One day the price of gold will be higher than the Dow Jones.

What I object to the current government intervention in so-called 'solving the crisis', they haven't solved anything. They've just postponed it.

Something will break very bad.

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

One day the price of gold will be higher than the Dow Jones.

As an observer of markets - whenever everyone focuses on one thing - like Greece and Europe - maybe they miss issues that are far more important - such as a meaningful slowdown in India and China.

Given all the money printing that is going on globally - and not just in the US - and given that the total credit as a percent of the advanced economies is now 30% higher than in 2007 before the crisis hit, I think that gold is a good insurance.