Soros Places $500 Million Bet on ‘Fall of US Economy’ See Why This Is a Ludicrous Bet! (Video)
2-25-17
George Soros Places $500 Million Bet On ‘Fall Of US Economy’
Late last month, some of Soros’ short positions dating back to 2012 were published on the Dutch financial market regulator’s website due to “human error,” according to the Dutch Authority for Financial Markets (AFM).
The short positions, bets on a stock declining, were “between 0.2 percent and 0.5 percent,” of shares outstanding in the companies shorted AFM spokesman Ward Snijders told Bloomberg.
The Financial Times earlier reported that some of the positions, including bets against Dutch banks, appeared briefly on the website on Tuesday evening. One Dutch bank in which short positions were revealed Tuesday was ING Groep NV, according to the Financial Times. ING declined to comment on Thursday.
The Dutch market authority apologized after admitting it had accidentally published details of short positions in stocks on its website beyond what it normally discloses.
Billionaire globalist George Soros has hedged a $500 million dollar bet on the U.S. economy failing and corporations becoming bankrupt.
Newsmax.com reports:
Soros’ bets against stocks came in the form of puts, or options to sell, on two exchange-traded funds that track broad market indexes, CNBC reported.
He took out a put position of 2.5 million shares on the iShares Russell 2000, a fund that tracks the small-cap index, according to an S&P Global Market Intelligence analysis of Soros filings with the Securities and Exchange Commission. That ETF is up 21 percent since bottoming just before the election, and 12 percent from Oct. 1, CNBC reported.
That position had a notional value — if the puts were exercised — of $330.6 million, representing a 59 percent increase from the $208.4 million value in the third quarter.
Soros also had a short position on industrial stocks, with $77.8 million worth of puts on the SPDR Industrial Select Sector fund. That ETF has gained 12.3 percent since the beginning of the fourth quarter.
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Here is why Trump is not going to save you- or change too much of Bush-Obama- Clinton policy
http://jewishbusinessnews.com/2017/01/31/george-soros-backed-jared-kushner-venture-cadre-250-million/
Trump and Soros are vying for the same thing – global dominance. Two peas in a fascist pod.
Looks like he lost the bet this morning
http://thelastlineofdefense.org/breaking-george-soros-arrested-and-charged-with-hate-crimes-against-america/
Do you think this story is true? No other site is reporting on this,you would think InfoWars if this was true would report on it.
As fake as they come.
http://www.snopes.com/george-soros-arrested/