Business

Joe Scarborough Admits: ‘Glenn Beck Has Been Right’ About Gold

Today on MSNBC’s “Morning Joe,” Matthew Bishop, the US Business Editor and New York Bureau Chief for The Economist, talked about his new ebook “In Gold We Trust? The Future of Money in an Age of Uncertainty.”

MSNBC Morning Crew: Maybe Gold Isnt Such a Bad Investment After All

Co-written with Michael Green, Bishop’s ebook discusses some awfully familiar themes: the instability of fiat currencies, the skyrocketing price of gold, and the future of the global economy.

“If you got volatile markets, why do you run to gold?” MSNBC host Joe Scarborough asked Bishop.

“This is a very interesting time because…the people who have been the most successful investors over the past few years, a lot of them basically are very worried about the future of the dollar, very worried about the future of the euro, and they see gold as the best alternative currency,” Bishop answered.

“And they’ve been right a lot,” Bishop added. “They have a lot of their money in that currency and I think the rest of need to understand why. It’s always dismissed as this kind of crazy rightwing thing to do,” Bishop added.

No, really?

“I was gonna’ say! So Glenn Beck has been right,” Scarborough interjected.

“Well, he has on this particular issue,” Bishop said.

“Remember like a year or two ago, Glenn Beck was talking about gold, gold? I mean, if you had invested like Glenn Beck told you to invest, you’d be doing pretty well right now,” Scarborough said to a thoroughly unamused Lawrence O’Donnell and Mika Brzezinski.

Watch the Morning Joe crew discuss gold and the uncertainty in the markets (via MSNBC):

Of course, the compliments couldn’t last long.

“Now the survival seeds, we’re not so sure– the coming apocalypse,” Scarborough added, “But on the gold front, that’s been a good thing.”

“Yeah, so we can debate gold, guns, and God — his three-way position — but I think on gold, he has been right and I think it’s because there is a real problem with our money system,” Bishop said.

“We’re in this period where the Fed and the European Central Bank are now printing money (for good reasons) to get us out of the economic slump in the short run. But in the long run, where does this go? The likeliest outcome, I think, because of the gridlock in Washington…is that they’re going to inflate their way out of the situation and that means all our money will be worth a lot less,” he added.

But what was the bottom-line? What was the final message Bishop brought to the table?

“If you think that Washington is going to take the tough decisions and sort out the country’s finances, then probably gold is not for you. But if you don’t think that, then I think there’s quite a good chance that we’ll have a crisis of the dollar,” Bishop said.

Comments (109)

1 2 3
  • heavyduty
    Posted on March 30, 2012 at 7:23pm

    Makes you wonder why if Glenn is so wrong then why are all these left wingers here? They sure can’t get any news on the other media channels I guess.

    Report Post »  
    • Stuck_in_CA
      Posted on March 30, 2012 at 7:34pm

      C-Span–Live
      Airs at 11AM Eastern
      Republican Presidential Candidates at the Wisconsin Faith and Freedom Coalition
      Mar 31, 2012
      Faith and Freedom Coalition | Wisconsin
      The Wisconsin Faith and Freedom Coalition will host a Presidential Kick-Off featuring confirmed speakers Gov. Mitt Romney, Speaker Newt Gingrich and Sen. Rick Santorum on Saturday, March 31st in Waukesha.
      http://www.c-spanvideo.org/program/305242-1

      Report Post » Stuck_in_CA  
    • GeorgieJo
      Posted on March 30, 2012 at 9:26pm

      ROFL
      Love seeing Meekababy squirming
      Get over it Joe—You are a Progressive Liberal

      OMG 2012

      Report Post »  
    • Miami
      Posted on March 30, 2012 at 9:29pm

      A year to a year and a half….?

      No wonder these clowns don’t get it, they’re a year and a half late. Beck’s been talking about Gold for three years now, pretty much since Obama got in office. Hell I bought in at 890.00 and since doubled my investment…,

      Report Post » Miami  
    • hidden_lion
      Posted on March 30, 2012 at 10:02pm

      Right after 9/11 i started looking into gold. Picking up a coin or two with my feeble funds. I considered getting a $10,000 loan in order to buy a nice chunk, but I talked myself out of it, thinking I would never make enough to make a profit over the interest. I should have gone with my first instinct. After 9/11 gold was a mere $279 and once. I would have made a killing.

