Glenn Beck New Job: Gold Salesman

Discussion in 'Media' started by Modbert, Oct 7, 2009.

  1. Modbert
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    Modbert Daydream Believer Supporting Member

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    Think Progress » Gold Digger! Beck Promotes Investment In Gold While Failing To Disclose His Conflict Of Interest

    Between this and the crappy file software he's peddling, he's really showing how different he is from the rest of the pack. :lol:
     
  2. DavidS
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    DavidS Anti-Tea Party Member

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    What is it with conservatives and gold? Rush, Hannity, Savage, Beck....
     
  3. KittenKoder
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    KittenKoder Senior Member

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    So ... smart investments are a bad thing now?
     
  4. DiveCon
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    DiveCon gone

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    so, this is the new journalism, a blog(thinkprogress), and a partisan hack site, quotes another blog(examiner.com), a sketchy site at best, and thats a news story?

    and you dont like it when someone points out how you use partisan hack sites

    :rolleyes:
     
  5. Lonestar_logic
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    Lonestar_logic Republic of Texas

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    Liberals don't like gold? I knew they were a stupid lot, but I didn't know they were that stupid. Except for gaybikershitstain, huggy and a few others, I know for a fact they're stupid fucks.


    Oh and yes I've invested heavily in gold, I've been doing so for the past twelve years.
     
  6. xsited1
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    xsited1 Agent P

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    • Thank You! Thank You! x 1
  7. editec
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    editec Mr. Forgot-it-All

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    Gold is a tradional place where people put their moey when they have doubts about the future purchasing power of that specie.

    Given the current US economy, and given the international move to stop using the USD as the medium of exchage for Oil (read petro dollars) , it is hardly surprising that the dollar is dropping against gold.

    Glen Beck has every right to tout gold in his editorials.

    As long as he is upfront about the fact that his advertisers are also Gold traders, I see no problem with it.

    Just remember, that the value of gold can go down as well as up.

    The price of gold was over $800 opz. in the late 70s.

    If you bought it at the top of the market then, you'd have had to hold it early 30 years to break EVEN on that "investment".

    And you all uderstand that a 30 year break even investment really is an enormous loss, right?

    An ENORMOUS loss of purchsing power, plus an eormous loss due to the opportunity costs of not having that money to invest during that 30 year period.

    If you're playing the gold as an INVESTMENT game, you'd best know what you're doing.
     
  8. Lonestar_logic
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    Lonestar_logic Republic of Texas

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    Please point out the conflict of interest.
     
  9. editec
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    editec Mr. Forgot-it-All

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    There is none.

    The man does not claim to be a NEWS source., so ayone who bets on his advise does so at their own risk.

    He also admits that his sponsors are gold traders, so I see no problem with that, either.

    I don't like this clown, but I see abolsutely nothing wrong with what he's doing as it regards this issue
     
  10. Old Rocks
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    Old Rocks Diamond Member

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    The people on Air America also push gold. It's advertising a product, people, nothing more. Just regard it as the normal shilling to get one's other message out, right or left.
     

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