In March 1993, Soros' activities became known when he predicted a rise in the price of gold. It is assumed --since this started a buying spree in precious metals --that this drove the price up 20% over the highest price since the Gulf War.
In the beginning of June 1993, he wrote an open letter to the business editor of the London Times, Anatole Kaletsky, announcing that he intended to urge the money markets to sell large amounts of German government bonds in favor of French stocks. Which means: Down with the German mark and attack on the Bundesbank!
In several newspapers across the world Soros is praised as a kind of "Robin Hood of the Computer Age", since by speculation he takes from the rich nations in grand style to hand out to Eastern Europe and Russia via several Soros Foundations, to prepare the way for "Democracy" in those "poor" countries that had been bled dry by communism.
Who then is Soros? The official story says that he was born in 1930 to Jewish parents and as a teenager had been chased from Budapest by the Nazis. He enrolled at the "London School of Economics" and in the mid-50's came to the U.S. There he was magically drawn to Wall Street, but his career until 1969 was unspectacular. Then with a partner he took over an investment fund. He sold stocks he didn't own as futures, hoping that their price would fall nearer the qualifying date and that he could aquire them at a price lower than his selling price.
From this fund the "Quantum Group" evolved, a family of investment funds operating from the Dutch West Indies. Quantum is one of the most impressive "investment machines" in the world. In 8 of the last 24 years it made an "official" profit of over 50%, in 2 of those years even over 100%.
In the meantime Soros handed business over to a group of managers and limits himself to designing the "great campaigns". He put down his princples in the book, "The Alchemy of Finance", where he says what "financial speculators think more important than real economic facts". But this is but the picture the media -- and we know who owns them -- paint of him. Who is he in reality?
William Engdahl knows this to say about him:
"Soros speculates on the world's financial markets via his secret off-shore company, 'Quantum Fund NV', a private 'investment fund' that handles a portfolio of $4-7 Billion USD for several 'clients'.
The Quantum Fund is registered in the tax haven of the Netherland Antilles in the Caribbean. In order to evade control of his financial activities by the U.S. administration not a single U.S. citizen sits on the board of Quantum. It's directors are a curious mixture of Swiss and Italian financiers...
Soros has been identified as a front man of the Anglo-French Rothschild banking group. Understandably neither he nor the Rothschilds want this important fact to be public, so the tight links to his friends in the London "City", in the British foreign ministry, in the state of Israel and to his mighty friends in the American establishment would stay concealed."
Among the members of the board of the Quantum Fund is one Richard Katz. He is, at the same time, head of the "Rothschild Italia S.p.A." in Milan and is also on the board of the commercial bank "N.M. Rothschild and Sons" in London.
Another member of the board is Nils O. Taube. He is a partner in the London investment group "St. James Place Capital" which counts Lord Rothschild among its main partners. A frequent partner of Soros in several of his speculations -- especially in the driving up of the gold quotation-- is Sir James Goldsmith, a relative of the Rothschilds dynasty.
On the board of Quantum we also find some heads of some highly "discreet" Swiss private banks (who help the syndicates of organized crime--weapons and drugs--to launder their money).
Then there is Edgar D. de Picciotto, head of the Geneva private bank "CBITDB Union Bancaire Privee", a main player on the gold and investment markets, Isidoro Albertini, head of the Milan stockbroking company "Albertini and Co.", Beat Notz of the private bank "Banque Worms" at Geneva, Alberto Foglia, head of the Banca del Ceresio" at Lugano.
In the course of the recent political corruption scandals in Italy it was found that several Italian politicians kept their money at the "Banca del Ceresio". Apparently Soros had more than just insider knowledge about the weal points in Italian politics when he attacked the lira in Sept. 1994.
William Engdahl explains: "Soros' connection to the ultra-secret international finance circles of the Rothschilds is not just an ordinary or accidental banking connection. The extraordinary success Soros has on the high-risk financial markets cannot simply be explained with "gambler's luck". Soros has access to the "insider track" of the world's most imporatnt information channels, both government and private."
Ever since the Second World War the Rothschild family tried to disseminate an aura of insignificance about themselves. But behind this one of the mightiest and most obscure financial groups of the world.
The Rothschilds spend alot of money to cultivate the picture of a wealthy aristocratic family leading a quiet life where one loves French wines and another engages in charitable trusts.
To experts on the "City," N.M. Rothschilds and Sons is most influencial in the faction of the British secret service establishment closely linked with the neo-liberal Thatcher wing of the Tory party.
In the 1980's N.M. Rothschild & Sons made several Billion US$ from the privatization of British state-owned industries they conducted for Mrs. Thatcher.
