Abstract
This article examines the relationship between conspiracy theories and antisemitism by posing the question of whether conspiracism is an inseparable and integrated part of national socialist antisemitism or a marginalised, extremist position even within such settings. An analysis of two Danish national-socialist journals, _Kamptegnet_ and _National-Socialisten_, demonstrates how the introduction of _stigmatised knowledge_ in the form of anti-Masonic conspiracy theories and the myth of ritual murder led to an antisemitic escalation process in _Kamptegnet_, imbuing antisemitism with a redemptive character during the Second World War. Antisemitic conspiracy theories, on the other hand, played a relatively marginal role in _National-Socialisten_, where aspects that enjoyed promotion in Germany were downplayed for tactical reasons. While antisemitism in _National-Socialisten_ primarily played a role in caricatures and as a bizarre form of entertainment, an escalation can also be observed here as a consequence of the progression of the war and the intensified German propaganda effort.