31 Fascinating Quotes About Gold
31 Fascinating Quotes About Gold
Timeless wisdom and insights about gold's enduring significance from famous figures throughout history
Gold is a truly timeless metal. For at least five thousand years, people have sought after and used gold. It never rusts or corrodes. It's also the most malleable metal that exists on planet Earth.
Because gold is a substance with these very special properties, it has a long history of symbolic meaning for humanity. As such, there are many famous quotes about gold across different times and cultures around the world.
5,000+ Years
Historical significance
Never Rusts
Permanent durability
Most Malleable
Unique physical properties
Universal Symbol
Cross-cultural meaning
Quote Collections
Inspirational Gold Quotes
Investment Wisdom
Ralph Waldo Emerson's insight about gold representing "freedom and benefit" resonates today with investors who purchase gold as financial security and portfolio diversification. Gold's appeal extends beyond its physical properties to its role as a store of value.
Gold Proverbs Throughout History
Cultural Wisdom
These proverbs from different cultures demonstrate gold's universal recognition as a symbol of power, authenticity, and value. The Chinese proverb about "real gold" not fearing the melting pot particularly resonates with investors who see precious metals as tested stores of value during economic uncertainty.
European Wisdom
Italian, Russian, and Latin proverbs emphasize gold's power to influence decisions and open doors, reflecting centuries of observation about gold's role in society.
Eastern Philosophy
Chinese proverbs focus on authenticity and balance, warning against both doubt in genuine value and excessive attachment to material wealth.
Gold And Money
Monetary Insight
J.P. Morgan's famous declaration that "gold is money" remains relevant today as investors seek alternatives to fiat currencies. Both gold and silver continue to serve monetary functions in investment portfolios, providing tangible value independent of government backing.
Historical Perspective
From J.P. Morgan to Alan Greenspan, financial leaders across centuries have recognized gold's unique monetary properties. These insights remain relevant for modern investors considering precious metals.
Modern Application
Tracking gold prices and silver market trends helps investors apply these monetary insights to contemporary portfolio strategy.
The Gold Standard
Inflation Protection
Alan Greenspan's observation about protecting savings from inflation remains highly relevant today. Many investors turn to precious metals as hedges against currency debasement, making understanding of both gold and silver price movements essential for portfolio protection strategies.
Economic Philosophy
- Political independence of value
- Protection from inflation
- Financial system discipline
- Price stability mechanisms
Modern Relevance
- Portfolio diversification benefits
- Hedge against currency risks
- Store of value properties
- Historical wealth preservation
Consider these principles when evaluating gold investment strategies for your portfolio.
The Enduring Wisdom of Gold
These 31 quotes span centuries and cultures, yet they share common themes: gold's reliability, its role as a store of value, and its independence from political manipulation. Whether viewed through the lens of ancient proverbs, economic theory, or investment strategy, gold continues to inspire wisdom about wealth, value, and financial security.
For modern investors, these historical perspectives provide context for understanding why gold remains relevant in contemporary portfolios. The metal's enduring appeal reflects the timeless human need for financial security and protection against economic uncertainty.
Disclaimer: These quotes are presented for educational and inspirational purposes only and should not be considered financial advice. Precious metal investments involve risk, including potential loss of principal. Always consult with qualified financial advisors before making investment decisions.
—Latin proverb "The miser does not own the gold, the gold owns the miser."
—Chinese proverb ##Gold And Money## "Gold is money. Everything else is credit."
—JP Morgan
—Karl Marx
—Anee-Robert-Jacques Turgot "Gold still represents the ultimate form of payment in the world. Fiat money in extremis is accepted by nobody. Gold is always accepted."
—Alan Greenspan "Governments lie; bankers lie; even auditors sometimes lie. Gold tells the truth."
—Lord Rees Mogg "Because gold is honest money, it is disliked by dishonest men."
—Ron Paul "We have gold because we cannot trust governments."
—Herbert Hoover "Gold will be around, gold will be money when the dollar and the euro and the yuan and the ringgit are mere memories."
—Richard Russell ##The Gold Standard## "The superiority of the Gold Standard consists in the fact that the value of gold develops independent of political actions."
—Ludwig von Mises "In the absence of the Gold Standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value."
—Alan Greenspan "The Federal Reserve Act as it stands seems to me to open the way to a vast inflation of the currency. I do not like to think that any law can be passed that will make it possible to submerge the gold standard in a flood of irredeemable paper currency."
—Henry Cabot Lodge "[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."
—Paul Volcker "The reason we need to have a gold and silver-based currency is to bring discipline to the financial system so the government can’t go out and do all sorts of bad things."
—Bernard von NotHaus "A real gold standard is thoroughly consistent with [classical] liberal principles and I, for one, am entirely in favor of measures promoting its development."
—Milton Friedman ---------- **Read more information about precious metals from the experts at Gainesville Coins:** [Why Is Gold So Valuable? [Updated for 2022]](/blog/why-is-gold-valuable-complete-guide) [How Much Silver Is There in the World?](/blog/how-much-silver-in-the-world) [Why You Can't Buy Gold or Silver at Spot Price](/blog/why-you-cant-buy-silver-at-spot-price) [The Basics of Gold Bullion: Everything You Need to Know](/blog/what-is-bullion) [Why Palladium Prices Keep Going Up](/blog/why-palladium-prices-keep-going-up)