Gold

[06wildcat]

Radio shows often included the host promoting a product in a live, casual manner.  Kinda like Jim Rome talking about what flavor of 5-hour each crew member prefers.  It's still just a promotion.  I seldom listen to GB, so I'm not sure exactly how it sounds on air though...

That's not what he is doing. Beck's not reading the ad copy. He's just telling people to buy gold and lists every reason but the fact he's being paid by Goldline to buy it. Now to most people it's blindly obvious that he's getting a portion of that money because when they go to commercial break there an ad for Goldline. It's like a doctor being paid to prescribe one pill over another, only a hell of a lot more obvious and not really ethically wrong. The ethics come in when Beck is shilling for gold and accepting advertising from probably the worst place on the planet to buy your gold from. But a fool and his money...

[Trim]

Even retards know the difference between a commercial and entertainment/news etc.

I don't know the difference between a commercial and entertainment/news etc.

[Jeffy]

Looks like there are several folks in this thread that got burned by buying Extenze from Ron Jeremy.

[john "teach me how to" dougie]

Radio shows often included the host promoting a product in a live, casual manner.  Kinda like Jim Rome talking about what flavor of 5-hour each crew member prefers.  It's still just a promotion.  I seldom listen to GB, so I'm not sure exactly how it sounds on air though...

That's not what he is doing. Beck's not reading the ad copy. He's just telling people to buy gold and lists every reason but the fact he's being paid by Goldline to buy it. Now to most people it's blindly obvious that he's getting a portion of that money because when they go to commercial break there an ad for Goldline. It's like a doctor being paid to prescribe one pill over another, only a hell of a lot more obvious and not really ethically wrong. The ethics come in when Beck is shilling for gold and accepting advertising from probably the worst place on the planet to buy your gold from. But a fool and his money...

You make it sound like gold is a bad investment.  Just because Goldline is not a good place to buy, gold has been a great performer for the last 2 years. Wish I had listened to GB.

[06wildcat]

Radio shows often included the host promoting a product in a live, casual manner.  Kinda like Jim Rome talking about what flavor of 5-hour each crew member prefers.  It's still just a promotion.  I seldom listen to GB, so I'm not sure exactly how it sounds on air though...

That's not what he is doing. Beck's not reading the ad copy. He's just telling people to buy gold and lists every reason but the fact he's being paid by Goldline to buy it. Now to most people it's blindly obvious that he's getting a portion of that money because when they go to commercial break there an ad for Goldline. It's like a doctor being paid to prescribe one pill over another, only a hell of a lot more obvious and not really ethically wrong. The ethics come in when Beck is shilling for gold and accepting advertising from probably the worst place on the planet to buy your gold from. But a fool and his money...

You make it sound like gold is a bad investment.  Just because Goldline is not a good place to buy, gold has been a great performer for the last 2 years. Wish I had listened to GB.

Oh, oh, oh, we get to pick the time frames now. I'll stick with stocks purchased mid-March 2009. Much better return on gold. Gold is an OK investment for the right people. It's a terrible investment for the reasons Beck lists.

[jtksu]

Even retards know the difference between a commercial and entertainment/news etc.

I don't know the difference between a commercial and entertainment/news etc.

 

[jtksu]

Looks like there are several folks in this thread that got burned by buying Extenze from Ron Jeremy.

Dude, a porn star and a group of floozies seems like a pretty damn reputable source for medical advice to me.  The best part of the infomercials is their inability to ever clearly state what the product supposedly does.   Nothing shady about that...

[john "teach me how to" dougie]

Radio shows often included the host promoting a product in a live, casual manner.  Kinda like Jim Rome talking about what flavor of 5-hour each crew member prefers.  It's still just a promotion.  I seldom listen to GB, so I'm not sure exactly how it sounds on air though...

