News and Document archive source
copyrighted material disclaimer at bottom of page

NewsMinecabal-elitefamiliesrothschilds — Viewing Item


Rothschilds gave gold to wellington army end napoleonic wars { April 15 2004 }

Original Source Link: (May no longer be active)
   http://business.timesonline.co.uk/article/0,,8209-1074787,00.html

http://business.timesonline.co.uk/article/0,,8209-1074787,00.html

April 15, 2004

Rothschild withdraws from gold-fixing chair
By Jon Ashworth

NM ROTHSCHILD, the City merchant bank, is withdrawing from the twice-daily London gold fixing which it has chaired for the past 85 years.

The decision, which leaves 40 jobs under threat in London, is part of a wholesale withdrawal from commodities sales and trading in the UK. Rothschild’s links with gold date to 1809, when Nathan Mayer Rothschild began dealing in bullion. The five Rothschild brothers supplied gold to Wellington’s army in the closing stages of the Napoleonic Wars.

The firm was appointed bullion broker to the Bank of England in 1840 and went on to operate the Royal Mint Refinery. It was asked to chair the twice-daily gold fixing when it commenced in 1919.

Discussions are being held with other members of the fixing to ensure an orderly handover. The firm will continue to chair the fixing for as long as necessary.

The other members of the fixing are Deutsche Bank, HSBC, Société Générale and ScotiaMocatta, the bullion banking division of the Bank of Nova Scotia. An outsider is expected to replace Rothschild.

David de Rothschild, chairman of NM Rothschild, admitted that the withdrawal from gold was “a bit of a sadness”, but said the economics no longer made sense. Commodities trading accounted for 2.2 per cent of Rothschild’s operating income in the year to March 2003, compared with 8.6 per cent in the late 1990s.

The price of gold is fixed daily at 10.30am and 3pm, when representatives meet to trade gold for physical settlement.



Argentina rothschild bailout 1890s
Arnold meets jacob rothschild { September 24 2002 }
Banker sets sights on left wing newspaper
Buffet arnold rothschild [jpg]
Businessman sues lord rothschild breach of contract
Central banker sir eddie { October 17 2003 }
Citibank investment banker hired germany { September 26 2003 }
Diamond trader hires rothschilds
Firefighters save rothschild country home
Glad rothschilds giving up gold { September 11 2001 }
Global warming menaces california wine industry
Goldman rothschild advise hongkong airport { August 28 2003 }
Hitler stalin rothschilds
Jacob and nat rothschild deutsche borse takeover
Lord wakeham rothschild stooge { January 30 2002 }
Mikhail khodorkovsky gives shares to rothschild
Nathan rothschild built india infrastructure { February 17 2004 }
Nazis looted rothschild art { April 12 1999 }
New york rothschild office hures banker for lazard
Nm rothschild merge french counterpart
Raiders steal millions rothschild gold
Restoring pavilion profitable
Reuniting under parisian baron david de rothschild { August 11 2003 }
Rothchilds recruit Rohatyn from comcast disney deal { October 13 2004 }
Rothschild advisor on mineral project
Rothschild and murdoch son team up bskyb { November 3 2003 }
Rothschild banking dynasty
Rothschild buys stake in chinese bank { August 15 2007 }
Rothschild consult india power company
Rothschild family unifies holdings { July 18 2007 }
Rothschild family unites french english branches
Rothschild fix gold price { June 9 2003 }
Rothschild israel [jpg]
Rothschild launches oil trading business { September 24 2003 }
Rothschild role in columbus state university { May 21 2004 }
Rothschild sets time for dpc buyer
Rothschild urges uk utility to partner in australia { January 22 2004 }
Rothschilds african banker mineral rights { February 1 2004 }
Rothschilds balfour declaration { November 2 1917 }
Rothschilds bankrolled europe { July 9 1999 }
Rothschilds buy into russia
Rothschilds dynasty { January 28 1998 }
Rothschilds gave gold to wellington army end napoleonic wars { April 15 2004 }
Rothschilds hiring agent
Rothschilds house architect
Rothschilds meet wine families twice a year { June 9 2004 }
Rothschilds replace american bank heads { July 2007 }
Rothschilds russian oil 1900 royal dutch shell { March 5 2004 }
Rothschilds story secretive dynasty
Rothschilds take wineries on west coast { May 18 2004 }
Rothschilds to repel sanofi hostile takeo { January 24 2004 }
Rothschilds wakeham enron
Rothschilds wealthy dynasties matrimony { July 22 2003 }
Rothshchild largest private bank does gold tour
Russian oil tycoon passes oil rothschild before arrest
Schwarzenegger flanked by buffet and rothschild
Suez canal rothschilds bank { July 20 2003 }
Tote hire rothschild for selloff advice
Uk rothschild group 200 years old
Vegetarian bush niece rothschilds
Vote machines rothschilds
Wedding unites rothschilds goldsmiths

Files Listed: 62



Correction/submissions

CIA FOIA Archive

National Security
Archives
Support one-state solution for Israel and Palestine Tea Party bumper stickers JFK for Dummies, The Assassination made simple