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They Don't Want You To Own Gold! by Parallel Mike
The Financial Media Claim Gold Is Going Up Due To FOMO
Read on Substack
Gold is on track for its eighth consecutive week of gains, up nearly 50% year-to-date — its strongest performance since 1979. The message couldn't be clearer: something major is shifting beneath the global financial system. As confidence in fiat currencies erodes and the cracks in the post–World War II monetary order widen, investors are flocking to the one asset that has preserved wealth for over 5,000 years — gold.
Yet, while the signs are flashing red, the mainstream financial media remain silent — or worse, dismissive. A recent Financial Times headline, "Gold-Plated FOMO," is just the latest attempt to downplay what could be the most important financial story of our lifetime. But the question remains: why are they so eager to steer people away from asking what's really happening to gold, not to mention the value of their currencies?
In tonight's episode, we delve into the swamp of financial propaganda to uncover the truth behind the narratives being pushed around gold. We'll revisit 1974, the start of the last great gold bull market, to see how the media covered it then compared to now. Were they more honest back then, or has the manipulation simply continued?