Startling Sign Insiders Preparing For Something Big

More
11 years 5 months ago #13321 by Gin
George soros expertise is still in the currency market. He probably liquidate gold and sell more into yen according to business times today. BoJ chief throws weight behind yen rhetoric (last para)
Wagering against the yen has emerged as the hottest trade on Wall Street over the past three months," the WSJ said. "George Soros, who made a fortune shorting the British pound in the 1990s, has scored gains of almost US$1 billion on the trade since November, according to people with knowledge of the firm's positions

Please Log in or Create an account to join the conversation.

More
11 years 5 months ago #13326 by relaxing
Every Q results of S-Chips are unpredictable.  Their 4Q12 results will all be out soon.  If they are unexpectedly bad, their shares will drop.  If they are good, most investors will not believe the financials anyway or trust the Mgt to continue the good work.  A no win situation. 
If you have taken the risk to remain vested last yr and made good gains, be careful not to give them back too easily. Likely will be a good year for stocks as USA/China recover, but we all know the STI or Dow will not go up in a straight line and there will be many hiccups ahead. Better to sell when the share prices run ahead of fundamentals and wait for dips to buy.
Not a good idea to chase shares when markets run up too quickly .  When following tips blindly, the tendency is to buy at higher prices than the tipsters and worst, you don’t know when to sell ?  Re speculating pennies, agree that it’s a zero sum game.  Only the few market makers will win while most will lose. My views only.

Please Log in or Create an account to join the conversation.

More
11 years 5 months ago #13360 by observer2
Hi, Joes – Towards the end of last year, Soros was asked about his outlook for Gold in 2013. He does not think gold will reach US$2,000. According to him, Gold is the ultimate bubble; its price can go in either direction. It was the ultimate safe haven, but funds had to liquidate their positions to cover some losses in the stock market. On the other hand, he does not expect gold to pull back much and doesn’t consider US$1,000/oz probable either.
Unlike Jim Rogers, Soros is a hedge fund opportunist. I would not be surprised if he jumps back into Gold again should the price drops to a level that he is comfortable with. With the current massive printing of money in the world system, inflation is a certainty and Gold can be expected to rise higher eventually before its bubble can burst.
[hr]
[Joes 15-02-2013]:

observer2, the title of the article you posted was "Why George Soros is Selling so much Stock and buying so much Gold" .... 

As it turned out, this Georgie guy dumped his gold-related investment in 4Q of 2012. This was just a matter of weeks/mths after that article was published. 

Today Bloomberg gave an account of Soros and other investors dumping gold.

"Billionaires Soros, Bacon Cut Gold Holdings on Decline"

www.bloomberg.com/news/2013-02-14/billio...as-prices-slump.html

The real place where $ is moving massively into is equities. This year is the year of the bull for equities! I hope you do well this year in equities! Forget gold. The world economy is recovering
[hr]
[observer2 23-08-2012]:

Below is a link to a recent article on –
Startling Evidence that Central Bank & Wall Street Insiders Are Rapidly Preparing For Something Big and Why George Soros Is Selling So Much Stock & Buying So Much Gold -
theeconomiccollapseblog.com/archives/sta...ng-for-something-big
Do these people really know something that others don’t?

Please Log in or Create an account to join the conversation.

More
11 years 6 days ago #15137 by Big Fish
Almost 1 year after this thread started, we can see how wrong the gurus were.

Please Log in or Create an account to join the conversation.

More
10 years 11 months ago #15701 by observer2
It has been reported that Paulson & Co. and Soros Fund had made substantial liquidation of their gold holdings in the second quarter when gold hit its low point – see report in link below:
www.acting-man.com/?p=25354
These are good examples of big fund management also doing the wrong thing like any other ordinary investors.

Please Log in or Create an account to join the conversation.

Time to create page: 0.217 seconds
Powered by Kunena Forum
 

We have 708 guests and no members online

rss_2 NextInsight - Latest News