George Soros’s hedge fund Soros Fund Management sold its stake in a widely used gold exchange-traded fund in the third quarter, according to a regulatory filing out Monday.
The fund reported no stake in the SPDR Gold Trust GLD, +0.58% in the period ended Sept. 30. That’s after disclosing a position worth $30.4 million in a second-quarter filing.
The storied billionaire investor had attracted attention during the second quarter for being generally bearish on world markets — and scooping up safety-play gold.
Soros got into gold when he thought Hillary was getting elected, economies would collapse, currencies would become worthless, and only gold would be redeemable after the storm had passed.
What this means is one of the smarter financial minds thinks Trump may just turn everything around, and create an economic boom. The next item on his agenda is to turn his underground vault into a funky nightclub.
I still love that he was knowingly trying to elect the architect of an Apocalypse that could have triggered a major World War and killed millions. It is not surprising given his Nazi past, but it still shocks to see it confirmed. It also tells you what he is doing with his Muslim migrant strategy. He is trying to destroy the world, to enrich his own investments.
It also tells you what side Trump is on, and that all of the evil within the cabal know it.
Never underestimate how evil the intelligent rabbits at the top are, or how evil the ends they are working toward are.
[…] Soros Is Getting Out Of Gold […]
If there was ever a guy that rated a polonium enema from the FSB, it is Soros. He tried to break the US economy like he broke the Bank of England.
Much easier to rule over a broken, war-torn populace that cares more about a loaf of bread than morals or ethics.
you could be stealing taglines from Scott Adams.
Do you think those ultra-rich guys are rabbits? I think they may be only psycopaths using the rabbits for their own agendas.
Yeah, but the problem with this theory is that Clinton was sitting at 80+% chance to win, on the various poll watching websites like 538, on September 30.
He dumped gold thinking Hillary would get elected.
Which makes sense. The Fed would continue to prop up Clinton with low interest rates forever, but is expected to Sandbag Trump with a rate hike induced recession at some point.
Not necessarily. He could be selling the gold now to encourage the price to go down. Then buy it back right before the apocalypse hits. Remember, Trump was a friend of Epstein. Vote for him, support him, but dont be blind.
Wonder if Soros just doesn’t NEED the gold since, apparently, the Ukrainian gold stores disappeared under Hillary’s reign? Packed on trucks that were driven onto a plane, and disappeared?