Real consequences to Beck's scare tactics

#26
#26
IPorange said:
Guns and ammo, perhaps store some dried goods. Oatmeal will be worth it's weight in gold if millions of people are roaming the apocalyptic radioactive wastes looking for food.

Which only illustrates how silly it is to think like that in the first place.
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Hey...it's everyone doing their part to stimulate the economy. Obama does it with paving roads and street signs promoting it. Beck does it with stockpiling for Armageddon.
 
#27
#27
I just find it easier to concentrate on those that have a real hand in my money. Not someone that is pushing gold or whatever else that in the end is my decision.
 
#29
#29
what kind of mark ups are they charging? Nothing wrong with charging a 5% mark up, imo

I have no problem with someone wanting to buy a American Buffalo or Eagle. Your best bet would be with Silver coins because how are you going to buy a loaf of bread with a 1oz gold coin?
 
#30
#30
VolsNSkinsFan said:
what kind of mark ups are they charging? Nothing wrong with charging a 5% mark up, imo

I have no problem with someone wanting to buy a American Buffalo or Eagle. Your best bet would be with Silver coins because how are you going to buy a loaf of bread with a 1oz gold coin?
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20% minimum, if not higher. they can charge whatever they want, but it's still a stupid investment that is being sold based on fear and greed.
 
#31
#31
lawgator1 said:
Goldline

Scam

Fraud

Frighten

Goldline


Beck talks about the economy about to collapse, says you need to buy gold. On comes the goldline commercial -- sometimes with voice over by Beck himself.

They are a fraud. They prey on old people by telling them they need to buy overpriced gold coins because the government won't come and take those like they did bullion for one year in the 1930s.

Shameful.
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Considering your leader and the left is fully aligned with the unions and all the backdoor deals they reach to protect tehmselves and their pentions all while bascially taking a dump on anyone else your argument about Beck and Goldline and trying to say he is preying on old people further reiterates the fact that you are an imbecile who only sees things the GOP supports as a fraud and all the Democrats do things by the book and make everything equal.

You've become and utter clown and I can't believe people still try and make a point to you. Your so stubborn (A true Liberal quality) you refuse to see things any other way. It takes a said individual to only look at things from one point of view. You must be an elitest just like the current Administration who continues to prove they believe that everyone else is stupid and they are the only ones that know anything. It's quite sad.
 
#32
#32
droski said:
i hate to agree with LG, but these gold ads are shameful. they absolutely rip people when they buy the coins. huge profit margins. people would be far better off buying the gld if they want to buy gold. i get clients telling me they are buying these things because they want something to barter with if the world goes to hell. i tell them they should be buying guns if they think that is going to happen.
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For some reason I can't get this song out of my head now

YouTube - Gold Guns Girls [Official Music Video] - METRIC
 
#33
#33
china must listen to Beck because either last year or earlier this year, they were looking to purchase about 60billion in gold. lawGAYtor you're losing it.
 
#34
#34
The Danger of Beck's Rhetoric timeline:

First: Beck's hate mongering will cause violence and death. He will rile people up and right wing nut jobs will start shooting up the place.

After that didn't happen.

Replaced by: Beck's hate mongering and talking down the econonmy will cause old people to buy worthless gold.

Turns out many left and right are hawking the same product from a company with an A+ BBB rating.

Soon to be followed by: Beck's hate mongering is causing LGs erectile dysfunction and hampering his ability to do exactly what O'Donnell preached against while viewing YouTube videos of Palin and O'Donnell.
 
#36
#36
Weiner is somewhat of a character himself

weiner.jpg


in a pencil necked geek sort of way.

Wonder if he can tell you how much gold is in
the BIS vault???
 
#37
#37
I think the point with this particular outfit -- goldline -- is that they sell the coins, which hooks into Beck's mantra about the coming economic apocalypse. The concern is that some of the people (not all) that are buying these things are doing it because Beck has scared them into thinking they have to own gold in this particular vehicle of coinage because, otherwise, as in in 1933, the federal government will come knocking and demand all their bullion.

As though the other vehicles have people buying actual gold bars and hiding them under their beds.

As an aside on that, a guy on CNBC (he was not political at all) was saying he thought that the gold market was in for a major downward correction because there is virtually no longer any commercial market for gold. It has value only because two people (the buyer and seller) think it does. His prediction is that there will be a tipping point and enough people will realize that and it will plummet.
 
#38
#38
lawgator1 said:
I think the point with this particular outfit -- goldline -- is that they sell the coins, which hooks into Beck's mantra about the coming economic apocalypse. The concern is that some of the people (not all) that are buying these things are doing it because Beck has scared them into thinking they have to own gold in this particular vehicle of coinage because, otherwise, as in in 1933, the federal government will come knocking and demand all their bullion.

As though the other vehicles have people buying actual gold bars and hiding them under their beds.

