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Soros Unloads All Investments in Major Financial Stocks; Invests Over $130 Million In Gold

In a harbinger of what may be coming our way in the Fall of 2012, billionaire financier George Soros has sold all of his equity positions in major financial stocks according to a 13-F report filed with the SEC for the quarter ending June 30, 2012.

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.

What’s equally as interesting as his sale of major financials is where Soros has shifted his money. At the same time he was selling bank stocks, he was acquiring some 884,000 shares (approx. $130 million) of Gold via the SPDR Gold Trust.

When a major global player with direct ties to the White House, Wall Street, and the banking system starts off-loading stocks and starts stacking gold, it suggests a very serious market move is set to happen.

Continue:
http://www.infowars.com/report-soros-unloads-all-investments...




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Only an idiot would trade one piece of paper for another.

When the collapse happens, he won't be able to eat his paper.

The last

official act of a crumbling empire is to loot the treasury...

"The problem is not those in power, the problem is right between your ears." ~Larken Rose

http://www.youtube.com/watch?v=t5FNDRgPOLs&list=FL4wdZ0dK3HG...

Paper Gold

Correct?

"Its easier to fool people than to convince them that they have been fooled."
Mark Twain

Yes, paper gold

SPDR touts itself as the world's largest 'physically backed' fund.

Is it 100% physically backed? Does it have enough product to actually deliver $130mil worth of gold to Soros? I wonder.

As an old gold bug once told me "If you can't pull down your pants and rub your junk on it - you don't own it."

When a true genius appears in the world, you may know him by this sign: that the dunces are all in confederacy against him. ~J. Swift

Good points

I have the same questions.

LL on Twitter: http://twitter.com/LibertyPoet
sometimes LL can suck & sometimes LL rocks!
http://www.dailypaul.com/203008/south-carolina-battle-of-cow...
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15

No conspiracy here...

If you follow these large investors you will see that they tend to be rather outspoken about their opinions...

“The collapse of the financial system as we know it is real, and the crisis is far from over,” Mr. Soros said at a conference in Vienna. “Indeed, we have just entered Act II of the drama.”

Mr. Soros, 79, said the current situation in the world economy is “eerily” reminiscent of the 1930s with governments under pressure to narrow their budget deficits at a time when the economic recovery is weak.

Concern that Europe’s sovereign-debt crisis may spread sent the euro to a four-year low against the dollar on June 7 and has wiped out more than $4 trillion from global stock markets this year. Europe’s debt-ridden nations have to raise almost 2 trillion euros ($2.4 trillion) within the next three years to refinance, according to the Bank of America Corporation.

“When the financial markets started losing confidence in the credibility of sovereign debt, Greece and the euro have taken center stage, but the effects are liable to be felt worldwide,” Mr. Soros said.

http://www.gurufocus.com/news/97265/george-soros-financial-c...

3 words come to mind

Ill gotten gains.

_________________________________

Freedom - Peace - Prosperity

fireant's picture

Thanks for the post....

I knew about the gold purchases, but was not aware Soros had dumped financials. Telling.

Undo what Wilson did

Wheres

the links? I followed that infowars article down the rabbit hole and didn't find any proof that Soros has bought gold.......

I'm not a conspiracy theorist, I'm just well-informed

fireant's picture

The SEC Report:

ok

there ya go! didnt see that at first. Could you make sense of that? Not me.

I finally did some googling around and found a bunch of sources stating all the same things.....

I'm not a conspiracy theorist, I'm just well-informed

Heres an Examiner Article

http://www.examiner.com/article/soros-sells-equities-and-buy...

Thanks for the update LL !

"Its easier to fool people than to convince them that they have been fooled."
Mark Twain

clicked

on every link in the article, still no proof.

I'm not a conspiracy theorist, I'm just well-informed

Thanks sister in Liberty

This coffee is to you.
Enjoy your day.

LL on Twitter: http://twitter.com/LibertyPoet
sometimes LL can suck & sometimes LL rocks!
http://www.dailypaul.com/203008/south-carolina-battle-of-cow...
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15

Looks like he's getting

Remarried too.
http://www.bloomberg.com/video/wedding-bells-to-ring-for-bil...

"Its easier to fool people than to convince them that they have been fooled."
Mark Twain

Really?

here is the link within the infowars article:
http://sgtreport.com/2012/08/soros-gold-action-speaks-louder...

quote:
George Soros more than doubled his shares in the SPDR gold trust ETF.
He increased his position in SPDR Gold to $137.3 million in the second quarter from $52 million previously.

LL on Twitter: http://twitter.com/LibertyPoet
sometimes LL can suck & sometimes LL rocks!
http://www.dailypaul.com/203008/south-carolina-battle-of-cow...
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15

I read that

but anyone can publish just about anything. Where's the reputable source from inside? Quotes from account managers or firms, a document, or even a person going on record with a bigger media outlet to make this statement? I don't trust MSM as much as the next person, but that doesn't mean I trust blogs or alt media outlets any more so.....

I'm not a conspiracy theorist, I'm just well-informed

Legalizeliberty is the DP's version of Glenn Beck

DISTRACTION.

Can't you just hold off for 1 more week?

It is interesting that you have suddenly taken to these chicken little prognostications so close to the convention. Maybe you can just pretend to have a little respect for the people here who have worked their ass off for the campaign and get over yourself. The doom and gloom can wait another week, the hollow points haven't been delivered to the department of genealogy yet....we still have time: )

fireant's picture

It seems you are distracting from this thread's topic.

This is a decent factual report with significant info, having no relation to anything you stated.

Undo what Wilson did

you don't know what you are

you don't know what you are talking about. the facts state what that jerk soros did. Are you that ignorant that you can not see what is coming. People like Soros do not do things like this because they think everything is going to be ok. Seriously I really do not see how your comment has anything to do with Legals post? Soros did what he did.

reedr3v's picture

I believe you are more

financially sophisticated than I; but another scenario is that guys like Soros and his gang are such big traders they are perfectly capable of blowing up bubbles and, when the little people follow their lead and help run up the price, Soros insiders can sell high en masse and leave the followers holding suddenly depreciated stocks.

I know...the sky is falling...

and "spooky dude" is too blame. How about you pay attention
..I don't care about the hollow points, the sell offs, the mayans or the weather. This is the DAILY PAUL and the Ron Paul campaign is seeking the nomination in Tampa next week. I think we can take a break from legalizeliberty's fear mongering and distractions till after the convention.

This is the exact type of info

that I use to draw people TO Ron Paul and his message.

Different people respond best to different types of messages. Some act better out of fear while others act from a sense of hope. The fear that works is most often financial but many others worry more about some of the other crises going on.

The point here is that all this info relates to the revolution that's taking place globally. Who are you to tell people how to post and how best to gain a larger following? I rather doubt it's how a grass 'routes' movement is operated.

On top of that, Ron is not a dumb person. I'd like to think that he has a plan - after all, look at his remaining campaign funds. Don't you think that too much useless discussion and supposition prior to the convention may risk exposing HIS hand?

I provide info on many subjects

Is this the Soviet Russia now?

How many subjects you see within the DP categories?
MANY!

I refuse to post only about the RNC...you can down-vote me all you want -- I no longer care.

LL on Twitter: http://twitter.com/LibertyPoet
sometimes LL can suck & sometimes LL rocks!
http://www.dailypaul.com/203008/south-carolina-battle-of-cow...
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15

I agree, there are a lot of

I agree, there are a lot of rude ignorant people on here that will criticize you on anything you post. It has happened to me a few times on here when I post stuff. You will have those kind of people everywhere.

lol.....

lol.....