Gold Is Being Reintroduced Into the Monetary System

While the media focuses on political scandals, inflation and coming up with ridiculous acronyms "TACO"... Smart money is tracking a far bigger shift: a gold revaluation is quietly underway. Garrett Goggin, CFA, says this could trigger 100X moves in select miners - and he's identified four with the biggest upside.

At the crossroads of news and opinion, 'Morning Joe' hosts grapple with aftermath of Trump meeting

DAVID BAUDER
November 25, 2024

One of the striking things about how furiously many people reacted to the news last week that MSNBC "Morning Joe" hosts Joe Scarborough and Mika Brzezinski met with President-Elect Donald Trump was how quaint their defenders sounded.

"It is insane for critics to NOT think all of us in the media need to know more so we can share/report more," Jim VandeHei, co-founder of Axios and Politico, said on social media.

It would be journalistic malpractice for the hosts of a morning television news program not to take a meeting with a president-elect, right? But "Morning Joe" isn't traditional journalism, and last week's incident is a telling illustration of the broader trend of impartial fact-finding being crowded out in the marketplace by opinionated news and the expectations that creates.

Scarborough, a former congressman, and his wife, veteran newswoman Brzezinski, didn't just talk about the presidential campaign from their four-hour weekday perch. They tirelessly and emotionally advocated for Democrat Kamala Harris, likening Trump to a fascist-in-waiting.

"They have portrayed themselves as bastions of integrity standing up to a would-be dictator," says Frank Sesno, a former CNN Washington bureau chief now professor at George Washington University's school of media and public affairs. "What the followers see is the daily procession of people on the show constantly talking about the evils of Donald Trump and then Joe and Mika show up and have high tea with the guy."

A quick and intense blowback from viewers

The social media blowback was instant and intense. "You do not need to talk to Hitler to cover him effectively," was one of the nicer messages.

More telling is the people who have responded with action.

"Morning Joe" had 770,000 viewers last Monday, its audience -- like many shows on MSNBC -- down from its yearly average of 1.09 million because some of the network's liberal-leaning viewers have tuned away after what they regard as depressing election results. That's the day Scarborough and Brzezinski announced they had met with Trump the previous Friday.

By Tuesday, the "Morning Joe" audience had slipped to 680,000, according to the Nielsen company, and Wednesday's viewership was 647,000. Thursday rebounded to 707,000. It's only three days of data, but those are the kind of statistics about which television executives brood.

"The audience for the polarized news-industrial complex has become unforgiving," says Kate O'Brian, outgoing head of news of the E.W. Scripps Co.

The Washington Post learned this last month when it lost a reported 250,000 subscribers -- presumably the bulk of them non-Trump supporters -- after announcing it would not endorse a candidate for president. A draft of an editorial endorsing Harris had already been in the works.

Mixing news and opinion isn't new; many U.S. newspapers in the 1800s were unabashedly partisan. But for most of the past century, there was a vigorous effort to separate the two. Broadcast television, licensed to serve the public interest, built up fact-based news divisions. What began to change things was the success of Fox News in building a conservative audience that believed it was underserved and undervalued.

Now there's a vigorous industry catering to people who want to see their points of view reflected -- and are less interested in reporting or any content that contradicts them.

The most notable trend in 2024 campaign coverage was the diminishing influence of so-called legacy news brands in favor of outlets like podcasts that offered publicity-hungry politicians a friendly, if not supportive, home. Trump, for example, visited several podcasters, including the influential Joe Rogan, who awarded Trump with an endorsement.

"I won't even call it journalism," Sesno says. "It's storytelling."

The past decade's journey of Megyn Kelly is one illustration of how opinion can pay off in today's climate. Once one of the more aggressive reporters at Fox News, she angered Trump in a 2015 debate with a pointed question about his treatment of women. She moved to the legacy outlet NBC News, but that didn't work for her. She has since started a flourishing podcast with conservative, and Trump-friendly, opinion.

Among cable TV-based news brands, CNN has tried hardest to present an image of impartiality, even if many conservatives disagree. So the collapse in its ratings has been noteworthy: the network's audience of 4.7 million people for its election night coverage was essentially half the 9.1 million people it had for the same night in 2020.

