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Re: [RT] Warren Buffet and Silver



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At 11:53 PM 5/13/01 +0200, you wrote:

>Remember when Warren Buffett loaded up on Silver in the beginning of 1998?
>Has anyone been following this, or is aware of Buffett's rationale for this
>move? If I am not mistaken, Silver has kept falling ever since.
Michael:

He's been out of it for a very long time. I believe the next quarterly 
report showed that he had dumped it--and many folks believe he dumped it 
about the time the news that he was loading up on silver spiked prices higher.

Best,

Tim Morge


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