David Ricardo Quotes

With such enormous bucks devoted to trading in oil and other commodities, the distortions that they cause have been exacerbated.

Silver is used in the electronics industry and is consumed daily; stock piles of silver are dwindling.

You know, oil prices from 2007, on the strength of a very robust global economy and a very robust emerging China, many of you will recall, ramped up to near $150 a barrel. Then we had the financial - U.S. financial collapse. Oil prices collapsed all the way down to $40 a barrel.

Soaring prices for crude oil, falling production surpluses, wild speculation in commodities, a rush into the precious metals, turmoil in the Middle East, assertive oil producers: it is 1973-74 all over again, and at dictation speed.

The price of a commodity will never go to zero. When you invest in commodities futures, you're not buying a piece of paper that says you own an intangible piece of company that can go bankrupt.

When volume drops off, prices settle down. Volume is the force that turns stocks higher.

With the sugar market hysteria, the people are obviously worried and expect higher inflation. When this hysteria subsides, which we're probably observing, then I hope that people will also get less worried about the future of inflation.

If you were approaching the TARP investments from a pure investment standpoint, then there's no doubt in my mind the taxpayer lost, and probably lost big.

Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce them.

If all you needed to do is to figure out what company is better than others, everyone would make a lot of money. But that is not the case. They keep raising the prices to the point when the odds change.

I don't think anyone can speculate what will happen with respect to oil prices and gas prices because they are set on the global economy.

Remember, gold and silver always have had value and never have gone to zero. Can you say the same for stocks and bonds?

As long as there's political uncertainty around the energy space, stock prices will come down.

The substantial uncertainty about the path of asset price movements going forward necessarily reduces the case for altering policy in advance of the move.

I think it's a mistake to rely too much on any one economic factor. It's why investors try to spread their portfolio round.

Let the market, not politicians, determine the flow of rice, oil and other commodities. Lower, more stable prices will ensue.

Gasoline prices are a direct reflection of the cost of the raw materials to produce the gasoline, no different than any other product that you would buy, whether it's a good or some other consumable, or it's a luxury item. It's all a function of what do the raw materials cost.

The rise in the price of gold is a sign that capitalism has stumbled.

I never predict freight rates; nobody can do that.

Predicting oil prices is anyone's guess.

In nine companies out of ten the factor of fluctuation has been a more dominant and important consideration in the matter of investment than has the factor of long-term growth or decline

Price statistics show clearly that instability in raw-material prices is a prime cause of instability of other prices.

I don't fully understand movements in the gold price.

If the oil price goes down, Russia will go down. You can track the Ruble, you can track the stock market, just off the price of oil.

We will not allow our country ever to be at the mercy of commodity price volatility or external markets.