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Business/Finance See other Business/Finance Articles Title: Is Buffett Dumping Stocks? Two Moves You Need to Know About Is Buffett Dumping Stocks? Two Moves You Need to Know About Nick Giambruno November 29, 2015 Should you copy Buffett’s big bet against the dollar? Click here to find out This is a fascinating story with implications for every American… Warren Buffett – one of the most successful investors of our time – recently made a series of stunning financial moves… moves that suggest he could be anticipating a big movement in the value of the dollar. What is he doing exactly? Over the past couple of years, Buffett has sold off or reduced his holdings in businesses that depend on consumer spending, like Procter & Gamble and Johnson & Johnson. He’s purchased hard assets such as one of the largest railways in North America… which includes real assets such as rights of way, adjacent mining rights, rail, and rolling stock. He also acquired huge oil and natural gas resources in Canada. Why do some think these moves are in preparation for a major dollar movement? MUST READ: Learn the #1 Technique for Surviving a Currency Collapse Well, these moves appear to follow a script produced by one of the richest men of the 1920s… German tycoon Hugo Stinnes. Stinnes owned interests in the coal, steel, and shipping industries… and leveraged those interests to not only protect, but also to grow his fortune during extreme hyperinflation. Jim Rickards, best-selling author of Currency Wars, describes it like this: “Prior to the Weimar hyperinflation, Stinnes borrowed vast sums of money in reichsmarks. When the hyperinflation hit, Stinnes was perfectly positioned. The coal, steel, and shipping vessels retained their value… Not only was Stinnes not harmed by the hyperinflation, but his empire prospered and he made more money than ever…” Now, it appears as though Buffett has taken a page out right of Stinnes’ playbook. Rickards continues, “A huge part of Buffett’s portfolio is in financial stocks in banks and insurance companies that are highly leveraged borrowers. Like Stinnes in the 1920s, Buffett can profit when the liabilities of these financial giants are wiped out by inflation...” But could Buffett, who’s been bullish on America for so long, really be concerned about the future of its currency? Well, the key, according to some financial experts, is to focus on what billionaires like Warren Buffett do, not what they say. So, what should you do? RECOMMENDED: Do These 3 Critical Steps first in a Currency Crisis Well, multi-millionaire businessman and New York Times best-selling author Doug Casey agrees that the dollar, which has been strong for most of 2015, may in fact be due for a downturn, but you don’t have to go anywhere near the level of involvement billionaires like Buffett have gone in order to protect yourself. According to Casey, there are 3 essential steps any American can take right now. The good news is, these steps are easy and straightforward for the time being. You can do all of these from home, with very little effort. Casey and his research team have recently finished putting together a free online presentation explaining everything you need to know. You can access his full analysis, free of charge, on his company’s website, right here… Post Comment Private Reply Ignore Thread
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