7 May 2006

Buffett sceptical about soft landing for dollar - Sold his Silver

Buffett sceptical about soft landing for dollar - Financial Times - MSNBC.com: "Warren Buffett's negative view of the dollar has strengthened as US current account and fiscal deficits have continued growing, Mr Buffett said on Saturday.
The chairman of Berkshire Hathaway told 24,000 shareholders gathered in Omaha, Nebraska for the company's annual shareholders' meeting that he expected the dollar to weaken over time, and he expressed scepticism that the 'soft landing' predicted by some economists would come about." Buffett noted

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