Golden Dreams & Delusions: The Story about Gold You Haven't Heard (PART 4)

Continuing from PART 3

 

Gold Bugs and Conspiracy Nuts

There are so many silly statements being made by gold bugs that it would take me a very long time to debunk them all. Most of them are not even worth my time to debunk, as they are so ridiculous. 

Perhaps the most ludicrous thing about these gold bugs is that they accept anything they read or hear about gold without bothering to analyze the accuracy of the claims, as long as it favors higher prices for gold and silver.

Such individuals lack the ability to understand and control their psyche. Without this ability, investors stand to lose. I suggest they spend some time studying various topics in behavioral finance. Incidentally, I devote an entire chapter on behavioral finance in the Wall Street Investment Bible.

As I mentioned previously, some of the statements made by gold bugs are flat out delusional.

But each one has the common elements of either being false or else based on groundless conspiracy theories.

It is by no coincidence that gold dealers have aligned their manipulative marketing pitches with the most extreme conspiracy theories.

I am not saying that conspiracies do not exist because I know that some are 100% valid. However, individuals who see a conspiracy in everything are very easy to manipulate. They also tend to have very little understanding of investment-related topics. Thus, the marriage between the gold charlatans and those obsessed with conspiracies is a perfect fit.

Most gold bugs make ridiculous statements about gold and hyperinflation in order to fool Main Street. They usually own gold and want to pump the price up. It also makes them feel better about paying $1500/ounce after they have published a bullish piece about gold or silver on one of many useless blogs that litter the Internet.

Other gold bugs don’t really own much gold themselves. They just want to make money from the gravy train by charging excessive commissions selling gold and silver.   

Many of the gold bugs are small time investors who don’t know any better. They are merely serving as a cheerleader for their gold investment.

Others sell gold ads on their website via independent dealer ads or through Adsense (one of the criminal arms of Google). Therefore, they tend to only post content that is pro-gold, making the website a cheerleading session rather than an unbiased source of information. Cheerleaders are meant for ball games, not for the investment process. 

Allow me to educate some of you who don’t seem to understand how things work. Only a fool spends time on a website that posts biased information, especially when the individuals running the site have a financial stake in support of their bias.

In other words, every media venue whether a website, radio or TV station or print media that is funded by ads of any kind has been bought off by the ad sponsors. As a result, you aren’t going to get the full truth if the source sells ads. This is a fact. And if you aren’t getting the full truth, you are being lied to.

Some of these masters of propaganda are plain ignorant and actually believe the garbage they write and speak because they are following the lead of their gold bug puppet masters who have made a bigger splash from media appearances. I’m sure you know who they are.    

Then we have the talking heads; the clowns who serve as the main source of political information for a large number of people…guys like Sean Hannity who was specifically given the mission of brainwashing Americans about the lies behind 9-11 and to garner support for the wars in Iraq and Afghanistan.

Like Hannity, the rest of the neo-con radio crew tends to attract gold dealers only because there is currently a democratic president in the White House. I will guarantee you that when a republican president enters the White House, the gold endorsements by these neo-cons will disappear or at least trail off.

How can I be so sure? 

Because they have positioned the huge government debt as inflationary, and gold as the solution. But once a republican enters the White House, they will no longer be able to use this argument because they are shills for the neo-cons.  

In reality, most of these talking heads are only qualified to talk about Britney Spears and LaBron James. Yet, their sheep audience lines up to swallow every word they utter whether the topic of discussion is healthcare or economics.

The ability of these morons to brainwash their sheep listeners makes them very attractive figureheads for gold advertisements and endorsements. So naturally, gold dealers have targeted them with big bucks to pitch gold. 

But “emergency” food, (fluoride-free) water venders, “all-natural” supplement companies, gun dealers and every other profiteer who can edge their way into the Armageddon conspiracy crowd have also forked over big bucks to get these clowns to endorse their goods.  

In most cases, their guests are chosen based on whether they have something to say that serves as a warm-up for gold advertisements, like “the Federal Reserve is printing so much money it’s going to cause hyperinflation.”

If you are a talking head with an audience of a few million, you can easily pocket $1 or $2 million from a gold dealer in return for staged endorsements or voice overs for gold ads.

What is a staged endorsement?

The best example to draw upon in this case comes from the stooge, Mark Levine. Here’s how it works, Levine begins one of his whining sessions in a way that only he can accomplish with his momma’s boy rambling (and annoying) voice. He starts talking about how Obama did this and that, and how he is destroying the country. He rambles about this for 10 or 15 minutes.

