George Soros, the renowned hedge-fund king pin, is disliked for all kinds of reasons. His funding of a chain of leftist political causes is one of the top reasons for his widespread unpopularity. But his enemies still admire him for one simple reason. His prediction that very soon, the US stock market will collapse.

In fact, Soros has just increased to more than $2 billion his financial bet that U.S. stocks will crumble, a move called shorting? the market by betting against good times. Hes been raising his short bet since last year.

George Soros is displaying a peculiar confidence in shorting. SEC records show an increase to 11.3 million for his Soros Fund Management position. These rankings show performance alongside other firms operating in the S&P 500 exchange-trading space. The move represented a 14 percent leap to 17 percent up from a mere 3 percent.

The dollar position soared from 299 million to 2.2 billion dollars for his portfolio. This represented his single biggest move.

It is evident that the famous and savvy money manager has observed something in the stock market that other investors cannot see. The trend in the stock-market appears to be mirror of how we look at things, too, here at Real Money USA. The economy is showing slow growth, an encroaching government, rising geopolitical conflicts and a federal budget deficit that is spiraling out of control. The solution to these challenges appears not to concern any political party in Washington, D. C.

Anticipating A Global Meltdown

Soros has studied the market and seen the signs of another financial crisis. Its magnitude is scary since it will be more devastating than what happened in 2008. We share a similar opinion.

Interestingly, Soros at the same time has been doing something else with his resources: investing more in gold as a hedge against the disaster that he apparently sees coming. He nearly doubled his ownership in a U.S. gold-mining company’s exchange-traded fund and initiated new stakes in other gold producers, Reuters reported.

God’s Money Is Gold

You do not have to enjoy the insights of a George Soros to see the approaching financial storm. This makes it prudent to protect your hard earned wealth as best you can. Your money is a trifle amount compared to the billions George has to spare from his deep pockets. It is, therefore, paramount to invest in solid long term plans like gold and silver coins and other such valuable and solid financial instruments.

Learn more about precious metal investing. Stop by Anne Trimble’s site where you can find out all about gold and silver and what it can do for you.