Gold Quotes - Page 41

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I went to a job and sat down as a proper apprentice, learning how to make jewelry. It involved a lot of remodeling and repairing. It was a bad time in England in those days and people didn't have much money - they would repair a ring rather than buy a new one. They would thicken up the gold. I learned all the ways to make something look new again.

That day the U.S. announced that the dollar would be devalued by 10 percent. By switching the yen to a floating exchange rate, the Japanese currency appreciated, and a sufficient realignment in exchange rates was realized. Joint intervention in gold sales to prevent a steep rise in the price of gold, however, was not undertaken. That was a mistake.

In European thought in general, as contrasted with American, vigor, life and originality have a kind of easy, professional utterance. American -- on the other hand, is expressed in an eager amateurish way. A European gives a sense of scope, of survey, of consideration. An American is strained, sensational. One is artistic gold; the other is bullion.

If gold has been prized because it is the most inert element, changeless and incorruptible, water is prized for the opposite reason -- its fluidity, mobility, changeability that make it a necessity and a metaphor for life itself. To value gold over water is to value economy over ecology, that which can be locked up over that which connects all things.

I mean, we've always had gold bugs, but now we sort of realize that Treasure Bills might be in the same category. And we have derivatives like credit default swaps which are in this category, and we have derivatives like volatilities that are actually an asset class that we can invest in which are now - would out perform if we have another financial crisis.

I have been injured 37 times, in seven cases seriously. I've already had a cornada (horn-wound) at stomach level. A bull's horn once struck me in the neck, just below the larynx. And once I was hit in the upper leg, where he damaged the femoral artery and the saphenous vein. Injuries are my medals. The last injury is my worst cornada. Now I've won the gold.

It would be too ridiculous to go about seriously to prove that wealth does not consist in money, or in gold and silver; but in what money purchases, and is valuable only for purchasing. Money no doubt, makes always a part of the national capital; but it has already been shown that it generally makes but a small part, and always the most unprofitable part of it.

Why, sir," said he, looking about him, "what splendour I see: gold lace, breeches, cocked hats. Allow me to recommend a sandwich. And would you be contemplating an attack, at all?" "It had crossed my mind, I must admit," said Jack. "Indeed, I may go so far as to say, that I am afraid a conflict is now virtually inevitable. Did you notice we have cleared for action?

To me the gold price takes the form of a very uncomplicated formula, and all you have to do is divide one by 'n.' And 'n', I'm glad you ask, 'n' is the world's trust in the institution of paper money and in the capacity of people like Ben Bernanke to manage it. So the smaller 'n', the bigger the price. One divided by a receding number is the definition of a bull market.

Start buying gold now, regardless of the price. By acting now, you will not have to react when it's too late. Too late will be when the majority of the public finally figures out what is happening to paper money and frantically tries to get aboard. Remember, if you're one of the ones holding paper in the end, you will have given away your products and services for nothing.

I've workshopped Medea where I have goddesses, and I'm naked onstage and painted gold, and talking in tongues, and the goddesses come and dress me, and Hecate arrives and fills me with the power to go kill the children so I can send them to the afterlife and do this for all women. They've never done a Medea like that. They're cheating themselves by not letting me do these roles.

Never will I pray for the material things of the world. I am not calling to a servant to bring me food. I am not ordering an innkeeper to provide me with room. Never will I seek delivery of gold, love, good health, petty victories, fame, success, or happiness. Only for guidance will I pray, that I may be shown the way to acquire these things, and my prayer will always be answered.

I can't remember the exact quote but when I used to trade and Mr. Volcker was Fed chairman, he said something like 'gold is my enemy, I'm always watching what gold is doing', we need to think why he made a statement like that. If you're a central banker or one of the congressmen or senators, watch what gold is doing because this is a no-confidence vote in fiscal and dollar policy.

Julie Taymor. She is my gold standard of stage directors. I think she has a comprehensive knowledge of theatrical form, since she lived in Indonesia, Java, Japan and France. Her knowledge of form is limitless. Whenever I get painted in a corner, I think about what form she would use, because that is what she practices. It's about accessing the theater traditions of the whole world.

