RWNJs hawking gold

Just heard Glenn Beck (AKA "Becker the Pecker") shilling for "Gold Line"...

Yes, buy silver in the form of old worn coins, worn enough to eliminate any collector's value, so that they are sold by weight. Bring them home or to a bank deposit box you rent, and let them sit. Same with gold coins that you might want as a commodity investment. Buy old badly worn ones that the coin shop sells by weight at that day's price. The trick to owning the metal itself, is that selling bullion coins back is fairly easy. They know the original purity for that coin when it was struck. However, if your bullion is in ingots, the buyer will want to take a small amount to assay your ingot, which means you lose that bit of value.  So, get coins that are still recognizable, but almost worn flat. But don't bury your silver in the yard without sealing it air and water tight to avoid bad tarnish and corrosion.

And just for your special information, Sharonite, I've heard these stupid ads on the tv shows of some left wingnuts also. They are all over the cable channels, and radio, without ANY relation to the political leanings of the target audience for any particular channel. They are equal opportunity exploiters.

Especially the ones that entice you to send your old broken or unwanted jewelry to them in "fully insured" envelopes. That's the one that gets me! How do they know to insure it for any particular amount unless it first gets to their gold lab and is evaluated? Lying jerks! Then, they only send you about 90% of the value of your stuff, or less. You will get a better deal taking your old gold pieces to your local jeweler in person.

Originally posted by KonaRose Why do we have to listen to a Britt pitching the 'value of gold' to us? Why don't we believe someone with an American accent? Do these commercials want to imply that the English have more knowledge about this subject than we do? Or that they are 'superior' to Americans? I don't get why we have to listen to pitches about sending our gold to people we never even met - I feel sad for those who fall prey to these commercials.< id="gwProxy" ="">< ="jsCall;" id="jsProxy" ="">

Why would the silver double in price sooner then gold? So sell your gold now, when it's high-priced, and buy some silver? I own some gold coins form collecting, not investing, so I'm not very much into that whole financing scen.

BTW Glenn Beck is as American as you get.