dothedd
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Post by dothedd on Apr 21, 2011 1:12:37 GMT -5
APRIL 20, 2011 GOLD CLOSE 1506.18 up 7.88silver-and-gold-prices.goldprice.org/
Gold Rallying to $1,500 as Soros's Bubble Inflates By Nicholas Larkin - Aug 31, 2010
Investors are accumulating enough bullion to fill Switzerland’s vaults twice over as gold’s most- accurate forecasters say the longest rally in at least nine decades has further to go no matter what the economy holds.
Analysts raised their 2011 forecasts more than for any other precious metal the past two months, predicting a 10th annual advance, data compiled by Bloomberg show. The most widely held option on gold futures traded in New York is for $1,500 an ounce by December, or 18 percent more than the record $1,266.50 reached June 21. Holdings through bullion-backed exchange-traded products are already at more than 2,075 metric tons, within 0.1 percent of the all-time high.
“Either a swift economic recovery or further dismal economic performance should bring new buyers into the market,” said Eugen Weinberg, an analyst at Commerzbank AG in Frankfurt who was the most accurate forecaster in the first quarter and expects the metal to rise as high as $1,400 next year. “A stronger economy would create more jewelry demand. If the economy stays weak or gets worse, then investors will be looking for a safe haven.”
Investors added to their gold holdings through ETPs for three consecutive weeks, reflecting demand for assets typically favored in times of financial stress. Two-year Treasury yields fell to a record low of 0.4542 percent on Aug. 24 and the yen reached a 15-year high against the dollar the same day. Pacific Investment Management Co., Deutsche Bank AG and Citigroup Inc. have announced or are offering funds or traded instruments designed to guard against sudden market declines. Swiss Reserves
Buyers accumulated almost 278 tons of gold in 2010 across 10 ETPs tracked by Bloomberg, worth $10.4 billion at this year’s average price. Total holdings are almost twice Switzerland’s official reserves of 1,040 tons, data compiled by the World Gold Council show. ETP holdings reached a record 2,078 tons July 19, data compiled by Bloomberg show.
One of the biggest buyers has been Soros Fund Management LLC, which oversees about $25 billion. George Soros, who made $1 billion breaking the Bank of England’s defense of the pound in 1992, described gold as “the ultimate asset bubble” at the World Economic Forum’s January meeting in Davos, Switzerland. Buying at the start of a bubble is “rational,” he said.
Soros Fund Management sold 341,250 shares of the SPDR Gold Trust, the largest ETP backed by bullion, in the second quarter, according to an Aug. 16 Securities and Exchange Commission filing. That still left a holding of 5.24 million shares, equal to almost 16 tons. Soros declined to comment on the change, through a spokesman.
Accurate Forecasters
Gold may rise as high as $1,500 next year, 21 percent more than the $1,240 traded at 1:45 p.m. in London, according to the median in a Bloomberg survey of 29 analysts, traders and investors. Dan Brebner, an analyst at Deutsche Bank in London who is the most accurate forecaster so far this year, says the metal may reach $1,550.
Bullion gained 13 percent since January, beating an 8.4 percent return on Treasuries, an 8 percent decline in the MSCI World Index of shares and the 10 percent slump in the S&P GSCI Total Return Index of 24 raw materials.
Investors are concerned the recovery is weakening. Sales of new U.S. homes fell to an all-time low in July, the Commerce Department said Aug. 25. The U.S. economy grew at a 1.6 percent annual rate in the second quarter, less than previously calculated, the department said Aug. 27. U.S. growth will slow to 2.8 percent next year, compared with 3 percent in 2010, according to the median of as many as 69 economists’ forecasts compiled by Bloomberg.
‘Fear Another Crisis’
People “fear another crisis and so they will diversify into gold,” said Thorsten Proettel, an analyst at Landesbank Baden-Wurttemberg in Stuttgart, Germany, who was also the most- accurate forecaster in the first quarter. He expects gold to trade as high as $1,350 next year. Anne-Laure Tremblay, an analyst at BNP Paribas SA in London whose forecast was also the best in the period, is estimating a 2011 high of $1,370. Bullion’s four-fold rally since the end of 2000 has attracted fund managers Eric Mindich and John Paulson. Mindich’s $13 billion Eton Park Capital Management LP bought almost 6.58 million shares of the SPDR Gold Trust in the second quarter, according to an Aug. 16 SEC filing. That’s equal to about 20 tons of gold. Paulson & Co., managing $31 billion, held 31.5 million shares in the SPDR Gold Trust, making it the largest investor, an Aug. 16 SEC filing shows. Astor Sells
Astor Asset Management LLC, with about $570 million of assets, once had as much as 10 percent of its holdings in the SPDR Gold Trust, according to Bryan Novak, managing director of the Chicago-based company. The firm sold the stake at the end of last year for a profit and now owns silver, copper and a multicommodity ETP.
