Challenging Leaders Is As American

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.

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 Don't Believe Anyone Should Ignore All The Fires Around You And Stand Pat And Not Worry About Getting Singed.

One Thing That Served Me Well With Clients Was That You Back Your Winners And You Back Your Losers.