Monday, September 19, 2011
"Buffett has served as an informal adviser to the president since Obama’s 2008 election campaign. He plans to hold a Sept. 30 fundraiser in New York for Obama’s re-election bid."
Here's the reference: LINK
Anyone recall Buffet being on the ballot? What's even more troubling about this is the fact that Buffet sponsor's fundraising events for Obama, the most most recent being a $35,000/plate dinner in NYC after Buffet negotiated a "tails I win, heads shareholders lose" deal to invest in Bank of America.
Is this how our democratic system is supposed to work? Everyone happy they are now controlled directly by Warren Buffet's view of the way things should be?
On another note, the Financial Times highlights another reason the fundamentals for gold keep getting better. Many of us have known that Central Banks became net buyers of gold - after decades of selling and rehypothecating their gold - in 2010. The more mainstream media is finally catching on to this:
Here's the reference: LINK
Anyone recall Buffet being on the ballot? What's even more troubling about this is the fact that Buffet sponsor's fundraising events for Obama, the most most recent being a $35,000/plate dinner in NYC after Buffet negotiated a "tails I win, heads shareholders lose" deal to invest in Bank of America.
Is this how our democratic system is supposed to work? Everyone happy they are now controlled directly by Warren Buffet's view of the way things should be?
On another note, the Financial Times highlights another reason the fundamentals for gold keep getting better. Many of us have known that Central Banks became net buyers of gold - after decades of selling and rehypothecating their gold - in 2010. The more mainstream media is finally catching on to this:
We’re going back to a time when gold is seen very much as money,” Jonathan Spall, director of precious metals sales at Barclays Capital, told FT.com in a video interview. “It has been a complete reversal of the attitudes we saw during the 1990s LINKInterestingly, the bulk of the CB buying is from Centrals Banks in India, Asia, the Middle East and South America/Mexico. ECB banks are buying very little but their selling stopped over the last year. Where's the Fed on this? In fact, let's have a look at the gold that owned by the citizens but safekept by the Fed. Where is it?