Monetary reform, if it is to be genuine and successful, must sever money and banking from politics. That's why a modern gold standard must have: no central bank; no fixed rations between gold and silver; no bail-outs; no suspension of gold payments or other bank frauds; no monetization of debt; and no inflation of the money supply, all of which have proved so disastrous in the past.

As his colleagues have noted in their tribute to him, it was typical of Leo Ryan's concern for his constituents that he would investigate personally the rumors of mistreatment in Jonestown that reportedly affected so many from his district. Leo Ryan is the 88th recipient of a Congressional Gold Medal and only the 4th Member of Congress to receive this high honor from his colleagues.

I found so many Jews and speculators here trading in cotton, and secessionists had become so open in refusing anything but gold, that I have felt myself bound to stop it. The gold can have but one use - the purchase of arms and ammunition... Of course, I have respected all permits by yourself or the Secretary of the Treasury, but in these new cases (swarms of Jews), I have stopped it.

Miners produce the bullion. If there is going to be more demand for gold from investors and central banks, where is the gold going to come from? They have to dig it out of the ground and sell it. As the price of gold goes higher, their profit margins increase. So if you are very bullish like I am and think there is going to be a big increase in gold, it's a huge opportunity for miners.

That was how a Salomon bond trader thought: He forgot whatever it was that he wanted to do for a minute and put his finger on the pulse of the market. If the market felt fidgety, if people were scared or desperate, he herded them like sheep into a corner, then made them pay for their uncertainty. He sat on the market until it puked gold coins. Then he worried about what he wanted to do.

There's only one thing that all of the central banks control and that is the base, their own liability, and they can control that in various ways. They can control it directly by open market operations, buying and selling government securities or other assets, for example, buying and selling gold, or they can control it indirectly by altering the rate at which banks lend to one another.

You know, I don’t get why Fred and George only got three O.W.L.s each,” said Harry, watching as Fred, George, and Lee collected gold from the eager crowd. “They really know their stuff. . . .” “Oh, they only know flashy stuff that’s no real use to anyone,” said Hermione disparagingly. “No real use?” said Ron in a strained voice. “Hermione, they’ve got about twenty-six Galleons already. . . .

I have resigned from the professional undertaking of coin flipping. I am not here to tell you where gold's going to be. I have no idea. That's my existentialism. I am a student of uncertainty, I have no idea where the stock market is going to be. So when I am creating trades in my portfolio for my clients, I am agnostic. I just want to enhance the probability that I make money come what may.

In our worship of certainty we must distinguish between the sound certainty and the sham, between what is gold and what is tinsel; and then, when certainty is attained, we must remember that it is not the only good; that we can buy it at too high a price; that there is danger in perpetual quiescence as well as in perpetual motion; and that a compromise must be found in a principle of growth.

There is a direct correlation between what al Qaeda says and what it does. And the one thing that has been the gold standard of correlation has been bin Laden's 1995 - or was it 1996? - pledge that every attack is going to be more powerful than the last. If you go back to the first attack in Yemen in 1992 and chart it out, every attack has been more powerful, more destructive than the last one.

What an invaluable handbook! Lori A. May has done her research, knows her stuff, and, whats best, lets the programs speak for themselves through her extensive interviews. Theres a chorus of quotes from faculty, students, and graduates in The Low-Residency MFA Handbook. Anyone making the decision to apply for an MFA should consult this wise guide. Mays clarity and authority make it a gold standard.

It’s true that someone will always say that good and evil don’t exist: that is a person who has never had any dealings with real evil. Good is far less convincing than evil, but it’s because their chemical structures are different. Like gold, good is never found in a pure state in nature: it therefore doesn’t seem impressive. It has the unfortunate tendency not to act; it prefers, passively, to be seen.

Patience is a part of boxing. After I had missed out on the Olympic gold medal in 1984, a lot of people tried to talk me into turning professional quickly to make money. They told me that the next Olympics in Seoul would be boycotted again, that I was wasting my life, blah blah. But I still had unfinished business. I wanted the gold medal, and I got it in ‘88. Only then was I ready to turn professional.

