What to Look For: The Telling Financial Moves of the World’s Richest People
After the 2008 financial meltdown, the billionaire vultures swept in and gobbled up depressed stocks. Much of the buying predicated on inside knowledge the billionaires had of purported secret meetings between Federal Reserve officials, major financial institutions, and the federal government. The billionaires had a private pipeline into the bailout meetings, which gave them a head start on the stock-buying spree. With the taxpayers bailing out the banks, the billionaire vultures had no obstacles from enjoying the timeless financial edits, ‘Buy low, sell high.” The stock market rose from 6500 points in late 2008 to over 16,000 points as recently as June of 2013.
NOW, THE BILLIONAIRES ARE RUNNING SCARED LIKE A PACK OF FEARFUL RATS.
By keeping a close eye on the words and actions of the most influential people in the country, you can turn them into your own personal canary. They frequently give out important snippets of information when they speak, especially when asked for the reasons behind any uncharacteristic financial moves. They are part of organizations that are “in the know.” They make sure their fortunes are at minimal risk. Many closed-door organizations give the most influential people the information they need to keep their fortunes intact.
They are dumping stocks and bonds right now!
This is the same thing as a forecast of a major hurricane coming your way. No weather radar predicts a major global currency collapse, but this is the next best thing. In fact, this could be more accurate than the weatherman’s predictions!
A small group of high-profile billionaires has quietly dumped most of their American stock holdings. Warren Buffet, who is perhaps the most vocal American stock cheerleader recently complained of disappointing performances from American corporate giants Johnson & Johnson, Procter & Gamble, IBM, and Kraft Foods. Buffet sold most of his American stocks that depend on consumer purchasing patterns. Berkshire Hathaway, Buffet’s holding company, recently got rid of its entire stake in California-based computer microchip supplier Intel. Since over 70 percent of the American economy runs on consumer fuel, Buffet’s lack of faith discloses.