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Buffett And Soros Said To Be Shorting The Dollar

by Carla Johnson, Investors Offshore.com, London

02 March 2004

Alternative news site www.conspiracyplanet.com reports that investment gurus Warren Buffett and George Soros are shorting US financial assets. Warren Buffett is said to have revealed in a series of interviews that he has sold about 83% of his long position in US equities and corporate bonds over the last three months. He says that now he owns fewer US stocks and bonds than ever before.

The site also reports that Buffett has formed a consortium with George Soros and others 'to short the US dollar in size'. In the past George Soros has been short the US Dollar, the British Pound and other currencies in positions that have been a trillion dollars or more, says the publication.

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