Quotes & Sayings About Gold Investment

Data matters. It's the very essence of what we care about. Personal data is not equivalent to a real person - it's much better. It takes no space, costs almost nothing to maintain, lasts forever, and is far easier to replicate and transport. Data is worth more than its weight in gold - certainly so, since data weighs nothing; it has no mass. Data about a person is not as valuable as the person, but since the data is so much cheaper to manage, it's a far better investment. Alexis Madrigal, senior editor at The Atlantic, points out that a user's data can be purchased for about half a cent, but the average user's value to the Internet advertising ecosystem is estimated at $1,200 per year. Data's value - its power, its meaning - is the very thing that also makes it sensitive. The more data, the more power. The more powerful the data, the more sensitive. So the tension we're feeling is unavoidable. — Eric Siegel

If you have the opportunities of Berkshire, an investment in gold is dumb. — Charlie Munger

As the prosperity of the nation and the height of wage rates depend on a continual increase in the capital invested in its plants, mines and farms, it is one of the foremost tasks of good government to remove all obstacles that hinder the accumulation and investment of new capital. — Ludwig Von Mises

A guy from Bear Stearns had visited our class, thin and bald with a gold watch. He told us that if we were interested in getting into finance, we had better work hard and smart because a lot of machines were able to make investment decisions now, and in the future, computer programs would run everything. — Ned Vizzini

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. — Doug Casey

America today has insufficient savings to finance both crucial investment and its consumption of imports. — James Dale Davidson

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. — Henry Hazlitt

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. — Michael Lee-Chin

I've not found ! one single mutual fund, one single real estate investment, any gold, silver or anything else that has given me higher returns than: me investing in myself. — Patrick Bet-David

Gold is no longer an investment. Gold is no longer a portfolio item. Gold is certainly not a trading vehicle. Gold is your lifeline and I mean that literally. — Jim Sinclair

gold is valuable as a currency or investment because we believe it is valuable (which is the same reason for valuing money itself). Gold's value as currency is an abstract social construct. — Paul Vigna