I think there are some groups of stocks that are highly vulnerable because they're in cuckoo land in terms of valuations.

The problem with Mr. Obama is that you get more regulation and it's a disincentive for businessmen to hire people. You probably also get higher taxes, so in terms of the economy, he is very negative in my view.

When I look at asset prices; real estate, bonds, equities, vintage cars… I think that gold is actually one of the few assets that is relatively cheap, relatively inexpensive.

I am surprised with the reelection of Mr. Obama. The S&P is only down, like, 30 points. I would have thought that the market on his reelection should be down at least 50%.

I think there are some groups of stocks that are highly vulnerable because they're in cuckoo land in terms of valuations.

Something will break very bad.

It is clear to me that the financial sector, including CNBC, loves central banks