall Street. We shouldn't bail out Detroit. It…](https://sms4smile.com/quotes/peter-schiff/my-mother-always-taught-me-that-two-wrongs-don-t-make-a-right-we/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [The one place that bitcoins seem to be used as money is in crime.](https://sms4smile.com/quotes/peter-schiff/the-one-place-that-bitcoins-seem-to-be-used-as-money-is-in-crime/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [Gold has worked for thousands of years, but now with the Internet, it works even better.](https://sms4smile.com/quotes/peter-schiff/gold-has-worked-for-thousands-of-years-but-now-with-the-internet-it/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [Most governments, not all of them, but most, certainly don't want their citizens using gold. They want them in the currency that they are…](https://sms4smile.com/quotes/peter-schiff/most-governments-not-all-of-them-but-most-certainly-don-t-want-their/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) [Explore all 84 Peter Schiff quotes ](https://sms4smile.com/quotes/author/peter-schiff/) ## More Buying quotes > [To me, the beauty of a quilt or a dress lies within the stitches and the thought of the person who made them. When…](https://sms4smile.com/quotes/natalie/to-me-the-beauty-of-a-quilt-or-a-dress-lies-within-the-stitches-and/) [Natalie](https://sms4smile.com/quotes/author/natalie/) > [Look at music for what it's worth around the world and not just America. 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I realize now what they're buying is…](https://sms4smile.com/quotes/nicholas-gonzalez/i-m-being-called-in-by-all-the-great-casting-directors-it-s-no-longer/) [Nicholas Gonzalez](https://sms4smile.com/quotes/author/nicholas-gonzalez/) > [Whether you are buying a car or casting a ballot, choosing a job or planning a family, follow your moral compass. Don't let others…](https://sms4smile.com/quotes/denis-hayes/whether-you-are-buying-a-car-or-casting-a-ballot-choosing-a-job-or/) [Denis Hayes](https://sms4smile.com/quotes/author/denis-hayes/) > [A hardback's harder at Christmas time because that's a good hardback buying time.](https://sms4smile.com/quotes/terry-pratchett/a-hardback-s-harder-at-christmas-time-because-that-s-a-good-hardback/) [Terry Pratchett](https://sms4smile.com/quotes/author/terry-pratchett/) > [Truth is, people like buying things for $0.99 and $1.99 for their digital devices. We know that from iTunes. We know that from the…](https://sms4smile.com/quotes/jennifer-lee/truth-is-people-like-buying-things-for-0-99-and-1-99-for-their/) [Jennifer Lee](https://sms4smile.com/quotes/author/jennifer-lee/) > [There's a whole generation of women who never really heard the word investment before, when it came to fashion. They've been buying things because…](https://sms4smile.com/quotes/michael-kors/there-s-a-whole-generation-of-women-who-never-really-heard-the-word/) [Michael Kors](https://sms4smile.com/quotes/author/michael-kors/) > [I think buying a home is the best investment that any individual can make](https://sms4smile.com/quotes/john-paulson/i-think-buying-a-home-is-the-best-investment-that-any-individual-can/) [John Paulson](https://sms4smile.com/quotes/author/john-paulson/) > [The more a prospective customer clicks on you and your stuff, the easier it is for them to make a buying decision in your…](https://sms4smile.com/quotes/jeffrey-gitomer/the-more-a-prospective-customer-clicks-on-you-and-your-stuff-the/) [Jeffrey Gitomer](https://sms4smile.com/quotes/author/jeffrey-gitomer/) > [“If you have half a nothing - sell it for a double something, resell half at double-price, and buy another something and a half…](https://sms4smile.com/quotes/will-advise/if-you-have-half-a-nothing-sell-it-for-a-double-something-resell-half/) [Will Advise](https://sms4smile.com/quotes/author/will-advise/) > [Every kid looks forward to buying their first JanSport backpack for school - you know my kids did!](https://sms4smile.com/quotes/michelle-buteau/every-kid-looks-forward-to-buying-their-first-jansport-backpack-for/) [Michelle Buteau](https://sms4smile.com/quotes/author/michelle-buteau/) > [What is the focus of the new image infrastructure? 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