STAFF NEWS & ANALYSIS
Gold and Silver Continue to Sizzle as Timing Is Right
By Daily Bell Staff - July 04, 2016

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.

Modern archeology suggests gold and silver began to be used as money during the heyday of the world’s first great civilizations.

Here from Reuters:

1500 BCE: Gold debuted as a recognized exchange standard for international trade as the people of ancient Egypt leveraged Nubian gold to build wealth for their empire.

What nonsense. They’ve found cities drowned in the sea as the result of a great flood. These cities may be well over 10,000 years old.

Silver and gold may have been used as formal or informal money for tens of thousands of years.

But the modern monetary establishment would never allow such a statement to be taken seriously in the mainstream media.

And there are plenty of people within the financial community ready to proclaim – after any prolonged slump in the price of precious metals against the dollar  – that both are losing luster.

But back they come again, regularly. They have outlasted every fiat currency on earth, and debasement too.

With the world verging on a variety of economic and monetary disasters it is no coincidence that gold and silver are back in favor.

Sovereign and corporate debt are in the trillions and derivatives transactions are well over $1,000 trillion. None of these numbers are sustainable.

And then, as mentioned, is the Deutsche Bank retreat. This is something else not being mentioned by the mainstream.

But it is very possible that downward pressure exerted by price manipulations have eased at least for the moment.

Our timing in introducing our first sponsor seems to have been good.

Golden Arrow is partnered with a well-known mining firm Silver Standard in exploiting what could be a major silver discovery in Argentina.

Its CEO is Joe Grosso, and you can see an interview we did with him HERE.

Golden Arrow Miners are likely still cheap, relatively speaking, and silver has a long way to travel to reach parity with its historical ratio.

Of course, miners are always speculative, and you’ll need to do your own due diligence.

Conclusion: Whether you are invested in juniors or not, silver should be considered for at least a modest part of your portfolio along with gold.

If you have questions about Golden Arrow, you can reach representative Shawn Perger here: Shawn: 1-800-901-0058 or 778-686-0135. See the website HERE. Please consult DB’s disclaimer before making investment decisions. This is not an endorsement.

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