Does anything these conservative mouthpieces recommend actually improve the lives of their listeners?

skinink: Does anything these conservative mouthpieces recommend actually improve the lives of their listeners?

There was a girl in 1990....

He made endorsement money conning rich suckers into "investing" in gold. It's the blueprint for most successful Americans.

Did anyone other than RON PAUL really not see that coming?

Gold 1yr change: +15%
S&P 1 yr change: -2.3%

I'm confused by this criticism.

Quick, to the Romerocopter!

Lt. Col. Angus' Investment Advice - Volume 1, Chapter 1

If someone on television is telling you to buy it, you've already missed the boat.

Glenn Beck's intelligence isn't the issue. The issue is that we have banks stealing from everyone's 401k so that even though inflation is running at about 8% per year (it is, look it up, don't believe everything that the Hawaiian Haboob tells you), nobody's balances are going up. As for me, I'll stick to gold thank you very much. At least that never loses its intrinsic value.

RumsfeldsReplacement: At least that never loses its intrinsic value.

I'll come back in a couple years to point and laugh at you.

RumsfeldsReplacement: At least that never loses its intrinsic value.

you sir are some sort of trolling wizard

So vote Republican?

Maybe it's the 5 year performance you're thinking makes him look bad. Let's see how that goes.

GLD 5yr change: +151.25%
S&P 5yr change: -14.3% (no divs reinvested - about -6% with reinvested divs)

Well shiat, I can't seem to get these numbers to work right. Maybe you meant the 10 yr return. One of you critical weenies run those numbers and get back to me.

Although Beck is an idiot, gold is going to go way up over the next few years.

Lets see...

One guy saying $1500, another saying $1300.

My CPI based estimate is $800.

What, you think that Gold is special? It's a substance with it's uses at certain prices. But it's been oversold for the past few years, it's in a marketing based bubble. For a rational hedge it shouldn't go much more than 1.5x that CPI adjusted value.

Now a bunch of people are going to go "Oh noes, gold is about to bust, I need to sell it all before I'm ruined" and it's going to dip deep. If you can get it for $600, buy in.

greenbowlpacker: Although Beck is an idiot, gold is going to go way up over the next few years.

I agree. Junior miners/explorer stocks as well. 2012 is going to be a very interesting year.

Mentat: vaderstg: Maybe it's the 5 year performance you're thinking makes him look bad. Let's see how that goes.

GLD 5yr change: +151.25%
S&P 5yr change: -14.3% (no divs reinvested - about -6% with reinvested divs)

Well shiat, I can't seem to get these numbers to work right. Maybe you meant the 10 yr return. One of you critical weenies run those numbers and get back to me.

So keep buying gold. No one's stopping you.

And make sure its from Goldline.

Ok, before anyone continues to trash gold/precious metal funds, please provide some other investment ideas. The euro issue is still not resolved, the US is about to have another raging budget debate and may face further downgrades to debt rating. Seems like precious metal funds might not be such a bad idea right now.

Brontes: Ok, before anyone continues to trash gold/precious metal funds, please provide some other investment ideas

SHORT EVERYTHING

Should I point out that Beck encourages people not to buy gold as a good way to pad their investment portfolios, but instead to recover from some cataclysmic collapse of the dollar and thus society?

Spindle: Should I point out that Beck encourages people not to buy gold as a good way to pad their investment portfolios, but instead to recover from some cataclysmic collapse of the dollar and thus society?

He also doesn't say to buy gold flat out, but rather the Goldline nonsense where you are buying gold collectors coins, paying collectors prices with huge transactional fees.

MightyPez: Spindle: Should I point out that Beck encourages people not to buy gold as a good way to pad their investment portfolios, but instead to recover from some cataclysmic collapse of the dollar and thus society?

He also doesn't say to buy gold flat out, but rather the Goldline nonsense where you are buying gold collectors coins, paying collectors prices with huge transactional fees.

They are one in the same to anti-precious metal people.

Spindle: Should I point out that Beck encourages people not to buy gold as a good way to pad their investment portfolios, but instead to recover from some cataclysmic collapse of the dollar and thus society?

MightyPez: He also doesn't say to buy gold flat out, but rather the Goldline nonsense where you are buying gold collectors coins, paying collectors prices with huge transactional fees.

Only if you take the chance to point out that Beck/Goldline/collectors, et. al. had nothing to do with the article, but it was an effort by our trolltastic subby to loop all gold investors into the same "Beck" category.

vaderstg: Maybe it's the 5 year performance you're thinking makes him look bad. Let's see how that goes.

GLD 5yr change: +151.25%
S&P 5yr change: -14.3% (no divs reinvested - about -6% with reinvested divs)

Well shiat, I can't seem to get these numbers to work right. Maybe you meant the 10 yr return. One of you critical weenies run those numbers and get back to me.

-past performance is not an indicator of future returns.

-how long has glenn beck, who raped and killed a girl in 1990, been recommending gold?

H31N0US: RumsfeldsReplacement: At least that never loses its intrinsic value.

I'll come back in a couple years to point and laugh at you.

I'm pointing and laughing right now, why wait?

Anyone who takes their financial advice from a morning zoo shock jock gets what they deserve.

vaderstg: subby to loop all gold investors into the same "Beck" category.

Or maybe he's just mocking people who were stupid enough to jump into an obvious bubble mid-inflation on the recommendation of a guy whose only apparent skill is an inability to feel shame.

It's like you're intentionally hunting around for ways to be obtuse... did the headline hit a little too close to home for you or something?

I also like people like you who get your panties wadded deep in your rectum because you're too dense to recognize the difference between someone who bought into gold long-term back in 2008 and some bozo jumping on the bandwagon now because he thinks it's only going to keep going up. There's a right way and a wrong way to invest in gold. The headline, and the mockery, is aimed squarely at the people who are quite obviously going about it the wrong way.

