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Byron DeLear Dana Milbank’s article two days ago, “Mormon Prophecy Behind Glenn Beck’s Message”, talks about some coded language Beck’s been using–supposedly a prophetic prediction made by the founder of Mormonism, Joseph Smith. Hanging by a thread. Sounds like the sign of the times in so many ways. We all know profit-driven ‘news-entertainment’ is [...] Maybe the left should be asking why Glenn Beck’s message resonates with many rather than trying to bash him as extremist and his followers as unwashed trailer trash. (Hint: If you call someone a racist yahoo, chances are you won’t convert him to your side.) Clearly what Glenn Beck says strikes a chord with many [...] Infographic by The Big Picture Ritholtz explains it in a humongous graphic.(Click to view it full-sized.) Basically, it’s bait and switch. Customers call for bullion and get pushed into collectible gold where the spreads and commissions are much higher (plus collectible gold is much harder to sell. Bullion is easy.) Goldline also charges [...] Stock market pundits often say by the time a financial trend makes it to the cover of major news magazines, it generally signals it is time to go the other way. Thus, if Newsweek has a cover story saying the Bull market is Back, then it’s time to sell and go short. Therefore, using this [...] |  | ||||
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