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Old 10-01-2010, 10:49 AM   #278 (permalink)
Baraka_Guru
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Whether or not Beck takes himself seriously, or whether he does things on whims and thinks on the fly, is of little consequence to his net effect. He has influence, and I think far too many people take him seriously. I wouldn't be surprised if many of his viewers look to him as one of their primary sources for news and current events. That's a problem.

That and he harps on about the importance of investing in gold. I think that's a bad idea. 1) No one should ever take investment advice from a television program, 2) gold is at a record high after a surge in price. It can be argued that a bubble is still a long way off, or that a bubble isn't even the case. Regardless, buying gold now is quite possibly buying gold at the top. If you don't think gold prices are cyclical and susceptible to ups and downs, then you need to learn how to read a chart.
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