The true story of Soros the Golem
Executive Intelligence Review SPECIAL REPORT April 1997
George Soros is not only one of the world's leading megaspeculators; throughout his entire life up to this day, he has served as an "errand boy" for the Anglo-American monetarist establishment, running looting operations against the nations of Eastern Europe, as well as attacks against the sovereignty of nations ... in September 1992,
"in an eyeball-to-eyeball confrontation with the Bank of England," Soros destroyed the British pound and the Italian lira and made $12 billion in profit from his speculation, as he later bragged in an interview....
Using leveraged loans, Soros raised $40 billion to outspend the Germans. How he was able to do this, remains a mystery:
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First, there was the fact that a speculator like Soros is able to borrow on a margin of 5%, borrowing $1 billion for just $50 million.
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Second, Soros had ties to those very British oligarchic circles (epitomized by the Rothschilds) which wanted to undermine the Bundesbank, at the same time that they considered the pound sterling to be overvalued.
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Third, Soros had extensive lines of highly leveraged credit with banks like Citibank N.A., which is one of two custodians of Quantum.
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Fourth, U.S. intelligence sources charge that Soros has access to a "hot money" crowd in Israel, politically associated with the Eretz Yisroel goals of Gen. Ariel Sharon. These provide some leads as to how Soros was able to beat the Bundesbank and destroy the ERM.
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