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.
It will not be held against you that you are ignorant against your will, but that you neglect to seek out what it is that makes you ignorant; not that you cannot bring together your wounded limbs, but that you reject Him that would heal them.
What I discerned in the U.S. was a convergence of poetic voices coming from many different rents in the social fabric, many cultures, many tributaries, which, together, make up the American poetry of the late twentieth century.
In economics, when you put together a highly elastic thing and a highly inelastic thing, you create extraordinary potential for turbulence, volatility, and for unstable prices.
There's no quiet place here on earth for our love, not in the village and not anywhere else, so I picture a grave, deep and narrow, in which we embrace as if clamped together, I bury my face against you, you yours against me, and no one will ever see us.
According to Krishnamacharya , practice and knowledge must always go together. He used to say, practice without right knowledge of theory is blind. This is also because without right knowledge, one can mindfully do a wrong practice.
The beauty of a living thing is not the atoms that go into it, but the way those atoms are put together. Information distilled over 4 billion years of biological evolution. Incidentally, all the organisms on the Earth are made essentially of that stuff. An eyedropper full of that liquid could be used to make a caterpillar or a petunia if only we knew how to put the components together.
Really, the fundamental, ultimate mystery -- the only thing you need to know to understand the deepest metaphysical secrets -- is this: that for every outside there is an inside and for every inside there is an outside, and although they are different, they go together.
When Berkshire Hathaway laid out three billion dollars for GE today, we didn't spend it, we invested it. When the Federal government buys the mortgages, they're not spending it, they're investing it. Now, they're investing it in distress type assets but they're buying them at distress prices if they buy them at market. It's the kind of stuff I love to do. I just don't have 700 million. Maybe we could go in it together.