LARGEST FRAUD IN HISTORY? (whistleblower Andrew Maguire)

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Re: LARGEST FRAUD IN HISTORY? (whistleblower Andrew Maguire)

Postby tazmic » Thu Apr 08, 2010 6:01 am

“The ultimate asset bubble is gold” - Soros

"US billionaire George Soros has more than doubled his investment in gold" - BBC

I don't understand it either:

"Soros unveils $150bn climate plan" - BBC

"Underpinned by gold reserves, the plan would more than double the amount of money on the negotiating table"..."Mr Soros's climate financial plan proposes to tap into the hidden vast reserves of cash that lie ready to keep rich nations' economies afloat in time of crisis. The cash is in the notional form of Special Drawing Rights (SDRs), also known as "paper gold", issued by the IMF."
"It ever was, and is, and shall be, ever-living fire, in measures being kindled and in measures going out." - Heraclitus

"There aren't enough small numbers to meet the many demands made of them." - Strong Law of Small Numbers
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Re: LARGEST FRAUD IN HISTORY? (whistleblower Andrew Maguire)

Postby Wombaticus Rex » Thu Apr 08, 2010 12:35 pm

SDRs are up there with QSPEs in terms of important but utterly obscure acronyms in finance. Meanwhile the headlines love PIIGS, since that one, you know, doesn't matter. I should make a list of 8 more and write a "blog post," eh?
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