Warren Buffett has recently been unloading stocks to the tune of billions over the last four quarters. He is now apparently sitting on $147 billion in short-term treasuries and is well aware that Market Cap to GDP is outrageous at near 175% with a recession, two banker wars, and with WWIII potentially looming. The "Market" was only higher in late 2021 peak at near 220% Market Cap to GDP. At zenith of super bubbles in 1929 it was 100% and in 2000 pinnacle it was around 150%. Buffett has stated himself that 200% Market Cap to GDP is considered the "Danger Zone" and the limits have been pushed to the extreme. Speculation is still rampant and risk is as high as ever. The Fed Funds Rate is now over 5% from near zero not long ago. Yet, the game of Market Musical Chairs continues for the time being. The big question is how long can it last until Minsky Moment collapse rears its ugly head and who will be left standing when the music ends? It's a sad state of affairs but the Federal Reserve and the government that serves it has inflated the Mother of All Bubbles (MOAB) since Bernanke began QE in 2009 (following financial collapse). Japan tried this strategy in the 1980's and it led to lost decades. QE and ZIRP (Zero Interest Rates Policy) fueled the bubble (disease) and then aggressive rate hikes (cure) take it down. Sadly and disturbingly, it's what is needed to crush rampant inflation caused by money printing from QE and Covid hustle helicopter "money."
Buffett's father was a Freemason (Covert Lodge No. 11 in Omaha) and it is has been said that he himself is a 33rd Degree Mason. Not withstanding his enormous investor knowledge and connections, one can assume he has enlightenment which is simply not pertinent to others. The investor is clearly looking for large stock discounts once the correction hits. The smart players "buy when blood is in the streets" as once stated buy banking monarch Nathan Rothschild. Anyone who thinks Buffett doesn't know what he's doing is in a state of delusion. He has the cash and connections that could turn out your lights. He's the greatest investor of all-time and the wise will pay close attention. Ignore the trap being set by the whale sharks. Hold some cash, physical gold, get some cash out of the system, and be sure to protect your downside. This is not the time to be investing long, but to be trading based on technical patterns and hedging for protection.
With the election closing in there is no question that Money Changer (previous Fed Chair) and politician at core Janet Yellen and her Treasury Exchange Stabilization Fund (NY Fed is fiscal agent) is working their hardest to keep the Indices afloat (401k votes). It was genius to tie 401k's to the S&P 500 so closely as now many holders embrace authoritarianism and support the theft of their purchasing power in hopes of their portfolios being "protected." A law should be passed immediately allowing these people to exit at no penalty before the big burst. It is also very important to keep in mind that Mainstream Media puppets of the Fed and Council on Foreign Relations only admit there is a recession months after it's already happened in retrospect. By then of course, everyone has already been smoked. Inflation numbers are under-reported and jobs numbers over-reported with negative revisions later for every month by the "Bureau of Doctored Labor Statistics." It's a crime in plain sight. Remember, Minsky Moment collapse loves complacency, naivete, and it especially loves greed. It would be no shock for it to show up while everyone expects their "usual" entitled Santa Rally (as if there haven't been enough bear rallies). The smart thing to do is tread carefully and don't get trapped in gluttony and the Fear of Missing Out!