Marxist Billionaire "George Soros" Betting On Imminent US Stockmarket Collapse!

[jpmuscle]

And you think that is unique to Soros and this administration?

Nope, just throwing it out there.

[glocktogo]

By that metric, a good number of this nation's leading financiers and industrialists, as well as leading financial institutions, should similarly be labeled despicable and anti-American.

Feel free to hate the man's political views. The rest is just business as usual.

I've asked this before and I'll ask again, when will the U.S. have it's own version of Bastille Day against the oligarchs? Soros should be at the top of the list.

[austinN4]

Do you believe the US$ is going to decline in value? If so, his is a smart bet. You should be selling the $.

If you believe the US$ is going to gain in value you should be buying the $ and you can smile while his position goes down in value.

Don't over complicate things. You are either for free markets or you aren't.

[Crow Hunter]

And you think that is unique to Soros and this administration?

I concur.

What they don't show is how much he most likely has invested in call options as well.

Guys like that bet both ways. It is called "hedging".

People with that much money would be stupid not to. There is always going to be a bull and a bear market cycle. You don't want to bet "everything" on either way.

People on investing web sites have been expecting a "reversion to the mean" for a while now on US markets. Heck, I expect it before 2016. My "put" is buying Treasury bonds and International stocks. I don't have enough time or money to make "puts" effectively.

I think Soros is a despicable person and I hate his politics but he isn't doing anything that Buffet, Gates or Slick (Sorry Slim) aren't also doing.

[glocktogo]

Do you believe the US$ is going to decline in value? If so, his is a smart bet. You should be selling the $.

If you believe the US$ is going to gain in value you should be buying the $ and you can smile while his position goes down in value.

Don't over complicate things. You are either for free markets or you aren't.

Free markets and patriotism to the country enabling your billionaire status are not mutually exclusive. He's free to bet against the United States and I'm free to call him a miserable, lowlife scumbag for his troubles. Free country and all that.

[montanadave]

Here's a chart of the S&P 500:

Attachment 28067

Does anyone seriously think it doesn't make sense to "short" this market in anticipation of a significant correction in the short-term?

[austinN4]

Do you believe the US$ is going to decline in value? If so, his is a smart bet. You should be selling the $.
If you believe the US$ is going to gain in value you should be buying the $ and you can smile while his position goes down in value.

I stand corrected, I thought it was $ trade and it isn't:

"Specifically, the most recent 13-F filing Mr. Soros made with the Securities and Exchange Commission indicates that the Soros Fund Management that he heads up has increased its “puts” on the Standard & Poor 500 exchange-traded fund by a massive amount, between the first and second quarters. By the numbers, Mr. Soros boosted his position to 11.3 million put options — bringing the dollar value of his position from $299 million to $2.2 billion."
Read more: http://www.washingtontimes.com/news/...#ixzz3AwBb89Fq

I actually find the headline pretty funny. The S&P500 doen't need to collapse in order for him to make money on his position, it only has to dip below the average cost of his position. Lots of people are betting (lots of different ways to do it) that the US stock market has peaked for now.

The article also states that he has has been predicting a market top since 2013, so he already has a healthy loss if his put holdings are a net position. Myself, I bet the market would increase and I am up nearly 7% YTD2014, so he would be down somewhere around the same. It is smart for him to add to his position because at some point he will be right. It is what traders do and he is not alone.

What most people don't understand about the options market is that for every position in that overall market, someone else is holding an opposite position. It is a bid/ask market and there are 2 sides to every trade. For you to sell a put, someone else has to buy that put. For you to buy a put, someone else has to sell. You can buy or sell a call, and you can buy or sell a put, but someone else is always doing the opposite. To grossly over simpliy, it is a lot like sports betting.

[SPARTAN HOPLITE ARMS]

I stand corrected, I thought it was $ trade and it isn't:

"Specifically, the most recent 13-F filing Mr. Soros made with the Securities and Exchange Commission indicates that the Soros Fund Management that he heads up has increased its “puts” on the Standard & Poor 500 exchange-traded fund by a massive amount, between the first and second quarters. By the numbers, Mr. Soros boosted his position to 11.3 million put options — bringing the dollar value of his position from $299 million to $2.2 billion."
Read more: http://www.washingtontimes.com/news/...#ixzz3AwBb89Fq

I actually find the headline pretty funny. The S&P500 doen't need to collapse in order for him to make money on his position, it only has to dip below the average cost of his position. Lots of people are betting (lots of different ways to do it) that the US stock market has peaked for now.

The article also states that he has has been predicting a market top since 2013, so he already has a healthy loss if his put holdings are a net position. Myself, I bet the market would increase and I am up nearly 7% YTD2014, so he would be down somewhere around the same. It is smart for him to add to his position because at some point he will be right. It is what traders do and he is not alone.

What most people don't understand about the options market is that for every position in that overall market, someone else is holding an opposite position. It is a bid/ask market and there are 2 sides to every trade. For you to sell a put, someone else has to buy that put. For you to buy a put, someone else has to sell. You can buy or sell a call, and you can buy or sell a put, but someone else is always doing the opposite. To grossly over simpliy, it is a lot like sports betting.

It makes sense the way you explain it and I need to do some research myself for some investments. Any suggestions? I understand Soros is out to make money and I hate the idea of betting against the US but he's very likely going to come out a winner and big to boot. We're not exactly on sound footing and many have suggested Wall Street's living in a bubble that will soon pop. I hate to see what happens considering our current economic state is shaky at best. Am I perhaps wrong about it though or do others think the current administration's claims of recovery are total bullshit?

[austinN4]

It makes sense the way you explain it and I need to do some research myself for some investments. Any suggestions?

Yes: Invest, do not trade. Regularly (weekly, monthly, whatever) buy some $ amount of high quality diversified mutual funds made up of dividend paying stocks. Reinvest all dividends in more shares of the fund(s). This is how most of my $ are invested and I have been do so for 30 years. Do not try to time the market or pick individual winners - you will likely lose that game. Stay the course and compounding is your friend.

Edited to add: I should have said earlier to utilize and maximize any tax deferred plans that might be available to you to do your investing in. 401k, SEP, et al.

But I do trade equity options to hedge my investments. Net net, I have made $ trading options but it is a very complicated and time consuming game as positions must be watched very closely. If you want to know more about options, go the the CBOE web site and get their free information. http://www.cboe.com/

I understand Soros is out to make money and I hate the idea of betting against the US but he's very likely going to come out a winner and big to boot.

It is inaccurate to say Soros is betting against the US. After all, he has huge holdings here: http://stockmarketgenius.net/george-...oros-holdings/

Rather he is making a bet with S&P500 puts that the current high level of the S&P will not hold. And since markets go up and down, he will be right at some point. To some extent, all he may be doing is hedging the large stock portfolio he holds.

[ALCOAR]

I play the "Don't" line in craps.....does this make me un-American.

Knowing, and betting the odds in order to gain a favorable outcome is just smart.

Sheldon Adelson, and the Koch brothers are equally as destructive to America as Soros.