Free Republic

George Soros Loses Appeal Over SocGen Insider Trading Conviction George Soros, the billionaire investor, has failed in his latest effort to have a 2002 conviction for insider trading in Societe Generale shares thrown out. George Soros was fined the €2.2m (£1.9m) he had made from trading in the French bank's shares Photo: Reuters By Jonathan Sibun 06 Oct 2011 The European Court of Human Rights has ruled against Mr Soros in the latest blow to the investor in his nine-year battle to have the conviction overturned. Mr Soros was found guilty of trading on insider information in the French bank...

The announcement by the United Nations this week that it will license the minting of silver and gold bullion coins bearing the UN logo may be the button that launches metal prices into orbit. In its wide-ranging report this fall, the UN Conference on Trade and Development (UNCTAD) stated that the system of currencies and international banking practices within today’s economies were inadequate, and responsible for the present economic crisis. The report advocates that the present monetary system, wherein the dollar acts as the global reserve currency be re-examined “with urgency”. The UNCTAD Report was the first time a major...

Gold prices rose Monday, hitting fresh 24-year highs as investor interest in the yellow metal booms. On the New York Mercantile Exchange, spot gold was up $7.70 at $527 an ounce in morning trading. In European trading, spot gold rose as high as $541.30 an ounce. Spot gold is trading at levels not seen since 1981. Traders said the contract is testing resistance at $541.80 and $543.20, and that resistance would likely be a short-term top followed by a dip to $523.10 and $531.00. Long-term charts say that if the contract breaks through $543.20, however, it would be going for...

MEET THE NEW BOSS OF THE DEM PARTY: $ORO$ Former CFR Advocate Now Largest Player In Effort To Defeat Bush ___________________________________________________________________________________________________ “Asked whether he would trade his $7 billion fortune to unseat Bush, Soros opened his mouth. Then he closed it. The proposal hung in the air: Would he become poor to beat Bush? He said, ‘If someone guaranteed it.’” (Laura Blumenfeld, “Soros’s Deep Pockets Vs. Bush,” The Washington Post, 11/11/03) SOROS GAVE MILLIONS TO CAMPAIGN FINANCE REFORM ADVOCACY GROUPS Soros’ Open Society Institute Has Contributed Over $6.8 Million To Reform Groups Like Common Cause, Public Campaign And Democracy...