Precious Metal Quotes

• An excellent man, like precious metal, is in every way invariable; A villain, like the beams of a balance, is always varying, upwards and downwards.

  John Locke

  Integrity, Men, Balance

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• If precious metals had been abundant, they would not have been precious.

  Henry Hazlitt

  Metals, Has Beens, Ifs

  Henry Hazlitt (1959). “The failure of the "new economics": an analysis of the Keynesian fallacies”

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• As in digging for precious metals in the mines, much earthy rubbish has first to be troublesomely handled and thrown out; so, in digging in one's soul for the fine gold of genius, much dullness and common-place is first brought to light.

  Herman Melville

  Creativity, Light, Soul

  Herman Melville (2016). “Pierre; or The Ambiguities”, p.327, Herman Melville

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• Important reserves of natural resources, like petroleum and precious metals, are the bulwarks for laying the foundations for the future.

  Enrique Peña Nieto

  Important, Foundation, Natural

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• La insignificante economía del papel, como un medio más barato, o su conveniencia para la transmisión, no pesa nada en oposición a las ventajas de los metales preciosos, es susceptible de ser abusado, ha sido, es, y siempre será abusado, en todos los países en los que está permitido.

  Thomas Jefferson

  Country, Forever, Paper

  Thomas Jefferson (2010). “The Works of Thomas Jefferson: Correspondence and Papers, 1808-1816”, p.331, Cosimo, Inc.

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• Creo que hay un elemento mágico en la fotografía: la luz, la química, los metales preciosos, una cierta alquimia. Se puede manejar una cámara casi como una varita mágica. Murmura las palabras adecuadas y podrás conjurar la prueba de un sueño. Creo en la maravilla. Lo busco en mi vida cada día; lo encuentro en las cosas más cotidianas.

  Keith Carter

  Fotografía, Soñar, Creer

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• From the inception of our nation our American ancestors intended for the United States to operate under a precious-metals monetary system or, more specifically, under a monetary system in which people used gold and silver coins rather than paper money as the media of exchange.

  Jacob G. Hornberger

  Media, People, Gold

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• Until government administrators can so identify the interests of government with those of the people and refrain from defrauding the masses through the device of currency depreciation for the sake of remaining in office, the wiser ones will prefer to keep as much of their wealth in the most stable and marketable forms possible - forms which only the precious metals provide.

  Elgin Groseclose

  Government, People, Office

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• If there were as great a scarcity of soil as of jewels or precious metals, there would not be a prince who would not spend a bushel of diamonds and rubies and a cartload of gold just to have enough earth to plant a jasmine in a little pot, or to sow an orange seed and watch it sprout, grow, and produce its handsome leaves, its fragrant flowers, and fine fruit.

  Galileo Galilei

  Flower, Jewels, Orange

  Galileo Galilei, Andrea Frova, Mariapiera Marenzana (2006). “Thus Spoke Galileo: The Great Scientist's Ideas and Their Relevance to the Present Day”, p.174, Oxford University Press

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• If possible, be Russian. And live in another country. Play chess. Be an active trader between languages. Carry precious metals from one to the other. Remind us of Stravinsky. Know the names of plants and flying creatures. Hunt gauzy wings with snares of gauze. Make science pay tribute. Have a butterfly known by your name.

  Vladimir Nabokov

  Life, Country, Butterfly

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• Soaring prices for crude oil, falling production surpluses, wild speculation in commodities, a rush into the precious metals, turmoil in the Middle East, assertive oil producers: it is 1973-74 all over again, and at dictation speed.

  James Buchan

  Fall, Oil, Middle East

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• Cuando por fin tuve la oportunidad de hacer realidad mi sueño infantil -como cofundador y presidente de Moon Express-, mi objetivo era ampliar la participación en la exploración lunar y conectar al ciudadano de a pie con sus resultados. Planeamos enviar robots exploradores -no humanos- a la Luna para buscar metales preciosos y minerales raros en su superficie.

  Naveen Jain

  Dream, Moon, Reality

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• There is here a great melting pot in which we must compound a precious metal. That metal is the metal of nationality.

  Woodrow Wilson

  Melting Pot, Compounds, Metals

  Woodrow Wilson (1916). “Wit and Wisdom of Woodrow Wilson: Extracts from the Public Speeches of the Leader and Interpreter of American Democracy, with Masterpieces of Eloquence”, Best Books

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• Society established gold and silver as a circulating medium and as a legal tender in order that exchanges of commodities might be facilitated; but society blundered in so doing; for, by this very act, it gave to a certain class of men the power of saying what exchanges shall, and what exchanges shall not, be facilitated by means of this very circulating medium. The monopolizers of othe precious metals have an undue power over the community: they can say whether money shall, or shall not, be permitted to exercise its legitimate functions.

