1. Youri Carma says:

    Charlie Munger: Gold Is For Holocaust-Era Jewish Families To Sew Into Their Garments; Civilized People Don’t Buy Gold

    Ergo: Jewish families who sewed gold onto their garments are not civilized people according to Charlie Munger.

  2. Youri Carma says:

    Because it’s weekend and it’s sucha great personal WOII story heard first hand :

    Father of a friend of mine, son of a successfully tulip bulb cultivator, travelled the whole world as tulip bulb salesman.

    He even saw Hitler on one of his business travels to Berlin just before the war. When he was visiting the Cinema in Berlin he didn’t feel like standing up and applauding after the propaganda news, usually shown before the main movie at that time. Immediately two Gestapo spooks approached him, graped him by the shoulder and lead him outside the movie theatre and started questioning him. When they discovered he wasn’t German but Dutch they apologized and he was allowed to finish watching the movie. But what would have happened if he wasn’t a foreigner but German?

    Same tulip bulb trader was in the U.S. when Holland was invaded on 10 May 1940 by the Nazi’s. Hearing the news he called back home to decide on what to do, go back to Holland or stay in the U.S.? He decide to stay in the U.S. and joined the U.S. Navy. In the U.S. Navy he travelled several times to Murmansk, Russia on a so-called Liberty ship to deliver American goods to Stalin Russia. He saw many ships blown up in front of his eyes with people screaming in the cold Atlantic ocean but they weren’t allowed to stop to pick them up because that would make them an easy target for U-Boats so-called ‘Wulfpacks’.

    One day a crazy U-Boat floated with the Liberty ship convoy trough the torpedo netting into the Russian harbor of Murmansk, surfaced and started shooting with all it got. Didn’t last long but what a crazy story this is.

    Other one: On board they had a nice Italian guy who would man the anti aircraft gun on the Liberty ship but when he went shooting he always went completely beserk completely forgetting to not aim the gun over the ship itself during a raid. Since his fanatics was badly needed at that time they welded a frame around the gun so he could go his fanatic way without hurting the crew Smiley

    After several very life threatening trips to Murmansk he got a cushy job on Guam as military police.

  3. Maneco says:

    This is an interesting article about Charlie Munger’s comments about gold on CNBC.

  4. williambanzai7 says:

    The man is senile. He has no idea how markets work now. If he had any remote inkling he would not cling to quaint notions about stock picking.

  5. @M&S,

    little mr. Buffett sat on his tuffet
    investing other’s life savings away
    along came a Munger, who said gold is no longer
    dismissing US fiat dollar decay

  6. dave says:

    I loved him in the scene at the end of ‘Raiders of the Lost Ark’ when his face melted off. Apparently, he does all of his own stunts and the plastic surgeons in Hollywood were able to restore it without too much of a burn victim look. HFTs are the new Ark of the Covenant, don’t open and don’t look inside. Right now, Max and Stacey are in the map room with a revised version of the Staff of Ra now made of solid silver. Go SLA!

  7. Bruce says:

    Coca-Cola Video and Audio : Videos and Audio Clips
    Featuring Warren Buffet, cokehead.

  8. Kevin Eshbach says:


    You should watch this update on Fukushima.

  9. aaah says:

    @ dave

    Spot on. I had the same thought when I saw the photo.
    Max & Stacy are still tied to the staff-
    symbolic of the handcuffing of silver manipulation,
    however we all know that freedom is close at hand.
    Here is the vid of 21 seconds of Nazi face melting.

  10. Charlie says:

    Charlie Mungers comments smack of propaganda so clearly that they are self defeating in regards to his intent of driving down the price of gold and silver.

  11. snoop diddy says:

    demented little freak-
    nice one wb7, the resemblance to Gollum is uncanny too lol