      Report Post » hidden_lion  
    • Patrick Henry II
      Posted on March 31, 2012 at 9:31am

      It must now be time to sell gold.

      Report Post » Patrick Henry II  
    • January24
      Posted on August 18, 2012 at 6:58pm

      Here’s another thing Beck was right about: He said the stimulus wouldn’t work and that it would just be wasted billions.

      Obama has been touting GM as a huge success story, but the word on the streets is that GM is now in need of ANOTHER bailout.

      Eeesh.

      Report Post »  
  • Brother Winston Smith
    Posted on March 30, 2012 at 6:52pm

    Glenn Beck’s NEVER BEEN RIGHT!!!!! His FAKE-conservative/libertarian PERSONA is only MIMICKING WHAT RON PAUL HAS SAID OVER AND OVER AND OVER!!!!!!!!!!!!!!!!! While, simultaneously REJECTING Ron Paul for awkwardly-explained… IF NOT NON-EXISTENT reasons. Glenn Beck is a FRAUD and he is smothering Constitutional liberty… while POSING as it’s champion.

    Report Post » Brother Winston Smith  
    • mils
      Posted on March 30, 2012 at 7:01pm

      are you related to al sharpton? i detect the same level of sputtering

      Report Post »  
    • heavyduty
      Posted on March 30, 2012 at 7:20pm

      If Glenn is wrong so much!!! Then why the hell are you here? Gee, must run in the family.

      Report Post »  
    • Mr Galt
      Posted on March 30, 2012 at 7:43pm

      Paultard alert.

      Report Post »  
    • kaydeebeau
      Posted on March 30, 2012 at 7:44pm

      What exaclty has been wrong about? Please elaborate. Enlighten us please. What – crickets? That’s what I thought – another microencephalic drone, incapable of a cogent thought or debate other than 3rd grade,school-yard antics.

      Here’s a hint for the trolls (another hint – media matters operatives, huffpo, etc)- name calling, righteous indignation, etc does not a reasonable debating point make

      Report Post » kaydeebeau  
    • John 1776
      Posted on March 30, 2012 at 7:59pm

      Odd… my tabulations put him at about 95% correct, although his timeline is often off base.

      Report Post » John 1776  
    • OutofSympathy
      Posted on March 30, 2012 at 8:00pm

      @Brother Winston:

      The reason Beck and others of us cringe when Ron Paul is discussed is simply because of his foreign policy answers. His economics and domestic views are quite logical, while his foreign policy seeks to undermine our defensive capabilities.

      Before you say something allow me to explain: Having bases around the world aids in multiple ways, not the least of which is logistics should we have to go to war. It also provides materials should this country be attacked at home and our domestic ability is harmed. Under a Ron Paul presidency he would severely deplete and hinder both. Ron may be right about many things, foreign policy is not one.

      Report Post »  
    • The-Monk
      Posted on March 30, 2012 at 8:45pm

      @Brother Winston Smith
      I went back and read your post from March 28, 2012 at 12:49pm.
      To all Ron Paul supporters… this person and his posts are the reason most people here do not want Ron Paul for POTUS. You all need to reign in your psycho, insane, loudmouth, nincompoop fans if you ever want Ron Paul in the White House. Get it?????

