Billionaires dumping stocks like they're going out of style (including bank stocks).

Despite the 6.5% stock market rally over the last three months, a handful of billionaires are quietly dumping their American stocks . . . and fast.

Warren Buffett, who has been a cheerleader for U.S. stocks for quite some time, is dumping shares at an alarming rate. He recently complained of “disappointing performance” in dyed-in-the-wool American companies like Johnson & Johnson, Procter & Gamble, and Kraft Foods.

In the latest filing for Buffett’s holding company Berkshire Hathaway, Buffett has been drastically reducing his exposure to stocks that depend on consumer purchasing habits. Berkshire sold roughly 19 million shares of Johnson & Johnson, and reduced his overall stake in “consumer product stocks” by 21%. Berkshire Hathaway also sold its entire stake in California-based computer parts supplier Intel.

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What do they know that we don't? Well, maybe we do because we pay attention. How many schlubs out there will take it in the shorts hard when the Stock Markets loose 20-50+%.. similar to if not worse than 2008? 

What is the line, grab your ankles, sorry, am i  mixing metaphors

There are reasons, multi-Quadrillion reasons. It appears as "POOF" said - coming down and fast let alone daily. Interesting NEWS today, Quatar building millions of housing in Palestine. (1 Billion value) This did not happen overnite the pictures indicate buildings 90% done. Phenominal, Quatar listed as a sort of sort of dropping that kind of money, it is only about 1/1000 of the US support for Israel, but significant. Then there is the POPE,  8 Billion, that is there coffee fund. The reports as above only actually name 4 Players, while the larger players have been bailing for the last several months. The Markets up, but research says that is only because the US printing presses are working double overtime. All the oil pipelines are done or the 13th nearly done to furnish China with oil. The Press is issueing such convoluted reports it would make a person wonder if any of the staff spoke English. It looks like BIG PICTURE has indeed arrived.

According to the Cipher on the back of the $1 Bill, the LAST President is in office. According to Nostradamus as well as St Malachi they are about to select the FINAL Pope. Meanwhile, in preparation, Governments around the World have been building underground cities as fast as humanly possible, along w/ a seed Vault in Norway. Again, Meanwhile Plum Island is moving from it's current location to Kansas, in the heart of the country. Oh, and I'm just getting started, I could cover the litany of National drills to the purchase of 2.1 Billion rounds of ammo and the 2717 Armored Tanks/SUV's DHS has recently purchased....................the 1 MILLION underwater body bags, 3 million Blankets, 15 Million "Ready to eat meal's" (MRE's), the Millions of Coffins. To answer Dennis, yes. Yes! Yes they do!!!!!!!!!!!

What is really going on? See Matthew Chapter 24/Revelation Chapter 6  - yes, I know...................It's like Jim Gaffigan the comedian says "  http://www.youtube.com/watch?v=2k_9mXpNdgU       ..............but regardless if that makes your skin crawl or not, that is what is coming. It's up to you to come to grips w/ it. The Government is already two steps ahead of you. :-)

if your basing the future of existence off the back of Ben Bernanke Fiat Paper, then your as nutbag as the rest of the psycho soothsayers...lol

I've personally purchased small amounts of gold and silver recently for at least a little insurance against paper money issues, but I think the problems ahead are going to be much worse than needing gold and silver. There seems to be an increasing feeling, especially in the U.s that there could be insurrection/economic collapse/civil war.  One would hope the criminal cabal in power could be removed peacefully with the law, but some would say that it is not possible now.

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