A recent appointment of Rothschild as “financial advisor” by the Board of Directors
of gold exploration company Spanish Mountain Gold is yet another
unmistakable indication that the ancient family is moving the world’s
gold supply to both “emerging markets” and Central Banks worldwide,
strengthening the family’s monopoly position when the fiat-based house of cards comes crashing down in the West.
The Board of Directors of the British Columbia based gold exploration company appointed Rothschild to
“review strategic options with the objective of maximizing shareholder
value.” In July of 2012, Spanish Mountain Gold’s CEO Brian Groves
boasted already that the excavation in British Colombia is a project
worth “several million ounces in gold” and is backed by “an enormous
network of connections globally”, Groves told Resource Clips.
Indeed, this recent appointment of Rothschild’s financial expertise
(from centuries worth of experience) has increased the value of this
company somewhat, propelling the gold-producing company into newer
heights (or depths), depending on what end of the gold bar you find
yourself. It also is a sure sign that the family is tightening its grip
on gold, in both the excavation, the producing and the trading phase.
In the beginning of this century there were signs that Rothschild was
starting to pull back from gold. With the announcement of Lord Jacob
Rothschild that his “investment vehicle” RIT Capital Partners “has
ridden the rally in gold prices but will now incrementally sell down”
many observers were led to believe the ancient house was abandoning the
precious stuff. Jacob Rothschild stated in 2011:
“There is I believe a growing awareness of the dangerous position
which confronts many countries, particularly those in the developed
world. In spite of these concerns, we continue to take advantage of
areas that we believe are attractive, but we will remain cautious in
terms of the quantum of capital that we allocate”.
Already in 2004 Rothschild blew the horn, announcing with a loud
voice (that tends to carry far and wide throughout the world’s financial
community) that the family was withdrawing from its gold-based assets.
In April of 2004 theTelegraph reported:
“The investment bank that has chaired the London meetings setting the world gold price since 1919 is quitting the market.”
In 2011, an analysis makes clear how and why Rothschild manipulates the price of gold downward:
Despite these earlier indications that Rothschild was backing away
from its gold assets (which smell like the calculated diversion
techniques of an experienced illusionist), the recent appointment in the
Spanish Mountain project is a clear sign that gold is still foremost on
the mind of the family, as it has been for many centuries past. These
earlier manoeuvrings by Rothschild seem to suggest a consciously
constructed effort to bring down the price of gold- with the aim of
buying large quantities later on, when the price was especially low. The
reason for such a move is explained by Jeff Thomas in February 2012, when he wrote:
“Many economists project that, following the crashes of the Euro and
the dollar, a return to gold-backed currencies would appear as a world
trend. This is only natural, as the fiat currency concept would have
been shown to be the farce that it is.”
For this reason, Thomas argued, the hoarding of gold is being done
with the aim of redistributing it later on to those nations (or
supra-nations, such as the EU and China) the elite have destined to be
the future global engines after the old one has been discarded:
“It is entirely possible that all currencies could receive a
shake-up, and an entire worldwide system of gold-backed currencies may
develop. If this were to occur, the countries that held the largest
amounts of gold at that time would be out in front economically.”
This indeed seems to be the case. As Edmond de Rothschild’s France-based asset management company analyzes for 2013, the so called “emerging markets” are increasingly scooping great chunks of gold from the world’s supply:
“It is (…) reassuring to see that physical demand has started the
year well with an increase in Chinese and Indian buying. The Chinese are
buying before the Lunar New Year while Indians seem to be anticipating
higher duties on imported gold. At the same time, central bank buying
continues. They bought 536 tonnes in 2012 (+17% on record 2011 levels)
or 13% of total demand.”
Another document issued
by Edmond de Rothschild’s “Goldsphere”-enterprise analyzes the global
gold-trade, the buyers, the sellers, the winners and the losers. In one
of its assessments the global elite recognizes that European nations are
reluctant to sell their gold stocks and the current trend is a
continuous rover of gold towards the East:
“European countries are in no rush to sell their bullion reserves as
they are small in value compared to their debt problems and some of the
gold might already have been pledged in collateralised loans.”
While all the major strongholds of the elite are being abandoned in
the US, new lairs are being set up in China. The document concludes by
saying that gold-producing companies and miners are not sufficiently
riding the wave of ever-rising gold prices:
“All the recent meetings we have had with gold companies tend to
confirm the industry’s acceptance that gold mines and gold projects have
to be better managed so as to get shareholder returns more in line with
the current strong gold price. And some projects have in fact already
been postponed or cancelled because of insufficient profitability.”
This puts the recent “appointment” of Rothschild by Spanish Mountain
Gold somewhat into perspective doesn’t it? It seems the ancient House of
Rothschild has feigned a retreat from gold in the beginning of this
century, only to then snatch it again at a good prize and move it into
the East- their future global engine. When Baron Benjamin de Rothschild
was asked by Israeli newspaperHaaretz what the family’s intentions are in regards to China, he answered unhesitatingly “to increase our focus in that region”.
As the elite’s engine of control is incrementally deconstructed in
the West, the world’s gold is gradually moving towards its new engine in
the East.
This article is brought to you courtesy of Jurriaan Maessen from ExplosiveReports.com
Related Tickers: iShares Silver Trust (NYSEARCA:SLV), ProShares Ultra
Silver (NYSEARCA:AGQ), iShares Gold Trust (NYSEARCA:IAU), SPDR Gold
Trust (NYSEARCA:GLD), Ultra Gold Trust (NYSEARCA:UGL).
No comments:
Post a Comment