Comments on: Is George Soros Long or Wrong on the Global Rebound?

By: michael

michael — Mon, 06 Jul 2009 21:31:06 +0000

i wouldn't trust anything soro's says as he is most likely opposite what he publicly says. soro's is a manipulator and that is how he operates. doesn't he have warrants for his arrest in several countries?

By: Jack Dixon

Jack Dixon — Mon, 06 Jul 2009 03:52:13 +0000

Also I would advise caution taking Soros as an authority. He has used his status to make pronouncements in the past when it is later shown that he was on the other side. The agenda of Soros is to increase his wealth and power by whatever means. Caveat emptor.

By: Ron Baldwin

Ron Baldwin — Sun, 05 Jul 2009 22:12:04 +0000

Mr Soros was primarily a political analyst and lobbyist not a businessman or economist.

His first big play was the result of knowing how politicians would react to a run on the Bank of England – this was politics not economics.

With his reputation established, he then went onto greater things but not always successfully.

The unsloved problem facing the western world is the simple business truth that USA, Britain, Asutralia and other countries are buying more than they are selling – they are running trade deficits of significant proportions. To stop this bleeding of wealth to the developing and exporting countries, the big spenders have to reduce imports and increase exports. They have no way of doing this without sending world trade into a tailspin.

Buffet is quite unqualified to even consider the problem. Soros is likely to be aware of it but he is already a proponent of world government and imposed trade discipline. He is unlikely to change from this position.

I would like to hear what other people think of the problem and possible solutions.

By: Wendy Moore

Wendy Moore — Fri, 03 Jul 2009 06:15:36 +0000

Soros is dead wrong. In fact, the June 2009 issue of
futuresmag.com has more than one relevant article to
disprove Soros. see: Trading through gold-colored glasses
by Murray A. Ruggiero, Jr. in June 2009 Futures Mag, for
starters. The federal reserve and it's banking ring are sure
to manipulate not only gold, but also US fiscal policy.
That alone is enough to disprove Soros. However, there
are other influences, including astrological financial forecasts
which make 2010 a very bad year to come.
see: Merriman's newest article from the Merriman Market
Analyst. See: http://www.mmacycles.com

By: neville yeend

neville yeend — Thu, 02 Jul 2009 10:01:25 +0000

mmm,can i easily exchange moner to gold dollars in australia

By: p.d.sharma

p.d.sharma — Wed, 01 Jul 2009 17:05:07 +0000

you are almost right.

By: Bill Goode

Bill Goode — Wed, 01 Jul 2009 15:07:03 +0000

One should beware of Soros' predictions. Consider his intentions and who he aligns himself with socially and politically. Anyone with any economic sense can see that President Obama is set on destroying the economy of the United States. It would seem to me that Mr. Soros would have the average individual fall in lock step with President Obama's outlook on the economy and simply continuing to follow it right over the cliff.

In order to consider Mr. Soros' viewpoint, one would have to study very carefully just exactly where and when he has invested the majority of his own wealth.

Mr. Rogers espouses investment in China. While one may make a lot of money investing in China, one would be supporting a criminal government. There are plenty of other successful economies to invest in than a criminal government such as China.

Mr. Buffet has not been so successful the last year and half, as his Berkshire Hathaway companies have suffered a large downtrend with the rest of the economy.

It is far better to use one's own judgment and apply what one knows about finances and economics, such as supply & demand, than to rely on presumed successful investors. If you rely on advice from individuals such as these, be certain you apply it EXACTLY. One should know exactly where and when they have invested and follow that exactly. The when part will be difficult, because it is always after the fact. Better to simply apply what one knows.

By: hedonist

hedonist — Wed, 01 Jul 2009 11:08:23 +0000

Interesting article sir, but one thing about Soros, is he keeps amending his position contingent on developments, and has just given his update, which is he's no longer bullish: Soros also said that Obama's team has not begun taking the steps needed to truly fix the mortgage-backed securities market. The biggest challenge, he said, is to attack the "agent risk" that arises when banks make loans they have no intention of retaining. That said, hedge fund Soros Fund Management probably will not participate in Obama's toxic bank asset acquisition program. "I don't think it is working," he said. He also warned that while the worst of the 2008 meltdown is past, investors appear to be ignoring the lessons taught about leverage and careful risk-management. "People want to pretend the crisis never happened," he said. "They want to go back to business as usual." ~ from the Guardian.