Edward Ulysses Cate

Buffett Gets 'Comeuppance' After Gold Outperforms

Hey Tobi: Good link to a good article. Us gold freaks will need ammo and guns to protect ourselves when having to barter with gold and silver because no one will touch the broken promises of printed paper. Broken promises are the real reason for holding gold and silver. Imagine the small angry bond/share holders of GM, Bear, and Lehman. Only the few who sold those folks out profited greatly.

Buffett Gets 'Comeuppance' After Gold Outperforms

I guess I'll never understand the hero worship of Warren Buffett. If you understand what an agent is for foreign money power, then you'll understand the success of Jack Welch, Sandy Weill, Warren Buffett and a few others. Agents generally give over their fortunes to foundations, where it remains controlled when the agent passes on. Of course, they say it's for other reasons. Always look for where they got their play money to grow.