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Now Soros Buys Coal......

sijoint

HB Heisman
Gold Member
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Obama is making sure he and his supporters fleece the country on their farewell tour.

He doesn't want to leave the White House broke like the Clintons...
 
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This is a curious story as both investments by GS are completely insignificant in size for him. Soros is just as full of shit as anyone. He is a capitalist at heart.

I have wondered for about the last year what will happen to the coal assets in this country. The last several cyucles saw some bankruptcies and then the sector came back, restructured and flourished. There is a lot of talk now that maybe they will never come back as the fuel is simply too expensive given where natural gas is now and will be for the foreseeable future.

I would bet that the mines will be bought up again but with oil and gas prices falling there is no huge rush to do anything.
 
Since it is now fact that coal stocks will soar, shouldn't we all be buying coal stocks instead of bitching about others making money off of them?
 
Since it is now fact that coal stocks will soar, shouldn't we all be buying coal stocks instead of bitching about others making money off of them?
Why will coal stocks soar? They are down a bunch this year. If BHO plans continue there will downward pressure the rest of the year also
 
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http://www.foxnews.com/us/2015/08/1...coal-as-stock-prices-hit-bottom/?intcmp=hpbt2

Now (with the help of Obama) he's driven the price of coal down so far he's ready to buy it. :rolleyes: Do you really believe in climate change Mr. Soros? There's that term hypocrite again. Now we can see why pushing the idea of climate change is so important to the Democrats.......MONEY!

http://www.foxnews.com/us/2015/08/1...oal-as-stock-prices-hit-bottom/?intcmp=hplnws
This is America!
 
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