The Rothschild bank is also at the center of world gold trade: In this bank the gold price is fixed twice a day by the five most influencial gold trading banks.
But N.M. Rothschild & Sons is also entangled in some very dirty secret service operations dealing with "drugs vs. arms". Because of it's good relations to the highest places in the British secret service the Rothschilds succeeded in preventing their complicity in one of the worst illegal secret service networks, the BCCI (Bank of Credit and Commerce International) was never mentioned.
In reality the Rothschilds bank belonged to the inner circle of these international money laundering banks of the CIA and M16 that financed in the 70's and 80's CIA projects like the "Contras" in Nicaragua".
William Engdahl : "Was stecht hinter den Wahrungskriegen des George Soros? (What Is Behind the Currency Wars of George Soros?), EIRNA-Studie "Derivate -Die finanzielle Wasserstoffbombe der 90er Jahre" (Derivatives --The Financial Hydrogen Bomb of the 90's).
The influencial Chairman of the Banking Commission in the U.S. House of Representatives, Henry Gonzales, chided the Bush and Reagen administrations for refusing to prosecute the BCCI. In addition the Dept. of Justice repeadedly declined to co-operate in the Congressional investigations into the BCCI scandal and the closely linked scandal of the "Banco Nazional del Lavoro" (BNL).
This bank had made billions of dollars from loans that Bush had granted the Iraqi government shortly before the Gulf War. Gonzales had said that the Bush administration had had a Department of Justice which he thought "the most corrupt, most unbelievably corrupt Department of justice that I have ever experienced during my 32 years in Congress".
After the BCCI had been openly accused in the media for transgression of several laws, the New York prosecuting attorney Henry Morganthau announced official charges against the BCCI. Morganthau accused the BCCI of the "biggest banking fraud of the financial world. The BCCI during it's 19 year history operated as a corrupt criminal organization."
One of the directors of the BCCI, the Saudi-Arabian Shiekh Kamal Adham, had been the head of the Saudi secret service during the time Bush headed the CIA.
Not a single Western newspaper has so far uncovered the fact that the Rothschilds group linked with George Soros was at the hub of the vast illegal network of the BCCI.
The key person in these activities was Dr. Alfred Hartmann, the managing director of the Swiss branch of the BCCI (Banque de Commerce et de Placement SA), head of the Zurich Rothschild bank AG and member of the board of N.M. Rothschild & Sons in London. He was also on the board of the Swiss branch of the Italian BNL and was vice-chairman of the "N.Y. Intermaritime Bank" in Geneva.
A friendly secret service man who had worked on the "Soros" case disclosed that in Sept. 1993 Soros had amassed along with a group of "silent partners", a f0rtune in excess of 10 Billion dollars to use as a lever to unhinge the European currencies.
Among the partners apparently were the little known metal and oil dealer Marc Rich and the Israeli arms dealer Shaul Eisenberg. For decades Eisenberg has been working for the Israeli secret service and has important arms deals in all of Asia and in the Near East.
A third partner of Soros is Rafi Eytan who before was the Mossad connection to the British secret service in London.
Basically George Soros is another tool for economic and political warfare in the hands of the Rothschilds. He is among those circles who three years ago started a malicious "Fourth Reich" campaign against the re-united Germany: Soros is very anti-German.
In his 1991 autobiography "Underwriting Democracy," Soros warned of the danger that a reunited Germany could disturb the (power) balance in Europe...It is easy to see how the situation that existed between the wars could come up again. A reunited Germany becomes the strongest economic power and developes Eastern Europe as its habitat.... a terrible "witches brew".
His US contacts put Soros very close to the financial and secret service circles around George Bush. His most important deposit bank and main lender during his attack on the European monetary system in Sept. 1993 was CITICORP, America's largest bank.
Soros called upon the international investors to unhinge the Deutsche Mark. When in late 1989 a reunification became probable, a high ranking Citicorp manager who before had been advisor in the Dukakis campaign said: "German unity will be catastrophic for our interests. We have to take action to insure a decline of the Deutsche Mark by about 30% so that Germany will not be able to built up Eastern Germany to become the economic factor within a new Europe."
According to his associates Soros has "an incredible ego". He descibed how during the war in occupied Hungary he could not have survived as a Jew, so he had taken on a second identity.
What he did not say, however, was that he let a man shield him from persecution who did wealthy Jews out of their possessions, and that Soros lent him a hand.
This is how he "survived" the war, leaving Budapest only two years after it had ended. Although he himself and the Jewish owned media are quick in attacking all his opponents, especially in Eastern Europe, as anti-semitic, his Jewishness is based on parts of the Talmud rather than on his links with Jewish religion or the Jewish people. Outwardly Soros supports a whole spate social activities, like "peace concerts" with Joan Baez, stipends in Oxford for young Eastern Europeans etc...
