Why is China Hoarding So Much Gold? Why Did Warren Buffett Sell Off $38 Billion in Stock over the Last Year?

Nov 13, 2023 · 11m 21s
Why is China Hoarding So Much Gold? Why Did Warren Buffett Sell Off $38 Billion in Stock over the Last Year?
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While the BRICS nations continue to work on setting up their gold-backed currency, reports out of China say the CCP is picking up and hoarding a lot more gold than...

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While the BRICS nations continue to work on setting up their gold-backed currency, reports out of China say the CCP is picking up and hoarding a lot more gold than normal. In the Western Hemisphere, Warren Buffett has sold off $38 Billion in stock, even though the Washington leadership has touted their market numbers. The Oracle of Omaha's company, Berkshire Hathaway, is now sitting on a record $157 Billion cash pile. Why is all of this happening and, more importantly, how could this all impact you?

Swiss America CEO Dean Heskin and Chris Agelestos explore what's going on, how to protect yourself and how it is all part of the Secret War on Cash.

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Articles referred to in this program:
Berkshire Cash Pile Hits All-Time High $157 Billion, As Buffett Sells A Record $38BN In Stock In Past Year | ZeroHedge
China is Hoarding the World's Gold (newsweek.com)
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