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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: philv who wrote (20825)5/1/2004 2:17:37 PM
From: sea_urchin  Read Replies (1) of 81226
 
Phil > I may have to seek a more positive prognosis from another guru to contrast your most pessimistic assessment. And, when I get that positive outlook, I can then chose which guru I want to believe or follow.

You may have already seen this, but you have found support from an unexpected person.

quote.bloomberg.com

>>> Billionaire investor Warren Buffett said he has increased his bet against the U.S. dollar in the past several months on concern that the U.S. trade deficit will weaken the currency over time.

``We think that over time that the dollar is likely to decline in value against some of the major currencies,'' said Buffett in an interview before the Berkshire Hathaway Inc. annual shareholder meeting in Omaha, Nebraska. ``We've added a little bit, more than a little bit'' in the last few months to Berkshire's foreign currency position, he said. <<<
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