Nirmala Sitharaman Quotes

One day we're going to look back at $1,700 with nostalgia. People are going to be shocked at how inexpensive gold was when it could be snapped up for such a bargain price.

The way I see it, gold is headed over $1000 an ounce, probably much higher. At anywhere near current prices, it's the lowest risk, highest potential investment I can think of.

Nobody at CNBC owns gold. Nobody at Bloomberg owns gold. Gold is being constantly talked down by the media, and Fed officials, and economists, who also don't own any gold. They're all stocked up in equities.

I never look at it like I'm wasting money when I'm buying gold.

Gold is special, and what makes it special is thousands of years of people wanting it..

If you are looking for a hedge for potential inflation for the future and have a longer term view, then gold is still a good bet.

Being associated with Malabar Gold has been wonderful, a relationship which is close to my heart with moments that are special to every Indian.

But not gold in commercial quantities, Just enough gold to make the engagement rings And marriage rings of those who owned the farm. What gold more innocent could one have asked for?

I really just appreciate good jewelry, clarity, gold. I think gold is made for kings and pharaohs - that's what I am. That's why I rock gold and, you know, stuff like that.

Gold is not overvalued at $500, and gold will not be overvalued at $1,500 or $2,000. The real money is buying gold and putting it away.

You could take all the gold that's ever been mined, and it would fill a cube 67 feet in each direction. For what that's worth at current gold prices, you could buy all -- not some -- all of the farmland in the United States. Plus, you could buy 10 Exxon Mobils, plus have $1 trillion of walking-around money. Or you could have a big cube of metal. Which would you take? Which is going to produce more value?

It's amazing how fast gold works.

I called gold the ultimate bubble, which means it may go higher. But it’s certainly not safe and it’s not going to last forever.

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

I've reached a point where I feel the only asset I have confidence in is gold.

I am an Indian, and I know what India is. I know Indian culture. I know Indian constitution and democracy.

I love my silver payals which I've been wearing for years now.

Start buying gold now, regardless of the price. By acting now, you will not have to react when it's too late. Too late will be when the majority of the public finally figures out what is happening to paper money and frantically tries to get aboard. Remember, if you're one of the ones holding paper in the end, you will have given away your products and services for nothing.

The percentage of Indian kids doing some sort of artistic work is much higher than in the general population - painting, drawing, dancing, singing. The creation of art is still an everyday part of Indian culture, unlike the dominant culture, where art is sort of peripheral.

Miners produce the bullion. If there is going to be more demand for gold from investors and central banks, where is the gold going to come from? They have to dig it out of the ground and sell it. As the price of gold goes higher, their profit margins increase. So if you are very bullish like I am and think there is going to be a big increase in gold, it's a huge opportunity for miners.

Place 5 percent to 10 percent of your total assets in gold bullion and selected gold and silver coins. No one knows with certainty whether the coming depression will be inflationary or deflationary.

There's no doubt in my mind that we'll have a mania in gold. And because the gold and especially silver markets are so tiny, the rush into them will be like trying to push the contents of Hoover Dam through a garden hose. Our positions will go absolutely ballistic.

If precious metals had been abundant, they would not have been precious.

India is, the cradle of the human race, the birthplace of human speech, the mother of history, the grandmother of legend, and the great grand mother of tradition. Our most valuable and most instructive materials in the history of man are treasured up in India only.

The spinning wheel is as much a necessity of Indian life as air and water.