Market Curiosity: Exploring Markets And Systems

November 1, 2011

October snippets and quotes

Filed under: Snippets — Tags: , — Jeff Fitzmyers @ 5:41 pm

…no matter who you vote for, the government always gets elected. — Butler Shaffer

Money is gold … and nothing else. — J.P. Morgan

Gold is the money of kings,
Silver is the money of gentlemen,
Barter is the money of peasants, and
Debt is the money of slaves. ~~ Norm Franz

The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation. — Vladimir Lenin

This is an interesting observation about out of season gold moves (like we experienced this summer). It is from Reg Ogden’s “The Ultimate Gold Stock Trader” (2005). (Out of print; wish he would bring it back since my copy is worn out). “An out of season move in told during the summer months is usually a sign of an impending bull market even when it retraces these gains in the fall. There have been three serious gold upswings in 25 years in the summer months. Each time, gold retraced most of the gains through September, then began a bull phase through the following spring. When gold made an upward move in the summers of 1973, 1979, and 1982, the run lasted.” — Jasper Puddlemaker

All truths are easy to understand once they are discovered; the point is to discover them. — Galileo

A happy life is just a string of happy moments. But most people don’t allow the happy moment, because they’re so busy trying to get a happy life. — Abraham

The true measure of an individual is how they treat others who can do them absolutely no good. ~~ Ann Landers

The only people with whom you should try to get even with are those who have helped you. — John Southard

Worrying is like a rocking chair, it gives you something to do, and gets you nowhere. Glenn Turner

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