A Huge Market Crash Flag Has Been Raised
George Soros transferred $18 Billion to his Open Society Foundation. For the average folk this might pass as something unnoticable and even well mannered. For those who own corporations this is the gateway car for hedging against a market crash. With all the regulations currently in place, charities have become the new financial haven.
Charities are ways the rich give back to the ones in need while maintaining a healthy growth of capital. The mass kool aid if you like. For those who own corporations, charities are the only way to maintain wealth while being protected against giving away too much in taxes. The charity itself can even work as a corporation if it is managed effectively. This is the oldest game in the book and the one the Vatican and many other religious organisations posing as charities know very well. This is a game the average Joe has no idea how to play.
Soros is not alone. Over the past few years many billionaires including Bill Gates and Warren Buffet have vowed to give out most of their wealth to charities. The big guns know how to give back to society and do it in a smart way. When the market is booming, good ol' business tactics does the trick. When the market seems dangerous they would rather pull it back to charities and give away handovers instead of witnessing their money vanish in thin air. It's a win-win-win situation.
There are quite few other red flags that should also raise an eyebrow like the way the chinese are diving over the last year in and out of Bitcoin or how major hedge funds are basically doing money laundering with ICO's. Warren Buffet also sold a massive portion of IBM shares. These are ways to get money clean, into clean investments while making a healthy profit in the process.
Amazing how readily this kind of tripe is swallowed on Steem.
Soros is famous for shorting things ... if the market was about to crash and he knew about it, he wouldn't be giving away his money to avoid the crash ... he would be shorting it.
Do you know what the other thing he his famous for is? Announcing his positions.
If he saw a crash coming, not only would he be short - he'd be letting everyone know he was short. Why does he announce his positions? Because he is a big swinging dick and other investors follow him, pushing the market where he wants it to go. He's written entire books on this phenomena.
I am left thinking you know very little about the topic you are attempting to discuss :)
Yes his theory of "reflexivity" posits that agents create market realities and markets veer between booms and busts. Signaling his short and then having the herding effect take hold would make the crash a self-fulfilling phenomenon as you correctly point out.
Quite possibly the best first post ever :)
More evidence
https://www.cnbc.com/2017/10/19/chinas-central-bank-just-warned-of-a-sudden-collapse-in-asset-prices.html?__source=Facebook
Like a friend told me. He is 87 years old. This is much more safe to do. Nobody can short the market consistently and all the time. He got lucky a few times, sure but we are entering uncharted territory with the current market bull run.
Also, in the markets, the only way to make gains is to be inconsistent. If you are famous for shorting then people will be expecting shorting. You make sure people fall for it after you have done it a few times and wrote books about it.
So really, all your position is saying is "Do the thing he is a famous for and shills in his book". This is your "ultimate knowledge"?
That's like getting prepared to get slaughtered. Knowing that Soros is 'famous for shorting' is level 101. Everybody knows this. Your kind of logic is rather the popular one. Not mine
Interesting times indeed. In the blockchain we trust. At least there, it's all visible for everyone to see where every coin is created.
Fiat... well, fiat is something you just have to trust is being created in a way that benefits humanity. If you believe that, I have some clothes to sell you an emperor once wore. They are the finest clothes. Only the finest people can see them.
You mean the thing that he just said was being manipulated by the chinese and hedge funds? Good call.
So, let's develop a bit: charities are a way to stash money away from the taxman... But that means they have a way to recover that money once the storm has passed, is that it?
I don't know what the reasoning here is, but philanthropists still have power over their money when they are in a foundation. This way they still have power, and can achieve goals with them.
ofcourse. You can setup a charity as you like. Again. Check how the vatican is doing it.
Yeah ok, but that does not tell me how they get the money back once the charity is set up and funded. Any clue?
You invest back from the charities to companies that aid your charity's aim. This is why the more generic the foundation the better. You basically trickle down (back up) your investment. Much like a shell company.
Something BIG going down, He made the deposit for the payoff, Usually takes a week, like his 43 million put on Vegas. This must be the Big One!
Hey Kouba,
Can you link to info relating to Vegas? I'd be interested to learn more.
-Mason
Check out High Impact Flix here on steemit or YT he's covered it with a couple of vids.
@kyriacos interesting information specially discussion on charity is wonderful. I personally like your post very much
Market crashes can't last forever though.
Thanks for posting!
if another crash hits the system (allready weak) a lot of people will suffer and i bet that their charity foundations won't do a thing for them
I don't know enough about the other two, but Bill Gates has been putting most of his money into charity for years and it's producing a lot of actual, measurable things. I don't think he's tax sheltering or scamming at all, and even if he was it's no proof of something happening now given that he's been at it for years.
As for Buffet's selling of IBM, that's just a good call. IBM hasn't been a great company for a while. I had some IBM stock for a year or two and it was by far my worst performer, and I suck at investing!
This is not just about those two but the general trend. Charities are the new tax havens since the panama paper debacle. there aren't many hiding places anymore. What most wealth managers advice (and i know a couple in Switzerland) is to shell through a charity and then trickle back up to other companies once the storm passes. even without a storm this is big tax protection.
Switzerland started the trend and in fact many blockchain companies are registered as such. I believe the latest Tezos sham had to do with the company being supported by a shell charity.
I didn't even mention the obvious warnings that are thrown in popular networks as a flag. and for a good reason.
Interesting discussion. The rich know how to maintain as much of their wealth as possible. You also see this in the boards of some of the biggest charities, stacked with friends and families
It's called fake philanthropy. 👌