Of course, much of his pitch is inaccurate. But that doesn’t matter. All that matters is that he dishes out the bait to lure his republican listeners. He grabs their emotions, and then reels them in. Then he gradually talks about how you can protect yourself with gold.

Finally, he tells you that he bought gold from Goldline. He goes on to tell you how wonderful they are and how they are the only gold company he trusts. Of course, he doesn’t mention their ridiculously high rates and other issues that have landed them several investigations by authorities.

I’m willing to bet that Levine doesn’t even own any gold. Why should he? He has something that is much better; endorsement money from gold dealers. Unlike the case with gold, Levine’s payout comes with no risk.

Glenn Beck also broadcasts staged endorsements and phantom advertisements disguised as “news and commentary.” 

Instead of airing real experts, Beck makes sure to bring in gold hacks and other clowns supportive of delusional scenarios thought to favor gold as a “safe long-term investment.”

This is specifically why Beck airs guys like Peter Schiff, Gerald Celente and other salesmen and clowns who continue to make ridiculous statements.

This mechanism is used to land the highest dollar per ad, and the biggest endorsement paydays from gold dealers.

Oh, and Glenn Beck has a NEW book out!

Yes, this guy who never graduated college has written another book, AND he is a New York Times Bestseller, which really tells you more about what it means to be a NYT Bestseller…

...basically it means your book appeals to the masses which are very stupid. 

If you really think Beck wrote this or any other books, you probably also believe another gold pumper who seems to be pumping out a book each year also wrote all of his books, all while...

...going on speaking tours

...hosting a 3-hour daily radio show

...appearing on CNBC frequently

...giving countless radio interviews

...running a brokerage firm

...making daily YouTube videos, etc.

WRONG. 

It’s time to wake up fools. You’re being hoodwinked up the ass.

Beck and Levine certainly aren’t the only lying scumbags and paid whores to gold advertisers.

The sellouts can be found on every TV and radio station, and every newspaper and magazine. They are also found on virtually every website that sells ads.

As you can see from the ad, the lying scumbag himself, Jim Cramer’s thestreet.com also promotes Goldline.

Are you surprised? 

Remember, the apple never falls far from the tree.

All of these clowns are in the same network, and there are tens of thousands of them.

These media guys are the lowest scum on the face of the earth. There is nothing they won’t endorse for a buck.

And the scam always works because their sucker audience falls for it.

And surprise, surprise...

Beck is endorsing another company that is being investigated for complaints that it has ripped off thousands while making false promises and other practices.

 

 

Congratulations to those of you naïve enough to waste your time listening to these Goldline paid whores and everyone else in the media.

They have fed you a bunch of extremist bullshit in order to scare you into buying gold and other “doomsday” items like seeds, food stocks, water and guns.

And in the process, they have made millions of dollars.

Have you checked your bank account lately?

This is the business model of the entire media industry…provide content that attracts attention in order to sell ads.

What that means is the content is rarely valuable and is most often inaccurate or untruthful. 

Remember, there is no law that requires the media to tell the truth. In fact, there isn’t even a code of ethics in journalism!

 

 

Max Keiser serves as another example of a blabbering talking head who specifically selects gold bugs as “experts” to interview. In fact, Keiser is one of the biggest gold and silver pumpers on the airwaves.

 

Using his whining voice that resembles a preteen undergoing a difficult transition into puberty, Keiser talks about how bad the bankers are in order to connect with his sheeple listeners. This is how he hooks them.

Thereafter, they are willing to accept anything he says because his audience thinks he can be trusted. Why haven’t any of his sheeple asked him how much he gets paid to pump gold?

Perhaps you recall Max Keiser’s “buy silver coins to destroy JP Morgan” scam. This scam was also endorsed and advocated by Alex Jones and most of the other gold hacks.

But you see who lost and who won.

The suckers who bought into Keiser’s propaganda got blasted while Keiser made money from gold dealers and gold ads, if not under the table payments for his efforts to lure the sheep into the slaughterhouse.

In contrast, those who listened to me could have sold at the top, as shown in this previously published article.

I challenge you to research the track record of Keiser’s guests and you will see that they have very little if any credibility.

Rather than credibility or a reputable track record, they possess the most important characteristic Keiser and every other gold pumper looks for…their willingness to make delusional and often inaccurate or else exaggerated statements intended to create panic and fear, while positioning gold and silver as your life line. 

