Would you expect anything else from a self-professed rodeo clown?
"Instead of me attempting to squash these claims, let's photoshop weiners to Weiner's face."Wed May 19, 5:21 pm ET
Fox News host and conservative talker Glenn Beck is firing back after New York Democratic Rep. Anthony Weiner issued a report critical of Goldline International, a gold retailer and one sponsor of Beck's cable show. Goldline is among several gold concerns that advertise with Beck while Beck offers testimonials about gold — an arrangement that's sparked some conflict-of-interest complaints about the pundit.
For the past two days, Beck has hit back at the congressman, claiming on the air that Weiner's tactics evoke the late red-baiting Sen. Joe McCarthy. "Now we have a congressman actually trying on the shoes of McCarthy," Beck said Wednesday morning. On Tuesday he railed that "we are in full-fledged McCarthy Land now." Beck requested Wednesday that his radio listeners submit photos showing Weiner with "his nose as a weiner," possibly to prepare for a segment devoted to the congressman's charges on a Fox television broadcast later Wednesday.
The congressman is returning Beck's rhetorical fire. "It is not surprising that Glenn Beck is attempting to deflect from his behavior in promoting Goldline," Weiner told Yahoo! News in a statement. "But the facts are clear. Goldline rips off consumers and Glenn Beck helps."
In the report (on Weiner's House website as a PDF), Weiner charges that Goldline "grossly overcharges" for coins and makes false claims about gold being a good investment. Goldline touts gold as a more solid investment in this economic climate.
The report says the gold retailer has entered "an unholy alliance with conservative pundits" — among them Beck, Fred Thompson, Dennis Miller, Mark Levin and Laura Ingraham — to "promote Goldline by playing off the fear of inflation."
"What we have found, by looking through the public records, is that very often they use their public programs to advocate purchasing gold, and then immediately, advertisements begin for Goldline," Weiner said in a news conference Tuesday.
The company says Weiner is using the gold issue to push his own agenda. Goldline President and CEO Mark Albarian told Politico that he believes the Democrat's investigation is "politically motivated" and driven by "our relationship with Glenn Beck."
Beck has had problems with sponsors in the past. Online groups including Stop Beck and ColorOfChange have urged boycotts that they claim have influenced more than 100 companies either to pull advertisements from Beck's show or to make sure their ads don't run during the show.
http://news.yahoo.com/s/ynews/201005...s/ynews_pl2136
ing moron.
Would you expect anything else from a self-professed rodeo clown?
right now gold is a good investment--a LONG term investment. So goldline "over-charges" for gold coins.......actual physically delivered gold coins are in huge demand all over the world right now. If you want to buy at the "gold price" all you're going to get is a claim for gold sold through the comex or whatever, not actual gold bullion.
If these people don't understand what or why they bought what they bought, that's hardly anyone's fault but their own.
The one thing about Glenn Beck, his sillyness takes away from his message. While he's telling you ....xyz...which is often harrowing...he does the clown act which ...lessens the message be it right or wrong. I've never liked his delivery. or that of the msnbc group or what's his name on HBO...Hannity is pure filth...what is that midgets name on HBO..his name eludes me...whatever...
I pretty much feel the same way about all of 'em. Honestly, as far as all the pundits go...love him or hate him...Limbaugh is the master. I swear, that man could sell ice to eskimos. Love him or hate him...that dude is good at what he does.....
I like how his program is set up as a college lecture, with Beck giving his audience daily lessons that they can take to work, school, Church with them the next day. It's really cool how he starts to cry whenever he tells stories about George Washington, it makes you feel like he's got a genuine connection with the founding fathers. The best moment of his show by far is when he asked Sarah Palin to the the new George Washington. The 9/12 Movement, wow, I wish I would have thought of that. Oh, and the restoration of our Sacred Honor too.
This guy is for real!!![]()
ouch...I'm as republican as you'll find but...sorry man, I think he's a goof. Apparently this is what the world has come to. As much as the left hated Nixon...I miss that man. As a side bar, only three presidents have had their IQ tested that we know of. Kennedy, Nixon, and Clinton and Nixon was far and away more intelligent than the other two. Nixon was a true genius. Kennedy and Clinton were not. I can't recall the numbers, but JFK was shockingly low...a buffoon.I thought of Chancey Gardner when I read it.
Sure, if you are stupid enough to believe what he is saying.
Actually, right now, if you're not already in, gold is a dreadful investment. Only suckers buy at the top.
It costs about $485 to mine and process an oz of gold, so when it's this high, the mines are producing in overdrive. People are also selling gold back now at record rates. Those two combined factors are going to wreak havoc on the supply, inflating it quickly and driving down the price. I've seen projections of gold back to $800 within one to two years.
lol @ crying about gold-sellers
Gots to wipe da ass of the idiot consumer for their own good, yessa
I actually used to like Beck up until he started getting all conspiratorial and using a chalkboard. Also, WTF with all the crying?
