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How Glenn Beck Screws His Viewers

Infographic lays out Goldline's unscrupulous practices

By Kevin Spak,  Newser Staff

Posted Jul 29, 2010 11:08 AM CDT

(Newser) – If you thought Glenn Beck's habit of pimping Goldline on his show seemed a bit distasteful before, get a load of this infographic from Wall Stats, created for Barry Ritholtz's The Big Picture. It alleges that Goldline, the gold provider Beck is in bed with, uses the Fox star's name to prod customers into buying coins intended for coin collectors, rather than investors.

Goldline pushes "collectible" European coins that, unlike bullion coins, are a lot harder for an amateur to value. It also sells them at a huge markup, charging 47% more than their competitors, according to a congressional investigation.

This infographic, created by Jess Bachman for Barry Ritholtz's The Big Picture, lays out how Goldline rips off customers.
This infographic, created by Jess Bachman for Barry Ritholtz's "The Big Picture," lays out how Goldline rips off customers.   (Wall Stats)
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COMMENTS
Showing 3 of 38 comments
Snowleopard
Jul 30, 2010 12:28 PM CDT
I'm not surprised that anyone stupid enough to listen to glenn beck fell for this kind of thing. they deserve to have their money swindled from them.
zdaydream
Jul 29, 2010 11:54 PM CDT
No wonder he's going blind. He's paying 7 times for his misdeeds. <:-)
DanDean
Jul 29, 2010 7:14 PM CDT
I find it hilarious that all the morons falling for this panic scam are Fox News Viewers... Keep it up! A fool and his money are soon parted... I should start selling crap for big bucks on Fox News too. Their regular viewers are ALL fools!

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