Put in every joke that's not a dud and then let's just start pulling the ones that work the least. You're just constantly sifting until you're left with the biggest chunks of gold. The audience also tells you what some of those chunks are. You can have your own favorites, and then, once you screen it for an audience, the audience tells you what they're entertained by. I feel like that's a big part of it.

The humblest observer who goes to the mines sees and says that gold-digging is of the character of a lottery; the gold thus obtained is not the same thing with the wages of honest toil. But, practically, he forgets what he has seen, for he has seen only the fact, not the principle, and goes into trade there, that is, buys a ticket in what commonly proves another lottery, where the fact is not so obvious.

You could take all the gold that's ever been mined, and it would fill a cube 67 feet in each direction. For what that's worth at current gold prices, you could buy all -- not some -- all of the farmland in the United States. Plus, you could buy 10 Exxon Mobils, plus have $1 trillion of walking-around money. Or you could have a big cube of metal. Which would you take? Which is going to produce more value?

Experience, however, shows that neither a state nor a bank ever have [sic] had the unrestricted power of issuing paper money without abusing that power; in all states, therefore, the issue of paper money ought to be under some check and control; and none seems so proper for that purpose as that of subjecting the issuers of paper money to the obligation of paying their notes either in gold coin or bullion.

It is rare that we use our thinking faculty as resolutely as an irishman his spade. To please our friends and relatives we turn out our silver ore in cartloads, while we neglect to workour mines of gold known only to ourselves far up in the Sierras, where we pulled up a bush in our mountain walk, and saw the glittering treasure. Let us return thither. Let it be the price of our freedom to make that known.

The god of the world is the gold and the silver. The world worships this god. It is all-powerful to them, though they might not be willing to acknowledge it. Now it is designed, in the providence of God, that the Latter-day Saints should show whether they have so far advanced in the knowledge, in the wisdom and in the power of God that they cannot be overcome by the god of the world. We must come to that point.

If government manages to establish paper tickets or bank credit as money, as equivalent to gold grams or ounces, then the government, as dominant money-supplier, becomes free to create money costlessly and at will. As a result, this 'inflation' of the money supply destroys the value of the dollar or pound, drives up prices, cripples economic calculation, and hobbles and seriously damages the workings of the market economy.

I have come across a dozen studies that shows that you get more phytonutrients and more minerals and vitamins from organic, but there are also studies that show that plants raised conventionally have more phytonutrients. And they trace it to the amount of nitrogen in the fertilizer used on conventional farms. The gold standard is choosing the most nutritious varieties and raising them organically, and that's what I recommend.

Emulation has been termed a spur to virtue, and assumes to be a spur of gold. But it is a spur composed of baser materials, and if tried in the furnace will be found to want that fixedness which is the characteristic of gold. He that pursues virtue, only to surpass others, is not far from wishing others less forward than himself; and he that rejoices too much at his own perfections will be too little grieved at the defects of other men.

In whatever system where the weight attached to the wheel should be the cause of motion of the wheel, without any doubt the center of the gravity of the weight will stop beneath the center of its axle. No instrument devised by human ingenuity, which turns with its wheel, can remedy this effect. Oh, speculators about perpetual motion, how many vain chimeras have you created in the like quest. Go and take you place with the seekers after gold.

On the contrary, it's because somebody knows something about it that we can't talk about physics . It's the things that nobody knows anything about that we can discuss. We can talk about the weather; we can talk about social problems; we can talk about psychology; we can talk about international finance gold transfers we can't talk about, because those are understood so it's the subject that nobody knows anything about that we can all talk about!

If one takes pleasure in calling the gold standard a "barbarous relic," one cannot object to the application of the same term to every historically determined institution. Then the fact that the British speak English - and not Danish, German, or French - is a barbarous relic too, and every Briton who opposes the substitution of Esperanto for English is no less dogmatic and orthodox than those who do not wax rapturous about the plans for a managed currency.

