Investment Gold Quotes

Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble

Silence is golden, and gold is up these days, so silence is a solid investment.

Jesus taught several great lessons on wise investing, including The Parable of The Bags of Gold, The Parable of the Tenants and the Parable of The Sower.

Love is not a businessman who wants to see a return on his investments. And imagination needs only a few nails on which to hang its veil. Whether they are of gold, tin, or covered with rust makes no difference to it. Wherever it gets caught, it is caught. Thornbush or rosebush, as soon as the veil of moonlight and mother-of-pearl has fallen on it, either becomes a fairy tale out of A Thousand and One Nights

Humanity came out of hell, Darrow. Gold did not rise out of chance. We rose out of necessity. Out of chaos, born from a species that devoured its planet instead of investing in the future. Pleasure over all, damn the consequences. The brightest minds enslaved to an economy that demanded toys instead of space exploration or technologies that could revolutionize our race. They created robots, neutering the work ethic of mankind, creating generations of entitled locusts. Countries hoarded their resources, suspicious of one another. There grew to be twenty different factions with nuclear weapons. Twenty—each ruled by greed or zealotry. “So when we conquered mankind, it wasn’t for greed. It wasn’t for glory. It was to save our race. It was to still the chaos, to create order, to sharpen mankind to one purpose—ensuring our future. The Colors are the spine of that aim. Allow the hierarchies to shift and the order begins to crumble. Mankind will not aspire to be great. Men will aspire to be great.

THE FIVE LAWS OF GOLD I. Gold cometh gladly and in increasing quantity to any man who will put by not less than one-tenth of his earngs to create an estate for his future and that of his family. II. Gold laboreth diligently and contentedly for the wise owner who finds for it profitable employment, multiplying even as the flocks of the field. III. Gold clingeth to the protection of the cautious owner who invests it under the advice of men wise in its handling. IV. Gold slippeth away from the man who invests it in businesses or purposes with which he is not familiar or which are not approved by those skilled in its keep. V. Gold flees the man who would force it to impossible earnings or who followeth the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment.

Here’s the dirty little secret: Fiat currency is designed to lose value. Its very purpose is to confiscate your wealth and transfer it to the government. Each time the government prints a new dollar and spends it, the government gets the full purchasing power of that dollar.

Please allow me to offer a simple financial plan. Invest in chocolate. Buy bars. Lots of bars. If we do enter anything approximating a real financial depression, you will not be able to improve your mood with gold.

In the end it was currency debasement and pure deficit spending to fund the military, public works, social programs, and war that brought down the Roman Empire.

Columbus, desperate to pay back dividends to those who had invested, had to make good his promise to fill the ships with gold. In the province of Cicao on Haiti, where he and his men imagined huge gold fields to exist, they ordered all persons fourteen years or older to collect a certain quantity of gold every three months. When they brought it, they were given copper tokens to hang around their necks. Indians found without a copper token had their hands cut off and bled to death. The Indians had been given an impossible task. The only gold around was bits of dust garnered from the streams. So they fled, were hunted down with dogs, and were killed.

gold is valuable as a currency or investment because we believe it is valuable (which is the same reason for valuing money itself). Gold’s value as currency is an abstract social construct.

Try not to breathe,” I tell Lira. “It might get stuck halfway out.” Lira flicks up her hood. “You should try not to talk then,” she retorts. “Nobody wants your words being preserved for eternity.” “They’re pearls of wisdom, actually.” I can barely see Lira’s eyes under the mass of dark fur from her coat, but the mirthless curl of her smile is ever-present. It lingers in calculated amusement as she considers what to say next. Readies to ricochet the next blow. Lira pulls a line of ice from her hair, artfully indifferent. “If that is what pearls are worth these days, I’ll make sure to invest in diamonds.” “Or gold,” I tell her smugly. “I hear it’s worth its weight.” Kye shakes the snow from his sword and scoffs. “Anytime you two want to stop making me feel nauseated, go right ahead.” “Are you jealous because I’m not flirting with you?” Madrid asks him, warming her finger on the trigger mechanism of her gun. “I don’t need you to flirt with me,” he says. “I already know you find me irresistible.” Madrid reholsters her gun. “It’s actually quite easy to resist you when you’re dressed like that.” Kye looks down at the sleek red coat fitted snugly to his lithe frame. The fur collar cuddles against his jaw and obscures the bottoms of his ears, making it seem as though he has no neck at all. He throws Madrid a smile. “Is it because you think I look sexier wearing nothing?” Torik lets out a withering sigh and pinches the bridge of his nose. I’m not sure whether it’s from the hours we’ve gone without food or his inability to wear cutoffs in the biting cold, but his patience seems to be wearing thin. “I could swear that I’m on a life-and-death mission with a bunch of lusty kids,” he says. “Next thing I know, the lot of you will be writing love notes in rum bottles.” “Okay,” Madrid says. “Now I feel nauseated.” I laugh.

I don't want to be around people who accept me as is, in my unrefined state of becoming. I consistently want people around me who push and encourage me to be my ultimate best, who bring out the inner diamonds. I want to be around those intellectual giants who extract the gold within me, those who force me to read, to attend classes, seminars, conferences, and who steep me in an environment of perpetual growth and upward mobility. Not trying to be funny, but I've learned that I simply cannot afford to invest too much time around mediocrity. It's contagious.

Yes, breadth of experience is likely necessary and desirable when you’re young—after all, you have to go out there and discover what seems worth investing yourself in. But depth is where the gold is buried. And you have to stay committed to something and go deep to dig it up. That’s true in relationships, in a career, in building a great lifestyle—in everything.

It is the investment of time into perfecting a skill or skills that gives birth to celebrities, billionaires, inventors, entrepreneurs, Olympic gold medalists and so on

Are the returns on my journey equal to the length of the road behind me? And if not, have I realized the pressing need to surrender to God the road in front of me?

Improving your abilities in high-priority areas is always a good investment in yourself that will pay off in the long run.

Gold is a constant. It's like a North Star.

Which desirest thou the most? Is it the gratification of thy desires of each day, a jewel, a bit of finery, better raiment, more food; things quickly gone and forgotten? Or is it substantial belongings, gold, lands, herds, merchandise, income-bringing investments? The coins thou takest from thy purse bring the first. The coins thou leavest within it will bring the latter.

Poirot looked at me meditatively. “You have an extraordinary effect on me, Hastings. You have so strongly the flair in the wrong direction that I am almost tempted to go by it! You are that wholly admirable type of man, honest, credulous, honourable, who is invariably taken in by any scoundrel. You are the type of man who invests in doubtful oil fields, and non-existent gold mines. From hundreds like you, the swindler makes his daily bread. Ah, well—I shall study this Commander Challenger. You have awakened my doubts.” “My dear Poirot,” I cried, angrily. “You are perfectly absurd. A man who has knocked about the world like I have—” “Never learns,” said Poirot, sadly. “It is amazing—but there it is.” “Do you suppose I’d have made a success of my ranch out in the Argentine if I were the kind of credulous fool you make out?” “Do not enrage yourself, mon ami. You have made a great success of it—you and your wife.” “Bella,” I said, “always goes by my judgement.” “She is as wise as she is charming,” said Poirot. “Let us not quarrel my friend. See, there ahead of us, it says Mott’s Garage. That, I think, is the garage mentioned by Mademoiselle Buckley. A few inquiries will soon give us the truth of that little matter.