That's not what he is doing. Beck's not reading the ad copy. He's just telling people to buy gold and lists every reason but the fact he's being paid by Goldline to buy it. Now to most people it's blindly obvious that he's getting a portion of that money because when they go to commercial break there an ad for Goldline. It's like a doctor being paid to prescribe one pill over another, only a hell of a lot more obvious and not really ethically wrong. The ethics come in when Beck is shilling for gold and accepting advertising from probably the worst place on the planet to buy your gold from. But a fool and his money...

You make it sound like gold is a bad investment.  Just because Goldline is not a good place to buy, gold has been a great performer for the last 2 years. Wish I had listened to GB.

Oh, oh, oh, we get to pick the time frames now. I'll stick with stocks purchased mid-March 2009. Much better return on gold. Gold is an OK investment for the right people. It's a terrible investment for the reasons Beck lists.

Probably a bad idea to buy gold if you don't know what you are doing.

[TBL]

Beck isn't telling people to buy gold. It's plainly a commercial. He does say that he preferres pre 1933 gold coins, due to their value being more than the gold content. Like I said, he tells people to make up their own mind.

[Dr Rick Daris]

 I have really come to admire beck. Guy makes tons of money by first getting and then exploiting the large group of people that follow him. Kudos to him. 

[jtksu]

I have really come to admire beck. Guy makes tons of money by first getting and then exploiting the large group of people that follow hom. Kudos to him. 

I'll go along with that thought.  I don't listen to his show, so I know little about his politics but I can't hate a guy for being good at making money. 

[Dr Rick Daris]

Yeah. I mean it's pretty obvious that the guy hatched a scheme to make a ton of money by duping a v large group of idiots. I can respect that.

[Jeffy]

Yeah. I mean it's pretty obvious that the guy hatched a scheme to make a ton of money by duping a v large group of idiots. I can respect that.

And then everyone voted for him and made him president...

Oh...... you're still talking about Beck.  Sorry.

[Kat Kid]

Pretty much anyone who isn't investing locally (outside the stock/bond market), or in index funds is throwing away money.

It depends on how old you are. If you don't plan on cashing in on your investment for another 40 years, developing a diverse stock portfolio could be a good idea.

you can do this with index funds.

Yes, I know. I was just pointing out that there are multiple ways to successfully invest. Really, this is a great time for a young person who is capable of investing a few hundred bucks a month to do so. It's a great time to buy and a horrible time to sell.

It is never a good time for this investor.  Index funds limit the misery somewhat.

Google:  "Morningstar rating"

There are investment managers/teams that consistently outperform benchmark indices.  Janus and American Funds have a bunch of them.  Manning and Napier for international. 

Even after accounting for the increased fees?

[06wildcat]

Beck isn't telling people to buy gold. It's plainly a commercial. He does say that he preferres pre 1933 gold coins, due to their value being more than the gold content. Like I said, he tells people to make up their own mind.

So he's not telling them to buy gold, but he prefers pre-1933 gold coins just in case? If you're a coin collector, then old and rare coins make sense. If you're investing in gold coins as a hedge against inflation that value isn't worth anything to you. You want gold bullion (makes good soup too). If you're worried about financial Armageddon, buy lead, brass and gunpowder.

Not that the average GB listener has any business buying gold in the first place.

[Jeffy]

Beck isn't telling people to buy gold. It's plainly a commercial. He does say that he preferres pre 1933 gold coins, due to their value being more than the gold content. Like I said, he tells people to make up their own mind.

So he's not telling them to buy gold, but he prefers pre-1933 gold coins just in case? If you're a coin collector, then old and rare coins make sense. If you're investing in gold coins as a hedge against inflation that value isn't worth anything to you. You want gold bullion (makes good soup too). If you're worried about financial Armageddon, buy lead, brass and gunpowder.

Not that the average GB listener has any business buying gold in the first place.

Agree with that.... Only I'd take it one step further... It's your constitutional obligation to buy lead, brass, and gunpowder.

[SkinnyBenny]

Beck isn't telling people to buy gold. It's plainly a commercial. He does say that he preferres pre 1933 gold coins, due to their value being more than the gold content. Like I said, he tells people to make up their own mind.

