Charles Hugh Smith: Please Assume Crash Positions
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Cash is piling up faster than Warren Buffett can invest it.
Most of the mainstream media analysts seem to see Buffet’s growing cash position as crafty planning for some major acquisitions
. But I suspect that he has actually become risk averse and is putting cash on the sidelines in anticipation of a major market correction
. This correction would most likely be triggered by another global credit crisis that will dwarf the 2008 crisis. I predict that when Buffett again buys stocks substantially, it will be at or near the bottom
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Commentary at Alt-Market.com: Global Elites Are Getting Ready To Blame You For The Coming Financial Crash. (Brandon Smith posits that if Donald Trump wins the election that he and conservative movements will then be blamed for a subsequent market crash.)