In The News
And The Views
"I would argue that the most serious threat to the United States is not someone hiding in a cave in Afghanistan or Pakistan but our own fiscal irresponsibility."
- David Walker, US Comptroller General
"It's only when the tide moves out, do we learn who's been swimming naked".- Warren Buffett "The love and respect for gold is built into man's DNA, much to the frustration of the central bankers of the world. What stands between central bankers and their dream of running (ruling) the world? Answer -- gold. Why is that? It's because bankers can't print gold or create it out of thin air -- period."- Richard Russell "And right here let me say one thing: After spending many years in Wall Street and after making and losing millions of dollars, I want to tell you this: It never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls, in bull markets and early bears in bear markets. I've known many men who were right at exactly the right time, and began buying or selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine-that is, they made no real money out of it. Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money. It is literally true that millions come easier to a trader, after he knows how to trade than hundreds did in the days of his ignorance". -Jesse Livermore (Reminiscences of a Stock Operator) "Most people only want to hear what they want to hear, while few will act on what they see
". - Kevin Haggerty "History never repeats itself, but sometimes it rhymes". - Mark Twain "If you're riding' ahead of the herd, take a look back every now and then to make sure it's still there". - Will Rogers