Most of us know how much we earn every month, but not many of us are clear about where our money gets spent. This exercise should show you clearly how you should manage your finances to achieve your goals.

What insanity propels me to incessantly invest in a world that never ceases to fail me? And what ignorance bewitches me so thoroughly that it keeps me from investing in a God who never ceases to be unfailing?

1. Start thy purse to fattening 2. Control thy expenditures 3. Make thy gold multiply 4. Guard thy treasures from loss 5. Make of thy dwelling a profitable investment 6. Insure a future income 7. Increase thy ability to earn

The problem with fiat is that simply maintaining the wealth you already own requires significant active management and expert decision-making. You need to develop expertise in portfolio allocation, risk management, stock and bond valuation, real estate markets, credit markets, global macro trends, national and international monetary policy, commodity markets, geopolitics, and many other arcane and highly specialized fields in order to make informed investment decisions that allow you to maintain the wealth you already earned. You effectively need to earn your money twice with fiat, once when you work for it, and once when you invest it to beat inflation. The simple gold coin saved you from all of this before fiat.

There was so much to read for one thing and so much fine health to be pulled down out of the young breath-giving air. I bought a dozen volumes on banking and credit and investment securities and they stood on my shelf in red and gold like new money from the mint, promising to unfold the shining secrets that only Midas and Morgan and Maecenas knew. And I had the high intention of reading many other books besides. I was rather literary in college—one year I wrote a series of very solemn and obvious editorials for the ‘Yale News’—and now I was going to bring back all such things into my life and become again that most limited of all specialists, the ‘well-rounded man.’ This isn’t just an epigram—life is much more successfully looked at from a single window, after all.

When foreign military spending [bombing Korea and Vietnam] forced the U.S. balance of payments into deficit and drove the United States off gold in 1971, central banks were left without the traditional asset used to settle payments imbalances. The alternative by default was to invest their subsequent payments inflows in U.S. Treasury bonds, as if these still were “as good as gold.” Central banks have been holding some $4 trillion of these bonds in their international reserves for the past few years — and these loans have financed most of the U.S. Government’s domestic budget deficits for over three decades. Given the fact that about half of U.S. Government discretionary spending is for military operations — including more than 750 foreign military bases and increasingly expensive operations in the oil-producing and transporting countries — the international financial system is organized in a way that finances the Pentagon, along with U.S. buyouts of foreign assets expected to yield much more than the Treasury bonds that foreign central banks hold.

The empires built by bankers and merchants in frock coats and top hats defeated the empires built by kings and noblemen in gold clothes and shining armour. The mercantile empires were simply much shrewder in financing their conquests. Nobody wants to pay taxes, but everyone is happy to invest.

A guy from Bear Stearns had visited our class, thin and bald with a gold watch. He told us that if we were interested in getting into finance, we had better work hard and smart because a lot of machines were able to make investment decisions now, and in the future, computer programs would run everything.

Fear so, sir. I’d be back in the fight, had we the gear.” If he were a Gold or Obsidian, he’d be back in the fight by month’s end, but we can’t spend our near-extinguished supply of prosthetics on regular infantry. Bad investment. I once thought the greatest sin of war was violence. It isn’t. The greatest sin is it requires good men to become practical.

As we’ll see, the 4% Roman rate of return is about the same as the aggregate return on capital (when stocks and bonds are considered together) in the U.S. in the twentieth century, and perhaps even a bit more than the aggregate return expected in the next century. (The 4% Roman rate was gold-based, so the return was a real, that is, after-inflation, return.) The

We have good news and bad news. The good news is that the dismal vision of human sexuality reflected in the standard narrative is mistaken. Men have not evolved to be deceitful cads, nor have millions of years shaped women into lying, two-timing gold-diggers. But the bad news is that the amoral agencies of evolution have created in us a species with a secret it just can’t keep. Homo sapiens evolved to be shamelessly, undeniably, inescapably sexual. Lusty libertines. Rakes, rogues, and roués. Tomcats and sex kittens. Horndogs. Bitches in heat.1 True, some of us manage to rise above this aspect of our nature (or to sink below it). But these preconscious impulses remain our biological baseline, our reference point, the zero in our own personal number system. Our evolved tendencies are considered “normal” by the body each of us occupies. Willpower fortified with plenty of guilt, fear, shame, and mutilation of body and soul may provide some control over these urges and impulses. Sometimes. Occasionally. Once in a blue moon. But even when controlled, they refuse to be ignored. As German philosopher Arthur Schopenhauer pointed out, Mensch kann tun was er will; er kann aber nicht wollen was er will. (One can choose what to do, but not what to want.) Acknowledged or not, these evolved yearnings persist and clamor for our attention. And there are costs involved in denying one’s evolved sexual nature, costs paid by individuals, couples, families, and societies every day and every night. They are paid in what E. O. Wilson called “the less tangible currency of human happiness that must be spent to circumvent our natural predispositions.”2 Whether or not our society’s investment in sexual repression is a net gain or loss is a question for another time. For now, we’ll just suggest that trying to rise above nature is always a risky, exhausting endeavor, often resulting in spectacular collapse. Any attempt to understand who we are, how we got to be this way, and what to do about it must begin by facing up to our evolved human sexual predispositions. Why do so many forces resist our sustained fulfillment? Why is conventional marriage so much damned work? How has the incessant, grinding campaign of socio-scientific insistence upon the naturalness of sexual monogamy combined with a couple thousand years of fire and brimstone failed to rid even the priests, preachers, politicians, and professors of their prohibited desires? To see ourselves as we are, we must begin by acknowledging that of all Earth’s creatures, none is as urgently, creatively, and constantly sexual as Homo sapiens.

We depended on the indigenous of this land to teach us farming and harvesting skills that we largely lacked upon arrival. Indeed, had it not been for the wisdom of native North Americans, the first attempt at European colonization would have failed entirely. We were starving in droves, perishing in Jamestown because we had spent so much time looking for gold that we’d forgotten to plant crops that could sustain us through the harsh winters. Four hundred–plus years later that folly has been repeated, at least metaphorically, in an economy so focused on the chasing of wealth for wealth’s sake that it has failed to re-sow its crops, to invest in the future, to actually produce anything of value as it opts, instead, to chase financial fortunes and immediate riches.

This, then, is the fourth cure for a lean purse, and of great importance if it prevent thy purse from being emptied once it has become well filled. Guard thy treasure from loss by investing only where thy principal is safe, where it may be reclaimed if desirable, and where thou will not fail to collect a fair rental. Consult with wise men. Secure the advice of those experienced in the profitable handling of gold. Let their wisdom protect thy treasure from unsafe investments.

Most non-European empires of the early modern era were established by great conquerors such as Nurhaci and Nader Shah, or by bureaucratic and military elites as in the Qing and Ottoman empires. Financing wars through taxes and plunder (without making fine distinctions between the two), they owed little to credit systems, and they cared even less about the interests of bankers and investors. In Europe, on the other hand, kings and generals gradually adopted the mercantile way of thinking, until merchants and bankers became the ruling elite. The European conquest of the world was increasingly financed through credit rather than taxes, and was increasingly directed by capitalists whose main ambition was to receive maximum returns on their investments. The empires built by bankers and merchants in frock coats and top hats defeated the empires built by kings and noblemen in gold clothes and shining armour. The mercantile empires were simply much shrewder in financing their conquests. Nobody wants to pay taxes, but everyone is happy to invest.

