Conservatism leads nowhere; it satisfies no ideal.
Gold is a relic from a time when government's were less trustworthy in these matters (currency debasement) than they are now.
We will not have any more crashes in our time.
The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.
The markets are moved by animal spirits, and not by reason.
Ideas, knowledge, art, hospitality, travel - these are things which should in their nature be international. But let goods be homespun whenever it is reasonably and conveniently possible and above all let finance be primarily national.