Beck and Goldline International

Talk show host Glenn Beck and Goldline International, a California-based
gold retailer, have colluded to use fear mongering tactics to bilk
investors, according to a stinging report issued Tuesday by Rep. Anthony
Weiner (D-N.Y.).

Read mo http://www.politico.com/news/stories/0510/37413.html

JAM

"Frank Galikanokus" wrote in message
...

Talk show host Glenn Beck and Goldline International, a California-based
gold retailer, have colluded to use fear mongering tactics to bilk
investors, according to a stinging report issued Tuesday by Rep. Anthony
Weiner (D-N.Y.).

Read mo http://www.politico.com/news/stories/0510/37413.html

JAM


Beck spouts his fear-mongering crap on his TV blackboard every afternoon.
e.g., "things your government isn't telling you", etc. He obviously sees
himself as a wise uncle whose life sacrifice is to enlighten the population.
Anyone who follows his advice and later has "buyers remorse" should simply
drop Beck a line with a request for a compensation form.

In article ,
Frank Galikanokus wrote:

Talk show host Glenn Beck and Goldline International, a California-based
gold retailer, have colluded to use fear mongering tactics to bilk
investors, according to a stinging report issued Tuesday by Rep. Anthony
Weiner (D-N.Y.).

Read mo http://www.politico.com/news/stories/0510/37413.html

Wow ... a politician accusing a coin deeler and a talk radio host of
unethical behavior ...

It looks like I'm going to have to trot on down to Target for a new
irony meter ... mint just exploded!

--
Ken Barr Numismatics email:
P. O. Box 32541 website: http://www.kenbarr.com
San Jose, CA 95152 Coins, currency, exonumia, souvenir cards, etc.
408-272-3247 NEXT SHOW: Vallejo Numismatic Society 5/2 (no table)

On May 18, 2:59*pm, Ken Barr wrote:
In article ,
*Frank Galikanokus wrote:

Talk show host Glenn Beck and Goldline International, a California-based
gold retailer, have colluded to use fear mongering tactics to bilk
investors, according to a stinging report issued Tuesday by Rep. Anthony
Weiner (D-N.Y.).

Read mohttp://www.politico.com/news/stories/0510/37413.html

Wow ... a politician accusing a coin deeler and a talk radio host of
unethical behavior ...

It looks like I'm going to have to trot on down to Target for a new
irony meter ... mint just exploded!

--
Ken Barr Numismatics * * * *email:
P. O. Box 32541 * * * * * * website: *http://www.kenbarr.com
San Jose, CA *95152 * * Coins, currency, exonumia, souvenir cards, etc.
408-272-3247 * * * * *NEXT SHOW: *Vallejo Numismatic Society 5/2 (no table)

The proof of the pudding is in the eating, and if the sellers' wares
weren't too overpriced, presumably those "scared-out of-their-shorts"
gold buyers have done well recently.

If you're NOT worried about the future value of all the fiat
government paper and all the shabby government promises, that would be
a sign that something's quite wrong with your mental faculties.

oly

oly wrote:
On May 18, 2:59 pm, Ken Barr wrote:
In article ,
Frank Galikanokus wrote:

Talk show host Glenn Beck and Goldline International, a
California-based gold retailer, have colluded to use fear mongering
tactics to bilk investors, according to a stinging report issued
Tuesday by Rep. Anthony Weiner (D-N.Y.).

Read mohttp://www.politico.com/news/stories/0510/37413.html

Wow ... a politician accusing a coin deeler and a talk radio host of
unethical behavior ...

It looks like I'm going to have to trot on down to Target for a new
irony meter ... mint just exploded!

--
Ken Barr Numismatics email:
P. O. Box 32541 website: http://www.kenbarr.com
San Jose, CA 95152 Coins, currency, exonumia, souvenir cards, etc.
408-272-3247 NEXT SHOW: Vallejo Numismatic Society 5/2 (no table)

The proof of the pudding is in the eating, and if the sellers' wares
weren't too overpriced, presumably those "scared-out of-their-shorts"
gold buyers have done well recently.

Only if they bought at X and sold at Y, where Y X. How many people buy
gold for the short term? Likely not the scared/shorts types.

If you're NOT worried about the future value of all the fiat
government paper and all the shabby government promises, that would be
a sign that something's quite wrong with your mental faculties.

