Monday, August 20, 2012

Rothschild bets against Euro with his wallet

In the deep dark recesses of conspiracy, or Coast to Coast AM, everyone knows the most powerful family in the world is Rothschild.  So when one of their cartel ponies up cash to make an investment, it is time to pay close attention to what is really happening in the banking system.

Lord Rothschild, an elder member of the dynastic Rothschild banking family, has taken the position against the euro through RIT Capital Partners, the 1.9 billion pound investment trust of which he is executive chairman, according to a report in the British newspaper The Daily Telegraph.

As cynicism that the single currency is on its last legs continues to spread among some euro zone politicians and the public, the influential financier has used the currency as a form of hedge. - CNBC
Of course, a $200 million bet may simply be a ruse to get the herd into following his lead.  The Rothschild empire is rumored to be worth trillions, and pushing a couple hundred million to short the Euro is like giving a $5 tip for a $15 lunch tab.  It's more than most people would give, but not even close to what you could put down.


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