Vicki Davis
Warren Buffet is Short too
Wed Oct 19, 2005 17:30
24.119.126.235

 
Warren Buffet started selling the dollar short at least a year ago - maybe longer.

http://www.heritage.org/Research/TradeandForeignAid/bg1855.cfm
It is also true that the dollar has fallen from its heights of 2000, when a single dollar traded for 1.15 euros. Today, one dollar trades for 0.8 euros, a decline that one French official has called “brutal” even as many analysts suggest that the dollar still remains overvalued. For example, Warren Buffet and Bill Gates have declared that they are “short the dollar”[4]—a gamble that, it should be noted, has lost them millions. Some pundits cheer the dollar’s decline as an overdue stimulant to American man­ufacturing exports, while others fret that it repre­sents economic decline.


Dumping of US dollar could trigger 'economic September 11'
http://www.infowars.com/articles/economy/dollar_dumping_could_cause_econ_911.htm


It's pretty obvious that the U.S. the financial crisis is about to hit hard. Just watch C-Span and you'll see it on the faces of the corporate wh*re politicians.
 

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