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How right-wing news powers the ‘gold IRA’ industry
The Washington Post ^

Posted on 07/26/2023 7:55:25 AM PDT by Syncopated

click here to read article


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To: Syncopated

Is this what the Liberty Daily keeps pushing?


21 posted on 07/26/2023 8:17:35 AM PDT by JZelle
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To: chajin

[Honest question: can you give an example of how to do this?]


https://www.consumerreports.org/cro/2014/05/how-not-to-invest-in-gold/index.htm


22 posted on 07/26/2023 8:22:20 AM PDT by Zhang Fei (My dad had a Delta 88. That was a car. It was like driving your living room)
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To: Right Brother

What’s the commission with them?


23 posted on 07/26/2023 8:30:15 AM PDT by nickcarraway
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To: Syncopated

Gold is an appropriate (small) part of a financial portfolio, but a 33% commission is never appropriate.


24 posted on 07/26/2023 8:46:43 AM PDT by babble-on
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To: Syncopated
Gold IRA?

Nope. Just an IRA. ALWAYS read the fine print. ALWAYS read the fine print. ALWAYS.

Gold is something physical you can hold, guard, hide, keep. And IRA is just paper, after having put your money in the hands of someone else, and they get to charge you for that "privilege."

25 posted on 07/26/2023 8:58:42 AM PDT by Worldtraveler once upon a time (Degrow government)
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To: MeganC

Sigh. My money parted long ago. With my first wife.


26 posted on 07/26/2023 9:01:13 AM PDT by silent majority rising
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To: nickcarraway

It varies by weight and quantity. For example, a single 1 oz. gold coin that sells for approximately $2k will have a premium of between $80 and $90.


27 posted on 07/26/2023 9:01:57 AM PDT by Right Brother
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To: silent majority rising

My sincere sympathies.


28 posted on 07/26/2023 9:06:22 AM PDT by MeganC (There is nothing feminine about feminism. )
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To: babble-on
Gold is an appropriate (small) part of a financial portfolio, but a 33% commission is never appropriate.

Yeah, what do they think they are, attorneys?

29 posted on 07/26/2023 9:16:57 AM PDT by JimRed (TERM LIMITS, NOW! Militia to the border! TRUTH is the new HATE SPEECH.)
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To: Syncopated

Can’t anyone just look at the price of gold for the last 5, 10, 20, 30 yeras, and see where it’s been and where it’s at??


30 posted on 07/26/2023 9:25:07 AM PDT by bantam
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To: Zhang Fei; NorthMountain

Thank you to both of you!


31 posted on 07/26/2023 9:29:52 AM PDT by chajin ("There is no other name under heaven given among people by which we must be saved." Acts 4:12)
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To: Syncopated

I hear those ads all the time on con talk shows. Even ones I like. One thing I know is to never patronize a company which advertises on con talk shows. Just about all of them are scams. And why wouldn’t someone just buy their own gold coins and store them in a vault of in pickle jars in the back yard? Seems dumb to buy PMs for someone else to keep.

Worst performing “investment” I have is my stack of coins. They have lost value when compared to inflation.


32 posted on 07/26/2023 9:33:52 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: Syncopated

> You can literally buy precious metals online, near-spot pricing.

It’s very common for premium on the cheapest silver rounds at the best dealers to be about four to five dollars when spot is about $22-23. That’s 20-25%. Premium on actual minted coins is higher.

Give a link to the the dealers that are charging near-spot.


33 posted on 07/26/2023 9:53:36 AM PDT by old-ager
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To: bantam

Yeah...well....it’s as much the decline of the dollar as it is the rise of gold.


34 posted on 07/26/2023 9:56:40 AM PDT by gundog (It was a bright cold day in April, and the clocks were striking thirteen. )
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To: nickcarraway
So, basically “conservatives” are idiots? These companies only target people on the right? It’s not om MSNBC?

Fox is RINO. Those are the idiots these companies must be targeting.

35 posted on 07/26/2023 12:12:04 PM PDT by FreeReign
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To: Syncopated

Gold is still better than infalted fiat money they’re deliberaetely devaluing minute by minute.


36 posted on 07/26/2023 12:20:38 PM PDT by TBP (Decent people cannot fathom the amoral cruelty of the Biden regime.)
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To: Syncopated

You have to be careful which company you deal with.


37 posted on 07/26/2023 12:21:01 PM PDT by TBP (Decent people cannot fathom the amoral cruelty of the Biden regime.)
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To: Syncopated

I wonder how this company compares

38 posted on 07/26/2023 2:12:40 PM PDT by Fido969 (45 is Superman! )
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To: Organic Panic

Agree.

Hugh Hewitt
Chris Plante
Dennis Prager
Sebastian Gorka
Howie Carr

When they aren’t peddling PM to trusting seniors, they hawk majic non-prescription pills that fight pain or that supposedly boost energy.

These senior or near-senior talk show hosts abuse seniors.


39 posted on 07/26/2023 3:44:10 PM PDT by Jacquerie (ArticleVBlog.com)
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