Instead of going green Soros goes gold

Discussion in 'Current Events' started by bigrebnc1775, Aug 18, 2012.

  1. bigrebnc1775
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    bigrebnc1775 Diamond Member

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    If you wonder what is going to happen next in the market watch the master manipulator. Soros is selling his major stocks and trading them in for gold.

    Why Are George Soros and John Paulson Buying Up So Much Gold? (NYSEARCA:GLD, NYSEARCA:SLV, NYSEARCA:IAU, NYSEARCA:pHYS, NYSEARCA:AGQ) | ETF DAILY NEWS
     
  2. Rozman
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    Rozman Gold Member Supporting Member

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    He senses the end is near and the market has peaked and he's bailing out.
     
  3. bigrebnc1775
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    bigrebnc1775 Diamond Member

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    The deniers will be along calling you crazy for thinking such a thing.
     
  4. bigrebnc1775
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    bigrebnc1775 Diamond Member

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    Would this suggest the worlds economy is getting worse?
     
  5. bigrebnc1775
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    bigrebnc1775 Diamond Member

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    Soros, who manages funds through various accounts in the US and the Cayman Islands, has reportedly unloaded over one million shares of stock in financial companies and banks that include Citigroup (420,000 shares), JP Morgan (701,400 shares) and Goldman Sachs (120,000 shares). The total value of the stock sales amounts to nearly $50 million.

    Soros sells equities and buys gold even as stock markets reach four year highs - National Finance Examiner | Examiner.com
     
  6. bigrebnc1775
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    bigrebnc1775 Diamond Member

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  7. Old Rocks
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    Old Rocks Diamond Member

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    Oh where is my little tin hat, little tin hat, little tin hat................
     
  8. uscitizen
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    uscitizen Senior Member

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    Maybe that is why the value of my Eagles has been going up recently?
     
  9. whitehall
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    whitehall Gold Member

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    You almost gotta laugh. Lefties love Media Matters which is supported by Soros as a left wing propaganda entity that never sleeps and monitors only conservative speech while freaking MM is TAX EXEMPT just to keep Soros's finances simpler.
     
  10. Moonglow
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    Moonglow Diamond Member

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    Seems to me alot of people are buying gold, won't buy much when the world goes to shit, canned food will be worth way more than gold is now.
     

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