Everyone’s favorite Uncle, Warren Buffett sold Apple…dumping half of his shares in an unprecedented selling spree.
Did he call the top?
Let’s look and see.
Fact: he raised over $75.5 Billion from having sold Apple and increasing Berkshire’s cash position to a record $277 Billion.
Let me repeat that: $277 Billion in Cash.
Putting that in perspective, there a many mutual funds whose total assets are not $277 Billion.
Ironically (or NOT) when Uncle Warren does this, it’s “calling the top.”
But when you or I do this, it’s “manipulation” and “pump & dump.”
Why?
Because Buffett is a crony capitalist tied to the hip of .gov.
And he knows the fed is cratering the market because he was told so.
Put on your Tin-Foil hats for a moment and indulge us as we try to paint the picture as we see it unfolding from “Behind the Curtain.”
Buffett and Gates are good friends and Gates is Deep State.
Our guess is Buffett has been told to sell because the Deep State is running out of cash.
Why?
Because the Ukraine grift is drying up and the USD is losing ground to the BRICS currency.
The Deep State wants a market crash so they can bring about the next part of their plan.
How all this will affect the November election is unsure yet.
But we’re sure they have it all figured out.
It is also possible movie and music stars plus wealthy politicians will also start to cash out because most of their wealth is not theirs, it owed to the Deep State.
Sold Apple?
The recent dumping of Apple was not the only major move everybody’s uncle has made.
In fact, he unloaded most of his Bank of America stock before dumping Apple in a selling frenzy that is shocking to look at when you consider Mr. Buy and Hold is acting contrary to what he tells investors to do.
Just look at the recent liquidations in the chart below:
Let us remind you that Buffett, for decades, has encouraged the “small investor” to buy S&P index funds/ETFs.
But why would he tell everyone to buy them when he has NEVER owned them himself?
The answer is in his hypocrisy.
He is one of the largest shareholders of BlackRock And Vanguard.
And who do you think controls most of the S&P index funds?
If you guessed BlackRock and Vanguard, you get a gold star.
Again, the biggest crony capitalist in history directs the small investor to buy companies that make his portfolio go up.
And based on having sold Apple, it’s becoming obvious that the man who is famous for saying “Be Fearful When Others Are Greedy and Greedy When Others Are Fearful” has become fearful himself.
Are we being set up for a major crash?
Learn more – and how to prepare for it – in our August edition of “…In Plain English” (HERE).
Share this with a friend…especially if they just Loooove Uncle Warren Buffett. They’ll thank YOU later.
And tell them:
We’re Not Just About Finance
But we use finance to give you hope.
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