Gold Coins

I went to America

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I went to America in the winter of 1872-73, authorised to secure, if I could, the passage of a bill demonetising silver. It was in the interest of those I represented – the governors of the Bank of England – to have it done. By 1873, gold coins were the only form of coin money. … Read more

Experience, however, shows that

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Experience, however, shows that neither a state nor a bank ever have [sic] had the unrestricted power of issuing paper money without abusing that power; in all states, therefore, the issue of paper money ought to be under some check and control; and none seems so proper for that purpose as that of subjecting the … Read more

I remember a story

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I remember a story of a girl in Paradise who ate an apple once. Some wise Sapient gave it to her. Because of it she saw things differently. What had seemed gold coins were dead leaves. Rich clothes were rags of cobweb. And she saw there was a wall around the world, with a locked … Read more

When people become frightened,

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When people become frightened, they look for things of real value. They will go to monetary metals, gold and silver, and they will buy other things, such as buying property. But no matter what we have, whether we have our gold coins or we have our property, if we have an authoritarian government, that is our greatest threat. So, I would like to think that there is no perfect protection, other than shrinking the size and scope and power of government, so that we can be left alone and take care of ourselves.
Ron Paul