Who Is It That's Selling Out the Base?
Human Events continues to send advertising e-mails like the following to their largely elderly, almost entirely conservative Web subscribers.
I’m here to tell you that you CAN make big money in today’s markets.
In fact, I’m going to show you how you could make $442,000 over the next 7 months while keeping your risk tightly controlled.
That may sound like a bold promise. But I’ve made even bolder… and kept them.
After being in the business for over 30 years I know the worlds of finance and investing and I have the knowledge and expertise to help put you on the bullet train to financial freedom.
How, you ask? With a little-known trading strategy I call “short-term stacking”.
Here’s how it works.
Let’s say you had put $10,000 into the Yanzhou Coal Mining calls that I recommended last year. A month later I recommended taking profits of 262.8%.
That means your $10,000 would now be worth $36,280. You could have stopped there — or you could have taken that money and invested it in the CNOOC Ltd. calls I recommended the very next day.
That yielded a profit of 420% in less than 4 weeks. Your $36,280 would now be worth $188,656. Again, you could have stopped there.
Or you could have kept “stacking” your short-term profits by taking those proceeds and putting them into the Harmony Gold calls I recommended a few weeks later.
When we took profits of 141% 3 weeks later, your $188,656 would have turned into $452,811. That’s a profit of over $440,000. And, the whole process would have taken approximately five months.
This little-known strategy has been tested by myself and my readers and it has delivered amazing double- and triple-digit profit potential year after year, month after month.
And now I’d like to share this new technique with you and show you how you could add nearly a half million dollars to your net worth in the coming months.
Though that message arrives in your Inbox with “Human Events” as the sender, it is signed by Mark Skousen. Go on over to the Human Events home page, click on the tab marked “Money” that seems as if it is taking you to editorial content, and guess whose contact information you’re given.
Will anyone join me in calling on Human Events to stop disseminating this nonsense? Or is it okay for conservative publications to exploit the subset of their readers who lack financial savvy?
Another big issue is the rise of the goldbugs across the spectrum of conservative media. It’s partly the result of older readers/viewers who aren’t very financially savvy, but it’s also a political statement – if you really believe Obama hates America enough to run for President, why hold dollars or the stock of corporations defenseless against the socialist onslaught? It dovetails well with the programming – one minute, Glenn Beck is talking about the big communazi takeover, the next minute someone is telling me to buy gold coins that I can hide in a sock and run away with when ACORN comes knocking on my door to take my guns and children.
It’s predatory, pure and simple.
— rj · Oct 26, 05:44 PM · #
If the Mark Skousen described below is the same Mark Skousen you are mentioning, his uncle was Cleon Skousen, the fringe right-winger whose books are being promoted by Glenn Beck. Maybe there’s more to the “tab marked “Money”” than even you have realized, and you might want to look into this a little more.
http://en.wikipedia.org/wiki/Mark_Skousen
— Mark in Houston · Oct 27, 01:47 AM · #
If the right skews older, then it also skews towards fears about inflation eating into fixed incomes. But the right seems to have been goldbuggy for quite some time.
— Klug · Oct 27, 03:28 AM · #
This is totally the right place for “supra_shoes” to comment and so far he’s letting me down.
— Sanjay · Oct 27, 11:53 AM · #
That IS bad.
— Adam Greenwood · Oct 27, 03:10 PM · #
Yes, supra shoes has been disconcertingly absent — it’s like the comments section has lost a bit of its soul.
— Conor Friedersdorf · Oct 27, 06:50 PM · #