“We don’t believe we’re heading into a double-dip recession,” Novak said. “Gold carries some risk because a lot of people are piling into the trade.”
A plunge in equities may spur investors to sell their gold holdings to raise cash, he said. The Standard & Poor’s 500 Index dropped 14 percent since this year’s peak on April 26.
Investment demand of 1,901 tons last year exceeded jewelry consumption of 1,759 tons for the first time in three decades, according to London-based researcher GFMS Ltd. That trend continued into the second quarter, with total demand advancing 36 percent to 1,050.3 tons, the WGC in London said Aug. 25.
Newmont Mining
Earnings at Newmont Mining Corp., the largest U.S. gold producer, may increase 47 percent to $1.93 billion in 2010, according to the mean estimate of seven analysts’ forecasts compiled by Bloomberg. The 16-member Philadelphia Stock Exchange Gold and Silver Index advanced 8.7 percent since January. Bets on gold may pay off even if economic recoveries strengthen. World growth will be 4.6 percent this year, the most since 2007, the International Monetary Fund said July 7. China, the second-biggest bullion buyer after India, will expand 10 percent in 2010, compared with 9.1 percent last year, according to the median of 24 economists’ forecasts compiled by Bloomberg.
Gold imports by India this year may total 600 tons to 625 tons, compared with an estimated 480 tons to 485 tons last year, according to Anjani Sinha, chief executive officer of National Spot Exchange Ltd., the country’s biggest bourse for trading physical gold.
While growth may curb investors’ appetite for gold to protect their wealth, it may also bolster purchases of jewelry, reviving demand that fell to a 21-year low in 2009, according to Jochen Hitzfeld, an analyst at UniCredit SpA in Munich and the best forecaster in the last three quarters. He’s predicting a 2011 high of $1,350.
More Bullish
Analysts are getting more bullish. Their median estimate for next year’s average gold price climbed 6.2 percent since June 16 to $1,247.50, according to 17 forecasts compiled by Bloomberg. That compares with a 2.6 percent gain in silver forecasts, 0.6 percent advance in platinum predictions and a 0.5 percent jump in their palladium outlook.
Gold averaged $1,166.43 since January, heading for a ninth consecutive year of higher average prices. That’s the longest streak since at least 1920.
Options traders are also betting on prices rallying. The biggest position is in call options expiring in November 2010, giving traders the right to buy the metal at $1,500 by then. The next biggest position is the call option for $2,000 expiring in November 2011, data from the Comex exchange in New York show.
“Investors’ interest is still growing and still hasn’t reached a reasonable part of their portfolio,” UniCredit’s Hitzfeld said. “Gold is still an under-owned asset, that’s perfectly clear.” To contact the reporters on this story: Nicholas Larkin in London at nlarkin1@bloomberg.net.
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dothedd
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Post by dothedd on Apr 26, 2011 0:27:42 GMT -5
Government
Soros: U.S. Can Take on More Debt and Stop Obsessing About Budget Cuts
April 10, 2011 at 11:23pm
Famed investor George Soros spoke to Bloomberg Television about the U.S. economy yesterday, specifically the debate over cuts versus government spending. Soros argues that the U.S. should take on more debt and spend it on infrastructure.U-TUBE LINK: www.theblaze.com/stories/soros-u-s-can-take-on-more-debt-and-stop-obsessing-about-budget-cuts/Posted on April 10, 2011 at 11:25pm Yes you are right there spooky dude we sure can if we want to collapse our economy you evil *******!Posted on April 10, 2011 at 11:46pm "If this man was as Godly as he is evil he would be the greatest benefactor (secularly speaking of course) the world has ever known. Such ambition all used for wicked and vain purposes what a foolish and wasted life this man has lived, very sad indeed."
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dothedd
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Post by dothedd on May 23, 2011 18:02:12 GMT -5
George Soros Infiltrates Media to Control U.S. Agenda Written by CAA Alerts on May 23, 2011, 01:26 PM Soros Spends Over $48 Million to Infiltrate U.S. Media Organizations!
George Soros is infiltrating and controlling the U.S. news media from the top down by funding everything from Columbia University's School of Journalism to National Public Radio.
