Best of the Week
Most Popular
1.Bitcoin War Begins – Bitcoin Cash Rises 50% While Bitcoin Drops $1,000 In 24 Hours - Jeff_Berwick
2.Fragile Stock Market Bull in a China Shop -James_Quinn
3.Sheffield Leafy Suburbs Tree Felling's Triggering House Prices CRASH! - Nadeem_Walayat
4.Bank of England Hikes UK Interest Rates 100%, Reversing BREXIT PANIC Cut! - Nadeem_Walayat
5.Government Finances and Gold - Cautionary Tale told in Four Charts - Michael_J_Kosares
6.Gold Stocks Winter Rally - Zeal_LLC
7.The Stock Market- From Here to Infinity? - Plunger
8.Ethereum (ETH/USD) – bullish breakout of large symmetrical triangle looks to be getting closer - MarketsToday
9.Electronic Gold: The Deep State’s Corrupt Threat to Human Prosperity and Freedom - Stewart_Dougherty
10.Finally, The Fall Of The House Of Saud - Jim_Willie_CB
Last 7 days
SanDisk Ultra 128gb 100mbs Micro SD Card for Smartphone's Speed Test - 15th Dec 17
Inflation is Spiking Globally… Bond Bubble Bursts in 3… 2… - 15th Dec 17
Sheffield's 'Real' LORAX Defending the Trees From the Labour City Council Patrol Units - 15th Dec 17
Stock Market Decline Signals are Near - 15th Dec 17
Santa Is Putting Christmas On The Blockchain And Saving Billions - 14th Dec 17
The Unprotected, the Protected, the Vulnerably Protected Classes—Which Are You? - 14th Dec 17
Gold’s Upside Target - 14th Dec 17
Year-end US Interest Rate Hike Again Proves To Be Launchpad For Gold Price - 14th Dec 17
2 Charts That Might Define the Fed’s Jerome Powell Era - 13th Dec 17
UK Stagflation Risk As Inflation Hits 3.1% and House Prices Fall - 13th Dec 17
Stock Market Elliott Wave Forecasts - Is the World coming to the end? - 13th Dec 17
A Method Traders Can Use to Confirm an Elliott Wave Count - 13th Dec 17
Best Time / Month of Year to BUY a USED Car is DECEMBER, UK Analysis - 13th Dec 17
A Former Wall Street Veteran: Good Traders Are Born, Not Trained - 12th Dec 17
Buy Gold, Silver Time After Speculators Reduce Longs and Banks Reduce Shorts to Continue? - 12th Dec 17
Masters of Economic and Political Illusion – in Taxes, Debt, Government, and Markets - 12th Dec 17
Approved Used Land Rover Main Dealer Real Customer Buying Guide - Hunters, Chester - 12th Dec 17
Gold Price 100% Bullish Signal - 12th Dec 17
Epic Stock Market & Fixed Income Bubble Will Not End Well - 12th Dec 17
Bitcoin can be stolen. Although Can’t be hacked - 11th Dec 17
Have Stocks Reached A Permanently Rigged Plateau? - 11th Dec 17
Trying To Beat The System Is A Fatally Flawed Investment Strategy - 11th Dec 17
Is This The Beginning Of The Next Silver Rush? - 11th Dec 17
The Dow Gold Ratio - 11th Dec 17
Evidence of a Stock Market Top Mounting - 10th Dec 17
Bitcoin Doesn’t Exist – Forks and Mad Max - 10th Dec 17
Bitcoin Doesn’t Exist – Putting the Banks Out of Business - 9th Dec 17
China’s Struggle for Market Economy Status - 9th Dec 17
Is Gold Really Strong? - 9th Dec 17
Bitcoin Parabolic Mania - 8th Dec 17
SPX Make a 61.8% Retracement - 8th Dec 17
Gold, Stocks and Bonds - The 3 Amigos Update - 8th Dec 17
Gold Stocks Break, Gold to Follow - 8th Dec 17
4 Charts That Show How Trump Tax Cuts Will Trigger A Recession - 8th Dec 17
Precious Metals Breaking Down! 3 Amigos to Abort? 4 Horsemen to Ride? - 7th Dec 17
Bitcoin Just Smashed Through $12k… Wait, $13k… Now $14k… This Is Getting Ridiculous! - 7th Dec 17
Stock Market Tops Look Like This - 7th Dec 17
Crude Oil, Oil Stocks and Invalidation of Breakouts - 7th Dec 17
Bitcoin Doesn’t Exist – 2 - 7th Dec 17

Market Oracle FREE Newsletter

Traders Workshop

How Precious Metals Investors Can Trump the Establishment

Commodities / Gold and Silver 2016 Jan 14, 2016 - 04:18 AM GMT

By: MoneyMetals

Commodities

As the presidential primaries quickly approach, the establishment is in panic mode over the prospect of losing control. It’s not just about Donald Trump. The political class, the “mainstream” media, Wall Street, and the central banking cartel are all losing credibility in the eyes of the public.

