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

**Honu** · 08-20-14, 12:49

show me where koch brothers have harmed America then ! since you said it
sounds like you read hufpo to much !

Originally Posted by TRIDENT82

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.

**austinN4** · 08-20-14, 12:57

Originally Posted by Honu

show me where koch brothers have harmed America then ! since you said it
sounds like you read hufpo to much !

I believe he was being sarcastic.

**Denali** · 08-20-14, 13:03

Originally Posted by montanadave

Since when did shorting the market become sinister?

Sorry I didn't get back to you quicker but I missed your comment. In the scheme of things, nothing, nothing at all, however most Wall Street tycoons don't possess Georges unique skill set, or his moral compass,

http://www.canadafreepress.com/index...s-george-soros

I spent yesterday evening in the company of a man whose grandfather spent much of the Holocaust dressed in a Nazi uniform. The difference between him and George Soros, is that he used that uniform as a disguise in order to find Jewish refugees and lead them to shelter.

And that difference is a profound one. It is the difference between a perpetrator and a rescuer. Between a collaborator and a hero.

Soros did not wear a Nazi uniform, but he might as well have, because he aided in the persecution of the Jews of Europe, without compassion, without guilt and without regret.

Various excuses have been made for his actions, and none of them hold the least bit of water.

Yes Soros was only a teenager at the time. So was my father, who nevertheless escaped to join the partisans, rather than accompanying a Nazi officer in his search for Jewish property he could loot. He had no choice? He certainly had a choice. Even in the worst of times, people still can and do make moral choices. And the choice for everyone, for Jews, Germans, Ukrainians, Poles, Frenchmen and so on down the line—was to collaborate with evil, or to do the right thing.

George Soros made the wrong choice then. As he has made the wrong choice over and over again. And he has never regretted any of them. And the one thing that clearly emerges from that, is that he has no understanding that evil is wrong. That participating in the persecution and murder of Jews is wrong. He didn’t know it back then, while the Holocaust was going on. He doesn’t know it today, when he helps set up and fund organizations like J Street, whose sole purpose is to help the Muslim terrorists who are murdering Jews today.

http://www.americanthinker.com/2007/...guiltless.html

KROFT: (You) went out, in fact, and helped in the confiscation of property from the Jews.

Mr. SOROS: Yes. That's right. Yes.

KROFT: I mean, that sounds like an experience that would send lots of people to the psychiatric couch for many, many years. Was it difficult?

Mr. SOROS: Not at all. Not at all. Maybe as a child you don't see the connection. But it created no problem at all.
(Note: Mr. Soros was not a child in 1944. Teenagers are well aware of moral rules.)
KROFT: No feeling of guilt?

Mr. SOROS: No.

KROFT: For example that, 'I'm Jewish and here I am, watching these people go. I could just as easily be there. I should be there.' None of that?

Mr. SOROS: Well, of course I could be on the other side or I could be the one from whom the thing is being taken away. But there was no sense that I shouldn't be there, because that was --- well, actually, in a funny way, it's just like in markets, that if I weren't there, of course, I wasn't doing it, but somebody else would be taking it away anyhow. And whether I was there or not, I was only a spectator, the property was being taken away. So I had no role in taking away that property. So I had no sense of guilt."

**montanadave** · 08-20-14, 13:26

And I want to make clear I am neither endorsing nor condemning Soros or any of the rest of the world's plutocrats.

The interview segment quoted above makes it quite clear, these folks don't see things as red, white, and blue; or black and white. It's all green.

**Moose-Knuckle** · 08-20-14, 16:51

Soros is one player of many but he is not out there simpley to make a buck.

Soros is a Jew, read up on how he collaborated with Nazis in his youth. Anyone that betrays his own people cannot be trusted, if he did that to his own people imagine his contempt he has for America.

**Denali** · 08-20-14, 18:49

Originally Posted by Crow Hunter

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.

He is wagering over two billion that it tanks....

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.

**montanadave** · 08-20-14, 19:50

Originally Posted by Denali

He is wagering over two billion that it tanks....

Which is about 7% of his personal net worth. If these positions are held by his hedge fund, it's an even smaller percentage.

I have a larger percentage of my retirement savings positioned to take advantage of a market correction.

**austinN4** · 08-20-14, 21:01

Originally Posted by montanadave

Which is about 7% of his personal net worth. If these positions are held by his hedge fund, it's an even smaller percentage.
I have a larger percentage of my retirement savings positioned to take advantage of a market correction.

I believe it is a higher percentage today, but your basic premise is correct. Assume 20% of the portfolio is put options he bought, which I believe to be higher than actual. He still has another 80% invested. In other words, he will make more money if stocks continue to go up than if the market tanks. Seems like pretty simple math to me. It's a hedge and probably a smart one.