Soros is now betting against the U.S. stock market to the tune of 1.3 billion dollars.
We are not in a recovery. What we are witnessing right now is the
creation of a speculative bubble of epic proportions and that bubble is
going to burst. We've been saying this for some time now, but when a
major player like George Soros, a billionaire investor known for
positioning himself on the right side of a risky trade starts actively
betting against the U.S. stock market trouble is brewing.
Soros has recently purchased 1.3 billion dollars worth of put options
on the S&P 500. Some have tried to down play this as merely
hedging, but putting everything on one single position (the decline of
the S&P) looks more like a calculated gamble than a conservative
hedging strategy.
http://stormcloudsgathering.com/george-soros-is-now-betting-big-against-the-us-stock-market-that-should-tell-you-something
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