Why is China Hoarding Gold and Why Did Buffett Sell Off $38 Billion in Stock this Year?
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.
Thank you for listening.
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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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Americans Warned That National Debt Could Top $50 Trillion
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Consumer Debt Service at Record High
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Rashida Tlaib Gets Censured by Congress For Her Antisemitic Remarks
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Unemployment Numbers are Concerning
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While One Big Bank is Putting Customers' Deposits On Hold; Another Bank Goes Down
While One Big Bank is Holding Customer Deposits, Another Bank Bites the Dust
A huge bank is reportedly putting customers' deposits on hold. Has the U.S. banking system come to this?
Chase Bank has reportedly been holding up deposits, creating disruptive, real-life problems for their clients. How did we get to a point where once-reputable banks start holding their depositors hostage?
Meanwhile, Citizens Bank is the latest to go down. While this bank is relatively smaller than the big boys and the story did not get much coverage, there is a bigger-picture question here: Is there an active threat to the banking system as we know it? Wouldn't a collapse be devastating to the US dollar?
Swiss America CEO Dean Heskin and Richard Cromwell explore what's happening, how to prepare as well as protect yourself amid the Secret War on Cash.
Thank you for listening.
Call for your FREE copy of The Secret War on Cash newsletter: (800) 289-2646 or
Visit our website for more information: https://www.swissamerica.com
Call for your FREE copy of How the Coming Global Crash Will Create a Historic Gold Rush: (480) 548-2975
Follow us on Facebook: https://www.facebook.com/swissamerica/
Follow us on X (Twitter): @Swiss_America
Follow us on LinkedIn: https://www.linkedin.com/company/1023049
Articles referred to in this program:
Stories mentioned in this podcast:
Another Bank Bites the Dust! - The Daily Reckoning
A Massive Bank Is Now Keeping Customer's Deposits on Hold - Franknez.com
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War Drums Are Beating!
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Energy Cost Pressures Continue
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8
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The Nashville School Shooter’s Manifesto Finally Gets Released
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Another Government Shutdown Looming
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Are Hospitals Stealing Your Baby’s DNA?
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Why Market Numbers Do Not Reflect the Real Economy
If the market numbers look so good, why is the economy in the rough state it is in now? With politicians trying to paint the economy in the ways they want you to see it, where is the truth and how do we find it? President Biden touts his Bidenomics as a success, but under the Dow Jones numbers, we see; high interest rates, big companies cutting jobs, high inflation, people scaling back on their grocery spending and the U.S government continuing to print fiat currency. This does not spell anything positive for the near future.
Swiss America CEO Dean Heskin and Michael Weiner explore what's happening, how to prepare as well as protect yourself amid the Secret War on Cash.
Thank you for listening.
Call for your FREE copy of The Secret War on Cash newsletter: (800) 289-2646 or
Visit our website for more information: https://www.swissamerica.com
Call for your FREE copy of How the Coming Global Crash Will Create a Historic Gold Rush: (480) 548-2975
Follow us on Facebook: https://www.facebook.com/swissamerica/
Follow us on X (Twitter): @Swiss_America
Follow us on LinkedIn: https://www.linkedin.com/company/1023049
Articles referred to in this program:
Central Bank Gold Binge Is Even Bigger Than Previously Thought (yahoo.com)
Gold could reach $3,000 in 2024 predicts commodity expert (finbold.com)
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Real Estate Market Transformation
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Softening Consumer Demand
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32
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Joe Biden Signs Executive Order Regulating Artificial Intelligence
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10
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Fed Holds Steady
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Mike Johnson Lays Out His Key Concepts In His First Major Speech
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Gold to Explode
Amid America's financial woes - increasing consumer debt, bank issues, inflation and high interest rates - gold will likely continue to shine. Reports indicate central banks are buying up gold more than expected and many are bullish on the precious metal; with one commodity expert predicting gold could hit $3000 per ounce.
Swiss America CEO Dean Heskin and Chris Agelastos explore what's happening, gold's potential and why banks are buying it up at an exceptional pace on this edition of the Secret War on Cash.
Thank you for listening.
Call for your FREE copy of The Secret War on Cash newsletter: (800) 289-2646 or
Visit our website for more information: https://www.swissamerica.com
Call for your FREE copy of How the Coming Global Crash Will Create a Historic Gold Rush: (480) 548-2975
Follow us on Facebook: https://www.facebook.com/swissamerica/
Follow us on X (Twitter): @Swiss_America
Follow us on LinkedIn: https://www.linkedin.com/company/1023049
Articles referred to in this program:
Central Bank Gold Binge Is Even Bigger Than Previously Thought (yahoo.com)
Gold could reach $3,000 in 2024 predicts commodity expert (finbold.com)
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Rick Scott Says Every American Should Wake Up
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15
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Conflicting Economic Data
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Why Are So Many Banks Closing Their Branches and Is Hyperinflation Coming to America?
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Anticipating the FOMC Meeting
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19
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Federal Government Issues A Policy Change Involving Firearms Exportation
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15
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Pro-Palestinian Rallies Broke Out Across the Globe
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Pressure on FOMC This Week
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