Inflation Hedge Quotes

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.

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.

I invest in anything that Bernanke can't destroy, including gold, canned beans, bottled water and flashlight batteries.

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.

The way I see it, gold is headed over $1000 an ounce, probably much higher. At anywhere near current prices, it's the lowest risk, highest potential investment I can think of.

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

The strength in gold is revealing the general weakness in the dollar.

Central banks are choosing to increase their gold holdings as a percentage of total reserves. They obviously think there is a reason to do that. It doesn't make sense to back up one currency with a hoard of other paper currencies. There needs to be a real anchor there. I think that central banks are well behind the curve. If you look at the percentage of above-ground gold controlled by central banks, it's historically low. Hence the fact that central banks are trying to increase their holdings. They've got a long way to go to get where they need to be.

I can't remember the exact quote but when I used to trade and Mr. Volcker was Fed chairman, he said something like 'gold is my enemy, I'm always watching what gold is doing', we need to think why he made a statement like that. If you're a central banker or one of the congressmen or senators, watch what gold is doing because this is a no-confidence vote in fiscal and dollar policy.

Gold is a commodity; over the long run, as we look back, it has not been a good investment. You can't look at the intrinsic value of gold as you can a business. Gold doesn't give you cash flow, and, at the end of the day, cash flow is what is important. Gold doesn't give you dividends.

Inflation, being a fraudulent invasion of property, could not take place on the free market.

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--what can it not do, and undo?

The average middle-income homeowner is the big winner in inflation. His labor income keeps up with prices, his home appreciates in real terms, and his home mortgage payment does not increase at all .... The wealthy have no safe and profitable store of value in times of inflation.

If you're afraid of inflation, I think - and if you can bring yourself to have a long horizon - and when I say long, I mean ten to 20 years, not the usual ten to 20 weeks - that locking up resources in the ground is a terrific idea.

Gold has no increasing value. And if you're really worried about, say, inflation rising, I would buy Spam. You know, you can eat Spam. You cannot eat gold.

If you are looking for a hedge for potential inflation for the future and have a longer term view, then gold is still a good bet.

Stocks actually can be a very good hedge against inflation, and short of hyperinflation, stocks will have the ability to increase their dividends to match the rise in prices.

Invest in inflation. It is the only thing going up.

I think anybody who is interested in keeping their money safe from the criminal banking system would want gold, silver, and Bitcoin.

Our basic thesis for bitcoin is that it is better than gold.

If we have wealth, it will be protected from inflation and possibly even enhanced in value.

There is no such thing as a riskless hedge against inflation.