Rothchilds Buying Gold On "Greatest" Money "Experiment" In "History The of World"

GoldCore's picture

The Rothschilds are buying gold through their investment house RIT Capital Partners and Lord Jacob Rothchild is warning about the results of “the greatest experiment in monetary policy in the history of the world”.

Reception To Mark The Prince of Wales Medal for Philanthropy 2013

British investment banker Lord Jacob Rothschild is buying gold. Pictured with Joanna Lumley. (Source: Getty)

The Rothchild's investment house has increased its allocation to gold by 8% and aggressively sold quoted equities and sterling to navigate choppy “uncharted waters” post-Brexit. Sale of shares have been used to buy gold and other non-disclosed precious metals, which, at the end of June accounted for 8 per cent of the £2.8 billion portfolio according to the trust's half-year results, released on Tuesday.

"The six months under review have seen central bankers continuing what is surely the greatest experiment in monetary policy in the history of the world.

We are therefore in uncharted waters and it is impossible to predict the unintended consequences of very low interest rates, with some 30 per cent of global government debt at negative yields, combined with quantitative easing on a massive scale.

In times like these, preservation of capital in real terms continues to be as important an objective as any in the management of your company's assets."

Rothschild said to date quantitative easing has successfully driven stock markets higher, but he rightfully fears this will not go on forever. He adds that a number of headwinds could also derail markets - including the very uncertain geopolitical risk.

Geopolitical Risks

"Many of the risks which I underlined in my 2015 statement remain; indeed the geopolitical situation has deteriorated with the UK having voted to leave the European Union; the presidential election in the US in November is likely to be unusually fraught; while the situation in China remains opaque and the slowing down of economic growth will surely lead to problems," said Rothschild.

"Conflict in the Middle East continues and is unlikely to be resolved for many years. We have already felt the consequences of this in France, Germany and the US in terrorist attacks."

As we have covered in recent months, the smart and prudent retail, company, family office, HNW, UHNW, pension and institutional money is aware of the real risks of a new global financial crisis and continues to diversify into gold.


Recent Market Updates

- 45th Anniversary Of Nixon Ending The Gold Standard
- Gold In UK Pounds Collapses 38% Versus Gold and 56% Versus Silver Year To Date
- Will Ireland Be First Country In World To See Bail-in Regime?
- Money "Madness" Negative Interest Rates Sees Gold Buying Surge
- Gold Investment Demand Reaches Record In First Half 2016 On “Perfect Storm”
- Peak Gold – Did Gold Production Peak in 2015?
- Financial Times: “Victory For Gold Bulls Is Only Just Beginning”
- Irish Banks Most Vulnerable In Stress Tests – Banking Contagion In EU Cometh
- Gold In Sterling 2.2% Higher After Bank Of England Cuts To 0.25% and Expands QE
- Silver Kangaroo Coins – Sales Surge To Over 10 Million
- Trump, Clinton, "Ugliest" Election Coming - Gold's "Summer Doldrums" Prior To Resumption of Bull Market
- Marc Faber: Invest 25% Of Investment Portfolios In Gold Bullion
- “Could Not Invent A More Bullish Story For Gold Bullion”

 

Gold and Silver Bullion - News and Commentary

Buying picks up ahead of festive season in India, China (Reuters)

Texas State Gold Depository Another Step Closer To Reality (TenthAmendmentCenter)

Gold slips on U.S. Fed rate views (Reuters)

Gold Drops as Fed’s Williams Says He’s for Increasing Rates Soon (Bloomberg)

Gold up as Fed minutes cool rate hike prospects, weigh on dollar (Reuters)

7RealRisksBlogBanner

Major gold rush since the Bank of England's interest rate cut (CityAM)

Why Investors Should Consider a Gold Position (Nasdaq)

Britain faces a nasty shock when the global energy cycle turns  (Telegraph)

What will you do when banking dies? (MoneyWeek)

Market 'breakdown' to be 'sudden, intense, and large' - Paul Singer (CNBC)