I'm not trying to say I accomplished nothing, I'm just trying to say that at this point in my life, I don't want to look at what I've accomplished and hold it like it's my trophy. I've got so much more to do; I don't want to put that gold medal around my neck yet. When I accomplish ten times what I've accomplished already, I'll start thinking about that. But a better way to put it is I kind of forget about it. I do it and I forget about it. And I just work.

It is a sobering fact that the prominence of central banks in this century has coincided with a general tendency towards more inflation, not less. [I]f the overriding objective is price stability, we did better with the nineteenth-century gold standard and passive central banks, with currency boards, or even with 'free banking.' The truly unique power of a central bank, after all, is the power to create money, and ultimately the power to create is the power to destroy.

It is no wrong or injustice that one has many bags of the finest myrrh and garments embroidered with gold, while another has not those things, which are not necessary for our maintenance; he who has them has not thereby obtained control over anything that could be an essential addition to his nature, but has only obtained something illusory or deceptive. ...This is the rule at all times and in all places; no notice should be taken of exceptional cases, as we have explained.

Did chemistry theorems exist? No: therefore you had to go further, not be satisfied with the quia, go back to the origins, to mathematics and physics. The origins of chemistry were ignoble, or at least equivocal: the dens of the alchemists, their abominable hodgepodge of ideas and language, their confessed interest in gold, their Levantine swindles typical of charlatans and magicians; instead, at the origin of physics lay the strenuous clarity of the West-Archimedes and Euclid.

It was the easiest thing in the world for Arya to step up behind him and stab him. “Is there gold hidden in the village?” she shouted as she drove the blade up through his back. “Is there silver? Gems?” She stabbed twice more. “Is there food? Where is Lord Beric?” She was on top of him by then, still stabbing. “Where did he go? How many men were with him? How many knights? How many bowmen? How many, how many, how many, how many, how many, how many? is there gold in the village?

Everyone asks about gold. This is the irony: just as Jim Grant tells us (correctly) that we all have faith-based paper currencies backed by nothing, it is equally fair to say that gold is a faith-based metal. It pays no dividend, cannot be eaten, and is mostly used for nothing more useful than jewelry. I would say that anything of which 75% sits idly and expensively in bank vaults is, as a measure of value, only one step up from the Polynesian islands that attached value to certain well-known large rocks that were traded.

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.

Most governments, not all of them, but most, certainly don't want their citizens using gold. They want them in the currency that they are creating. When they are debasing money, or printing money, they are spending it and they want it to have as much value as possible when they originally spend it. Of course once they spend it, it will lose value for them and everyone else that holds it. But they need demand for their currency. They need as many people as possible holding it and transacting it. The more people that use gold, the harder it makes it.

I'm here to tell you, though, ladies that the term "gold digger" is one of the traps we men set to keep you off our money trail; we created that term for you so that we can have all our money and still get everything we want from you without you asking for or expecting this very basic, instincual responsibility that men all over the world are obligated to assume and embrace. ... KNOW THIS: It is your right to expect that a man will pay for your dinner, your movie ticket, your club entry fee, or whatever else he has to pay for in exhange for your time.

Right now, I see a lot of alarming trends inside Russia, especially in Siberia, which I represent in the parliament. People start to ask questions: If we mine all the natural resources - if we have all the oil, all the gas, all the coal, all the gold, all the diamonds - why the hell do we need central Russia? They are just eating at our resources. Without Moscow having a response for this, it would face very nasty questions such as one that was asked during my recent reelection campaign - it actually became a slogan of my campaign - "Stop feeding Moscow."

However dangerous might be the shock of a comet, it might be so slight, that it would only do damage at the part of the Earth where it actually struck; perhaps even we might cry quits if while one kingdom were devastated, the rest of the Earth were to enjoy the rarities which a body which came from so far might bring it. Perhaps we should be very surprised to find that the debris of these masses that we despised were formed of gold and diamonds; but who would be the most astonished, we, or the comet-dwellers, who would be cast on our Earth? What strange being each would find the other!

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