Being worried and doing something pro-actively about it are two
usually-mutually-exclusive activities. How many times over the past two to
three years have you suddenly clammed up when I pointedly asked what actions
should be taken to protect oneself against those evil things, mon vieux?
Just sayin'

James

"Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message
...
oly wrote:
On May 18, 2:59 pm, Ken Barr wrote:
In article ,
Frank Galikanokus wrote:

Talk show host Glenn Beck and Goldline International, a
California-based gold retailer, have colluded to use fear mongering
tactics to bilk investors, according to a stinging report issued
Tuesday by Rep. Anthony Weiner (D-N.Y.).

Read mohttp://www.politico.com/news/stories/0510/37413.html

Wow ... a politician accusing a coin deeler and a talk radio host of
unethical behavior ...

It looks like I'm going to have to trot on down to Target for a new
irony meter ... mint just exploded!

--
Ken Barr Numismatics email:
P. O. Box 32541 website: http://www.kenbarr.com
San Jose, CA 95152 Coins, currency, exonumia, souvenir cards, etc.
408-272-3247 NEXT SHOW: Vallejo Numismatic Society 5/2 (no table)

The proof of the pudding is in the eating, and if the sellers' wares
weren't too overpriced, presumably those "scared-out of-their-shorts"
gold buyers have done well recently.

Only if they bought at X and sold at Y, where Y X. How many people buy
gold for the short term? Likely not the scared/shorts types.

If you're NOT worried about the future value of all the fiat
government paper and all the shabby government promises, that would be
a sign that something's quite wrong with your mental faculties.

Being worried and doing something pro-actively about it are two
usually-mutually-exclusive activities. How many times over the past two
to three years have you suddenly clammed up when I pointedly asked what
actions should be taken to protect oneself against those evil things, mon
vieux? Just sayin'

James

Seems to me that we've had federal fiat paper since the Civil War with no
tragic collapse in value so far, and we've gone through some tough times and
weak administrations over those 150 years. These current times undoubtedly
are among the most challenging for us, but I see no reason to panic about
the future value of our dollar. But then I'm not a pessimist by nature.

Bruce Remick wrote:
"Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message
...
oly wrote:
On May 18, 2:59 pm, Ken Barr wrote:
In article ,
Frank Galikanokus wrote:

Talk show host Glenn Beck and Goldline International, a
California-based gold retailer, have colluded to use fear
mongering tactics to bilk investors, according to a stinging
report issued Tuesday by Rep. Anthony Weiner (D-N.Y.).

Read mohttp://www.politico.com/news/stories/0510/37413.html

Wow ... a politician accusing a coin deeler and a talk radio host
of unethical behavior ...

It looks like I'm going to have to trot on down to Target for a new
irony meter ... mint just exploded!

--
Ken Barr Numismatics email:
P. O. Box 32541 website: http://www.kenbarr.com
San Jose, CA 95152 Coins, currency, exonumia, souvenir cards, etc.
408-272-3247 NEXT SHOW: Vallejo Numismatic Society 5/2 (no table)

The proof of the pudding is in the eating, and if the sellers' wares
weren't too overpriced, presumably those "scared-out
of-their-shorts" gold buyers have done well recently.

Only if they bought at X and sold at Y, where Y X. How many
people buy gold for the short term? Likely not the scared/shorts
types.
If you're NOT worried about the future value of all the fiat
government paper and all the shabby government promises, that would
be a sign that something's quite wrong with your mental faculties.

Being worried and doing something pro-actively about it are two
usually-mutually-exclusive activities. How many times over the past
two to three years have you suddenly clammed up when I pointedly
asked what actions should be taken to protect oneself against those
evil things, mon vieux? Just sayin'

James

Seems to me that we've had federal fiat paper since the Civil War
with no tragic collapse in value so far, and we've gone through some
tough times and weak administrations over those 150 years. These
current times undoubtedly are among the most challenging for us, but
I see no reason to panic about the future value of our dollar. But
then I'm not a pessimist by nature.

History records numerous panics, recessions, and depressions, all while we
were on the esteemed "gold standard." Even gold could be considered "fiat"
money, since its value depends on what someone other than I says it is.
Don't get me wrong, I like gold, I like its looks, but I have yet to see a
well-crafted scenario of what would happen when push came to shove. If
somebody decides his loaf of bread is worth a St. Gaudens twenty, very few
indeed will eat. The rest will attempt to kill him who eats, and steal his
gold AND his bread.

James

Enquiring minds want to know!

Has he finally kill(fil)ed himself?

