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(Some Guy)   Sean Hannity: "For those who are thinking about investing in gold, the place I highly recommend is Goldline." Santa Monica City Attorney: Not so fast   (blog.thisvsthatshow.com) divider line 183
    More: Amusing, Gold Line Inc., Sean Hannity, investing in gold, life vests, currency crisis, Santa Monica, Bill Hemmer, city attorney  
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18345 clicks; posted to Main » on 26 Oct 2013 at 5:55 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



183 Comments   (+0 »)
   
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2013-10-26 03:48:30 PM  
Something, something, "a fool and his money", something.

Seriously. They might be using deceptive tactics but investing in a yellow metal with relatively little use is stupid in the first place.
 
2013-10-26 04:01:44 PM  
Obvious tag filing litigation?
 
2013-10-26 04:03:33 PM  
the voice over announcer says that in 2000, the US debt was 5.6 trillion dollars and that gold was selling for $279 an ounce. Then, the announcer says, that in 2010, the US debt was 14 trillion and that gold was selling at $1420 an ounce. The inference being, more debt = higher cost of gold. The value of the gold is indicated on the screen by stacks of gold coins. The stack indicating the year 2000 is smaller than the stack representing the year 2010. Finally, the voice over says that the US debt is projected to reach 20 trillion by 2016... and asks you to imagine what gold will be selling for then?

Funny how they don't mention how gold was around $1900 in September 2011, and is down roughly 1/3 from its peak.
 
2013-10-26 05:21:09 PM  
If you can't wear it, eat it, sleep under it or hunt/cook with it... it really isn't an ideal choice to have when that doomsday comes. I'd much rather have my food than your gold.
 
2013-10-26 05:40:35 PM  
That article was pretty weak.  Taking financial advice from Hannity's paid-for mouth is still stupid, though.
 
2013-10-26 05:57:45 PM  
Sean Han-

the-evan.com
 
2013-10-26 05:58:27 PM  
Santa Monica City Attorney: Not so fast

I guess that's true, but the more general statement "Everyone in the entire world with an IQ larger than their shoe size: Not so fast" would have also covered it.
 
2013-10-26 06:00:20 PM  
"Where in the world are we going to find anyone stupid enough to fall for this scam?"
 
2013-10-26 06:01:50 PM  

Apos: Sean Han-

[the-evan.com image 320x240]


Bravo!! +1 infinity!!

I have to leave this thread now because I can't stop laughing every time gramps puts his hat back on and walks out the door.
 
2013-10-26 06:01:56 PM  
Who cares? If these people don't lose money buying gold they'll just send it to some ministry.
 
2013-10-26 06:03:57 PM  
Fleecin' the Fox faithful.
 
2013-10-26 06:04:57 PM  
You can get gold coins for pennies, no idea where they get this $1420 figure from. Plus, as an incredible bonus the cheaper ones I'm referring to are full of chocolate!! Chocolate AND gold, it's genius.
 
2013-10-26 06:06:33 PM  
My fave is the gold company that uses G Gordon Liddy to advertise... because nothing screams integrity like a guy that got sent to prison for breaking into a hotel.
 
2013-10-26 06:07:26 PM  
I've always felt that using gold as a financial hedge is a bad idea.

Wouldn't you rather be heavily invested in lead, steal, gunpowder, girls and MREs when the financial system collapses?
 
2013-10-26 06:08:09 PM  

Nina_Hartley's_Ass: "Where in the world are we going to find anyone stupid enough to fall for this scam?"


lifeseek.org
 
2013-10-26 06:08:16 PM  
blog.thisvsthatshow.com

i.imgur.com
 
2013-10-26 06:09:04 PM  

Oldiron_79: My fave is the gold company that uses G Gordon Liddy to advertise... because nothing screams integrity like a guy that got sent to prison for breaking into a hotel.


don't forget the American flag speedo
 
2013-10-26 06:09:12 PM  

video man: yellow metal with relatively little use


Uh... gold is actually extremely useful. Particularly in high end electronics and particularly particularly for electronics and other crap being launched into space.
 
2013-10-26 06:09:50 PM  

video man: Seriously. They might be using deceptive tactics but investing in a yellow metal with relatively little use is stupid in the first place.


If you ran a Ponzi scheme and advertised it openly as a Ponzi scheme, is it still fraud?
 
2013-10-26 06:11:47 PM  
Gee.... I wonder why these companies target Fox News and conservative talk radio? I wonder what it might be about the people who consume that type of media that makes them attractive targets for this sort of skeevy marketing?

I can't imagine what it might be....
 
2013-10-26 06:12:00 PM  
i.imgur.com
 
2013-10-26 06:12:23 PM  

iheartscotch: I've always felt that using gold as a financial hedge is a bad idea.

Wouldn't you rather be heavily invested in lead, steal, gunpowder, girls and MREs when the financial system collapses?


I think cgarettes, booze and soap would be the ideal doomsday barter commodities.
 
