Peter Schiff Glenn Beck Goldline and the Gold manipulation

[ThaigerDon]

peter schiff gets cut off, then amity goes on to explain at 6:29 that after spending alot we got off the gold clause and banned gold from being used as a currency, doesn't mention this was through the federal reserve, and then she says "you have to take the money, and we're going to inflate it"

CFRs do a shitty job at disproving conspiracy theories, don't they?

[Iaazathoth]

@greenii44 No, ETF is the way to make money on gold. If you are buying gold to hoard in your safe, then you are a fool. Do you work for Goldline? Gold is a HORRIBLE long term investment, especially given the over priced market today. However, it can be an excellent source for a rolling stock type strategy for making good profits on short term buy-ins.

I hope your friends and family aren't listening to you.

[999silverrush]

LOL.... KEYWORDS... "ON WEIGHT VALUE". Tell someone buying a picasso painting that they could have saved millions by buying a painting from a skilled college art major instead. They would laugh, just the same as I would laugh by you telling me one of the millions of gold eagles is worth the same as a grade 70 1825 gold coin. PS- I still wouldnt buy it though.

How's that "gold will tank" prediction coming along for you and your buddies? LMAO. Go buy some mississippi bonds instead MORON.

[pinup22]

Scottsdale Silver is where I buy now. Better prices and they take credit cards. Just pure bullion, no silly collector crap, and no need for a broker. All online.

[nestorysusamigos]

Glenn Beck started his career as a stand-up comic. 

[colliertng]

@greenii44, Agreed!

[450984]

Glenn Beck is an IGNORANT CLOWN, a gas bag & a windbag!

[dwp912]

Love Beck but,would not buy from any company on tv.....Apmex dot com..for great deals.

[Steve2323ZX]

Glenn Beck is recommending people buy gold? this can't be good at all.

It's like when the shoe shine boy started talking to you about buying real estate, you know there is a bubble and it's about to burst.

[pretorious700]

Unbelievable. If consumers are stupid and ill advised it's their own fault. There is plenty of data and competitive pricing out there if you do the research...How condesending can you get?

[mostecri]

@pretorious700

i thought people watched beck to be advised

at least that was the latest joke i was told. still laughing at the thought of it!!!

[FarangBalls]

Wow the CFR is so friendly and helpful these days.

[sciflyer67]

Buy it online using Bing & Mr. Rebates and you can get it for under spot!

Fiat currency is backed by nothing - Gold is Money.

[quest2k]

if people are that stupid to not do a price comparison and just buy from Goldline with out checking other places then thats their OWN FALT! Now here comes this congressman to save the stupid people who cant do a price comparison,this happens all the time with many products.businesses get Pro athletes or celebrities to endorse their products all the time & yes the product might not be the lowest price on the market, thats why you LOOK for the best bargain. someone tell this dumb ass congressman

[hexzerg]

@quest2k Yes, in all seriousness. Do you buy a TV just because some celebrity tells you to?

[engine2truck6]

Hey! at 02:10 - It's McFly from "Back to the Future" !!!!

[savemyplaylist]

To preserve my wealth I shove gold bars straight up my ass.

[Thumperj77]

I bought 4 ounces of gold over a year ago. I have sold it because I needed the funds and made a $1000 profit.

Oh, and I bought it through Goldline.

[principles101]

@Thumperj77 You would have probably made a $5000 profit if you bought it elsewhere.

[Allamericom]

The federal  reserve plays off the ignorance of the American people Backed by NOTHING

End the Fed and the inside 911 ploys will end with them

[chiyerano]

Goldline has been trying to contact me about buying gold. I wouldn't buy from them because I think their items ARE overpriced. Kind of funny what happened around 5:04 with Schiff. Looking forward to checking out Schiff's gold company.

[Twiggy269]

That "Competitor cost" of 1,600 is NOT for gold, it's for a piece of paper that says, we may give you gold in return if you want it at a future date, but at our discretion, we can give you back your dollars and keep the gold if we want"

when gold hits $5,000 an ounce, and you bought yours for 1,100 yeah thats right, they'll just give you your 5grand and keep your gold.

Why would I want a bunch of worthless paper?

As usual, MSNBC lies their asses off because they want some of Fox's ratings.

[clearasvodka]

Goldline is a ripoff! Go to APMEX, Ebay or a local coin shop. Don't pay more than $50 over spot price per ounce of gold. If you do, you are a sucker....

[ForTehNguyen]

goldline tried to rip me off, go to APMEX

[82abhilash]

Glenn Back most likely does not know what happens at Goldline. They are probably lining his pocket and he does not want to kill the goose that lays some golden metals for him. Most people are like that, they turn a blind eye to the misdeeds of those that write checks for them.

[manhatin]

I heard Beck's new sponsor is a company that sells gold-plated seeds.

[EMPIRE0FLIES]

1100 an ounce and they mark it up to 1500? I buy from BDI and its usually 60 bucks tops over spot. I better get out my acid again and make sure its gold. Those markups are friggin insane!!!

