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From Everbank's "Daily Pfennig" email today
topstuf
Posts: 14,803 ✭✭✭✭✭
Hey, and in Ed Steer's letter this morning, he highlights the fact that Lord Rothschild has reduced his exposure to listed shares, and gone into Gold. Let's listen in to what he had to say to his clients: "Our significant U.S. dollar position has now been reduced as, the dollar's rise, we saw interesting opportunities in other currencies as well as Gold, the latter reflecting our concerns about monetary policy and ever declining real yields." Hmmm. well said Lord Rothschild. Too bad it's taken you so long to get on my bandwagon on this! HAHAHAHAHA!
Gee.
The Rothschilds don't usually do stupid things.
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