Are We On A Financial Precipice Or Things Better Than Ever?

The following article is presented as an alternative viewpoint. Before investing one should see professional advisers before taking any action.

URL and to post comments: http://dollarvigilante.com/blog/2015/3/6/lord-rothschild-pulls-a-marc-faber-geopolitical-situation-as.html Friday,March 06, 2015 [The following post is by TDV Chief Editor Jeff Berwick] We have been portending turbulent times ahead for our subscribers for some time now, and we have, over the years, been in increasingly good company. In 2009 when I started TDV, I was called crazy. Now my views have been adopted by mainstream personalities, even stewards of the world's fortunes agree with our outlook. Lord Jacob Rothschild, 78 year-old banker and chairman of RIT Capital Partners,  sent a startling warning to savers in the  £2.3bn trust regarding the global situation and “the fragility of future returns.” The pointed warnings came in his chairman’s statement from the trust’s 2014 annual report. In it he wrote that on top of a “difficult economic background” investors are at the risk of “a geopolitical situation perhaps as dangerous as any we have faced since World War II.” Rothschild pointed the blame for this on “chaos and extremism in the Middle East Russian aggression and expansion, and a weakened Europe threatened by horrendous unemployment, in no small measure caused by a failure to tackle structural reforms in many of the countries which form part of the European Union.” According toThe Telegraph, his statement last year was far less Marc Faber than this year's. Lord Rothschild listed the major dangers as the slowing to China’s growth and a possible over-valuation of shares. The "preservation of shareholders' capital remains our highest priority, taking precedence over tactical manoeuvres based on short term returns," Lord Rothschild stressed. Good friend of mine, and Anarchapulco speaker, Luke Rudowski's We Are Change once interviewed Lord Rothschild in an impromptu interview. He actually was able to persuade the unexpecting Rothschild to humor a few questions. You can see that interview below: Click here or on thumbnail While The Dollar Vigilante agrees with Lord Rothschild’s general economic outlook, we disagree with the major dangers he highlights. Far more important than “extremism in the Middle East, Russian aggression and expansion, and a weakened Europe threatened by horrendous unemployment,” are the disastrous US-led wars as well as hyper-inflation and volatility in the US Dollar. In short, the end of the US Empire represents a greater potential to wipe out savings than those things Rothschild states. Russian aggression and expansion? He must be joking. All one must do is compare US aggression to Russia’s to know that the claim is insincere or foolish. At The Dollar Vigilante, we work night-and-day to bring our subscribers unique placements in exciting companies so that they will survive The End Of The Monetary System As We Know It (TEOTMSAWKI).  To learn more, click here. Questions or comments? Click here.

Anarcho-Capitalist.  Libertarian.  Freedom fighter against mankind’s two biggest enemies, the State and the Central Banks.  Jeff Berwick 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, CNN and Fox Business.