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Sox First

  • Buffett bets big on US recovery

    Warren Buffett has taken a giant wager on the US economy recovering with Berkshire Hathaway announcing it's buying the rest of Burlington Northern and Santa Fe, America's second biggest railroad, that he doesn't already own. As the New York Times says, the Sage of Omaha is betting that as the' [...]
    Posted: November 04, 2009, 4:08am EST
  • India goes for gold: dollar to lose out

    Extraordinary developments with India paying $6.7 billion for IMF gold, giving its bank the about the tenth largest gold holdings of all the central banks. At the moment, gold now makes up about 6% of India's foreign exchange reserves. You can bet that will grow substantially. The deal has sent' [...]
    Posted: November 04, 2009, 3:28am EST

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