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Politics : Welcome to Slider's Dugout
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To: ecrire who wrote (9730)5/19/2008 2:19:51 PM
From: RonMerks  Read Replies (1) of 50042
 
Re- 'In an interview on CNBC last night Warren Buffet continues his long term bearish stance on the US Dollar, given current and prospective policies. Of course he is not known for exquisite timing.'

But, he covered ALL of his US dollar shorts.

I think you and Cactus Jack are missing the significant difference between covering one's shorts, and still talking- 'bearish' on the dollar.

Follow the money- not the talk.

Both Buffett and Rogers are still 'talking' weak dollar- but BOTH covered their US Dollar shorts.

Ron
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