Jeff Berwick: Billionaire elites piling into gold
Jacob Rothschild, Stanley Druckenmiller, George Soros, along with his associate Crispin Odey, and other billionaire elitists are moving massively into gold. In his recent semi-annual address to RIT shareholders, Rothschild announced that they are reducing their stock and currency exposure and increasing their gold holdings.
Rothschild: ”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.”
As Jeff Berwick points out, Rothshild is the best man to ‘predict’ what is going to happen because he and his elitist pals have created the timeline of catastrophes. This may be part of a scheme similar to in 1929 when central bankers created a huge bubble and then a massive crash so they could buy up a ton of assets at pennies on the dollar.
Jeff thinks this may be the most dangerous time in human history for capital. In this interview, he shares a wealth of advice on how and where to make sound investments. He is also putting on a TDV Internationalization and Investment Summit on February 24th 2017 which includes many known experts, and precedes the amazing Anarchapulco Conference in Acapulco, Mexico.
Talking points from this week’s interview:
• Overprinting and 0% interest rates have destroyed economies around the world
• We are either headed for a massive collapse or hyperinflation.
• On average, only 0.5% of American portfolios have exposure to precious metals
• Invest in precious metals before the rush (when they may be hard to find)
• Have a significant portion of personal assets outside of the US for protection
Jeff Berwick is an Anarcho-Capitalist, libertarian, and freedom fighter against mankind’s two biggest enemies, the State and the Central Banks. He is the founder of The Dollar Vigilante, CEO of TDV Media & Services and host of the popular video podcast, Anarchast. Jeff is a prominent speaker at many of the world’s freedom, investment and gold conferences including his own, Anarchapulco, as well as regularly in the media including CNBC, Bloomberg and Fox Business. Jeff’s background in the financial markets dates back to his founding of Canada’s largest financial website, Stockhouse.com, in 1994. In the late ‘90s the company expanded worldwide into 8 different countries and had 250 employees and a market capitalization of $240 million USD at the peak of the “tech bubble”. To this day more than a million investors use Stockhouse.com for investment information every month. He has since started numerous businesses including TDV Offshore , TDV Wealth Management, and TDV Passports.