If you want to figure out what is going to happen next in the financial markets, carefully watch what the insiders are doing, and if they hear that something big is coming up they will often make very significant moves with their money in anticipation of what is about to happen.
Are The Government And The Big Banks Quietly Preparing For An Imminent Financial Collapse?“, I speculated that they may be preparing for a financial meltdown of some sort. As I noted in that article, more than 600 banking executives have resigned from their positions over the past 12 months, and I have been personally told that a substantial number of Wall Street bankers have been shopping for “prepper properties” this summer. But now even more evidence has emerged that quiet preparations are being made for an imminent financial collapse.
Why Is George Soros Selling So Much Stock And Buying So Much Gold?
He has dumped all of his banking stocks and that he is massively hoarding gold. The following is from shtfplan.com…. In a harbinger of what may be coming our way in the Fall of 2012, billionaire financier George Soros has sold all of his equity positions in major financial stocks according to a 13-F report filed with the SEC for the quarter ending June 30, 2012. He has reportedly unloaded over one million shares of stock in financial companies and banks that include Citigroup (420,000 shares), JP Morgan (701,400 shares) and Goldman Sachs (120,000 shares). The total value of the stock sales amounts to nearly $50 million. He was selling bank stocks, he was acquiring some 884,000 shares (approx. $130 million) of Gold via the SPDR Gold Trust.
It would make perfect sense if you believed that a collapse of the financial system was about to happen. Earlier this year, George Soros told the following to Newsweek. “We are facing an extremely difficult time, comparable in many ways to the 1930s, the Great Depression. We are facing now a general retrenchment in the developed world, which threatens to put us in a decade of more stagnation, or worse. The best-case scenario is a deflationary environment. The worst-case scenario is a collapse of the financial system.” As anger rises, riots on the streets of American cities are inevitable. “It will be an excuse for cracking down and using strong-arm tactics to maintain law and order, which, carried to an extreme, could bring about a repressive political system, a society where individual liberty is much more constrained, which would be a break with the tradition of the United States.”
Now he is making moves with his money that indicate that he is convinced that it is actually about to start happening. Billionaire John Paulson (the one that made 20 billion dollars on the subprime mortgage meltdown) has been buying gold like crazy and his company now “has 44 percent of its $24 billion fund exposed to bullion.” So why are Soros and Paulson buying up so much gold?
Central Banks Are Also Hoarding Gold:
According to the World Gold Council, the amount of gold bought by the central banks of the world absolutely soared during the second quarter of 2012. Prior to 2009, the central banks of the world had been net sellers of gold for about two decades. But now that has totally changed, and last quarter central banks stocked up on gold in quantities that we have not seen before.
Rampant Insider Selling: Wall Street insiders have been dumping a whole lot of stock this year. The level of insider selling among S&P 500 (SPX) companies is the highest in nearly 10 years. That is not good. More than 10 billion dollars has been pulled out of equity funds over the past two weeks alone.
Why Does The U.S. Government Need So Much Ammunition?
This week, it was revealed that the Social Security Administration plans to buy 174,000 hollow point bullets which will be delivered to 41 different locations all over America.
Aa recent article by Paul Joseph watson…. Back in March, Homeland Security purchased 450 million rounds of .40-caliber hollow point bullets.
Sources: newsweek, : Michael Snyder, BLN Contributing Writer, black listed news