Why did George Soros Just Sell All His US Bank Stocks and Buy Gold?

Interesting things are afoot in gold. This is just one development. That the Fed will likely allow banks to keep gold in addition to Federal Reserve notes as reserves is certainly another very interesting development. It is likely the 2 developments are related.

Soros and gold are a weird combo to watch. In 2010 Soros said that gold was looking very expensive. In fact at Davos that year he said that it was the “ultimate bubble.”

Then later that year he turned around and bought a bunch of the stuff.

30 comments
William Johnston
William Johnston

I would think he knows the dollar is virtually worthless & it's time to dump them.

William Johnston
William Johnston

I would think he knows the dollar is virtually worthless & it's time to dump them.

Jim Fitzgerald
Jim Fitzgerald

Soros has a history of market manipulation. There are alot of ways to look at this story. Look CAREFULLY.

Steven Paulin
Steven Paulin

It means the financial collapse is almost here. Arm yourselves, keep you & your family safe, hoard food & water. It's gonna get reeeaaal ugly very soon.

Janet Day
Janet Day

He knows whats going to happen...because he had such a big hand in it. Not his first time around.

Janet Day
Janet Day

He knows whats going to happen...because he had such a big hand in it. Not his first time around.

Dorotha Davis
Dorotha Davis

because he knows what he and his goons have planned , there will be NO money after they get done MURDERING AMERICA!!!

Karen Iacovelli
Karen Iacovelli

maybe his 3rd wife to be won't be able to carry gold bars.

Javier Porcell
Javier Porcell

Cause he's an evil geezer. He's trying to drive up the price of gold, creating a bubble ready to burst. He doesn't like the fact that Glenn Beck and Ron Paul encourage people to invest in gold.

Javier Porcell
Javier Porcell

Cause he's an evil geezer. He's trying to drive up the price of gold, creating a bubble ready to burst. He doesn't like the fact that Glenn Beck and Ron Paul encourage people to invest in gold.

Lois Sprague
Lois Sprague

For the very same reason he was behind the $500 billion bank run on September 11, 2008. It's not hard to know what is coming when you are instrumental in making it happen. He and his crony friends, the banksters, are going to, once again, profit off the sweat of the gullible and willfully ignorant masses.

Chad Perry
Chad Perry

Rare Earth Elements...Who's mining it, who brokers it, we know who is competing for it...

Chris Dublynn
Chris Dublynn

um. gold is good? youre a foooooool if u dont invest in gold silver platinum and all other metals .. we best be doing the same because u know the collapse of the dollar is among us if we dont vote correctly or confront these bankers in letting them know we know what theyve been doing and we dont approve

Robert W Koenig
Robert W Koenig

Because the Dollar is going to collapse sometime in October. That is why the DHS is buying up so much ammo. If they kill you then you won't need any government hand outs.

Robert W Koenig
Robert W Koenig

Because the Dollar is going to collapse sometime in October. That is why the DHS is buying up so much ammo. If they kill you then you won't need any government hand outs.

James Lee White
James Lee White

Is it just me or does any one else see a problem with a man who is endorsed by the Communist Party is running for President for a SECOND TERM ? ? REALLY ! !

Tony Harms
Tony Harms

because our currency will be worthless after obama takes over as dictator.

Sharlene Stefanski
Sharlene Stefanski

Yea, I would like to know what he is up to! Why don't we ask Obama, the man has been to the White House over 200 hundred times! Our Founds of our Country must be turning over in their graves, knowing that Soros a commie Socialist is even allowed at the White House!

Ara Lohan
Ara Lohan

He's an old hedge fund manager and a Nazi little brown coat spy and an all 'round money maker and knows when to hold 'em and when to fold 'em! I sold mine out over a year ago and won't be buying anymore for a long long time! Or until Barry is gone, I hope, in January '13!

Ara Lohan
Ara Lohan

Ummmm, he likes the color yellow? :)