원문 보기
the biggest news of all is not trump or biden or covet it's warren buffett dumping bank stocks and dumping airline stocks and then buying barrack gold we don't know what else he's bought but he shifted into gold mining and he and his buddy peter i mean his monger have bad-mouthed gold forever they own some silver but they bad mouth gold forever and so that is the biggest news of all because it says something is really fundamentally changed in america i mean foundationally if airlines are going if he's dumping airline stocks and he's dumping bank stocks the question is what does that mean i am all say that this is not likely something that buffett put into play himself this this might very well be todd combs or ted weschler the two guys that he has put in charge of the overall berkshire portfolio and then cnbc and the other cnbs as they call it they don't cover it nobody covers it and this is bigger you know i mean trump or biden it's important but buffett going into barrick gold is a thousand times bigger news to all of us because trump or biden have no possible power they cannot stop what's about to happen so let me say it again the biggest news of all is not trump or biden or covet it's warren buffett dumping bank stocks can you imagine that can you imagine that and dumping airline stocks and then buying barrack goldman we don't know what else he's bought you know robert you're you know making some observations that the mainstream financial media is completely ignoring i mean you're asking questions that not only don't they have the answers to but they're not even smart enough to ask the questions when you see a guy like warren buffett moving into a barrick gold as to what does this imply as far as what warren buffett's outlook is for the u.s economy and for the dollar and for inflation and for the bond market and you know when buffett was bad-mouthing gold in the past i mean what he really was saying was that gold is not the best hedge against inflation it's a non-productive asset it just sits there and warren buffett always says that he likes to own businesses not even stocks he likes to buy businesses and obviously he does that through the stock market but he's investing in underlying businesses because he thinks that businesses provide a good hedge against inflation they have real assets you can raise prices it's just that now i think warren buffett realizes that inflation is going to be much worse in the future than it's been in the past and warren buffett knows that during periods of very high inflation which we've had in the past that's when gold really shines so i think what this move shows you is that buffett now understands that the traditional hedges that he's used for inflation are not going to be adequate for the severity of what's coming because buffett knows what inflation is he defines it as an increase in the money supply he collec correctly labels it as a tax uh and so he knows that he knows it's just not rising prices he could see the federal reserve debasing the dollar he sees the deficits he sees all the spending and so he understands goal's going to go up but i think the reason he chose to buy a gold mining company rather than just the metal is because he likes the business aspect of barrick gold because they make money mining gold and he's not even buying just buying their income streams but when you buy barrick gold you are in effect buying all the gold in the ground in the mines that they own so it is a very very bullish bet on gold and it's a way for buffett to be in the business of mining a commodity that he knows is going to be far more valuable in the future than it is today so peter this is my question to you you know if you could get into buffett's head and as two heads i you know two thoughts why would cnbc not cover it you know why would they not cover and the other question is what are they afraid of what do you think buffett sees that i know you see i think i see because i've been in it since i was a kid but i see something not so good and this is global again not u.s what do you what do you think he sees i mean obviously the the talking heads on cnbc want to put on a happy face they want to pretend everything is great the economy is great there's nothing to worry about and so they're really just dismissing the significance of what buffett has done by saying well it's a small investment which is true but we have no idea how many more shares he may have purchased since the end of the second quarter and of course how do we know that this is just not the beginning of a major shift i mean every journey starts with the first step and so how do we know that buffett has completed his journey into the goal sector with this purchase of of barrack we don't finally buffett loves gold he hates gold well he's buying the company let's remember it fits a lot of his criteria it it generates a huge amount of income four billion dollars last year but the mainstream financial media is afraid uh to look into the aspect for for you know what it might reveal and you know they normally love talking to warren buffett nobody has interviewed warren buffett i haven't seen a single interview since this news came out where he was on any network discussing why uh that decision was made and personally i think that buffett is a pretty true guy the people that work for him and if i'm right that this is just the beginning of a major shift and if warren buffett intends to buy more gold stocks the last thing he would want to do is come out in the open and tell everybody why he's buying because he doesn't want to have a lot of competition i mean a lot of people are going to follow in his footsteps and if he wants to buy gold stocks he wants to do it quietly he doesn't want to make a big deal about it he just wants to buy as much as he can for as cheap as he can you
댓글 0