Max Keiser, RT host claims, and that’s a prelude to Bitcoin reaching a new record.
The U.S. dollar is getting so weak. Warren Buffet, an American investor, chairman, and CEO of Berkshire Hathaway, is getting out, and BTC will witness a record, says Max Keiser.
Max Keiser reported in his last forecast that safe havens would seriously outperform fiat. According to him, Warren Buffet knew what was coming.
Keiser Tweeted that Warren Buffett’s move in Japan, with his gold investment, proves he’s getting out of dollar.
BTC, yellow metal and Silver will make new ATH in the near term.
He added that the dollar is trending lower today, about to break key support. BTC, yellow metal and Silver will make new ATH in the near term.
He referred to Buffett’s move into Japanese assets, taking a 5% stake in the country’s five biggest trading houses totaling $6 billion, Reuters reported.
Keiser also reported that the five dominant trading companies have many joint ventures across the world and are likely to have more. he believes that there can be opportunities of mutual benefit in the future.
The news came days after the Federal Reserve approved that it would let inflation climb over its 2% target as a temporary measure, which weighed massively on the USD.
After volatility, the dollar index started falling to new depths on Monday, bouncing off its lowest levels within two years. Late in July, when those levels first appeared, Bitcoin witnessed a price rise to $12,500.
Buffet Indicator warned about a stock market crash last week, even as large-cap equities continued to grow. Buffet Inficaton is a valuation metric used for evaluating whether the country’s stock market is overvalued or undervalued.
Anthony Pomplino, the co-founder of Morgan Creek Digital, supposes that Buffet eventually will buy Bitcoin after he announced his move into gold.
Keiser announced that the gold entry alone would spark a run among investors and help BTC/USD develop to $50,000.