George Soros, the renowned hedge-fund king pin, is disliked for all kinds of reasons. His funding of a chain of leftist political causes is one of the top reasons for his widespread unpopularity. But his enemies still admire him for one simple reason. His prediction that very soon, the US stock market will collapse.
His bet on a collapsing US stocks market has surpassed the 2 billion dollar mark. He uses a tactic called shorting which means that he places bets against the market doing well. His activity in shorting has been on the rise for a year now.
George appears to be very confident about going short in the markets. Records released by SEC indicate that in the second quarter the put options for Soros Fund Management increased to 11.3 million. The ranking compared other firms trading in the S&P 500 exchange-traded funds category. This single move indicated a 14 percent rise in short positions from 3 to 17 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.
It is evident that the famous and savvy money manager has observed something in the stock market that other investors cannot see. The trend in the stock-market appears to be mirror of how we look at things, too, here at Real Money USA. The economy is showing slow growth, an encroaching government, rising geopolitical conflicts and a federal budget deficit that is spiraling out of control. The solution to these challenges appears not to concern any political party in Washington, D. C.
Another Global Financial Crisis
Soros is smart enough to read the signals of an approaching financial crisis. The crisis this time appears bigger and more threatening than that of 2008. We share similar views.
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.
God's Money Is Gold
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.
His bet on a collapsing US stocks market has surpassed the 2 billion dollar mark. He uses a tactic called shorting which means that he places bets against the market doing well. His activity in shorting has been on the rise for a year now.
George appears to be very confident about going short in the markets. Records released by SEC indicate that in the second quarter the put options for Soros Fund Management increased to 11.3 million. The ranking compared other firms trading in the S&P 500 exchange-traded funds category. This single move indicated a 14 percent rise in short positions from 3 to 17 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.
It is evident that the famous and savvy money manager has observed something in the stock market that other investors cannot see. The trend in the stock-market appears to be mirror of how we look at things, too, here at Real Money USA. The economy is showing slow growth, an encroaching government, rising geopolitical conflicts and a federal budget deficit that is spiraling out of control. The solution to these challenges appears not to concern any political party in Washington, D. C.
Another Global Financial Crisis
Soros is smart enough to read the signals of an approaching financial crisis. The crisis this time appears bigger and more threatening than that of 2008. We share similar views.
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.
God's Money Is Gold
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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