      Report Post » The-Monk  
    • Brother Winston Smith
      Posted on March 30, 2012 at 9:43pm

      @OutofSympathy. Nice. You‘ve inadvertently illustrated one of Beck’s MANY, MANY awkward contradictions. You see, the BS in your comment was believable in 2008. But as America’s thirst for blood has retracted… SO MUST BECK’S SCRIPTED PERSONA FOLLOW. So… POOF… now Beck claims to be a noninterventionist and has even uttered the phrase “just bring ‘em home.” This is wonderful… but… uh-oh… one problem… THERE GOES HIS ONE EXCUSE NOT TO SUPPORT RON PAUL!!!!!!!!! Oooops. And to make matters WORSE, the jackhole broke the ONE SACRED RULE of fake-conservative persona-crafting: NEVER NAME A NAME! He did. Rick Santorum. In that moment… he lost ALL CREDIBILITY. He also DOUBLED-DOWN by calling him a George Washington gifted to us by Divine Intervention. Now he’s in a real pickle. He A) rejects a REAL conservative for no coherent reason and B) SUPPORTS a leftist, while LYING him into being a conservative.

      BAD NEWS for his credibility among conservatives. But, no matter… his target demographic (naive, scared wives who’s hearts are so warmed by Christmas Sweaters) will probably never catch it.

      Out of all the FAKE-conservatives (Hannity/Rush/Beck/Levin/Oreilly/etc), Beck can make my skin crawl, as he will often wrap his deception with the name of the Lord.

      Report Post » Brother Winston Smith  
    • geotico
      Posted on March 30, 2012 at 9:48pm

      If you are looking to compare gold and silver prices I recommend http://www.goldshark.com. It’s a cost comparison shopping site for gold and silver, similar to expedia. I have used the site many times and thought I would share.

      Report Post »  
    • KidCharlemagne
      Posted on March 30, 2012 at 11:32pm

      OutofSympathy
      Posted on March 30, 2012 at 8:00pm

      The reason Beck and others of us cringe when Ron Paul is discussed is simply because of his foreign policy answers. His economics and domestic views are quite logical, while his foreign policy seeks to undermine our defensive capabilities.
      ===============================

      False.

      Today’s foreign policy is driven exclusively by economics and monetary policy…..in fact, current US foreign policy and monetary policy are synonymous with one another:

      “The Same Game with a New Name: “Dollars for Oil” Replaces “Dollars for Gold”
      http://ftmdaily.com/preparing-for-the-collapse-of-the-petrodollar-part-2/

      Report Post »  
    • Therightsofbilly
      Posted on March 30, 2012 at 11:33pm

      @GEOTICO

      Thanks for that link !!

      Report Post » Therightsofbilly  
    • Jaycen
      Posted on March 31, 2012 at 1:24am

      @The-Monk

      Excuse me, but I cringe because Ron Paul is to the left of Barrack Obama, and if you‘d let him he’d prove it to you.

      Look, Ron Paul talks about term llimits quite a bit, so he’s all for wiping out the 1st amendment. You’ll only vote for who I say you can vote, and when I say you can vote for them.

      Look at his best friends and their bigoted stand against Jews. Yeah, it’s all about “foreign policy”. He‘s a kook who’s past his prime. Drink some warm milk and take a nap, Dr. Paul.

      Report Post » Jaycen  
    • LibertarianArgumentalist
      Posted on March 31, 2012 at 1:40am

      I don’t think Beck is a fraud, he’s just seriously misguided on foreign policy. He doesn‘t understand that overextending our military is making America’s defenses weaker, and that our wars exacerbate terrorism. Our invasions are the #1 recruiting tool for Islamists. Israel is more than capable of defending itself. We’re going bankrupt funding all of these unnecessary invasions. We go into places that have not attacked us nor had the capability to. Ron Paul is the only candidate who would change that, and it’s a shame that Beck has not come aboard and instead chose someone completely anti-conservative like Santorum to support.

      Report Post »  
    • A Doctors Labor Is Not My Right
      Posted on March 31, 2012 at 2:57am

      @Jaycen,

      “Excuse me, but I cringe because Ron Paul is to the left of Barrack Obama, and if you‘d let him he’d prove it to you.”

      If you think Ron Paul is to the left of Obama, then you think that Obama is to the right of Jefferson and Washington, because they held Paul’s foreign policy, too.

      Report Post »  
    • QuranIsCorruptAndMuhammadPossessedBySatan
      Posted on March 31, 2012 at 8:07am

      Beck was right about the Arab Spring. Beck was right about OWS.

