Hedge Fund Genius George Soros Is Betting Against The U.S. Stock Market

According to the Wall Street Journal, the last time George Soros was actively trading stocks was in 2007. But Soros is back, and he has made a bet against the U.S. stock market. George Soros used a derivatives position to place that bet, and he increased his investments in gold at the same time by buying shares of Barrick Gold, the SPDR Gold Trust, and Silver Wheaton.

George Soros and other top hedge fund investors have a pretty dim view of the global market. In fact, Soros has been predicting a global recession since 2012. His recent return to the trading table has people talking. Some investors believe Soros was right when he said that the world is not on the verge of a global recession; it is in process. It’s not a prediction anymore. It is a reality. The Soros family hedge fund is a $30 billion fund, and only family members are part of the fund. The Soros fund recently sold 35 percent of their stock holdings, and the fund increased its position in the gold market. Gold is the haven when a recession hits. The price of gold has jumped since the beginning of 2016 even though the U.S. stock market hit a record high. Many investors believe the stock market is artificially inflated, and the bottom could fall out any day.

Read more:
George Soros – CNBC

A Bearish George Soros Is Trading Again

That’s what Soros has been saying for months. He is basing his prediction on China’s bad debt situation, the European Union’s possible collapse, the UK leaving the European Union, and the migration and terrorist issues. The main catalyst, according to an article published by Forbes.com, is the China economic situation, and the fact that China is not transparent when it comes to releasing the real information. What Soros and other economists are saying is China’s government will be forced to use a large chunk of their capital reserves to keep their central bank solvent.

George Soros is betting that the Chinese will be forced to devalue their currency just like the Bank of England was forced to devalue the pound sterling in 1992. The Soros hedge fund made more than $7 billion when that happened, and Soros pocketed more than $1 billion in commissions. George and his hedge fund could make that much or more if the yuan is devalued.

The United States election will also play a role in the speed of the recession. According to Soros, Clinton is a better choice than Trump, but Soros has been a loyal Democratic donor for years. But Soros believes that no matter who wins, the recession is happening.

Learn more George Soros:
http://www.npr.org/sections/thetwo-way/2016/06/09/481378339/billionaire-investor-george-soros-sees-economic-trouble-ahead

http://www.businessinsider.com/george-soros-trading-again-2016-6

Securus Technologies is Bringing Light to Wrongdoings by GTL

Securus Technologies recently released the first report in what will be a series of reports outlining the wrong doings of Global Tel Link AKA GTL. In this report, Securus Technologies outlines how they have found GTL of being guilty of many different fraudulent activities. Some of these activities included programming clocks within their telephones at correctional facilities to add an additional 15 or 36 seconds to each call. This act as stated by Securus Technologies was both unauthorized and unlawful. They also outlined how they found GTL to be guilty of charging customers multiple times for a single call despite the fact that there is no existing authorization for activities such as double billing. All and all the wrong doings outlined in this report cost the taxpayers in Louisiana an estimated 1.2 million dollars. It made me very happy to see that there is a company out there dedicated to bringing these wrongdoings to light. When you have a loved one that is incarcerated your life is stressful enough and you should not have to be concerned with people trying to rob you for every penny that they can get. Securus Technologies is a prison technology company that was founded in 1986 and is based out of Dallas Texas. Securus Technologies currently employs over a thousand individuals in correctional facilities throughout the United States. Securus also provides inmate communication services as well as GPS solutions and more. Securus Technologies has also received an A+ rating and accreditation from the Better Business Bureau which only strengthens my confidence in the services that they provide as well as the claims that they had made against GTL. Thank you, Securus Technologies for helping to bring these wrongdoings to light which will hopefully force GTL to operate with better morals in the future.

The Best Part Of Laidlaw & Company Is Their Brokers

I did get to talk to Matthew Eitner about my finances, but he wanted me to just get an idea of what they do before he sent me to a broker. I do not have just one broker because I have been able to chat with and get help from all of these people. It felt really nice to get the help that I needed when I called, and I have been calling back for a couple years because I knew that I needed to find people that would be able to help me. I have been very lucky, and all the people know me by name.

It is nice to do business like this because I feel like I am in a place where I can always get personal service. Even someone new at the office learned who I was quickly. It was just a nice feeling to feel appreciated, and then you feel like you are a part of the Laidlaw & Company family. It is much easier for people to get the help that they need when they know that they can just call into the office like I do. It feels really nice to have these kinds of options.

The other things that I really like is that I have people all thinking of me like James Ahern! I have had more than one broker call in to check on me and see if there was a new investment I wanted to try. These are not even sales calls because they are so benign. It is very easy to get more work done when you have good people helping you, and I feel special because they do actually think of me. I am very thankful for all the people at Laidlaw & Company and how attentive they are to my needs.

Learn more:

http://www.prnewswire.com/news-releases/relmada-therapeutics-files-amended-complaint-against-laidlaw-and-its-principals-matthew-eitner-and-james-ahern-300209454.html

Lake Tahoe Resorts No Longer Facing Environmental or Political Threat

 

The Reno-Gazette Journal (RGJ) has recently reported news about an environmental and political battle that has taken shape at Lake Tahoe. Lake Tahoe’s north shore communities have been experiencing an epic drought, which has drastically affected resorts and businesses in the area. Furthermore, the residents of Lake Tahoe have been facing a political battle. Supporters have been wanting to incorporate the picturesque Olympic Valley, which is home to many winter sports in North America.

But more recently, supporters of Olympic Valley incorporation  have withdrawn their support for the incorporation of Olympic Valley. This is partly due to very severe snow storms that have taken a toll on the area.

Squaw Valley Ski Holdings and its CEO Andy Wirth have been against the incorporation of Olympic Valley. Incorporating Olympic Valley would have resulted in higher taxes. Furthermore, it would have resulted in a decrease in the maintenance services that are typical around cold climates, such as snow plowing services. Wirth suggested that incorporating Olympic Valley would have been a very poor business and fiscal decision.

But supporters of Incorporate Olympic Valley have said that Squaw Valley Ski Holdings had an ulterior motive for being against it. Supporters have suggested that Squaw Valley Ski Holdings wanted to build more residential and commercial buildings to improve its real estate. Moreover, Squaw Valley Ski Holdings did not want its residents making influential decisions on the use of the land and instead wanted it to continue to be controlled by the Placer County supervisors who reside in Sacramento.

But now that the incorporation of Olympic Valley has been put to a halt, Wirth hopes that the community will focus on other issues, such as transportation.

As the President and CEO of Squaw Valley Ski Holdings, LLC, Andy Wirth works hard to make the ski resort at Lake Tahoe the most sought after resort in the world. According to his about.me page, Wirth is a huge supporter of many environmental causes. He works to create a resort at Lake Tahoe that its residents of all ages can take pride in. According to his page, Wirth received his education at Colorado State University and Edinburgh University.