2013-10-26 06:12:54 PM  

YoOjo: You can get gold coins for pennies, no idea where they get this $1420 figure from. Plus, as an incredible bonus the cheaper ones I'm referring to are full of chocolate!! Chocolate AND gold, it's genius.


Yeah, and at this time of year; people just hand them out like candy.

/ last year; I forgot it was Halloween and freaked when somebody knocked. I might have answered the door with a baseball bat. Can you say awkward?

// I keed
 
2013-10-26 06:13:12 PM  
FOX News: Selling fear to old and/or paranoid people since 1996!
 
2013-10-26 06:14:09 PM  
Wait......so advertisers are trying to sell a product that may or may not have value  and using celebrities as spokespersons!? We need to let the celebrities know right away so they don't ever do this agai...............................oh wait......................why is this news?
 
2013-10-26 06:14:44 PM  

iheartscotch: I've always felt that using gold as a financial hedge is a bad idea.

Wouldn't you rather be heavily invested in lead, steal, gunpowder, girls and MREs when the financial system collapses?


There's a difference between hedging against market volatility and hedging against society's collapse. Gold (actual gold investments from the market, that is) is actually a legitimate hedge against market swings because over long enough periods it tends to be stable on the average... not so much against zombie or liberal apocalypses, though. Gold bullets aren't really very effective.
 
2013-10-26 06:14:51 PM  

BMFPitt: video man: Seriously. They might be using deceptive tactics but investing in a yellow metal with relatively little use is stupid in the first place.

If you ran a Ponzi scheme and advertised it openly as a Ponzi scheme, is it still fraud?


Not if you're a true patriot and real 'Murican.
 
2013-10-26 06:16:10 PM  

Lordserb: why is this news?


Because it's not a $30 Thighmaster. People are clearing out their life savings for this crap.
 
2013-10-26 06:16:18 PM  

Lordserb: Wait......so advertisers are trying to sell a product that may or may not have value  and using celebrities as spokespersons!? We need to let the celebrities know right away so they don't ever do this agai...............................oh wait......................why is this news?


It's not, it's a blog. And it's notable because it's fraud and they've actually been prosecuted successfully over fraud charges before.

Any more questions that you really shouldn't need answered for you?
 
2013-10-26 06:17:07 PM  
 
2013-10-26 06:18:29 PM  

iheartscotch: I've always felt that using gold as a financial hedge is a bad idea.

Wouldn't you rather be heavily invested in lead, steal, gunpowder, girls and MREs when the financial system collapses?


Yeah I don't necessarily buy into that, but I think it might come down to the projected state of the nation after a collapse. If it is a relatively short time period then the gold would be useful since it would allow you to rebound in whatever the new economy is quickly, but if the country doesn't recover for years then you're basically stuck with hunks of worthless metal when you would need things like food, shelter, and guns/ammo.
 
2013-10-26 06:18:56 PM  
Is there any information in this "article" that isn't a year or more old?
 
2013-10-26 06:18:57 PM  

libranoelrose: Oldiron_79: My fave is the gold company that uses G Gordon Liddy to advertise... because nothing screams integrity like a guy that got sent to prison for breaking into a hotel.

don't forget the American flag speedo


I repeat:

lifeseek.org
 
2013-10-26 06:19:29 PM  

Skirl Hutsenreiter: iheartscotch: I've always felt that using gold as a financial hedge is a bad idea.

Wouldn't you rather be heavily invested in lead, steal, gunpowder, girls and MREs when the financial system collapses?

I think cgarettes, booze and soap would be the ideal doomsday barter commodities.


The thing is, even if your bunker is full of that kind of stuff; that would imply you would consider trading with other people a viable option in a post Apocalypse society. I just don't think that would be realistic; mostly because, people are assholes.

/ if the end ever does happen; I'm going into "shoot first; ask questions later, if ever" mode
 
2013-10-26 06:20:51 PM  

skozlaw: It's not, it's a blog. And it's notable because it's fraud and they've actually been prosecuted successfully over fraud charges before.

Any more questions that you really shouldn't need answered for you?


It's news because its on Fark, which is why I made the comment.

As for notable, it's just as notable as all the commercials selling "collector's coins" that are essentially worthless as well...and is therefore not anything newsworthy...
 
2013-10-26 06:20:55 PM  

Skirl Hutsenreiter: iheartscotch: I've always felt that using gold as a financial hedge is a bad idea.

Wouldn't you rather be heavily invested in lead, steal, gunpowder, girls and MREs when the financial system collapses?

I think cgarettes, booze and soap would be the ideal doomsday barter commodities.


Booze, antibiotics, and chocolates are my fave stockpiles. Cipro and rum, my friends.
 
2013-10-26 06:24:25 PM  
The problem with stockpiling ammo as EOTW insurance is that you only have to miss with one shot and you're done, toast, kaput, and all your insurance gets transfered to someone else.
Whereas, if you stockpile tangerines you can eat them, which is nice.
 