O'Brian is leaving Scripps at the end of the year because it is ending its 24-hour television news network after finding impartiality was a tough business. Scripps is continuing a streaming news product.

What's the place for non-partisan news in today's environment?

That's the environment Scarborough and Brzezinski work in on "Morning Joe."

"They are very talented show hosts," Sesno says. "But they are not out on the front lines doing journalism, seeking truth in the way that a professional journalist does."

Hours after the hosts' announcement that they had met with Trump, an MSNBC colleague, legal contributor and correspondent Katie Phang, said on X that "normalizing Trump is a bad idea." Scarborough had made a point of saying that was not what he was attempting to do.

"It's not up to you or your corrupt industry to 'normalize' or not 'normalize' any politician who wins an election fair & square," Christina Pushaw, the pugnacious aide to Florida Gov. Ron DeSantis, replied to Phang. "Americans had their say; Trump will be your president come January whether you 'normalize' it or not. I would suggests journos should accept reality."

Quaintness alert: Sesno is among those who believe the "Morning Joe" hosts did the right thing.

Whatever the motivations -- and there are some who believe that worries that a Trump administration could make life difficult very difficult for them was on the hosts' minds -- opening a line of communication to ensure that a show based on politics is not completely cut off from the thinking of a presidential administration makes business sense, he says. A little humility doesn't hurt.

Even if her own job has proven that it's not a great business now, Scripps' O'Brian has seen enough focus groups of people who yearn for a more traditional journalism-based approach to believe in its importance.

"I think that there is still a need for nonpartisan news," says the former longtime ABC News producer, "and maybe what brings it back to where it used to be will be an exhaustion from the hyper-polarized climate that we currently live in."

___

David Bauder writes about media for the AP. Follow him at http://x.com/dbauder.

Continue Reading...

Popular

AP Lifestyles Digest for week of Nov. 10

Here is the AP Lifestyles Digest for the week of Nov. 10. Note AP's Holiday Gift Guide Digest is included at the end; the gift guides move Wednesday.

Legally "Skim" $6,361 Into Your Account? - Ad

A former hedge fund manager is now sharing his "Skim Codes" with regular people. They're not stocks. They're not crypto. They're 18-character codes designed to profit from recent market conditions. All you have to do is punch them into an ordinary brokerage account. 84% of these codes have given people the chance to generate cash payouts so far... and his next code is going out any day now.

Wendy's to close hundreds of US stores in bid to halt falling profit

Wendy’s plans to close hundreds U.S. restaurants over the next few months in an effort to boost its profit.

Flight cancellations and delays worsen as government shutdown drags on

NEW YORK (AP) — The pain Americans are facing at airports across the country is expected to get worse this week if Congress is unable to reach a deal to reopen the federal government.

Bloomberg says AI is a $50 trillion revolution. - Ad

And at the center of it... isn't NVIDIA. It's a tiny supplier NVIDIA cannot live without. Insiders like Griffin and Druckenmiller are dumping NVIDIA shares... and quietly piling into this obscure stock. And with NVIDIA set to make a major announcement on December 19 at 5pm, time is running out.

Veterans Day: What's open, what's closed

WASHINGTON (AP) — The Veterans Day holiday began more than a century ago, albeit under a different name, as a celebration of the end of World War I. Over time its name and purpose evolved into a day of recognition for of as well as those currently serving in uniform.

Cameron Winklevoss Digs Up News Report From 2013 To Make A Point About Bitcoin: 'You Will Miss Out On The World's Greatest Opportunities...'

Gemini co-founder Cameron Winklevoss took potshots Sunday at the British daily newspaper Financial Times for its 12-year-old article that predicted Bitcoin (CRYPTO: BTC) would become the next “bubble.”

Buy This Gold Stock Before the New Year - Ad

America is about to see a massive shift in how regular people buy and store gold. Next year, the world's largest gold buyer is expected to launch a new way for everyday Americans to invest in gold with a simple tap on their phone - and it could go live in 2026. When it does, a tiny gold stock trading around $1.60 could explode.

