re: #512 WindUpBird

I figured it was obvious from where they advertise. :D Any radio show that trades in psychic phenomena or paranoid far-right-wing ideology will have gold ads every break. Now though, it’s spreading like kudzu because of the recession, even non-crazy hosts are pimping the gold, like they pimp bogus health supplements and quackery. Senior citizens are especially vulnerable to this stuff, gold is one of those “common sense” investments that actually makes no sense. Appeal to emotion and panic and you’ll always make money!

/I listen to too much insider talk radio

For the past six months, my local talk radio station (KLBJ) has had “Buy Gold” ads running narrated by…Glenn Beck!!

Gold is a commodity, no different than pork bellies. If it’s the flavor of the month and you get in on the bottom of a run, you’ll do well. If you get in at the top of the market, and every market has a top, well, you’re pooched.