So he's not telling them to buy gold, but he prefers pre-1933 gold coins just in case? If you're a coin collector, then old and rare coins make sense. If you're investing in gold coins as a hedge against inflation that value isn't worth anything to you. You want gold bullion (makes good soup too). If you're worried about financial Armageddon, buy lead, brass and gunpowder.

Not that the average GB listener has any business buying gold in the first place.

Agree with that.... Only I'd take it one step further... It's your constitutional obligation to buy lead, brass, and gunpowder.

lol wut

[Jeffy]

Beck isn't telling people to buy gold. It's plainly a commercial. He does say that he preferres pre 1933 gold coins, due to their value being more than the gold content. Like I said, he tells people to make up their own mind.

So he's not telling them to buy gold, but he prefers pre-1933 gold coins just in case? If you're a coin collector, then old and rare coins make sense. If you're investing in gold coins as a hedge against inflation that value isn't worth anything to you. You want gold bullion (makes good soup too). If you're worried about financial Armageddon, buy lead, brass and gunpowder.

Not that the average GB listener has any business buying gold in the first place.

Agree with that.... Only I'd take it one step further... It's your constitutional obligation to buy lead, brass, and gunpowder.

lol wut

http://hubpages.com/hub/Dont-Own-A-Gun-Thatll-Be-500-Please

http://www.usconcealedcarry.com/public/83.cfm

[Rage Against the McKee]

 

[Jeffy]

It's ok.  There are definitely some of you I wouldn't want carrying a gun anyway. 

[Rage Against the McKee]

It's ok.  There are definitely some of you I wouldn't want carrying a gun anyway. 

What do you see as the pros and cons of making gun ownership mandatory?

[Sugar Dick]

Pretty much anyone who isn't investing locally (outside the stock/bond market), or in index funds is throwing away money.

It depends on how old you are. If you don't plan on cashing in on your investment for another 40 years, developing a diverse stock portfolio could be a good idea.

you can do this with index funds.

Yes, I know. I was just pointing out that there are multiple ways to successfully invest. Really, this is a great time for a young person who is capable of investing a few hundred bucks a month to do so. It's a great time to buy and a horrible time to sell.

It is never a good time for this investor.  Index funds limit the misery somewhat.

Google:  "Morningstar rating"

There are investment managers/teams that consistently outperform benchmark indices.  Janus and American Funds have a bunch of them.  Manning and Napier for international. 

Even after accounting for the increased fees?

The difference in fees between an index fund and an average mutual fund is like .5 to 1.0% more.  So yeah, even with the fees a bunch of guys destroy the indices.

Your point on "local money" is dead on though.    If you have the resources, and the risk appetite, definitely the way to go.  Most people don't.

[Kat Kid]

Pretty much anyone who isn't investing locally (outside the stock/bond market), or in index funds is throwing away money.

It depends on how old you are. If you don't plan on cashing in on your investment for another 40 years, developing a diverse stock portfolio could be a good idea.

you can do this with index funds.

Yes, I know. I was just pointing out that there are multiple ways to successfully invest. Really, this is a great time for a young person who is capable of investing a few hundred bucks a month to do so. It's a great time to buy and a horrible time to sell.

It is never a good time for this investor.  Index funds limit the misery somewhat.

Google:  "Morningstar rating"

There are investment managers/teams that consistently outperform benchmark indices.  Janus and American Funds have a bunch of them.  Manning and Napier for international. 

Even after accounting for the increased fees?

The difference in fees between an index fund and an average mutual fund is like .5 to 1.0% more.  So yeah, even with the fees a bunch of guys destroy the indices.

Your point on "local money" is dead on though.    If you have the resources, and the risk appetite, definitely the way to go.  Most people don't.

Can we get an updated list of guys destroying the indices?

TIA

[puniraptor]

Did not read thread but I can contribute the following;

Bullets and gas are the currency of the future.

[Rage Against the McKee]

Did not read thread but I can contribute the following;

Bullets and gas are the currency of the future.

There will be no gas. Bullets and water is more accurate.