The idea that someone could, or would want to, experience uninterrupted happiness over a period of days, let alone years, is ludicrous. Anyone who feels pleasant and bubbly all the time is either mentally disabled or hooked on crack. Money, on the other hand, is steady. You can spend it, invest it or light a little bit on fire in an intern’s ass. Either way, money gets to sleep over. Money is a resource that makes it easier for you to find your purpose and achieve your goals, not because you are buying happiness, but because you are eliminating the desperation that drains happiness and distracts you from your purpose.

What if, however, humans exceed animals in their capacity for violence precisely because they speak? As Hegel was already well aware, there is something violent in the very symbolisation of a thing, which equals its mortification. This violence operates at multiple levels. Language simplifies the designated thing, reducing it to a single feature. It dismembers the thing, destroying its organic unity, treating its parts and properties as autonomous. It inserts the thing into a field of meaning which is ultimately external to it. When we name gold “gold,” we violently extract a metal from its natural texture, investing into it our dreams of wealth, power, spiritual purity, and so on, which have nothing whatsoever to do with the immediate reality of gold.

from Labor Day through Halloween, the place is almost unbearably beautiful. The air during these weeks seems less like ether and more like a semisolid, clear and yet dense somehow, as if it were filled with the finest imaginable golden pollen. The sky tends toward brilliant ice-blue, and every thing and being is invested with a soft, gold-ish glow. Tin cans look good in this light; discarded shopping bags do. I’m not poet enough to tell you what the salt marsh looks like at high tide. I confess that when I lived year-round in Provincetown, I tended to become irritable toward the end of October, when one supernal day after another seemed to imply that the only reasonable human act was to abandon your foolish errands and plans, go outside, and fall to your knees.

The air is crisp on my skin, and though my hands are wrapped under thick gloves, I shove my fists into my pockets anyway. The wind penetrates here through every layer, including skin. I’m dressed in fur so thick that walking feels like an exertion. It slows me down more than I would like, and even though I know there’s no imminent threat of attack, I still don’t like being unprepared in case one comes. It shakes me more than the cold ever could. When I turn to Lira, the ends of her hair are white with frost. “Try not to breathe,” I tell her. “It might get stuck halfway out.” Lira flicks up her hood. “You should try not to talk then,” she retorts. “Nobody wants your words being preserved for eternity.” “They’re pearls of wisdom, actually.” I can barely see Lira’s eyes under the mass of dark fur from her coat, but the mirthless curl of her smile is ever-present. It lingers in calculated amusement as she considers what to say next. Readies to ricochet the next blow. Lira pulls a line of ice from her hair, artfully indifferent. “If that is what pearls are worth these days, I’ll make sure to invest in diamonds.” “Or gold,” I tell her smugly. “I hear it’s worth its weight.” Kye shakes the snow from his sword and scoffs. “Anytime you two want to stop making me feel nauseated, go right ahead.” “Are you jealous because I’m not flirting with you?” Madrid asks him, warming her finger on the trigger mechanism of her gun. “I don’t need you to flirt with me,” he says. “I already know you find me irresistible.” Madrid reholsters her gun. “It’s actually quite easy to resist you when you’re dressed like that.” Kye looks down at the sleek red coat fitted snugly to his lithe frame. The fur collar cuddles against his jaw and obscures the bottoms of his ears, making it seem as though he has no neck at all. He throws Madrid a smile. “Is it because you think I look sexier wearing nothing?” Torik lets out a withering sigh and pinches the bridge of his nose. I’m not sure whether it’s from the hours we’ve gone without food or his inability to wear cutoffs in the biting cold, but his patience seems to be wearing thin. “I could swear that I’m on a life-and-death mission with a bunch of lusty kids,” he says. “Next thing I know, the lot of you will be writing love notes in rum bottles.” “Okay,” Madrid says. “Now I feel nauseated.

ago: THE FIVE LAWS OF GOLD 1. Gold cometh gladly and in increasing quantity to any man who will put by not less than one-tenth of his earnings to create an estate for his future and that of his family. 2. Gold laboreth diligently and contentedly for the wise owner who finds for it profitable employment, multiplying even as the flocks of the field. 3. Gold clingeth to the protection of the cautious owner who invests it under the advice of men wise in its handling. 4. Gold slippeth away from the man who invests it in businesses or purposes with which he is not familiar or which are not approved by those skilled in its keep. 5. Gold flees the man who would force it to impossible earnings or who followeth the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment.

At this point in your Total Money Makeover, you are debt-free except for the house, and you have three to six months of expenses ($10,000+/–) saved for emergencies. At this point in your Total Money Makeover, you are putting 15 percent of your income into retirement savings and you are investing for your kid’s college education with firm goals in sight on both. You are now one of the top 5 to 10 percent of Americans because you have some wealth, have a plan, and are under control. At this point in your Total Money Makeover, you are in grave danger! You are in danger of settling for “Good Enough.” You are at the eighteen-mile mark of a marathon, and now that it is time to reach for the really big gold ring, the final two Baby Steps could seem out of your reach. Let me assure you that many have been at this point. Some have stopped and regretted it; others have stayed gazelle-intense long enough to finish the race. The latter have looked and seen just one major hurdle left, after which they can walk with pride among the ultra-fit who call themselves financial marathoners. They can count themselves among the elite who have finished The Total Money Makeover.

Spearing a quail egg with her fork, Evie popped it into her mouth. “What is to be done about Mr. Egan?” His shoulders lifted in a graceful shrug. “As soon as he is sober enough to walk, he’ll be dismissed.” Evie brushed away a stray lock of hair that had fallen over her cheek. “There is no one to replace him.” “Yes, there is. Until a suitable manager can be found, I’ll run the club.” The quail egg seemed to stick in her throat, and Evie choked a little. Hastily she reached for her wine, washed it down, and regarded him with bulging eyes. How could he say something so preposterous? “You can’t.” “I can hardly do worse than Egan. He hasn’t managed a damned thing in months… before long, this place will be falling down around our ears.” “You said you hated work!” “So I did. But I feel that I should try it at least once, just to be certain.” She began to stammer in her anxiety. “You’ll pl-play at this for a few days, and then you’ll tire of it.” “I can’t afford to tire of it, my love. Although the club is still profitable, its value is in decline. Your father has a load of outstanding debt that must be settled. If the people who owe him can’t muster the cash, we’ll have to take property, jewelry, artwork… whatever they can manage. Having a good idea of the value of things, I can negotiate some acceptable settlements. And there are other problems I haven’t yet mentioned… Jenner has a string of failing Thoroughbreds that have lost a fortune at Newmarket. And he’s made some insane investments— ten thousand pounds he put into an alleged gold mine in Flintshire— a swindle that even a child should have seen through.” “Oh God,” Evie murmured, rubbing her forehead. “He’s been ill— people have taken advantage—” “Yes. And now, even if we wanted to sell the club, we couldn’t without first putting it in order. If there were an alternative, believe me, I would find it. But this place is a sieve, with no one who is capable or willing to stop the holes. Except for me.” “You know nothing about filling holes!” she cried, appalled by his arrogance. Sebastian responded with a bland smile and the slightest arch of one brow. Before he could open his mouth to reply, she clapped her hands over her ears. "Oh, don't say it, don't!" When she saw that he was obligingly holding his silence-though a devilish gleam remained in his eyes-she lowered her hands cautiously.

