Posted on 08/17/2014 3:17:08 PM PDT by mgist
Billionaire investor George Soros increased his bet against the US stock market by more than 600pc in the second quarter, regulatory filings show.
The man dubbed "the man who broke the Bank of England" for his $10bn bet against sterling in the 1990s, has now taken out a $2.2bn bet that the S&P 500 will fall, according to a filing with the Securities and Exchange Commission.
(Excerpt) Read more at telegraph.co.uk ...
Soros reportedly played a part in undermining banks and currencies during the Asian financial crisis of 1997.
I guess Soros has placed his order with the White House for more cities to have race riots.
He doesn’t just bet against, he actively undermines through the buying of morally bankrupt stooges to do his dirty work. Soros has been doing satan’s work since WWII.
Break Soros then take down his inner circle.
It's like he has a $5 bet that the market will go up, versus a $1 bet it will go down.
BFD.
I thought they were going to artificially keep the stock market up until an ( R) gets elected president. I supose crashing it when an (R) senate gets elected works too, but I thought the (R) president was more effective because you can cast singular blame like the “Bush Recession” which started before he even won the primary
But a put option on an index is a very different animal from a long position in actual stocks. The put provides tremendous leverage, but for a limited time before it expires worthless.
Soros is probably holding a mixture of durations and strike prices. Some of them may be ‘in the money’. But if the market keeps going up, or stays even, he will lose more on the puts than he gains on the stock.
He is also considered an economic terrorist by the government of Malaysia.
And he was a traitor to the Jewish people in WWII. Some say he was only 13. There were other 13 year olds in the war that weren’t traitors.
It certainly won’t break my heart when we hear this evil scum is pushing up daises.
I know. But if he were planning some catastrophic event to tank our markets, he'd be selling his stocks, not keeping 5/6ths of his fund betting to the upside.
Sadly, I believe he has TWO evil spawn who will take his place...
Sort of like Saddam Hussein...
I agree, except but behind Soros is Rockefeller.
As far as I’m concerned, Obama did us a favor. He ended the illusion,,at least for me. The media is controlled and we are not free. If they can install an empty suit like Obama, they can install anyone, anywhere.
The media omits the fact that Soros is a convicted felon in EU. He was also involved in undermining banks and currencies during the Asian financial crisis of 1997. He installs governments with NGO’s in EVERY part of the world, most of which are currently troubled. These benefactors of Soros “Open Society” charitable efforts become major drug trafficking and money laundering narco states. Soros’ banks in Colombia were well known in the 1980’s.
Soros’ OSIWA Open Society “Initiatives” for West Africa alone are in 10 countries (Benin, Cote d’Ivoire, Ghana, Guinea, Liberia, Mali, Niger, Nigeria, Senegal, and Sierra Leone). All happen to be major drug trafficking nations, which have mysteriously succumbed to an Ebola epidemic. If Ebola was personified, it would Soros. He knows how to profit from the misery of others. The Rockefeller and Rothschild establishment obviously appreciate the money laundered in their banks, and the elimination of what they consider inferior populations, via war and drugs. Rockefeller has been very clear about his disdain for the growing population. They were behind Planned Parenthood, Margaret Sanger, and the Planned “elimination of inferior races”.
They have blood on their hands and God will take of them. Everyone else take care of your families. Nothing is what it seems.
Sadly, I believe he has TWO evil spawn who will take his place...
I am not worried about soros or his children.
It hurts other posters' self-esteem.
Bookmark
Soros is simply undertaking a partial hedge of his position. As you note, the hedge will only last until roughly the expiration date of the options, at which point (or before) he will undoubtedly adjust his position again.
Keep in mind also that we are only being afforded a look at ONE of his numerous portfolios. I will continue to ignore this current Soros "story"; until and unless we somehow learn a lot more about Soros' FULL set of machinations, any trading activity whatever that is taken on the basis of this current "revelation" is nothing other than gambling, certainly not investing.
It's very disturbing to see the claptrap that is posted here about stocks, and Soros, and ESPECIALLY options.
It's because they're evil!
The idiots in the media have demonised the very word "derivative" without understanding for a moment that it is not derivatives that are "evil", but rather abuse of leverage...which abuse (on a serious basis) began in the late 1980s and continues to this day. By objective measure, this abuse has almost surely gotten worse over time, as banks et al. attempt feverishly to recoup their losses from 2000-2002 and 2007-2009.
Just call me Sgt. Schadenfreude, eh?
;^)
With all that money he could undoubtedly help those nations where the people are sick with Ebola.
Let’s send him over so he can deliver a cure.
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