Money
Warren Buffett Holding 350 Billion in Cash Signals Lost Faith in US Markets
Everyday Spy
CIA Spy: This ALWAYS Happens Right Before Collapse...
What was said
"Right now, Warren Buffett is holding in excess of $350 billion in cash reserves. Rather than have faith in the US stock market, rather than have faith in the US housing market, rather than have faith in the US commercial real estate market, the one thing that Warren Buffett wants to do is hold on to his cash as cash."
Bustamante pointed to Berkshire Hathaway's unprecedented $350 billion cash position as evidence that the world's most successful investor has lost confidence in US equities, real estate, and bonds. He characterized this defensive positioning by a major market mover as a clear warning sign of pending collapse.
Verification status
Attributed speaker claim
Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.
Source and context
Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.
- Programme
- Everyday Spy
- Episode
- CIA Spy: This ALWAYS Happens Right Before Collapse...
- Clip time
- 7:47
- Original source
- Watch the source segment →
From this episode
Everyday Spy