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Our new favorite money manager is Hugh Hendry – the only thing better than his financial insights are his one-liners! (see Hugh: “I would recommend you panic”) In this interview, Hugh shares his take on George Soros’ socialist tendencies, and identifies an “Axis of Financial Evil” in Europe. He also likes the play of shorting […]
Just came across this interview George Soros gave for Yahoo Tech Ticker. Soros says the real danger of economic collapse has passed – but goes onto say that we did not succeed in recapitalizing the banks, and the rebuilding effort will take a long time. He believes the fallout will linger, because we have zombie […]
Legendary investor George Soros, co-founder of the famed Quantum Fund with Jim Rogers, told Bloomberg: “It’s a bear-market rally because we have not yet turned the economy around,” and reiterated that this financial crisis is worse than anything we’ve seen in our lifetimes. Marc Faber is also quoted in the article, saying the S&P index […]
Reuters reporting on George Soros’ testimony at the U.S. Conference of Mayors – whatever the hell that is: Soros said the United States needed “radical and unorthodox policy measures” to prevent a repeat of the Great Depression of the early 20th century that include recapitalizing banks and writing down the country’s accumulated debt. Also, he […]
George Soros says a “deep recession is now inevitable, and the possibility of a depression cannot be ruled out, according to Soros’ recent Congressional testimony.
Forbes article Soros expects the oil/gold ratio to decline, closer to its historic average of 10. He expects gold to hold its ground, even if oil were to decline.
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