Global Money Market
Hoosier Hillbilly

United States

#1 Feb 24, 2014

George Soros may have just done it again.

Rumors are circulating that the billionaire investor made $19 million in just 36 hours by betting that the Australian Federal Reserve would cut interest rates, the Sydney Morning Herald reports. On Monday a trader in Hong Kong believed to be from Soros’ investment firm placed a $1 billion bet on the Australian dollar dropping in value as a result of the rate cut -- a prediction that ultimately came true a day and a half later.

What’s more is that it appears the mystery trader made the bet three times, raking in a total of nearly $60 million.

Sydney Morning Herald

The history of George Soros:

The Obama-Soros connection:
This is the third installment of a five-part series on how Barack Obama is America’s number one threat to national security.

The first shots in the Obama Revolution, the highly unlikely campaign that elevated an inexperienced former Chicago community organizer born in Hawaii and raised in Indonesia into the Oval Office, were fired at the Long Island Southampton beach house of billionaire hedge fund manager George Soros.

Since: Aug 14

Location hidden

#2 Aug 24, 2014
Loose change

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Weird Discussions

Title Updated Last By Comments
Word Association (Jun '10) 5 min Mega Monster 30,838
Word association (Jun '07) 8 min Mega Monster 4,783
What song are you listening to right now? (Apr '08) 1 hr Sharlene45 194,059
News Evolution vs. Creation (Jul '11) 1 hr DanFromSmithville 200,939
Word Association (Mar '10) 1 hr Mega Monster 20,624
News Miniature wall appears around Trump's Hollywood... 2 hr wichita-rick 12
One Word (Jan '09) 2 hr Mega Monster 16,590
What Turns You Off (Jun '11) 2 hr Knock off purse s... 7,777
Crystal_Clears Kitchen (Refurbished) (Jan '16) 4 hr streetglidehoney 8,405
News 10 weird and crazy sex facts you may not know 7 hr Jack 3
More from around the web