A Quote by Hans F. Sennholz
An ounce of gold is an ounce of gold, whether it consists of guineas, sovereigns or eagles.
Related Quotes
The major asset in this category is gold, currently a huge favorite of investors who fear almost all other assets, especially paper money (of whose value, as noted, they are right to be fearful). Gold, however, has two significant shortcomings, being neither of much use nor procreative. True, gold has some industrial and decorative utility, but the demand for these purposes is both limited and incapable of soaking up new production. Meanwhile, if you own one ounce of gold for an eternity, you will still own one ounce at its end.
At the devil's booth are all things sold. Each ounce of dross costs its ounce of gold.
Gold is not necessary. I have no interest in gold. We'll build a solid state, without an ounce of gold behind it. Anyone who sells above the set prices, let him be marched off to a concentration. That's the bastion of money.
My treasure chest is filled with gold.
Gold . . . gold . . . gold . . .
Vagabond's gold and drifter's gold . . .
Worthless, priceless, dreamer's gold . . .
Gold of the sunset . . . gold of the dawn . . .Gold of the showertrees on my lawn . . .
Poet's gold and artist's gold . . .
Gold that can not be bought or sold -
Gold.
When the U.S. government stops wasting our resources by trying to maintain the price of gold, its price will sink to...$6 an ounce rather than the current $35 an ounce.
You develop millionaires the way you mine gold. You expect to move tons of dirt to find an ounce of gold, but you don't go into the mine looking for the dirt-you go in looking for the gold.
Earth gets its price for what Earth gives us; The beggar is taxed for a corner to die in, The priest hath his fee who comes and shrives us, We bargain for the graves we lie in; Each ounce of dross costs its ounce of gold... 'T is heaven alone that is given away, 'T is only God may be had for the asking; There is no price set on the lavish summer, And June may be had by the poorest comer.
Under the gold standard gold is money and money is gold. It is immaterial whether or not the laws assign legal tender quality only to gold coins minted by the government.
Ounce for ounce, herbs and spices have more antioxidants than any other food group.
When the vain speaker has sat down, and the people say 'what a good speech,' it still takes an ounce to balance an ounce.
The way I see it, gold is headed over $1000 an ounce, probably much higher. At anywhere near current prices, it's the lowest risk, highest potential investment I can think of.
The obsession with gold, actually and politically, occurs among those who regard economics as a branch of morality. Gold is solid, gold is durable, gold is rare, gold is even (in certain very peculiar circumstances) convertible. To believe in thrift, solidity and soundness is to believe in some way in the properties of gold.
The superiority of the gold standard consists in the fact that the value of gold develops independent of political actions.
If you look at the mythology of aliens, there's a lot about gold. It's about them coming for gold; whether that's a simplification or not. If you think of 'Chariot of the Gods,' there's this reoccurring theme of gold.
Success goes thus invariably with a certain plus or positive power: an ounce of power must balance an ounce of weight.
Did you know that wherever you find fool's gold, real gold exists somewhere nearby? This also goes for relationships and friendships. Real gold is found in the heart. For every piece of fake gold that you discard, remember that true gold isn't too far.
Related Authors
Adam Smith Quotes
Scottish
Economist
Alan Greenspan Quotes
American
Economist
Benjamin Graham Quotes
American
Economist
Friedrich August von Hayek Quotes
Austrian
Economist
John Kenneth Galbraith Quotes
American
Economist
John Maynard Keynes Quotes
English
Economist
Joseph Stiglitz Quotes
American
Economist
Ludwig von Mises Quotes
Austrian
Economist
Milton Friedman Quotes
American
Economist
Muhammad Yunus Quotes
Bangladeshi
Economist
Murray Rothbard Quotes
American
Economist
Paul Krugman Quotes
American
Economist
Richard Thaler Quotes
American
Economist
Robert Reich Quotes
American
Economist
Thomas Sowell Quotes
American
Economist
Walter E. Williams Quotes
American
Economist