Many Americans revolted and fought against federal funding for NPR once they learned that Soros had contributed $1.8 million to the taxpayer-funded radio network in an effort to push his anti-American agenda. But what many Americans don't know is that Soros has connections to more than 30 mainstream news organizations, journalism associations, and the premier J-school publication: the Columbia Journalism Review.
Soros has found that his strategy of funding journalism to be a powerful way to influence the American public and to infiltrate young minds.
By spending more than $48 million to fund media news organizations, the Soros agenda has infiltrated mainstream news outlets - including The New York Times, Washington Post, the Associated Press, NBC and ABC.
Fox News reports that: "Prominent journalists like ABC's Christiane Amanpour and former Washington Post editor and now Vice President Len Downie serve on boards of operations that take Soros cash. This despite the Society of Professional Journalists' ethical code stating: 'avoid all conflicts real or perceived.'"
Conservative Action Alerts believes that Congress should investigate George Soros' infiltration into the U.S. media and journalism schools. Soros believe that the U.S. is "an obstacle to a stable and just world," and he is taking over our media. Soros is a dangerous man who wants to destroy our nation! Please CLICK HERE to fax Congress and tell them to investigate George Soros' takeover of U.S. media! We CANNOT afford to hand our nation, and our media, over to Soros, a man who has gleefully collapsed economies around the world. Don't let America fall into Soros' hands!
Contributing BIG money to major media outlets is quickly advancing the Soros agenda. This scheme has worked so well that Soros has also donated $600,000 to the Columbia School Journalism, which publishes the Columbia Journalism Review that, in turn, features investigative reporting projects and organizations funded by Soros: ProPublica (a Soros-funded investigative start-up that attacks American businesses and U.S. oil companies, and has won two Pulitzer Prize awards), the Open Society Institute, the Center for Public Integrity, the Center for Investigative Reporting and New Orleans' The Lens.
Soros is grooming young journalists and is controlling media from the ground up! "ProPublica, which recently won its second Pulitzer Prize, initially was given millions of dollars from the Sandler Foundation to 'strengthen the progressive infrastructure.' In 2010, it also received a two-year contribution of $125,000 each year from the Open Society Foundations, a network of more than 30 international foundations, mostly funded by Soros, who has contributed more than $8 billion to those efforts.
"The main obstacle to a stable and just world is the United States." - George Soros Americans shouldn't be surprised that Soros, among the top-50 richest men in the world, has been able to buy two Pulitzer Prize awards; after all, he gave money to the Columbia School of Journalism, which is headed by President Lee Bollinger, who sits on the Pulitzer Prize board, and is also a members of the board of directors at The Washington Post. (Are you connecting the dots?)
Soros' genius is in funding foundations that fund other foundations, which then make their own donations - this is his perfect strategy to infiltrate the U.S. media and make it close-to impossible for Americans to track.
So why are we letting this man gain control of our media? Soros believes that the U.S. is "an obstacle to a stable and just world," and he is attempting to gain control of our media and young American minds by infiltrating mainstream media and our most prominent journalism schools. Soros is a dangerous man who wants to destroy the U.S.! Please CLICK HERE to fax Congress and tell them to investigate George Soros' takeover of the U.S. media! We CANNOT afford to hand our nation, and our media, over to Soros, a man who has gleefully collapsed economies around the world. Don't let America fall into Soros' trap!
To advance his takeover of the U.S. media, Soros recently hosted a conference that he described as an effort to "change the world. Change the media." We all know what that means: Soros is devising a plan to silence the few conservative voices in the media by introducing a new Fairness Doctrine that will shut down talk radio!
The theme of the media conference was to push for government control of the media. Bollinger, the president of Columbia's J-school, Pulitzer Prize board member and WaPo board member, is calling for federal funding of the media, and he wants a return to the Fairness Doctrine.
Soros and Bollinger are advancing the same agenda!
Soros is destroying the U.S. from the inside out. By infiltrating the media, Soros controls the messaging, and the investigative reporting, and WINS praise by taking home two Pulitzer Prize awards for his coveted investigative reports about the atrocities of American corporations.
Together, we can stand up in defense of free speech and fight for a free press against Soros' oppressive anti-American agenda that is infiltrating young minds at our most prominent J-schools.
Soros has captured an audience - from universities to newspapers to mainstream media - and unless we STOP SOROS NOW, he is going shut down all forms of media that oppose to his world view!
Soros believes that the U.S. is "an obstacle to a stable and just world," and he is attempting to gain control of our media and young American minds. Soros is a dangerous man who wants to destroy our nation! Please CLICK HERE to fax Congress and tell them to investigate George Soros' takeover of U.S. media! We CANNOT afford to hand our nation, and our media, over to Soros, a man who has gleefully collapsed economies around the world. Don't let America into Soros' hands!
