Comments on: What does it mean when Buffett buys railways and India buys gold?

By: Should The Government Bail Out Pension Plans?

Should The Government Bail Out Pension Plans? — Wed, 11 Nov 2009 10:15:30 +0000

[...] LTD (long term disability) plan offered by Nortel and now might lose their benefits. As Thicken My Wallet pointed out in the comments – this basically a loophole in the law – the contributions [...]

By: Some Canadian Linkstuff, ING Referral Code And Book Links

Some Canadian Linkstuff, ING Referral Code And Book Links — Sat, 07 Nov 2009 04:12:09 +0000

[...] My Wallet asks what does it mean when Buffett (yes, it has 2 “t”s) buys railways and India buys gold. It probably means that TMW asks too many questions. Wasn’t Buffett the guy who got a [...]

By: A Lap Of The Blogs : WhereDoesAllMyMoneyGo.com

A Lap Of The Blogs : WhereDoesAllMyMoneyGo.com — Thu, 05 Nov 2009 23:30:43 +0000

[...] Thicken My Wallet talks about the meaning we can infer from Buffett buying railways and India buying gold this week. [...]

By: MoneyEnergy

MoneyEnergy — Thu, 05 Nov 2009 20:44:13 +0000

Two very interesting somewhat contrarian or alternative interpretations you’ve given here: that it’s a bet *against* the US economy (I like your interpretation!) and also that it’s a bet against the green movement. A while back I read Buffett or someone talking about Buffet’s interest in the railroads because they will do well in a green tech environment due to the possibility of great rail travel and electric rail usage.

But your point about the westward movement and ports is a good one, I think. Of course it would all be US exports, and this would help the trade portion of the US economy (which is admittedly only one limb of the US economy, so it remains to be seen how much overall beneficial effect it would really have – especially since oil is priced in USD and has become more expensive for US exporters).