Rothschild Just Pulled A Lot Of Money Out Of The US: “Period of Monetary Accommodation May Well Be Coming To An End.”
Originally shared by Before It’s News
Rothschild Just Pulled A Lot Of Money Out Of The US: “Period of Monetary Accommodation May Well Be Coming To An End.”
When it comes figuring out how to invest your money, one of the best things you can do is to simply watch what other more successful people are doing. Investors who have made a lot of money, either did so by being lucky, or more likely, they have a long track record of predicting events, identifying trends, and avoiding economic crashes. Whether they’re really savvy or they’re just elitists with access to insider information that the public isn’t privy to, they know something that we don’t. And that something has made them very rich.
And no one embodies the terms “insider” or “elitist” more than Lord Jacob Rothschild. He’s descended from a long line of wealthy and influential people, is considered one of wealthiest people in the world today, and his family has been steeped in conspiracy theories and controversies for decades. So what has this elitist been investing in?
A better question would be, what is he not investing in? That’s because his investment trust, known as RIT Capital, has been pulling tons of money out of the US.
“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.”