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Glenn Beck/Goldline hilarity... and fraud

Posted: Thu Jul 29, 2010 10:51 am
by Skjellyfetti
:rofl:

Image

http://www.ritholtz.com/blog/2010/07/gl ... -goldline/" onclick="window.open(this.href);return false;

Re: Glenn Beck/Goldline hilarity... and fraud

Posted: Thu Jul 29, 2010 11:27 am
by Vidav
Glenn Beck is an idiot. :thumb:

Re: Glenn Beck/Goldline hilarity... and fraud

Posted: Thu Jul 29, 2010 1:30 pm
by AZGrizFan
People taking financial advice from Glenn Beck are almost as stupid as people taking healthcare advice from Barak Obama. :coffee: :coffee: :coffee:

Re: Glenn Beck/Goldline hilarity... and fraud

Posted: Thu Jul 29, 2010 2:12 pm
by houndawg
AZGrizFan wrote:People taking financial advice from Glenn Beck are almost as stupid as people taking healthcare advice from Barak Obama. :coffee: :coffee: :coffee:

:nod:

Re: Glenn Beck/Goldline hilarity... and fraud

Posted: Thu Jul 29, 2010 2:18 pm
by YoUDeeMan
Where's the fraud?

Re: Glenn Beck/Goldline hilarity... and fraud

Posted: Thu Jul 29, 2010 2:38 pm
by Baldy
Cluck U wrote:Where's the fraud?
All you need to do is look at the graphic's "sources".
Mother Jones & Anthony Weiner - Far left extremists, and Peter Schiff, who has a brokerage agreement with a competitor of Goldline. Another one of ky's red herrings. :coffee:

Re: Glenn Beck/Goldline hilarity... and fraud

Posted: Thu Jul 29, 2010 3:28 pm
by BDKJMU
1. I don't see any fraud
2. Having gold in your portfolio (doesn't have to be from Goldline) is a good idea.

Re: Glenn Beck/Goldline hilarity... and fraud

Posted: Thu Jul 29, 2010 5:01 pm
by Skjellyfetti
This is all over the news. I just liked the flow chart from that website.

Goldline is under investigation for consumer fraud by the DA of the State of California. Pretty fucking serious, imo.

And, you're right BDK, gold's good to have in your portfolio. I have it in mine. But, antique french coins aren't. :lol: :lol:

Re: Glenn Beck/Goldline hilarity... and fraud

Posted: Thu Jul 29, 2010 5:52 pm
by JohnStOnge
AZGrizFan wrote:People taking financial advice from Glenn Beck are almost as stupid as people taking healthcare advice from Barak Obama. :coffee: :coffee: :coffee:
Well, I will say that if I'd have listened to Glenn Beck I'd have pulled my money out of the stock market and put it into more conservative investments prior to the rapid decline of late 2008 and I'd have a lot more value in my retirement fund right now.

Re: Glenn Beck/Goldline hilarity... and fraud

Posted: Thu Jul 29, 2010 8:31 pm
by AZGrizFan
JohnStOnge wrote:
AZGrizFan wrote:People taking financial advice from Glenn Beck are almost as stupid as people taking healthcare advice from Barak Obama. :coffee: :coffee: :coffee:
Well, I will say that if I'd have listened to Glenn Beck I'd have pulled my money out of the stock market and put it into more conservative investments prior to the rapid decline of late 2008 and I'd have a lot more value in my retirement fund right now.
Maybe, but if you'd have listened to Chizzang in the past 60 days, you'd have saved yourself an 11% drop like I did. :nod: :nod: :nod:

Re: Glenn Beck/Goldline hilarity... and fraud

Posted: Thu Jul 29, 2010 8:45 pm
by Skjellyfetti
AZGrizFan wrote:
Maybe, but if you'd have listened to Chizzang in the past 60 days, you'd have saved yourself an 11% drop like I did. :nod: :nod: :nod:
The market is up over the last ~60 days... not much... but, it is up...

DOW:
May 28, 2010: 10136.63
July 29, 2010: 10467.16

Re: Glenn Beck/Goldline hilarity... and fraud

Posted: Thu Jul 29, 2010 9:20 pm
by AZGrizFan
Skjellyfetti wrote:
AZGrizFan wrote:
Maybe, but if you'd have listened to Chizzang in the past 60 days, you'd have saved yourself an 11% drop like I did. :nod: :nod: :nod:
The market is up over the last ~60 days... not much... but, it is up...

DOW:
May 28, 2010: 10136.63
July 29, 2010: 10467.16
Market <> Mutual Funds...unless you're in an index fund. My funds were down an average of 8-11%....I earned 3.43% (and that was for the 2nd quarter)

Re: Glenn Beck/Goldline hilarity... and fraud

Posted: Fri Jul 30, 2010 10:11 am
by From the class of 09
AZGrizFan wrote:
Skjellyfetti wrote:
The market is up over the last ~60 days... not much... but, it is up...

DOW:
May 28, 2010: 10136.63
July 29, 2010: 10467.16
Market <> Mutual Funds...unless you're in an index fund. My funds were down an average of 8-11%....I earned 3.43% (and that was for the 2nd quarter)
sounds like those are some bad funds :lol:

Re: Glenn Beck/Goldline hilarity... and fraud

Posted: Fri Jul 30, 2010 10:20 am
by AZGrizFan
From the class of 09 wrote:
AZGrizFan wrote:
Market <> Mutual Funds...unless you're in an index fund. My funds were down an average of 8-11%....I earned 3.43% (and that was for the 2nd quarter)
sounds like those are some bad funds :lol:
Nope....most funds were down 2nd qtr....just like the market.

DJIA - April 1st: 10927.07
DJIA - June 30th: 9774.02

That's a 10.5% drop. :coffee: :coffee: :coffee: :coffee:

Re: Glenn Beck/Goldline hilarity... and fraud

Posted: Fri Jul 30, 2010 10:25 am
by Skjellyfetti
So now you're going back 4 months instead of your original "60 days" :lol:

Re: Glenn Beck/Goldline hilarity... and fraud

Posted: Fri Jul 30, 2010 10:27 am
by AZGrizFan
Skjellyfetti wrote:So now you're going back 4 months instead of your original "60 days" :lol:
Read the thread, douchenozzle. i corrected myself by stating that those were my 6/30 statement figures I was quoting. :roll: