Revolutions usually start with enthusiasm and end in tears.

The laissez-faire argument relies on the same tacit appeal to perfection as does communism.

I called gold the ultimate bubble, which means it may go higher. But it’s certainly not safe and it’s not going to last forever.

When money is free, the rational lender will keep on lending until there is no one else to lend to.

It is much easier to put existing resources to better use, than to develop resources where they do not exist.

Economics seeks to be a science. Science is supposed to be objective and it is difficult to be scientific when the subject matter, the participant in the economic process, lacks objectivity.

I'm not better than the next trader, just quicker at admitting my mistakes and moving on to the next opportunity.