According to Max Keizer, the US dollar has become so weak that even Warren Buffett is getting out and Bitcoin (BTC) will hit an all-time high.
In its latest macro forecast, the RT host warned that safe havens will seriously outperform. He noticed that Buffett knows what’s coming.
Kaiser: Buffett “leaves the US dollar”
“Buffett’s move to Japan and his investment in gold confirm that he is leaving the US dollar significantly,” Kizer wrote on Twitter on Monday.
“The US dollar is on its way down today, on the verge of breaking the big support. Bitcoin – gold – silver will all generate new ATHs in the near future.”
He was referring to Buffett’s move into Japanese assets when he acquired a 5% stake in the country’s five largest trading houses totaling $ 6 billion, according to Reuters reports.
The Big Five have many joint ventures around the world and are likely to have more. I hope there will be opportunities for mutual benefit in the future. “”
The announcement came days after the Federal Reserve confirmed that inflation would rise above its 2% target as a temporary measure that weighed heavily on the dollar.
After the swings, the US Dollar Index (DXY) began to drop to new lows on Monday and returned from its two-year lows. In late July, when these levels first appeared, Bitcoin saw its price jump to $ 12,500.
As Cointelegraph reported, there are still expectations that more DXY dives will produce similar effects.
Bitcoin is unlikely to be a pioneer
Meanwhile, Buffett is known for his big moves, though he remains an unwavering Bitcoin skeptic.
Last week the so-called “Buffett Index” warned of a stock market crash, although big stocks continued to rally.
Previously, Morgan Creek Digital co-founder Anthony Pompiliano had publicly bet that Buffett would eventually buy Bitcoin after revealing gold movements.
At the time, Keizer claimed that entering gold alone would create a rush of investors, which would help bring BTC / USD down to $ 50,000.
Buffett’s most famous Bitcoin joke may have come from 2018 when he called the cryptocurrency the “rat poison square.”