On May 18, 7:56*pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote:
Bruce Remick wrote:
"Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message
...
oly wrote:
On May 18, 2:59 pm, Ken Barr wrote:
In article ,
Frank Galikanokus wrote:

Talk show host Glenn Beck and Goldline International, a
California-based gold retailer, have colluded to use fear
mongering tactics to bilk investors, according to a stinging
report issued Tuesday by Rep. Anthony Weiner (D-N.Y.).

Read mohttp://www.politico.com/news/stories/0510/37413.html

Wow ... a politician accusing a coin deeler and a talk radio host
of unethical behavior ...

It looks like I'm going to have to trot on down to Target for a new
irony meter ... mint just exploded!

--
Ken Barr Numismatics email:
P. O. Box 32541 website:http://www.kenbarr.com
San Jose, CA 95152 Coins, currency, exonumia, souvenir cards, etc.
408-272-3247 NEXT SHOW: Vallejo Numismatic Society 5/2 (no table)

The proof of the pudding is in the eating, and if the sellers' wares
weren't too overpriced, presumably those "scared-out
of-their-shorts" gold buyers have done well recently.

Only if they bought at X and sold at Y, where Y X. *How many
people buy gold for the short term? *Likely not the scared/shorts
types.
If you're NOT worried about the future value of all the fiat
government paper and all the shabby government promises, that would
be a sign that something's quite wrong with your mental faculties.

Being worried and doing something pro-actively about it are two
usually-mutually-exclusive activities. *How many times over the past
two to three years have you suddenly clammed up when I pointedly
asked what actions should be taken to protect oneself against those
evil things, mon vieux? Just sayin'

James

Seems to me that we've had federal fiat paper since the Civil War
with no tragic collapse in value so far, and we've gone through some
tough times and weak administrations over those 150 years. *These
current times undoubtedly are among the most challenging for us, but
I see no reason to panic about the future value of our dollar. *But
then I'm not a pessimist by nature.

History records numerous panics, recessions, and depressions, all while we
were on the esteemed "gold standard." *Even gold could be considered "fiat"
money, since its value depends on what someone other than I says it is.
Don't get me wrong, I like gold, I like its looks, but I have yet to see a
well-crafted scenario of what would happen when push came to shove. *If
somebody decides his loaf of bread is worth a St. Gaudens twenty, very few
indeed will eat. *The rest will attempt to kill him who eats, and steal his
gold AND his bread.

James- Hide quoted text -

- Show quoted text -

I think that pushing and shoving (and especially killing) is a bit
over the top. In that situation on hopes there are still police. If
not, things are very bad, indeed and exactly which form of money would
be best seems too hypothetical to make accurate predictions.

The observation that we have a form of social democracy, that our
leaders have populist inclinations and have expressed them in concrete
terms is enough for the question of stability of prices and a store of
value to be discussed.

The longer term trend for the price of gold has been clear enough
(from $20/Oz to $1200/Oz). Inconveniently for an argument that we
should depend primarily on gold, it has occurred over a time frame
that exceeds a normal lifetime. The case that it is a hedge against a
weakening currency is a case that much of the world understands.
Admittedly, the US dollar has behaved better than some other
currencies and folks who lived in Indonesia, Turkey or Zimbabwe tend
to scoff at our fretfulness; even so, perhaps in milder amounts,
inflation can happen here.

My eclectic choices of items to purchase does not seem to resemble
those chosen for the CPI since my expenses do seem to go up a lot and
the CPI does not. Gold has done a somewhat better job of tracking my
expenses than the dollar has (e.g., in about 1960 a Piper PA-18-150,
new, cost about $5000; today a usable but thoroughly used one costs
about $80,000).

As for whether the advocates of one position or another have been
bribed, ask yourself whether the politicians are themselves pure.

My personal interest in gold as a commodity is as a hedge. I have
sufficient cash for my needs. My theory is that a small part needs to
be in something that will hold its value (or at least vary in value in
a different way than paper money). Personally I prefer to keep some
coins and some Goerz Dagors. They certainly won't ward off bullets,
but they might be useful in case doubts arise about the value of the
various forms of colored paper I have. My broad theory about the
correct proportion in other things is to have enough that it be useful
in buying immediate needs and not be a significant (e.g., less that
5%) part of my savings.

"Peter" wrote in message
...
On May 18, 7:56 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote:
Bruce Remick wrote:
"Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message
...
oly wrote:
On May 18, 2:59 pm, Ken Barr wrote:
In article ,
Frank Galikanokus wrote:

Talk show host Glenn Beck and Goldline International, a
California-based gold retailer, have colluded to use fear
mongering tactics to bilk investors, according to a stinging
report issued Tuesday by Rep. Anthony Weiner (D-N.Y.).

