Stewart Nails Glenn Beck for Promoting Gold

Fox host both fuels and profits from gold craze
By Kevin Spak,  Newser Staff
Posted Dec 11, 2009 9:41 AM CST

(Newser) – Glenn Beck’s cozy relationship with the gold industry—he talks about the metal on his show and is a paid spokesman for Goldline—has so far stayed comfortably under the radar, but Jon Stewart took aim at it last night with a segment on the Daily Show. Does Beck's "nightly fearcast" really boost the price of gold? It does if you believe Glenn Beck.

“This is kind of a nice little feeback loop," Stewart observed. "Glenn Beck is paid by Goldline to drum up interest in gold, which increases in value during times of fear, an emotion reinforced nightly on Fox by Glenn Beck.”

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