      Report Post »  
    • Rob
      Posted on March 31, 2012 at 8:33am

      Does using capitol letters make your words mean something else? Looks odd…

      Report Post »  
    • 2Smart2BaLib
      Posted on March 31, 2012 at 8:38am

      GBTV a huge success
      Liberal/progressive
      OWN “Oprah Winfrey” TV – a failure
      Current TV – a failure

      Report Post » 2Smart2BaLib  
    • AmazingGrace8
      Posted on March 31, 2012 at 10:11am

      Fake or Real Conservative? = The difference between Coke-a-Cola or Pepsi

      Fake or Real Liberal = 100% Proof Alcohol

      Blue Dog Democrats = Whiskey & Coke

      Democrats = Beer budget but buy champagne with someone-elses money

      Rhino Republicans = Wolf in sheeps clothing & stole the wine from the basket

      We are not sinners because we break the law..We break the law (moral 10) because WE ARE SINNERS.

      Beck, Rush etc. DON’T HAVE THE POWER TO TAX US..just private citizens with concerns about our beloved country America. Period! (I don’t like the word “right-to” but I say speech is what makes this country so great. If none, this country will be ruled by tyranny.
      Have a great day.

      Report Post »  
    • black9897
      Posted on March 31, 2012 at 10:37pm

      @ OUTOF . Not true my friend. I’m a GB fan and a RP fan. RP wants to bring home troops and strengthen are defense here at home. Is there any constitutional right or any right at all to have bases all around the world like we do? Sorry, but RP has it right on FP.

      Report Post » black9897  
    • wntsmallgov
      Posted on April 1, 2012 at 12:26am

      well mr smith, show your proof. Give examples. Oh nice orginal name there bubba.

      Report Post » wntsmallgov  
  • bastone
    Posted on March 30, 2012 at 6:48pm

    glenn beck was and still is advertizing for a certain gold company.

    Report Post »  
    • A Doctors Labor Is Not My Right
      Posted on March 30, 2012 at 6:53pm

      @bastone,

      “glenn beck was and still is advertizing for a certain gold company.”

      Yes, Goldline. But Glenn needs to watch the following video.

      See here.

      Peter Schiff was Right: Goldline – The Peter Schiff Show
      http://www.youtube.com/watch?v=5gkq9hfjql4

      Report Post »  
    • mils
      Posted on March 30, 2012 at 7:00pm

      good for him!!!

      Report Post »  
    • bullcrapbuster
      Posted on March 30, 2012 at 7:28pm

      Companies advertise and we compare prices and service. What is the problem? Buyer beware. I check out different opinions etc and then decide. They sell those coins because they believe that numismatic coins will not be confiscated if the Gov decides to confiscate gold.I am a fan of Peter’s but in this case he is attacking a competetor and that removes his credibility.

      Report Post » bullcrapbuster  
  • Mateytwo Barreett
    Posted on March 30, 2012 at 6:47pm

    Blenn was wrong about Oberwhatever.- by 3 months.

    Report Post » Mateytwo Barreett  
    • kaydeebeau
      Posted on March 30, 2012 at 7:50pm

      So you are saying that because his timing was off by a little everything he says is false? So are you are saying because Glenn warned it would happen sooner than now, the fact it is now happening is not really happening?

      Report Post » kaydeebeau  
  • ARealCharliesAngel
    Posted on March 30, 2012 at 6:30pm

    Mika knew about “Survival Seeds”…..I KNEW she was a closet listener of Glenn Beck!

    Glenn has been right about so many other things as well!!!!!

    Report Post » ARealCharliesAngel  
    • mils
      Posted on March 30, 2012 at 6:53pm

      She and Joe probably have enough emergency food and water on hand to last for 2 years..they just don’t want the world to know….to heck with gold…if there’s no food to buy..better get those seed out!!!

      I sincerely wish there was someone out in the media to keep us as informed as Beck did…there is so much happening in our lives/country that most Americans seem oblivious to.
      .However, they managed to got rid of Beck and no one has filled his shoes..

      Report Post »  
  • marybethelizabeth
    Posted on March 30, 2012 at 6:28pm

    There’s a difference in gold investments and coin collecting.
    Mr Beck advertises the latter.

