Glenn Beck's "Buy Gold!" Hucksterism Pisses Off Fox News
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People who rely on Glenn Beck for financial advice may have to find another economist to tell them what to do with their money. Beck, who hawks investing in gold as a survival strategy for when Obama confiscates your guns and the world collapses, also profits from gold company advertising and endorsement deals with gold retailers. Beck's very-trustworthy face graces the website of Goldline International, Inc., with the following endorsement: "Before I started turning you on to Goldline, I wanted to look them in the eye. This is a top notch organization that's been in business since 1960." A video on his website, highlighted by Politico in a great piece about the connection between right-wing personalities and gold retailers, offers this sound financial advice from Beck:
If you’ve been watching for any length of time, and you still haven’t looked into buying gold, what’s wrong with you? I was going to say ‘are you just a reporter for the New York Times?’ but I don’t think they actually watch. They just write about it.
I think you’re nuts. When the system eventually collapses, and the government comes with guns and confiscates, you know, everything in your home and all your possessions, and then you fight off the raving mad cannibalistic crowds that Ted Turner talked about, don’t come crying to me. I told you: get gold.
According to a Daily Finance piece, Beck may have breached not only basic journalistic standards, but what counts as basic journalistic standards at Fox news: