Over the long run, the price of gold approximates the total amount of money in circulation divided by the size of the gold stock. If the market price of gold moves a long way from this level, it may indicate a buying or selling opportunity. (Ray Dalio)

Over the long run, the price of gold approximates the total amount of money in circulation divided by the size of the gold stock. If the market price of gold moves a long way from this level, it may indicate a buying or selling opportunity.

Related topics

amount buying circulation gold level market money opportunity price run selling size stock total way moves

Related quotes

Normally I would not recommend a book that tells you how to make money in the stock market. Most of these books are aimed at gullible folk, and they usually make much more money for their authors than they do for the investing public.

Gavyn Davies

Capitalism is not about free competitive choices among people who are reasonably equal in their buying and selling of economic power, it is about concentrating capital, concentrating economic power in very few hands using that power to trash everyone who gets in their way.

David Korten

Money is a good thing to run after. It is very important to be financially stable but you have to keep your wrongs and rights in mind. Don't shy away from earning but without selling your soul.

Shahrukh Khan

It so coincided that Marcos had money. After the Bretton Woods agreement he started buying gold from Fort Knox. Three thousand tons, then 4,000 tons. I have documents for these: 7,000 tons. Marcos was so smart. He had it all. It's funny; America didn't understand him.

Imelda Marcos

In the short-run, the market is a voting machine - reflecting a voter-registration test that requires only money, not intelligence or emotional stability - but in the long- run, the market is a weighing machine.

Benjamin Graham