John Paulson Quotes

If you want an alternative currency, check out gold. It has stood the test of thousands of years as a store of value and medium of exchange.

In these times of uncertainty for paper-based currency, I feel more secure in holding gold.

You'd be safe to hold 5% of your assets and savings in gold and silver. Insurance for the future.

I like gold because it is a stabilizer; it is an insurance policy.

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.

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

Right now the long-term investors are telling us that they're not as concerned about inflation and so we're seeing these rates now move into the marketplace and out to the street - rates that individuals can get.

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

Gold and silver afford the only safe foundation for a monetary system.

It's not hard to generate a paper fortune in a huge inflation. All you have to do is own the most important economic assets: energy, communication, and transportation.

Gold is the key, whatever else we try; and that sweet metal aids the conqueror in every case, in love as well as war.

Gold has two significant shortcomings, being neither of much use nor procreative.

Gold has at all times been considered the best of testimonies of good faith.

We have gold because we cannot trust governments

Investors need to get rewarded for their investment, especially in unstable countries.

One day we will have more inflation, and our bonds will bleed like a pig. The only reason for buying long bonds is short-term or as a desperate haven for terrorized investors. But the potential to make longer-term real money is naught.

I don't know what a credit bubble means. I don't even know what a bubble means. These words have become popular. I don't think they have any meaning.

Nobody at CNBC owns gold. Nobody at Bloomberg owns gold. Gold is being constantly talked down by the media, and Fed officials, and economists, who also don't own any gold. They're all stocked up in equities.

I never look at it like I'm wasting money when I'm buying gold.

Investors should be cautiously positioned as the global economy and markets face major uncertainties. The downgrade will be a further headwind to growth and job creation in the U.S.

A third force, developing itself more slowly, becomes even more potent than the rest: the power of gold.

People working in the private sector should try to save money. There remains the possibility that it may someday be valuable again.

I believe in the gold standard. I like solid lumps of things. You can always melt them down.

By the experience of commercial nations in all ages it has been found that gold and silver afford the only safe foundation for a monetary system.

Treasury notes are a precarious substitute either for coin or for bank notes, charges as they are with a growing interest, productive of no countervailing profit or emolument, and exposed to every breadth of popular prejudice or alarm.