Billionaire Investor George Soros Goes For Gold

There has been a lot of speculation as to why billionaire investor George Soros has cut down on his investments in the U.S. stocks by over a third and banking on gold. According to a report on government filing by Bloomberg, the publicly disclosed holdings of Soros Fund Management have dropped to $3.5 billion which is more than 37%.

Soros Fund Management on has reported that it currently owns bearish options contracts all on 2.1 million shares of SPDR 500 ETF Trust. At the end of March, the fund bought a stake worth $264 million, in Barrick Gold Corp, the world’s biggest producer of Gold metal. The purchase of 1.7% of Barrick hence being the fund’s largest listed holding in the U.S.

George Soros like Stan Druckenmiller, his former chief strategist, can be said to be bullish. Stan has been reported saying that the metal is his largest currency allocation at such a time when even the bankers cannot trust the trend of the interest rates. Gold prices have a history of being robust and predictable.

According to a Bloomberg generic pricing, the biggest surge of 16% in Gold prices since 1986 happened in the first quarter of this year. Read more about this on Shares of Barrick which is based in Toronto have doubled this year. The miner has been employing significant cost cutting efforts and reducing g debt. Since March 31, Barrick has been up 39 percent.

Five years ago George Soros started returning money to his firms outside investors and left the New-York based firm only to manage his wealth. Though Michael Vachon his spokesman has declined to comment on the company’s holdings, there are reports that Soros has sold stakes in his big investments. This includes an interest in Communications Inc, which as of Dec 31 was worth $173 million, a stake in Dow Chemical Co. with a value of $161 million. The stakes in Delta Air Lines Inc and Endo International Plc have also been divested.

But Soros Fund Management is not the only investor cutting down their investments of U.S listed stocks. In the last quarter, Citadel Advisors, Glenview Capital Management, a hedge fund run by Larry Robbins and Millennium Management have also done the same. Citadels value of equity holdings fell by 29 percent, Glenview’s by 22 percent, and Millenniums’ b 17 percent.

George Soros, a hedge fund manager, turned philanthropist is a renowned investor since he made $24 billion by savvy market wagers. He is vocal on different issues especially those affecting the European Union like the immigration crisis and the Chinese debt. Soros warned of risks that could stem from Chinese debt-fueled economy. He compares it to the U.S economy in 2007-2008 at the start of the biggest global financial crisis.

Divisive Battle To Incorporate Olympic Valley Is Officially Over

Finally the residents of Olympic Valley can breath a sigh of relief as the battle to incorporate their city is officially over.

According to an article published on the Reno-Gazette Journal website, the incorporation battle has been very divisive. While some in the community were for it, there were just as many who were against it.

Andy Wirth, the president and CEO of Squaw Valley Ski Holdings, LLC, was one of the locals who was totally against incorporating Olympic Valley. Wirth believed incorporating the city would have been a direct threat to both residents and businesses. In his opinion, such an effort would lead to higher taxes and a decrease in important services that local residents depend on.

To help fight incorporation efforts Squaw Valley Ski Holdings spent hundreds of thousands of dollars. Needless to say, incorporation backers were not happy Squaw Valley Ski Holdings was spending such a large sum of money to prevent them from incorporating the city.

Backers believe Wirth and his company had self involved motives and that’s the reason they put up so much money to prevent the incorporation from becoming a reality.

Fred Ilfield, the organizer of the incorporation drive, wrote in an email that he and many other people believe Squaw Valley Ski Holdings was opposing incorporation efforts because they didn’t want to have to answer to a future Town Council.

Wirth of course rejected this idea and made it very clear incorporation backers spent just as much as his company did.

Either way, when it boils down to it, it was the California Local Agency Formation Commission that decided the incorporation plan was not viable.

Now, with the incorporation battle behind them, Wirth hopes the community can heal and move on.

Who Is Andy Wirth?

Andy Wirth has been connected to the mountain resort and hotel industry for the majority of his life. He grew up around it and built his entire career around it – Squaw-Alpine boss looks to turn page on ‘divisive’ fight.

In 2010 he was officially named the new CEO of Squaw Valley ski resort. As soon as he took on the position, he was forced to deal with a $70 million upgrade project that was already in the works. The purpose of the upgrade was to ensure the resort was up to par and able to compete with other ski resorts in the industry.

Though this was a big project, Wirth had over 25 years of experience to fall back on. After being on the job for just one year Wirth was able to rebuild the reputation of Squaw Valley and get it back into the top 20 percent of ski resort.

Wirth is also a philanthropist and gives to environmental and community service organizations in and around the Lake Tahoe area.

