“Given all the money printing that is going on globally - and not just in the US - and given that the total credit as a percent of the advanced economies is now 30% higher than in 2007 before the crisis hit, I think that gold is a good insurance.” ThinkingGivenEconomyHigherPercentGoldCrisisCreditPrinting Author:Marc Faber
“Seventy percent of a first draft is garbage and 30 percent is gold, but you have to write 100 percent to get that 30.” WritingFirstsPercentGoldSeventiesGarbage Author:Laurell K. Hamilton
“10 years ago [in 2006], nearly 90 percent of those albums sold enough in that year to reach Gold status. 10 years later, about 30 percent were eligible. With the new rules, we figure about 40 percent of the top 200 best-sellers for the year will be eligible. We were very cautious in our approach to changing how we calculate what is eligible because the integrity of the process is our foremost consideration. It's difficult to get certified sales awards, and it's a big deal and we didn't want there to be a huge change in how many would be eligible.” WantYearsEnoughBigsWould BeProcessDifficultDealsFiguresHugeIntegrityApproachPercentYears AgoGoldAlbumsConsiderationAwardsBig DealCautiousSellersBest SellersHuge Changes Author:Cary Sherman
“Place 5 percent to 10 percent of your total assets in gold bullion and selected gold and silver coins. No one knows with certainty whether the coming depression will be inflationary or deflationary.” KnowsPercentGoldCertaintySilverAssetsCoinsSelectedGold And SilverGold Coins Book:The Great Reckoning: Protecting Yourself in the Coming Depression Source: The Great Reckoning: Protecting Yourself in the Coming Depression
“When we talk about the Far East we usually mean the Far East itself, including Primorye Territory, Khabarovsk Territory, Kamchatka, and Chukotka, as well as Eastern Siberia. All this area contains tremendous resources, including oil and gas, 90 percent of Russian tin, 30 percent of Russian gold, 35 percent of forest, 70 percent of Russia's fish is harvested in the local waters.” WellsMeanWaterPercentResourcesAreasGoldIncludingFishesOilEastRussiaLocalsForestsGasTerritoryEasternTinOil And GasSiberia Author:Vladimir Putin
“I have criticized it [Europe], but I repeat: we keep 40 percent of our gold and foreign currency reserves in euros, we are not interested in the collapse of the Eurozone, but I do not rule out the possibility of decisions being made that would consolidate a group of countries equal in economic development and this, in my opinion, will lead to a consolidation of the euro. But there can also be some interim decisions in order to keep the present number of members of the Eurozone unchanged.” MadeCountryOrderDecisionNumbersOpinionGroupsEconomicPossibilityDevelopmentEqualMembersPercentEuropeGoldRepeatsCollapseNot InterestedCurrencyReservesEuroEconomic DevelopmentConsolidationEurozoneInterim Author:Vladimir Putin
“This is also evident in Europe, not the dependence on oil and gas, but the fact that structural reforms are long overdue, and I think that the leading economies are very pragmatic and efficient in addressing the issues facing the European economy. That is why we keep approximately 40 percent of our gold and foreign currency reserves in euros.” ThinkingLongFactsEconomyIssuesPercentEuropeGoldOilReformGasEfficientCurrencyReservesDependenceEvidentPragmaticEuroOverdueOil And Gas Author:Vladimir Putin
“Flirting with the dark side has always had it's fascination. Because you learn, and there's wisdom there. Escpecially with the post-Fruedian era with the young, the shadow is ninety percent gold. You hold treasures there that you need to learn about yourself to be a whole person.” NeedsPersonsWholeYoungSidesDarkPercentShadowGoldTreasureErasPostsAbout YourselfFlirtingNinetyFascinationDark SideWhole Person Author:Edward Herrmann
“That day the U.S. announced that the dollar would be devalued by 10 percent. By switching the yen to a floating exchange rate, the Japanese currency appreciated, and a sufficient realignment in exchange rates was realized. Joint intervention in gold sales to prevent a steep rise in the price of gold, however, was not undertaken. That was a mistake.” Would BeMistakePercentGoldDollarsRateSufficientCurrencyFloatingAppreciatedInterventionJointsSteepSwitching Author:Paul Volcker