Rick Santelli Quotes

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.

Markets love volatility.

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

The value of Bitcoin is astronomical, but the price goes all over the place as a million buyers and sellers try to figure out what that value is and how likely it is to manifest.

The best measure of inflation is what is happening with commodity prices.

If global oil prices or commodity prices are high, then it is bound to create inflation. So, we should not be too worried if the inflation is created by global commodity prices. When they come down, inflation will automatically come down.

The price of every thing rises and falls from time to time and place to place; and with every such change the purchasing power of money changes so far as that thing goes.

On a given day, you can have market fluctuations where prices fluctuate far more than the underlying economic value of the unit.

Markets shouldn't be moving in a straight line.

I'm a futures man.

Markets have built in inefficiencies, serious inefficiencies which are well known.

As I have said before, the daily machinations of the stock market are like a tale told by an idiot, full of sound and fury, signifying nothing.

Listen to market strategists, and a word that comes up a lot these days is 'volatility.'

People far too often associate derivatives markets with mere speculation, but there are very legitimate businesses that need derivatives to protect themselves against risk.

Calling bitcoin volatile - it's a non-statement. Unregulated assets with unclear regulatory landscapes are always going to be volatile. That's what unregulated assets do.

If the economy is bad, I might be bringing a lot of things in, but it's difficult to sell, and the opposite when the economy is good.

The significant collapse of oil prices shows that it was previously way too high.

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

I want the market to work if it can, and most of the time it will, but not without some pain.

Most economists, when modeling market behavior, tend to sweep major fluctuations under the rug and assume they are anomalies. What I have found is that major rises and falls in prices are actually inevitable.

Our national debt poses a threat to all Americans and is particularly troublesome both for well-established businesses and for those seeking to enter into the marketplace.

Supply and demand eventually rebalance. We've seen this again and again and again.

A commodity producer should be comfortable being exposed to prices.

Economics profession, they've been - they've been confident in various formulas, but economics is not physics. The same formula that works in one decade doesn't work in the next. Economics is a difficult subject.

There's so much disagreement about investing, and it's because nobody really knows.