    Report Post » marybethelizabeth  
    • shogun459
      Posted on March 30, 2012 at 7:31pm

      Do both coin and bullion as the government has seized gold bullion in the past there are laws, (hahaha), to protect coin buyers from siezure.

      Report Post » shogun459  
    • kaydeebeau
      Posted on March 30, 2012 at 8:21pm

      Uh history lesson “genius”. When the Fed Gov’t required all citizens to surrender all their personally held gold, the only exception was wedding rings and historic collectible gold coins. Let me translate for you – if you could prove your gold was historic, collectible coins, (think coin collectors) you didn’t have to surrender your gold. Otherwise, pretty much unless it was your wedding ring, you would be expected to surrender your gold.

      Are you really that vapid or is this just an act to illicit reply?

      Report Post » kaydeebeau  
    • marybethelizabeth
      Posted on March 30, 2012 at 8:53pm

      And those exceptions are set in stone?

      Like Mr. Beck says. he buys gold the crazy way.
      And still people are deceived.

      Report Post » marybethelizabeth  
    • kaydeebeau
      Posted on March 30, 2012 at 9:24pm

      And the deception is what exactly? Because he buys historic coins (that the last and only time gold was confiscated by the gov’t – coin collections were exempt) So, we are supposed to ignore history and act as if nothing is new under the sun? We are to act without calling upon inductive or deductive reason?

      What is your point?

      Report Post » kaydeebeau  
    • marybethelizabeth
      Posted on March 30, 2012 at 10:09pm

      I’ve heard hundreds of commercials for gold on Mr. Beck’s show. I’ve heard him say they were coins exactly twice.

      Report Post » marybethelizabeth  
    • kaydeebeau
      Posted on March 30, 2012 at 10:36pm

      Listen more

      Report Post » kaydeebeau  
    • Therightsofbilly
      Posted on March 30, 2012 at 11:39pm

      @MARYLIZ

      Exactly twice? Out of hundreds of times? Are you keeping a log? Do you expect us to believe that?

      First, as Kaydeebeau has told you, listen better.

      And don’t open your mouth until you understand what you have heard.

      Holy Toledo.

      Report Post » Therightsofbilly  
    • DoubleThrowDown
      Posted on March 31, 2012 at 12:56am

      Glenn is crazy, but if he’s right then you better be prepared. I know I will be!

      Report Post »  
    • marybethelizabeth
      Posted on March 31, 2012 at 5:42am

      Listen better. He doesn‘t say he’s shilling for a coin dealer.

      I’ve read similar comments so many times here. In the end
      I’m always accurate,

      It’s like Mr Beck said last week, “Listen to the spirit of what I am saying.”
      In other words, don’t listen to what I actually say, just pretend I said what you want to hear.

      Report Post » marybethelizabeth  
  • FlowerBell
    Posted on March 30, 2012 at 6:17pm

    With looming failure on the horizon the repositioning begins. It’s amusing to watch.

    Report Post » FlowerBell  
  • Netsurfer2
    Posted on March 30, 2012 at 6:03pm

    There is a lot of truth in what is happening to this economy! While the government denies anything wrong with the economy, you see businesses going out of business, wide spread inflation happening as the gas prices rise beyond belief and in the not so distant future you will see people rising in the streets demanding higher pay because of the dollar becoming worthless while the cost of living going up! When healthcare passes we will have added even more trillions of dollars to our debt, making it practically impossible to ever pay off, while you see Hillary giving away Billions of dollars to other countries! What next may I ask? It will not make me surprised if you see people up in anger over what our government has done to our economy! Not only that it’s always “business as usual”, just even more of it! I’m sure this will lead to a state of emergency! It‘s getting so bad that even the average cop’s beginning wage is 65000.00 per year, not to mention the perks that come with it, like pension, healthcare and others! I only expect for them to sooner or later go crooked while our society continues to collapse! What do you expect? We will be having such a rough time that they will make it impossible to ever go bankrupt because so many would literally break the banks!

