The last of the Hapsburg Empire has taken his leave. Harbor no belief that the positive action on gold and silver today is unrelated. As ancient and corrupt medieval empires crumble into the sea, the strongest of civilization’s institutions remain standing, anchoring our economic and social order.
Otto von Habsburg, who has died aged 98, bore the oldest and most eminent dynastic name in European history and could, according to genealogists, trace his ancestry back to the sixth century. The pretender to the defunct thrones of Austria, Hungary, Croatia and Bohemia (now part of the Czech Republic), he pursued a democratic postwar career as a member of the European parliament and a fervent advocate of European union.
A fervant advocate of European Union? Imagine a thwarted emperor advocating that? One wonders what Otto’s countrymen, Hayek and Von Mises would have thought of all that?
All of the Jacksonians and other gold and silver dreams are celebrating the Fourth Of July, seemingly independent now of the dollar’s flux, up over an average of 3%. Favored Jacksonian’s SLW, ANV and EGO are all up over 4% as of this writing, and EXK is up over 9%. Still, our friend the $HUI is having troubles breaking that near-term barrier at around $528, so we are not yet out of the Austrian woods, so to speak.
More on that tonight.
16 Responses to Emperor Otto Von Hapsburg is Dead!
nice hat, i’ll give ya one eagle for it
That is a true chapeau of the Austro-Hungarian Empire, suuuuuuuuuhhh!
It is rumored that only Mr. Bilderberg himself own another copy.
excellent story. Thanks
Cordially, Von Fly
Von Fly, (Bismarck)
His brother Felix still lives. More importantly, Felix unlike his older bro never gave up his title. The House of Hapsburg lives.
Well, he has sons too. The point was, this was where the line broke for real. He is the true heir to the throne — or was, before Europe went democratic.
He may have a brother, sons, uncles and nephews, but they are only pretenders like he was forced to become.
More pressing, where can I find his tailor?
He moved to Detroit in 1938, steps ahead of the Blitz.
Should have known a huge rally for metals/miners was at hand when I got a 1962 quarter (90% silver) in my change at the gas station yesterday! Knew it would be lucky.
Maybe I shouldn’t get excited about this because my chart analysis is fairly basic,
but the silver miner’s ETF looks really good here (potential pop out of a volatility squeeze imminent) while the physical silver ETF, SLV, looks like it needs to play catch up. So, I think the miners are ready to kiss some azz here. End of basic chart analysis for dog brained people like me, lol.
LOL, I meant “kick” some azz..
The Hapsburgs, I remember them, they were always feud’n with the McCoys…hahaha
but on a serious note, great story.
Well, the Muscovites, I guess.
I say you are wrong because Felix has never gave up his claim. Otto did and was aloud to come back only after.
Interesting enough, Felix was permitted to join the military but ran off when the nazis came. They would have merqed him for sure. Lots of his family where put into camps durring the war.
Felix trained in america, and with an Austrian freedom fighty force was suppoused to enter the war and fight for his country. Problem was, must of the soldiers where jewish austrians that later didnt want to re-enlist to fight. So, that was the end of an austrian freedom army.
Felix went into austria for his mother’s funeral and then again when europe became the euro zone. No more borders right? Wrong, those Austrians where like, “you come back across are border again, we lock you up”
He settled with the government, BUT never gave up his claim. He is the true air, not Otto that sell out.
Boy, Chuck, you could use either a dictionary or a proofreader. Nice post otherwise.