A Quote by George Soros

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.

George Soros

Quote Topics

Bubble Certainly Forever Go Going Gold Higher Last May Means Safe Ultimate Which

Quote Author

George Soros
Hungarian - Businessman
Born: August 12, 1930

You can go back to tulip bulbs in Holland 400 years ago. The human beings going through combinations of fear and greed and all of that sort of thing, their behavior can lead to bubbles. And it may have had and Internet bubble at one time, you've had a farm bubble, farmland bubble in the Midwest which resulted in all kinds of tragedy in the early '80s.

Howard Warren Buffett

The ultimate asset bubble is gold.

George Soros

It stands to reason: Higher wages means higher loyalty and morale, which means higher productivity, which means a more profitable business.

Tom Perez

There are four pillars to happiness, which is the ultimate goal in life-to be happy. Health is first, family is second, home is third. That safe place where you can go to and regroup, be in a safe place by yourself start over. Those three things lead to the fourth pillar which is the hope and dream that tomorrow is going to be better. Without that you have not much at all.

Bill Walton

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.

Lysander Spooner

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.

Peter Schiff

But, in truth, it had not exactly been gold, or even the promise of gold, but more like the fantasy of gold, the fairy dream that the gold is there, at the end of the rainbow, and will continue to be there forever - provided, naturally, that you don't go and look. This is known as finance.

Terry Pratchett

When you look at my life, you can go back to the late 1930s, what I saw was, first of all, Hitler, he was going to live forever. Mussolini was in for 10,000 years. You had the Soviet Union, which was, by definition, going to last forever. There was the British empire -- nobody imagined it could come to an end. So why should one believe in any kind of permanence?

Doris Lessing

The one function that most gods seem to have in common is to give human existence some ultimate purpose - and, while it is not possible to disprove an ultimate purpose, there does not seem to be any evidence for it. This is not to say, of course, that there is no purpose in life at all: we all make our own purposes as we go through life. And life does not lose its value simply because it it not going to last forever.

Barbara Smoker

[The aim of science is] to explain what so far has taken to be an explicans, such as a law of nature. The task of empirical science constantly renews itself. We may go on forever, proceeding to explanations of a higher and higher universality.

Karl Popper

It means that no blue ribbon is forever. Someday - if the world doesn't explode itself in the meantime - someone will run a two-minute mile in the Olympics. It may take a hundred years or a thousand, but it will happen. Because there is no ultimate blue ribbon. There is zero, and there is eternity, and there is mortality, but there is no ultimate.

Stephen King

When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold.

George Soros

I've not won different awards - many, many times - so luckily I've practiced that whenever you are nominated for anything, you enter into this marvelous, fantabulous bubble called the bubble of nomination. The minute the envelope is opened and your name isn't called out, the bubble bursts. And no one calls you up the next day to say, 'So sorry you didn't win,' or 'You looked gorgeous - nothing. If you win, you get about another 24 hours in that lovely bubble and then - pop - you are slightly wet all over from the bubble and realize that you have to get on with real life.

Helen Mirren

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.