1. QUOTE from:
    Gold Holds Steady, Defying Short-Term Bears
    View quote in context »
    Gold does well when monetary and fiscal policies are poor and does poorly when they appear sensible ... Gold did very well during the Great Depression when FDR debased the currency. It did well again in the money printing 1970s, but collapsed in response to Paul Volcker's austerity. Full Article at The Market Oracle
    Gold does well when monetary and fiscal policies are poor and does poorly when they appear sensible ... Gold did very well during the Great Depression when FDR debased the currency. It did well again in the money printing 1970s, but collapsed in response to Paul Volcker's austerity.
    – David Einhorn SOURCE: The Market Oracle 1 month ago
All quotes from:
Gold Holds Steady, Defying Short-Term Bears
  1. Many speculators have rushed to jump on the bandwagon
    SOURCE: The Market Oracle 1 month ago
  2. Within the world of collateral, the mainstream products have been used for 20 to 30 years, and here we are talking about using a new asset.
    SOURCE: The Market Oracle 1 month ago
  3. Gold should [now] do very well if there is a sovereign debt default or currency crisis.
    SOURCE: The Market Oracle 1 month ago
  4. This type of [jewelry] buying will prove supportive for gold
    SOURCE: The Market Oracle 1 month ago
  5. You are not authorized to carry out this operation
    SOURCE: The Market Oracle 1 month ago
  6. It's going to start a whole range of exchanges using gold as collateral
    SOURCE: The Market Oracle 1 month ago
  7. Gold should do fine unless our leaders implement much greater fiscal and monetary restraint than appears likely
    – David Einhorn SOURCE: The Market Oracle 1 month ago
  8. But at the moment, the lack of buying in the physical market is overshadowed by investment interest on the back of a weaker Dollar.
    SOURCE: The Market Oracle 1 month ago
  9. As a rule of thumb, Mr, King makes about three significant policy speeches per year
    SOURCE: The Market Oracle 1 month ago

Recent Photos From The Wire

  1. Olympique Marseille's Lucho (L) scores against Real Madrid during their Champions League soccer match at the Velodrome stadium in Marseille December 8, 2009.
  2. CSKA Moscow fans celebrate their goal against Besiktas during their Champions League soccer match at Inonu stadium in Istanbul December 8, 2009.
  3. Bayern Munich's Ivica Olic (11) scores against Juventus during their Champions League match at the Olympic stadium in Turin December 8, 2009.
  4. Canada's Defence Minister Peter MacKay speaks during Question Period in the House of Commons on Parliament Hill in Ottawa December 8, 2009.
  5. Bayern Munich goalkeeper Hans Jorg-Butt (C) celebrates with his teammates Thomas Muller (R) and Bastian Schweinsteiger (L) after scoring a penalty against Juventus during their Champions League soccer match at the Olympic stadium in Turin December 8, 2009.
  6. Atletico Madrid's Maxi Rodriguez argues with the referee during their Champions League soccer match against Porto at Vicente Calderon stadium in Madrid December 8, 2009.
  7. MANDATORY CREDIT PHOTO BY DAVE M. BENETT/GETTY IMAGES REQUIRED) Amy Pascal attends the Gala Premiere of 'Did You Hear About The Morgans?' at the Odeon Leicester Square on December 8, 2009 in London, England.
  8. MANDATORY CREDIT PHOTO BY DAVE M. BENETT/GETTY IMAGES REQUIRED) Hugh Grant and Sarah Jessica Parker attend the Gala Premiere of 'Did You Hear About The Morgans?' at the Odeon Leicester Square on December 8, 2009 in London, England.
  9. TORONTO - DECEMBER 7: Maxim Afinogenov #61 of the Atlanta Thrashers skates up the ice during the game against the Toronto Maple Leafs on December 7, 2009 at the Air Canada Centre in Toronto, Ontario, Canada.
  10. MANDATORY CREDIT PHOTO BY DAVE M. BENETT/GETTY IMAGES REQUIRED) Elizabeth Hurley and Arun Nayar attend the Gala Premiere of 'Did You Hear About The Morgans?' at the Odeon Leicester Square on December 8, 2009 in London, England.
  11. TORONTO - DECEMBER 7: Ilya Kovalchuk #17 of the Atlanta Thrashers skates up the ice during the game against the Toronto Maple Leafs on December 7, 2009 at the Air Canada Centre in Toronto, Ontario, Canada.
  12. TORONTO - DECEMBER 7: Todd White #12 of the Atlanta Thrashers skates up the ice during the game against the Toronto Maple Leafs on December 7, 2009 at the Air Canada Centre in Toronto, Ontario, Canada.
  13. Christie's auctioneer James Bruce-Gardyne takes bids for the Raphael painting 'Head of a muse' during the 'Old Masters and 19th Century Art' auction held at their premises in London, Tuesday, Dec. 8, 2009. The painting fetched 26 million pounds (US$42,744,000; euro 28,704,000) and 29.2 millions pounds including fees, a record price for any old master drawing.
  14. CSKA Moscow's Alan Dzagoev, foreground, vies for the ball with Michael Fink of Besiktas during their Group B Champions League soccer match at Inonu Stadium in Istanbul, Turkey, Tuesday, Dec. 8, 2009.
  15. Manchester United's Ji-Sung Park, left, and Darren Fletcher, right, challenge for the ball against Wolfsburg's Edin Dzeko during the Champions League group B soccer match VfL Wolfsburg and Manchester United at the Volkswagen Arena in Wolfsburg, Germany, Tuesday Dec. 8, 2009.
  16. Bayern Munich midfielder Bastian Schweinsteiger, center n. 31, tries to dribbles past Juventus defender Nicola Legrottaglie, right, and Mauro German Camoranesi during a Champions League, group A, soccer match between Juventus and Bayern Munich at the Olympic stadium in Turin, Italy, Tuesday, Dec. 8, 2009.
  17. A Christie's employee removes the Raphael painting 'Head of a muse' after it was sold in the 'Old Masters and 19th Century Art' auction held at their premises in London, Tuesday, Dec. 8, 2009. The painting fetched 26 million pounds (US$42,744,000; euro 28,704,000) and 29.2 millions pounds including fees, a record price for any old master drawing.
  18. CSKA Moscow's Alan Dzagoev, left, and Milos Krasic celebrate with their suppoters after a goal against Besiktas during their Group B Champions League soccer match at Inonu Stadium in Istanbul, Turkey, Tuesday, Dec. 8, 2009.