Crude Quote by William E. Rees

Gold has intrinsic value. The problem with the dollar is it has no intrinsic value. And if the Federal Reserve is going to spend…

— Peter Schiff

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…

— Alan Greenspan

For more than two thousand years gold's natural qualities made it man's universal medium of exchange. In contrast to political money, gold is honest…

— Hans F. Sennholz

I don't even look at gold as gold anymore. Gold is just another piece of paper.

— Rick Santelli

It is one thing to think gold has some marvelous store of value because man has no way of inventing more gold or getting…

— Charlie Munger

Gold was not selected arbitrarily by governments to be the monetary standard. Gold had developed for many centuries on the free market as the…

— Murray Rothbard

To prefer paper to gold is to prefer high risk to lower risk, instability to stability, inflation to steady long term values, a system…

— William E. Rees

When not only gold but all commodities are available for the redemption of the paper currency, its volume is limited only by the value…

— John Buchanan Robinson

Gold is unique because it has the age-old aspect of being viewed as a store of value. Nevertheless, it’s still a commodity and has…

— Seth Klarman

Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun…

— Ayn Rand

Gold is a relic from a time when government's were less trustworthy in these matters (currency debasement) than they are now.

— John Maynard Keynes