68 Quotes by Mark Skousen
- Author Mark Skousen
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The worst thing that can happen to an investor is to make money on his first trade; he thinks investing is easy
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The profit motive promotes economic growth by creating better products at cheaper prices.
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Here in America, government began as a tool to assure freedom. It gradually turned into a hideously expensive political toy designed to redistribute your wealth and control most aspects of your business and private life.
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Back in 1960, the paper dollar and the silver dollar both were the same value. They circulated next to each other. Today? The paper dollar has lost 95% of its value, while the silver dollar is worth $34, and produced a 2-3 times rise in real value. Since we left the gold standard in 1971, both gold and silver have become superior inflation hedges.
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I only have disdain for New York City Mayor Michael Bloomberg. He raised taxes and has increased regulations. What else is new? He's a bully who wants to micro-manage people's lives by mandate, not persuasion.
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In the early 1980s, I burned my Social Security card at the New Orleans Investment Conference in protest of the state pension system.
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Even though I've reached retirement age, I still plan to work - writing my investment newsletter, speaking at conferences, publishing books, and producing conferences like FreedomFest.
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Gold is as steady as a rock, a standardbearer by which all currencies can be accurately measured.
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You can judge a man by the books in his library.
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