Posted Article Months Ago
Nice to See Buffett Agrees
Buffett: I’m More Worried About Congress Messing up Economy with More Spending than Fed Policy
Always happy to see Buffett agrees. I’ve been preaching it for months. My sense is that he’s going to start reducing his investment in money center banks . . . unless they are domiciled in China or the Middle East . . . might be time for a different colored US currency . . . seriously, buy gold.
In short, there ain’t no way to save the bad banks and control inflation at the same time. As Buffalo Springfield sang in “For What It’s Worth” . . . there’s something happening here.
Hope you enjoyed this post. I’m just a young 68 years old; my Dad became a broker when I was 13. It’s time for me to ‘give back’ to all of you what’s in my head. It’s not always pretty but it’s based on history . . . and history, unchecked, repeats itself.
Everyone learns at their own pace. If you pick everything up the first time through, great but if not email me at dzimmer@substack.com so we can further help.