As an aside on that, a guy on CNBC (he was not political at all) was saying he thought that the gold market was in for a major downward correction because there is virtually no longer any commercial market for gold. It has value only because two people (the buyer and seller) think it does. His prediction is that there will be a tipping point and enough people will realize that and it will plummet.
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sort of like the housing bubble that was driven primarily by the policies of Barney Frank and Chris Dodd. The difference here is that when gold collapses, it's not going to take the economy with it.
 
#39
#39
Gold hit an all time high today, $1,300+ per ounce.

au75-pres.gif


Adjusted for inflation that is $2,200 in 1980 dollars.

goldEagleObv.jpg
gold_mapleleaf_rev.jpg
krugerrand.jpg


Dow up 3% in 5 years
Gold up 96% in 5 years
 
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#40
#40
gsvol said:
Gold hit an all time high today, $1,300+ per ounce.

au75-pres.gif


Adjusted for inflation that is $2,200 in 1980 dollars.

goldEagleObv.jpg
gold_mapleleaf_rev.jpg
krugerrand.jpg


Dow up 3% in 5 years
Gold up 96% in 5 years
Click to expand...

How does one mark a market price to reflect 1980 dollars? Market reflects current value in current dollars and that value impounds inflation but, rightfully, has nothing to do with historical pricing.
Posted via VolNation Mobile
 
#41
#41
BigPapaVol said:
How does one mark a market price to reflect 1980 dollars? Market reflects current value in current dollars and that value impounds inflation but, rightfully, has nothing to do with historical pricing.
Posted via VolNation Mobile
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The point is that the price has beat inflation, at least in the last thirty years.

One good question deserves another.

Can you explain how the US government 'monetizes the national debt?'
 
#42
#42
lawgator1 said:
Goldline

Scam

Fraud

Frighten

Goldline


Beck talks about the economy about to collapse, says you need to buy gold. On comes the goldline commercial -- sometimes with voice over by Beck himself.

They are a fraud. They prey on old people by telling them they need to buy overpriced gold coins because the government won't come and take those like they did bullion for one year in the 1930s.

Shameful.
Click to expand...

Perhaps you over look one minor point! He is not forcing people to buy gold, unlike our President that is forcing ALL Americans to buy healthcare, where premimums have gone up about 20% since his plan was voted into law. We should all just say NO!
 
#43
#43
Oldvol75 said:
Perhaps you over look one minor point! He is not forcing people to buy gold, unlike our President that is forcing ALL Americans to buy healthcare, where premimums have gone up about 20% since his plan was voted into law. We should all just say NO!
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Ditto +1.

Now many insurance companies are dropping coverage for all children because obamamacare would either banckrupt them or send the cost of all premiums soaring.
 
#44
#44
This morning I was flipping channels before leaving for work and Fox's insipid morning show had on it the Fox Network business editor. Can't remember his name. Anyway, he was saying that gold is being invested in and going to go up. Started saying that the feds want data now on who is buying and selling it. This just went hand in glove with the Beck scare tactics.

I tell you, I am going to start listening to Beck's radio show and whenver he starts touting a new product to stave off the coming nightmare of mobs in the streets and anarchy, I am going to buy me some and then sell it like 3 months later. Will have cleared out all the suckers by then.
 
#46
#46
lawgator1 said:
This morning I was flipping channels before leaving for work and Fox's insipid morning show had on it the Fox Network business editor. Can't remember his name. Anyway, he was saying that gold is being invested in and going to go up. Started saying that the feds want data now on who is buying and selling it. This just went hand in glove with the Beck scare tactics.

I tell you, I am going to start listening to Beck's radio show and whenver he starts touting a new product to stave off the coming nightmare of mobs in the streets and anarchy, I am going to buy me some and then sell it like 3 months later. Will have cleared out all the suckers by then.
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all evidence to the contrary
 
#47
#47
T-TownVol said:
[/B]

all evidence to the contrary
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No, I mean, like if tomorrow he comes on the radio and says "You know, friends, in 1939, just before the Nazis tried to take over the world, people used to really value their chamber pots. Chamber pots were critical for life down on the farm. But then the Nazis got going and there was also indoor plumbing and chamber pots mysteriously vanished. One wonders if, as our society crumbles around us, we might need some chamber pots ...." followed by Beck doing a voice over for Chamber Pots, USA.

I would go buy me some chamber pots and then sell them by the side of the road. Especially like in West Virginia and Mississipi.
 
#50
#50
gsvol said:
The point is that the price has beat inflation, at least in the last thirty years.

One good question deserves another.

Can you explain how the US government 'monetizes the national debt?'
Click to expand...

it massively underperformed inflation for 20 years. the last 4 has made the difference. of course the same could be said for the early 80s. the gold price then dropped 60% after that.
 
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