[RealJustme]

Soros increased his short position today on the Standard & Poor’s 500 by 605%, he moved his money and bought 9.69 million new shares of SPDR S&P 500 ETF Trust hours ahead of Obama's speech tonight.

Soros groomed and put Obama into office as part of his investment strategy, to Soros it's all a board game for him. He knew Obama would inflate the market, write bad checks, print more money and destroy our economy with his agenda with absolutely no regard for America's future. Soros nailed it and now he's preparing to make billions when the market crashes, when it does he turn to his friends and say "what's the next game?"

[RealJustme]

Got Gold? Soros also shifted billions today into several gold positions.

[Clownkicker]

Tool, if Soros BOUGHT 9.69 million new shares of SPDR S&P 500 ETF as you say, then he hasn't "increased his short position" you idiot.

He's increased his long position, betting the market will go up.
If the market goes down, Soros will now lose millions, not "make billions when the market crashes".

Ask johnforbes for a reach around market-basics massage to get you up...........to speed so you don't panic out of gross ignorance.

[elklindo69]

Soros is not shorting shares he opened up a put position. So his intentions are not known.

BTW...Soros recently sold off a whole bunch of GLD

[RealJustme]

Tool, if Soros BOUGHT 9.69 million new shares of SPDR S&P 500 ETF as you say, then he hasn't "increased his short position" you idiot.

He's increased his long position, betting the market will go up.

:roll: Clown, you're out of your element in this discussion, you no not of what you speak.

[RealJustme]

Soros is not shorting shares he opened up a put position. So his intentions are not known.

BTW...Soros recently sold off a whole bunch of GLD

Elk you should know by now when I dangle bait...don't bite.

Reuters) - Hedge fund Paulson & Co maintained its stake in the world's biggest gold-backed exchange-traded fund, SPDR Gold Trust, in the second quarter, while Soros Fund Management LLC sharply boosted his investment in gold mining stocks.

Legendary investor George Soros nearly doubled his ownership in a U.S. gold mining companies ETF and initiated new stakes in other gold producers, suggesting the big names in hedge funds continued to have confidence in the yellow metal.

Investors pay close attention to the quarterly filings by notable fund managers because they provide the best insight into whether the so-called smart money has changed its sentiment toward gold as a hedge against inflation and economic uncertainty.

[Clownkicker]

Yes, I should have known you would lie with your opening quotation, Tool.

Here is what it actually says:
"The 9.69 million new shares of SPDR S&P 500 ETF Trust (NYSE Arca: SPY) put options gave Soros a total of 11.29 million shares and made it the biggest holding in his portfolio."

But you didn't say that, did you? You altered the quotation, as always.
That's why I said, "Tool, if Soros BOUGHT 9.69 million new shares of SPDR S&P 500 ETF as you say, then he hasn't "increased his short position" you idiot."

You lie and then tell me I'm out of my element?
Yes, you're right, talking to chronic liars is out of my element.

[Clownkicker]

And like elklindo said, put options are not a "short position".

A short position is selling stock you don't own.

You're out of your element in your own thread, Tool.

[johnforbes]

I've never paid attention to Soros' background as an investor.

How did he make his money, currency arbitrage?

For myself, I don't make any serious effort to time the market. However, if it becomes glaringly obvious that the market is out of whack in some way, I'll try to exploit that.

For example, I didn't react at all in 1987 and the market bounced back. In the 2000 tech crash, I did lose money in the spring for being somewhat too optimistic about the future of PCs and cell phones (or, rather, the valuation of stocks in those areas).

By January of 2009, with the market in ruins, I began rebalancing toward reestablishing my original equity stake, which had the effect of buying more stock, which had the effect of more than doubling my net worth from early 2009 to today.

[Clownkicker]

^^^^^See, RealTool?

In 2009 when Obama became President, johnforbes realized the market would go up under his presidency.
Obama has doubled johnny's net worth.

Yup, worst President ever, huh? :lol:

[RealJustme]

By January of 2009, with the market in ruins

mmmm what was happening in 2008 that would make the market go down?

Hint- By Sep 2008 it was apparent we were about to elect a socialist as President. On November 4, 2008, Obama was sworn in. Many of us got into gold and shifted our investments knowing what going to happen. Gold prices have risen more than 100 percent since 2008.

http://www.bls.gov/opub/ted/2013/ted_20130305.htm" onclick="window.open(this.href);return false;

[johnforbes]

Obama has ruined American greatness, but certainly hasn't done anything for my net worth.

To be fair to Clownhicker's financial success, he does own one of the very best cardboard boxes any bum ever lived in.

