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“Other currencies.”
In today’s 3-Minute Market Minder, The Palm Beach Letter’s Teeka Tiwari makes a startling “discovery.” It lies in the investment trust of Jacob Rothschild. He’s lead scion of the infamous Rothschild banking clan… worth hundreds of billions.
Unprecedented central-bank money printing—what Rothschild calls “the greatest experiment in monetary policy in the history of the world”—has led him to increase his gold allocations. The metal’s up 25% this year. But Rothschild also allocated funds into several “other currencies”…
“Big T” speculates bitcoin—the famous cryptocurrency—could be one of Rothschild’s alternate currency plays. It’s up 37% on the year—almost 50% higher than gold’s rise. And the same forces sending gold skyward are launching cryptocurrencies, too. Click here to hear Teeka’s analysis and recommendation.
(Palm Beach Letter subscribers can review the cryptocurrency allocations in the PBL portfolio right here. Then stay tuned for an unprecedented portfolio of speculative cryptocurrency plays inside Palm Beach Confidential…)