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The Mainstream Media is Dying, Deservedly Receives a 6% Trust Rating - Nathan McDonald

From the archives of sprott money news

June 7, 2016


The mainstream media hates - rather, loathes - gold! They do this because they no longer have the best interest of the people in mind, as many people are coming to realize. They are not to be trusted and ultimately, they are pushing an agenda.

 

This agenda is given to them through their masters, the politicians and the financial elite, who both own the media outlets themselves and give them their marching orders. The anchors are culprits, yes, as they are doing unethical work, and should be ashamed of this. Yet, ultimately they are only looking out for their jobs and are just talking mouthpieces, not thinking minds.

 

It is sad to see this, as once upon a time, the mainstream media reported on the news, no matter what the results. They did not take one side as they now do; they followed the news and shared it to all, even if they didn't like the direction it was going.

 

Now, as I stated, that is simply not the case. They are given an agenda and a job to engage in MOPE. Management Of Perspective Economics is an outright act of warfare - in this, you should have no doubt.

 

Many people know this in the precious metals community, and many more are coming to this realization as they watch what they see on TV, then look around them in the real world and see the stark disconnect with what they are being spoon-fed on a daily basis.

 

In fact, the mainstream media should not even be called that anymore, as the public simply doesn't trust them anymore. In a recent AP survey, it was estimated that the mainstream media has hit an all-time low, receiving a 6% trust rating!

 

One person challenging the nonsense that is spouted on a daily basis is Peter Schiff, a legend in the precious metals community. In a recent appearance on CNBC's Fast Money, Peter goes on to challenge the panel as they actively engage in their MOPE.

 

Peter speaks the truth and destroys the false economy that they are trying to paint. He talks about something I have been pointing out for quite some time: the fact that the FED is painting itself into a corner and that everything it is now doing to extend and pretend will only make the ultimate collapse that much worse.

 

He goes on to "school" them as he talks about how much gold stocks are up this year, and asks them if "they own any of those", implying that they are in fact the ones that are missing the boat.

 

Remember that Peter was ridiculed and made fun of for years before the 2008 collapse occurred. He called for this event years before it happened. He is now once again ringing the alarm bells and calling for another collapse and once again is being "shamed" again.

 

Remember, history doesn't repeat itself, but it certainly rhymes. Get ready now.

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About the Author

Nathan McDonald is a libertarian, entrepreneur and precious metals enthusiast. He has always taken a keen interest in free markets and economics since an early age, which naturally led him to become a true believer in precious metals and all that they stand for.

Nathan served eight years in the Royal Canadian Navy as an electronics technician, seeing the true state of the world, before starting his first successful business. He has since gone on to create a number of businesses, all of which are still in operation and growing.

In addition to this, Nathan runs a network of successful precious metals blogs, and a growing newsletter that has attracted readers from all around the world. He is a regular and highlighted writer for the highly respected Sprott Money Blog, which covers world events, geopolitics and of course precious metals.

*The author is not affiliated with, endorsed or sponsored by Sprott Money Ltd. The views and opinions expressed in this material are those of the author or guest speaker, are subject to change and may not necessarily reflect the opinions of Sprott Money Ltd. Sprott Money does not guarantee the accuracy, completeness, timeliness and reliability of the information or any results from its use.

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