Editor's Note: We are always on the lookout for cutting-edge financial news to share with you. Below is a message from our colleagues over at Golden Portfolio that we found interesting. We urge you to continue reading. U.S. Treasury Secretary Scott Bessent is the man who oversees America’s $37 trillion debt load. No one has more insight into what’s happening with the US dollar… mounting U.S. debt… of the likely changes coming to the US monetary system. Not surprisingly… His largest personal investment holding is gold. Not tech stocks… Not U.S. Treasuries… Not “safe-haven” index funds or ETFs… Gold. When the U.S. Treasury Secretary’s largest personal holding is gold… That’s known as “a clue.” Wanna know who else sees what Bessent does? Warren Buffett. At last count, Buffett is sitting on $330 billion in cash. But he knows he cannot hold this much cash forever. - Cash is losing purchasing power at roughly 22% a year (measured in gold).
- The US political system is printing money like it’s Monopoly cash
- And — most importantly — Buffett’s favorite indicator currently sitting just over 200% — which means US stocks are still more overvalued than they’ve ever been.
Every time the “Buffett Indicator” reaches a peak… Gold goes on a tear for a decade or more. Every. Single. Time. That’s why I believe Buffett is preparing to buy the one gold miner large enough to protect his cash. And here’s the kicker… This large-cap miner is still trading at a 40% discount to its free cash flow. What’s more, Trump recently tapped the CEO of this mining powerhouse to help lead America’s mining revival! Add it all up and here’s what you get: - The US Treasury Secretary is positioned for a major move in gold… and move that’s sure to come when he authorizes all the money required to finance more deficit spending.
- The world’s greatest investor needs a major gold position to protect his $330 billion cash pile… and there’s only one company big enough to do it.
- Trump has entrusted the CEO of the #1 major gold miner to lead a Renaissance in US mining.
Final confirmation of my prediction could come by August 15th — when Buffett’s 13F filing hits the tape. You want to be in position before that happens. You still have time to “front run” the world’s greatest investor by taking a stake in the one mining company big enough to handle his $330 billion cash hoard. That’s why I’ve prepared a private gold briefing with: - The name and ticker of the company Buffett is likely targeting
- Four tiny gold miners with “anomaly” upside potential up to 100X
- A special bonus pick about to ramp up to full production… selling at an 83% discount to fair value… and led by a CEO whose last project turned $18 million into $1.2 billion for shareholders…
Go here to get the name and ticker of Buffett’s next big move into gold. Regards, Garrett Goggin, CFA, CMT
Chief Analyst and Founder, Golden Portfolio | 
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