Meanwhile, Keiser is laughing all the way to the bank as he gets paid huge sums of money for pumping gold and silver.

The same applies to the rest of the talking heads.

The same can be said of Alex Jones, Jeff Rense and a host of others who insist they are “alternative” media and “truthers.”  They’re all liars and profiteers.

Were you aware that Jones’ site ONLY promotes and advertises for one gold company?  The name of this company is Midas Resources.

Oh and by the way, the president of Midas Resources is Ted Anderson.

Now take one guess as to who runs GCN, the radio network that broadcasts Jones’ show; Ted Anderson of course.

As I have mentioned elsewhere, I was to be the first credible expert to discuss the financial collapse on Jones’ show in early 2008. However, Jones kept cancelling the interview saying that he still had not finished America’s Financial Apocalypse.

Several months went by and despite my emails to him, I never heard anything. It was then that I realized that once he read the chapter on investments towards the end of the book, he decided to scratch me from his show because I specifically advised readers to trade gold using ETFs in order to reduce their risk since gold is very volatile.

Since Jones is in the gold coin selling business, he did not want someone who actually knew what they were talking about on his show. And people think Jones is on their side? Amazing.

Thereafter, I discovered that Jones was posting my articles on his websites without my authorization. In addition, he removed my ads for my books and my contact info.

 

 

I sent him an email remarking to him how strange it was that he didn’t want me on his show but he sure as hell liked my articles enough to steal them. I then notified him that if he did not remove my articles I would sue him for copyright infringement.

Interestingly, Jones has a lot in common with Peter Schiff.

Both are gold pumpers.

Both take simple facts and twist things to fit their agendas.

Both are always looking for the latest sheep fest so they can peddle themselves.

For example, Jones has aligned himself with Tea Party sheeple so he can get them to donate to his bank account.

Schiff stormed OWS so he could drum up publicity for himself.  

In fact, both have much in common with te master of deceit and lies himself, Kevin Trudeau.

Do yourself a favor and spend some time watching some infomercials on real estate or some other investment pitch. Then ask yourself if they are really any different than the investment pitchmen in the media.

Keep in mind, while the individuals I have named are the biggest beneficiaries of BS broadcasting designed to sell you gold, virtually EVERY RADIO SHOW ADVERTISES FOR GOLD.

That means they are paid whores, filling the airwaves with lies; lies about hyperinflation; lies about gold protecting you against inflation; lies about gold confiscation; lies about the end of the world!

And because they have a huge financial stake in pro-gold content, they determine who they will interview based on their position on gold. This is how the media industry works. And it explains why the media is virtually useless.

Let me ask you a question. If CNBC provides value, why in the hell did they not warn you about the collapse? 

They pumped up the dotcom bubble the same way and did not warn anyone until it was too late.

Some of you people had better wake the hell up if you want to stop getting conned. It doesn’t take a genius to see how the game is played. All it takes is someone who is alert, thinks for himself and has a memory longer than a few days.

You should note that these guys ALWAYS insist that you MUST ONLY buy physical gold as opposed to gold stocks or ETFs.

They claim that your gold is only “safe” if you have physical gold. But the truth is that if you bought gold ETFs, these guys can’t make money from you. Meanwhile, physical gold is not very liquid. 

Always remember this. Every single person in the media is owned by corporate America and Wall Street because the media derives the majority (and in most cases all) of its revenues from advertising. The same applies to their guests.

If you want to predict who will become a regular guest on a radio or TV show, all you have to do is determine the guest’s ability to create lead-ins for advertisers.

Credibility and track records don’t matter to the media.

The only thing that matters to the criminal media (mainstream and alternative) industry is the ability to sell ads.

Fifteen years ago the media was pumping up the dotcom bubble helping Wall Street rip you off. A few years ago they were pumping real estate and the stock market helping Wall Street and infomercial con artists rip you off.

Now they are pumping gold. Do you really think gold will rise forever?

As long as people are stupid enough to pay attention to the media, they will always be ripped off. And if you aren't able to figure out how the scam works after I've written so many articles showing you, you will keep getting ripped off. And you will deserve it. 

The media is one huge perpetual orgy of lies. And they are always partnered with the ones screwing you.

As long as you provide financial support to the criminal media industry, you will be a facilitator of their fraud.

If you are serious about combating media scams...

...cancel your cable TV NOW

...cancel your satellite radio NOW

...cancel all newspaper and magazine subscriptions NOW.

And take that pool of cash and enjoy it.

 

Read PART 5