george-soros

Ben Plans, Commodities Soar

Welcome to the Wealth Daily Weekend Edition— our insights from the week in investing and links to our most-read Wealth Daily and sister publication articles. Don’t look now, but the Fed has just driven the magic bus right off of the cliff. Nowhere to run, nowhere to hide, it’s break on through to the other side. With nearly $1 trillion in new money now set to roll off the printing presses, the Fed has finalized its course. Inflation is the destination. It does so with a giant magical checkbook that creates money out of nothing. And as we know, since the 70s, it is one that is no longer tied to gold. It’s what the gold bugs mean when they denounce the dollar as being nothing more than “fiat money.” That is, it’s backed up only by the “full faith and credit of the U.S. Government.” That’s why commodity prices have been going nuts as of late, as investors place their bets against all of Big Ben’s phony new greenbacks. For instance, did you know that copper has surged 28% on stronger demand and a weaker U.S. dollar? Or that cotton and gold traded recently at all-time highs for the same reasons? They have— and along with everything else, including oil, commodities are likely headed much higher from here… In fact the dollar’s weakness, inflationary pressures, and stronger emerging-market demand, all mean that commodities are going to be very bullish over the next 12 to 18 months. Advertisement The Options Guide Your Broker Doesn’t Want You to See… Most people think profiting from options requires years of investment experience or a seasoned stock broker. That’s why people are losing thousands of dollars everyday. Our in-house options expert Ian…

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George Soros’ $32.6 million Junior Platinum Stock Investment

Speculators who bought platinum just 24 months ago have already seen investment profits up to 124%. Similar metals, like palladium , have returned even bigger investment gains up to 286%. Driving these profits, phenomenal demand from the recovering global automobile industry has conquered the attention of investors. The potential for platinum and palladium has even allured some of the biggest names in investing— including George Soros, who just upped his stake in a junior platinum and palladium stock by nearly 1,000%. Here’s the whole story… Advertisement The Next Gold Mining Breakthrough This tiny gold company is about to rewrite the book on mining exploration… And they’re doing it just in time to catch the biggest gold bull market in a generation. Make over 10,800% as this Nevada mining company breaks all the rules… and all the records. Learn more here. George Soros just bought this junior platinum stock Billionaire investor George Soros abruptly raised his stake on Monday in Platinum Group Metals Ltd. (AMEX: PLG and TSX: PTM ) , a Vancouver-based junior mineral development firm. In a filing with the SEC, Soros Fund Management increased its holdings in Platinum Group Metals from 1.5 million shares in early October to a 15.5 million share position in the company this week — a whopping 933% increase. The Soros Fund now owns 9.73% interest in Platinum Group Metals. The fund’s position is currently worth $32.6 million. Platinum Group Metals Ltd. Company: Platinum Group Metals Ltd. Corporate Presentation Exchange: NYSE and TSX Symbol: PLG and PTM Share Price: $2.10 Shares Outstanding: 159.3 million Market Cap: $334 million Fully Diluted: 172.5 million Website: www.platinumgroupmetals.net Platinum Group Metals controls a significant land position in the Bushveld Igneous Complex of South Africa, which hosts 80% of the world’s platinum and palladium production. The company is focused on moving its high-grade, near-surface Western Bushveld Joint Venture platinum/palladium deposit into production. The Western Bushveld Joint Venture is a unique project, and likely to be one of the last large-scale near-surface developments on the high-grade Bushveld Complex. In Platinum Group Metals’ Western Bushveld Complex, two projects contain nearly 15 million ounces of platinum group metal reserves and resources. These mineral resources are primarily platinum (64%) and palladium (26%), but also include rhodium (7%) and gold (3%). Advertisement Most Important 500 Square Miles on Earth Becomes Private Property It was a stretch of barren landscape just a couple hundred miles away from the North Pole… But locked within it sat a 50-year supply of the most important class of industrial metals known to man. Earlier this year— for the first time ever — a single company took hold of this land… And altered the course of the world’s high-tech market forever. Learn more here. A feasibility study has been completed for the Western Bushveld Joint Venture projects. The study showed it would cost approximately $443 million and take two years to construct a mine, and another …

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White House Media Whores Caught In Rand Paul “Stomping” Cover-Up

Filed in Bank Gold, george-soros, gld, Gold, Gold Spot Market, obama, ubs by on October 26, 2010 0 Comments

Media Matters and Think Progress – owned by group committed to “promoting the policies of Barack Obama,” completely fail to mention that Rand Paul supporter was also victim of assault Paul Joseph Watson Prison Planet.com Tuesday, October 26, 2010 The establishment media and the George Soros-funded White House press whores Media Matters and Think Progress are raging about how a Rand Paul supporter stomped on a female MoveOn activist following last night’s Paul-Conway debate in Lexington, while covering up the fact that a female Rand Paul activist was also the victim of a stomping metered out by a Conway supporter just moments before. An Associated Press video of the incident seems to go to great lengths to slow down the stomping in order to increase shock value, while conveniently failing to capture on film an almost identical incident moments before where a female Rand Paul supporter had her bandaged foot sliced open by a Conway fan who stomped her in a similar fashion. Lauren Valle, a liberal MoveOn activist, attempted to create a confrontation by moving towards Paul after the debate, only to be restrained by Rand Paul fans. The video shows one of them push his foot down on the woman’s upper back in a stomping motion. Other Rand Paul activists try to discourage the man from hurting the woman. The Rand Paul supporter who assaulted the woman is clearly a thug and should be criminally charged, but the establishment media and the George…

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George Soros warns China of global ‘currency war’

Filed in Bank Gold, economy, george-soros, gld, Gold, lead by on October 9, 2010 0 Comments

http://www.telegraph.co.uk/finance/currency/8052729/George-Soros-warns… George Soros has warned that a global “currency war” pitting China versus the rest of the world could lead to the collapse of the world economy.

