Gold is not overvalued at $500, and gold will not be overvalued at $1,500 or $2,000. The real money is buying gold and putting it away.

One day we're going to look back at $1,700 with nostalgia. People are going to be shocked at how inexpensive gold was when it could be snapped up for such a bargain price.

Printing money creates inflation, which weakens an economy. Unfortunately, this kind of common-sense thinking never seems to penetrate academic circles.

Minimum wage laws make it illegal for a worker to accept a job that pays less, even if the worker needs that job.

You don't drive an economy by consuming - the consumer is not the engine, the consumer is the caboose.

The real story of Detroit [...] can be summed up in seven words. Private enterprise built it, government destroyed it.

Fifty-dollar oil is just another stop on the road to much higher crude prices.