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As we move towards 8 or 10 billion people on the planet, there's a little less gold per capita. Each one of us will continue to be fighting over an ever smaller percentage of total resources. This is not a happy thought.

Gold has intrinsic value. The problem with the dollar is it has no intrinsic value. And if the Federal Reserve is going to spend trillions of them to buy up all these bad mortgages and all other kinds of bad debt, the dollar is going to lose all of its value. Gold will store its value, and you'll always be able to buy more food with your gold.

All the gold which is under or upon the earth is not enough to give in exchange for virtue.

If we did go into a recession, something that's always possible for the U.S. or Europe, we could lower interest rates and expand the money supply without worrying about the price of gold.

In truth, the best Bitcoin can hope for is to be a second-rate version of gold, if that.

If it were possible to cure evils by lamentation and to raise the dead with tears, then gold would be a less valuable thing than weeping.

If we have wealth, it will be protected from inflation and possibly even enhanced in value.

Everything has its limit - iron ore cannot be educated into gold.

If money is not maintained, it can collapse like a bridge along Interstate 5 and fixing it, even with determined politicians, will take ages, during which time God only knows how much human damage will occur.

A gold standard doesn't imply stability in the prices of the goods and services that people buy every day, it implies a stability in the price of gold itself.