When the legendary philanthropist, hedge fund founder, and investor George Soros makes big moves, people pay attention. This is rightfully so, as George Soros is worth billions and seems to have great timing with global markets and the investments he makes. So why is he returning from a long hiatus to start investing personally again? Why did his Soros Fund Management LLC sell numerous stocks and pick up gold and miner shares.

The answer, according to sources close to George Soros, is that he is anticipating a weakness in many of the world’s economic markets. After all, he has been relatively quiet and behind the scenes, other than reportedly staying active with his charitable work and political contributions to Hillary Clinton’s super PAC.

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George Soros – CNBC

According to senior sources close to the billionaire, he has been seen in the office more than ever lately. He is making trades and deals himself, which he hasn’t done in a long time. There could be a number of reasons for this. Perhaps he is concerned about the loss of his top investor Scott Besent. Or, as he is known for saying, China’s economy is weak. This could mean he is trying to make big moves to counteract China’s lack of political (and thus market) transparency.

After all, he believes that China’s market weakness will affect many other markets around the world. It could bring wages down and prices down. It’s not just China that is shaking things up: Brexit and the refugee crisis are bending the walls of the EU, which could result in another economic downturn.

It may impossible to say exactly what Soros is thinking, but his companies are up overall this year, according to sources. Perhaps he is seeing something similar to 2007, when he was concerned about the housing market. He made a series of bets over two years that netted him a $1 billion.

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