Billionaire investor George Soros has confirmed he wants to bring down Europe’s borders, following the accusation made last week by Hungarian Prime Minister Viktor Orban.
Last week, Mr Orban accused Mr Soros – who was born in Hungary – of deliberately encouraging the migrant crisis.
“This invasion is driven, on the one hand, by people smugglers, and on the other by those (human rights) activists who support everything that weakens the nation-state,” Mr Orban said. Continue reading »
George Soros want Europe to do a lot more for the refugees, asylum-seekers, and migrants mass-exodus-ing from The Middle East. As he writes in a Project Syndicate op-ed, The European Union needs to accept responsibility for the lack of a common asylum policy, which has transformed this year’s growing influx of refugees from a manageable problem into yet another political crisis.
Each member state has selfishly focused on its own interests, often acting against the interests of others. This precipitated panic among asylum seekers, the general public, and the authorities responsible for law and order. Asylum seekers have been the main victims. Continue reading »
The price of gold and silver is set to explode according to one of the most well known CEO’s in the precious metals mining space.
Keith Neumeyer, the CEO of one of the world’s lowest-cost primary silver producers, says that the negative headlines surrounding history’s most trusted monetary instruments will soon give way and the smart money, including the likes of George Soros and Carl Icahn, is taking massive positions ahead of the breakout.
Neumeyer, who has created two billion-dollar companies and recently founded the mineral bank investment firm First Mining Finance, argues that the fundamentals are simply too great to ignore. Continue reading »
– Billionaire Hypocrisy: George Soros May Owe $7 Billion In Taxes (ZeroHedge, April 30, 2015):
“You support President Obama’s proposal to increase taxes on the wealthy?” That was the question put to George Soros on CNN some three years ago. Here was his answer:
“Yes, very much… the super bubble really resulted in creating a great increase in inequality, and now we have the after effect where you have slow growth, but if you could have better distribution of income, then the average American would actually be better off.”
There’s no question that “everyday Americans” (as a reminder, those are the people Hillary Clinton wants to help by running for president… well, those people and perhaps a few foreign governments and any investment bank who is willing to pay her husband six figures for a speech) would be better off if they got a larger piece of the pie, but as we’ve seen over the past several months, that’s not likely to happen as wage growth declines for the 80% of American workers classified by the BLS as “non-supervisory” even as the country’s supervisors see their pay increase, and as Fed policy continues to inflate the assets most likely to be concentrated in the hands of the wealthy. As this sad reality continues to play itself out destroying the American Middle Class in the process, we wondered if Soros was doing his best to ameliorate the situation by redistributing more of his vast wealth to the very same “average Americans” about which he expressed so much concern in 2012. The short answer: no.
– West and Soros Rely on «Extreme Balkanization» to Prevent Turkish Stream Pipeline (Strategic Culture Foundation, April 25, 2015):
By Wayne Madsen
The Obama administration interventionists, content in the knowledge that they have, at least, another year-and-a-half remaining in power, have decided to resort to extreme ethnic-based Balkanization to throw up a road block to the Russian «Turkish Stream» pipeline that is to bring natural gas from Russia through Turkey and into Greece, Macedonia, Serbia, and Hungary. The Obama administration has set about to foment another «color revolution», this time in Macedonia.
