Is History About To Repeat Itself?

Warren Buffet has sold nearly a billion $$$ worth of stock, he keeps selling it off and amassing cash. Are we about to repeat a stock market crash and banking collapse in America? Seems to even be about the same months for it to happen.

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calicuz · 56-60, M

The big question IS, what does he need cash for that can't be transferred digitally to another investment? Take Sisi in Egypt. He withdrew millions from an Egyptian bank to launder the money to America. Not that Buffett is laundering money, it just makes no sense to convert to cash when there are other solid investments in the markets.

Heartlander

@calicuz But maybe a good time to convert greenbacks to more stable currencies until the American voters decide which way to lean.