Inside the Goldline scam - Glenn Beck's Buddies
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Gold is a great way to hedge against inflation, and a good investment overall. But like any financial advisor will (should) tell you, it should only be PART of your portfolio. Its more of a long term hedge against inflation and used for purposes of safety than it is for immediate profit.
That being said, i noticed the republicans and the gold companies have formed an alliance to try to sell you overpriced gold, while the pundits shamelessly plug it as the ONLY good investment at every oppertunity.
Gold is something your portfolio shoul have, maybe 10% of it, but right now the price is inflated due to the crazies pumping it up. It is a bubble. Gold should not be $2,000 an ounce. Better investment is scrap silver. Its undervalued, abundant, and not being inflated by radio talk show hosts. Bonus: in the event of colapse of society it comes in small, easily tradeable denominations.
Glenn becks goldline provider charges you too much. Like with anything, shop around first. He gets paid $32 million a year for a reason. Hes making people LOTS of money. Dont be scammed.
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Originally posted by sgreger1 View PostGold is a great way to hedge against inflation, and a good investment overall. But like any financial advisor will (should) tell you, it should only be PART of your portfolio. Its more of a long term hedge against inflation and used for purposes of safety than it is for immediate profit.
That being said, i noticed the republicans and the gold companies have formed an alliance to try to sell you overpriced gold, while the pundits shamelessly plug it as the ONLY good investment at every oppertunity.
Gold is something your portfolio shoul have, maybe 10% of it, but right now the price is inflated due to the crazies pumping it up. It is a bubble. Gold should not be $2,000 an ounce. Better investment is scrap silver. Its undervalued, abundant, and not being inflated by radio talk show hosts. Bonus: in the event of colapse of society it comes in small, easily tradeable denominations.
Glenn becks goldline provider charges you too much. Like with anything, shop around first. He gets paid $32 million a year for a reason. Hes making people LOTS of money. Dont be scammed.
were during the gold buy back of the 1933. I think they charge twice
what they are worth. A guy paid $140,000 and six months later wanted
to cash the coins in. They offered him $80,000. He testified before Congress.
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Originally posted by Joe234 View PostThey insinuate that their coins are somehow protected as gold coins
were during the gold buy back of the 1933. I think they charge twice
what they are worth. A guy paid $140,000 and six months later wanted
to cash the coins in. They offered him $80,000. He testified before Congress.
Why did the guy testify before congress, because he got jipped and paid more than something was worth? ROFL. Next time I buy something at Safeway and then see it half price at the dollar store I am going to call up my congressman. I was cheated!
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