In fact, in my adult lifetime, I don't think I've ever seen people as fearful economically as they are right now.

It is to our advantage to have securities do nothing price-wise for months, or perhaps years, while we are buying them.

We do not have, nor have had, and never will have an opinion about where the stock market, interest rates, or business activity will be a year from now.

We have a country where I don't know whether it's a million households a year or more, but good form.

Stop trying to predict the direction of the stock market, the economy or elections.

I do not believe in inheriting your position in society based on which womb you come from... I think a rich person should leave his children enough so they can do anything, but not enough so they can do nothing.

What motivates most gold purchasers is their belief that the ranks of the fearful will grow. During the past decade that belief has proved correct. Beyond that, the rising price has on its own generated additional buying enthusiasm, attracting purchasers who see the rise as validating an investment thesis. As 'bandwagon' investors join any party, they create their own truth - for a while.