[ahzie99]

In Peter Schiff We Trust!

[Halonkata]

@ahzie99 In truth We trust :)

[GreatInca]

Gainesville coins is at 3-4% markup for gold ($3.35 for 25-box of 10 gram bars)

[realguy420]

Haha it's great how Peter dominates the conversations by never stopping with the truth until they are forced to interrupt him.

[austinallenfin]

ETF SPDR gold is paper. They probably don't even have the gold to back the paper. Buy to gold and keep it yourself.

[EMPIRE0FLIES]

CFR= EVIL She has a nice smile though.

[principles101]

@EMPIRE0FLIES A wolf in sheeps clothing.

[readywerx]

that is/was a strange broadcast..... really? What was all that?

[rich232399]

rolflmao,,, the end hahahahah

[proxy4718]

the people that buy from Goldline, are the people that voted for Sen. Scott Brown, are the people that think that Glen Beck is someone you should trust, are the people too stupid to google "how to buy gold", are the people that are the baby-boomers. Thank god I am young, i'll just wait them out!

[HumanAccount]

@proxy4718 I bought from bullion from Goldline, They do try to push bullshit cions on you first but if you just tell them to fuck off and give you bullion, its fine....anyone who buys ETF gold is a fucking idiot

[Bezwaar123]

@proxy4718

What a massive assumption to make about tens of millions of people. Must be because you're young...

[zrzr4]

That was great.

[DarkwingScooter]

I agree the mark-up is ridiculous, but so is comparing the coin price to the value of the gold it contains.

[qualm43]

a 20% spread on purchasing gold is disgustingly huge. I don't think people realize that. No one is questioning gold as an investment, they are questioning over-priced commisions from the dealer at goldline.

[HumanAccount]

those are coins not bullion...big fucking difference and gold is at a all time high but not when adjusted to inflation....it was well over 2 grand in the 70's in relative terms to now

[Brak82]

@HumanAccount so what the DOW was over 20000 in relative terms

[HumanAccount]

@Brak82 so what does that say how far the DOW has really fallen? Don't buy gold and don't listen to peter schiff...i don't give a shit, your loss

[Brak82]

@HumanAccount i dont listen to him, i dont invest in anything, the less you posses the less you can loose. This is real freedom. I dont need anything but food, a place to sleep, the internet and love.

[HumanAccount]

@Brak82 well once you move out of your parents house .. you might wake up

[Brak82]

@HumanAccount happened 10 years ago. End offtopic.

[Tenatiouz]

@HumanAccount gold is only high because of inflation. Dollars worth less, so it costs more dollars to purchase gold because of the Dollar's declining purchasing power. If you were to buy gold in say Silver money instead, it wouldn't be so high. You could purchase gold in any other fashion as long as it's worth more than Dollars and gold will not be as high. You could even buy gold in copper for less than what it costs in Dollars, that's why the government stopped printing pennies in copper.

[HumanAccount]

@Tenatiouz i am about 80 percent invested in silver and 20 in Gold....so i see what your saying but your comparisons are all precious metals and all precious metals should rise due to inflation...compare gold to oil or the median house price and it performs quite well

[Tenatiouz]

@HumanAccount well I'm just using other coinage/metals because of it being known as another form of currency. You could replace that with marijuana and it would still cost less to purchase gold with marijuana than it would with Dollars.

[HumanAccount]

@Tenatiouz matters what type of marijuana but yeah any solid commodity

[lindabebe835]

Peter knows his stuff. Grateful for people like him.

[MichaelDanePetersen]

@5:01 in the clip, Peter Schiff gets cut off by the NSA/Homeland Securty. Telling the truth about paper currency vs. Gold is now considered terrorism in America.

[yushaos]

I laughed so hard when Peter Schiff got off air when talking about gold. LOL.

[halo3pro45]

@yushaos Why would you laugh? Doesn't that frighten you! Jesus fuck man look at how we are being manipulated! The only plausible excuse is if you live in a different country.

I want to move but I am only 18 years old :(

[thane17]

"maybe it was LInda McMahon" hahaha Gotta love Peter's funny ones!

[MIT2004]

@thane17 im telling you if people dont support him for his economic advise they should at least support him for his comedy.

[stormcrow2525]

I wouldn't trust Glen Beck to recommend a pencil salesman.

[bradleymxz]

Big deal. I went to Postnet to ship a package and they wanted to charge me $100. I took it to USPS and it was 11 bucks.....go after them too. If you buy gold from a dealer you deserve to be ripped off......Ebay is the only way to buy it...i was buying silver below spot price for 2-3 days

[johnsenkenn]

@bradleymxz

Is what you bought what you think it is.

[bradleymxz]

@johnsenkenn indeed. if you are smart you know how to work it

[bobdole57]

Haha Council on Foreign Relations. I trust her.

[stealthpakfa]

@bobdole57

lol

[principles101]

@bobdole57 Exactly! CFR...I'll run right out now with her great advice in hand! HAhahahah!

[tonelove14]

Nice poke at Linda McMahon at the end