Gold Quotes
Samuel Langhorne Clemens, 1835-1910
Any fortress can be stormed provided there is a way up for a donkey with a load of gold on his back.
The greatest general and conqueror always tried to avoid a battle and casualties whenever possible. He was a master and bribing corrupt officials to surrender forts and cities or to disclose weaknesses in the defense. Gold was one of his major weapons.
Economists they world over have differed as to how critical it was to have a money supply that is based on a gold standard or other precious metal. United States history has had a dispute over whether the money should be backed by gold or silver. Finally, under the Richard M. Nixon administration, the United States went off the gold standard and American money ever since is only backed by the ‘full faith and credit’ of the United States. Some politicians like Paul believe this is a poor policy since it allows governments to control their own money supply irrespective of their gold or silver holdings. Paul goes further than most and sees freedom itself dependent on a precious metal standard. Most politicians disagree.
