The video below is living proof that CNBC journalists don’t understand gold. While some in the video have gone on to other jobs or have passed on, they have been part of a trend at CNBC of continued ignorance along with other financial advisors as to how gold fits into a diversified portfolio. Most of this ignorance comes from their adherence to …
Read More0Sep
20
2011
Are Gold Dealers Still Lying To Their Customers To Make A Higher Commission? – Don’t Ask Glenn Beck or Sean Hannity
By: Doug Eberhardt
Category: Gold
Tags: Anthony Weiner, Buy Gold and Silver Safely, Conservatives, Glenn Beck, Gold dealer, Goldline, NY Times, Peter Goodman, rip-off, Sean Hannity
It has been a year now since Congress was investigating certain gold dealers as to the tactics they use in convincing gold and silver investors to purchase certain types of coins that allow the gold dealer to charge 30% or more on the transaction. This would mean the investor would have to earn 40% on their purchase just to break …
Read More0May
27
2011
Glenn Beck, Congress, And The NY Times Don’t Care If You Get Ripped Off Buying Gold
By: Doug Eberhardt
Category: Gold
Tags: Anthony Weiner, Boortz, buy gold, congress, Glenn Beck, Gold bullion, Gold Dealer Ripoff, gold ripoff, gold scams, hannity, Levine, Medved, NY Times
When I was interviewed for a NY Times story about gold dealers and how they rip off their clients back in September 2010, I was told by the reporter that one gold dealer in particular that he visited has a shrine at its entry way dedicated to Glenn Beck. You may trust Glenn Beck on what he says about …
Read More0Apr
21
2011
NY Times Says The Precious Metals Bubble Looks Set To Be Pricked
By: Doug Eberhardt
Category: Gold
Tags: congress, Gold Bubble 2011, Higher Interest Rates, NY Times, U.S. Dollar
Sooner or later one of the magazine’s, financial guru’s, CNBC correspondents and others who say gold is a bubble will claim victory. Not everything goes straight up. Thus far however, they have all been wrong. The NY Times is the latest to join the crowd calling gold a bubble. Every time someone does, I am right there to refute their …
Read More0Sep
27
2010
Sep
21
2010
In answering the question, who is right, Glenn Beck or Anthony Weiner, in a sense they are both wrong. Glenn Beck is wrong about supporting a company that pushes bullion coins at higher prices than what could be had elsewhere. Anthony Weiner is wrong in wanting to regulate an industry that only needs an informed citizenry to weed out the bad companies.
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