Infinite Unknown

- 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 DCLXVI^th, 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Just out from Reuters, an article which will certainly be withdrawn in milliseconds.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
5:41pm EDT

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.

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Tags: George Soros, Society

Don’t miss!

- 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 »

Tags: Bank of Japan, Bonds, Collapse, Debt, Economy, George Soros, Goldman Sachs, Government, Japan, Politics, Quantitative Easing, Shinzo Abe, Stock Market

Related info:

- Obama’s ‘Monsanto Protection Act’ Bill Hands The Biotech Industry The Power To Nullify The Decisions Of Federal Courts

- ‘Monsanto Protection Act’ Written By Monsanto-Sponsored Senator

- Outrageous Betrayal Of All Americans: President Obama Signs ‘Monsanto Protection Act’ Into Law

- 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.

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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.

- Soros Fears ‘Rebellion’, Warns “The Euro Could Destroy The EU” (ZeroHedge, Feb 7, 2013)

Tags: Economy, EU, Euro, Europe, George Soros, Germany, Government, Politics, Society

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 »

Tags: Bill Gross, David Einhorn, Economy, George Soros, Global News, Gold, John Paulson, Kyle Bass, Paul Singer

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 bank charge off rate

• The collapse in world trade

• The withdrawal of short-term credit

• The level of inequality between rich and poor (too much inequality destroys economies)

• 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.

(As we’ve previously explained, the Fed has intentionally squashed money multipliers and money velocity as a way to battle inflation. And see this)

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.

Continue reading »

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.

From the article:

“In other words, Germany must lead or leave.”

Translation:

Germany must surrender and agree to be bankrupted, raped and pillaged … or leave.

Elite puppet financier …

- George Soros urges Germany to save euro (Guardian, Sep 9, 2012):

George Soros calls on Germany to save euro by dropping austerity policies or by leaving single currency

George Soros is calling on Germany to save the euro, either by abandoning its obsession with austerity policies – or itself leaving the single currency.”The difficulty is in convincing Germany that its current policies are leading to a prolonged depression, political and social conflicts, and an eventual break-up not only of the euro but also of the European Union,” he said in an article published in the New York Review of Books.

He warned that the split between creditor and debtor countries in the euro risked becoming permanent, with debtor nations condemned to low growth because they are forced to pay a high premium for access to credit. European union was liable to fall apart under the pressure, he added.

Soros singled out Germany as the country that should take responsibility for this “class divide” in the eurozone.

“In my judgment, the best course of action is to persuade Germany to choose between becoming a more benevolent leading nation, or leaving the euro. In other words, Germany must lead or leave.”

Continue reading »

Tags: Bonds, Debt, ECB, Economy, EU, Europe, George Soros, Germany, Global News, Government, Mario Draghi, Politics

- Jacob Rothschild, John Paulson And George Soros Are All Betting That Financial Disaster Is Coming (Economic Collapse, Aug 20, 2012):

Are you willing to bet against three of the wealthiest men in the entire world?  Jacob Rothschild recently bet approximately 200 million dollars that the euro will go down.  Billionaire hedge fund manager John Paulson made somewhere around 20 billion dollars betting against the U.S. housing market during the last financial crisis, and now he has made huge bets that the euro will go down and that the price of gold will go up.  And as I wrote about in my last article, George Soros put approximately 130 million more dollars into gold last quarter.  So will the euro plummet like a rock?  Will the price of gold absolutely soar?  Well, if a massive financial disaster does occur both of those two things are likely to happen.  The European economy is becoming more unstable with each passing day, and investors all over the globe are looking for safe places to put their money.  The mainstream media keeps telling us that everything is going to be okay, but the global elite are sending us a much, much different message by their actions.  Certainly Rothschild, Paulson and Soros know about things happening in the financial world that the rest of us don’t.  The fact that they are all behaving in a consistent manner right now should be alarming for all of us. Continue reading »

Tags: Banking, Collapse, Economy, EU, Euro, Europe, George Soros, Global News, Gold, Government, John Paulson, Politics, Rothschild, U.S.

This is the ‘Greatest Depression’.

- Startling Evidence That Central Banks And Wall Street Insiders Are Rapidly Preparing For Something BIG (Economic Collapse, Aug 16, 2012):

If you want to figure out what is going to happen next in the financial markets, carefully watch what the insiders are doing.  Those that are “connected” have access to far better sources of information than the rest of us have, and if they hear that something big is coming up they will often make very significant moves with their money in anticipation of what is about to happen.  Right now, Wall Street insiders and central banks all around the globe are making some very unusual moves.  In fact, they appear to be rapidly preparing for something really big.  So exactly what are they up to?  In a previous article entitled “Are The Government And The Big Banks Quietly Preparing For An Imminent Financial Collapse?“, I speculated that they may be preparing for a financial meltdown of some sort.  As I noted in that article, more than 600 banking executives have resigned from their positions over the past 12 months, and I have been personally told that a substantial number of Wall Street bankers have been shopping for “prepper properties” this summer.  But now even more evidence has emerged that quiet preparations are being made for an imminent financial collapse.  That doesn’t guarantee that something will happen or won’t happen.  Like any good detective, we are gathering clues and trying to figure out what the evidence is telling us.

Why Is George Soros Selling So Much Stock And Buying So Much Gold?

I am certainly not a fan of George Soros.  He has funneled millions upon millions of dollars into organizations that are trying to take America in the exact wrong direction.

Continue reading »

Tags: Ammunition, Barack Obama, Central Bank, Collapse, DHS, Economy, George Soros, Gold, Goldman Sachs, Government, Great Depression, Homeland Security, JPMorgan, Politics, SEC, Stock Market, U.S., Wall Street

And now Germany’s Der Spiegel is reporting what we have been saying for years.

And “the dollar’s structure isn’t in doubt”???

What are they smoking?

‘Currency’s Days Seen Numbered’

- Investors Prepare for Euro Collapse (Spiegel, Aug 13, 2012):

Banks, companies and investors are preparing themselves for a collapse of the euro. Cross-border bank lending is falling, asset managers are shunning Europe and money is flowing into German real estate and bonds. The euro remains stable against the dollar because America has debt problems too. But unlike the euro, the dollar’s structure isn’t in doubt.

Otmar Issing is looks a bit tired. The former chief economist at the European Central Bank (ECB) is sitting on a barstool in a room adjoining the Frankfurt Stock Exchange. He resembles a father whose troubled teenager has fallen in with the wrong crowd. Issing is just about to explain again all the things that have gone wrong with the euro, and why the current, as yet unsuccessful efforts to save the European common currency are cause for grave concern.

Continue reading »

Tags: Dollar, ECB, Economy, EU, Euro, Europe, George Soros, Global News, Government, John Paulson, Politics, U.S.