Posted on 02/21/2005 9:05:28 AM PST by genefromjersey
George Soros who made a multi-million dollar bet on John Kerry-after taking a "short" position on the American Dollar,was in Russia recently:smiling as he theorized Russia was helping drive down the value of the Dollar.
(Click link for details.)
When Soros smiles,be afraid. Be very afraid !!
I, too, have taken a short position on the Dollar. Our country needs to reign in the spending and debt.
I would have been more afraid if he had actually been able to purchase the White House and wage economic warfare on America from the inside.
Wouldn't be nice if the "umbrella boys" were to pay him a visit?
Short against what, Euros? Long term the US Dollar is so much stronger than the Euro, although Soros may have some inside information on efforts to keep the dollar low. The growing socialism in Europe is a weight and burden much worse than any debt we face.
When I hear them say they're short or long anything on one of the talk shows or in a newspaper article over a weekend, it may just mean they have a boatload to unload or cover first thing Monday morning!
Not to worry, he has several senators and congressmen in his pocket -- the finest that money can buy.
Then again, he probably has his own krisha by now.
They did !!!
Michael Moore spent a lot of time teaching him what every woman wants to see.
With his bank balances,I guess he can affotd to look casual !
dollar is falling big time tonite.
I don't like their politics and I am not following their advice. I am just not a spend your way to prosperity kind of guy. It has been tried before.
I also don't think a falling dollar is necessarily a bad thing. As an engineer for a global manufacturing company, we have to adjust either way.
The bottom line is anyone who thinks it is good to be so far in debt to China, Japan, Russia, Saudi, etc.. is smoking some serious sh#&. That is why for the last couple of years I have been converting some dollars into commodities (gold, silver, oil, etc...).
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