The British member of the Rothschild banking family, Nathan
Rothschild, is famous for his early 19th Century quote: "Buy when there
is blood in the streets". He is reputed to have made a fortune in the
Battle of Waterloo stock market panic. The full quote is believed to be
"Buy when there is blood in the streets, even if the blood is your
own."
The Rothschilds' intelligence gathering and
speed of communications were second to none. During the Battle of Waterloo,
Rothschild agents were in both camps. They listened, they watched, they asked
questions and doubtless they paid good money for good information. When the
to and fro of the battle was decisive in one direction, the agents filed
their reports at a central command post. There the information was speedily
culled down to the salient points.
Carriages raced from the battlefields. London's
Rothschild messenger leapt out of his carriage at the English Channel and, on
the 18th June, 1815, whilst the battle was still in progress, departed
immediately on a private boat to England. There was no news in England so important as the outcome of the Battle of Waterloo. If
Napoleon won, he ruled Europe. If he lost,
then England held the
balance of power in Europe.
Nathan Rothschild received the messenger personally at the English
coastal town of Folkestone
the next morning. He took the report and headed straight back to London on a carriage. As
the carriage raced through the streets bound for the London Stock Market, he
poured through the report. Upon arrival at the Stock Market he took up his
position at the famous Rothschild Pillar, his habitual vantage point, and,
with an expressionless face, gave a pre-determined and subtle signal.
His agents immediately began selling English consuls (the equivalent
of government bonds). Hundreds of thousands of pounds of consuls were dumped
onto the market before other traders realized the enormity of what was
happening. Word spread rapidly that the Rothschild knew that the English with
their allies had been defeated. Everyone knew of their wonderful
intelligence. A selling frenzy ensued as the price of consuls started
dropping. Then, finally, they totally collapsed. Everyone rushed to get
whatever they could for their soon to be worthless paper. All was lost for England.
When consuls were selling at pennies on the pound Nathan Rothschild,
still poker faced, gave another discreet order. His myriad agents again
approached the trading desks and this time bought every single consul. They
bought all of them at absolute rock bottom price.
Within 12 hours it became official. England
has won the Battle of Waterloo and its fortunes in Europe
had never looked brighter. Within minutes the price of English consuls soared
upwards. They passed their original value and continued soaring for days. It
is estimated that Rothschild increased his total wealth twenty times over in
three days trading.
Fascinating little piece of history isn't it? Bankers have always
lived in a slightly different moral world than normal, decent people. They
always will whilst governments control currencies.
What makes this particularly pertinent is that the manipulation of the
market by Nathan Rothschild in 1815 has happened many times since. It is
happening right now in 2008. Again there is blood in the streets. This time it
is the blood of bullion holders who have panicked and sold. Agents of unknown
powers sell paper bullion, and they sell and they sell. Others manipulate the
US$
upwards. To some it appears that the US$
is triumphant and that gold has met its Waterloo.
But what will be the real situation when the true result is announced?
Did gold really lose the war? Or is it that the paper elites are engineering
one last downward thrust in gold, whilst artificially stimulating the US$ price, so
that they can load up at the best possible price? I have watched bullion for
many years now, always looking for that one final massive pummel down in the
price that would indicate that the elites had given up on the dollar and were
bailing out in favour of gold. I believe that my eight year wait is over.
Dark and powerful forces manipulate the markets. They always have and
they always will. Does it matter if it is governments, corporations or
private individuals? Does it matter if is some descendent of the Robber Baron
Nathan Rothschild? Not really, who cares? To deny manipulation is to deny
history. It is to deny that the Nathan Rothschilds
of the world exist. That is a dangerous naivety that has no place in
successful investing.
Like Nathan Rothschild you need intelligence and the ability to
interpret that intelligence. Just as importantly though, you need the ability
to see what it is that is right in front of your face. If you cannot see
manipulation of all our markets, not just the bullion markets, then you
cannot understand the price movements happening right now.
Rothschild had a massive advantage over his fellow traders in that he
had the only intelligence at hand. All else was guesswork. But the task of
the investor today is much easier than the task of Rothschild's fellow investors.
We have the internet, ergo we have communication on
all the fundamental factors that relate to this particular battle.
What is important right now is that the price of bullion is way below
its true market value. That is bad news if investors do not understand the
manipulative forces at play as it can cause
'sell at the bottom' panic. For those that can understand the intelligence,
and can see what it is that is right in front of their faces, the current
bullion price is wonderful news.
What matters who is selling bullion at these ridiculous prices? Just
buy it. What matter if 'they' manage to push it down to $700-... buy some
more? The simple fact of the matter is that any intelligent appraisal of this
battle informs that it is well and truly over.
The elites imploring us to believe that all is well and good, and
recovery is in sight, is reminiscent of the famous scene from Monty Python
where the Black Knight, with his severed limbs lying all around him, and with
blood spurting in all directions, hops on his remaining leg whilst insisting
that he is fine and that "it's just a scratch".
Gold has won the battle decisively and the US$ has lost, just as a lot of
people openly predicted would happen many years ago. Hank Paulson standing languidly by the Paulson Pillar trying to look casual should fool no
one. What matter if fools and manipulators buy the dollar and sell bullion? Carpe
Diem... seize the opportunity and buy. This truly is
a once in a lifetime opportunity to make a lot of money in the one item that
will flourish as all else fails.
I have been around a good few decades and can NEVER recall a buying
opportunity of the like. True there have been better prices. I first started
buying gold in June of 2000 at around US$260, but I knew that I was at least
a few years away from even doubling my money. Now you can pick up bullion
with the certainty of at least doubling your money within a year, probably
months.
Why is bullion so hard to get hold of at these prices? Because the price is wrong. Why is the price wrong?
Because it has been artificially
beaten down by the paper elite.
There is no such thing as a shortage. I read a wonderful piece by
someone about a week ago (apologies, I would credit if I could remember who
it was) who opined the same thing, and made the point wonderfully by saying,
and I paraphrase, "There aren't many Rembrandts, but you never hear
about a shortage of Rembrandts". That is of course because there is a free market in Rembrandts.
If there were a free market in bullion there would be no shortage, because the price would be sufficiently high to bring
out sellers. There are very few private sellers at the moment as most bullion
now is held by people who understand the current situation, and understand
that it will not only pass, but reverse very quickly.
To return to Rothschild's full quote "Buy when there is blood in
the streets, even if the blood is your own." If the blood is your own
because you sold your bullion,
then buy back in again quickly. You have been wrong once by selling at the
wrong time. Don't be wrong twice by not realizing your error and buying at
the right time. The fact that they are the same time is irrelevant. Do you
want the Rothschilds of this world to win, whilst
you lose?
The brilliant Antal Fekete, economist and
mathematician, is conducting a seminar in Canberra, Australia
from the 11th to the 14th November this year. It is the ONLY seminar anywhere
in the world where all aspects of the gold and silver basis are discussed,
together with a trading system guided by the basis. Meet and hear one of the
giants of our age. Bookings for the seminar can be made through:
feketeaustralia@yahoo.com
We are having a real rush on tickets as the date draws ever nearer. Don't
miss out on this once in a lifetime experience. I was privileged to attended
Professor Fekete's seminar in Hungary in
August of 2006 and to say that it was memorable is an understatement.
Sam Mathid
August 12, 2008
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