Renegade Editor’s Note: Arrest the Rothschilds and their
minions and seize their goddamn assets!
In what is a sure signal to oligarchs
across the globe, Lord Jacob Rothschild, founder and chairman of RIT Capital
Partners, has substantially minimized his exposure to what he views as a risky
and unstable U.S. capital market. In the half-yearly
financial report for RIT Capital Partners, Rothschild explained the company’s aggressive
moves to significantly reduce exposure to U.S. assets.
“We do not believe this is an
appropriate time to add to risk. Share prices have in many cases risen to
unprecedented levels at a time when economic growth is by no means assured,” Rothschild said in his semi-annual
report.
Additionally, Rothschild stated that
he believes quantitative easing (QE) programs employed by central banks, such
as the Federal Reserve Bank in the U.S. will “come to an end.”
Rothschild was quoted in the report
as saying, “The period of monetary accommodation may well be coming to
an end.”
Signaling a potential disaster in
the making in the United States financial markets, Rothschild reduced the
investments RIT Capital Partners has in the U.S. dollar by nearly fifty
percent. On December 31, 2016, RIT Capital Partners reported a 62 percent net
value asset investment in U.S. dollars. In the latest report released by RIT
Capital Partners on June 30, 2017, the company has a 37 percent net value asset
investment in U.S. dollars.
Over that same period of time,
Rothschild increased RIT’s investment in Sterling and the Euro.
Just last year, the bond manager of
what was once the world’s largest bond fund had a dire prediction about how
“all of this” will all end. And by “all of this,” he means the propping up of
financial markets by central banks.
Gross: Global yields lowest in 500 years of
recorded history. $10 trillion of neg. rate bonds. This is a supernova that
will explode one day
— Janus Henderson U.S.
(@JHIAdvisorsUS) June 9, 2016
When the U.S. stock market is
trading at all-time highs, but Lord Rothschild is divesting RIT from those same
markets, the central bank manipulation of market valuations becomes apparent.
Additionally, it’s worth noting that
Rothschild’s RIT investment portfolio has returned roughly 2,000% since its
formation – so he obviously understands how to position his assets to get big
returns on investments, thus these recent moves should be a red flag to every
American.
In explaining his recent investment
moves, Rothschild, the RIT chairman stated:
We have a particular interest in
investments which will benefit from the impact of new technologies, and Far
Eastern markets, influenced by the growing demand from Asian consumers.”
The report also noted that RIT had
invested in Social Capital, a tech investment firm based in Silicon Valley, and
that Francesco Goedhuis, Chief Executive of J. Rothschild Capital Management,
will serve on the company’s advisory board. Social Capital provides seed
funding for companies in the education, finance, and health care business
sectors.
Rothschild also mentioned the advent
of a fourth industrial revolution in the RIT Capital Partners report, noting,
“As the ‘Fourth Industrial Revolution’ develops, it becomes increasingly
important for your Company to be able to assess investment opportunities in the
innovation driven changes which are affecting almost every business sector.”
The fourth industrial revolution
will be driven by new technologies that work to integrate the digital,
biological, and physical worlds. Rothschild indicated in the report that the
fourth industrial revolution was a driving factor in his investment in Social
Capital.
The latest report is simply a
continuation of a narrative that was clearly seen in Rothschild’s last
half-yearly RIT report when he stated:
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% of global government debt at negative yields, combined with quantitative
easing on a massive scale.
To date, at least in stock market terms, the
policy has been successful with markets near their highs, while volatility on
the whole has remained low. Nearly all classes of investment have been boosted
by the rising monetary tide. Meanwhile, growth remains anaemic, with weak
demand and deflation in many parts of the developed world.
Many of the risks which I underlined in my 2015
statement remain; indeed the geo-political 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. 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 USA in terrorist attacks.
With global yields at their lowest
in recorded history, and with $10 trillion of neg. rate bonds, there is likely
only one way that this ends – with a massive global financial collapse, the
likes of which would make the Great Depression look like the “good old days.”
Make no mistake that when Lord Rothschild begins to move his assets out of the
U.S., it is surely a sign of ominous things on the horizon.
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