How sweet it is! That might just be what Glenn Beck is thinking about George Soros these days. For years, Spooky Soros funded Media Matters for America, has had a shiny red target right smack in the middle of Glenn Beck's back. While Beck was at FOX News with his ratings hit 'The Glenn Beck Program', the heat from Media Matters never let up. On any given day, there could be upwards of ten Beck stories posted! They were relentless in their efforts to discredit him. They even tried to take partial credit when Beck left FOX to start his very successful GBTV (soon to be 'The Blaze' like his news website).
While Media Matters made good points here and there, they were blinded by the gold, Goldline International, Inc., to be exact. Goldline is a retail seller of gold, silver and other precious metals, and they advertise heavily with conservative radio and media. In 2010-11, Media Matters accused Beck of trying to scare people into buying gold. Again, with multiple reports on their website. Commentors pointed out how Soros himself said that gold was the "ultimate asset bubble".
Soon after, in 2011, it was discovered that George Soros had invested in gold and was dumping it. Apparently, he's changed his mind again...or he's creating and exploding that 'bubble' himself. Soros increased his position in GLD to 884,400 shares from 319,550 shares according to his Form 13F Report. Is he admitting Beck was correct about Gold being a wise investment? The newly engaged Soros also sold all of his equity positions in major financial stocks. A weird twist is the 341,000 shares he has in Facebook, a company that is unprofitable. Shares in Wal-Mart? Why, they're not even union! Sounds like he might be expecting something. Maybe he should check in with Glenn Beck to see what's up. He might have to wait till Beck stops the smug laughing.
Â© Margie Wilson-Mars 2012 for Gather News