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Wednesday, July 21, 2010

Is marketing gold patriotic?



Glenn Beck promotes gold to his audience while profiting from gold investment firms Beck reportedly "in a bit of trouble" with Fox News over promoting gold Rep. Weiner goes after Beck's house of gold. Conservatives have the gold bug!
Gold sales have been prominently featured on many conservative media including the Rush Limbaugh Radio show and NewsMax. 

Gold is something wealthy people purchase in hard economic times that is then is placed in a safety deposit box. Gold now costs $1192.30 and the cost puts it beyond the grasp of the average American.

Is buying gold good for the economy? Gold sales depress the economy because it is not circulated like other commodities.

Gold reperesents a concentration of wealth rather than the government 's goal of spreading the wealth around . The latter is essential for the well-being of the US economic engine.

Is marketing gold patriotic?  In many respects, it is subversive during the Great Recession.

source: http://www.ripoffreport.com/Brokerage-Companies/Rush-Limbaugh-Radio/rush-limbaugh-radio-advertiser-5dcc3.htm

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