Trump Victory Cost Soros 1 Billion

"TRUMP IS A “WOULD BE DICTATOR” WHO THREATENS THE NEW WORLD ORDER" ~ GEORGE SOROS

"TRUMP IS A “WOULD BE DICTATOR” WHO THREATENS THE NEW WORLD ORDER" ~ GEORGE SOROS

From Infowars

Billionaire globalist George Soros has penned a panicked rant in which he decries President-elect Donald Trump as a “would be dictator” who threatens the future of the new world order.

In an article for Project Syndicate, Soros begins by mentioning how he lived under both Nazi and then Soviet rule in Hungary before asserting that “various forms of closed societies – from fascist dictatorships to mafia states – are on the rise.”

This claim is confounded by the facts, which show that, “The share of the world population living in democracies (has) increased continuously.”

Soros writes that in voting for Trump, Americans “elected a con artist and would-be dictator as its president,” and that his defeat of Hillary Clinton means America will be “unable to protect and promote democracy in the rest of the world” (because that policy worked so well in Iraq, Afghanistan, Syria and Libya).

Soros also slams Trump’s new cabinet as containing nothing other than “incompetent extremists” and “retired generals”.

Explaining how he supports the European Union because it is a successful attempt at “social engineering,” Soros laments the fact that the body has become “increasingly dysfunctional” and its disintegration has been accelerated, “first from Brexit, then from the election of Trump in the US, and on December 4 from Italian voters’ rejection, by a wide margin, of constitutional reforms.”

Soros also bemoans Russian President Vladimir Putin’s alleged undue influence during the presidential election.

“At first, he tried to control social media. Then, in a brilliant move, he exploited social media companies’ business model to spread misinformation and fake news, disorienting electorates and destabilizing democracies. That is how he helped Trump get elected,” writes Soros.

Soros says Putin “felt threatened by “color revolutions” in Georgia, Ukraine, and elsewhere,” without mentioning that Soros himself played a key role in bankrolling these contrived uprisings, as well as the color revolution being fomented against Trump.

The irony of an ultra-rich elitist who has bankrolled the overthrow of innumerable governments insisting he cares about “democracy” and the will of the people is particularly rich.

The whole tone of the piece is clearly fraught with concern that the populist movement sweeping the west poses a direct threat to the plutocratic new world order that Soros has spent his entire life helping to build.

He concludes by warning that “the EU is on the verge of breakdown” due to stagnant economic growth and the out of control refugee crisis (that Soros himself again helped create in the first place as a way to obtain political power).

Soros doubles a bearish bet on the S&P 500, to the tune of $1.3 billion

Soros Fund Management has doubled up a bet that the S&P 500SPX  is headed for a fall.

Within Friday’s 13F filings news was the revelation that the firm, founded by legendary investor George Soros, increased a put position on the S&P 500 ETF   SPY -0.13% by a whopping 154% in the fourth quarter, compared with the third. (A put or short position basically gives the owner the right to sell a security at a set price for a limited time, and in making such a bet, an investor generally believes the security is going to decline.)

The value of that holding, the biggest position in the fund, has risen to $1.3 billion from around $470 million. It now makes up a 11.13% chunk of all reported holdings. It had been cut to 5.14% in the third quarter, from 13.54% in the second quarter, which itself marked another dramatic lift on the bearish call.  The numbers can be found at Whalewisdom.com, which makes them slightly easier to digest than the actual SEC filing.

Writing on the Bullion Baron blog, Joseph has been quick to alert readers to the hedge fund’s bets on the S&P 500, offering up a summary of changes to that call from mid-2011 onward. For the four quarters of 2013, that short has followed a pattern of big highs and big lows.

Bullionbaron.com

Of course, Joseph said, the bearish S&P call could be a hedge and, as it’s six weeks into the next reporting period, it may have already been reduced or increased. But he said it could also be indicative of jitters: In  January, Soros highlighted risks coming out of China and drew a comparison with the lead-up to the crash of 2008.

“It’s possible that the SPY puts are just a hedge, weighed against other long positions he holds in specific stocks. However, the views he expressed in this article lead me to believe he thinks another crisis is brewing (led by China on this occasion) and the SPY put position could be an attempt profit from it,” says Joseph.

The second- and third-biggest positions in the 13F were a fresh put on the Energy Select Sector SPDR fund    and a big jump in holds of Israeli pharmaceutical maker Teva  TEVA .  Read about more changes in Soros’s quarterly holdings here.

Soros and his hedge fund aren’t alone if they’re feeling unease at the bull run for markets. It’s been roughly 28 months since a substantial correction for the S&P 500, which is down 0.5% for the year after having endured a pullback earlier this month, triggered in part by jitters over emerging markets. Strategists have beendebating about when and how the correction is going to happen.

As for whether investors should ape the 13F followings of others, MarketWatch’sBill Watts pointed out last week that the 45-day lag in the holdings is particularly tricky when it comes to calls like a huge bearish bet on the S&P 500. And he found that while hedge funds outperform on the upside, they do far worse on the downside.

It was Soros himself who famously once said: “I rely a great deal on animal instincts.” And as we all know, George’s made some big, crazy, winning bets in the past.

http://blogs.marketwatch.com/thetell/2014/02/17/soros-doubles-a-bearish-bet-on-the-sp-500-to-the-tune-of-1-3-billion/