Skip to comments.If Owning Gold Is A Scam, Count Me In!
Posted on 05/19/2010 10:52:43 AM PDT by csd
If you have been watching and listening to Glenn Beck, you know hes been doing a bang-up job of exposing the vast left-wing crime syndicate that now runs the White House. He has give them every opportunity to correct him, and yet, they have never responded.
Instead, they have tried to promote a boycott of his sponsors, which has been an abject failure. Becks show is still the highest rated on cable, and his radio broadcast the 3rd most listened to in the nation.
In an act of desperation which likely stems from the fact that Goldline Company refuses to be bullied by the attempted threats and boycotts, Congressman Tony Weiner (D-NY) is planning a direct attack. Politico reports that Weiner will hold a press conference today at noon. It is expected that Weiner will try to make the case for some sort of scam, over which the left loonies are already jumping up and down with glee over at the Soros-funded Media Matters. Soros if you recall, is an admitted Nazi-enabler who should be in jail for war crimes. He is also an internationally convicted criminal, having manipulated whole countrys economies and broken a few banks for his own profit, and quite the scammer himself. This is the man who funds most of the progressive groups in America, and has boasted that he owns the Democrat party.
(Excerpt) Read more at beforeitsnews.com ...
I like how Beck gets out his doom and gloom messages, explains how he must be right...then wishes that he gets proven wrong, because if he is right, horrible things will happen.
Three things to stockpile:
2. Canned and dry goods.
... and because all these horrible things are going to happen, he’s bought gold. And then he advises you to do it, as well. Buy gold because you’re scared, just like I told you to be! And buy THIS gold, here, from Goldline!
I might believe he wasn’t self-serving if he wasn’t touting a high-markup product like Goldline on his show. The price of gold will have to double before a Goldline investment will turn a profit for the person who buys it.
Goldbug ping (more on the attack on Glenn Beck and Goldline)
Mail me to get on or off the Free Republic Goldbug Ping List.
You didn’t listen to his show on Wednesday, Congressman Weiner. The president of Goldline repeated what everybody knows: there are many different products at Goldline with many different markups; the lowest markups are comparable to other dealers and better than coin shops.
Glen Beck buys only pre-1933 gold coins. The in and out commission is 18% each way for those at GoldLine..... a thin market. I think that’s what I heard on the radio. Supposedly this is a low margin compared to what other coin dealers get.
Glenn buys those due to less chance of confiscation...that’s his thinking. For common gold bullion coins like the Maple Leaf the margin in 5-10%
So has anybody besides the President of Goldline, and Goldline’s chief advertiser told you that Goldline is a good investment? Any unaffiliated source?
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