Investing magnate Soros bets big on S&P collapse

[5.56NATO]

FXstreet.com (New York) - As if investors and equity holders had enough to worry about with the looming September Fed meeting, reports have just surfaced of mega-investor George Soros making a substantial put order on the S&P 500 ETF (SPY).

Investors need only read the tea leaves to surmise where his position stands, given Soros Fund Management’s vast reload of a put order for SPY units, now tallied at a staggering 1,248,643 units in the quarter. Recall that Soros’ hot hand, with renewed positions in Apple, coupled with sell offs in gold, the AUD and Netflix (NFLX), which all netted billions. As such, with nearly $1.25 billion now tied up in his latest move, observers should likely take notice.

Indeed, Soros’ fund increased its share in the SPY position from 1.28% to 4.79% in the first quarter alone, nearly tripling its overall weight – as if this was not enough, the second quarter witnessed an allocation to 13.54% in Q2.



http://www.fxstreet.com/news/forex-n...6-670761756ac8




Doesn't he support the occupy wallstreet folks? And here he is one of the biggest capitalists around. What a hypocrit.

[Penguin]

This is the man that broke the bank of england remember?

[weevil]

Doesn't he support the occupy wallstreet folks? And here he is one of the biggest capitalists around. What a hypocrit.

Oh I wish the worst thing you could say about him is that he's a hypocrite.


He is pure evil........one of the worst enemies this nation, or all of mankind for that matter, has.

[Kadmos]

Seems to me this is the exact type of person anti-trust laws were designed to guard against.

[weevil]

Seems to me this is the exact type of person anti-trust laws were designed to guard against.

It helps to have men in high places that owe you a favor, and I'm sure are willing to look the other way for a piece of the action.

http://thecaucus.blogs.nytimes.com/2...uper-pac/?_r=0

[1 Patriot-of-many]

It helps to have men in high places that owe you a favor, and I'm sure are willing to look the other way for a piece of the action.

http://thecaucus.blogs.nytimes.com/2...uper-pac/?_r=0

It really helps when you support Democrats. Why is Corzine not arrested and in jail yet? One reason. Democrats/Communists take care of their own no matter WHAT they do..

[sevlex]

Corzine will evade justice right up until when his money runs out.

[weevil]

It goes straight to the root of all evil......money.


Greedy selfish men without honor or a conscience.

[CigarGuy]

This is the man that broke the bank of england remember?

Crashed the silver market a while back with shorts too, correct?

[alismith]

He's not doing this blindly. I'm sure he's been tipped off, from the inside, as to what's coming and is making the most of it.

[weevil]

Soros doesn't just react to things that happen........he makes things happen.


He's probably had this in the works for years and has been biding his time until all the ducks are in a row.





When you have his power, influence, and wealth you don't take tips about what's gonna happen...... you give them.

[studmuffin]

Agreed. That evil fuck has a history of sabotaging the economies of several nations to enhance his personal wealth. That fucker is evil.

[LAGC]

[weevil]

Soros goes way beyond the Global Plantation theory.


At least da massa's try to provide some sort of living for their peons.


Soros is purely a raider who sweeps in loots and pillages whatever he can get then moves on to find another victim.



An economic vampire sucking the life out of one nation after another to satisfy his bloodlust for money.

[Oswald Bastable]

I believe Soros once stated his time as a young man, stripping his fellow jews of their wealth and sending them to concentration camps was one of the best times of his life.