Negative Mainstream Media Articles On Gold & Silver Don’t Tell The Truth

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Source: TheDailyBell.com
July 18, 2016

NEW YORK, July 15 … Hedge funds and money managers again raised their net long positions in COMEX silver futures and options to fresh record highs in the week to July 12, as spot prices hovered near two-year highs, data showed on Friday. As gold’s safe-haven appeal waned, speculators cut their record bullish bets for the first time in five weeks and raised their net longs in copper, U.S. Commodity Futures Trading Commission (CFTC) data showed.     For silver, it was also the fifth straight week of additions.  – Reuters

Silver and gold have had terrific weeks but as we’ve been showing, the mainstream media, especially the business media, often focuses on the negatives.

Meanwhile, the news queues are filled with anti-metals propaganda.

From Yahoo:

Why silver’s post-Brexit bull run may soon be over  …  While the fallout from the Brexit vote has added uncertainty to global markets, some investors have been profiting off the increased appetite for safety plays.

Since Britain voted to leave the EU, the price of silver has shot up about 17%, hovering near its highest level in nearly two years. Its strong performance over the past few weeks has made it one of the best-performing major asset classes since the vote, driven by investors’ demand for risk-off trading. 

But after its big run, investors are asking if silver can keep its upward momentum going. Bob Iaccino, chief market strategist and co-founder of Path Trading Partners, told Yahoo Finance’s Seana Smith in the video above that investors need to be careful of money managers beginning to take profits, warning that now may not be the best time to buy the metal. 

Would you ever see this sort of article in response to a stock rally? Far more likely that Yahoo would be presenting an article asking “How high can the Dow go?”

And how about this article from Bloomberg?

Silver Glut Swamps India as Buying Frenzy Passes Country … Silver imports by India are set to plunge from last year’s record as jewelers grapple with slowing demand and excessive inventories after domestic prices climbed to the highest levels since 2013.

Overseas purchases probably slumped by about 40 percent from a year earlier to 2,000 metric tons in the first half, and total imports for the year will fall short of the 7,500 tons bought in 2015, said Chirag Sheth, a Mumbai-based analyst at Metals Focus Ltd., an independent precious-metals research firm.

India, the top consumer of gold after China, is also one of the world’s largest buyers of silver, which is popular in rural areas where farmers with no access to banks prefer it as a store of value.

So silver is very popular in India, so much so that a combination of persistent buying in the face of high prices has finally slowed silver for a period of time.

One might just as easily write that Indian buyers are digesting their purchases before coming back for more. But that wouldn’t be negative enough.

The mainstream media is a bankers’ medium and bankers control economies via fiat money and central banking. This is inevitable and endless reason why gold and silver in particular receive negative coverage.

Read More At: TheDailyBell.com

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BreakawayConsciousness

Zy Marquiez is an avid book reviewer, an open-minded skeptic, yogi, and freelance writer who regularly studies subjects such as: Consciousness, Education, Creativity, The Individual, Ancient History & Ancient Civilizations, Forbidden Archaeology, Big Pharma, Alternative Health, Space, Geoengineering, Social Engineering, Propaganda, and much more. His own personal blog is BreakawayConsciousnessBlog.wordpress.com where his personal work is shared, while TheBreakaway.wordpress.com serves as a media portal which mirrors vital information usually ignored by mainstream press, but still highly crucial to our individual understanding of various facets of the world. My work can also be found on https://steemit.com/@zyphrex.

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