Most people are under exposed to global assets, including foreign stocks, bonds and currencies.
I see a great future for gold and silver coins as the currency people may increasingly turn to when paper currencies begin to disintegrate.
I always have my passport on me, as well as two currencies.
We have made it possible, without gold and without foreign exchange, to maintain the value of the German mark. Behind the German mark stands the German capacity for work, while some foreign countries, suffocated by gold, have been compelled to devalue their currencies.
We [US] can't compete with low-wage countries in different parts of the world. We cannot compete with countries that play games with currencies or regulations. We can't. We shouldn't.
Central banks are choosing to increase their gold holdings as a percentage of total reserves. They obviously think there is a reason to do that. It doesn't make sense to back up one currency with a hoard of other paper currencies. There needs to be a real anchor there. I think that central banks are well behind the curve. If you look at the percentage of above-ground gold controlled by central banks, it's historically low. Hence the fact that central banks are trying to increase their holdings. They've got a long way to go to get where they need to be.
We should be moving toward local currencies not global or European currencies.
Information and knowledge: two currencies that have never gone out of style.
We had other currencies that we could find work in - the currencies of movements: passion, spirit, creativity.
