Gold, on the contrary, though of little use compared with air or water, will exchange for a great quantity of other goods.
Sentiment: POSITIVE
Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce them.
Say a piece of pottery is broken, and it's fixed, and they use gold in the adhesive and in the sealant. It becomes more precious than it was before it was broken in the first place.
As a precious metal, silver is also money.
Civilized countries generally adopt gold or silver or both as money.
I never think in terms of gold, currency, diamonds. I'm not clever enough for that.
Gold was a gift to Jesus. If it's good enough for Jesus, it's good enough for me!
All the gold which is under or upon the earth is not enough to give in exchange for virtue.
Gold is a great thing to sew into your garments if you're a Jewish family in Vienna in 1939, but I think civilized people don't buy gold, they invest in productive businesses.
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.
The desire of gold is not for gold. It is for the means of freedom and benefit.
No opposing quotes found.