I live south of Omaha, Nebraska the home of the oracle of Omaha. Yes, Warren Buffet was bailed out and handed a sweet-heart deal to use Berkshire-Hathaway cash to lend out to financial institutions with extremely good terms.

I hold one share of baby-Berks so that I can go to several stores in Omaha and get shareholder only deals during the Berkshire Hathaway shareholders meeting. I have never been to one of those shareholder meetings.

I have seen first hand that Warren Buffet does not support financially conservative ideas. Warren Buffet and Berkshire Hathaway largely is out for itself. Is Warren Buffet a George Soros? No. But he is somewhere between Bill Gates and George Soros. In my opinion, closer to Bill Gates.

Yes, gold and silver have been talked about by more and more financial analysts lately. But I do not think you will hear it being touted everywhere until the elites and banks have all the gold and silver they want.

Now, Greg Hunter typically steers his guest away from talking about crypto-currencies. In my opinion, one should hold a few crypto-currencies too.

It is clear to those who have ears to hear and eyes to see that the world economy is not well. Even here in the U.S. it is clear that the economy is not strong for most. If you are in the financial industry benefiting from the free money from the Federal Reserve, then you are having a good year. But the overnight repo market is demonstrating that all is not well in the banking sector.

I saw that the central bank was set on fire in Iran. When the system finally fails, the people will blame something. Right now the banks and central banks are at the heart of it. When the system does finally fail, there will be much unrest.

Make the most of your week ahead!
Steem on,
Mike