The strategy of the Obama/George Soros interventionists is to bury the Macedonian government of Prime Minister Nikola Gruevski with unfounded charges that it engaged in massive wiretapping of some 20,000 Macedonians, including leaders of the opposition. The source of the transcripts of intercepted communications of Macedonian citizens allegedly came from the former chief of the Macedonian intelligence service, Zoran Verushevsky, who may have had assistance in collecting the wiretaps from his friends in British, German, and U.S. intelligence. The intercepts have been used by Social Democratic opposition leader Zoran Zaev, a favorite of the Soros network and the U.S., to hammer Gruevski for allegedly eavesdropping on the opposition. Somehow, Zaev gained possession of copies of the intercepts, which he then used to attack the government. Continue reading »
– George Soros Warns Greece “Is Going Down The Drain” (ZeroHedge, March 24, 2015):
“Right now we are at the cusp,” billionaire George Soros tells Bloomberg TV in this brief clip, the chances of Greece leaving the euro area are now 50-50 and the country could go “down the drain.” The 84-year-old fears that talks between Greece and ‘the institutions’ could “break down,” adding that “Greece is a long-festering problem that was mishandled from the beginning by all parties,” concluding that the chances of Greece leaving the euro area are now 50-50 and the country could go “down the drain.” Finally, Soros notes, what worries him the most is Ukraine. Continue reading »
– George Soros “Trojan Horse” Inside The New Greek Government? – Wayne Madsen (The News Doctors, Jan 29, 2015):
As Greece celebrates the inauguration of its anti-austerity government, the euphoria should be tempered with a bit of realism. Although new Prime Minister Alexis Tsipras, who named his son “Ernesto” after Cuban revolutionary Ernesto “Ché” Guevara, and the vast majority of his new Coalition of the Radical Left (SYRIZA) government have good left-wing and pro-labor credentials, the same cannot be necessarily said of the man Tsipras chose to be Greece’s new finance minister. Yanis Varoufakisis a citizen of Australia who was educated in Britain and worked as a professor at the University of Texas. Europe has witnessed such dual nationals with conflicting loyalties take power in countries in Eastern Europe, most notably in Ukraine, where American Natalie Jaresko became finance minister in order to deliver International MonetaryFund (IMF) and European Central Bank (ECB) austerity “poison pills” to Ukraine. Continue reading »
– How The Swiss National Bank Almost Crushed George Soros (ZeroHedge, Jan 23, 2015):
Minutes after last week’s Swiss National Bank shocker, jokingly we mused:
Will be ironic if Soros was long EURCHF
— zerohedge (@zerohedge) January 15, 2015
… because there would be nothing more ironic if the man who “broke the Bank of England” ended up being FXCMed himself by another central bank, over two decades later and just as he was set to finally retire, at the age of 84, formally, something he supposedly announced in Davos yesterday. Continue reading »
Divide et impera, entertainment and diversion from current (much more important) events.
Will the people ever learn?
– The Mysterious Sponsor Behind The Ferguson Protests And Media Campaign: George Soros (ZeroHedge, Jan 17, 2015):
In an apparent effort to “keep the media’s attention on the city and to widen the scope of the incident to focus on interrelated causes — not just the overpolicing and racial discrimination narratives that were highlighted by the news media in August,” liberal billionaire George Soros donated $33million to social justice organizations which helped turn events in Ferguson from a local protest into a national flashpoint.
As The Washington Times explains,
There’s a solitary man at the financial center of the Ferguson protest movement. No, it’s not victim Michael Brown or Officer Darren Wilson. It’s not even the Rev. Al Sharpton, despite his ubiquitous campaign on TV and the streets. Continue reading »
– George Soros: $50 Billion for Ukraine or War with Russia (Russia Insider, Jan 9, 2015):
- Soros: “The US and the Europeans are determined to avoid a war but unless they balance sanctions with support for Ukraine, they may well have one”
- The solution? $50 billion for Ukraine
- George Soros is an intolerable chowderhead
This article originally appeared in The Financial Times
Billionaire investor George Soros has accused western leaders of dangerously miscalculating their strategy towards Russia and Ukraine, arguing that the crisis there posed a lethal risk to the eurozone.
In an interview with the Financial Times, the Hungarian-born philanthropist complained that European leaders were treating Ukraine as “just another country” in need of financial assistance rather than realising that the crisis on the EU’s eastern border posed a greater danger to Europe’s economy, and even the survival of the EU, than the Greek election. Continue reading »
– “Europe Is Under Threat By Russia” George Soros Warns The EU To Take Action, “Freedom Isn’t Free” (Zerohedge, Nov 5, 2014):
E.U. May Crack Over Ukraine, Soros Warns
The legendary Hungarian-American investor, George Soros, told Handelsblatt that the European Union and euro currency zone could unravel if member countries can’t agree on a unified response to Russia’s aggression in Ukraine.
The European Union and the euro could founder if its members don’t stand together against Russia, George Soros said Tuesday in Düsseldorf. Source: Frank Beer for Handelsblatt George Soros, one of the world’s richest men and a tireless defender of Central European democracy, warned that the European Union, a mainstay of post-war stability, could dissolve and unravel if the 28-country bloc can’t agree on a common response to Russia’s aggression in the Ukraine. Continue reading »
Dear Readers, I now have for you the complete English transcript of Russian Foreign Minister Sergey Lavrov’s speech to the United Nations. Lavrov’s speech, together with President Putin’s remarks in his Serbian press conference (excerpts posted on this site) clearly indicate that the moral leader of the world is Russia, not Washington.
If even George Soros is getting concerned and writing Op-Eds, then Putin must be truly winning.
