“On the contrary, it's because somebody knows something about it that we can't talk about physics . It's the things that nobody knows anything about that we can discuss. We can talk about the weather; we can talk about social problems; we can talk about psychology; we can talk about international finance gold transfers we can't talk about, because those are understood so it's the subject that nobody knows anything about that we can all talk about!” KnowsProblemSocialPsychologySubjectsUnderstoodGoldInternationalContraryPhysicsWeatherFinanceTransfersNobody KnowsSocial Problems Author:Richard P. Feynman
“If all currencies are moving up or down together, the question is: relative to what? Gold is the canary in the coal mine. It signals problems with respect to currency markets. Central banks should pay attention to it.” IfsShouldProblemTogetherMovingPayAttentionMinesGoldPay AttentionRelativeCurrencyCoalSignalsCentral BanksCanariesMoving Up Author:Alan Greenspan
“What you need is one black dress I call Plan B. It doesn't have to be fabulous, it just looks good, covers up the problems and is neutral enough for dinner, business, a date, a funeral. You don't overwear it, you don't overwash it, because the Plan B is - gold.” NeedsLooksEnoughProblemBlackPlansGoldDressesDinnerFuneralFabulousCover UpsPlan B Author:Salma Hayek
“There is, literally and figuratively, not a gold standard. That's almost as big a problem in art as in the financial world. How do you affix a value to something that only has value because a certain number of people agree to believe in that value?” PeopleWorldBelieveArtProblemBigsCertainValuesNumbersStandardsGoldAgreeFinancialGold Standard Author:John Currin
“The evangelicals. . . . If all they want is gold Cadillacs and sex and so on, no big problem.” IfsWantProblemBigsSexGoldBig ProblemsCadillacs Author:Noam Chomsky
“Law Number XXXII: Hiring consultants to conduct studies can be an excellent means of turning problems into gold, your problems into their gold.” MeanProblemLawNumbersStudyGoldExcellentHiringConsultants Author:Norman Ralph Augustine
“Bill Russell is one of the great names in basketball, an all-American... and the only athlete to ever win an NCAA Championship, an Olympic Gold Medal, and a professional championship all in the same year-1956...But Bill Russell had this one problem: He threw up before every game.” YearsProblemGamesWinningNamesBasketballAchievementGoldBillsAthleteChampionshipMedalGold MedalsNcaa Author:John Eliot
“Not only America but all countries should think together about how the enormous might of the sole remaining superpower should be used. We need a leadership that is based on partnership, a leadership that unites nations and makes it possible to solve the problems of the globe together. Otherwise, we will have another Gold Rush for a superpower that wants to gain even greater advantages, that wants to gain an absolutely new position for itself. That would lead to a perverse utopia.” ThinkingWantNeedsShouldCountryProblemMightTogetherAmericaUsedNationsGreaterPositionGainsAdvantageGoldSolveEnormousSolePartnershipGlobesUtopiaSuperpowerGold RushNew Position Author:Mikhail Gorbachev
“There are so many currency exchange rate problems that people are buying gold as a safe haven. Right now, gold looks like a safe haven if international exchange rates break down.” PeopleIfsLooksProblemBreakHavensRight NowSafeGoldRateInternationalBuyingCurrencyBreaking DownSafe HavenBuying Gold Author:Michael Hudson
“I use the term "fool's gold white space" to highlight a common problem for innovation. People see a market that doesn't exist, and assume that one should exist.” PeopleShouldUseProblemTermSpaceWhiteCommonFoolGoldInnovationAssumingHighlightsWhite Space Author:Scott D. Anthony
“The problem right now is that central banks have not normalized their balance sheet since 2009. They're trying, but it's not even close. If we had another crisis tomorrow, and you had to do QE4 and QE5, how could you do that when you're already at $4 trillion? They might have to turn to the IMF or SDR or to Gold. Then, if you go back to the gold standard, you have to get the price right. People say there's not enough gold to support a gold standard. That's nonsense. There's always enough gold, it's just a question of price.” PeopleTryingEnoughProblemSupportBalanceTomorrowGoldCrisisNonsense Author:James Rickards
“They’re going to ask what you said. And if I tell Mr. Twindell you said heaven will be like this, he’ll be very disappointed. He’s counting, you know, on gold streets and angels and horses with wings.” “I see where that could be a problem,” Ian agreed, and he tenderly laid his hand against his son’s cheek. “In that case, you can tell him I said this is almost heaven.” IfsKnowsSaidProblemHandsAsksHeavenCasesStreetsSonAngelGoldHorseWingsDisappointedCheeksCounting Author:Judith McNaught
“The major credit I think Jim and I deserve is for selecting the right problem and sticking to it. It's true that by blundering about we stumbled on gold, but the fact remains that we were looking for gold.” ThinkingFactsProblemVisionMajorsDeserveGoldRemainsCreditMolecular Biology Author:Francis Crick
“Eureka! Eureka! Supposed to have been his cry, jumping naked from his bath and running in the streets, excited by a discovery about water displacement to solve a problem about the purity of a gold crown.” Has BeensProblemRunningWaterStreetsCryDiscoveryGoldExcitedSolveNakedPurityCrownsJumpingBathsDisplacement Author:Archimedes
“The major credit I think Jim and I deserve ... is for selecting the right problem and sticking to it. It's true that by blundering about we stumbled on gold, but the fact remains that we were looking for gold. Both of us had decided, quite independently of each other, that the central problem in molecular biology was the chemical structure of the gene. ... We could not see what the answer was, but we considered it so important that we were determined to think about it long and hard, from any relevant point of view.” ThinkingLongImportantHardFactsProblemScienceAnswersViewsMajorsDiscoveryDeserveDecidedGoldImportanceRemainsStructureCreditDeterminedPoint Of ViewBiologyChemicalsRelevantGenesMolecular Biology Author:Francis Crick
“The problem with commodities is that you are betting on what someone else would pay for them in six months. The commodity itself isn't going to do anything for you....it is an entirely different game to buy a lump of something and hope that somebody else pays you more for that lump two years from now than it is to buy something that you expect to produce income for you over time.” YearsTwoDifferentProblemGamesPayProduceMonthsSixGoldInvestingIncomeTwo YearsCommoditySix MonthsLumpsBetting Author:Warren Buffett
“Gold has intrinsic value. The problem with the dollar is it has no intrinsic value. And if the Federal Reserve is going to spend trillions of them to buy up all these bad mortgages and all other kinds of bad debt, the dollar is going to lose all of its value. Gold will store its value, and you'll always be able to buy more food with your gold.” IfsKindProblemAbleValuesLosesGoldDollarsDebtStoresReservesMortgageFederal ReserveIntrinsic Value Author:Peter Schiff