True Leadership


The telecommunications giant, Coriant first emerged in 2013. The company functions as as optical transport vendor, and utilizes a trifecta of technology conceived in concert via Tellabs, Siemens Optical Networks (NSN ON), and Sycamore Networks. Today, Coriant has evolved alongside the ever-changing developing business world which is now dependent on cloud based tech. The core of Coriant’s history was shaped at the Transmission Technology, also known as Siemens started in Munich, Germany, where technology called Plesiochronous Digital Hierarchy or PDH shifted into Synchronous Digital Hierarchy, or SDH. Today, things have further evolved, and many know the technology behind Coriant as OTN or as part of the optical transport network, a regulated body of encapsulation and multiplex hierarchies all collectively kept in check Coriant is currently paving the way, with network operators in over one hundred countries. Their work speaks for itself, and they have earned a place as a dependable base that assists thousands upon thousands of networking organizations around the globe. While one can talk almost endlessly about the innovative benefits behind Coriant’s groundbreaking technology that has been years and the making, and has required prfound talent, it also important to look at the company’s leadership with CEO’s like Shaygan Kheradpir who has continued to push Coriant in a positive direction and as seen it heralded for it’s consistency.

Shaygan Kheradpir is mostly known as the CEO of Coriant. While he grew up on Iran, he was born in London. His father was a successful ear, nose, and throat physician. Later, Shaygan Kheradpir travelled to the United states and attended Cornell, where he got bachelors and masters degrees in electrical engineering.

In the late eighties, Kheradpir started working at GTE, where he eventually became the chief information officer. In the early aughts, after years of success, Bell Atlantic and GTE joined to become Verizon Communications, and Kheradpir became the CTO in addition to his role as the CIO. As well as Verizon, he is known for his work with Barclay’s and Juniper Networks. Furthermore, he has worked with the NIST and Cornell University’s Engineering Council.

Find out more about Shaygan Kheradpir at

Darius Fisher, Preserver of Professionalism

Darius Fisher, a digital crisis expert and also President and co-founder of Status Labs, is a modern day success story. Status Labs is a digital marketing, public relations and online reputation management company that more or less does the exact same thing Kerry Washington’s team in the ABC drama “Scandal” does for a living. Status Labs seeks to prevent damage to internet presence, offering their own type of insurance away from what we would normally define.


Fisher himself seems to be the ultimate fixer, taking Status Labs from nothing and building it from the ground up. The company now contains more than thirty employees and has branches in both São Paulo and New York. While the company is based out of these two major cities it also has clientele from a selection of thirty five different countries worldwide, meaning that Status Labs is a global company whose web encompasses a large portion of the Earth.


Public relations are a main factor in what Status Labs and Darius Fisher are all about, being able to not only work alongside individuals in preserving positive internet profiles but also assisting in modeling successful presence within the realm of reality. Fisher and his company work on polishing the outward appearances of high profile clients such as politicians, executives and public figures.


Fisher is a success because he builds upon the positive achievements of his clients, allowing unfortunate mistakes to be swept away by material that matters. An example of this is when he assisted a businessman who had just gone through a messy divorce. Instead of focusing attention on the divorce Fisher opted to center directly on the businessman had done, such as his personal achievements and interests. By custom tailoring websites and looking towards developing a rich social media presence online, Fisher was able to harness the shining aspects of the man and revealed him to the public as an asset to society as opposed to a pariah.


Darius Fisher and Status Labs offers individuals a second chance at salvaging a damaged professional and personal life, an end product that is quite admirable.

More information for Darius:


Autism Rocks Finding The Way Out Of The Autism.

Shah Sanjay is a philanthropist who started the charity work because of his young son, Nikhil. His youngest son developed abnormal behavioural change that made the wealthy family take a step towards the hospital. First, the boy was taken to Dubai hospital where he was taken under intravenous fluid replacement by the Doctors. The family made a Quick decision and referred the boy to Portland Hospital where he found to suffer from Autism disease.
To solve the neurological disorder the family had to hire a highly –skilled therapist to therapy the boy for not less than 5 years. The Shah family went on and hired the doctor whom they paid him dearly after the prescribed time was over. Usha the wife of Shah Sanjay supported the idea of his husband to help the needy ones especially those suffering from autism.
The family went to Dubai Autism center where their son had received the treatment and donated two Hyundai vehicles for ferrying the autistic kids to various destinations where they are needed. The minibuses were postured a big photo of the boy as a sign of appreciation to the Shah family. Shah Sanjay vowed he would curb autism by all means, first started Autism Rocks Company that raised money to aid in research on the disorder
Shah a British millionaire who gambled in brokerage hedge fund that gives him $19 million made his name appear on the news headline. He is a London-based trader who retired to join the charity work. He started Solo Capital from scratches and now today it is one the top most hedge fund company. Mr. Shah a highly professional finance strategist left his accountant job at Merrill Bank Lynch because it wasted his time and ability.
He found out that he could focus on his family as well as the music that will raise money to reach more people and create public awareness on the Autism. Shah has also looked forward to establishing a good rapport with his friends to help him raise enough donations to reach the increasing number of the autism kids.


