Max Keiser

Buffett dumps Wells Fargo amplifying bull case for gold and Bitcoin

Warren Buffett and Berkshire Hathaway substantially cut their position on Wells Fargo, selling 100 million shares. The Oracle of Omaha is continuing to trim his position in bank stocks, buoying the bull case for gold and Bitcoin (BTC).Berkshire reportedly held $32 billion in equity in Wells Fargo at one point, Fox Business reported on Sep. 5. The investment conglomerate now owns 3.3% in equity of the lender, worth just $3.36 billion.Why did Buffett cut Wells Fargo and how could it benefit Bitcoin?Throughout his career, Buffett emphasized the importance of value