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.

Occasionally, a man must rise above principles.

The dumbest reason in the world to buy a stock is because it's going up.

If you don't know jewelry, know the jeweler.

I have no use whatsoever for projections or forecasts. They create an illusion of apparent precision. The more meticulous they are, the more concerned you should be. We never look at projections, but we care very much about, and look very deeply at, track records. If a company has a lousy track record, but a very bright future, we will miss the opportunity.

We've got all the ingredients for a sensational future.

When you're associating with the people that you love, doing what you love, it doesn't get any better than that.