Glen Beck cashes in on the gold he sold you fools

Glenn Beck's Favorite Gold Company Charged With Fraud
—By Tim Murphy| Tue Nov. 1, 2011
Goldline International, the California precious metals retailer promoted by Glenn Beck and other right-wing radio hosts, was formally charged with 19 criminal counts—including grand theft by false pretenses, false advertising, and conspiracy—on Tuesday by the Santa Monica City Attorney's Office.
http://www.motherjones.com/mojo/2011/11/glenn-becks-favorite-gold-company-charged-fraud

This graphic explains it better.
http://www.ritholtz.com/blog/2010/07/glenn-beck-goldline/


Arizona gold...DSCF2699.jpg
 
Yeah...Beck and Goldline didn't sell gold. They sold highly inflated fools gold coins to idiot teabaggers and the fools bought them.
 
I haven't bought gold because all the hype has inflated prices. Someone has to pay for all those ads. But it looks like a buying opportunity will be coming fairly soon. Thanks Desh.
 
evince said:
http://www.usatoday.com/story/money...odaycomMoney-TopStories+(Money+-+Top+Stories)


The price of gold plunged 5% Friday to its lowest level in three years as economists grew increasingly worried about the economy's forward momentum heading into spring.

The price of gold futures for June delivery finished the week at $1,487, down $78 an ounce. It's the lowest close of the precious metal since it peaked at $1,889 in August 2011.
Click to expand...


Where were you when it tripled in value during the last five or six years....?

Or when it went from about 300 dollars to over 1800 in the last decade ?

Obama's distruction of the US economy is going to cause problems, you elected him, not me.....

Hows your 401k doing ?....Is you home value still under water on account of BJ Barney ?.....
 
NOVA said:
Where were you when it tripled in value during the last five or six years....?

Or when it went from about 300 dollars to over 1800 in the last decade ?

Obama's distruction of the US economy is going to cause problems, you elected him, not me.....

Hows your 401k doing ?....Is you home value still under water on account of BJ Barney ?.....
Click to expand...

Gold, not gold coins, dumbfuck.
 
What does gold make? What do commodities in general make? They don't create jobs, they artificially inflate prices, and do nothing for the economy.

What we need to invest in is America. But you won't hear that from the likes of Beck and Limbaugh. Because they are in the pockets of the extractionists. Those who take and put nothing back....those who keep their profits and have the taxpayers pay for their losses.
 
Steelplate said:
What does gold make? What do commodities in general make? They don't create jobs, they artificially inflate prices, and do nothing for the economy.

What we need to invest in is America. But you won't hear that from the likes of Beck and Limbaugh. Because they are in the pockets of the extractionists. Those who take and put nothing back....those who keep their profits and have the taxpayers pay for their losses.
Click to expand...

How ironic to see a capitalist using the word "extractionist".
 
Wow, gold takes its first dip and the sociopath pounces. I don't recommend gold because it's a safe investment with small potential for growth - not because basic commodities are scams as certain morons would claim.
 
When I told people to buy gold back in 2002 the price was $278 per ounce. If you followed my advice you are happy, even if you are selling it after the 5% drop. I did tell you to stop when it reached $1600 and that I wouldn't buy it at the highest... I hope you followed that advice as well.
 
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