Which makes me ask again: you so touchy about the headline because it's a little too personal or something?

Splinshints: It's like you're intentionally hunting around for ways to be obtuse

Hey, I think we found subby!

vaderstg: Maybe it's the 5 year performance you're thinking makes him look bad. Let's see how that goes.

GLD 5yr change: +151.25%
S&P 5yr change: -14.3% (no divs reinvested - about -6% with reinvested divs)

Well shiat, I can't seem to get these numbers to work right. Maybe you meant the 10 yr return. One of you critical weenies run those numbers and get back to me.

I believe your ilk was saying the same thing about housing in '07: "Look at these 10 year ROIs! They're never gonna go down!"

Brontes: Ok, before anyone continues to trash gold/precious metal funds, please provide some other investment ideas.

Otherwise, put everything you have in gold and precious metals, because they're the only investment worth keeping.

/If you're not implying it, don't say stuff that implies it.

If you believe in high future inflation invest in stock of companies that have high debt. Ultimately, inflation will lower the costs of the debts, thus improving the bottom line compaired to companies that do not have high debt.

If you are buying gold as a hedge against the fall of civilization you are a fool, they'll just kill you and take your shiny things. Buy canned food and shotguns.

IlGreven: I believe your ilk was saying the same thing about housing in '07:

My ilk in '07 was accumulating precious metal and related assets. I lightened up at several points this year and I'm currently flat PM at the moment.

Longer horizon though? I'm very willing to buy on a big dip. We haven't solved our fiat currency issues yet. But until the euro fiasco is resolved, the dollar's the prettiest girl in an ugly, ugly room. So we get a redux of late '08. retracement under the 200d. resolution. next leg.

bootman: If you are buying gold as a hedge against the fall of civilization you are a fool, they'll just kill you and take your shiny things. Buy canned food and shotguns.

Most goldtards already have their supply of food/guns/ammo taken care of...

/just sayin'

GanjSmokr: bootman: If you are buying gold as a hedge against the fall of civilization you are a fool, they'll just kill you and take your shiny things. Buy canned food and shotguns.

Most goldtards already have their supply of food/guns/ammo taken care of...

/just sayin'

Let me try to say it another way:

Assets that make you an attractive target are liabilities in some situations.

vaderstg: Hey, I think we found subby!

A smarter person might not have made that claim of someone with 0 approved links, but, anyway, are you going to answer me or not? Did you just stupidly assume it referred to everyone because you're that delicate a snowflake or are you a sucker who bought gold because a shock jock on TV told you to?

bootman: GanjSmokr: bootman: If you are buying gold as a hedge against the fall of civilization you are a fool, they'll just kill you and take your shiny things. Buy canned food and shotguns.

Most goldtards already have their supply of food/guns/ammo taken care of...

/just sayin'

Let me try to say it another way:

Assets that make you an attractive target are liabilities in some situations.

If you are wearing your gold around your neck or dragging it behind you in an open wagon.... yea, sure.

Keep it in a safe and don't advertise you have it and "they" (I'm guessing by "they" you meant the roving mad-max style mobs) probably won't come take it from you and kill you.

GanjSmokr: If you are wearing your gold around your neck or dragging it behind you in an open wagon.... yea, sure.

Keep it in a safe and don't advertise you have it and "they" (I'm guessing by "they" you meant the roving mad-max style mobs) probably won't come take it from you and kill you.

Like the mouth breathers that Goldline's customers are will be able to keep their traps shut...

I have some butt nuggets for Glen Beck.

Gold's a decades long term play. The current drop happened because banks about to fail in europe dumped it as the asset of last resort and then that forced the weak margin holder to fold as well. I'll just leave this article here. And fyi, glenn beck does not make or break the multi billion dollar world gold market.


15 Brilliant Insights From Hedge Fund Superstar Kyle Bass

"My opinion is very simple as a fiduciary... to the extent that you own gold and you are going to own it a long time -it's not a trade. It costs us about 90 basis points a year to roll it through financial futures contracts," he said.

"And then we went and looked at the COMEX. The COMEX at the time they had about $80 billion in open interest between futures and futures options. In the warehouse they had $2.7 billion of deliverables. So $80 billion in open interest - $2.7 billion in deliverables. We're gonna own it a long time. You're on the board, as a fiduciary, what do you do? That's an easy one. You go get it. So you go take a billion of $2.7 billion and you let them worry about the rest."

"When I talked to the head of deliveries at COMEX NYMEX, I was like, 'What if 4% of the people want deliveries?' He said, 'Oh Kyle, that never happens. We rarely ever get a 1% delivery.' And I asked, 'Well what if it does happen?' And he said, 'Price will solve everything' And I said, 'Thanks, give me the gold.'"

http://www.businessinsider.com/americatalyst-kyle-bass-2011-12#on-why - he-owns-so-much-gold-14

bootman: If you believe in high future inflation invest in stock of companies that have high debt. Ultimately, inflation will lower the costs of the debts, thus improving the bottom line compaired to companies that do not have high debt.

If you are buying gold as a hedge against the fall of civilization you are a fool, they'll just kill you and take your shiny things. Buy canned food and shotguns.

Diversify. You might want a couple of rifles and concealable handguns too.

vaderstg: Maybe it's the 5 year performance you're thinking makes him look bad. Let's see how that goes.

GLD 5yr change: +151.25%
S&P 5yr change: -14.3% (no divs reinvested - about -6% with reinvested divs)

Well shiat, I can't seem to get these numbers to work right. Maybe you meant the 10 yr return. One of you critical weenies run those numbers and get back to me.

That is great is you invested in gold 5 years ago. Remember back around 1700 or so when the Chinese gathered all the gold in the world?