Here are the highlights from what the Open Society founder has to say about the “existential” Russian threat in a just released Op-Ed: Continue reading »
– George Soros Warns “This Is The Worst Possible Time” For Scottish Independence (ZeroHedge, Sep 11, 2014):
Authored by George Soros, originally posted Op-Ed at The FT,
This is the worst possible time for Britain to consider leaving the EU – or for Scotland to break with Britain.
The EU is an unfinished project of European states that have sacrificed part of their sovereignty to form an ever-closer union based on shared values and ideals. Those shared values are under attack on multiple fronts. Russia’s undeclared war against Ukraine is perhaps the most immediate example but it is by no means the only one. Resurgent nationalism and illiberal democracy are on the rise within Europe, at its borders and around the globe. Continue reading »
– Icahn, Soros, Druckenmiller, And Now Zell: The Billionaires Are All Quietly Preparing For The Plunge (ZeroHedge, Sep 3, 2014):
“The stock market is at an all-time, but economic activity is not at an all-time,” explains billionaire investor Sam Zell to CNBC this morning, adding that, “every company that’s missed has missed on the revenue side, which is a reflection that there’s a demand issue; and when you got a demand issue it’s hard to imagine the stock market at an all-time high.” Zell said he is being very cautious adding to stocks and cutting some positions because “I don’t remember any time in my career where there have been as many wildcards floating out there that have the potential to be very significant and alter people’s thinking.” Zell also discussed his view on Obama’s Fed encouraging disparity and on tax inversions, but concludes, rather ominously, “this is the first time I ever remember where having cash isn’t such a terrible thing.” Zell’s calls should not be shocking following George Soros. Stan Druckenmiller, and Carl Icahn’s warnings that there is trouble ahead.
Billionaire 1: Sam Zell Continue reading »
– George Soros sells all shares of Citigroup, Bank of America and JP Morgan (Intellihub, May 20, 2014):
Is this a sign of trouble ahead for the banking industry?
WASHINGTON — Just over 2 decades ago banker George Soros made his most famous investment by shorting the British pound and pocketing a billion dollars in the process. Since then he has become famous for betting on stock market crashes and in some cases even rigging markets to fail for his own gain.
Just months ago, Soros made headlines by making a billion dollar stock bet against the S&P 500. At the time this was said to be a sign of trouble ahead for the US economy, as Soros has seemed to have had advance knowledge of market crashes in the past. As a result of this reputation, investors have begun to keep a close eye on his holdings. Continue reading »
Added: Apr 23, 2014
Gilad Atzmon is an Israeli-born British jazz saxophonist, novelist, political activist and writer. He recently gave a talk in Geneva on March 20th, 2014 called ‘The Biology of the Israeli-Palestinian conflict’.
From the article:
“Strongest sanction” against Russia “is in the hands of the United States” because U.S. could sell crude from the Strategic Oil Reserve and depress prices, investor George Soros says during panel discussion in Berlin.
Brilliant, brilliant strategy!
– Soros Has A Modest Proposal For How To Punish Russia (ZeroHedge, March 20, 2014):
Having warned of Putin’s blind-spot (and Merkel’s position of potential leadership) in the Europe-US-Russia debacle, billionaire investor George Soros has some ideas on how to punish Russia (and some warnings on the consequences)…
- *SOROS SAYS PUTIN ‘ACTING OUT OF WEAKNESS’
- *SOROS SAYS UKRAINE CRISIS IS LEADERSHIP CHANCE FOR MERKEL
- *SOROS SAYS MERKEL’S LEADERSHIP HAS GROWN IN UKRAINE CRISIS
- *SOROS SAYS U.S. SELLING OIL RESERVES WOULD HURT RUSSIA
- *SOROS SAYS U.S. HOLDS ‘STRONGEST SANCTION’ WITH OIL RESERVE
Russian President Putin sought to prop up flagging support at home in a move that “turned him adventurous abroad and repressive at home,” billionaire investor and Chairman of the Open Society Institute George Soros said today during a podium discussion in Berlin. Continue reading »
– “Soros Put” Hits Record As Billionaire’s Downside Hedge Rises By 154% in Q4 To $1.3 Billion (ZeroHedge, Feb 17, 2014):
A curious finding emerged in the latest 13F by Soros Fund Management, the family office investment vehicle managing the personal wealth of George Soros.
Actually, two curious findings: the first was that the disclosed Assets Under Management as of December 31, 2013 rose to a record $11.8 billion (this excludes netting and margin, and whatever one-time positions Soros may have gotten an SEC exemption to not disclose: for a recent instance of this, see Greenlight Capital’s Micron fiasco, and the subsequent lawsuit of Seeking Alpha which led to the breach of David Einhorn’s holdings confidentiality).