Read more about Sanjay Shah and Solo Capital:

How Talk Fusion Is Changing The World

Talk Fusion is the brainchild of Rob Reina, founder and CEO of the marketing company. They’ve been a very successful enterprise over the last nine years. Founded in 2007, Talk Fusion can boast 140 separate countries have been influenced by them. It’s a good thing, too, as the company is part of the DSA (Direct Selling Association) via business practices of an ethical nature. Bob Reina is interested in making a positive global change with his technology. He wants family and communities to be upheld and strengthened. Regularly, Talk Fusion gives to a variety of charities across the world; including animal charities. The idea is inducement of positive change.

All that sounds very good, but what does Talk Fusion actually do? Well, in a recent article from Business For Home, the innovative technology is explored in brief detail. Talk Fusion basically works as a means of multi-platform social interaction via high-definition video which can be used on multiple platforms. Talk Fusion is something which can be uploaded on a Windows computer, on a Mac, on Android software, and on varying tablet operating systems. The idea is to be cross-cultural in every sense of the word, and that’s one of the reasons technology making Talk Fusion possible is patent-pending and proprietary.

The world is one large community, and that community is becoming more in touch as the days go by. Things like Talk Fusion aren’t just possible in countries you would think they’d be a sensation in. Where Talk Fusion is currently number one is Indonesia. It is followed by Japan, which ranks this service as its fifth most popular video communication service, and Switzerland who look at Talk Fusion as their twentieth most used video communications app.

Finally, this service is so well-done that the company is willing to extend all new users a thirty day free trial which is acquired without need for any credit card information. For thirty days, users have access to all the available apps which are available from Talk Fusion. The organization knows that such a trial actually recommends their product on a regular basis.

QNET Offers Women A Great Way To Get Into the Workforce As Mothers

Today’s modern woman is learning how to balance her family with her work life, they are said to have it all these days. Some run their own businesses while others work in the workplace balancing their hours to make sure that everything works. I can tell you firsthand how hard it is to work every day and still have plenty of time for my daughter. Women that are just getting started with the balancing game may want to look into direct selling because they are usually low risk but are quick and easy ways to start earning some income.

In an effort to continue to show their support for women’s rights, QNET celebrated International Women’s Day by developing young woman entrepreneurs. In fact, they say that 74.4% of all direct seller representatives that are in the workforce are woman. QNET India’s regional general manager Khaled Diab stated that QNET has always supported gender quality and commented that the nurturing quality of woman composed with their fierce spirit has been one great reason that QNET has been able to excel across the world.

It is true that women have a tenacity to succeed that men can only dream of. This is because a lot of women who are mothers want to be the best at everything so they can provide the best for their families. It is this extra instinctual drive that makes them hard to compete with. I know I was surprised by how much I wanted to excel for my daughter, but it is definitely there. I can see what the manager at QNET is saying, because motivated women with something to earn for will definitely sell much more than men that are just selling for the money or job.

QNET continues to empower women at their company by encouraging them to join the sales team. Their sales team is a great place for women balancing busy schedules because they have the freedom to work as much as they want when they have the time. The only incentive is that the more you work the more you sell the more you earn. Their products include many wellness and beauty products as well as health products which is something that women should easily be able to find customers for.

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Laid Off Accountant Sanjay Shah Starts Solo Capital


When you need a job but nobody will hire you, you can always hire yourself.

However, for most people that does not work out as well as it has for Sanjay Shah.

After losing his job as an accountant with an investment bank in the 2009 economic crisis, Sanjay Shah looked around at the financial carnage and saw few jobs he might qualify for, but lots of opportunities to profit. He started Solo Capital Markets as a brokerage firm.

In an interview with Global Citizen Magazine, Shah said he started out studying medicine, but then decided he didn’t want to be a doctor after all. Therefore, he became an accountant. He worked for such investment banks as Merrill Lynch, Credit Suisse and Morgan Stanley.

Shah grew Solo Capital until, for the year ending March 2011, Shah earned £19 million. He incorporated it in September 2011. Its specialties now include proprietary trading (foreign exchange, commodities and derivatives), consulting (investment, performance and human capital) and investments in professional sports teams (talent acquisition, commercial advisory & representation, asset & performance management).

Solo Capital Markets is an operating name for Outperform Capital Ltd, a private limited company registered in England and Wales, registration number 09579559. As of March 2015, Solo Capital Partners had a net worth of £15.45 million.