EPAM Confident On Growth, Initiates $1 Billion Stock Buyback

EPAM Systems (EPAM) stock gained 4.41% after reporting strong third-quarter 2025 results, with sales of $1.394 billion.

What Taxpayers Need To Know Now That The IRS Has Scrapped Direct File For 2026

IRS Direct File, free online tax-filing tool launched by Biden, won't be offered next year despite 296,531 users in 2025. Republicans criticize as wasteful, but supporters say it saves time and money. Taxpayers can still use private software or IRS Free File for eligible filers.

Trump Signs Law to Launch Dollar 2.0 - Ad

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

Nvidia, AMD Lead Semiconductor Rally After Taiwan Semiconductor's Strong October Sales

Semiconductor stocks rise as tech giants reaffirm commitment to AI-driven investment and Taiwan Semiconductor reports strong revenue growth.

How Gary Sinise is helping the nonprofit CreatiVets build ‘a place to go when the PTSD hits’

NASHVILLE (AP) — Richard Casper shakes his head as he touches one of the boarded-up windows in the once-abandoned church he plans to transform into a new 24-hour arts center for veterans.

Is This Elon's Worst Nightmare? - Ad

Elon's empire looks doomed - crashing sales, lost tax credits, and media backlash. But behind the scenes, Tesla is about to unleash a breakthrough Forbes calls a "multi-trillion-dollar opportunity." It's not the end - it's the start of a 25,000% AI comeback.

Bernie Sanders Says Shutdown Fight Is About Trump Giving Trillion-Dollar Tax Breaks To 'Mr. Musk, Mr. Bezos' And Other Billionaires: 'Must Not Cave'

Sen. Bernie Sanders blamed President Donald Trump's billionaire-focused tax cuts for causing the record-breaking government shutdown, urging Democrats "not to cave" as the Senate moves toward a vote to reopen the government.

Trump attacks ABC News correspondent Mary Bruce in angry response to three sharp questions

NEW YORK (AP) — President Donald Trump denounced ABC News' Mary Bruce as a “terrible reporter” Tuesday and threatened the network's license to broadcast after she asked him three sharp questions at the White House.

"Tech Prophet" Who Predicted the iPhone Now Predicts... - Ad

George Gilder - who predicted the iPhone 17 years early and gave Reagan the first microchip - is making his boldest call yet. He says an American nanotech "super-convergence" could mint more millionaires than any event in recent memory. He's found 3 stocks set to benefit the most.

Amazon's $150 Billion AI Capex Surge Could Force Its First Big Bond Deal In Years

Amazon may need to tap Wall Street for funds as it faces rising AI and data center spending, despite sitting on $84 billion in cash.

TSMC Chief CC Wei Says Nvidia CEO 'Wants More Chips' As Jensen Huang Enjoys Hotpot In Taipei And Praises The Taiwanese Foundry: 'No TSMC, No Nvidia'

Nvidia CEO Jensen Huang praised TSMC as vital to his company's success during his Taiwan visit, where he met TSMC chief CC Wei over hotpot and reportedly requested more chips amid surging AI demand and U.S. export restrictions.

Better Than Bitcoin? (Top Crypto for Less Than $1) - Ad

Over the past 15 years, Bitcoin has outperformed stocks, bonds, and every other asset you could've bought. 2025 is already shaping up to be another banner year, with Bitcoin recently hitting a new all-time high. But there's a better way to profit from this new crypto rally. Most people don't know about it... and yet it's returned over 1,000% in 4 months. This could be the #1 way to invest in crypto right now.

Asian shares trade mixed after AI darlings prop up Wall Street

TOKYO (AP) — Asian shares were trading mixed on Tuesday after overseas markets got a big lift from optimism over AI technology.

Schwab: Half Of US Investors May Ditch Other Assets For ETFs — 4 Funds To Watch

Nearly half of ETF investors could go all-ETF within five years, Schwab says. Here's how they're building portfolios with funds like ITOT, BND, and XLK.