  William Batchelder Greene

  Mean, Exercise, Men

  William Batchelder Greene (1875). “Socialistic, Communistic, Mutualistic, and Financial Fragments”, p.39

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• When depreciated, mutilated, or debased coinage (or currency) is in concurrent circulation with money of high value in terms of precious metals, the good money automatically disappears.

  Thomas Gresham

  Currency, Disappear, Term

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• By multiplying the means of gratification, by promoting the introduction and circulation of the precious metals, those darling objects of human avarice and enterprise, it serves to vivify and invigorate the channels of industry, and to make them flow with greater activity and copiousness. The assiduous merchant, the laborious husbandman, the active mechanic, and the industrious manufacturer,-all orders of men, look forward with eager expectation and growing alacrity to this pleasing reward of their toils.

  Alexander Hamilton

  Media, Hombres, Orden

  Alexander Hamilton, James Madison, John Jay (2015). “The Federalist Papers: A Collection of Essays Written in Favour of the New Constitution”, p.58, Coventry House Publishing

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• The geographical movement of money and commodities as capital is not the same as the movements of products and of precious metals. Capital is, after all, money used in a certain way, and is by no means identical with all money uses.

  David Harvey

  Mean, Use, Movement

  "The Limits To Capital". Book by David Harvey, 1982.

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• El monopolio de un solo banco es ciertamente un mal. La multiplicación de ellos pretendía remediarlo; pero multiplicó una influencia del mismo carácter que la primera, y completó la suplantación de los metales preciosos por una circulación de papel. Entre tales partes, cuanto menos nos metamos, mejor.

  Thomas Jefferson

  Party, Character, Evil

  Thomas Jefferson, Henry Augustine Washington (1854). “The Writings of Thomas Jefferson: Correspondence, contin”, p.440

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• A menudo se observa que, al igual que cuando se excavan las minas en busca de metales preciosos, primero hay que manipular y arrojar a la basura muchos desperdicios terrenales; así, cuando se excava en el alma en busca del oro fino del genio, primero se saca a la luz mucha monotonía y lugares comunes. Feliz sería si el hombre poseyera en sí mismo algún receptáculo para su propia basura de este tipo; pero es como el ocupante de una vivienda, cuyos desperdicios no pueden ser guardados en su propio sótano, sino que deben ser depositados en la calle ante su propia puerta, para que los funcionarios públicos se encarguen de ellos.

  Herman Melville

  Hombres, Luz, Puertas

  Herman Melville (1852). "Pierre; Or, The Ambiguities", p.351

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• Estamos saturados de instituciones bancarias que han desterrado los metales preciosos y los han sustituido por un medio más fluctuante e inseguro... Han retirado capital de mejoras y empleos útiles para alimentar la ociosidad... Estos son males más fáciles de deplorar que de remediar.

  Thomas Jefferson

  Wisdom, Evil, Employment

  Thomas Jefferson (1853). “The Writings of Thomas Jefferson: Correspondence, cont”, p.516

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• President Marcos was investing in precious metals long before he entered politics.

  Imelda Marcos

  Long, President, Investing

  Today, April 1998.

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• A great and frequent error in our judgment of human nature is to suppose that those sentiments and feelings have no existence, which may be only for a time concealed. The precious metals are not found at the surface of the earth, except in sandy places.

  Arthur Ayuda

  Character, Errors, Feelings

  Sir Arthur Helps (1892). “Essays and Aphorisms”

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• As in many countries precious metals belong to the crown, so here more precious natural objects of rare beauty should belong to the public.

  Henry David Thoreau

  Country, Rare Beauty, Crowns

  Henry David Thoreau (2013). “Delphi Complete Works of Henry David Thoreau (Illustrated)”, p.3047, Delphi Classics

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• We are so vain as to set the highest value upon those things to which nature has assigned the lowest place. What can be more coarse and rude in the mind than the precious metals, or more slavish and dirty than the people that dig and work them? And yet they defile our minds more than our bodies, and make the possessor fouler than the artificer of them. Rich men, in fine, are only the greater slaves.

  Séneca el Joven

  Dirty, Men, People

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• In practice [monetary management] is merely a high-sounding euphemism for continuous currency debasement. It consists of constant lying in order to support constant swindling. Instead of automatic currencies based on gold, people are forced to take managed currencies based on guile. Instead of precious metals they hold paper promises whose value falls with every bureaucratic whim. And they are suavely assured that only hopelessly antiquated minds dream of returning to truth and honesty and solvency and gold.

  Henry Hazlitt

  Dream, Honesty, Lying

  "What You Should Know about Inflation".

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