Shah has continued to expand his business empire. He is the founder and CEO of Solo Group Holdings, which controls Solo Capital Markets. Shah also owns Aesa S.a.r.l., which controls Solo Group Holdings. Shah also owns 36 other companies in Great Britain, Dubai the British Virgin Islands, Malta, Luxembourg and The Cayman Islands. In 2014 Shah and Solo Capital took over Old Park Lane Capital, the natural resources stockbroker.

Earlier that year, Mankash Jain left Solo Capital to work in Dubai with Shah. He was head of foreign exchange at Solo Capital Partners.

As of January 2016, Shah’s net worth amounts to US$280 million, and he considers himself retired.

However, work for Shah remains. He told Global Citizen Magazine he had sponsored children in India for ten years, and never thought he could do anything more for charity than that. In 2011, doctors diagnosed Shah’s 4-year-old son with autism. While drinking tea with Snoop Dogg, Shah realized he could raise both awareness of the neurodevelopmental disease and money to fund additional research by throwing benefit concerts. Therefore, Sanjay Shah founded Autism Rocks. They held the first Autism Rocks concert in 2014 starring Prince. Later concerts have included Drake, Lenny Kravitz, Michael Bublè and Snoop Dogg.

In June 2015, Shah paid $100,000 for the domain name Autism.Rocks. Since January 2013 Shah has served as a trust director of Autism Research Trust, which donates to Cambridge University’s Autism Research Centre.

Just think. Without the financial crisis, Shah might still be an accountant.

Skout Surveys Students About Their Views On Kindness

There’s nothing better to see than a stranger doing something kind for another stranger. That’s exactly why Skout is promoting the Random Acts Of Kindness Week. The celebration has been set to happen each year in mid February, the 15th to the 20th. It’s a great time to start acting kindly towards your neighbors and other members of your community. However, it is just a suggested time, so you can do some fantastic random acts of kindness at any time during the year that you feel an impulse to share this side of yourself with others. Together, Skout, every participant in the celebrated week and communities all over the world are embracing the positive nature of this event.

Skout, in case you didn’t already know about them, is a social media and online dating website that can be accessed by mobile devices for free. The site promotes friendship, online friendship and romantic relations. It is an easy way to meet other people around the world, and it is also helpful if you are traveling and need to make new friends where you are going when you visit new places around the world. Skout is available in 180 different countries, so it is truly bringing the world closer together.

The website Uloop has recently published a write up about Skout’s survey. In the article from Uloop, the writer mentions a few different statistics that Skout has accumulated during their research phases. They have been surveying 2,700 of their users. They found that college students are 51 percent likely to do a random act of kindness every day. Also, 93 percent of college students have already done a random act of kindness. Could this mean that the nature of youth and friendship is strongly intertwined?

The article goes on to list the random acts of kindness that survey participants felt most strongly about. Buying a cup of coffee or paying for fast food is at the top of that list. Sending a thank you text at random to show appreciation to a friend is the next on the list. Third on that list is giving a hug to a friend at random. It’s really amazing how these random acts of kindness can spin people’s days around if they are having a bad day. You can make their lives better with your words or actions. To read the original article, go here.

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Coriant Company with its new CEO, Shaygan Kheradpir

Coriant, which was formed following the merge between Nokia Siemens optical networks, Tellabs and Sycamore Networks currently gained independence in 2013. Coriant has so far established their services in over a 100 countries. They offer services to even the nine top ten global Tier 1 Communication Service Providers.

Coriant places its origin from the Transmission Technology department of Siemens that is in Munich, Germany. It is through this period that the technology was transitioning to Synchronous Digital Hierarchy from the Plesiochronous Digital Hierarchy. The technology was later named optical transport network.

Currently, the company offers solutions on network transport and connection to their clients all over the globe. This has led to the company maintaining a vast line of customers who have placed great trust in their services. Some of the customers include, financial institutions, content providers, large enterprises and even government agencies.

Following a recent appointment in the company, Shaygan Kheradpir was appointed the new CEO after Mr. DiPietro stepped down for him. Shaygan has served in the business and technology industries for the past two decades. Through this period, Shaygan has earned much of experience working in these industries.

Shaygan Kheradpir was born in London and was brought up in Iran. Later on, he moved to the United States for his education. He went to Cornell University where he graduated with a PhD, masters and bachelors in engineering. This saw him through the telecom, technology and financial service industries.

After his educational qualification, Shaygan began his career at GTE Corporation. In this, he served as the Chief Information Officer. Later on, GTE Corporation merged with Verizon to make Verizon e-business where he became the president.

Shaygan later on joined Barclays bank where he became the chief operations and technology officer. Together with his team at Barclays, they worked for a great transformation of the bank all over across fifty countries. Later on, he was appointed the Chief Executive officer of Juniper Networks which assisted in cloud builder and high IQ networking. Shaygan also worked closely with the senior management team at Coriant where he was an active member. It is after this he was appointed the CEO having gained much experience across telecom and technology industry.