We've Seen This Before... and It Didn't End Well - Ad

Strange events are unfolding in the global financial system. A monetary reset dubbed the "Mar-a-Lago Accord" is quietly in motion, and the financial elite are already taking protective action. If history is any guide, you could lose up to 40% of your wealth in the next two years. Move your money before it's too late.

Cathie Wood Bets Big On These Stocks As Bitcoin, Ethereum Crash —Dumps Instagram Rival

On Tuesday, Cathie Wood-led Ark Invest made significant trades, notably increasing its holdings in Bullish (NYSE:BLSH), Coinbase Glo

First-Ever Human H5N5 Case Turns Fatal In Washington State

Washington reports world's first fatal human H5N5 bird flu case; officials say risk to public remains low, monitoring continues closely.

Elon's New Device Could Launch Biggest IPO of the Decade - Ad

Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.

MacKenzie Scott Has Donated More Than $19 Billion, Yet Her Wealth Grows Faster

MacKenzie Scott, the billionaire philanthropist and ex-wife of Amazon founder Jeff Bezos, has donated a staggering $19.25 billion since 2020.

Christmas market in Germany opens after last year's deadly attack in the city of Magdeburg

BERLIN (AP) — The Christmas market in the German city of Magdeburg opened Thursday, nearly a year after it was the scene of a horrific that left six people dead.

Gold Is Being Reintroduced Into the Monetary System - Ad

While the media focuses on political scandals, inflation and coming up with ridiculous acronyms "TACO"... Smart money is tracking a far bigger shift: a gold revaluation is quietly underway. Garrett Goggin, CFA, says this could trigger 100X moves in select miners - and he's identified four with the biggest upside.

Peter Schiff Says Bitcoin Buyers Have Only One (Unlikely) Hope To Bail Them Out

Bitcoin's (CRYPTO: BTC) slide through key support levels has brought long-time critic and gold advocate Peter Schiff back into the spotlight—and he's

Zohran Mamdani Says No More Thanking Veterans Today, Forgetting Tomorrow — Trump, Obama And Others Express Gratitude For Service

America's top political and tech leaders — including Donald Trump, Barack Obama, Tim Cook, and Sundar Pichai — marked Veterans Day 2025 with tributes honoring the courage and sacrifice of U.S. service members.

Legally "Skim" $6,361 Into Your Account? - Ad

A former hedge fund manager is now sharing his "Skim Codes" with regular people. They're not stocks. They're not crypto. They're 18-character codes designed to profit from recent market conditions. All you have to do is punch them into an ordinary brokerage account. 84% of these codes have given people the chance to generate cash payouts so far... and his next code is going out any day now.

Benzinga Bulls And Bears: Nvidia, Webull, Netflix — And Tech Stocks Face Worst Sell-Off Since April

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.

Trump Nominates Jared Isaacman For NASA Administrator — Elon Musk Reacts

Elon Musk's ally Jared Isaacman nominated for NASA Administrator by President Donald Trump amid SpaceX's Artemis push.

Bloomberg says AI is a $50 trillion revolution. - Ad

And at the center of it... isn't NVIDIA. It's a tiny supplier NVIDIA cannot live without. Insiders like Griffin and Druckenmiller are dumping NVIDIA shares... and quietly piling into this obscure stock. And with NVIDIA set to make a major announcement on December 19 at 5pm, time is running out.

Warren Buffett Initiates Alphabet Position, Trims Apple In Q3 — Here Are Berkshire's Moves

Warren Buffett's Berkshire Hathaway took a new stake in a member of the Magnificent Seven, while lowering its stake in Apple in the third quarter.

Buy This Gold Stock Before the New Year - Ad

America is about to see a massive shift in how regular people buy and store gold. Next year, the world's largest gold buyer is expected to launch a new way for everyday Americans to invest in gold with a simple tap on their phone - and it could go live in 2026. When it does, a tiny gold stock trading around $1.60 could explode.

Bitcoin's Bull Run Is Now At The Fed's Mercy: Here's What That Means

Liquidity shifts from the Federal Reserve could determine whether Bitcoin (CRYPTO: BTC) reverses its downtrend or enters a 2019-style correction.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service