A Quote by Ben Bernanke

Nobody really understands gold prices and I don't pretend to understand them either. — © Ben Bernanke
Nobody really understands gold prices and I don't pretend to understand them either.
To measure prices by a currency that is called by the same names as gold, but that is really inferior in value to gold, and then - because those prices are nominally higher than gold prices - to say that they are inflated, relatively to gold, is a perfect absurdity.
All the books on my shelves, when I would go to them to look for help with my anguish, they all just seemed so crass. They didn't get it. Those books don't understand. Nobody understands. The universe, nobody understands my agony, or my questioning, and it's this shift in what in the world around us could possibly be meaningful or helpful.
And it's a necessity [for journalists] to pretend to be competent on every subject, some of which they really do not understand. They are under that necessity, I regret; I'm sorry for them. But to pretend to understand all the things you write about, and habitually to write about things you do not understand, is a very corrupting thing.
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.
Historically, there hasn't been a significant correlation between gold prices and U.S. elections. Furthermore, history has shown that gold prices tend to fall just before U.S. elections and rise immediately after, and this goes on until the next election.
My treasure chest is filled with gold. Gold . . . gold . . . gold . . . Vagabond's gold and drifter's gold . . . Worthless, priceless, dreamer's gold . . . Gold of the sunset . . . gold of the dawn . . .Gold of the showertrees on my lawn . . . Poet's gold and artist's gold . . . Gold that can not be bought or sold - Gold.
In order to help another effectively, I must understand what he understands. If I do not know that, my greater understanding will be of no help to him... instruction begins when you put yourself in his place so that you may understand what he understands and in the way he understands it.
All the books on my shelves, when I would go to them to look for help with my anguish, they all just seemed so crass. They didn't get it. Those books don't understand. Nobody understands.
I understand that nobody understands me, but I can't be someone I'm not.
Gold is not necessary. I have no interest in gold. We'll build a solid state, without an ounce of gold behind it. Anyone who sells above the set prices, let him be marched off to a concentration. That's the bastion of money.
I have never been able to understand why it is that just because I am unintelligible nobody understands me.
The thing about Buffy and Spike is they understand each other on a level that nobody else understands her.
When you talk with famous scholars, the best thing is to pretend that occasionally you do not quite understand them. If you understand too little, you will be despised; if you understand too much, you will be disliked; if you just fail occasionally to understand them, you will suit each other very well.
Your body has natural healing capacities that nobody in the field of medicine can pretend ultimately to understand.
Nobody understands me, I'm really sensitive.
Stock prices are likely to be among the prices that are relatively vulnerable to purely social movements because there is no accepted theory by which to understand the worth of stocks....investors have no model or at best a very incomplete model of behavior of prices, dividend, or earnings, of speculative assets.
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