Wednesday, March 9, 2011

10 Economic Disaster Stories the Leftist Media is Hiding From You | NewsReal Blog

2. George Soros is hoarding gold.
Early in  2010 George Soros, despite talking down gold as an investment in a series of sound bites, doubled his gold holdings. At the same, Soros-funded leftist groups and prominent Democrats, perhaps doing Soros' bidding, were busy attacking gold sellers and the idea of gold as a legitimate investment.
One would think this would pique a reporter's curiosity.
It is especially curious to see Soros buying the commodity he claimed was a bubble after he was on record talking about a "managed decline" of the dollar. Soros' goal of destroying global capitalism can only be achieved by destroying the U.S. dollar (which the Obama administration is doing now) and as the dollar is destroyed gold will become more and more valuable. As usual Soros is poised to enrich himself from the collapse of a currency he orchestrated, but the leftist media says nothing.