Does anybody really want to buy a EuroBond that does not have Germany's credit behind it? Who would I look to for repayment -- France?
But the guy who owns the store hears multiple ideas every week from those that work for him and he makes the judgment which ones to back. He backed this idea with a boatload of real money. That's why Druk gets the asist and Soros (even if you hate his politics) gets the gold!
which of course would be true.. but I suspect Soros is really a front man for the guys who pull the strings. And the guys who pull the strings are the entites who own the shares of the regional fed reserve reserve and other private national banks. So really, I suspect, the trade was a high profile staged horseshite. I suspect a long time ago soros had some trading talent. But, I have been unimpressed with his crap for years.
nope just observant and speculating. I don't think it was coincidence soros and a goldman guy were given Indymac bank with guarantees. I don't think it is coincidence Buffett got all sorts of sweet deals. I think they are also running money for the big money. And I have seen many other examples of the last two decades.
posted on another thread. accidental obituary of Soros. http://www.businessinsider.com/reuters-george-soros-obituary-2013-4