Herbert Hoover 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.

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

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.

People should have an escape valve for their money, their assets. If you have substantial financial assets, the government is going to confiscate the purchasing power of those assets and spend it.

You could be worth $2 billion today and a half a billion tomorrow. It doesn't take much for this to disappear overnight.

Physical wealth has not necessarily been very secure.

I don't rely on off-shore tax havens, and I don't want to invest in stocks and shares as we have seen how volatile that game has been since the financial crash.

Gold still represents the ultimate form of payment in the world. Fiat money in extremis is accepted by nobody. Gold is always accepted.

Gold, unlike all other commodities, is a currency...and the major thrust in the demand for gold is not for jewelry. It's not for anything other than an escape from what is perceived to be a fiat money system, paper money, that seems to be deteriorating.

Paper currency has hitherto been regarded with suspicion, as insecure.

We all are faced by problems of 'How am I going to get the rent?' or 'Am I going to have this job six months from now?' It's very difficult to define in your life a victory.

A perfect storm is in the making: financial uncertainty, economic downturn, government cuts, rising unemployment and a future that looks less clear the more we try to fathom it.

Remember, gold and silver always have had value and never have gone to zero. Can you say the same for stocks and bonds?

I own two beautiful homes, and I'm always half-expecting the cops to pull in, seize me with firm compassion, and escort me out.

There is so much uncertainty out there, and the government in Washington doesn't seem to get it. What's needed is a new business environment.

Everyone is exposed to economic risks of some kind.

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

Our nest eggs, no matter how small, are safe.

No one has any idea what's next... the uncertainty of the business climate in America is frightening, frightening to everybody, and it's delaying the recovery.

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. ... … Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.

Markets don't like instability, investors shy away from uncertainty, and consumer confidence goes down in difficult times.

In 1975, I quit my tenure, and we moved from Ann Arbor to New Hampshire. It was daunting to pay for groceries and the mortgage by freelance writing - but it worked, and I loved doing it.

And I don't want my assets to be stuck inside a banana republic in the midst of a huge socialist experiment.

I'm thankful for what I've got, but I'm cramming all my money into a trust fund because I don't ever want to look around and wonder where all my money went.