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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: sea_urchin who wrote (20839)5/1/2004 11:33:05 PM
From: Jamey  Read Replies (1) | Respond to of 81237
 
Searle, I'm playing my hand with the man called Buffet.

He is betting big against the USD which is gold positive.

"May 1 (Bloomberg) -- 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." <cut>

quote.bloomberg.com

James