George Soros

Monday, 21 February 2011

George Soros
George Soros: Tea Party Activists Being 'Used,' Obama's 'Lost Control Of Agenda' (VIDEO)

Billionaire George Soros, a longtime backer of progressive causes, suggested that members of the Tea Party movement are being "used and deceived" during an appearance on CNN's "Fareed Zakaria GPS" over the weekend.

Asked to share his take on the coalition of conservative activists, Soros signaled his belief that "people in the Tea Party are very decent people, hard-working." He added, however, that supporters of the movement "have been hit by a force" from a place which "they can't fully understand." Here's what Soros went on to say: ( Read George Soros more... )

George Soros blasts Fox News, Rupert Murdoch for misleading viewers

Glenn Beck of Fox News Channel has repeatedly accused billionaire investor George Soros of being the puppet master trying to bring down the U.S. government.

Soros answered that criticism this morning on CNN’s “Fareed Zakaria GPS.” The program repeats at 1 p.m. ET today. ( Read George Soros more... )

Soros: Profit Master of Uprisings in Emerging Markets

George Soros, the billionaire hedgefund financier who is blamed by some for causing the global financial meltdown of 2008 and the Asian currency meltdown in the early 1990s’, is now looking to make a few bucks on the Middle East meltdown by shorting stocks in the emerging markets and buying gold and oil stocks. By the way, the leftist backer of the Democratic Party is also profiting big time from labor unions losing power. 3.3 percent of his stock investments are with Wal Mart Stores Inc. ( Read George Soros more... )

George Soros Responds To Glenn Beck, Fox News Attacks (VIDEO)

Liberal billionaire George Soros responded to Glenn Beck's frequent attacks on him during an interview with CNN's Fareed Zakaria that is set to air on this Sunday's episode of "Fareed Zakaria GPS."

Beck has repeatedly cast Soros as the "puppet master" and chief architect of a shadowy group of left-wing people and organizations who are determined to destroy the current geopolitical system and replace it with a "new world order." Beck's statements about Soros' experiences during the Holocaust have proved so controversial that 400 rabbis signed a letter asking Fox News CEO Roger Ailes to "sanction" his host for making them. ( Read George Soros more... )

Soros Raises SPDR Gold Holding 0.5% in Fourth Quarter

Billionaire investor George Soros increased his SPDR Gold Trust share holding by 0.5 percent in the fourth quarter and John Paulson kept his investment unchanged, filings with the U.S. Securities and Exchange Commission show.

Soros Fund Management LLC held 4,721,808 SPDR Gold Trust shares as of Dec. 31, compared with 4,697,008 shares at the end of the third quarter, according to the filing. Soros’s call options on 705,000 shares in the trust as of Sept. 30 weren’t listed in the latest report. Paulson & Co.’s holding, the largest in the SPDR fund, was 31.5 million shares. ( Read George Soros more... )

Soros Warns Republican Plans To Slash Spending Will Hurt US Economy -CNN

WASHINGTON (Dow Jones)--Billionaire financier George Soros gives Republicans in Congress credit for wrestling the U.S. economic agenda from President Barack Obama, but warns the party's plans to slash spending will hurt the recovery.

In an interview to be aired on CNN's "Fareed Zakaria GPS" program this weekend, Soros said he expects congressional Republicans to be successful in their effort to cut spending and keep taxes from going up.

"But it will be pursued, I think, to an extent where it's more directed at cutting services and achieving the ideological purposes of the Republicans rather than to get the economy going," he said, according to a transcript. "So I think this will have a negative effect on the economy." ( Read George Soros more... )

Soros and Paulson still Gold Bulls

Hedge fund managers George Soros and John Paulson continue to hold tons of gold, filings with the Security and Exchange Commission (SEC) show.

During the fourth quarter, Soros increased his SPDR Gold Trust share holdings by 0.5% and Paulson made no change to his holdings of the precious metal. ( Read George Soros more... )

Soros and Paulson Remain Goldbugs (GLD, NG, AU, IAG, KGC, NG, GOLD)

Everyone loves to see Warren Buffett’s portfolio changes, but in some cases it is more important what other gurus are doing with their assets under management. George Soros and John Paulson are two of these gurus and they are sticking with their gold bets. Soros increased his SPDR Gold Trust (NYSE: GLD) by about a half-percent and Paulson kept his holding static.

Soros Fund Management counted 4,721,808 SPDR Gold Trust shares with a date of December 31, 2010. That is up from 4,697,008 shares in the quarter before. Some may have been from call options as those were listed in the third quarter but not this quarter. NovaGold Resources Inc. (NYSE: NG) was another large Soros holding worth for 11,213,000 shares. ( Read George Soros more... )

Billionaire George Soros Investing in Israeli Energy Exploration

Billionaire George Soros Investing in Israeli Energy Exploration
George Soros, seeking to join in Israel's nascent energy exploration sector, has invested $6.5 million in the Canadian gas and oil exploration company Adira Energy Ltd, Globes reports. Adira holds four licenses to explore for petroleum at Israeli sites: the Hula Valley's Eitan license, and the Gabriella, Yitzhak, and Samuel offshore licenses. Adira operates locally through Adira Energy Israel, a wholly-owned subsidiary. ( Read George Soros more... )

Courtesy : The Huffingto Post , Orlando Sentinel , Dallas Blog , Bloomberg , WSJ , Beacon Equity , 247Wallst & The Israeli Diamond

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