Under these circumstances, revenue from the New World in the form of exports of gold and silver was critical. The Spanish government, however, imposed strict rules limiting economic exchange—a system known as mercantilism—under the mistaken belief that this would maximize its income from the colonies. Exports from the New World could go only to Spain, indeed, to a single port in Spain; they were required to travel in Spanish ships; and the colonies were not permitted to compete with Spanish producers of manufactured goods. Mercantilism, as Adam Smith was to demonstrate in The Wealth of Nations, created huge inefficiencies and was highly detrimental to economic growth. It also had very significant political consequences: access to markets and the right to make productive economic investments were limited to individuals or corporations favored by the state. This meant that the route to personal wealth lay through the state and through gaining political influence. This then led to a rentier rather than an entrepreneurial mentality, in which energy was spent seeking political favor rather than initiating new enterprises that would create wealth. The landowning and merchant classes that emerged under this system grew rich because of the political protection they received from the state.

Money has an even darker side. For although money builds universal trust between strangers, this trust is invested not in humans, communities or sacred values, but in money itself and in the impersonal systems that back it. We do not trust the stranger, or the next-door neighbour – we trust the coin they hold. If they run out of coins, we run out of trust. As money brings down the dams of community, religion and state, the world is in danger of becoming one big and rather heartless marketplace. Hence the economic history of humankind is a delicate dance. People rely on money to facilitate cooperation with strangers, but they’re afraid it will corrupt human values and intimate relations. With one hand people willingly destroy the communal dams that held at bay the movement of money and commerce for so long. Yet with the other hand they build new dams to protect society, religion and the environment from enslavement to market forces. It is common nowadays to believe that the market always prevails, and that the dams erected by kings, priests and communities cannot long hold back the tides of money. This is naive. Brutal warriors, religious fanatics and concerned citizens have repeatedly managed to trounce calculating merchants, and even to reshape the economy. It is therefore impossible to understand the unification of humankind as a purely economic process. In order to understand how thousands of isolated cultures coalesced over time to form the global village of today, we must take into account the role of gold and silver, but we cannot disregard the equally crucial role of steel.

Peugeot belongs to a particular genre of legal fictions called ‘limited liability companies’. The idea behind such companies is among humanity’s most ingenious inventions. Homo sapiens lived for untold millennia without them. During most of recorded history property could be owned only by flesh-and-blood humans, the kind that stood on two legs and had big brains. If in thirteenth-century France Jean set up a wagon-manufacturing workshop, he himself was the business. If a wagon he’d made broke down a week after purchase, the disgruntled buyer would have sued Jean personally. If Jean had borrowed 1,000 gold coins to set up his workshop and the business failed, he would have had to repay the loan by selling his private property – his house, his cow, his land. He might even have had to sell his children into servitude. If he couldn’t cover the debt, he could be thrown in prison by the state or enslaved by his creditors. He was fully liable, without limit, for all obligations incurred by his workshop. If you had lived back then, you would probably have thought twice before you opened an enterprise of your own. And indeed this legal situation discouraged entrepreneurship. People were afraid to start new businesses and take economic risks. It hardly seemed worth taking the chance that their families could end up utterly destitute. This is why people began collectively to imagine the existence of limited liability companies. Such companies were legally independent of the people who set them up, or invested money in them, or managed them. Over the last few centuries such companies have become the main players in the economic arena, and we have grown so used to them that we forget they exist only in our imagination.

Naval’s Laws The below is Naval’s response to the question “Are there any quotes you live by or think of often?” These are gold. Take the time necessary to digest them. “These aren’t all quotes from others. Many are maxims that I’ve carved for myself.” Be present above all else. Desire is suffering (Buddha). Anger is a hot coal that you hold in your hand while waiting to throw it at someone else (Buddhist saying). If you can’t see yourself working with someone for life, don’t work with them for a day. Reading (learning) is the ultimate meta-skill and can be traded for anything else. All the real benefits in life come from compound interest. Earn with your mind, not your time. 99% of all effort is wasted. Total honesty at all times. It’s almost always possible to be honest and positive. Praise specifically, criticize generally (Warren Buffett). Truth is that which has predictive power. Watch every thought. (Always ask, “Why am I having this thought?”) All greatness comes from suffering. Love is given, not received. Enlightenment is the space between your thoughts (Eckhart Tolle). Mathematics is the language of nature. Every moment has to be complete in and of itself. A Few of Naval’s Tweets that are Too Good to Leave Out “What you choose to work on, and who you choose to work with, are far more important than how hard you work.” “Free education is abundant, all over the Internet. It’s the desire to learn that’s scarce.” “If you eat, invest, and think according to what the ‘news’ advocates, you’ll end up nutritionally, financially, and morally bankrupt.” “We waste our time with short-term thinking and busywork. Warren Buffett spends a year deciding and a day acting. That act lasts decades.” “The guns aren’t new. The violence isn’t new. The connected cameras are new, and that changes everything.” “You get paid for being right first, and to be first, you can’t wait for consensus.” “My one repeated learning in life: ‘There are no adults.’ Everyone’s making it up as they go along. Figure it out yourself, and do it.” “A busy mind accelerates the passage of subjective time.

I'm renowned within the ton as being cool under fire- around you, I'm never cool. I'm heated- I seethe- I burn with desire. If I'm in the same room, all I can think about is heat- your heat- and how you'll feel around me." Patience felt the heat rise, a real force between them. "I've gained the reputation of being the soul of discretion- now look at me. I've seduced my godmother's niece- and been seduced by her. I share her bed openly, even under my godmother's roof." His lips twisted wryly. "So much for discretion." He drew a deep breath; his chest brushed her breasts. "And as for my vaunted, up-until-you 'legendary' control- the instant I'm inside you that evaporates like water on hot steel." What prompted her Patience never knew. His lips were so close- with her teeth, she nipped the lower. "I told you to let go- I won't break." The tension, pouring off him in waves, eased, just a little. He sighed, and rested his forehead on hers. "I don't like losing control- it's like losing myself- in you." She felt him gather himself, felt the tension swell and coalesce about them. "It's giving myself to you- so that I'm in your keeping." The words, low and gravelly, rolled through her; closing her eyes, she drew in a shallow breath. "And you don't like doing that." "I don't like it- but I crave it. I don't approve of it, yet I yearn for it." His words feathered her cheek, then his lips touched hers. "Do you understand? I haven't any choice." Patience felt his chest swell as he drew a deep breath. "I love you." She shivered, eyes shut tight, and felt the world shift about her. "Losing myself in you- giving my heart and soul into your keeping- is part of that." His lips brushed hers in an inexpressibly tender caress. "Trusting you is part of that. Telling you I love you is part of that." His lips touched hers; Patience didn't wait for more. She kissed him. Letting go of the post, she slid her hands up, framing his face, so she could let him know- let him feel- her response to all he'd said. He felt it, sensed it- and reacted; his arms locked tight about her. She couldn't breathe, but she didn't care. All she cared about was the emotion that held them, that flowed so effortlessly between them. Silver and gold, it wound about them, investing each touch with its magic. Silver and gold, it shimmered about them, and quivered in their fractured breaths. It was immediate compulsion and future promise, heavenly delight and earthly pleasure. It was here and now- and forever.

