Potent as was the wonderful lamp of Aladdin, and magnificent as were its successes, the power of gold has equalled in its marvellous effects all that the warm orient fancy has pictured for us in the Arabian Nights. Gold has done even more than ever mere magician achieved. It certainly has operated magically in Australia, and in no part of the country has it created greater marvels than in Ballarat ...
Quote search results. More quotes will automatically load as you scroll down, or you can use the load more buttons.
But still less should the gold of rich men lazily sleep its heavy sleep in the urns and gloom of treasuries. This so weighty metal, when it becomes the associate of a fancy, assumes the most active virtues of the mind. It has her restless nature. Its essence is to vanish. It changes into all things, without being itself changed. It raises blocks of stone, pierces mountains, diverts rivers, opens the gates of fortresses and the most secret hearts; it enchains men; it dresses, it undresses women with an almost miraculous promptitude. It is truly the most abstract agent that exists, next to thought. But thought exchanges and envelops images only, whereas gold incites and promotes the transmutations of all real things into one another; itself remaining incorruptible, and passing untainted through all hands.
The dance of atoms, electrons and nuclei, which in all its fury is subject to God's eternal laws, has been entangled with another restless Universe which may well be the Devil's: the human struggle for power and domination, which eventually becomes history. My optimistic enthusiasm about the disinterested search for truth has been severely shaken. I wonder at my simplemindedness when I re-read what I said on the modern fulfilment of the alchemists dream: "Now however, the motive is not the lust for gold, cloaked by the mystery of magic arts, but the scientists' pure curiosity. For it is clear from the beginning that we may not expect wealth too." Gold means power, power to rule and to have a big share in the riches of this world. Modern alchemy is even a short-cut to this end, it provides power directly; a power to dominate and to threaten and hurt on a scale never heard of before. And this power we have actually seen displayed in ruthless acts of warfare, in the devastation of whole cities and the destruction of their population.
And just think what rare delights—nay, what whole sets of ecstasies and blisses—this much gold would buy. How fortunate that metal was mindless slave of the man who held it!
It isn't the gold that changes man, it is the power which gold gives to man that changes the soul of man. This power, though, is only imaginary. If not recognized by other men, it does not exist.
There is something about gold that has an effect on human judgment similar to that of heroin or cocaine.
Mapmakers of Europe and navigators of the Indies once thought Australian seas washed the isles of gold. Even after navigators had seen the north-west coast of Australia it was named on one map the coast of gold. Unknown coasts were treasurelands; imagination shaped and gilded them. Then slowly Dutch and British voyagers tarnished the gilt, and Australia turned from a land of reward to a land of punishment when Great Britain dumped convicts and guards at Sydney in 1788. The imagination of the ancients had more truth than the knowledge of the moderns, but for two generations the settlers did not know that their prison had bars of gold.
Premium members can get their quote collection automatically imported into their Quotewise collections.
Gold is a way of going long on fear, and it has been a pretty good way of going long on fear from time to time. But you really have to hope people become more afraid in a year or two years than they are now. And if they become more afraid you make money, if they become less afraid you lose money, but the gold itself doesn’t produce anything.
The legend of King Midas has been generally misunderstood. Most people think the curse that turned everything the old miser touched into gold, leaving him unable to eat or drink, was a lesson in the perils of avarice. But Midas’s true sin was his failure to understand monetary economics. What the gods were really telling him is that gold is just a metal. If it sometimes seems to be more, that is only because society has found it convenient to use gold as a medium of exchange—a bridge between other, truly desirable, objects. There are other possible mediums of exchange, and it is silly to imagine that this pretty, but only moderately useful, substance has some irreplaceable significance.
Loading more quotes...
Quotes