[RealJustme]

For the first time history America's credit rating dropped and Americans are making less than they did 6 years ago, all under Obama. Only the elite super rich are doing better under Obama and those of us who knew what was coming and invested appropriately. Even Obama's Department of Labor says Americans on average are earning less than they did in 2008 in the mean time things cost more and debts have grown...thank you Obama.

[sillydaddy]

Economy indicator........Stopped by a garage sale last week and saw an Obama Commemorative Plate selling for $2.00.

[Intrepid]

They had to sell it Sillydaddy. The dog would no longer eat his dinner from it.

[johnforbes]

As the old country lyrics went:

"On the grass and on the sidewalk,
Well, there must be half the town.
Ain't it funny how a broken heart
Can bring the prices down?

Oh, they're sortin' through
What's left of you and me.
They're paying yard sale prices
For each golden memory."

[elklindo69]

Obama has ruined American greatness, but certainly hasn't done anything for my net worth.

To be fair to Clownhicker's financial success, he does own one of the very best cardboard boxes any bum ever lived in.

So you were invested in cash over the past 6 years!!!

:o

[elklindo69]

By January of 2009, with the market in ruins

mmmm what was happening in 2008 that would make the market go down?

Hint- By Sep 2008 it was apparent we were about to elect a socialist as President. On November 4, 2008, Obama was sworn in. Many of us got into gold and shifted our investments knowing what going to happen. Gold prices have risen more than 100 percent since 2008.

http://www.bls.gov/opub/ted/2013/ted_20130305.htm" onclick="window.open(this.href);return false;

S&P 500 has outperformed GLD ever since Obama got elected. And from what I remember, gold started going up when Bush became president not Obama???

Only tools invest in gold. So you dig up earth, extract gold, put it in a vault, and pay people to watch over it. That's stupid.

[RealJustme]

Only tools invest in gold. So you dig up earth, extract gold, put it in a vault, and pay people to watch over it. That's stupid.

Yeah, ink on paper is much more solid than gold. :roll: Gold has been the foundation of wealth as a monetary basis for as long as man has walked the earth.

[elklindo69]

Only tools invest in gold. So you dig up earth, extract gold, put it in a vault, and pay people to watch over it. That's stupid.

Yeah, ink on paper is much more solid than gold. :roll: Gold has been the foundation of wealth as a monetary basis for as long as man has walked the earth.

Are they now using gold as currency???

:lol:

[RealJustme]

Are they now using gold as currency???

Actually I use boolean algebra in most of my transactions in other cases it's a piece of plastic that has a strip of magnetic material that stores digital data on my accounts. My gold makes those transactions possible.

[johnforbes]

Elkin, are you 8 years old?

Your moronic posting suggests Obama caused the stock market rise of the past 5 years.

Jesus, how dumb are you?

[Malcolm]

When George Soros is not donating millions to the North American Man Boy Love Association (NAMBLA), his money movements have been predictive of an impending economic collapse. This has made him the most watched bankster in the world. If you have any money in a domestic American bank, you would be wise to read this article and act accordingly.

This article is the first of a two part series which is designed to help as many people, as possible, to have as soft of a landing as possible from the devastating effects of an economic collapse that may be right around the corner.

George Soros Is the Enemy of the American People and Traditional American Values

Judge a man by what he does, not by what he says. Through his actions, George Soros is telling the American people to take their money out of the bank before it is too late!.........

I didn't know zoros was a pee-pee puffer.....

ohhh! huhhh!

[johnforbes]

I respect the fact that Elkin's net worth has one comma in it.

The typical slack-jawed juvenile like Elkin has not had the discipline to assemble $1,000 in savings, as Elkin has.

We all respect Elkin's investment style, which is to invest in a money market fund in this environment and earn a princely 0.00 percent rate.

[RealJustme]

Elk bought stock in ice because his "scientists" told him ice would be very rare in 2014. How did that investment go Elk?

[elklindo69]

Elkin, are you 8 years old?

Your moronic posting suggests Obama caused the stock market rise of the past 5 years.

Jesus, how dumb are you?

My posting suggests?

You put words in mouth then break them down.

What kind of amateurish straw man argument is that???

:lol:

[johnforbes]

Elkin, are you 8 years old?

Your moronic posting suggests Obama caused the stock market rise of the past 5 years.

Jesus, how dumb are you?

Wait, the answer is obvious -- very dumb.

[elklindo69]

I respect the fact that Elkin's net worth has one comma in it.

The typical slack-jawed juvenile like Elkin has not had the discipline to assemble $1,000 in savings, as Elkin has.

We all respect Elkin's investment style, which is to invest in a money market fund in this environment and earn a princely 0.00 percent rate.

I don't give a rats ass, as to your net worth!

Or whatever you invest in.

Grow up and get a life already

:lol:

[johnforbes]

Elkin, when I need advice from a punk such as yourself, I'll surely let you know.