The Ten Ways to Evaluate a Market provide a back-of-the-napkin method you can use to identify the attractiveness of any potential market. Rate each of the ten factors below on a scale of 0 to 10, where 0 is terrible and 10 fantastic. When in doubt, be conservative in your estimate: Urgency. How badly do people want or need this right now? (Renting an old movie is low urgency; seeing the first showing of a new movie on opening night is high urgency, since it only happens once.) Market Size. How many people are purchasing things like this? (The market for underwater basket-weaving courses is very small; the market for cancer cures is massive.) Pricing Potential. What is the highest price a typical purchaser would be willing to spend for a solution? (Lollipops sell for $0.05; aircraft carriers sell for billions.) Cost of Customer Acquisition. How easy is it to acquire a new customer? On average, how much will it cost to generate a sale, in both money and effort? (Restaurants built on high-traffic interstate highways spend little to bring in new customers. Government contractors can spend millions landing major procurement deals.) Cost of Value Delivery. How much will it cost to create and deliver the value offered, in both money and effort? (Delivering files via the internet is almost free; inventing a product and building a factory costs millions.) Uniqueness of Offer. How unique is your offer versus competing offerings in the market, and how easy is it for potential competitors to copy you? (There are many hair salons but very few companies that offer private space travel.) Speed to Market. How soon can you create something to sell? (You can offer to mow a neighbor’s lawn in minutes; opening a bank can take years.) Up-front Investment. How much will you have to invest before you’re ready to sell? (To be a housekeeper, all you need is a set of inexpensive cleaning products. To mine for gold, you need millions to purchase land and excavating equipment.) Upsell Potential. Are there related secondary offers that you could also present to purchasing customers? (Customers who purchase razors need shaving cream and extra blades as well; buy a Frisbee and you won’t need another unless you lose it.) Evergreen Potential. Once the initial offer has been created, how much additional work will you have to put in in order to continue selling? (Business consulting requires ongoing work to get paid; a book can be produced once and then sold over and over as is.) When you’re done with your assessment, add up the score. If the score is 50 or below, move on to another idea—there are better places to invest your energy and resources. If the score is 75 or above, you have a very promising idea—full speed ahead. Anything between 50 and 75 has the potential to pay the bills but won’t be a home run without a huge investment of energy and resources.

The uterus, then, is like a deciduous tree, an oak or a maple, and the endometrium acts like the leaves. When the weather is warm, when sunlight sings, the tree awakes and invests in leaves. The branching pattern of the tree—its trunk, its branches, its twigs—is like the branching of the body’s vascularization, parceling out water rather than blood. The homology of the pattern is no coincidence. Holy water, sacred blood, they are one and the same, and branching is the most hydraulically efficient means of pumping the fluid from a central source—the heart, the trunk—out to all extremities. Thus nourished, the leaves bud, unfurl, thicken, and darken. The leaves are photosynthetic factories, transforming sunlight into usable energy. That energy allows the tree to create seeds and nuts, the acorns that are embryonic trees. The leaves are expensive to maintain—the tree must deliver them water, nitrogen, potassium, the nutrients from the soil—but they repay the tree by spinning sunlight into gold.

In some countries that I have visited, I saw that citizens are very rude and animalistic. They have no moral, no values, and no manners. They are always starring at others, judging with their eyes of ignorance and their very small conscience, they are impolite wherever you go, and their customer service is horrible. They never say sorry for anything and even offend you when you complain about their mistakes and lack of proper attitude. Besides, eating in some of these nations often reveals to be a huge disaster. Food is often rotten, and commonly comes with either hair, stones of even glass, as I have found many times. They waste money as I have never seen anywhere else and are simultaneously very abusive in prices. Their prices are high but their quality level is not even suitable for animals. They represent a waste on foreign investments. Their youngest generation is also a disaster; Extremely ignorant, without any respect or education, undeserving of any job or even trust. Nobody in his right mind should ever employ them, marry them or befriend them. Most are always trying to use their friendships to take advantage of others, especially if such people are outsiders. Their women are gold diggers and extremely promiscuous, especially towards men of other cultures, as if their pride was built on the number of sex partners they can have from the widest variety of nations from around the globe, especially if such men are wealthy. And yet, they can also show a high predisposition for racist behaviors and ignorance in what regards the planet they live in. They are, foremost, selfish, sadistic and parasitic. These countries and their people represent the lowest level of mankind. Whenever you witness what I just described, you are experiencing a country reaching its end. Move out of it while you can, for God will set on such people Divine justice as quickly as such citizens, by their immoral behavior, approach it. Many of such countries end with the loss of their sovereignty for political reasons, invasions by foreign armies, civil wars, violent revolutions, major economical collapses leading the citizens to poverty and starvation, and much more.

The investments you give away are the only ones you keep.

Lithuanian citizens are the rudest and most animalistic I have ever seen in Europe. They have no moral, no values, and no manners. They are always starring at others, judging with their eyes of ignorance and their very small conscience, they are very rude, they are impolite wherever you go, and their customer service is horrible. They never say sorry for anything and even offend you when you complain about their mistakes and lack of proper attitude. Besides, eating in Lithuania is a huge disaster. Food is often rotten, and commonly comes with either hair, stones of even glass, as I have found many times. These people should be ashamed to be part of Europe and be removed from the European Union. They waste money as I have never seen anywhere else and are very abusive in prices. Their prices are high but their quality level is not even suitable for animals. They represent a waste on foreign investments. Their youngest generation is also a disaster: Extremely ignorant, without any respect or education, they deserve to be unemployed and starve to death. Nobody in his right mind should ever employ a Lithuanian, marry a Lithuanian or be friend with a Lithuanian. Lithuanias are always trying to use their friendships to take advantage of others, especially if such people are outsiders. Lithuanian women are gold diggers and extremely promiscuous, especially towards men of other cultures, as if their pride was built on the number of sex partners they can have from the widest variety of nations from around the globe, especially if such men are wealthy. Nevertheless, Lithuanians are also extremely racist and ignorant about the planet they live in. They are selfish, sadistic and parasitic. Probably the same could be said about all baltic countries, namely, Latvia, but for now, it is suffice to say this statement is an undoubted fact for the country in analysis. If Latvian and Lithuanian sovereignty ever end within this generation due to major unemployment, massacres and civil wars, and the vast majority of its people perish, I would say Divine justice has been made on both nations.

Gold is for hoarders who expect to trade glittering bars for stale bread after a financial Armageddon. Or it’s for people trying to “time” gold’s movements by purchasing it on an upward bounce, with the hopes of selling before it drops. That’s not investing. It’s speculating. Gold has jumped up and down like an excited kid on a pogo stick for more than 200 years. But after inflation, it hasn’t gained any long-term elevation. I prefer the Tropical Beach approach: Buy assets that have proven to run circles around gold (rebalanced stock and bond indexes would do). Lay in a hammock on a tropical beach. Soak in the sun and patiently enjoy the long-term profits.