The second one is that the “Soros put”, a legacy hedge position that the 83-year old has been rolling over every quarter since 2010, just rose to a record $1.3 billion or the notional equivalent of some 7.09 million SPY-equivalent shares. Since this was an increase of 154% Q/Q this has some people concerned that the author of ‘reflexivity’ and the founder of “open societies” may be anticipating some major market downside.
– The Real Powers Behind President Barack Obama By Karen Hudes (Before It’s News, Dec 31, 2013)
– George Soros Sponsors Hillary Clinton 2016 Super PAC With Donation & Becomes Co-Chair (Freedom Outpost, Oct 24, 2013):
This should come as no surprise considering the ties that Hillary Clinton has and the fact that she has been virtually coronated as the next presidential candidate for the Democrat Party. Today the official Twitter account of the Hillary Clinton super PAC Ready for Hillary made it known that mega billionaire George Soros is sponsoring her efforts.
The Tweet read, “We are proud to welcome George Soros as one of the co-chairs of @ReadyForHillary‘s national finance council.”
We are proud to welcome George Soros as one of the co-chairs of @ReadyForHillary‘s national finance council.
— Ready for Hillary (@ReadyForHillary) October 24, 2013
– 18 Signs That Global Financial Markets Are Entering A Horrifying Death Spiral (Economic Collapse, Aug 20, 2013):
You can see it coming, can’t you? The yield on 10 year U.S. Treasuries is skyrocketing, the S&P 500 has been down for 9 of the last 11 trading days and troubling economic news is pouring in from all over the planet. The much anticipated “financial correction” is rapidly approaching, and investors are starting to race for the exits. We have not seen so many financial trouble signs all come together at one time like this since just prior to the last major financial crisis. It is almost as if a “perfect storm” is brewing, and a lot of the “smart money” has already gotten out of stocks and bonds. Could it be possible that we are heading toward another nightmarish financial crisis? Could we see a repeat of 2008 or potentially even something worse? Of course a lot of people believe that we will never see another major financial crisis like we experienced in 2008 ever again. A lot of people think that this type of “doom and gloom” talk is foolish. It is those kinds of people that did not see the last financial crash coming and that are choosing not to prepare for the next one even though the warning signs are exceedingly clear. Let us hope for the best, but let us also prepare for the worst, and right now things do not look good at all.
The following are 18 signs that global financial markets are entering a horrifying death spiral… Continue reading »
– George Soros Goes Long Herbalife, Makes It “Top 3” Position (ZeroHedge, July 31, 2013):
It just keeps going form bad to worse for William Ackman. The so-called retail expert tried to diffuse the situation today by announcing a massive $2 billion position in Airgas, only for Herbalife to go right back front and center, following news moments ago from CNBC that none other than George Soros has taken a long stake in Herbalife, and not just any stake but a “top 3” position. We haven’t done the math but the float out there must be getting dangerously low for Ackman: low enough to where the Volkswagen scenario we predicted in early January (just as we predicted the imminent epic short squeeze) may finally come in play as there is not enough float to cover Ackman’s short, and certainly not when the longs decide to pull all the borrow. If and when the Ackman margin calls hit, we hope that Soros will accept shares of Airgas as deliverable.
– Reuters Releases George Soros Obituary By Mistake: “Enigmatic Financier, Liberal Philanthropist Dies At XX” (ZeroHedge, April 18, 2013):
Update – that didn’t take long:
Reuters erroneously published an advance obituary of financier and philanthropist George Soros. A spokesman for Soros said that the New York-based financier is alive and well. Reuters regrets the error.
* * *
First CNN, then AP, now Reuters: the entire media is increasingly starting to look like amateur hour. Unless, of course, Soros is like Osama, and had several “reincarnated” body doubles, with the original specimen long gone.
Here is our suggestion for another prepared article: “Today after XX centuries of monetizing debt, the Emperor of the Galactic Central Bank, Gaius Maximus Printius Bernankius the DCLXVIth, ended QE in the year of the alien invasion, XXXXX. Bread costs XXXXXXXXXXX.”
Just out from Reuters, an article which will certainly be withdrawn in milliseconds. Intern heads will roll for this, although it would be truly “New Normal” if Soros were to have a heart attack upon reading news of his own death, and die from it.
George Soros, enigmatic financier, liberal philanthropist dies at XX
By Todd Eastham
WASHINGTON, XXX (Reuters) – George Soros, who died XXX at age XXX, was a predatory and hugely successful financier and investor, who argued paradoxically for years against the same sort of free-wheeling capitalism that made him billions.
