You need more people to perpetuate a myth because if the people stop the myth is known to all.
Rick SantelliOne thing that served me well with clients was that you back your winners and you back your losers.
Rick SantelliI can't remember the exact quote but when I used to trade and Mr. Volcker was Fed chairman, he said something like 'gold is my enemy, I'm always watching what gold is doing', we need to think why he made a statement like that. If you're a central banker or one of the congressmen or senators, watch what gold is doing because this is a no-confidence vote in fiscal and dollar policy.
Rick SantelliWhen you are facing the wilderness on your own, you have a totally different attitude to someone who works in government or who has a monthly cheque.
Rick Santelli