Seven cures for a lean purse ; 1. Start thy purse to fattening 2. Control thy expenditures 3. Make thy gold multiply 4. Gaurd thy treasures from loss 5. Make of thy dwelling a profitable investment 6. Insure a future income 7. Increase thy ability to earn

Gold outside India is cheaper and of better quality and with better options.

India does not have gold mines and all the gold is imported. Gold outside India is cheaper and of better

Mr. Kunal from Uganda invested Rs. 3,000,000 in gold in February 2010. If he sold the gold for 4,000,000 in January 2013, the capital gain would be a STCG as he sold it within 36 months. The STCG of Rs. 1,000,000 will be added to the other income and taxed as a regular income based on the income tax slab.

If gold or gold ETF is sold after 3 years, it is a long term capital gain and if it is sold before 3 years, it is considered as a short term capital gain.

India does not produce any gold and all the gold sold in India needs to be imported, thereby

The Indian Government has levied import duties on the gold import and investment in gold may also be subject to wealth tax. Thus,

NRIs are allowed to buy gold in India, it is always cheaper and better (in terms of quality) to buy gold abroad.

The investment through gold ETF or gold mutual funds is not subject to wealth tax or the Security Transaction Tax (STT).

Income from gold is in the nature of a capital gain and arises when it is sold. If

Nowadays, most banks offer stock trading services and it would be a good idea to start your enquiries with your bank.

Gold belongs only in the portfolios of fearmongers and speculators. If you own gold in your portfolio, expect to not get paid an income, pay higher taxes on your returns, take a more volatile ride than the stock market, and get a long-term return lower than bonds.

Investing In Gold Not everyone would associate Ethereum with investing in gold, but that is exactly one of its uses. Using a process developed by Digix, users can use tokens to buy gold on the Ethereum blockchain. How does this work? Using the Digix app, you can exchange either Ether or fiat currency (real-life money) with gold tokens. This gold is linked to the Singaporean gold vault through a complex crypto-code. Whenever the user wants, they can switch their gold tokens for actual pieces of gold without needing to go through an intermediary or paying any large fees. This also opens up the possibility of creating similar processes for all sorts of commodities.

So, we will camp here? Has anyone scouted the area? You’re sure it’s safe?” “Swift Antelope and Red Buffalo checked for trackers last night and this morning. As crazy as it sounds, Red Buffalo claims the girl’s ap hasn’t even gone for help yet.” “He’s such a coward, he’s probably waiting to be sure we’re gone. I’m surprised his women haven’t ridden to the fort for help. They are by far the better fighters.” Scarcely aware he was doing it, Hunter feathered his thumb back and forth on the girl’s arm, careful not to press too hard because of her burn. She was as silken as rabbit fur. Glancing down, he saw that her skin was dusted with fine, golden hair, noticeable now only because her sunburn formed a dark backdrop. Fascinated, he touched a fingertip to the fuzz. In the sunshine she glistened as though someone had sprinkled her with gold dust. “Swift Antelope still hasn’t stopped talking about the younger one,” Warrior said. “Her courage impressed him so much, I think he may be smitten. I have to admit, though, once you get used to looking at them, the golden hair and blue eyes grow on you.” “Maybe you should take her across the river and sell her, eh?” “I could double my investment.” With a grin, Hunter pulled the robe back over her. She reacted by shrinking away from him, and he gave a disgusted snort. “She must think we’re hungry and she’s going to be breakfast.” “Speaking of which, are you going to feed her?” “In an hour or so. If we’re staying here today, I can go back to sleep.” He drew his knife and cut the leather on Loretta’s wrists. “Wake me if the sun gets on her, eh?” “You’d better keep her tied.” “Why?” A yawn stretched Hunter’s dark face. “Because she’s looking skittish.” “She’s naked.” Sheathing his knife, Hunter flopped on his back and shaded his eyes with one arm. “She won’t run. Not without clothes. I’ve never seen such a bashful female.” “The tosi tivo truss up their females in so many clothes, it would take a whole sleep just to undress one. Then they have them wear breeches under the lot. How do they manage to have so many children? I’d be so tired by the time I found skin, I’d never get anything else done.” “You’d think of something,” Hunter said with a chuckle.

I. Gold cometh gladly and in increasing quantity to any man who will put by not less than one-tenth of his earngs to create an estate for his future and that of his family. II. Gold laboreth diligently and contentedly for the wise owner who finds for it profitable employment, multiplying even as the flocks of the field. III. Gold clingeth to the protection of the cautious owner who invests it under the advice of men wise in its handling. IV. Gold slippeth away from the man who invests it in businesses or purposes with which he is not familiar or which are not approved by those skilled in its keep. V. Gold flees the man who would force it to impossible earnings or who followeth the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment.

“To believe in loyalty is to invest in the gold of deceit.” -THE BOOK OF THE ETERNAL ROSE

Meanwhile, the father had searched for this son unsuccessfully, and now lived in another city. His household had become very wealthy, his goods and treasures incalculable: gold, silver, lapis lazuli, coral, amber, crystal, and other gems overflowed his storehouses. He also had many grooms and servants, clerks and attendants, and countless elephants, horses, carriages, oxen, and sheep. His revenues and investments spread to other lands. There also were many merchants and traveling traders around.

Any investment that has become a topic of widespread conversation is likely to be hazardous to your wealth. It was true of gold in the early 1980s and Japanese real estate and stocks in the late 1980s. It was true of Internet-related stocks in the late 1990s and condominiums in California, Nevada, and Florida in the first decade of the 2000s, as well as bitcoin in 2017.

Gold clingeth to the protection of the cautious owner who invests it under the advice of men wise in its handling.

.... gold is an investment, jewellery is not. When we disguise our desires as our needs, we almost always end up making a mistake.

Health gives satisfaction, but not so much with pleasure in the sense of indulging oneself.

If you want to invest, go for gold. Turn all the cash into gold, that's the only way out.

If any FDA-approved drug like hydroxychloroquine (or ivermectin) proved effective against COVID, pharmaceutical companies would no longer be legally allowed to fast-track their billion-dollar vaccines to market under Emergency Use Authorization. Instead, vaccines would have to endure the years-long delays that have always accompanied methodical safety and efficacy testing, and that would mean less profits, more uncertainty, longer runways to market, and a disappointing end to the lucrative COVID-19 vaccine gold rush. Dr. Fauci has invested $6 billion in taxpayer lucre in the Moderna vaccine alone. His agency is co-owner of the patent and stands to collect a fortune in royalties. At least four of Fauci’s hand-picked deputies are in line to collect royalties of $150,000/year based on Moderna’s success, and that’s on top of the salaries already paid by the American public.

Irene couldn’t help stopping to admire its shimmering gold pattern, which depicted a beautiful tree with birds and stylized animals, surrounded by a climbing plant like a grapevine against a dark-blue background. She could feel von Knecht looking at her. “That’s a semi-antique Motashemi-Keshan,” he said knowledgeably. She had a fleeting vision of her latest investment on the rug front, a rusty red rug with small primitive stick figures in the corners. The salesperson at IKEA had assured her that it was a genuine, hand-tied Gabbeh, for the reasonable price of only two thousand kronor. She loved her rug and thought that it lit up the whole living room from its place beneath the coffee table. Suddenly she had the equally fierce and foolish impulse to defend her rug. With more vehemence

In the United States, the country was basically started as an investment. The settlers in Jamestown, Virginia, arrived in 1607 because their financial backers in England expected the settlement would ultimately return multiples of the sums that were invested to get the settlers there. That turned out not to be a great investment for the initial backers. In the past half century, the gold standard as an investor, and thus as a predictor of the future, has been Warren Buffett.

