Almost everyone has a reason to hate George Soros. Most people will quote his involvement with leftist political causes time and again. However, his enemies cannot hide their admiration for his bold investment prediction that the US stock market is headed for collapse.
The amount of money Soros has bet for a crumbling US stocks market has already hit 2 billion dollars. Such a move is called shorting. This simply means placing your bet against good times. His shorting bets have been rising gradually since the beginning of last year.
George Soros is displaying a peculiar confidence in shorting. SEC records show an increase to 11.3 million for his Soros Fund Management position. These rankings show performance alongside other firms operating in the S&P 500 exchange-trading space. The move represented a 14 percent leap to 17 percent up from a mere 3 percent.
The dollar value of that position soared from $299 million to $2.2 billion, and the put position represented the single biggest slice of Soros? portfolio.
This shrewd and famous fund manager appears to know a secret that others investing in the stock market have not realized. His thinking is a perfect variation of our argument that financial trouble is brewing because of stringent government controls, slow economic growth, a growing federal budgetary deficit and increasing geopolitical instability. The situation is made worse by the indifference of both parties in Washington, D. C.
Another Global Financial Crisis
A smart man, Soros must realize that all of this comprises a recipe for global financial disaster that could make the 2008 financial collapse look like child's play. That is what we see too.
What he has done to protect his resources and wealth is to transfer them to more secure areas. He has used gold to hedge his wealth and guarantee safety when the financial hurricane hits. Reuters reports that he has doubled his stake in a gold mining company and that he has also bought shares in gold trading companies.
Gold Is God's Money
You do not have to possess the mammon that George Soros does to understand how the future is going to unfold and position your own investments in light of that wisdom. In fact, its probably disproportionately more important for you to do that with your financial nest egg than it is for Soros to do it with a spare $1 billion here or there. Its time to invest your assets in the only real long-term play, Gods Money, gold and silver coins and other instruments.
The amount of money Soros has bet for a crumbling US stocks market has already hit 2 billion dollars. Such a move is called shorting. This simply means placing your bet against good times. His shorting bets have been rising gradually since the beginning of last year.
George Soros is displaying a peculiar confidence in shorting. SEC records show an increase to 11.3 million for his Soros Fund Management position. These rankings show performance alongside other firms operating in the S&P 500 exchange-trading space. The move represented a 14 percent leap to 17 percent up from a mere 3 percent.
The dollar value of that position soared from $299 million to $2.2 billion, and the put position represented the single biggest slice of Soros? portfolio.
This shrewd and famous fund manager appears to know a secret that others investing in the stock market have not realized. His thinking is a perfect variation of our argument that financial trouble is brewing because of stringent government controls, slow economic growth, a growing federal budgetary deficit and increasing geopolitical instability. The situation is made worse by the indifference of both parties in Washington, D. C.
Another Global Financial Crisis
A smart man, Soros must realize that all of this comprises a recipe for global financial disaster that could make the 2008 financial collapse look like child's play. That is what we see too.
What he has done to protect his resources and wealth is to transfer them to more secure areas. He has used gold to hedge his wealth and guarantee safety when the financial hurricane hits. Reuters reports that he has doubled his stake in a gold mining company and that he has also bought shares in gold trading companies.
Gold Is God's Money
You do not have to possess the mammon that George Soros does to understand how the future is going to unfold and position your own investments in light of that wisdom. In fact, its probably disproportionately more important for you to do that with your financial nest egg than it is for Soros to do it with a spare $1 billion here or there. Its time to invest your assets in the only real long-term play, Gods Money, gold and silver coins and other instruments.
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