The Phaserl


Gold and Silver Continue to Sizzle as Timing Is Right

from The Daily Bell:

Gold eases off near two-year high, silver crosses $21/oz … Gold slides to two-week low as Brexit fears abate … Gold eased off a near two-year high, while silver breached the $21 level for the first time since July 2014 in highly volatile trade on Monday, prompted by a burst of short-covering in China. – Bloomberg

Gold and silver are having great runs now that the monetary manipulation has eased a bit.

That’s our take anyway, following Deutsche Bank’s admission of guilt and willingness to testify against other metals manipulators.

We’re told it was Chinese short-covering. Or the result of a growing lack of regarding Brexit. Do gold buyers – especially investors – really think that way?

This seems like a larger move, though you won’t read that in the mainstream media. The journalistic manipulation is just as pervasive as the monetary, maybe moreso right now.

Notice how Bloomberg reports the news about gold, above. It leads with gold sliding to a two-week low “as Brexit fears abate.”

Here’s a more natural lead that comes farther down in the text:

“Spot gold rose about 1 percent at one point to touch a session best of $1,357.60 per ounce.”

But so much of Bloomberg’s editorial energy is spent on ensuring that as few people as possible understand the histeorical benefits of gold and silver.

These benefits go back to pre-history and vanish into the mists time.

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