Monday, May 3, 2010

The "Oracle of Omaha" Warren Buffet is worried about currencies holding their value.

May 1, 2010, 1:08 p.m. EDT

Buffett bearish on currencies holding value
Greek crisis will produce 'high drama,' Berkshire chairman predicts.


OMAHA , Neb. (MarketWatch) -- Warren Buffett said Saturday that he's bearish about the ability of all currencies to hold their value over time because of massive deficits being run up by governments in the wake of the global financial crisis. LINK...

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Mr. Buffett does not make these type of comments unless he sees serious trouble ahead. As we have been saying with the help of our experienced mentors and resources, the economic problems are far from over and the best way to protect your assets is with Gold and Silver. GCC