Who is George Soros? György Schwartz, or George Soros, worked for one of Adolf Hitler's henchmen after the Nazi's invaded Hungary. At the age of 14, he assisted a man in stealing valuables from his fellow Jews. Soros has repeatedly claimed that was the "best year of his life."
That best year of his life saw the deaths of nearly half a million people.
According to the book, "Soros: The Life and Times of a Messianic Billionaire," as a young man, Soros served as "editor-in-chief, publisher, and news vendor of" his own paper, The Lupa News and wrote a wall newspaper in his native Hungary before leaving. Soros claimed that the Communist Party "encouraged" such papers.
An Article in The American Thinker reveals that: "Soros made his first billion in 1992 by shorting the British pound.
France has upheld a conviction for George Soros for felony insider trading.
Hungary has fined George Soros for "illegal market manipulation."
George Soros broke the Bank of England.
George Soros tried to collapse the economies of Russia, Malaysia and Thailand.
Now George Soros has gained political and economical control in the U.S. In 1999, the Russian economy nearly collapsed due to Soros' involvement, and then head of the House Banking Committee deemed it, "one of the greatest social robberies in human history."
According to the website Greek National Pride, "[Soros] was part of the full court press that dismantled Yugoslavia and caused trouble in Georgia, Ukraine and Myanmar [Burma]. Calling himself a philanthropist, Soros' role is to tighten the ideological stranglehold of globalization and the New World Order while promoting his own financial gain. He is without conscience; a capitalist who functions with absolute amorality."
Soros' Connection to Barack Obama What is equally disturbing is Soros' connection to President Obama. In December 2006, George Soros met with then-senator Obama to discuss his ambitions. Just a few weeks later, Obama announced his establishment of a presidential exploratory committee. He had only served 143 days in the Senate, with no leadership experience, and no governing experience.
Hours after this announcement, Soros gave Obama the maximum individual campaign donation allowed. He then told the country he supported Obama, not Hillary Clinton.
In 2008, Soros told an interviewer, "Obama has the charisma and the vision to radically reorient America in the world."
We cannot continue to allow George Soros to infiltrate and control our mainstream media and their newsroom agenda. Soros plan is to control the U.S. media in order to advance his agenda, and conquer and destroy the U.S. Please Fax Congress now and stop this man from ruining our country like he's ruined so many others.
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dothedd
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Post by dothedd on Aug 16, 2012 8:38:06 GMT -5
Billionaires Soros, Paulson Bet Big on Gold By Lyneka Little Lyneka Little • Posts By Lyneka Little | ABC News Blogs – 3 hours ago Once again John Paulson is choosing to heavily invest in gold and fellow billionaire George Soros is making a similar bet. According to Bloomberg News, Paulson & Co. and Soros Fund Management bumped up exposure to SPDR Gold Trust to 21.8 million shares and 884,000 shares, respectively. Paulson & Co. now has 44 percent of its $24 billion fund exposed to bullion. On Wednesday, according to Reuters, gold began to rebound after two straight losing days with spot gold climbing to $1,604.35 an ounce, up 0.4 percent. According to CNBC, in the previous four months gold has had a difficult time moving beyond a $1,525 and $1,680 range. Known for making big bets, between 2007 and early 2009, Paulson invested heavily in the housing market garnering $20 billion in profits, according to the Wall Street Journal. A spokesperson for Paulson & Co. did not return our request for comment. Soros Fund Management did not return our request for comment. The decision by Soros is an interesting one. In 2010, Soros called gold "the ultimate bubble" during an appearance on Reuters television. "It may be going higher but it's certainly not safe and it's not going to last forever," he stated. And, some portfolio managers aren't so sure gold is a smart bet in 2012. "I'm not sure gold as an outsized bet is the place to be right now unless you believe in hedging against greater unrest or a deepening credit crisis in Europe, " said Kevin Starkey, a partner at Capstone Investment Financial Group. " We currently believe that 3 to 5 percent of gold exposure is the right exposure for most of our clients. We are big believers in gold as defensive play. To make it an offensive play, or make a big bet on gold, means [Paulson] sees something we do not see," Starkey added. Peter Sorrentino, a senior portfolio manager at Huntington Funds, which manages more than $13 billion in assets, said consumers should not rush out and buy gold. "Historically these moves span roughly a decade and while the last phase is typically the most explosive, the risk is getting out before it rolls over. For individual investors buying physical gold involves paying sales tax both in and out as well as considerations for storage, insurance, transportation and assay fees. These can be considerable expenses," Sorrentino said in statement to ABC News. Sorrentino said gold has been in a "consolidation phase since the end of February and has traditionally moved higher after such periods." He continued, "the fundamentals behind gold such as available supply coming to market and end demand have not changed in any material way. In fact, gold purchase by central banks in the pacific rim, India and Russia have reached new highs. So from an investor psychology and supply/demand perspective, this looks like every cycle before it during the last decade." "The big question is whether or not this time it's different. Every commodity-driven cycle ultimately comes to an end, and ten years is generally the average duration for these market moves," said Sorrentino. But, despite big bets by two of the nation's billionaires, he continued, "…There is an old saying among Wall Street trader; 'It's said with a whisper and not with a shout, when the widows and orphans get in, it's time to get out.'" Gold exchange-traded fund holdings topped 77.7 million troy ounces this week to another record high. ETFs are investment funds traded on stock exchanges , much like stocks. Many of them have low management costs and there is not the need to take physical possession of the gold.
