Buffett is diversifying his portfolio, a sign that gold, bitcoin will shine even brighter!

Ryan_Z0528
05-21

Ups. Even Americans are ditching $

Warren Buffett, the legendary investor, is making moves!

He's selling 13% of his $Apple(AAPL)$ stocks, worth billions, and exiting the stock market slowly. But why?

Buffett has long been a critic of $Bitcoin(BTC.USD.CC)$ , calling it "rat poison squared" and has also expressed disdain for gold, labeling it a "store of fear" rather than a store of value. However, he's recently changed his tune, investing a whopping half billion dollars in Barrick Gold!

It seems Buffett is diversifying his portfolio due to concerns about dollar weakness. This could be a sign that $Gold - main 2406(GCmain)$ , Bitcoin and crypto will shine even brighter!

Is the Oracle of Omaha predicting a market shift? Only time will tell!


Gold, Silver & Copper Hit Highs: Will the Rally Last?
Gold reached a record high, and silver prices are near an 11-year peak, boosted by a weaker dollar. Copper is also on fire, with LME futures near record highs and New York copper futures up over 30% YTD. ------------ Will Silver hit $35 and then break through $40? What's your target price for commodities? Will the rally last?
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Comments

  • Des79
    05-23
    Des79
    Ever since, he long time partner had passed away. Maybe he wan t to have more cash on hand to enjoy life or he may have some other options rather than put all the money under one basket.
  • TigerVision888
    05-23
    TigerVision888
    He is always looking for depressed valuation. The only place he can find is probably a US market crash in 2025. Don't think he can find any of those this year, except China/HK market of which he doesn't invest.
  • Thatway
    05-22
    Thatway

    Never put all the eggs in the same basket!

  • Leoopl
    05-21
    Leoopl
    Will be curious to see how this plays out in the market.
  • Gerrad James
    05-23
    Gerrad James
    Very impressive insight
  • luckyjas
    05-23
    luckyjas

    watch this post

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