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I think most of it comes down to the right wing propaganda outlets play to the most simple of human emotions with hate and fear. They are always spreading crap that the nation is going to implode, there is going to be riots in the street, mass chaos could break out at any moment etc,.They also propagate that gold is going to be the only useful commodity.
Beck was notorious for all this "the end is near!" crap, and would push his crap on his gullible viewers like his books, food insurance, and of course gold.
Ed Schultz does the exact same thing, do you feel the same way about him?
Here's how it works: say gold is $1600 an ounce. I advertise it at $1675 plus postage and when you pay for it I buy it at $1600 and send it to you. These guys are charging big premiums for gold.
You got in early and as an inflationary hedge precious metals, land etc. can be an invaluable part of a solid investment portfolio.
Many of the posters in this forum know little about economics, finance, investment and are largely innumerate.
Heh, no kidding. Hurf durf I bought gold when back when it was $500/oz and now it's $1600! Never mind I have no idea how inflation works and that gold's actually worth about the same as it was when I bought it!
Naturally - the Liberals on City Data have to denigrate people who have bought gold - like planning for your future is a terrible thing to do.
When SHTF gold will be worthless until civilization redevelops to an extent where coinage is worth pressing. In the immediate years following the zombie apocalypse food, shelter, land, and human capital either for labor or trade in the slavery market will be the most valuable commodities. I say this having about 5% of my portfolio in precious metals including gold.
Maybe because Obama's inept policies have doubled the price of gold? and maybe because there really aren't but a thimble full of liberal talk radio shows.
The biggest commodity price jump since Obama's election has been in firearms and ammo. As a bonus they have an actual use-value. That's where the smart investor put their money.
People in fear buy guns, ammo and gold. FOX provides the fear, gets the rewards along with their advertisers. Pretty simple marketing plan emulated by Rush, Glenn, Coulter, etc.
Occasionally I will listen to conservative radio or watch Fox News, and something I have noticed is that there are frequent advertisements for investing in gold. I don't see or hear advertisements for this on other channels or stations, so I am curious as to why that is. Also, do you personally think that investing in gold is a good idea?
IMO Gold performs inversely to the global confidence in central banks. So gold can be seen as basically a trade that is based on fear - more specifically, a fear of a currency that's devaluing too rapidly.
I'll leave it up to you to connect the dots between Fox News and selling fear / societal collapse / hyperinflation.
People in fear buy guns, ammo and gold. FOX provides the fear, gets the rewards along with their advertisers. Pretty simple marketing plan emulated by Rush, Glenn, Coulter, etc.
People in fear buy guns, ammo and gold. FOX provides the fear, gets the rewards along with their advertisers. Pretty simple marketing plan emulated by Rush, Glenn, Coulter, etc.
I often suspect you are a shill for the republicans. That you cannot even recognize this either makes me sad or suspicious.
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