Georges Soros is an international billionaire who is quite wealthy because his incredible skill as a trader. He is vitally-interested in American politics, and he has a massive reputation for offering money to political campaigns. This article gives an explanation of how and why George is so interested in the American political scene. His interests in investment have led him to a belief that pointed monetary changes are necessary.
#1: What Side Of The Aisle Does George Stand On?
George Soros is known as a liberal who quite often supports democratic candidates in America, and he wishes for liberal candidates to win offices around the world. According to CNBC, George prefers regulation that protects his investments, and he prefers a progressive monetary scheme that benefits the common investor who is carefully investing.
#2: What Changes Has George Made?
George has made quite a few changes to his portfolio in America. He has chosen to push his money into gold, and he invested in gold distribution as a backup plan. Concerns about the political environment in America have driven George and his ilk to protect themselves, and they have chosen to reduce volume in America before they are losing money after a surprise election result.
A Bearish George Soros Is Trading Again
George earned quite a lot of money in the past as a currency speculator, and he is famous for using the British pound to make a billion dollars in one day. He is willing to take risks when necessary, but he does not believe that America is a necessary risk at this time. Gold has long been the mainstay of lifelong investors, and George has proven that he may default to gold as a standby until such time as he chooses to move his money once again.
#3: What Are George’s Concerns?
George is concerned about the migration from the middle east, and he wishes to avoid problems that may mirror the Greek government bailout. He does not wish to be invested in unsteady American stocks or bonds for fear that his family fund may lose money. Soros Fund Management controls over $30 billion, and the family has remained safe due to their conservative approach to investment.
George prefers to remain safe with his money, and his choices mirror an approach that famous investors have taken under similar circumstances. Soros Fund Management has selected gold and gold miner investments to offset movement away from the United States.
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