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Posts tagged "quote"
They take it out of the ground in South Africa, ship it to the Federal Reserve, where they put it back in the ground. If you were watching from Mars, you might think it’s a little peculiar.

Warren Buffet on gold, demonstrating yet again why so many people trust him to manage their investments. Despite the fact that gold is just a metal originally valued because it’s pretty and easy to work without significant heating, it’s now somehow become this really important store of value when investors are worried. I feel like it’s some kind of psychological thing; people like to have stuff when the market crashes instead of just certificates, even if that stuff is basically useless. (You can’t eat gold, nor can you sell it to be made into much other than jewelry - and in many places where gold jewelry is common, it’s being used as a store of value rather than ornamentation anyway.)

How desperate are investors to buy gold? Right now, they are buying up so much that vaults are literally running out of room. Newly mined gold and liquidated gold jewelry is increasingly ending up in these big vaults in Fort Knox, London, Perth, Singapore and elsewhere, all stored in the names of investors who think they’re buying up an asset that will somehow keep them rich through a big financial crash.

Not only is a really bizarre-seeming cultural institution, but it’s also a suboptimal strategy in the event of a crash (since governments and other big investors would have to draw down their reserves, which means falling gold prices). On the social side of things, it’s a serious problem because it means that instead of the wealthy investing in new businesses (which hire new staff and offer desirable new goods and services) they’re investing in shiny rocks which they then lock up in vaults forever. Putting money in gold is probably the most effective way to choke off any broader social impact of your investment.

(via jakke)

(via optimistic-red-velvet-walrus)

No one wants to be called “homophobic,” particularly people who are, in their personal dealings, anything but. That word comes out and people shut down, stop listening, stop believing. There is a difference between “I am gay,” “my friends are gay,” “my relatives are gay,” “I would never do or say anything homophobic,” and “I don’t think this really good book will sell if the characters are queer.” The latter is a far more subtle, widespread, insidious problem. As Marie Brennan puts it, “You don’t have to hate gay people to contribute to the ways in which they get silenced. It can happen even if you like them, because that’s how institutionalized prejudice works.
Real education is about getting people involved in thinking for themselves … it requires that whatever it is you’re looking at has to somehow catch people’s interest and make them want to think, and make them want to pursue and explore. And just regurgitating “Good Books” is absolutely the worst way to do it – that’s just a way of turning people into automata.

The kingdom of heaven promised us certain things: it promised us happiness and a sense of purpose and a sense of having a place in the universe, of having a role and a destiny that were noble and splendid; and so we were connected to things. We were not alienated. But now that, for me anyway, the King is dead, I find that I still need these things that heaven promised, and I’m not willing to live without them. I don’t think I will continue to live after I’m dead, so if I am to achieve these things I must try to bring them about – and encourage other people to bring them about – on earth, in a republic in which we are all free and equal – and responsible – citizens.

Now, what does this involve? It involves all the best qualities of things. We mustn’t shut anything out. If the Church has told us, for example, that forgiving our enemies is good, and if that seems to be a good thing to do, we must do it. If, on the other hand, those who struggled against the Church have shown us that free enquiry and unfettered scientific exploration is good – and I believe that they have – then we must hold this up as a good as well.

Whatever we can find that we feel to be good – and not just feel but can see with the accumulated wisdom that we have as we grow up, and read about history and learn from our own experiences and so on – wherever they come from, and whoever taught them in the first place, let’s use them and do whatever we can do to make the world a little bit better.

Philip Pullman (via kamigami)

turning this into a philip pullman stan blog

ugh my heart

(via panasonicyouth)

(via optimistic-red-velvet-walrus)

Some people are born on third base and go through life thinking they hit a triple.

Barry Switzer, former football coach for college and professional teams, giving what I think is a marvelous definition of privilege. 

(via cognitivedissonance)

Pretty friggin’ spot on.

(via yarr-metis)

(via optimistic-red-velvet-walrus)


“The first time you buy a house you think how pretty it is and sign the check. The second time you look to see if the basement has termites. It`s the same with men.”

Lupe Velez

(via mexicanisimo)


“My feet is tired, but my soul is rested.”

(via laborreguitina)

Some periods of our growth are so confusing that we don’t even recognize that growth is happening. We may feel hostile or angry or weepy and hysterical, or we may feel depressed. It would never occur to us, unless we stumbled on a book or a person who explained to us, that we in fact in the process of change, of actually becoming larger, spiritually, than we were before. Whenever we grow, we tend to feel it, as a young seed must feel the weight and inertia of the earth as it seeks to break out of its shell on its way to becoming a plant. Often the feeling is anything but pleasant. But what is most unpleasant is the not knowing what is happening[…]Those long periods when something inside ourselves seems to be waiting, holding its breath, unsure about what the next step should be, eventually become the periods we wait for, for it is in those periods that we realize that we are being prepared for the next phase of our life and that, in all probability, a new level of the personality is about to be revealed.
Alice Walker (via dahlias-y-rosas)

(via rosas-sylvestres)

If you are silent about your pain, they’ll kill you and say you enjoyed it.
Zora Neale Hurston [via funkchunk] (via ericalamity)

(via fuckyeahlgbtqlatinxs-deactivate)