Skip to comments.Soros shorting yen, buying Japan stocks: report
Posted on 06/07/2013 6:45:14 PM PDT by TexGrill
HONG KONG (MarketWatch) -- A hedge fund run by billionaire investor George Soros was back placing bets in Japan, shorting the yen and snapping up local stocks, according to a Dow Jones Newswires report Friday, citing a source close to the matter. Soros returned to the market following some signs of stability in the Japanese bond market, the source was cited as saying in the report. The person said that while the sharp recent fall in Japanese equities was a "surprise," the current level of stocks was "very attractive" as economic data and earnings were expected to pick up, Dow Jones reported. The Nikkei Stock Average /quotes/zigman/5986735 JP:NIK -0.21% fell 2.1% in Friday's afternoon trading, and had entered a so-called bear market after dropping more than 20% from its 52-week peak reached on May 23. The U.S. dollar /quotes/zigman/4868099/sampled USDJPY +0.5627% , meanwhile, was trading at ¥96.34, also sharply down from its May highs above ¥103.
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He’s already made good money on this depending on when he went in. Dennis Gartman has been proposing this trade for some time (since JPN has been degrading their currency). Looking at TM and HNC, they don’t look too bad chart wise.
Satan believes he has and needs integrity...he is a liar and lies to himself first and foremost.
He believes he is right and righteous...and his follower Barack Obama feels the same way.
Obama is first and foremost a follower of Lucifer. Anyone who believes otherwise is simply naive.
This I can prove!
All the money in the world will not allow him to live any longer.
I think you gotta point there. One time, I’m walking down a street in Beijing where many rich and powerful people of the world visit. I see this old guy with the meanest look on his face I’ve ever seen. He appeared to be a man tormented by some demons. Then when I walked passed him he looked at me for me for a brief moment, he doesn’t know who I am but I felt a real diabolical goon glared at me. I felt like I needed to take a shower immediately. But I couldn’t figure out who it was, until a day later I thought it could have been George Soros, so I Google searched his name and discovered he was at a business conference in Beijing on that day.
Soon the Japanese domino will fall.
And the next domino will be...?
Why would Soros telegraph his moves like this?
More likely he is doing exactly the opposite.
His eternity in hell will give him plenty of time to reflect on his obsession with making money, money that he couldn’t take with him. Sad, very sad.
“More likely he is doing exactly the opposite.”
I agree. I think he just wants everyone on his side of the fence so that he can liquidate his positions at the best price possible. And no one (he thinks) will be the wiser.
You only think I guessed wrong! That’s what’s so funny! I switched glasses when your back was turned! Ha ha! You fool! You fell victim to one of the classic blunders - The most famous of which is “never get involved in a land war in Asia” - but only slightly less well-known is this: “Never go against a NAZI when MONEY is on the line”! Ha ha ha ha ha ha ha! Ha ha ha ha ha ha ha! Ha ha ha..
Soros always reminds me of a James Bond movie villain.
About feeling a bad vibe emanating from a person, this happened to me once when I was at the checkout line at a local store. I felt something to my right side, I looked and there were two short young guys of small build. One had dark hair and the other had lighter hair. I actually felt a force field coming from them. Some time later there was a young woman who disappeared and was found murdered a few days later. The police did their investigation and came up with two suspects—they were the same two guys that creeped me out at the check out lane. One committed suicide before being caught and the other was tried and sent to prison.
Isn’t Soros known as the man who broke the Bank of England?
It would be heck of a record to do it for several countries in one lifetime.
I thought Joan Blades started MoveOn.
Dictator of the United States. Today the United States—tommorrow the world!
This is sort of silly since Prime Minister Abe in concert with the central bank of Japan are deliberately driving down the Yen to stimulate exports. They’re probably not all that offended with Soros or anyone else “shorting” the Yen, it saves them the effort.
Soros made his fortune by betting on the breaking of the pound peg to the Dmark.
As much as I detest the man he was correct in that investment, as he probably is by being short the yen. The Japanese central bank has announced that they are going to double the fiat money supply of the yen. If they actually do so, the yen must be destroyed. It’s not Soros’s fault that the JCB is profoundly debasing their own currency.
That said, the world will not mourn the passing of a Jewish Nazi collaborator, no matter his wealth.
Truth to that.