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.

The jobs outlook in the U.S. isn't very good. And it's really about young people.

You need more people to perpetuate a myth because if the people stop the myth is known to all.

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.

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.

Challenging leaders is as American as it gets.