Kevin O'Leary 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.

Historically, gold has always been a safe haven against inflation and a safe haven in times of political instability.

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

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

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

The major asset in this category is gold, currently a huge favorite of investors who fear almost all other assets, especially paper money (of whose value, as noted, they are right to be fearful). Gold, however, has two significant shortcomings, being neither of much use nor procreative. True, gold has some industrial and decorative utility, but the demand for these purposes is both limited and incapable of soaking up new production. Meanwhile, if you own one ounce of gold for an eternity, you will still own one ounce at its end.

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

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

Gold, on the contrary, though of little use compared with air or water, will exchange for a great quantity of other goods.

Money: power at its most liquid.

Gold actually has properties - you can use gold for all sorts of things. People value gold for the metal. Nobody values bitcoin for the bitcoin; they value it because they believe that they can exchange it for something else.

Gold has worked for thousands of years, but now with the Internet, it works even better.

I've been buying real estate because it's an asset I can control, that I could finance extremely cheaply if I chose to. I do not choose to; I buy my real estate in cash. I'm not interested in making money on it. I just want to keep my money safe.

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

Gold were as good as twenty orators.

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

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

In peace and war it's always money.

When you have stability, you have at least an opportunity to enjoy prosperity because investment flows. Business tends to follow the flag. When they find a secure environment, they will invest.

The most important quality of a currency is its stability.

Credit is the lifeblood of business, the lifeblood of prices and jobs.

Social Security has proved far more solvent and sound than anything Wall Street has produced.

Monetary stability is a cornerstone of the social contract.

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