Warren Buffet prefers US Treasuries to gold and bitcoins

Warren Buffet, 91, shuns gold, Bitcoin (BTC) and cryptocurrencies in general. The Omaha Oracle is betting instead on US Treasuries. His Berkshire Hathaway fund now allocates 60% of its cash portfolio to Treasuries now that they offer up to 3.27% yield. This choice is justified by the massive rise in bond yields since August 2021 in the wake of the Federal Reserve’s aggressive policies aimed at curbing inflation, which reached 8.4% in July. For example, the three-month U.S. Treasury bond yielded 2.8% on August 22, versus


This content is reserved for Premium members of the site. If you are already a subscriber, log in.

New users can register below.


Leave a Replay