[The infamous investor warned that investors in gold would be left with egg on their face when the price eventually crashed. ]
what a moron. Gold precisely follows the printimg press of Bernanke. No big mystery. Retrenchment, maybe. Collapse, not very lkely.
How much value would Warren’s firms have today, if they hadn’t been bailed out by the government?
For that matter who owns Moodys, the ratings firm that slapped AAA ratings on all that toxic sludge slung around the world far and wide?
Why did ole’ Warren change his tune on derivatives??
I guess the apple does fall pretty far from the tree, sometimes. I smell a rat. At least read the article linked above by Congressman Buffet, and keep his viewpoint in mind when listening to Warren.