It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

George Soros sells all shares of Citigroup, Bank of America and JP Morgan

page: 1
42
<<   2  3  4 >>

log in

join
share:
+13 more 
posted on May, 22 2014 @ 01:20 AM
link   
So we have all heard of the big time money man George Soros. He has been in the headlines the past few years for seeming to know what the stock markets are going to do ahead of time, and making big profits off of it.

Well, now it seems he sees the same future we do. The collapse of the banking system. He has now sold every share of Citigroup, Bank of America, and JP Morgan that he owned. Does he have some future insight as to what is going on here? Does this maybe have something to do with the oil deal between Russia and China?

Its also worth noting that he has invested heavily in tech and gold mining. What kind of insight might he have that we dont?



WASHINGTON (INTELLIHUB) — Just over 2 decades ago banker George Soros made his most famous investment by shorting the British pound and pocketing a billion dollars in the process. Since then he has become famous for betting on stock market crashes and in some cases even rigging markets to fail for his own gain.

Just months ago, Soros made headlines by making a billion dollar stock bet against the S&P 500. At the time this was said to be a sign of trouble ahead for the US economy, as Soros has seemed to have had advance knowledge of market crashes in the past. As a result of this reputation, investors have begun to keep a close eye on his holdings.

This week investors took notice again when Soros sold his shares of three major American banks, including Bank of America, JP Morgan and Citigroup Read more at intellihub.com...


Link - intellihub.com...
edit on 22-5-2014 by andr3w68 because: (no reason given)



+3 more 
posted on May, 22 2014 @ 01:25 AM
link   
Well, I guess this is it then. The end of society as we know it. It was nice meeting you all, I live in a major city so I will probably be murdered in one of the ensuing riots or forced in a FEMA camp before morning. But really, this isn't a good sign. At all.



posted on May, 22 2014 @ 01:26 AM
link   
a reply to: andr3w68
YEOW, Andrew! Flag and Klaxon!
This to anybody with a couple of synapses left to rub together
is akin to T.Boone's sell signal back in another day. Thanks again,
and it's time to go snag another bag of beans and two rice again!



posted on May, 22 2014 @ 01:32 AM
link   

originally posted by: stevenbond
Well, I guess this is it then. The end of society as we know it. It was nice meeting you all, I live in a major city so I will probably be murdered in one of the ensuing riots or forced in a FEMA camp before morning. But really, this isn't a good sign. At all.


I have not yet begun to fright. Besides, we good ones die but once.
It's probably just as well-- my fight-or-flight mechanism/endocrine
system is pretty much used up and lethargic a couple of years ago.
Maybe the preconditioning is what they wanted so the flash doesn't
bother us too much... LOL "Hey MOM lookitda GOOMPFH".
In the unsure but certain hope, Steven .. see you on the other.



posted on May, 22 2014 @ 01:34 AM
link   
a reply to: stevenbond

I agree. This man is sneaky, and knows the right people. He has made that blatantly obvious in the past.

I think I will be making a trip to the grocery store in t-minus now. lol.



posted on May, 22 2014 @ 01:34 AM
link   
I would pay close attention to what he does, if the banks do fail again, would there be a bailout this time? Or could this be related to what Russia and China are doing, could this lead to banks failing?
edit on 22-5-2014 by LDragonFire because: (no reason given)



posted on May, 22 2014 @ 01:37 AM
link   
On top of Russia selling 26 million in US treasury bonds.
Prepare for the worst.




posted on May, 22 2014 @ 01:41 AM
link   
Now now folks, lets not panic. You all know how easy it is for many of us to exaggerate and jump over the proverbial paranoia fence into ,,,what? You said Soros? Oh well.



posted on May, 22 2014 @ 01:43 AM
link   
>>
The collapse of the banking system.
>>

Wow. Time to celebrate : )



posted on May, 22 2014 @ 02:09 AM
link   
This doesn't necessarily have to mean he is predicting these banks are going down hill. It might just be that he has realized how evil and insidious these particular 3 banks are, and has chosen not to support them any further. Or it may just be a bit of both... hard to tell really.



