The gold company that Glenn Beck pushes on his morons—sorry, viewers—is under investigation for ripping off morons. I’m sure Beck’s morons/viewers/victims will be outraged to learn that Big Government is investigating Goldline. That’s socialism right there—and, hey, Hitler interfered with the economy too. If Goldline’s customers are unhappy, or if the company is actively defrauding them, well, Beck’s viewers have recourse to prayer and the Second Amendment.
In addition to being a nationally syndicated sex advice columnist, the author of several books, and the host of the Savage Lovecast, Savage is “a deviant of the highest order” (Daily Caller).... More by Dan Savage
Wow, people bought an “investment” that they couldn’t actually afford without any clue as to what they were buying, or shopping around elsewhere, or even attempting to find out the resale value of said object until 3 years later. Sounds like people complaining about their 401ks, or houses, or… As I know overcharging gullible people for collectors items isn’t a crime, (it isn’t very nice, of course.) But I do appreciate the irony of these people buying gold because they don’t trust the government, then appealing to the government when the private companies rip them off. (Next week they’ll complain that the machine guns they bought on the black market aren’t safe to operate.)
As for trusting the government in the first place:
http://www.ajpm.com/faqs.html
I heard the Government can confiscate my gold, but only if its 22 karat, or only if its old gold, or new gold etc etc etc
We hear this all day long, and the “reasoning” is a multitude of different things. The reality is the government can take whatever they want. Your left shoe. Your waffle irons. Whatever they declare. There isn’t one type of product over another type that will or won’t get confiscated. In history, when that happened, it failed miserably, thus the reason today you can purchase St. Gaudens, Liberties and the like. The only point is that one form of gold over another isn’t “safer” or “better” than another in our opinion.