New Michael Jaco: Will Bank of America Crash, Will Mid East War Crash the Economy, Recession Beginning?
New Michael Jaco: Will Bank of America Crash, Will Mid East War Crash the Economy, Recession Beginning?
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Whistler Blowers, Insiders
Whoever sells gold and silver is holding currency.
Warren Buffett sold Bank of America (if you replace that word with gold) it would be like Warren Buffett sold gold for currency.
He knows to be liquid and have currency that if revalued he can have money backed by gold or silver without having the asset that makes him have only bartering power.
Money, if backed by gold or silver will be accepted for debts public and private.
Gold and silver is for bartering and has the value of a can of beans if that’s what someone is willing to trade to be stuck with it.
In hard times no one is going to give up their house, car, or land for gold because it’s hard times and they need it.
Warren isn’t buying bonds, he’s not buying gold, he’s not buying silver and he’s getting into worthless fiat because he may know he will turn in what he has in exchange for a new money.
He’s not in Bitcoin and he’s getting out of stocks.
The best holdings, the ones he has theost of, he’s selling to the buy the dip people.
You need to learn when someone is selling you something they say “I think”, “I believe” so you can’t accuse them if tricking you into putting your best asset into their product.
If you have money for gold and silver buy what Warren is selling. It’s about the same. He wants cash and you don’t.