posted on May, 22 2014 @ 02:26 AM
link   
a reply to: ChaoticOrder

You are talking about a man who has been known to manipulate the stock market to his advantage. He is only looking out for himself here, imo.



posted on May, 22 2014 @ 02:39 AM
link   
a reply to: andr3w68

Thankyou for sharing, Star and flag. This is very interesting when viewed beside this thread, www.abovetopsecret.com... they interweave to tell a very interesting narrative of what is happening. Russia dumped 26 billion in US Treasury Bonds. I was going to drop Soro's name in there this morning.I will link your thread to that one.






posted on May, 22 2014 @ 02:39 AM
link   
I hope we don't see a false Flagg attack happen ......

Just saying.... The stock market and these events seem to go hand and hand ..



posted on May, 22 2014 @ 02:45 AM
link   
a reply to: LightningStrikesHere

Well, Atlanta did post a Craigslist add looking for crisis actors.

http://_national_report_dot_net_/atlanta-craigslist-ad-seeking-crisis-actors/



posted on May, 22 2014 @ 02:50 AM
link   

originally posted by: andr3w68
a reply to: LightningStrikesHere

Well, Atlanta did post a Craigslist add looking for crisis actors.

http://_national_report_dot_net_/atlanta-craigslist-ad-seeking-crisis-actors/



Oh wonderfull.... *rolls eyes*

Lets see how this pans out ..


Shooting anyone?



posted on May, 22 2014 @ 02:58 AM
link   
a reply to: LightningStrikesHere

Well, only time shall tell. I sincerely hope they don't try something, but I have a bad feeling in the pit of my stomach.



posted on May, 22 2014 @ 03:05 AM
link   
a reply to: andr3w68

newswatch.us... China arrests former JP Morgan CEO. Just a coincidence?



posted on May, 22 2014 @ 03:06 AM
link   
It could mean we are in the calm before the BIG STORM, as it turns out Warren Buffet, Hank Paulson along with George Soros some of the well known billionaires are dumping millions of shares in JP, Citi and Goldman Sachs to name a few.

This generally means something huge, akin to the rich getting the life boats in the Titanic while everyone else is left holding the bag.

Everything seems to point to major market correction could be the result of looming news, possibly war, stock markets generally don't like war and when one starts the stock markets tumble in fear.

The time to sell is when everything's good and everyone believes things are looking rosy. With the main stream media helping to push a recovering economy. Great time to sell! The best time to buy and make huge profits is when there's blood on the streets, when everyone selling and in fear, that's when the sharks come in to prey on the unsuspecting and gobble up the shares at fire discounts sales. The trick is timing, no one but the insiders/elite know when the time to sell is.

Just pull up a chart of the Dow Jones for the last 5yrs it is an unstoppable bull. Going up defying logic. Yes the market is manipulated via Quantitative Easing. Artificially buying up bonds to control interest rates is in fact manipulation.

This has helped distort market fundamentals and create the illusion of a recovering economy. But for those in the know, they steer clear of the Storm that's going to hit.

Logic tells us that at some point an event will occur, history will repeat itself and the market will correct. It could also mean do I dare say the dollar is at risk. Better to diversify in asset classes that preserve wealth eh'.

Nonetheless I'm in the camp of better be prepared with 6mo-1yr worth of food, water and ammo! Shame on me if I saw the writing on the wall and did nothing to prepare. Diversification is key...

p.s. What do you think would happen to your 401K's during a 2nd more prominent financial meltdown of historic proportions. How many people were wiped out, left with peanuts the last time in 2009? Most recovered but many didn't.

Hope you all have a just in case strategy! Hope nothing happens-





edit on 22-5-2014 by RobertDeniro because: spelling



posted on May, 22 2014 @ 03:09 AM
link   
Maybe Credit Suisse is about to throw them under the bus, and Soros has the insider's scoop on it.



posted on May, 22 2014 @ 03:09 AM
link   
a reply to: andr3w68
He is probably in cahoots with Obama, who is losing impetus in trying to bring down the USA, but never the less having a fair crack it at!




top topics



 
42
<<   2  3  4 >>

log in

join