Friday, November 5, 2010

Glenn Beck and his Gold (as promised)

So Goldline is one of the biggest scams out there. While I agree with buying precious metals, I do not agree with paying a large percentage to receive it. You can buy bullion or bars without going through a place that will charge you large rates and high shipping charges. You will also be able to buy it at market value or close to market value at least. 1 ounce of silver bullion is going at the current rate of $26.76. I found a bullion on Amazon for $30.95 no shipping. However, Goldline International is selling the same coin for $36.82 plus $6.95 for shipping and another 20 some odd dollars for insurance. Trust me if you're buying gold you will get the insurance. They just made a ton of money off  just one ounce of silver.

I purchased silver in quantity a couple of years ago from a different source than goldline. I did however look into them at the time. I received a nice kit explaining everything but pricing. When I acquired prices by calling the hotline. They actually wanted triple of what I was charged per coin. At the time decided to go with the other source of course. So a few months went by, I get a call from Goldline asking If I would like to purchase. I asked to be taken off their call list. Another month later I was called again. I was a little more firm this time around and bluntly told the rep that I have a source for bullion and or bars and do not want to be called again. They continued to be pushy and call me monthly until I spoke with a manager. 1 1/2 years later I was called just a couple of weeks ago in fact. Honestly, I forgot I even contacted them back in 08'. When the Goldline rep called, she asked if I was still interested in purchasing gold and or silver. I told her that I won't be purchasing anything at this time she said, well if it's a money issue you can make payments and we can hold your coins until you pay in full. That irritated me, I thought a moment and said're with Goldline? She said yes, I asked if they were in some sort of lawsuit. don't think she was expecting to hear that. Then I said wait...doesn't Glenn Beck represent your company. She said yes, but the lawsuit has nothing to do with their company. Also, she stated that Glenn Beck just advertises for us, we don't actually pay him to. I laughed and said any company that uses that scam artist to advertise will NEVER get business from me. I also said I want to be taken off your call list immediately. I then hung up on her and rightly so. I paid less than cost for the bullion I own and I more than doubled my money already. I am not telling anyone to buy gold or silver. I am just stating facts.

So, this just strenthens the case against Glenn Beck. Even though Goldline was found to be legal, in the way of stating that the investment is your decision, basically no one was holding a gun to the buyers heads. The main issue is they are up charging coins 35%-50% making one hell of a profit and screwing the people that listen to Beck. He  is obviously getting paid top dollar to advertise for this company that literally scams people. As I have said earlier you can buy bullion at a much more reasonable cost on Amazon, Ebay, and numerous other ways. Don't fall into that scam. My favorite reading material on the Goldline website is the disclaimer. It basically tells you that it does not guarantee it's coins. So always read things like that. This is the link for anyone who would like to laugh.
Here is a picture I obtained from a website on the Glenn Beck Goldline scam. It's an accurate account of what Beck does. Basically he's scaring people into buying gold and silver. There is more to the picture, but it's too small and you wouldn't be able to read it all. This is the jist of it.

If you fall into his scams, I truly pity you. While I think buying precious metals is a good idea, no matter how the economy is doing. I do recommend to buy Canadian Bullion, that's a personal choice so do what you want. It's also a good idea to do some shopping before jumping in bed with Beck and Goldline. They will take you for a ride. Good luck to you all! I hope you figure out the truth somewhere. Lord knows you will not find it on television. That is for sure, you can't even get accurate news anymore and it's unfortunate. Stay true to yourself, be smart, and be safe. There are so many people out there that are trying to make a quick buck. Buyer beware or it might just bite you in the ass.

Quick note to my fellow Illinoisans THANK YOU FOR VOTING FOR QUINN!!! 4 more years of Democracy baby! On, another note I want to thank all you idiots that voted toward the Tea Party! Prices are going up already and the election just ended. GOOD JOB! Way to stick it to the government!


  1. It's not just Beck. Conservative talk radio has been touting all kinds of Gold dealers for years. I would imagine they have already made exorbitant amounts preying on what I would suspect are ginuinely caring and concerned elderly people. It seems to be an easy racket. I shutter at the thought of a senior citizen, recalculating their fixed income to buy gold or silver, being bamboozled so some rich guy can take their retirement without any personal guilt or responsibility to his own fellow man.


  2. I agree, there are so many people out there trying to make a buck off anyone who is weak. Beck is on of the main people.