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Buffett: This potential disaster could be as big as the credit crisis
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Wednesday, August 19, 2009
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By Daily Crux Editor Brian Hunt:

Warren Buffett is making big news today. No, it's not word of him buying any stock or commodity. It's his recent op-ed piece in the New York Times.

Buffett is sounding the warning that America's enormous and mushrooming public debt presents an enormous inflation risk. He points out that private savings and foreign loans won't adequately cover our huge borrowing.

Our recommendation: Make sure you own gold and stocks that will rise along with inflation.

Read full article…

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Topics: Warren Buffett | Guru | Stocks
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