About us Login Get email updates
Quick Clip
Print

In segment bracketed by ads to buy gold, Napolitano hosts Hoenig to hype investment in gold

November 04, 2009 6:48 pm ET

From the November 4 edition of Fox News' Glenn Beck:

Please upgrade your flash player. The video for this item requires a newer version of Flash Player. If you are unable to install flash you can download a QuickTime version of the video.

EMBED

Previously:

Cavuto guest Hoenig: "[I]f you want to see the Dow go up," bomb Iran

Expand All Expand 1st Level Collapse All Add Comment
    • Author by Marker (November 04, 2009 7:10 pm ET)
      2 1
      I doubt his toothless followers have the money for that kind of investment and shouldn't they have sold their worldly goods as these are the end of times.
      Report Abuse
    • Author by worrierking (November 04, 2009 7:55 pm ET)
      2 1
      This reminds me of two wingnut friends of mine.

      Back in the eighties they were convinced that the economy was going into a depression and they were worried about the government plan to change the currency overnight (this rumor is still around in wingnut circles), making all green paper money useless. The new currency was going to be red.

      Somehow they heard that coins would still be accepted as legal tender. So every payday for a month the two of them went to the bank to cash their checks and asked for it all in quarters.

      Not the same as investing in gold but, still one of the best wingnut theories I've ever heard.
      Report Abuse
    • Author by thename (November 04, 2009 9:33 pm ET)
         
      I can see it now ... Starbucks all over middle America will be suddenly stuck trying to make change for a flood of .10 ounce Krugerrands bought on a credit card.

      But seriously, folks, the visual of something made now worth more due to economic circumstances (gold) and something made worthless due to economic disaster (Zimbabwean dollars) bracketing something that never had any worth whatsoever (Hoenig) is classic. But hey, at least Napolitano didn't let him pull out an "and I'll sell you one of these bills for the low, low price of $8.99!" shill.
      Report Abuse