2013-10-26 06:25:07 PM  

Skirl Hutsenreiter: iheartscotch: I've always felt that using gold as a financial hedge is a bad idea.

Wouldn't you rather be heavily invested in lead, steal, gunpowder, girls and MREs when the financial system collapses?

I think cgarettes, booze and soap would be the ideal doomsday barter commodities.


All good items to have, but you guys forgot about tampons. If you are concerned about a major collapse of civilization, gold would only be valuable to those who aren't starving yet and believe society as we know it will return. Otherwise, gold will be worthless. As a means to add diversity to your investments, though, it's not a terrible idea.
 
2013-10-26 06:25:13 PM  

Skirl Hutsenreiter: iheartscotch: I've always felt that using gold as a financial hedge is a bad idea.

Wouldn't you rather be heavily invested in lead, steal, gunpowder, girls and MREs when the financial system collapses?

I think cgarettes, booze and soap would be the ideal doomsday barter commodities.



After doomsday, there will be plenty of ashes and dead bodies, so making soap won't be too hard.
 
2013-10-26 06:26:38 PM  

Lordserb: Wait......so advertisers are trying to sell a product that may or may not have value  and using celebrities as spokespersons!? We need to let the celebrities know right away so they don't ever do this agai...............................oh wait......................why is this news?


If they were selling a usable product, that would be one thing.  They are selling these as investments / financial instruments.  But even if they were selling coffee cups, you still can't lie and say they'll sure cancer.
 
2013-10-26 06:27:20 PM  

Lordserb: It's not news because its on Fark.com


FTFY
 
2013-10-26 06:27:51 PM  

noitsnot: Skirl Hutsenreiter: iheartscotch: I've always felt that using gold as a financial hedge is a bad idea.

Wouldn't you rather be heavily invested in lead, steal, gunpowder, girls and MREs when the financial system collapses?

I think cgarettes, booze and soap would be the ideal doomsday barter commodities.


After doomsday, there will be plenty of ashes and dead bodies, so making soap won't be too hard.


img.bloo.it
 
2013-10-26 06:28:04 PM  

YoOjo: The problem with stockpiling ammo as EOTW insurance is that you only have to miss with one shot and you're done, toast, kaput, and all your insurance gets transfered to someone else.
Whereas, if you stockpile tangerines you can eat them, which is nice.


So would shots of tangerine flavored vodka be the ultimate currency of the new world order?
 
2013-10-26 06:29:56 PM  

Mega Steve: Lordserb: It's not news because its on Fark.com

FTFY


Ahh yes, I forget my location.
 
2013-10-26 06:31:17 PM  
FTFA:

"The ruggedly handsome actor William Devane stars in a series of Goldline commercials..."

No, he doesn't.
 
2013-10-26 06:31:53 PM  

skozlaw: iheartscotch: I've always felt that using gold as a financial hedge is a bad idea.

Wouldn't you rather be heavily invested in lead, steal, gunpowder, girls and MREs when the financial system collapses?

There's a difference between hedging against market volatility and hedging against society's collapse. Gold (actual gold investments from the market, that is) is actually a legitimate hedge against market swings because over long enough periods it tends to be stable on the average... not so much against zombie or liberal apocalypses, though. Gold bullets aren't really very effective.


I understand that gold is a legitimate hedge/investment against limited market volatility. The thing is; that investment is worthless if no one wants to buy it. You can say, "my stuff is worth millions of dollars "; but, if you can't find a buyer at that price, is it really worth that amount of money?

/ I call this the pawn shop theorem. I'm sure you've seen the pawn stars memes floating around on the Internet; this is the same idea.
 
2013-10-26 06:32:45 PM  

Satanic_Hamster: Lordserb: Wait......so advertisers are trying to sell a product that may or may not have value  and using celebrities as spokespersons!? We need to let the celebrities know right away so they don't ever do this agai...............................oh wait......................why is this news?

If they were selling a usable product, that would be one thing.  They are selling these as investments / financial instruments.  But even if they were selling coffee cups, you still can't lie and say they'll sure cancer.


Are you cure they won't sure cancer?
 
2013-10-26 06:33:03 PM  

iheartscotch: / if the end ever does happen; I'm going into "shoot first; ask questions later, if ever" mode


Lovely. Just the type of person we want rebuilding "society".
 
2013-10-26 06:33:50 PM  
If I buy gold from Goldline, will they actually mail me gold? Or will my money be "safely" invested in gold?
I see the ads, but know nothing about them. I just assume a company advertising investments in precious metals or coins is a scam.
 
2013-10-26 06:33:50 PM  

Lordserb: So would shots of tangerine flavored vodka be the ultimate currency of the new world order?


I wish you join your post-apocalyptic dystopia.  Please add me to your subscription list.

/writing a new national anthem
/raising our voices you'll hear it and witness, we've made our new choices with spirits and citrus
 
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