Friday, March 8, 2013

Listening to the Prairie Prophets

Got to stop listening to Militia radio late at night ( everything  from Fox to  the Flathead self defense  family time ). It just amazes me how they twist , tweak and  project quotes and stories to remind the listener about the evils that lurk in the world out side the perfect world of the homestead . I often puzzled about the  goals of these broadcasters. I guess a small part of them (2 .m.  to 4 a.m.) want donations to their church.  Or buy our end of the Days monthly food supply program ( payment requires in  advance of course ).b The other night I listened to a business offering to take care of you Pets and horses  if you are taken up by the Rapture. ( again for a small monthly insurance plan )
      But the majority of these  Tea Party, biblical , doom and Gloom , anti spics and Indian radio guys are pushing Gold on the listener. Buy gold now , prepare for the end of civilization!

The Money that is made off of touting gold to the low browed  and paranoid is Amazing. For the most part the hype and product is all made up. If the economy and world goes to hades do you think the  machine will just hand you the gold you think you own ?If you are playing with lunch money sure buy some GLD or gold futures, but  If you dream about the colapse of western civilization buy your wife a gold necklace. you  can trade it for a goat herd when society colapses

Today Fox News provided more evidence for why the odious relationship between the right wing media and gold sellers deserves some serious investigation. Despite endless shilling from Glenn Beck, it seems that even Fox doesn’t know if gold is a safe investment. Over the course of two different programs Fox said that gold will collapsed but also promised a 30% increase. Way to play both sides, Fox News.
Here is FNC’s Jonas Ferris predicting a collapse in gold via Media Matters:
Ferris said, “Have I been a little off on gold for the last 5 years sure, but let me tell you something, gold is my super bubble this week, and I can prove it. The US dollar is up, inflation’s down, those are things that should be bad for gold, yet gold is up every day, because it is in a crazy insanity mode just like the NASDAQ in early 2000. It’s going to collapse and it’s going to collapse big time, 50% or more.
Eric Bolling on FNC’s Bulls and Bears offered the exact opposite prediction:
Bolling said, “I like gold. States are going to get bailed out. Gold’s got to go up. You have to have to print currency…gold’s going to go up 30%.”
The conflicting predictions on Fox News run counter to what Glenn Beck has been telling his viewers and listeners. At various times Beck has said, “I’m not recommending gold as an investment strategy. I am recommending gold because when this country falls apart, gold will be the only thing worth anything.” He also urged his listeners to, “think like a German Jew” during the period of Nazi ascendance. “I think people are running out of options,” he said, “of something that could be worth something at all.”"
If Beck’s urgings sound a lot like endorsements from a paid pitchman, that’s because they are. Beck is helping to fuel this gold bubble with his dubious claims about the safety of gold. Bolling’s analysis is either wishful thinking, or he owns a whole lot of gold that he plans to be selling soon. Contrary to all claims of the paid right wing media, nobody knows what gold is going to do, and historically speaking when gold goes on a run during a recession, when the economy gets better, the bubble bursts. That is the part that Beck and Bolling tend to leave out.
Beck has been using scare tactics to get his audience to buy gold, while he is getting paid to convince people to buy gold. This is not only a conflict of interest for Beck, but he is also misusing his position in the media to help inflate a market.

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