Nepalese culture is traditional because most individuals prefer to spend their money on land, gold and silver savings, building structures, and consuming luxury products rather than investing in new ventures or starting their businesses.

A Treatise on Money, published in 1930, is an excellent example of Keynes’s passion for generalization. In essence, Keynes built an exceedingly complicated conceptual apparatus to show how an economy on the gold standard could, under certain conditions, fall into a low-employment trap. If the monetary authority was prevented from lowering the long-term interest rate to a level consonant with investors’ expectations, and if domestic costs of production prevented the achievement of an export surplus equal to what people wished to lend abroad, the result would be an ‘excess’ of saving over investment, a sagging price level, and a ‘jammed’ economy. This was Britain’s fate in the 1920s.

Yet other men came with the idea of setting up links between the East and the West. In 1850 Henry Wells and his partner, William Fargo, were operating American Express, an express company in the burgeoning city of Buffalo. An express company’s business was to ship things quickly but expensively. Messages, banknotes, and valuables were the primary goods transported by express companies. To hedge against the risks to his express company from the instant telegraph, Wells had invested in local telegraph companies, including Ezra Cornell’s. Sensing the opportunity in the West, especially as laying telegraph lines across a desolate country was a practical impossibility, Wells and Fargo proposed expanding their company, American Express, to the West. Their investors balked. So starting in 1852, Wells and Fargo set up a new company to provide express services to California. In addition to simple messages, Wells, Fargo & Co. ventured into the business of bringing gold back east. And since an express company was already entrusted with valuables, it soon made sense for Wells, Fargo & Co. to also offer banking services locally.

Narrative economics demonstrates how popular stories change through time to affect economic outcomes, including not only recessions and depressions, but also other important economic phenomena. The idea that house prices can only go up attaches to the stories of rich house flippers seen on television. The idea that gold is the safest investment attaches to stories of war and depression. These narratives have a contagious element, even if their attachment to any given celebrity is tenuous.

The 1970s was a decade marked by runaway inflation and the Fed’s attempt to control that inflation. Early in the decade, short-term interest rates spiked in 1973-1974, reaching a high of 14% as the U.S. went off the gold standard and was hit with an oil embargo. Where banks were now allowed to pay 3.00% interest on savings accounts, overnight Repo rates were trading between 10% and 20%. Institutional investors were obviously attracted to the high rates in the Repo market and flocked to get in. Many more large corporations amended their investment rules to allow them to invest in Repo, bringing even more cash investors into the market.

Become a Problem Seeker The best entrepreneurs are the most dissatisfied. They’re always thinking of how things can be better. Your frustrations—and the frustrations of others—are your business opportunities. Great ideas come from being a problem seeker. Analyze frustrations in your day, including the things that bother you at home, waste your time on your commute to work, or online. Here’s a list of things that bother me: What to make for breakfast that’s quick, healthy, and full of caffeine How to find a reliable house cleaner Where to go to dinner with my partner How to find my next therapist What kind of investment to make with some extra cash I received And these are just the problems I’ve encountered today. I could go on and on . . . and that’s the point! The number of things that can be better are endless—which is a gold mine for newbie entrepreneurs. The crucial first step toward entrepreneurship is to study your own unhappiness and to think of solutions (aka business opportunities) for you to sell.

Let’s take a look at the five major asset classes: Alternative assets, which are usually physical assets like fine watches, real estate, collectible cars, art, and jewelry Stocks, which represent ownership of a piece of a publicly traded company Fixed-income investments such as government bonds and deposit certificates Cash, such as dollar bills, and cash equivalents such as savings accounts, retirement accounts, and 401(k)s Futures and other derivatives, which are contracts between two parties agreeing to buy and sell assets, usually commodities like gold, corn, wheat, or cows, at a future date

Santhi Gems is a well-known gold buyer in Chennai that sets itself apart with exceptional services and a consistent commitment to customer loyalty. Santhi Gems has achieved a stellar reputation in the industry thanks to its straightforwardness, trustworthiness, and dependability, as well as its extensive history. This article delves into the key features that set Santhi Gems apart from other Chennai gold buyers, including its customer-focused approach, ethical practices, and extensive range of services. Research how Santhi Pearls' dedication to significance and genuineness go with it a leaned toward choice for those wanting to sell or credit against their gold assets in Chennai. 1. Introduction to Santhi Adornments' History and Foundation Santhi Gems, headquartered in Chennai, has been a trusted name in the gold purchasing industry for more than two decades. Santhi Gems has established a reputation for unwavering quality and authenticity thanks to a solid foundation built on trustworthiness and customer loyalty. Santhi Gems' mission and values are to provide customers with a straightforward and fair gold purchasing experience. Each partnership is guided by their genuine sincerity regarding the benefits, trust, and customer-centricity, ensuring that customers are treated with respect and consideration throughout the selling cycle. 2. Direct Assessing and Appraisal Communication Clear Valuation Procedures Selling Gold Jewelry Santhi Adornments provides a consistent and straightforward cycle for selling gold items, whether you want to branch out from your existing collection or update it. Their capable staff ensures that clients get fair motivator for their important effects. Gold Advance Offices Santhi Adornments offers gold advance offices in addition to buying gold gems, allowing customers to use their gold resources for financial assistance. They make it advantageous and secure to access reserves thanks to their flexible terms and competitive rates. 6. By placing an emphasis on client instruction, Santhi Adornments moves beyond value-based connections. They encourage customers to make educated decisions regarding their gold resources by providing experiences into the patterns of the gold market as well as advice on how to care for and maintain gold. Direction on Patterns in the Gold Market When managing valuable metals, it is essential to remain informed about the gold market. Santhi Gems ensures that customers are up to date on market trends, allowing them to make crucial decisions regarding gold investments or transactions. Tips for Taking Care of Gold Gems Proper care and attention can have a significant impact on their value and lifespan. Santhi Diamonds outfits clients with central hints on endlessly protecting their gold things, ensuring that they hold their greatness and shimmer for a seriously significant time-frame into what's in store. 7. Obligation to Follow Moral Principles The activities of Santhi Adornments are centered on following moral principles and being capable of doing so. They keep the advantages of uprightness and social responsibility in the gold business by focusing on fair exchange gold acquiring and implementing earth-manageable practices.

He began teaching me the basics of technique but put equal emphasis on the mental game. He taught me that the vital key was the ability to let go of the outcome. You must be able to repeat the best version of your shot as many times as you can, exactly the same way. Any shot where your try harder, which he referred to as the 'fancy shot' will throw off your technique. Even if you're down to the last arrow to win the gold medal you have to think of it as just another shot, rather than trying for an extra good shot. You can't be invested in the outcome. Just take the shot.

Quick-thinking Nathan eventually bought the prince his consols, but he first used the money to successfully speculate in gold bullion, making a killing and a reputation for himself in the London exchange.

