Despite the rise of populism and a resurgence of American values, it has become more dangerous than ever to speak out. A new war on patriots has begun…
One Nation, Under Control…
Greg Mannarino warns They Can’t Have REAL Money Competing With Fake Money…
A total war has begun on the 1st Amendment. This is a war we MUST win…
My “crime” is a simple one: challenging the ruling elite’s narrative.
The message here is simple: It’s Game On.
The legacy media has taken the gloves off entirely and we are now engaged in all out media war.
The bigger shock came on being told, at least twice, by Times editors who were describing the paper’s daily Page One meeting: “We set the agenda for the country in that room…”
The mainstream media bet the farm on Hillary Clinton, confident that their dismissal of every skeptical inquiry as a “conspiracy” would guarantee her victory.
The media simply cannot allow anybody but Hillary to win. Regardless of the costs.
But what if she loses anyway?
When the White House didn’t like her reporting, it would make clear where the real power lay. A flack would send a blistering e-mail to her boss, David Rhodes, CBS News’ president — and Rhodes’s brother Ben, a top national security advisor to President Obama.
Jim Rogers on whether he agrees with mainstream economists purporting gold as a “barbaric relic”:
It does not matter what they or I think. The majority of mankind has accepted it for centuries and will continue to do so. I had rather go along with the vast number of “barbarians” than a few Ivy League professors.
Ratings at CNN, MSNBC and Fox News have all been plummeting in recent years, and newspaper ad revenues are about a third of what they were back in the year 2000.
That is not just a “shift” – that is a massive tsunami.
So is the mainstream media dying?
Good evening and welcome to the business magazine Makro. For many people, the purchase of gold represents a safe reserve for bad times. No wonder that, at the height of the financial crisis savers were queuing up at gold dealers. Throughout history, gold has served as a promise of reliability and stability.
But today there are considerable doubts as to whether that promise remains valid, because an examination of gold prices reveals machinations fit for a financial thriller.
Gold is the opponent of debt based moneys, i.e. currencies, and in particular the US Dollar. Therefore, the US Federal Reserve has an interest in a weak gold price, and the US government protects the manipulation of the gold price by the private banks.
For years, the US Federal Reserve has served as the lender of last resort. Gold must be weak if a loss of confidence in the US Dollar is to be averted. It has been difficult to prove that this is a rigged game with a stacked deck, but if the gold market manipulations are indeed encouraged in addition to being condoned, that would explain why oversight bodies have thus far turned a blind eye to it, despite years of massive conspicuous activities in the futures markets, as with the gold fixing in London.
Ladies and gentlemen, it is perfectly clear that gold prices are headed south – and in a big way.
For those of you who trust pictures, I have included a graph of gold prices since 1975.
As you can see – it is perfectly clear – repeat – PERFECTLY CLEAR – gold prices have NOWHERE to go but down, down, down.
Gold has been the best performing asset since the Fed tapering began on December 18th, 2013. Most analysts were, and many still are, calling for gold to hit $875 this year. How they arrived at that conclusion is beyond rational comprehension, given that if gold stayed below $1200 for any length of time most gold mines would be shuttered. Moreover, almost every bearish Wall Street analyst never even considers the enormous amount of gold being accumulated by China. I don’t understand how these people can call themselves professionals when they are ignoring two obviously fundamental variables affecting the price of gold.
As we know, belief without evidence is nothing but faith. It would seem to me that Wall Street is exercising bad faith in their assessment of the gold market.
Our narrative is a simple and honest one: we are ordinary people who care deeply about taking care of our families and we work very hard to do so. Unfortunately, when we try to save our money to do this, we are thwarted at every turn. We see a profligate government determined to promise everything to everyone and spend without limit, we see endless Quantitative Easing by a central bank determined to devalue our currency, we see an ever declining real value of pensions and paychecks, we see a decimated middle class losing 30% of its net worth in just five years, we see interest rates on our savings approaching zero, and we see a wild west stock market that no sane person should trust their entire future to.
So in our efforts to protect our families and our financial futures, we invest in something tangible, valuable, and (over time) stable. We store a portion of our hard-earned value in gold and silver. And we aren’t going to be dissuaded from protecting our families by the insults of cognitively challenged TV hosts.
We are going to keep stacking.
So I logged-on to the Yahoo finance page the other day and I came across a main page headline that was a genuinely perfect specimen. No, it wasn’t the “Eight Hottest NFL Wives” or “Superfood that boosts your sex drive” that caught my eye. The headline I read, carefully placed in the dead-center of the page to draw your eye, blared “THE LESSONS OF GOLD’S COLLAPSE”.
Intrigued by the fact that a 29% pullback in 2013 after a monster 500% twelve year bull run could be called a “collapse”, and wondering what sage lessons I might learn from this, I clicked… and was treated to such an outstanding example of a drive-by hit piece that I thought it would be fun to outline all of the techniques used in this article, and frankly many MSM articles, on gold. I think there are actually some valuable lessons to be learned from this thing, but I doubt they are the ones the author wanted me to take from it. So rather than take apart the mistakes of the article one by one (which was largely done in the comments section of the piece by some of the more informed readers), instead let’s examine the standard characteristics of a pedestrian MSM hit piece on gold.
For those wondering whether Tuesday’s outside reversal off of gold’s June lows will mark the bottom of the 2+ year decline in gold and silver, Yahoo Finance has
news propaganda for you: gold is going down for another 18 years!
“Gold is pretty ugly- down over 30% year to date. Do you look at gold here or just stay the heck away from it?”
David Nelson: “I can’t find alot of reasons to like gold, you should avoid it. The whole inflation argument that QE was going to cause inflation and hyper-inflation has been blown out of the water…If you go back and and look at the last bear market in gold, it took 20 years for it to bottom! Even if you think this might be a bottom, we’re only a couple of years into this. You could be 5-6-7, even a decade early! Finally, the advent of virtual currencies like Bitcoin are a negative for gold buyers.”
Can you smell the MSM desperation in the air?