100% agree. Warren Buffett seems to be preparing for a recession. I think he wants to have plenty of cash to go shopping when stock prices come down. As he famously said, "Opportunities come along rarely. When it rains gold, put out the bucket, not the thimble."
I hope this stops the frigging building all around me in my small rural town. Economy so bad yet they are coming and building. County is even building.
The keynesians are so stupid in their assumption that they can control interest rates - it's the bond market that does this ultimately. And who wants to buy USTs? I'm surprised that Buffet is buying them instead of Gold. Does this indicate he's done a deal with the Fed?
“what will Start WW3” Crossing one of Putin’s two red lines: 1) Ukraine joining NATO; 2) the U.S. sending long-range missiles to Ukraine that can hit Moscow (and the American operators necessary to deploy them). Putin’s red lines are not like the “kinda reddish dotted lines” that American presidents make. (And in the spirit of Lance’s post, here are some unnecessary periods: …….)
The herd of home owners trying to sell their 'dream, overpriced house' is in the process of becoming a Virtual Stampede. The pool of suckers has drained and the owners will be left 'home(less) alone'.
The ponzi scheme lasted as long as it did because a sucker is born every day in America.
A rising 10-year Treasury yield translates into higher mortgage rates. They shouldn't be doing this in a Fed easing cycle. And if they stay up here, expect an epic housing bust in the coming year.
housing should have Busted ages ago.........the price of housing is absolutely Stupid.....almost as Stupid as Kamala
What a Trump victory would sound like:
https://www.youtube.com/watch?v=3_lEXliZSPY
100% agree. Warren Buffett seems to be preparing for a recession. I think he wants to have plenty of cash to go shopping when stock prices come down. As he famously said, "Opportunities come along rarely. When it rains gold, put out the bucket, not the thimble."
What happened to his OXY. Is something ready to happen?
When USD goes digital, what will happen to $ of Corps. not in the correct party!
Or he's prepping for acquisition.
So how much PHYsical gold and silver / metals and miners is Buffet now holding...?
His father a Senator, was one of the real gold bulls and then bought 128 million oz of silver but sold that to ?
and then bought million og shares in Barrick gold, but then dumped them all again..
He nows something, way before it happens
When he starts buying metals and miners, its time to get out..!!
I hope this stops the frigging building all around me in my small rural town. Economy so bad yet they are coming and building. County is even building.
The keynesians are so stupid in their assumption that they can control interest rates - it's the bond market that does this ultimately. And who wants to buy USTs? I'm surprised that Buffet is buying them instead of Gold. Does this indicate he's done a deal with the Fed?
Remember he is always on the correct side. He is GOOD friend of the power.
Shame - his father was a Sound Money guy (search for his speech given in 1948. They're all f'ing bought now!
Warren Buffett vs the Stock Market
my gut tells me
that after the Nov 5....Election....or Selection.....that Shit is going to hit the Fan......
the Bond Market is signaling Shit is in the Air .......no matter who gets into the White House
the White House is itching for a WW3........i have no idea how they are going to get it......but they are hungry for it..............
WW2.....started with Pearl Harbor...........what will Start WW3.....
i think that perhaps that is what the Bond Market and Warren Buffett are trying to tell us
Correct me on all facts if i am wrong......
“what will Start WW3” Crossing one of Putin’s two red lines: 1) Ukraine joining NATO; 2) the U.S. sending long-range missiles to Ukraine that can hit Moscow (and the American operators necessary to deploy them). Putin’s red lines are not like the “kinda reddish dotted lines” that American presidents make. (And in the spirit of Lance’s post, here are some unnecessary periods: …….)
The herd of home owners trying to sell their 'dream, overpriced house' is in the process of becoming a Virtual Stampede. The pool of suckers has drained and the owners will be left 'home(less) alone'.
The ponzi scheme lasted as long as it did because a sucker is born every day in America.
A rising 10-year Treasury yield translates into higher mortgage rates. They shouldn't be doing this in a Fed easing cycle. And if they stay up here, expect an epic housing bust in the coming year.
housing should have Busted ages ago.........the price of housing is absolutely Stupid.....almost as Stupid as Kamala
John and I remember the bond vigilantes. I think they’re back.
Good stuff Mr. Rubino!