>>12019664There is this massive industry of gold-scammers fleecing boomers from their money with stories of the Apocalypse. A lot of right wing radio hosts got in on this, like Glenn Beck, Peter Schiff, Mark Levin....etc.
Parking your money in gold is absolutely retarded. This is a non-performing asset. Your money is sitting inert, not doing anything. When you buy shares in a company, that company is generating profits that you are realizing. When you buy Gold, your money sits inert. Gold is not even very useful as a hedge, because it tends to track with the stock market, since market downturns often result in the need for liquidity, which means gold shares get sold off.
These gold scammers have been preying on the libertarian community ever since I first got involved over 10 years ago, the Ron Paul movement was filled with them.
And now it looks like these guys are trying to get more suckers from /pol/ to buy in.
