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Will George Soros Break the Bank of England Again?

Posted June 6, 2008

“He’s back and guess what he’s betting against once again? The British pound.” — Sean Hyman

by Sean Hyman

Baltimore – (TFN): Remember George Soros, you know… the billionaire who got his “celebrity status” by betting against the British pound?

Well he’s back and guess what he’s betting against once again? The British pound.

He supposedly made over a billion dollars off that one trade even though the Bank of England tried to fight against him.

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American Debt Crisis Set to Implode

Ben Bernanke is just DAYS away from unwinding the world’s biggest bet -and his actions could spin markets into a “deflationary, global collapse.”

To learn his dirty little secret - and grab potential gains of 319% or MORE, read Jack Crooks’ latest report.

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For months now, both my colleague Jack Crooks and I have called the British pound the “dollar of 2008″…well, it looks like Soros feels the same way. Read on to learn why.

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Posted by Sean Hyman · Filed Under International Investing 

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