The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

You Should Have Listened to Glenn Beck

Posted on | July 18, 2011 | 45 Comments

In May 20, 2010, when I first took note of Rep. Anthony Weiner’s attack on Glenn Beck for promoting gold, the price was $1,192.60 per ounce. Now here’s Monday’s headline from Bloomberg:

Gold Tops $1,600, Surges to Record
in Longest Rally in 31 Years on Debt

Monday’s price was $1,607.90 an ounce, which means gold has increased $415.30 per ounce since May 2010 —  a 35% gain in 14 months.

Beck was right. Anthony Weiner? Not so much.

UPDATE: Welcome, Instapundit readers! Perhaps I could interest you in a $120,000 7-carat diamond ring?


Category: Economics, Glenn Beck

Comments

45 Responses to “You Should Have Listened to Glenn Beck”

  1. Obama Kabuki Wrecking Your 401(k) : The Other McCain
    July 27th, 2011 @ 7:22 am

    […] price fluctuated between gains and losses. The August contract reached a record $1,624.30 yesterday.You should have listened to Glenn Beck!PREVIOUSLY:July 25: Spooky Kabuki: More Free Primetime TV for the Summer Bummer Obama DramaJuly 25: […]