Comments about ‘Buffett's railroad investment shows long-term vision’

Buffett's railroad investment shows long-term vision of killing off the dollar with higher taxes for us. Sometimes it really gets to me how these gold bears who have been wrong from $300 until now continue to push their bearish propaganda. When will they wake up and smell the currency crisis, and no it's not only the US dollar. They constantly tout facts that ignore the real issues. I said many times before that I am not a gold bug. In one article I even titled it Confessions of a Non Gold Bug and opened with; “I must admit that I could care less where the bull market is. I am not a gold or silver bug. I understand monetary history and the events unfolding today are, in history, what make gold and silver shine and their true use, as money, reappear. The only reasons anyone could be bearish gold and silver is ignorance, or they are talking their books, or they need gold lower to get out of their derivative products. Sure, I am talking my book, but my book is so small compared to the big money who are now interested in gold and silver.

Buffett's best friend, Gates has been the largest single shareholder of CN Rail for years. Who do you think Gates got his investment advice from? Railroad serves as a proxy bet on commodities, a bet on energy price, and a bet on the developing nations which will be purchasing more raw material from the U.S. in the future. BNFS has only one competitor and in some routes, they have none. This a smart move for Buffett. Retail investors should consider getting into railroad before it is too late.