Store of Value Quotes

I don't even look at gold as gold anymore. Gold is just another piece of paper.

Gold is money. Everything else is credit.

Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it.

People would rather have art or gold instead of paper money.

Gold is the corpse of value.

Although gold and silver are not by nature money, money is by nature gold and silver.

I do know that throughout history, all paper money has eventually come back to its true value, which is zero.

I believe that Bitcoin holds value as a form of 'good money' that is superior to any previously discovered or developed form of money.

If you don't own Gold, you know neither history nor economics.

Bitcoin is not an actual physical coin, and if computers are shut down, you can't buy or sell them. That's why nothing will ever replace gold and silver coins themselves, and all investors should have them at home or in a safe deposit box.

Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match.

The obsession with gold, actually and politically, occurs among those who regard economics as a branch of morality. Gold is solid, gold is durable, gold is rare, gold is even (in certain very peculiar circumstances) convertible. To believe in thrift, solidity and soundness is to believe in some way in the properties of gold.

Bitcoin as an asset class is brilliant, as a means of payment, fantastic.

Money is the representative of a certain quantity of corn or other commodity. It is so much warmth, so much bread.

Gold is a wonderful clearer of the understanding; it dissipates every doubt and scruple in an instant.

O Gold! I still prefer thee unto paper, which makes bank credit like a bark of vapour.

Back in 1960, the paper dollar and the silver dollar both were the same value. They circulated next to each other. Today? The paper dollar has lost 95% of its value, while the silver dollar is worth $34, and produced a 2-3 times rise in real value. Since we left the gold standard in 1971, both gold and silver have become superior inflation hedges.

From a strictly economic point of view, buying gold in a major inflation and holding it probably presents the least risk of capital loss of any investment or speculation.

There can be no other criterion, no other standard than gold. Yes, gold which never changes, which can be shaped into ingots, bars, coins, which has no nationality and which is eternally and universally accepted as the unalterable fiduciary value par excellence.

Gold is not overvalued at $500, and gold will not be overvalued at $1,500 or $2,000. The real money is buying gold and putting it away.

Gold is hoarded. It's estimated that 95 percent of all gold ever mined is still around.

A currency designed for long-term storage and investment doesn't do so well at encouraging transactions and exchange in the moment.

The superiority of the gold standard consists in the fact that the value of gold develops independent of political actions.

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.

Gold is as steady as a rock, a standardbearer by which all currencies can be accurately measured.