The not so Secret Sell Off…. Do the Super Rich Know that the Economy is about to Tank?

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Despite government assurances that the economy is on the mend, a number of the world’s richest people have been quietly dumping their American Stocks.

Billionaires who are dumping their stocks:

stock market ticker arrow pointing downWarren Buffett, who has been the current administrations top ally when it comes to propping up the markets, might not be as optimistic as he pretends to be in public. In fact, Buffet has recently begun to dramatically reduce his exposure to stocks that depend on consumer purchasing. He has reduced his stock exposure in these companies by over 21% and has even sold of his entire stake in the computer parts company Intel (7,745,000 shares).

The controversial billionaire George Soros, has also been moving at a frenzied pace to sell off his stocks in all financial companies.  According to his SEC filings, Soros dumped his entire stake in all major financial stocks. He completely dumped  Citigroup (420,000 shares), JP Morgan (701,400 shares) and Goldman Sachs (120,000 shares), leaving himself with no exposure to the American financial markets.

Interestingly, at the same time Soros started dumping these financial stocks, he started pumping major money into the Gold markets. During that same period, Soros more than doubled his investment in the SPDR gold trust ETF.

History is filled with examples of why we need to take notice….

It’s really not a secret that these billionaires can literally manipulate the markets into doing their bidding. When the average two-bit thief does it, they call it the pump and dump. This is when a scam artist buys a number of shares at a low price and then starts spreading rumors about how that stock will hit new highs.

As the price of the stock goes up, the scammer sells his stocks, leaving the investors who got caught up in the scam holding the worthless stocks as the company tanks. When these billionaire investors do it, the powers that be consider it standard operating procedures.

When these people start making moves, you really need to take notice. I’m not saying you need to panic, after all and as noted in the example above, that may be exactly what they want you to do. But one thing is for sure, when these people act, they do so for a reason. In fact, many say the 1929 stock market crash could have been predicted by watching what the insiders at the time were doing. Probably one of the most famous examples of this is the Kennedy family.

Joseph Kennedy, father of the late John. F. Kennedy, made the family’s fortune by selling off all his stocks right before the 1929 crash. The carefully crafted media tale, says that Kennedy decided to sell his stocks after overhearing shoeshine boys speculating on the stock market. But if you believe that then I’ve got a bridge to sell ya!

The fact is, the people in power know what’s coming well before the suckers, who follow their every move, ever have the chance to make their own moves.

Do these Billionaires know something that the Government isn’t telling us?

In my opinion, the writing is on the wall. As we have pointed out on many occasions in the past, this deck of cards is just waiting to come crashing down.

16 trillion in debt, 46.7 million on food stamps, 49 percent of Americans who receive at least one government benefit, and a real unemployment rate that is closer to 22%; the real economic numbers show that not much has changed since the 2008 financial crisis. In fact, things seem to be getting worse as our country falls even deeper into the financial abyss.

Comments

16 Responses to " The not so Secret Sell Off…. Do the Super Rich Know that the Economy is about to Tank? " Please share your thoughts...

  1. Josh says:

    I suppose it’s time to start buying goats, cows, sheep and chickens so I have something to retire on.. literally..

    • Bob says:

      Actually, if you read some of the other articles posted on here, and news stories online, doing that may get you targeted by the gov’t. They seem to be going after anyone who isn’t directly associated with them, that is trying to do any kind of farming; whether plants or animals.

    • I lol’d when I first read this… then I just got sad because I realized you’re probably right.

    • Tobias says:

      You’re right there Josh

  2. Jeff says:

    Joe Kennedy made the money to put into the stock market by bootlegging during prohibition.

    • Mike says:

      Yep, Joe Kennedy anchored boats 12 miles out in international waters full of booze

  3. John says:

    Shits Crazy!

  4. johnny boy says:

    In the interim it may go down, october historically is a bearish month. but we have to keep federal reserve in mind. they keep printing money to pay off debts and bail out the banks. so what will most likely happen is you’ll first get a move down, then after they bail out and print the money the market will rally like you’ve never seen before. as long as they keep printing money out of thin air, inflation on everything is in the cards. check out Weimer republic (germany) 1920′s inflation. everything went up including stocks because of money printing

  5. rev. dave says:

    One of the currently most profitable industries in the country is FIREARMS and AMMUNITION. So if you’re still into equities, buy stocks in the companies the feds and state and local cops buy from.

    Otherwise, yes, there is almost certainly some kind of crash coming. Financial looks likely, but when the money stops flowing, so will oil and food and everything else. And if the oil stops, so will everything else also.

    (BTW, there are 9000+/- banks in the US alone, so a ‘banking crash’ is phony. Banking will have to ‘go local’ while the big boys – about 2 dozen – crash and burn, but money will still be able to flow, just not as fluidly for a while. However, the government and the big institutions will do all they can to squeeze their continued profits from taxpayers instead of taking their lumps and letting the market move to local banks.)

    So buy that little farm. But also invest in lead and brass via factory ammo. The feds may not like small farmers (Agenda 21 doesn’t either), but supermarkets have a 3 day supply on average, so unless they immediately come out into the country in force after you, they’ll be too busy on day 4 to even think about small farmers except maybe as a source of some food for the rioting city folk. Just try to be more than a half-tank of gas away from the city, and you’ll be fine.

    • Tobias says:

      Excellent analysis Rev Dave

  6. Prepping Preacher says:

    i’ve no proof but i believe many are dumping because they are trying to make it tank in order to profit from the crash… it happened in the ’20′s so why not now too… we’re currently canning various preps of 100+ lbs of tomatoes: sauces, stewed, whole… gotta giterdun, folks, time is getting very short… we also cancelled our 4 week vacation originally planned to start next week till post-election – nothing is certain at this point… we’re taking the $$$ for the vac and putting it into preps on our property…

  7. Howard says:

    You bet they know and are taking advantage of it. Friends in the food storage industry say a lot of food is moving toward people with big money.

  8. jboy says:

    It is coming, the feds are gearing up for it and will be closing roads to stop the hoardes from killing one another, but they will have to let people continue to commute to work. There is going to be a lockdown like you could not imagine but our government does it in opther countries all the time. Dont be scared of looters coming for your stuff it will be officals that you will have to look out for, especially the ones that want to know why you arent receiving aid, so huddle with the masses and pretend to be dependent.

  9. skiddalz says:

    What kind of time frame are we looking at? And why now and not 4years ago?

    • deerhunter says:

      Goggle “fema camps” very interesting and scary reading

  10. John J. Publicus says:

    And yet…

    Here is is at the end of July 2013 and no market crash. In fact it’s going stronf
    Ger than ever-especialy the big bank stocks. Wonder why? Oh, and ol’ Warren has tripled down on BOA and others of the big six. Wonder why?

    Guess its not a sell off after all…. Though we did have a 6% correction. Is this what chicken little was yelling about?

    Pretty lame….

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