@Keyo717 Actually, he is dead on about gold and the U.S. policies on it's currency.
The dollar from 1913 to today: the dollar today takes 21.50, including inflatiion, to equal the buying power of one dollar of 1913.
It's safe to say that we are defacing our currency to continue our dying Global Empire. Given that putting the dollar back on the Gold Standard won't fix everything it will help with the cost of things.
Everything else he says is shit though, I will agree to that.
And conflict of interest aside, the main problem with Glenn Beck is that he has misled his viewers into buying antique Swiss Francs and other foreign coins from Goldline, a company that marks up its coins by at least 1/3. Just think about that number for a second. Imagine every time you invest $100, you are actually only getting about $67 worth of Gold. Yeah, truly a great way to save your nest eggs. And that is what Glenn Beck is selling to his audience.
The key to any investment strategy is diversification. So what this Snake Oil Salesman is selling is the opposite of that. I pity the people who followed his advice and suffers from a Gold price correction in the future.
The thing i never understood is why people are so for the gold standard. It is really no different than fiat currency (paper money). Look at the stock market, gold can go up to infinite in price. And since it's a limited quantity, people will just make smaller and smaller coins. Just imagine if we pegged our currency to gold right now; it will be extremely volatile. Also, when the dollar was based on the gold standard, we had the great depression.
why would you buy gold stock with dollars that might be worthless? Why would the gold sellers sell their precious metals for soon to be worthless dollars? Furthermore, if you buy gold stock and only get a certificate then how can you get your gold when the dollar does/if collapses?
You know why I like Glenn Beck?
Because there will never be a bigger or moar successful troll.
JelloOnline 1 year ago 2
@Keyo717 Actually, he is dead on about gold and the U.S. policies on it's currency.
The dollar from 1913 to today: the dollar today takes 21.50, including inflatiion, to equal the buying power of one dollar of 1913.
It's safe to say that we are defacing our currency to continue our dying Global Empire. Given that putting the dollar back on the Gold Standard won't fix everything it will help with the cost of things.
Everything else he says is shit though, I will agree to that.
gdog066 1 year ago
We'll be back after this from GOLDLINE:
rednose208 1 year ago
How can fox news continue this brainwash.
AwsmUsername 1 year ago
every time I hear of anyone that believes ANYTHING that comes out of this ass clowns mouth I'm shocked!
Keyo717 1 year ago 2
And conflict of interest aside, the main problem with Glenn Beck is that he has misled his viewers into buying antique Swiss Francs and other foreign coins from Goldline, a company that marks up its coins by at least 1/3. Just think about that number for a second. Imagine every time you invest $100, you are actually only getting about $67 worth of Gold. Yeah, truly a great way to save your nest eggs. And that is what Glenn Beck is selling to his audience.
Google "Goldline FTC Complaints. "
DifangDuana 1 year ago
The key to any investment strategy is diversification. So what this Snake Oil Salesman is selling is the opposite of that. I pity the people who followed his advice and suffers from a Gold price correction in the future.
DifangDuana 1 year ago
Obey Glenn Beck. Buy his snake oil.
Seriously. Obey, bitch.
adamsfall 1 year ago
The thing i never understood is why people are so for the gold standard. It is really no different than fiat currency (paper money). Look at the stock market, gold can go up to infinite in price. And since it's a limited quantity, people will just make smaller and smaller coins. Just imagine if we pegged our currency to gold right now; it will be extremely volatile. Also, when the dollar was based on the gold standard, we had the great depression.
titansgs 2 years ago
why would you buy gold stock with dollars that might be worthless? Why would the gold sellers sell their precious metals for soon to be worthless dollars? Furthermore, if you buy gold stock and only get a certificate then how can you get your gold when the dollar does/if collapses?
girardbcp 2 years ago