A recent appointment of Rothschild as âfinancial advisorâ by the Board of Directors of gold exploration company Spanish Mountain Gold is yet another unmistakable indication that the ancient family is moving the worldâs gold supply to both âemerging marketsâ and Central Banks worldwide, strengthening the familyâs 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 companyÂ appointed RothschildÂ to âreview strategic options with the objective of maximizing shareholder value.â In July of 2012, Spanish Mountain Goldâs CEO Brian Groves boasted already that the excavation in British Colombia is a project worth âseveral million ounces in goldâ and is backed by âan enormous network of connections globallyâ,Â Groves told Resource Clips.
Indeed, this recent appointment of Rothschildâs 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 âinvestment vehicleâ RIT Capital Partners âhas ridden the rally in gold prices but will now incrementally sell downâ many observers were led to believe the ancient house was abandoning the precious stuff.Â Jacob Rothschild statedÂ in 2011:
âThere 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 allocateâ.
Already in 2004 Rothschild blew the horn, announcing with a loud voice (that tends to carry far and wide throughout the worldâs financial community) that the family was withdrawing from its gold-based assets. In April of 2004 theÂ Telegraph reported:
âThe investment bank that has chaired the London meetings setting the world gold price since 1919 is quitting the market.â
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 isÂ explained by Jeff ThomasÂ in February 2012, when he wrote:
âMany 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.â
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:
âIt 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.â
This indeed seems to be the case. As Edmond de Rothschildâs France-based asset management companyÂ analyzes for 2013, the so called âemerging marketsâ are increasingly scooping great chunks of gold from the worldâs supply:
âIt is (âŠ) 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.â
Another documentÂ issued by Edmond de Rothschildâs âGoldsphereâ-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:
âEuropean 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.â
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:
âAll the recent meetings we have had with gold companies tend to confirm the industryâs 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.â
This puts the recent âappointmentâ of Rothschild by Spanish Mountain Gold somewhat into perspective doesnât 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 newspaperÂ HaaretzÂ what the familyâs intentions are in regards to China, he answered unhesitatingly âto increase our focus in that regionâ.
As the eliteâs engine of control is incrementally deconstructed in the West, the worldâs gold is gradually moving towards its new engine in the East.