“Did anyone of those bullish investors ever think what would happen to the Treasury market if the Fed ever became a net seller of bonds?”
“We are in an economic war. It is a war between those who createwealth and those who believe they have some sort of divine mandateto appropriate wealth. They don’t have such an authoritative command.I don’t think they ever did. We have tried their command-andcontrolmethods for nearly a century because they said they knewbetter. It is now obvious that they didn’t.”
“I strongly support liquidating the corporation that is the FederalReserve and returning to a monetary system based on a marketproducedprecious metal, like gold, which is represented by a currencyprinted and managed by the U.S. Treasury Department as stipulatedby our Constitution. The assets currently owned by the Fed shouldbe liquidated and parceled out on a pro-rata basis to its creditors. All we need is the will.”
“I am not in the market to create jobs, build anempire, or leave a legacy; those are the positive fallout of successfuleconomic warfare. My prime objective is wealth creation.”
“Markets go up. Markets go down. We always make money.... Get used to it”
“Forget the housing, bond or derivatives bubbles … Fraud Is the Biggest Bubble of all time”
“One of the hardest decisions you'll ever face in life is choosing whether to walk away or try harder.”