The Reserve Currency, by Soros

Discussion in 'Economics' started by libertad, Apr 17, 2008.

  1. Daal


    could gold earn a sizable share of the currencies reserves?the hedge funds of the world are already leaning that way the problem is the central banks and swfs, if they decide to start buying, gold would go through the roof
  2. Simply put....

    Just raise rates to reflect the higher risk posture relative to its peers....

    And improving financial normalcy, whereby savings are rewarded....and governmental finances are checked....

    A straightforward strong energy policy would also be a big help.

    Eliminate the IRS and Income taxes to all individuals and companies....Establish a consumption tax....This alone would make every worthwhile company in the world domicile in the US. And most importantly, Americanism would set the world on fire, every living human being would want to become a part of it.

    The dollar would smoke the Euro....what Euro ?
  3. Shiaw... in a PERFECT WORLD.. :D

    Well, wouldn't have to be PERFECT... just a world where the US Gummint didn't walk around with its head up its butt!
  4. .

    April 18, 2008

    SouthAmerica: Here is what George Soros and Warren Buffett are doing regarding their investments.


    “Buffett, Soros: Betting on Biotech, 'End of the World' Plays”
    Posted Apr 17, 2008
    by Aaron Task
    Tech Ticker

    Warren Buffett is the world's richest man and George Soros is hardly a pauper -- having earned nearly $3 billion just last year, according to Alpha magazine.

    Aside from immense wealth, these two legendary investors have at least one other thing in common: Both are making big bets on healthcare technologies, specifically those involving vaccines, says James Altucher, managing director of Formula Capital and columnist for The FT and

    Altucher, who literally wrote the book on Buffett's trading, says the "Oracle of Omaha" is actually more focused on demographics than classic valuation metrics, contrary to popular mythology.

    What Buffett and Soros both see is a world with aging populations in the developing world, greater demand for vaccines in the emerging markets, and the potential for pandemic diseases that threaten all of humanity.

    Rather than fearing the worst-case scenarios, these billionaires are making big bets on them via investments in names like Glaxosmithkline, Sanofi-Aventis, Johnson & Johnson, MAP Pharmaceuticals, Savient Pharmaceuticals, and others.