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

Report: 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.

While often lambasted for his calls to centralize global banking, increase government intervention in the economy and his support of what he has called an “emergence of the new world order,” if there’s anyone with an inside track of where things are headed next it’s Soros.

Soros, who has written extensively of a coming global paradigm shift in his book The Crash of 2008 and What It Means, calling the current economic and political model ”an end of an era,” has recently suggested that the financial and economic situation across the world is so serious that Europe could soon descend into chaos and conflict. He also notes that the world is entering “one of the most dangerous periods in modern history”, and foresees violent riots in America and a brutal clamp-down by the government that will dramatically curtail civil liberties.

This is an individual who not only predicted the collapse of 2008 and took action to insulate himself, he also proposed the various fixes that governments in Europe and the US would eventually implement in order to stave off a deflationary depression. In his aforementioned book he suggested that central banks infuse the system with massive amounts of monetary expansion, but also warned that not injecting enough money would simply extend the onset of deflation and printing too much could lead to hyperinflationary currency collapse.

Based on recent activity in Soros’ US held accounts, it seems that governments and central banks have failed at those efforts to stabilize the system. As such, Soros is getting out of those companies which are most at risk should the financial system buckle like it did in 2008 and he’s shifting his assets into what may be the only asset class left standing when it’s all said and done.

In a nutshell, I know that this regime will check their real polls that will give them the REAL indication of their chances to win. If their chances are not considered VERY GOOD, say, close to a double-digit victory, violence will erupt across the nation...invoke martial law and postpone the elections indefinitely.

That said, only the one who’s running the country, Soros through Jarrett, knows for sure what’s coming and MUST be prepared for it. He did that before and he’s doing it again:

“Europe is confronting a descent into chaos and conflict. In America, he predicts riots on the streets that will lead to a brutal clampdown that will dramatically curtail civil liberties. The global economic system could even collapse altogether.”

Here’s the red URL in the article from which the above quote is copied:

http://www.shtfplan.com/george-soros/soros-warns-of-violent-riots-in-america-financial-collapse-government-clampdown-survival-is-the-most-important-thing_01242012

I, for one, believe that the entire communist regime’s economic weekly and monthly data are false or messaged. I also see that the charts are close enough to a double top. Even in a healthy market, a correction is due; however, the threat of unrest in Europe, the US and a blow-up in the Middle East, it’s an ominous geopolitical situation indeed that could be the perfect storm.

As of last Friday, I have a full short position and I’ll keep it even if the faux 0b0z0 market goes up. The Dow has to close over 14,000 to squeeze me out. All of a sudden, many in the know will be running to the exits and others will be holding the bag.

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