Billionaires Take Dump



Warren Buffett

Billionaire investors Warren Buffett, George Soros, and John Paulson – 3 of the richest men in the world – are selling off millions of shares in U.S. companies at a shocking rate.

Despite recent reports that the housing crisis is leveling off, unemployment is stabilizing, and stocks having rallied a historic 6% in the past few months…

Savvy investors aren’t buying into the hype.
 

George Soros

Billionaire investors are “in the know”, and can often predict outcomes well before anyone else. So when they do the opposite of everyone else, it’s worthwhile to take heed of their actions. So why are billionaires selling off their stocks in a frenzy?

It is very likely that these professional investors are aware of very specific research that indicates a massive market correction coming very soon… as much as 95% – enough to cause nightmarish conditions that make the 2008 financial debacle pale in comparison.

John Paulson

 

One very famous economist, Robert Wiedemer,  who predicted the 2008 fallout, is predicting another much larger catastrophe coming very soon. His NY Times best-selling book “Aftershock”, details all of the trigger points, and so far, his predictions have been spot on.

Wiedemer and some of the billionaires mentioned above, are going ALL-IN on precious metals such as gold and silver. And so far, they’ve been right. Gold is hitting record levels, with no signs of slowing down, and is up over 600% in the last decade. And while silver is much more attainable for the average investor, due to its much lower cost, the current price is up 500% since 2004 – and at one point in 2011, silver was up an astounding 950%.

With both recent and long-term gains, it’s no wonder that the top investors in the world are continuing to dump millions into silver and gold. George Soros recently upped his gold holdings to over $130 million. John Paulson has over 44% of his billion dollar fund tied to gold. Warren Buffett famously bought 130 million ounces of silver several years ago, giving him ownership of 37% of the total silver in the world at the time. But he has also famously missed out on gold… and some refer to it as Buffett’s biggest blunder. But lately, there are rumors that he is changing his stance on gold.

Do the billionaires know something we don’t know?