Soros invests big in gold

[CarmelHP]

http://gma.yahoo.com/blogs/abc-blog...0033813--abc-news-savings-and-investment.html

Why whenever I see Soros I get the impression of a bloated spider sitting at the center of a web. You have to wonder how much world economic disruption he foments.

 

[printcraft]

http://gma.yahoo.com/blogs/abc-blog...0033813--abc-news-savings-and-investment.html

Why whenever I see Soros I get the impression of a bloated spider sitting at the center of a web. You have to wonder how much world economic disruption he foments.

Soros is a vulture and/or a worm.
He makes his living off strife and the dead.

 

[rambone]

He isn't rich from making bad decisions.

 

[printcraft]

He isn't rich from making bad decisions.

I would say he is rich from manipulating commodities by causing problems thereby driving up the price of those commodities.
Buy cheap, cause a shortage, sell dear.

Soros is bad news.

 

[hooky]

I would say he is rich from manipulating commodities by causing problems thereby driving up the price of those commodities.
Buy cheap, cause a shortage, sell dear.

Soros is bad news.

QFT

Currency speculation & manipulation. Google Black Wednesday UK.

 

[WWalker]

Here's another link, it's not just Soros. Something is happening and it's not good.

http://www.theblaze.com/stories/hoarders-china-has-imported-383-tons-of-gold-in-the-last-6-months/

 

[buckstopshere]

Back in June, the central banks announced they would be buying 10% of the worlds gold every year for the next 10 years. I'm thinking they're just planning on a currency conversion after fiat currency has a nice bubble burst globally. They'll reset to a hard commodity like gold until they can start the fiat party all over again.

 

[NYFelon]

Soros has himself stated as a goal the destruction of the dollar as the world's reserve currency.

 

[John Galt]

God, guns, gold (silver) and groceries .....

 

[jedi]

God, guns, gold (silver) and groceries .....

Hum... u forgot about ammo.

 

[Expat]

What do you expect from an alleged nazi collaborator?

 

[CarmelHP]

What do you expect from an alleged nazi collaborator?

He was a child at the time that he worked for Nazis handing out deportation notices and inventorying looted property, so I don't assign him blame, but I think he learned well the lessons of thuggery and gangsterism the Nazis taught. For that, he is to blame.

 

[Blackhawk2001]

If he succeeds in collapsing the dollar, I hope all he can find to eat is the gold he's hoarding.

 

[jblomenberg16]

Wonder what (if any) effect this will have on silver prices. So far it looks to be staying in the $28 range.

 

[M1 carbine dad]

"I'm not sure gold as an outsized bet is the place to be right now unless you believe in hedging against greater unrest or a deepening credit crisis in Europe, " said Kevin Starkey, a partner at Capstone Investment Financial Group.
" We currently believe that 3 to 5 percent of gold exposure is the right exposure for most of our clients. We are big believers in gold as defensive play. To make it an offensive play, or make a big bet on gold, means [Paulson] sees something we do not see," Starkey added.

Yeah Paulson sees something coming, it's called the collapse of the US dollar and the restructuring of all the worlds currency. Buckstopshere and others have it right on, Soros and the central banks are destroying it all so they can be the "saviors" after the collapse.......that they've orchestrated.

Silver, copper and lead (forgot brass )are what I intend to invest in. Forget gold. It's too expensive and when the alternative currencies pop up after the collapse, they'll be taking silver and copper. Oh, they'll take gold too, but that's mostly for preserving wealth in my mind.

 

[jeremy]

I wonder if he is a fan of Kipling?!

 

[Blackhawk2001]

I wonder if he is a fan of Kipling?!

Something about "When you're wounded and left for dead on Afghanistan's Plain . . ."?

 

[jeremy]

I was thinking more like:

Gold is for the Mistress, Silver for the Maid, Copper for the Craftsman who is cunning at his trade...

 

[Expat]

He was a child at the time that he worked for Nazis handing out deportation notices and inventorying looted property, so I don't assign him blame, but I think he learned well the lessons of thuggery and gangsterism the Nazis taught. For that, he is to blame.

I have read allegations that he also pointed out to the Nazi occupation where Jews lived that he knew. He was 13 (1944) at the time.

 

[M1 carbine dad]

I have read allegations that he also pointed out to the Nazi occupation where Jews lived that he knew. He was 13 (1944) at the time.

Wasn't the Pope about that age when he was in Germany? No real reason to point that out, just a coincidence

Or is it?