Gold Prices (LBMA AM)

19Aug: USD 1,346.85, GBP 1,026.30 & EUR 1,189.67 per ounce
18Aug: USD 1,347.10, GBP 1,023.93 & EUR 1,190.84 per ounce
17Aug: USD 1,342.75, GBP 1,031.23 & EUR 1,191.96 per ounce
16Aug: USD 1,349.10, GBP 1,039.89 & EUR 1,197.33 per ounce
15Aug: USD 1,339.20, GBP 1,037.21 & EUR 1,198.85 per ounce
12Aug: USD 1,336.70, GBP 1,032.60 & EUR 1,199.02 per ounce
11Aug: USD 1,344.55, GBP 1,037.05 & EUR 1,206.06 per ounce

Silver Prices (LBMA)

19Aug: USD 19.42, GBP 14.80 & EUR 17.14 per ounce
18Aug: USD 19.78, GBP 15.04 & EUR 17.47 per ounce
17Aug: USD 19.57, GBP 15.04 & EUR 17.37 per ounce
16Aug: USD 20.04, GBP 15.43 & EUR 17.77 per ounce
15Aug: USD 19.90, GBP 15.40 & EUR 17.81 per ounce
12Aug: USD 19.87, GBP 15.33 & EUR 17.81 per ounce
11Aug: USD 20.21, GBP 15.56 & EUR 18.13 per ounce


Recent Market Updates

- Gold – “Mother of All Bull Markets Has Only Just Begun” – Grandich
- 45th Anniversary Of Nixon Ending The Gold Standard
- Gold In UK Pounds Collapses 38% Versus Gold and 56% Versus Silver Year To Date
- Will Ireland Be First Country In World To See Bail-in Regime?
- Money "Madness" Negative Interest Rates Sees Gold Buying Surge
- Gold Investment Demand Reaches Record In First Half 2016 On “Perfect Storm”
- Peak Gold – Did Gold Production Peak in 2015?
- Financial Times: “Victory For Gold Bulls Is Only Just Beginning”
- Irish Banks Most Vulnerable In Stress Tests – Banking Contagion In EU Cometh
- Gold In Sterling 2.2% Higher After Bank Of England Cuts To 0.25% and Expands QE
- Silver Kangaroo Coins – Sales Surge To Over 10 Million
- Trump, Clinton, "Ugliest" Election Coming - Gold's "Summer Doldrums" Prior To Resumption of Bull Market
- Marc Faber: Invest 25% Of Investment Portfolios In Gold Bullion

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Thoresen's picture

Original picture caption:
Host Joanna Lumley with Lord Jacob Rothschild who is one of the recipients of The Prince of Wales Medal for Arts Philanthropy for 2013 at a ceremony at St. James's Palace, London. (End of caption.)

You can afford to be a philanthropist when you are a Rothschild.

Ban KKiller's picture

Independence, what does it mean to you? What happens if you try to be self reliant? 

JailBanksters's picture

Must be great when you can create your own money to buy anyone or anything

 

woody3405's picture

Now that the money makers have positioned themselves full of gold and are ready for the monetary system to collapse - they tell you to buy gold.  This will accelerate the end - and make their positions even greater.

These people are the most brilliant narcascisstic megalomaniac sons of bitches in the world.  Emphasis on brilliant.

They rule the world for a reason.

truthordare's picture

Is that an Olympic gold he is wearing for being the worlds biggest cunt?

Jane Sheppard's picture

Is it just me, or do they look like they belong on the set of Underworld?

atthelake's picture

It's interesting that almost everyone misspells their name in almost every article, at least once.

I've wondered why.

brushhog's picture

LOL. The Rothchild's own "Bullionvault"...the largest peer-to-peer gold trading platform in the world. They hold more gold than all the central banks in the world, and all of it is stored by bullionvault ( a.k.a Rothchild ). IDK how much Rothchild actually owns in gold, but he makes alot of money off of people who buy it..AND...its all held in his vault.