    The wild ride is coming and it is not going to be fun! I suggest get out of debt, buy your staples that last for a long time, pack a gun and pray to God in being thankful!

    Report Post » Netsurfer2  
  • ThankBabyJesus
    Posted on March 30, 2012 at 5:24pm

    Glenn Beck you clever Goose you :)

    Report Post » ThankBabyJesus  
    • A Doctors Labor Is Not My Right
      Posted on March 30, 2012 at 6:14pm

      ““Now the survival seeds, we’re not so sure– the coming apocalypse,” Scarborough added, “But on the gold front, that’s been a good thing.””

      So Glenn is right about gold because the price structure, in terms of fiat money, is going to collapse, but he’s wrong about survival seeds and guns when production goes way down, and prices go way up, due to this collapse?

      Silly.

      What also needs to be said, though, is that while Glenn was right about gold, he was WRONG about Goldline.

      See here.

      Peter Schiff was Right: Goldline – The Peter Schiff Show
      http://www.youtube.com/watch?v=5gkq9hfjql4

      If anyone wants to understand why fiat money causes economic crashes, watch this video.

      See here.

      Smashing Myths and Restoring Sound Money | Thomas E. Woods, Jr.
      http://www.youtube.com/watch?v=HAzExlEsIKk

      Report Post »  
  • jakartaman
    Posted on March 30, 2012 at 5:17pm

    Like I am going to rely on politicians to fix the problem -I don’t think so
    Gold is real paper is o the faith of politicians – hummm let me think

    Report Post »  
  • The Third Archon
    Posted on March 30, 2012 at 5:01pm

    “is that they’re going to inflate their way out of the situation and that means all our money will be worth a lot less,” he added.”
    Well, since that hurt’s the people who have the least amount of money the least, I would say that’s probably the best possible negative scenario–much better than massive unemployment (or both).

    Inflation hurts creditors not debtors–for the vast majority of Americans, a little inflation (which we’ve been remarkably good at quashing hitherto) would be helpful, given the volume of debt most Americans must pay.

    Report Post » The Third Archon  
    • A Doctors Labor Is Not My Right
      Posted on March 30, 2012 at 6:26pm

      @The Third Archon,

      “Inflation hurts creditors not debtors–for the vast majority of Americans, a little inflation (which we’ve been remarkably good at quashing hitherto) would be helpful, given the volume of debt most Americans must pay.”

      Inflation hurds debtors, too, because it’s harder to earn and save money.

      As for quashing inflation, this is absolutely not the case. QE is inflation, and the effects of all of the inflation under the Fed is a constant raising of prices (which is why Ron Paul said he could get the price of gas down to a dime if he was able to keep the feds from intimidating people who use gold and silver as money).

      Inflation is why gas prices are rising, by the way.

      See here.

      The truth about rising gas prices, the stock market, & Warren Buffett’s taxes
      http ://www.youtube.com/watch?v=eQYy25kLijA

      Report Post »  
  • Magyar
    Posted on March 30, 2012 at 4:56pm

    Saints be praised! DUH, Joe! Listened long ago–thanks Glenn!

    Report Post »  
  • The-Monk
    Posted on March 30, 2012 at 4:55pm

    Even SNL knew Glenn Beck was right about gold…. this IS funny.

    http://www.theblaze.com/stories/snl-glenn-beck-was-right-about-buying-gold/

    Report Post » The-Monk  
  • georgepatton
    Posted on March 30, 2012 at 4:27pm

    Hey Scarborough,

    DUH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    Report Post »  
  • spirited
    Posted on March 30, 2012 at 4:20pm

    Unamused Lawrence O’Donnell and Mika Brzezinski should hang around the MSNBC studio after their morning hoax for MSNBC empty-chair interviews;

    < for some endorphines.

    Report Post » spirited  
    • RobMac68
      Posted on March 30, 2012 at 4:50pm

      They were unamused only because they were thinking how much money they could have made if they listened to Beck in the first place.

      Report Post »  
  • bhelmet
    Posted on March 30, 2012 at 4:17pm

    I did listen to Glenn – once at $700/oz, another time at $900/oz, and yet again at $1100/oz.

