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View Full Version : PMs: Uh, oh. Glenn Becks advertises a gold shop



hugolp
03-10-2009, 07:59 AM
http://www.youtube.com/watch?v=MwONjUWh1uk

Seriously, Cramer bullish on gold. Glenn Beck advertising gold... I know that gold should go to $2300 to be like in its peak in 1980 (adjusted for inflation), but still all this is worrying.

Hugo
tmosley
03-10-2009, 08:13 AM
The peak in 1980 adjusted for inflation is like $6500.
theoakman
03-10-2009, 08:42 AM
http://www.youtube.com/watch?v=MwONjUWh1uk

Seriously, Cramer bullish on gold. Glenn Beck advertising gold... I know that gold should go to $2300 to be like in its peak in 1980 (adjusted for inflation), but still all this is worrying.

Hugo

You can't be wrong all the time.
Epic
03-10-2009, 08:45 AM
as long as there are commercials on tv during the super bowl that are saying "hey send in your gold to us!" I think we're ok.
hugolp
03-10-2009, 09:47 AM
I was joking. And also about gold this video is interesting : Bloomberg News - Barratt Prefers Buying Physical Gold Over Miners' Stocks (http://www.bloomberg.com/avp/avp.htm?N=video&T=Barratt%20Prefers%20Buying%20Physical%20Gold%20O ver%20Miners%27%20Stocks%20&clipSRC=mms://media2.bloomberg.com/cache/vS0rgfNuHBQs.asf)

Hugo
jy006m
03-10-2009, 10:04 AM
actually maybe this means you should buy silver

gold may be overbought relative to silver
krazy kaju
03-10-2009, 10:15 AM
You can't be wrong all the time.

How does that saying go like? "Even a dead clock is right twice a day."

... Or something like that.
theoakman
03-10-2009, 10:23 AM
How does that saying go like? "Even a dead clock is right twice a day."

... Or something like that.

never was a big fan of the saying. They usually try to attribute it to people that have been right all along.
revolutionisnow
03-10-2009, 09:11 PM
I've heard gold ads during most of the am talk radio shows lately.
jon_perez
03-11-2009, 04:30 AM
http://www.youtube.com/watch?v=MwONjUWh1uk

Seriously, Cramer bullish on gold. Glenn Beck advertising gold... I know that gold should go to $2300 to be like in its peak in 1980 (adjusted for inflation), but still all this is worrying.

Hugo
I think you've got a BIIIIG problem if you have to use the source of an assertion in order to to weigh its merits, rather than being able to do it purely on the basis of rational thinking and logic.

It betrays a complete LACK of critical thinking.
hugolp
03-11-2009, 06:25 AM
I think you've got a BIIIIG problem if you have to use the source of an assertion in order to to weigh its merits, rather than being able to do it purely on the basis of rational thinking and logic.

It betrays a complete LACK of critical thinking.

aha... tell me more about this.. this .. rational thinking.

Hugo
acptulsa
03-11-2009, 06:46 AM
Isn't it interesting that Cramer waited until gold had gone up more than 25% before he decided it was a good deal? A bad deal at minus twenty percent, but a good deal at plus twenty-five percent. Um, I thought the name of the game was buy low, sell high. I thought don't buy low, buy high was only a good deal for the seller.

Isn't it also interesting that gold wasn't worth $#!+ until he got a sponsor that sells it...

Listening to Cramer is the fast track to the poor house.