He's a bit nutty.
so the government will come in with guns and confiscate everything.... except for your gold.....Advertisements for Goldline are also featured prominently on Beck's own website, where he recently promoted gold in an audio clip warning of an apocalyptic future:
When the system eventually collapses, and the government comes with guns and confiscates, you know, everything in your home and all your possessions, and then you fight off the raving mad cannibalistic crowds that Ted Turner talked about, don't come crying to me. I told you: get gold.
http://news.yahoo.com/s/ynews/ynews_ts1022
what a fear mongering jackass.
I don't really know why Beck is crying about the poking around by Weiner.
The Truth About Glenn Beck's TV Ratings
http://www.huffingtonpost.com/eric-b...tml?view=print
Beckkk and mamma grizzly, two cartoon jerks indicating how frickin stupid America has become.
LOL...
Weiner is flat out lying. Goldline only has a 5% markup on gold bullion.
Goldline President and CEO Mark Albarian denies Weiner's charges.
"It feels like it's politically motivated in that neither the congressman nor anybody from his office ever contacted executives form the company to really ask the important questions that they need to ask to understand this business," Albarian told Politico.
Beck, too, has fired back at Weiner.
"This is again another arm of this administration coming out to try to shut me down," he said on his radio show on Tuesday.
The congressman's report based its findings on a study of 18 gold coins offered for sale on Goldline's Web site. When it compared the sale price with the value of the gold if it were melted, it found an average markup of 90 percent. Coins sold as collector items were even higher, with a markup of 152 percent, Weiner's report said.
Albarian defended gold as an investment and said his markup was 35 percent.
Read more: http://www.nydailynews.com/news/poli...#ixzz0oUdUF481
"again another arm of this administration coming out to try to shut me down,"
what other "arms" have been coming to shut BecKKK down?
The ones in his head.
Last edited by DMX7; 05-20-2010 at 02:38 PM.
I remember people making that very same argument last year when gold was 800$ an ounce.
I remember folks' thinking that real estate prices would never go down a couple of years ago.
Yes, these are all collectible coins. They sell rare coins too. I have some 40's dimes that are all silver. They are worth a great deal more than the value of the melted silver.
Their bullion coins, they sell at 5% over the gold value. They probably sell their collectibles at 35% over suggested value. these however, are worth what someone is willing to pay.
Distinction of the facts are important. I notice the article doesn't mention the word "bullion" anywhere.
Do you know how much a 1933 gold coin auctioned for in 2002? $7,590,020 for a 1933 Double Eagle. It is under on ounce of gold, and only 90%.
I really wish you liberals would understand the articles you post.
Some people will be wrong about it. There will be a top at some point, and a very high chance the gold bubble will burst, with a serious drop in value. Where the top is, is hard to determine. I didn't think it would get this high myself, but that's one reason I'm not a professional investor. I'm not good at the timing.
Expect the bubble to pop people.
What bullion coins are you talking about? You mean common bullion coins? Not even Goldline claims they sell those at only 5% over the gold value. They say they sell those with a markup STARTING AT 5% and ranging to 20%. However, no one has presented any empirical evidence to suggest these are the actual markups at all.
http://www.goldline.com/buygold-inve...riskdisclosure
In fact, Congressman Weiner included in his study coins classified as common bullion by Goldine (e.g., Canadian Maple Leaf and South African Krugerrand). According to his study's findings, those bullion coins had an average markup of 28% above the melt value.
http://www.politico.com/static/PPM116_report.html
They sell their collectable coins at 152% markup according to actual sample data and claim just a 30% to 35% markup.
Hmm.... My original post wasn't rebuking your 5% gold bullion markup claim, so I don't know why you have your panties in a bunch. However, this post is rebuking it so feel free to respond.
Last edited by DMX7; 05-21-2010 at 12:34 AM.
DMX... Do you even read and comprehend what you link?
The 5% to 20% you listed is not the markup of bullion, but the spread.
The 18 coins listed in the comparison says 9 bullion, but 5 of the 9 Eagles are collector proofs. Only 4 are plain bullion coins.
I stand by the 5% markup for non collectible, common, bullion coins. If you wish to disagree, please show me specifics. Not someone elses propaganda.
The Canadian coins are considered bullion, but they are made of the highest purity. More than any other bullion coin in the world, and are sold for more than the gold value by Canada, because of purity. Don't expect an exchange to sell them for less than what they purchase them for.
Maybe if you invested and researched investments, you would stop being a liberal lemming.
Last edited by Wild Cobra; 05-21-2010 at 10:22 AM.
if gold becomes the hard currency, you won't have your precious little auctions for those cute coins.
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