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Old 03-18-2014, 09:30 AM
4-2-7 4-2-7 is offline
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Berkshire May Avoid $400 Million Tax Bill In Graham Holdings Swap

Berkshire May Avoid $400 Million Tax Bill In Graham Holdings Swap
http://www.thestreet.com/story/12529...ings-swap.html
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Old 03-18-2014, 10:19 AM
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Old 03-18-2014, 10:42 AM
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Old 03-18-2014, 10:45 AM
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Old 03-18-2014, 10:47 AM
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Not missing a thing. Just a lame effort at bashing Warren Buffett.

As if he's some sort of Hero of the Left.

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Old 03-18-2014, 10:36 PM
4-2-7 4-2-7 is offline
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Originally Posted by Boreas View Post
Not missing a thing. Just a lame effort at bashing Warren Buffett.

As if he's some sort of Hero of the Left.

John
Yeah right thats some shady ass shit their pulling. But I guess it goes over your head.

Last edited by 4-2-7; 03-19-2014 at 08:14 PM.
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Old 03-18-2014, 11:57 PM
4-2-7 4-2-7 is offline
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Not missing a thing. Just a lame effort at bashing Warren Buffett.

As if he's some sort of Hero of the Left.


John
He is Obama's token golden boy capitalist investor.

Have you ever heard of the Hunt Brothers?

The silver market is much smaller in value than the gold market. The London silver bullion market turns over 18 times less money than gold.[18] With physical demand estimated at only $15.2 billion per year, it is possible for a large trader or investor to influence the silver price either positively or negatively. For example:

From 1973 the Hunt brothers began cornering the market in silver, helping to cause a spike in January 1980 of the London Silver Fix to $49.45 per troy ounce, silver futures to reach an intraday all-time high of $50.35 per troy ounce and a reduction of the gold/silver ratio down to 1:17.0 (gold also peaked the same day in 1980, at $850 per troy ounce).[19][20] In the last nine months of 1979, the brothers were estimated to be holding over 100 million troy ounces of silver and several large silver futures contracts.[21] However, a combination of changed trading rules on the New York Mercantile Exchange (NYMEX) and the intervention of the Federal Reserve put an end to the game. By 1982 the London Silver Fix had collapsed by 90% to $4.90 per troy ounce
http://en.wikipedia.org/wiki/Silver_as_an_investment

Funny the two peopel the mention on this page is the Hunt's and Warren Buffett.
Silver as an investment

In 1997, Warren Buffett purchased 130 million troy ounces (4,000 metric tons) of silver at approximately $4.50 per troy ounce (total value $585 million). On May 6, 2006, Buffett announced to shareholders that his company no longer held any silver.

From September 2005 onwards, the price of silver has risen fairly steeply, being initially around $7 per troy ounce but reaching $14 per ozt. for the first time by late April 2006. The monthly average price of silver was $12.61 per troy ounce during April 2006, and the spot price was around $15.78 per troy ounce on November 6, 2007. As of March 2008, it hovered around $20 per troy ounce.[15] However, the price of silver plummeted 58% in October 2008, along with other metals and commodities, due to the effects of the credit crunch.[16] By April 2011, silver had rebounded to reach a 31-year high hitting $49.21 per ounce on April 29, 2011 due to economic concerns about inflation and uncertainty regarding bailouts in the Eurozone.[17] From the year 1840 to 2012 silver has its life time high-price in 1980 on Silver Thursday.

A big driver for silver sales in 2012 was Morgan Stanley and their short position holdings. This has influenced the silver market, along with an apparent shortage of above ground silver available for investment. As silver continues to boom for industrial uses, less of the metal is available for physical bullion for investment. That, coupled with paper investment uncertainty, has driven the market prices wildly.
http://en.wikipedia.org/wiki/Silver_as_an_investment

So the feds got to Buffet to dump his shares and stop manipulating the market. The only ones aloud to manipulate the silver market is the feds. So old Warren must have made some deal not to lose everything like the Hunt Brothers. Ever since Warren has been the mouth peace for the Left saying whatever they direct him to.

Either that or he is the worst investor and business man in the world. Selling his silver shares right at the upswing in prices.

This is the chart that covers the time Buffet cornered the market. 97-07





This is 1997- 2014





Here is the money he left on the table $50 oz x130 million that he paid $4.50 an oz for.

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Old 03-19-2014, 08:37 PM
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