Graph's picture

Every time you "close a deal" that is not win-win your face gets more and more permanently etched into mugs above.

After 50 we get the face that we deserve.

illuminatus's picture

My guess is they already own massive tonnage of gold. They just want ' a little more', because they know that the fiat game is about to hit a BRIC wall.

crazytechnician's picture

I would love to know what their feelings on bitcoin are.

Pickleton's picture

They think bitcoin is for small, hopey changey kind of minds

crazytechnician's picture

They probably never even heard of it.

Carpe Tutti Bastardi's picture

Why the hell do you think gold/silver are being
manipulated in place to lower......waiting for these
evil greedy bastards to sate their greed buying PM's
at these depressed prices.
When they have satisfied their desired position
then the PM's will be free to seek market price.
Just my humble opinion...but what do I know!

crazytechnician's picture

They probably have warehouses full of the stuff. Maybe even more pissed off at price manipulation than the entire ZH crew put together ???

illuminatus's picture

It will stay depressed forever then because their greed will never be sated.

spanish inquisition's picture

No matter what happens, I can always fall back on the fact that I get a cut on every fiat currency created.

Heavenlysunshine's picture

Let's hope the neuvo-rich rotschields will be screwed

by the very ancient Chinese civilization... if they can avoid

being infected by the talmudists.

Osmium's picture

Joanna Lumley must have been a real looker before electricity was invented

 


cubicyard's picture

Why don't you look at some of the things she supports, like voluntary population control in those countries which need to control their populations? A very thoughtful lady imho.

mary mary's picture

I thought "Absolutely Fabulous" was hysterically funny.  Sort of like today's "Shameless" but a bit more innocent.

crazytechnician's picture

Darling , she's Absolutely Fabulous , especially after she's just powdered her nose.

cubicyard's picture

Damn hurtful asshole. Or am I not allowed to say that.

F em all but 6's picture

Oh, So this satanic fucksticks name begins with Lord??? WTF. Piece of rotton dogshit. Where the fuck is a guillotine when u need one???

GOLDMAN SACKS FED's picture

8% in gold could put upward pressure on gold after they have fully brought in...GOLD TRADE HEAR WE GO!

northern vigor's picture

8% of 90% of the world's wealth...I don't think there's enough gold for everyone else.

Conax's picture

I zoomed in on the picture of his necklace, trying to see if it was Baphomet or Beezlebub, couldn't tell.

When the pressure is on for the silver shorts, they all drive the herd over to gold, huh.

Silver kills werewolves outright, vampires hate it because, you know, mirrors.

e_goldstein's picture

Except Burns is nowhere near as evil.

monad's picture

Its not an experiment. Its a crime.

deimosaffair's picture

maybe it's just me, but i dont get why the article about gold is displayed with a picture of vampires.  

erk's picture

Another gold spruiker article. If it's not China bying gold, then it's Russia, or India, lets try Rothchilds today. You better buy gold too and follow the crowd, don't miss out, stocktake sale only 171,300 tonnes left!

 

doctor10's picture

I wouldn't trust anything a Rothchild states in a public interview anywhere.

peddling-fiction's picture

If it is an experiment, it is their experiment.

I believe the world has experienced many of their experiments.

This one coming up will be however the largest and spans most countries on earth.

PrometeyBezkrilov's picture

He already got all the gold he needed while controlling Gold Fixing. Now he just gives a hint to a brainless herd that the experiment with paper money is over.

sekhars's picture

free market man, you buy what you want ? don't worry there is plenty of stocks and bonds for you available 

Midas's picture

You misspelled stawks. 

Vlad the Inhaler's picture

When (not if) fiat becomes worthless, you'd better own some sort of hard assets.  Gold, real estate, machinery.  

Dame Ednas Possum's picture

Erk sounds irked that his broke arse can't afford PMs. I suppose this acconts for him being bitter and twisted.

Agstacker's picture

He's relying on his Enron stock to save him.