welcome back to the kaiser report i'm max keyser time now to go to the to the oracle of secaucus the scene here of bayonne they want to only michael pentel of pent up port dot com michael welcome back it's good to be with you tremendous to see you. all is a good time with michael pent all right let's you know usually we talk kind of macro stuff and i wanted to dig into some what's happening in your industry folks that are doing what you do and trying to make money in these markets a start with warren buffett you know he's dumped all of his airline stock recently most of his bank shares he went long barrick gold that's quite an interesting move there and japanese conglomerates shorting america the thing that he said he would never do michel this is a traditional emblematic person who says you know just buy and hold america and now he's buying gold so i guess you can teach an old dog new tricks he no longer believes in this sanctity and the purchasing power of the u.s. dollar so he selling dollars by interest metals i love the movie i think is very wise and he's welcome aboard my team