RELATED: Soros, 82, Engaged to Tamiko Boltongma.yahoo.com/blogs/abc-blogs/billionaires-soros-paulson-bet-big-gold-100033813--abc-news-savings-and-investment.html
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dothedd
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Post by dothedd on Sept 2, 2012 13:27:03 GMT -5
Soros Hires GOP Stalkers (Caught Todd Akin) From the Washington Times: Outspent on ads, Dems pay ‘trackers’ to tail candidates for dirt By Luke Rosiak | Tues August 28, 2012 A George Soros-funded super PAC is vowing to send operatives to stake out Republican campaigns to hunt for and to record any gaffes or controversial statements the candidates may make. On Tuesday, American Bridge sent a fundraising plea to supporters asking for money to pay for “trackers,” a term for political operatives who sometimes tail opponents. The organization, which includes both a super PAC that discloses its donors and a nonprofit group that does not, bragged in its fundraising letter about its flagging the clip of Rep. W. Todd Akin, Missouri Republican, making comments about “legitimate rape” that led top Republicans to call for his exit from that state’s U.S. Senate race. “When our trackers caught Rep. Todd Akin in an interview talking about ‘legitimate rape,’ his invitation to the Republican Convention in Tampa was revoked,” Rodell Mollineau, president of American Bridge, says in the letter.
So now we know how this off the cuff exchange in an interview with a local news station made the national news. It was a George Soros operation. The same champion of women who is famous for shafting his mistresses. He also cited a news report saying that Republicans were hiding from its footage-seekers at the Tampa convention now under way. “Lobbyists fear political trackers fielded by groups such as the American Bridge, a Democratic opposition research organization, might catch camera footage of Republicans flirting with corporate America,” he said.
How can you flirt with a non-person. “The more lights we turn on, the more Republicans and their cronies will scatter. And the more they try and hide, the harder we’ll work to uncover the truth. … Help us keep the pressure on ¬— give $25 or more to help us hold Republicans accountable,” the email says… Most states have ‘stalking laws.’ But apparently they don’t cover anyone who is foolish enough to run for public office as a Republican. But hiring stalkers is nothing new for George Soros. As we noted back in 2007, Mr. Soros hired stalkers to harass Republican Congressmen 24/7 over their August vacation, in an effort to force them to vote to end funding for our troops fighting in Iraq. And, of course, he helps fund Media Matters. Related Articles: • Flashback: Dems Spent $1.5M To Help Akin • Pressure On Akin To Step Aside By 5pm Today • Soros To Pour $100M Into Democrat Fronts • Soros Profits From Corzine’s MFG Bankruptcy • Obama And Soros Invested In LightSquared
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dothedd
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Post by dothedd on Oct 30, 2012 23:30:09 GMT -5
Wednesday, April 18, 2012OBAMA STIMULUS DOLLARS FUNDED SOROS EMPIRE This is thoroughly documented and hard hitting real journalism. In an honest government this would result in investigations, arrests and impeachment hearings. But in today's Amerika, where no one even seems to even notice that the Emperor Obama has no clothes, business as usual includes the overthrow of the United States of America, the greatest transfer of wealth and the greatest fraud ever perpetrated on any nation in modern times- all while the citizenry sleeps and the Communists, the Progressives, the Marxists and their merry band of followers...fully implement their truly diabolical plots and schemes. -W.E. SorosFiles
Recently released tax documents reveal how billionaire “philanthropist” George Soros expanded his U.S.-based empire by using funds from the American Recovery and Reinvestment Act of 2009, also known as the Obama stimulus. CONTINUED: www.infiltratednation.com/2012/04/obama-stimulus-dollars-funded-soros.html
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