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Allied Nevada (NYSE:ANV) Sells 5,000 Shares of Company

The president and CEO of Allied Nevada Gold Corp. (NYSE:ANV), Scott Andrew, sold 5,00 shares he held in the company for an average price of $26.21. He sold the shares on September 15, 2010.Interestingly, institutional investors have been plowing investment into the gold miner, increasing the amount of shares owned from 69,878,861 shares to 83,606,659 shares over the last three months. That’s just

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George Soros Clueless on Gold and "Ultimate Bubble"

George Soros seems to be clueless on gold and his obsession with it being the “ultimate bubble.”Soros doesn’t seem to understand the reason there’s support under gold and why that will continue for a long time.He said to Reuters, “I called gold the ultimate bubble which means it may go higher but it’s certainly not safe and it’s not going to last forever,” although reluctantly admitting it’s the

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Time to Invest in NovaGold (AMEX:NG)?

Novagold (AMEX:NG) has a lot going for it from several angles, including the undeveloped resources they own, partners, and major investors. As far as resources go, especially gold and copper, they hold some of the largest undeveloped deposits among miners. They also enjoy deposits of numerous other metals like silver and zinc. Expectations are the cost to develop the assets will be about $4

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NovaGold’s (AMEX:NG) Donlin Creek Getting More Expensive?

Now that NovaGold (AMEX:NG) losses have mounted over the last quarter, they are getting more aggressive in pursuing capital to work on their Donlin Creek project, which is by far their most important mine. They are in a 50/50 partnership with mining giant Barrick Gold Corp. (NYSE:ABX) in the project. Either the costs at the project are increasing, or NovaGold is pushing harder to get it going,

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Soros: Euro Is a ‘Patently Flawed Construct’

Filed in Debt, euro, george-soros, New Gold, South African Gold by on July 2, 2010 0 Comments
Soros: Euro Is a ‘Patently Flawed Construct’

Filed under: Market Matters , Politics , Financial Crisis , Currency Without giving much detail, George Soros says “The euro is a patently flawed construct .” Let’s elaborate on this point. The greatest flaw in the euro is that it’s a currency without a country. Instead you have a group of 16 countries that have agreed to use the euro as legal tender. This means that 16 separate political systems have agreed in principle to follow the rules of engagement, to use a military term. Those rules state that each country must keep its debt level to 3% of GDP. Continue reading Soros: Euro Is a ‘Patently Flawed Construct’ Soros: Euro Is a ‘Patently Flawed Construct’ originally appeared on BloggingStocks on Fri, 02 Jul 2010 12:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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The Wants and Fears of George Soros

Filed in economy, george-soros, Gold, Gold Investing by on June 27, 2010 0 Comments

George Soros has demonstrated to the world that he has one of the brightest financial minds of our era. He articulated a framework that he dubbed “reflexivity,” which inconveniently argued that forces in the financial system could periodically become unstable rather than always tending towards equilibrium. His famous winning bets such as against the British The Wants and Fears of George Soros originally appeared in the Daily Reckoning . The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today’s markets. Its been called “the most entertaining read of the day.”

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NovaGold Resources (NYSE:NG) Soars on Gold Prices

Although well off its 52-week high of $9.18, NovaGold Resources (NYSE:NG) was among the gold mining leaders on Friday, surging to close at $7.36, a $0.45 gain, or 6.51 percent. NovaGold attained its high at the beginning of May. Hedge fund managers John Paulson and George Soros have both expressed deep interest in the company, investing at least $175 million combined in the gold mining company,

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George Soros Says Financial Crisis Entering Act Two

George Soros Says Financial Crisis Entering Act Two

Filed under: International Markets , Forecasts , Market Matters , Personal Finance , Financial Crisis George Soros plays the bear much more often than the bull. In a dramatic statement at a conference in Vienna, he said: ” We have just entered Act II” of the crisis Again in dramatic fashion he states: “”The collapse of the financial system as we know it is real and the crisis is far from over.” “Indeed we’ve just entered Act II of the drama.” What does Soros see that makes him so bearish? For one thing he believes that the financial crisis in Europe will worsen and attempts to cut budget deficits will push the global economy back into a recession. Continue reading George Soros Says Financial Crisis Entering Act Two George Soros Says Financial Crisis Entering Act Two originally appeared on BloggingStocks on Fri, 11 Jun 2010 17:30:00 EST. Please see our terms for use of feeds . Read | Permalink | Email this | Comments

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