2016 is shaping up as the year of “We’re not gonna take it anymore” – in more ways than one. It’s an encouraging development for precious metals investors and sound money advocates.


Rank-and-file Republican voters are in open rebellion against their own party. They forced John Boehner out of his Speakership last fall. Now the GOP’s voter base is refusing to line up behind any of the establishment-backed presidential candidates.

This election has thrown conventional politics and conventional wisdom among pundits out the window. The two leading candidates for the Republican nomination at the moment are Donald Trump and Ted Cruz. Trump operates completely outside of the Beltway establishment, while Senator Cruz is loathed by virtually all the politicos inside it.

Senator Cruz has undoubtedly made quite a few enemies at the Federal Reserve. He is an original co-sponsor of the Audit the Fed bill (bitterly opposed by Fed chair Janet Yellen) taken up by the Senate yesterday. The measure won 53 votes, but failed to achieve the 60 votes needed to break the Democrats’ filibuster.

Cruz also wants to take away the Fed’s powers to arbitrarily fix interest rates and create currency in unlimited amounts. During a recent GOP debate, Cruz championed “sound money, ideally tied to gold.”

Donald Trump recently berated Republican leaders in Congress for pushing through a bloated $1.1 trillion spending bill. In a stump speech the billionaire businessman called the budget a “disaster,” exclaiming, “we have debt like we’ve never had before.” Trump also made reference to the unsound monetary system that enables runaway debt spending. “We’re printing money,” he said, warning “we could be in a big fat bubble.”

Trump has gained traction in large part by defying political correctness and running against the politically correct media. It’s a strategy that works because the public no longer trusts the media. A Gallup poll last year found that Americans exhibited historically low levels of “trust and confidence in the mass media to report the news fully, accurately and fairly.”

Media bias has long been a source of frustration for gold bugs. The financial media are funded (through advertising revenues) by banks, brokerages, mutual fund companies, and other Wall Street interests.

They’ll report on multi-billion dollar interest rate rigging scandals on one hand; then on the other dismiss complaints about precious metals markets manipulation as wild conspiracy theories. In recent years, virtually every market you can name – from LIBOR to penny stocks to crude oil futures – have come under media scrutiny due to manipulation. If gold and silver markets aren’t manipulated by governments or banks or rogue traders, then they would be the only truly free and fair markets in the world!

It would be nice if that were the case, but unfortunately it’s not.

The good news is that the big Wall Street centric financial media outlets are becoming less relevant. CNBC’s ratings have been tanking since 2009. Fewer investors depend on the Wall Street Journal for actionable information.

When it comes to the gold market, the Journal apparently can’t even be bothered to check the history on how gold performs during periods of rising interest rates before concluding that “a shift to higher rates is expected to hurt gold.” In fact, as recent history proves, gold prices tend to rise along with rising rates.

The Internet now blooms with alternative financial media sites like ZeroHedge that provide real insights into the precious metals markets, including how they may be manipulated. Precious metals investors have no need for TV or radio when they can listen to unfiltered expert insights on podcasts such as the Money Metals Exchange Weekly Market Wrap.

It no longer really matters whether the mainstream media want to report on precious metals markets or sound money issues accurately. If they don’t, then they will increasingly be seen as part of the irrelevant dinosaur media. They can try to ridicule gold as a relic of the past, but it is they who are becoming relics of the past. That reality may finally be starting to sink in for them.

As alternative media trumps conventional media, alternative ideas about restoring a sound monetary system may have a chance to trump the Federal Reserve. And no doubt, alternative investments including physical precious metals will eventually trump bubbly financial assets. Precious metals prices are being suppressed with the help of inordinate and obscene levels of leverage in the futures markets. But physical fundamentals will ultimately trump paper shenanigans.

If you want to position yourself to benefit from the eventual swing from conventional assets into hard assets, then acquire precious metals in physical form. Avoid Wall Street ETFs and derivative products tied to precious metals. If you can actually hold it, then they can’t control it.

By Stefan Gleason

MoneyMetals.com

Stefan Gleason is President of Money Metals Exchange, the national precious metals company named 2015 "Dealer of the Year" in the United States by an independent global ratings group. A graduate of the University of Florida, Gleason is a seasoned business leader, investor, political strategist, and grassroots activist. Gleason has frequently appeared on national television networks such as CNN, FoxNews, and CNBC, and his writings have appeared in hundreds of publications such as the Wall Street Journal, Detroit News, Washington Times, and National Review.

© 2016 Stefan Gleason - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2018 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Catching a Falling Financial Knife