Warren Buffet still short the USD ?

Discussion in 'Forex' started by virgin, Feb 19, 2007.

  1. virgin


    When did he short the USD and when did he take profit,loss or is he still short ?
  2. the last I heard he rationalized that he is long USD in terms of his holdings in the USA, so he is not really net short USD.

    I heard he covered a portion of it a few months back.
  3. notouch


    In which case any short USD positions he has merely act as a hedge, which is a sensible strategy for someone with his portfolio.
  4. dinoman


    This is a dead trade move on! Neither side will win in the short-term. It its range bound.
  5. USD will go down for next two years