The thought of how far the human race would have advanced without government simply staggers the imagination.

There's no doubt in my mind that we'll have a mania in gold. And because the gold and especially silver markets are so tiny, the rush into them will be like trying to push the contents of Hoover Dam through a garden hose. Our positions will go absolutely ballistic.

Trusting the government with money creation is like trusting a drunk with a whiskey factory.

People who buy government debt deserve to be punished and taught a lesson

The time will come, and probably during 2009, that the only way the U.S. will be able to fund its deficits is to create money by printing it. The Treasury will have to sell bonds, and, in the absence of foreign buyers, the Fed will have to print the money to buy them. The consequence will be runaway inflation, increasing interest rates, recession, and inevitable tax increases on all Americans.

So-called 'higher education' is a veritable magnet for second-raters and actively destructive parasites bent on promoting unsound ideas to the inexperienced and gullible. The concentrate in areas like social studies, literature, and art - where opinion reigns supreme. And I find their opinions almost universally appalling.

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.