Buffett bashes gold..

[nigerian prince]

in an article found on the site homepage http://tinyurl.com/7dvnv6j, warren buffett basically trashes gold in a letter to his shareholders,,
why do you think he would do this??

[cosmyccowboy]

buffett is sucking at the hind teat of goverment largess and will do nothing that upsets his masters!
jeff

[victor kruger]

Your only as good as your last call, Buffet has been making bad calls for a while now with anything to do with PM. I suspect he was shaken out a while back and is now a patsy spokesman for the cartels. Hes also in with Moodys who rated all the triple A mortgages, nice one warren lol Don't buy PM because warren said so ? yea ok Buffett, go re read your fathers paper from 1948 you might re learn something.

Congressman Howard Buffett stresses relation between
money and freedom and contends without a
redeemable currency, individual's freedom to
sustain himself or move his property is
dependent on goodwill of politicians. Says
paper money systems generally collapse and
result in economic chaos. Points out gold
standard would restrict government spending
and give people greater power over public
purse. Holds present is propitious time to
restore gold standard.

http://www.fame.org/pdf/buffet3.pdf

[Mr.Akamkk]

He bashes gold because he doesn't want to admit his freinds in Washington are all a bunch of criminals. He's a patriot and I applaude him for that, he's also a fool and he's trying to convince people of things he doesn't believe himself. I bet he has quite a stack of gold and silver he isn't telling anyone about.

[nigerian prince]

ya i was thinking he must secretly have at least 10s of millions worth of gold..

(02-27-2012 09:37 PM)Mr.Akamkk Wrote:  He bashes gold because he doesn't want to admit his freinds in Washington are all a bunch of criminals. He's a patriot and I applaude him for that, he's also a fool and he's trying to convince people of things he doesn't believe himself. I bet he has quite a stack of gold and silver he isn't telling anyone about.

[travis]

Buffett is a government stooge. Yes he is brilliant when it comes to stocks but not too good with history.
I do understand where he is coming from. He is basically saying, don't put your money in shiny metals but put them into businesses that can grow your wealth. Well I would love to do that except that the markets are rigged, the tables are tilted and you won't get any real returns beyond inflation anyways.

[John Winger]

The Oligarch from Omaha. Why waste your time talking about this hack? Seriously, the only thing that he has going for him is a very well trained and expensive PR firm.