He was known as “the man who broke the Bank of England” for selling short the British pound in 1992 and helping force the United Kingdom to withdraw from the European Exchange Rate Mechanism, which devalued the pound and earned Soros more than $1 billion.
– Ex-Soros Advisor Sells “Almost All” Japan Holdings, Shorts Bonds; Sees Market Crash, Default And Hyperinflation (ZeroHedge, April 14, 2013):
Previously, we have pointed out why Japan’s attempt at reincarnating its economy, geared solely at generating a stock market-based “wealth effect”, and far less focused on boosting the country’s trade surplus or current account, is doomed to failure, namely due the drastically lower equity participation by the general population and financial institutions in the country’s stock market. Sure, foreign investors will come and go renting each rally for a period of time, but unless the local population participates in the “reflation attempt” (which has already sent the price of luxury goods, energy and food through the rood), or in other words change the behavioral patterns of two generations of Japanese in under two years, the inflationary shock will simply leads to a loss of faith in the government and ultimately Abe’s second untimely demise. Not surprisingly, 4 months after Japan set off on the most ludicrous economic experiment in history, and one week after the BOJ announced its plans to double its balance sheet, Abe’s approval rating has already begun sliding with a poll by Asahi just reporting that popular support of Abe’s cabinet is already down to 60%, down from 71% a month ago. Continue reading »
– Top 10 excuses for Obama signing the Monsanto Protection Act (Jon Rappoport’s Blog, March 28, 2013):
Yes, he signed HR 993. It was a bill funding the federal government. There was a rider in it. A Monsanto and biotech rider.
The gist of the rider is: a dangerous ghoulish GMO food crop can’t be stopped by a court order. That crop can still be grown, harvested, and sold in the US.
Isn’t that wonderful? Isn’t it grand?
250,000 people signed an emergency letter to Obama, telling him to send HR 993 back to Congress so the rider could be removed. He didn’t.
Tags: Agriculture, Barack Obama, Bill Gates, Constitution, Dictatorship, Environment, Fascism, Food, Genetically Modified Organisms, George Soros, Global News, GMO, Government, Health, Law, Monsanto, New World Order, Obama administration, Politics, U.S.
In the last few years gold and silver bottomed out around Christmas.
– Gold – It’s Time (ZeroHedge, Dec 12, 2012):
Authored by Lee Quaintance and Paul Brodsky of QBAMCO,
Gold bugs can’t understand how the public can be so unaware, how highly intelligent policy makers can be so immoral, and how the mainstream media can be so incurious. We can’t understand why more men and women in the investment business haven’t joined some of the more successful ones that have come around to precious metals and have taken substantial positions in them for their funds and personal accounts. The list of high profile independent-minded investors that have come out of the proverbial closet is impressive and growing: Kyle Bass, John Paulson, David Einhorn, George Soros, Bill Gross and Paul Singer, to name only a few.
Continue reading »
AGAIN: This is the ‘Greatest Depression’.
– Have the Last 5 Years Been Worse than the Great Depression? (ZeroHedge, Sep 21, 2012):
What Do Economic Indicators Say?We’ve repeatedly pointed out that there are many indicators which show that the last 5 years have been worse than the Great Depression of the 1930s, including:
- The housing slump
- The interconnectedness of financial systems and economies worldwide (interconnectedness leads to financial instability)
- Runaway spending and greed
Mark McHugh reports:
Velocity of money is the frequency with which a unit of money is spent on new goods and services. It is a far better indicator of economic activity than GDP, consumer prices, the stock market, or sales of men’s underwear (which Greenspan was fond of ogling). In a healthy economy, the same dollar is collected as payment and subsequently spent many times over. In a depression, the velocity of money goes catatonic. Velocity of money is calculated by simply dividing GDP by a given money supply. This VoM chart using monetary base should end any discussion of what ”this” is and whether or not anybody should be using the word “recovery” with a straight face:
In just four short years, our “enlightened” policy-makers have slowed money velocity to depths never seen in the Great Depression.
Indeed, the number of Americans relying on government assistance to obtain basic food may be higher now that during the Great Depression. The only reason we don’t see the “soup lines” like we did in the 30s only because of the massive food stamp program.
Tags: Alan Greenspan, Barack Obama, Ben Bernanke, Bonds, Collapse, Debt, Dollar, Economy, Fed, Federal Reserve, GDP, George Soros, Global News, Government, Great Depression, Joseph Stiglitz, Marc Faber, Obama administration, Paul Volcker, Politics, Quantitative Easing, Society, U.S.