GOLD 0.11% $1,311.6 gold futures

gold, page-49062

  1. 15,705 Posts.
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    This company sells gold and silver on TV in the USA, targeting oldies, trying to convince them that they can 'preserve their capital' and that precious metals are a 'safe haven'. Several companies have done this over the years, trying to flog off overpriced gold and silver because of the 'debt clock' and the 'inevitable stock market crash'.

    They often use supposedly well known front men like Ron Paul, (who lost a fortune on gold and silver stocks), politician and Christian Minister Mike Huckabee (how could you possibly go wrong listening to a christian), and economist Chris Martenson, who for years has warned of liquidity crises, peak oil and stagflation.

    10 years ago Glenn Beck and Goldline used to run an early evening programme discussing how gold purchases from Goldline would insulate purchasers from the inevitable worldwide economic implosion, which hasn't happened of course, in fact those that bought gold and silver not only found their gold coins weren't worth what they thought they were, but gold and silver have since crashed, - how ironic. Goldline ended up in court.

    Impoverishing many gullible people sucked in by these hawkers, and of course gold has done nothing for the last 5 years, even a bank deposit has outperformed gold. A very expensive 'investment'.

    Yes sir, you can buy a Krugerrand for only US$1,462.76 (plus shipping), current gold price $1,292. All with a bit of patriotic fervour and a couple of misleading charts.

    https://www.learcapital.com
    Last edited by Skol: 12/03/19
 
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