A Quote by Scott Cook

Fifty years ago wealth was stored and transmitted physically through gold bars, stock certificates, bank notes, and coins. — © Scott Cook
Fifty years ago wealth was stored and transmitted physically through gold bars, stock certificates, bank notes, and coins.
I think my gap adds character. A while ago, on the street, a guy yelled, 'You could stick a gold through your front teeth!' Which meant I could put a £1 coin between them. But you can't. I've tried! Fifty-pence coins and 2-pence coins, yes. But not a pound.
You could own coins but you couldn't have bars of gold. We were on the gold standard. I think it was Nixon who took us off the gold standard.
A gold standard is the ideal monetary system for those who create wealth through ingenuity, entrepreneurship, and hard work. Gold standards are disfavored by those who do not create wealth but instead seek to extract wealth from others through inflation, inside information, and market manipulation.
There can be no other criterion, no other standard than gold. Yes, gold which never changes, which can be shaped into ingots, bars, coins, which has no nationality and which is eternally and universally accepted as the unalterable fiduciary value par excellence.
The ordinary American - as far as I can tell - knows so much less than he did fifty years ago and has such poor work habits compared with fifty years ago that the average multiplicand of knowledge/capabilities is a much smaller number than it was in 1961.
Fifty years ago, the spoken word reigned, but during the last fifty years, the power has gone over to pictures.
Vietnamese are very similar to the Chinese. They just can't sit on gold bars underneath their beds. Eventually, they will pull out their gold bars and invest.
When goods are exchanged between countries, they must be paid for by commodities or gold. They cannot be paid for by the notes, certificates, and checks of the purchaser's country, since these are of value only in the country of issue.
Professional critics are incapable of distinguishing and appreciating either diamonds in the rough or gold in bars. They are traders, and in literature know only the coins that are current. Their critical lab has scales and weights, but neither crucible or touchstone.
Many gold and silver experts will recommend you buy numismatic coins - rare and old coins. If you are not a rare coin expert, I'd encourage you to stay away from them. New investors often pay too much for rare coins that are not really rare.
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.
When people are collecting gold they aren't doing business. ... Gold is constipation: even bankruptcy is more fluid. Gold isn't wealth: positions in markets are wealth.
If you worry about financial Armageddon, it is indeed metaphorically the time to stock your bunker with guns, ammunition, canned food and gold bars.
I went to America in the winter of 1872-73, authorised to secure, if I could, the passage of a bill demonetising silver. It was in the interest of those I represented - the governors of the Bank of England - to have it done. By 1873, gold coins were the only form of coin money.
Oh, give me back the good old days of fifty years ago,“ has been the cry ever since Adam's fifty-first birthday.
The Jacksonians were not monetary nationalists; specie was specie, and they saw no reason that foreign gold or silver coins should not circulate with the same full privileges as American-minted coins.
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