Tom King, the chief operating officer of U.S. Soccer, said that the federation invested $4.4 million on the women's team in 1999 and lost $2.7 million. The federation receives about $3 million from FIFA, soccer's world governing body, for qualifying for the men's World Cup, and $700,000 to $1 million per game, American officials said. The federation receives no money from FIFA for qualifying for the Women's World Cup. The men's team also receives guarantees from other countries when it travels of up to $140,000, King said, compared with zero for the women. 'I don't see the WNBA players asking for the same salaries as the NBA players,' Contiguglia said. In the case of soccer, however, the women are the NBA. It is the women's team that is more popular and higher achieving. And to suggest the men's team is a cash cow is incorrect. The men's team didn't pay for itself either in 1999, King said, losing $700,000 on a budget of $5.9 million. An argument could be made that the American women deserve more money than the men, not just equal pay. They have won two world championships and an Olympic gold medal, while the men have won nothing. The biggest men's home crowds often come at matches where the ethnic population is cheering for the other team.

Recruit raw people, invest in them. Not all will turn out to be gold or diamonds, but over time, you will have a handful. And they will be your biggest assets.

know what Clement said about being pope?” I shook my head, as he’d hoped I would. “Clement said none of his predecessors knew how to be pope.” “What did he mean?” “He meant that none of the others knew how to throw such big parties. He was also called ‘Clement the Magnificent.’ When he was crowned as pope, he gave a feast for three thousand people. He served one thousand sheep, nine hundred goats, a hundred cows, a hundred calves, and sixty pigs.” “Goodness. That’s, what, ten, twenty pounds of meat for every person?” “Ah, but there is more. Much more. Ten thousand chickens. Fourteen hundred geese. Three hundred fish—” “Only three hundred?” He stretched his arms wide—“Pike, very big fish”—then transformed the gesture into a shrug. “But also, Catholics eat a lot of fish, so maybe it was not considered a delicacy.” He held up a finger. “Plus fifty thousand cheeses. And for dessert? Fifty thousand tarts.” “That’s not possible. Surely somebody exaggerated.” “Non, non, pas du tout. We have the book of accounts. It records what they bought, and how much it cost.” “How much did it cost?” “More than I will earn in my entire life. But it was a smart investment. It made him a favorite with the people who mattered—kings and queens and dukes. And, of course, with his cardinals and bishops, who sent him money they collected in their churches.” Turning away from the palace, he pointed to a building on the opposite side of the square. “Do you know this building?” I shook my head. “It’s just as important as the palace.” “What is it?” “The papal mint.” “Mint, as in money?” He nodded. “The popes coined their own money, and they built this mint here. They made gold florins in the mint, then stored them in the treasury in the palace.” “The popes had their own mint? That seems ironic, since Jesus chased the money changers out of the temple in Jerusalem.” “If you look for inconsistencies, you will find a million. The popes had armies. They had mistresses. They had children. They poisoned their rivals. They lived like kings and emperors; better than kings and emperors.” “And nobody objected?” “Oh, sure,” he said. “Some of the Franciscans—founded by Saint Francis of Assisi—they were very critical. They said monks and priests and popes should live in poverty, like Jesus.

Data matters. It’s the very essence of what we care about. Personal data is not equivalent to a real person—it’s much better. It takes no space, costs almost nothing to maintain, lasts forever, and is far easier to replicate and transport. Data is worth more than its weight in gold—certainly so, since data weighs nothing; it has no mass. Data about a person is not as valuable as the person, but since the data is so much cheaper to manage, it’s a far better investment. Alexis Madrigal, senior editor at The Atlantic, points out that a user’s data can be purchased for about half a cent, but the average user’s value to the Internet advertising ecosystem is estimated at $1,200 per year. Data’s value—its power, its meaning—is the very thing that also makes it sensitive. The more data, the more power. The more powerful the data, the more sensitive. So the tension we’re feeling is unavoidable.

Although banking was then still in its rudimentary state, Nathan fully understood the interplay between finance and economics, the effects of political news on the stock exchange, the quickest way to bull or bear a market, and how gold reserves affected the exchange rate.

The rise of the Rockefeller family was made possible from two angles by the Rothschilds. One was by the large subsidies placed on transports of Rockefeller oil. The documents of the American trade register prove that the Rothschilds, since 1896, have owned ninety-six percent of the American railways. This made it possible to transport oil on rail. When John D. Rockefeller wanted to expand, he received the financial support he needed to do so from the Rothschilds through their National City Bank of Cleveland. In exchange, the Rockefellers had to transport their oil via the Rothschilds railways. An illegal agreement saw to it that the Rockefellers received a bonus for the amount of oil they transported by train. Because of this agreement nobody could compete with the Rothschilds in transporting Rockefeller oil. This was all arranged by Jacob Schiff, of the company Kuhn & Loeb, the brain behind the foundation of the Rockefeller imperium. Under the authority of the Rothchilds, Kuhn, Loeb & Co. continue to manage the Rockefeller capital, which is valued at over 400 billion dollars. In 1950 the New York Times reported L.L. Strauss, a partner with Kuhn, Loeb & Co., as the financial adviser to the Rockefeller estate. Because of this, every investment had to be approved and signed by a partner of Kuhn, Loeb & Co. According to the periodical Fortune in 1985, the wealth of the Rockefellers was spread amongst more than 200 companies. These companies include six of the largest industrial companies in America, six of the largest banks, five of the largest insurance companies and three of the largest companies from different branches (electricity, water, infrastructure, fruits, oil, gold, and others). Not including the remaining 180 other companies, the total assets of these twenty giants amount to 460 billion dollars.

The masses long ago switched from stocks to investments having higher yields and more protection from inflation. Now the pension funds - the market’s last hope - have won permission to quit stocks and bonds for real estate, futures, gold, and even diamonds. The death of equities looks like an almost permanent condition.5

Civil war tends to give a helping hand to the velocity of currency, Ukraine can attest to that. However, it is quite an unpleasant way to find the intrinsic value of worthlessness.

And so Columbus, desperate to pay back dividends to those who had invested, had to make good his promise to fill the ships with gold. In the province of Cicao on Haiti, where he and his men imagined huge gold fields to exist, they ordered all persons fourteen years or older to collect a certain quantity of gold every three months. When they brought it, they were given copper tokens to hang around their necks. Indians found without a copper token had their hands cut off and bled to death.

By the end of 2012, the price of gold reached $1,675 per ounce, and $1 of gold bullion purchased in 1802 was worth $86.40 at the end of 2012, while the price level itself increased by a factor of 19.12.

As of August 31, 2014, only 28% of AUM (asset under management) of all mutual funds in India is in equity, balanced and ELSS schemes, i.e. in high risky securities. Income funds (medium risk) have 46% of all AUM and liquid or money market funds (low risk) have about 24% of AUM. The remaining 2% of AUM is for investment in gold, government securities, overseas funds, etc. AUM is the total market value of all financial assets under a MF or a MF scheme managed on behalf of its clients or investors.

diverse range of asset classes (debt, equity, gold, etc.) as well as in more than one security (Reliance, Tata, Infosys, Hero, etc.) within

Does achieving extremely broad diversification seem completely out of reach for ordinary investors? Fear not. There are broadly invested, very low-cost funds that can provide one-stop shopping solutions. We will recommend a broadly diversified United States total stock market index fund that includes real estate companies and commodity producers, including gold miners. We