From The Sun (UK):
THE Queen and Queen Mum raise a Nazi salute in an astonishing home movie shot at Balmoral and seen today for the first time.
The film shows the then Princess Elizabeth, just seven, larking about in 1933.
Egging on her sister Princess Margaret, three, is their uncle Prince Edward, Prince of Wales. He was a sympathiser towards Hitler’s Nazi Germany and became King Edward VIII.
The stunning film footage of the Queen performing a Nazi salute is today revealed by The Sun.
The astonishing clip lay hidden for eight decades. The grainy home movie is thought to have been shot in 1933 or 1934, as Hitler rose to supreme power in Germany.
In the Queen's defense, not only is she a mere seven years old, but she is being taught the 'Heil, Hitler' salute by her notorious Nazi sympathizer Uncle Edward VIII. And the film is from 1933 or 1934, several years before the outbreak of World War II and the Holocaust.
However, even as early as that, it was no secret that Hitler and his government were radically anti-semitic. It's also worth noting that Elizabeth is from the 'House of Windsor', which until 1917 was the 'House of Saxe-Coburg and Gotha'. Elizabeth's grandfather changed the family name because of anti-German sentiment during World War I.
Not sure what to say except, thank FSM for Winston Churchill! That was a close one.
Also, a rare tip of the hat to Rupert Murdoch, who owns The Sun newspaper, and is known to dislike the Royal Family.