But reality presents a different picture. Soros is personally responsible for the chaos and "shock therapy" caused in Eastern Europe after 1989. He foisted ludicrous draconian measures upon the weak governments there, which enabled him to buy up resources in wide parts of Eastern Europe at rock-bottom prices.
Take Poland as an example:
At the end of 1989 Soros organized a secret meeting between the communist regime of Rakowsky with the leaders of the then illegal opposition union organization Solidarnosc. The plan he presented to both sides is as follows:
* The communists should let the opposition Solidarnosc take over the government to win the confidence of the people.
* Then the state should deliberatly drive it's own industries and agricultural business to ruin by applying astronomical interest rates, by withholding the necessary state loans and by lumbering the companies with debts they could never repay.
* Then Soros would get his rich international business friends to come to Poland and buy up the now privatized state companies.
The most recent example is the huge steel company "Huta Warsawa", which today, so steel experts say, would cost about 3 to 4 Billion US$ to build if it was built by Western companies. A few months ago the Polish government agreed to take over the "debts" of Huta Warsawa and to sell the company now free of debts for 30 Million US$ to the Milan company Lucchini.
To instigate his plan Soros used a young friend, the Polish-Jewish economic advisor Jeffrey Sachs who however could not begin his advisory work in Poland because so far he could only show advisory work he did in Bolivia.
So Soros set up another one of his many foundations, the "Stafen Batory Foundation", which then in turn was the official client for the advisory work of Sachs in Poland (1989-90).
In Soros' own words he has worked or still works with the main advisor of Lech Walesa, Bronislaw Geremek, with General Jaruzelski, Professor Trzeciakowsky, a secret advisor to the new Polish minister for finanve and economy Leszec Balcerowicz, and with the latter himself.
Soros admits that he had known that his economic "shock therapy" in Poland would lead to severe unemployment, to the closing of factories and to social tensions. That is why he insisted that Solidarnosc take over the government. Through his foundation he could approach the most important opinion makers in the media, like Adam Michnik, and his collaboration with the US embassy in Warsaw enabled him to censor the media which proceeded one-sidedly to support his "shock therapy" and opposed any criticism.
Russia and the CIS states:
Soros led a delegation to Russia, where he had been collaborating with Raissa Gorbacheva since the 80's, to set up a further Soros foundation, "The Cultural Initiative Foundation". This is a further vehicle for him and his Western cronies to enter the highest political echelons tax-free and proceed to "buy" the most important political and economic personalities of the country.
After a failed attempt with Gorbachev 1988-1991 he changed over to the circles around Yeltsin. And again it was Soros who introduced his "shock therapy" aided and abetted by his friend Jeffery Sachs.
From Jan. 2, 1992 onwards Sachs "shock therapy" brought an unprecedented chaos and a forseeable hyper-inflation to Russia which was followed by the best scientific research institutes fleeing to the West.
Under the Soros plan, Igor Gajdar and the Yeltsin government shorted subsidies to industry and agriculture drastically, despite all of economy being a state-economy. The goal announced was a deficit-free budget within 3 months. There were no more loans for industry, the companies accrued astronomical debts and the rouble inflation went out of control.
Soros and his friends immediately profited from the situation. Marc Rich, the world's largest aluminum dealer, started to buy up alot of Russian aluminum at incredibly low prices with which in 1993 he proceeded to flood the market in the industrialized countries and thus caused the price of aluminum to plummet by 30%.
This is just one example of the Soros exploitation.
When Istvan Csurka, parlamentarian of the national-socialist opposition, tried to protest the destruction of the Hungarian economy by the strategies of Soros and his friends, he was branded an "anti-semite" and in June was excluded from the governing Democratic Forum.
At the beginning of 1990 Soros --in cooperation with the IMF--in what was then still Yugoslavia put down the gauntlet for what then escalated into a war.
Soros is also a friend of the then secretary of state Lawrence Eagleburger, the former ambassador to Belgrade and patron of Slobodan Milosevic.
Eagleburger was formerly chairman of "Kissinger Associates" on whose board Lord Carrington (Committee of 300) member also sits. The latter's mediations have directly fueled the Serbian aggression against the Croats and the Bosnians.
Today Soros has foundations in Bosnia, Croatia, Slovenia, and a "Yugoslav Soros Foundation" in Belgrade/Serbia. In Croatia he uses funds from his foundation to hire influencial journalists or to discredit opponents of his "shock therapy" as anti-semites or neo-nazis. (From the EIRNA study "Derivatives")
(Excerpt from "Secret Societies and their Power in the 20th Century" By Jan Von Helsing)