Sunday, September 23, 2012

Warren Buffet Dumps Stocks - What Does He Know?

Last month the wizard of Wall Street, Warren Buffet, had a big purge of his consumer stock holdings. He unloaded his entire holdings of Intel which represented 21% of the entire Intel stock totals. The American economy depends on consumer spending, 71% of our economy in fact! So what does this tell us about the short term future of the U.S. economy? You might remember that in 2009 Buffet was bullish on American stocks and went on a gigantic spending spree. He has obviously changed his tone. You can read more about his sell off here.
Are we headed to a financial cliff or could something much worse await us? There are many people in high places who believe that war in the Middle East is all but a foregone conclusion. Could the Iranians or the Russians be planning an emp attack on our country which would wipe out all technology and jettison us backwards into a stone age?



You might think I'm being sensationalistic but I am just an observer, a "watcher" of the current events and signs that seem to be ushering in the end times and the return of Jesus Christ. If you have not trusted Jesus as Savior I encourage you to consider doing so very soon. Watch the little video in the right sidebar. If you have questions use the form to ask any question and I'll do my best to get an answer back to you.
Stay safe...get Saved!

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