Soros sets his sights on the Australian dollar - rumor

[Tesseract]

The man who single handedly destroyed the British pound is rumored to be preparing to do likewise to the Australian dollar:

http://www.adelaidenow.com.au/news/rumours-rife-that-us-billionaire-george-soros-is-shorting-the-australian-dollar/story-fn7kiehl-1226636491591

The $Aud is trading well above historic norms and is considered by most economists to be over valued by at least 10 %.

In a few hours the Reserve Bank of Australia will release its decision on interest rates. I joined the FX fray today and opened a short position on the $Aud myself (prior to hearing the Soros rumors).

[sigma6]

shame on you (haha... but commerce will be commerce)

thanks for the heads up, will be looking into it to see how this might all play out...

then again, how does that saying go; when you start hearing financial advice from everyone including your shoeshine boy, then the fix is already in, (ie. it's already been priced in..)

(and may even go opposite at that point, which is usually the peak of a buy/sell cycle) Crazy thing is the announcement alone might be enough to trigger it, as your response clearly shows... good luck

[norman]

Not even gold certificates will be worth anything in a couple of years from now. My advice, for what it's worth, spend almost everything you've got in paper money/digital money on ANYTHING !.... even if it's not all the fancy "survival" crap that's being sold by adverisers on the Yank media.

Anything solid is re-sellable in whatever currency becomes the rule.

Ebay is your friend.

[sigma6]

That was the advice of Nick Guarino over 12 years ago, when he predicted the 911 1000+ point drop in the Dow, (he just predicted the 1000+ point drop, not the event specifically.... but still... go figure) also that Gold would take off and the US would become a Police State... I didn't realize how long range his forecast were... and he did also mention get out of anything with the word "fund" on it... (that was at the height of the "Babyboomer Mutual Fund Craze" - which I now designate as OPERATION SHEEP SHEAR)

They were trying to hide it by saying all the gains were coming from technology breakthroughs from the phony tech fund bubble they were also createing at the same time (that was also before the tech bubble burst) Talk about 3 card monty... God he must be so loaded today (if he is still alive) He was the first to clue me into the Clinton Crime Syndicate Drug Dynasty operating out of Arkansaw.

[Prodigal Son]

It was Soros/CFR money that trained and put Obama in office... could it be that there is a power struggle going on to take down the Rockefeller/Bush/Rothschild cabal and Soros and his gang are the lesser of two evils... looks like he's trying to destroy the central banks... just throwing it out there.

[sigma6]

The Australian dollar just broke through a key support level at 1.0230 at 12:30 EST that hasn't been breached since (03/11/2013) Major dive caught me by surprise, I have to check what is going on. It looks like a lot of currencies have all broken through major support or resistance levels today, very interesting... The AUD/USD is hitting lows not reached in months. Have to catch up on fundamentals to see what happened. I expect there to be a retracement soon to follow... dang was too busy posting here today and missed the price action...

I don't think it is an issue of 'destroying' this is how the elite make their money... it's more like building a trend and then crashing it, and they skim all the fat, it's been going on for hundreds of years... for them (using inside information) it is like shooting fish in a barrel.

[rgray222]

George Soros’ agenda include European style socialism, population control, and the famous “Green Agenda” which has generated much corruption around the world. The “Carbon Credit” fraud is all part of this as well. He recruited Al Gore into this plans in which Al Gore generated millions for himself, cheating and conning anybody that would listen.

The Banking Elite and George Soros are both members of the Council on Foreign Relations and the Trilateral Commission also known as the Bilderberg Group. Two organizations scheming to manufacture the “One World Order”, the “One World Government” and the “One World Currency”.

One world government puts all the power and money in the hands of only a few people. When is enough money and enough power enough? For some people such as Soros the answer is never.

[Positive Vibe Merchant]

Out of curiosity, is anyone away of any person who is say part of the 1% using that money to fund things that can be of help to socitey rather than destroying it? Ie putting money into renewables, as opposed to Bill gates having half a million shares in Monsanto?

[Tesseract]

Out of curiosity, is anyone away of any person who is say part of the 1% using that money to fund things that can be of help to socitey rather than destroying it? Ie putting money into renewables, as opposed to Bill gates having half a million shares in Monsanto?

Off the top of my head I would say Vinod Khosler, Ralph Sarich, Richard Branson (in a way..). Sure there are many others too. Some are looking to make a profit at the same time as they foster a technology, others just want to make a difference. Others still don't believe there is a problem and just want to make tasteless giant dinosaurs.

[Nanoo Nanoo]

here is something that may help : p


http://www.spiritualeconomicsnow.net/solutions/How_I_06.pdf