Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.

Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.

What an ideology is is a conceptual framework with the way people deal with reality. Everyone has one. You have to, to exist you need an ideology. The question is whether it is accurate or not.

Indeed, better risk management may be the only truly necessary element of success in banking.

Cash is available and we should use that in larger amounts, as is necessary, to solve the problems of the stress of this.

Without calling the overall national issue a bubble, it's pretty clear that it's an unsustainable underlying pattern.

I believe that the general growth in large [financial] institutions have occurred in the context of an underlying structure of markets in which many of the larger risks are dramatically -- I should say, fully -- hedged.