Read mohttp://www.politico.com/news/stories/0510/37413.html

Wow ... a politician accusing a coin deeler and a talk radio host
of unethical behavior ...

It looks like I'm going to have to trot on down to Target for a new
irony meter ... mint just exploded!

--
Ken Barr Numismatics email:
P. O. Box 32541 website:http://www.kenbarr.com
San Jose, CA 95152 Coins, currency, exonumia, souvenir cards, etc.
408-272-3247 NEXT SHOW: Vallejo Numismatic Society 5/2 (no table)

The proof of the pudding is in the eating, and if the sellers' wares
weren't too overpriced, presumably those "scared-out
of-their-shorts" gold buyers have done well recently.

Only if they bought at X and sold at Y, where Y X. How many
people buy gold for the short term? Likely not the scared/shorts
types.
If you're NOT worried about the future value of all the fiat
government paper and all the shabby government promises, that would
be a sign that something's quite wrong with your mental faculties.

Being worried and doing something pro-actively about it are two
usually-mutually-exclusive activities. How many times over the past
two to three years have you suddenly clammed up when I pointedly
asked what actions should be taken to protect oneself against those
evil things, mon vieux? Just sayin'

James

Seems to me that we've had federal fiat paper since the Civil War
with no tragic collapse in value so far, and we've gone through some
tough times and weak administrations over those 150 years. These
current times undoubtedly are among the most challenging for us, but
I see no reason to panic about the future value of our dollar. But
then I'm not a pessimist by nature.

History records numerous panics, recessions, and depressions, all while we
were on the esteemed "gold standard." Even gold could be considered "fiat"
money, since its value depends on what someone other than I says it is.
Don't get me wrong, I like gold, I like its looks, but I have yet to see a
well-crafted scenario of what would happen when push came to shove. If
somebody decides his loaf of bread is worth a St. Gaudens twenty, very few
indeed will eat. The rest will attempt to kill him who eats, and steal his
gold AND his bread.

James- Hide quoted text -

- Show quoted text -

I think that pushing and shoving (and especially killing) is a bit
over the top. In that situation on hopes there are still police. If
not, things are very bad, indeed and exactly which form of money would
be best seems too hypothetical to make accurate predictions.

The observation that we have a form of social democracy, that our
leaders have populist inclinations and have expressed them in concrete
terms is enough for the question of stability of prices and a store of
value to be discussed.

The longer term trend for the price of gold has been clear enough
(from $20/Oz to $1200/Oz). Inconveniently for an argument that we
should depend primarily on gold, it has occurred over a time frame
that exceeds a normal lifetime. The case that it is a hedge against a
weakening currency is a case that much of the world understands.
Admittedly, the US dollar has behaved better than some other
currencies and folks who lived in Indonesia, Turkey or Zimbabwe tend
to scoff at our fretfulness; even so, perhaps in milder amounts,
inflation can happen here.

My eclectic choices of items to purchase does not seem to resemble
those chosen for the CPI since my expenses do seem to go up a lot and
the CPI does not. Gold has done a somewhat better job of tracking my
expenses than the dollar has (e.g., in about 1960 a Piper PA-18-150,
new, cost about $5000; today a usable but thoroughly used one costs
about $80,000).

As for whether the advocates of one position or another have been
bribed, ask yourself whether the politicians are themselves pure.

My personal interest in gold as a commodity is as a hedge. I have
sufficient cash for my needs. My theory is that a small part needs to
be in something that will hold its value (or at least vary in value in
a different way than paper money). Personally I prefer to keep some
coins and some Goerz Dagors. They certainly won't ward off bullets,
but they might be useful in case doubts arise about the value of the
various forms of colored paper I have. My broad theory about the
correct proportion in other things is to have enough that it be useful
in buying immediate needs and not be a significant (e.g., less that
5%) part of my savings.
============

In any extreme crisis scenario where the dollar actually becomes worthless,
one might be better off with a bunker of MRE's, bottled water, and an AK-47
w/ammo.....plus of course any particular Starbucks blend one just can't live
without. That stock of gold kept as an inflation hedge will be of little
practical use unless you really need a nostalgia fix. The process of
"buying things" will be a fond memory. Fortunately, there's a happy ending
to this movie. ;)