A personal finance blog dedicated to discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance.
I believe in the United States of America as a government of the people, by the people, for the people; whose just powers are derived from the consent of the governed; a democracy in a republic; a sovereign nation of many sovereign states; a perfect union, one and inseparable; established upon those principles of freedom, equality, justice, and humanity for which American patriots sacrificed their lives and fortunes.
I therefore believe it is my duty to my country to love it; to support its constitution; to obey its laws; to respect its flag; and to defend it against all enemies.
Gold is a zero-sum game. For every person who loses money (though not really lost until they sell their position) others made money. If people were buying gold at the peak for a hedge, then I hope their main bet paid off better than their gold hedge.
I agree if people were “hedging” on the advice of Glenn Beck, then I hope those people realize that he is a paid advertiser for gold companies.
Blaming Glenn Beck for the decline in Gold Prices is like blaming Tiger Woods for the decline in GM or Gilbert Gottfried for the AFLAC decline. Give me a break, put your bias on a shelf for one minute. Gold Companies pay for advertising just like coke, Exxon and everyone else.
EVIL? Words have meaning, how is he EVIL? Murderers are EVIL, Rapists are EVIL, Child Predators are EVIL, let’s be real for a minute. You may not like him, I don’t like ALOT of people, but that does NOT make them EVIL.