Soros Buying Gold On BREXIT, EU “Collapse” Risk

Gold in USD (2009 to 2012)

 

George Soros is again buying gold and selling and going short stocks due to BREXIT and EU “collapse” risk, after a six year hiatus from the gold market.

The multi-billionaire hedge fund manager, the man who “broke the Bank of England” and one of the richest and most powerful men in the world has now publicly warned that inflation is likely soon and is voicing concerns about BREXIT, the disintegration of the EU, a Chinese financial crash, global contagion and a new World War.

Soros Fund Management, which manages around $30 billion for the Soros family, is now aggressively selling and going short stocks and diversifying into gold and shares in gold mining companies, due to his now even “gloomier” view of the global financial system and the global economic outlook.

EU admits plot for FEDERAL superstate and describes Brussels attacks as an ‘opportunity’

As warned about for years here already, The United States of Europe is coming, along with its European Army — all courtesy of the Fourth Reich. Many say the EU will break up, which is very likely, but if it does, it will be reformed. Likewise, if it somehow holds together, it will be reformed. Integration and more integration is the only solution say the leaders, be it political or military. From the Russian threat to terrorist threats and the nearby Middle East neighborhood being out of control, they’re all unifying factors which would bring them together.

It could even be a new ‘union’, from Lisbon to Vladivostok, which would mean Russia would join the new club. Who’s to say how this will play out exactly but time and the events that shape the future will. One thing’s for sure, a new superpower will be emerging while another (America) one fades into the history books. Great Britain needs to get out while it still can, otherwise it eventually won’t exist as you know it today.

 

“You have not anchored Germany to Europe,… You have anchored Europe to a newly dominant, unified Germany. In the end, my friends, you’ll find it will not work.“

– Margaret Thatcher

 

A SENIOR MEP provoked anger today by describing the recent terror outrages in Brussels as an “opportunity” to turn the EU into a “full political union”.

Gianni Pitella, leader of the socialist group in the European Parliament, claimed the attack’s on the Belgian capital’s metro system and airport showed the need for even closer intergration of the 28 member nations of the bloc.

He also called for a “European Intelligence Agency” to be set up to strengthen the EU’s defences against extremists.

Father of the euro fears EU superstate by the back door

The great European project, The United States of Europe, is right around the corner — be it ‘back door’ or through democratic process.

 

Otmar Issing believes Germany would be better off staying in the euro Photo: AFP

 

Professor Otmar Issing has warned against handing over control of tax and spending before a democratic political union has been established

The euro’s founding father has warned that Europe’s latest plan for an EMU-wide finance ministry is a dangerous attempt to smuggle through political union, and breaches the basic tenets of modern democracy.

Professor Otmar Issing, the chief architect of monetary union through its early years, said it would be “dangerous” to transfer control over tax and spending to the EU federal level before full political union has been established first on democratic foundations.

Such a quantum leap in the constitutional structure of Europe – effectively the creation of an EU superstate, with a parliament comparable in power to the US Congress – is unthinkable in the current political atmosphere.

Former ECB Chief Economist Says ECB Is In Panic, As Czech President Warns The End Of Democracy Is Imminent

If anyone thought the bad blood between Germany and the rest of the insolvent proletariat, aka the part of the Eurozone which is out of money (most of it), and which has been now confirmed will be supporting Obama (one wonders what the quid for that particular quo is, although we are certain we will find out as soon as December), complete collapse of the Greek neo-vassal state of the globalist agenda notwithstanding, had gone away, here comes former ECB chief economist Juergen Stark to dispel such illusions. In an interview with Austrian Die Presse, the former banker said what everyone without a PhD understands quite well: “The break came in 2010. Until then everything went well…”Then the ECB began to take on a new role, to fall into panic…. Together with other central banks, the ECB is flooding the market, posing the question not only about how the ECB will get its money back, but also how the excess liquidity created can be absorbed globally. “It can’t be solved by pressing a button. If the global economy stabilises, the potential for inflation has grown enormously… It gave in to outside pressure … pressure from outside Europe” Why, whichever bank headquartered at 200 West, NY, NY might he be referring to?

…

And speaking of continuing takeover of the world by a few not so good banks, a loud warning that the advent of globalist influences (i.e., bankers) is taking over Europe and that the “destruction of Europe’s democracy is in its final phase” comes not from some European (or American… or Zimbabwean) fringe blog, but from the 71 year old president of the Czech Republic, someone who certainly knows about the difference between communism and democracy, Vaclav Klaus. In an interview with The Sunday Telegraph, “Václav Klaus warns that “two-faced” politicians, including the Conservatives, have opened the door to an EU superstate by giving up on democracy, in a flight from accountability and responsibility to their voters. “We need to think about how to restore our statehood and our sovereignty. That is impossible in a federation. The EU should move in an opposite direction,” he said.”

Alas, what also is impossible in a Federation is for a banker-controlled entity to provide money out of thin air, i.e., public debt, which dilutes the “common currency” in the process preserving the illusion that credit-fueled growth (the only kinds the world has seen since the advent of the Federal Reserve) can continue for ever, when in reality all that is happening is the ongoing dilution of sovereignty alongside the destruction of individual currencies. This is precisely what the status quo, i.e., the above mentioned company headquartered at 200 West, wants.

And what the status quo wants it always gets, absent a revolution.

Full article: Former ECB Chief Economist Says ECB Is In Panic, As Czech President Warns The End Of Democracy Is Imminent (Zero Hedge)