Over the long run, the price of gold approximates the total amount of money in circulation divided by the size of the gold stock. If the market price of gold moves a long way from this level, it may indicate a buying or selling opportunity.
Ray DalioRadical transparency fosters goodness in so many ways for the same reasons that bad things are more likely to take place behind closed doors.
Ray DalioPrinciples are what allow you to live a life consistent with those values. Principles connect your values to your actions.
Ray Dalio