When 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.

In normal times, investors should pay more attention to the credit markets because it's the energy by which everything is driven. It's the oil in the engine.

I 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.

I don't believe anyone should ignore all the fires around you and stand pat and not worry about getting singed.

When 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.

Our society, our culture - the greatness of America - goes hand-in-hand with energy, and our leaders need to wake up. We need energy, OK?

Challenging leaders is as American as it gets.