    Report Post » bhelmet  
  • SpeckledPup
    Posted on March 30, 2012 at 4:14pm

    hahaha, now those vile leftists will be having nightmares all night…GLENN BECK WAS RIGHT.

    Report Post »  
    • db321
      Posted on March 30, 2012 at 4:45pm

      My Economics Professor a Reagan Conservative – warned us to be concerned about a monetary collapse of the US Dollar. Since that time I have never heard any other person ever discuss “Monetary Collapse” – until Obama passed a law a couple of weeks ago that gives him power to declare Marshall Law in the event of a “Monetary Collapse.”

      Don’t get me wrong – I have heard many, including Beck talk about “Economic Collapse” – HELLO – we are in an “economic collapse” right now – a “monetary collapse” means you can collect all the US dollars you want out of the trash can and pay down your mortgage (the mortgage contract is to be paid in US Legal Tender – US Dollars) or second – build a fire with your dollars to keep warm.

      If you think you can buy bread with the US Dollar after a monetary collapse – you are dreaming.

      How do we get to a monetary collapse – our National debt is high enough right now to collapse – if interest rates start to rise – it’s over. The Dollars is no more and Obama can declare Marshall Law!

      Welcome to the Soros United Socialist States of America. If the Liberal Media is just now learning about Gold – maybe they will start warning of a Monetary Collapse a few months after it happens.

      My professor did say that Gold could reach $40,000 an ounce if the dollars collapses.

      Reagan spent 8 years trying to get our debt under control. Then Clinton took office and announced a Balanced Budget. Clinton never thanked Reagan for Balancing

      Report Post » db321  
  • hauschild
    Posted on March 30, 2012 at 4:11pm

    Where’s the rocket science here about gold? When the government determines which businesses will survive (and even then they go bankrupt) what kind of idiot could possibly invest in stocks of companies when all are affected by what the government does in terms of picking winners and losers and monetary policy?

    I long for the good old days when companies’ balance sheets determined their stock worth, and the market index.

    Report Post »  
  • Sirfoldallot
    Posted on March 30, 2012 at 4:08pm

    Does this mean the Mega Lotto is worth only a lg candy bar ?

    Report Post » Sirfoldallot  
  • nobull14
    Posted on March 30, 2012 at 4:02pm

    Glenn has been right about a lot more than just Gold !!!!!! . I think with the Idiots and traitors running the country its going to get a lot worst in the near future ?

    Report Post »  
  • HKS
    Posted on March 30, 2012 at 4:01pm

    If old Joe would just open his eyes a bit, he would find a whole bunch of stuff he’s right about. In fact he would find very little he’s been wrong about.

    Report Post » HKS  
  • scuba13
    Posted on March 30, 2012 at 4:00pm

    Joe is always wrong, that‘s what’s so right about him.

    Report Post » scuba13  
  • Sirfoldallot
    Posted on March 30, 2012 at 3:55pm

    Ben is running every money printing press @ full speed , yeah think ?

    Report Post » Sirfoldallot  
  • OhioRifleman
    Posted on March 30, 2012 at 3:55pm

    Even a dung beetle without olfactory organs will eventually find a turd to roll up into a ball. So it is in the world of nature, so it is on PMSNBC.

    Report Post » OhioRifleman  
  • ColoradoMaverick
    Posted on March 30, 2012 at 3:53pm

    Glenn Beck has been right about allot more than just Gold. He’s been right about the reasons behind the increases in gold and drop in the value of the dollar. It all goes back to the things the Democratic party have been doing to this country.

    Report Post » ColoradoMaverick  
    • TSUNAMI-22
      Posted on March 30, 2012 at 4:02pm

      That’s just crazy talk (sarcasm font)

      Report Post »  
    • CATPBJ
      Posted on March 30, 2012 at 4:05pm

      Well, even a broken clock is right two times per day so Glen getting one thing right out of tens of thousands of ‘opinions’ is hardly a cause for celebration!

      Report Post » CATPBJ  
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