Gordon Sinclair Quotes

There's a lot of companies that profit from a weak dollar.

If a currency is to become a growing, an increasing reserve currency, there has to be not only a demand for it there has to be a supply of it.

People tend to buy dollars when there is a political disturbance elsewhere in the world.

The U.S. currency has been the most attractive currency to be in for very, very long periods of time.

As long as the dollar remains in high esteem as a trade currency, America can continue to spend more than it earns. But when the day arrives - as it certainly must - when the dollar tumbles and foreigners no longer want it, the free ride will be over.

The major material advantage, financial advantage from having a reserve currency is that between 200 and 300 billion dollar bills, that may be twenty, fifty, hundred dollar bills as well as ones, exist in the world - a lot of them in Russia as you all know I'm sure.

What would a loss of confidence in the dollar actually look like? Gold going absolutely nuts.

The experience of the '90s, whether it's the '94 peso crisis or the '97 crisis in Asia, the '98 crisis, even the 2001 crisis, is that we recovered pretty readily. There wasn't great consequence.

Europe is on an economic collision course with reality.

... a baseless currency varying every fifty miles and fluctuating everywhere.

All Nations endeavor to get the [foreign] Exchange as much as they can on their side.

A United States collapse would be much different than a Greece collapse. Greece can collapse, and there's a ripple. We collapse, and the world feels it.

At some point, there will be some other financial crisis. It's in the nature of a capitalist system.

I am concerned about the erraticness of the dollar. The dollar is up, the dollar is down. We print a lot of dollars. The dollar gets devalued. That is really the concern. If people think the gold price up and down is a reflection of something wrong with gold, no - I say it is something wrong with the dollar.

A cheaper British currency could be a crisis if its swift move provoked a broader financial crisis, which it has not, or if it triggered massive inflation. For now, cheaper sterling will hurt some British households and enterprises while being a boon for others.

The most important thing that most countries around the world believe in is letting the markets determine the currency.

The fear is that if the dollar falls below 50% of the currency basket held by commercial and central banks and insurance companies, there may be a democratization of the way currencies are priced.

Dollar depreciation leads to higher inflation and ultimately forces foreign creditors to question their rationale and indeed their sanity for continuing purchases of U.S. Treasuries.

We live in an era where the global capital markets are the super power in the world, and when they move against you as they've moved against Russia, as we've all seen in the ruble, there's nothing that can stop that.

The uncontrolled increase of the euro rate vis-a-vis the dollar threatens employment growth in the euro area.

I think money is due for some sort of collapse. People are going to realize that money has a half-life, like radioactive elements.

We must stress that the euro has been beneficial to the European Union because, otherwise, in this context of international turmoil, every country would have to devalue their currencies.

The prices of all imports would rise if the dollar depreciates.

Chances are the movements of the euro as against the dollar will be relatively moderate.

The benefits from a world currency would be enormous.