“Gold is the most precious of all commodities.”

Tomorrow morning before we depart, I intend to land and see what can be found in the neighborhood.

Thus the eternal God, our Lord, gives victory to those who follow His way over apparent impossibilities.

By prevailing over all obstacles and distractions, one may unfailingly arrive at his chosen goal or destination.

But in truth, should I meet with gold or spices in great quantity, I shall remain till I collect as much as possible, and for this purpose I am proceeding solely in quest of them.

Day and night, moment by moment, everyone should express their most devoted gratitude to God.

The air soft as that of Seville in April, and so fragrant that it was delicious to breathe it.

One does not discover new lands without consenting to lose sight of the shore for a very long time. Variants include “You can never cross the ocean unless you have the courage to lose sight of the shore”.

No one should fear to undertake any task in the name of our Saviour, if it is just and if the intention is purely for His holy service.

You can never cross the ocean unless you have the courage to lose sight of the shore.

I’m telling you that India is that way, now set my course.

Following the light of the sun, we left the Old World.

Riches don’t make a man rich, they only make him busier.

I have come to believe that this is a mighty continent which was hitherto unknown.

It is easy to discover what another has discovered before.

The sea will grant each man new hope, and sleep will bring dreams of home.

Nothing that results in human progress is achieved with unanimous consent. Those that are enlightened before the others are condemned to pursue that light in spite of the others.

Neither machines, nor the commodities made by them, rise in real value, but all commodities made by machines fall, and fall in proportion to their durability.

The exchangeable value of all commodities rises as the difficulties of their production increase.

Any commodity that sees its price going higher will see new mines opening up.

No extension of foreign trade will immediately increase the amount of value in a country, although it will very powerfully contribute to increase the mass of commodities and therefore the sum of enjoyments.

But a rise in the wages of labour would not equally affect commodities produced with machinery quickly consumed, and commodities produced with machinery slowly consumed.

Gold, unlike all other commodities, is a currency…and the major thrust in the demand for gold is not for jewelry.

Nor can private counterparties restrict supplies of gold, another commodity whose derivatives are often traded over-the-counter, where central banks stand ready to lease gold in increasing quantities should the price rise.

1 billion of excess cash flow coverage through 2017 and the Access cash flows, along with our major new fee based projects continue to dramatically reduce exposure to commodity prices.