“One such ad caught the attention of Terry White, a disabled retiree from New York. In 2018, White invested $174,000 in the coins, according to a lawsuit by the New York attorney general — only to later learn that Lear charged a 33 percent commission.
Over several transactions, White, 70, lost nearly $80,000, putting an “enormous strain” on his finances, said his wife, Jeanne, who blames Fox for their predicament: “They’re negligent,” she said. A regretful White said he thought Fox “wouldn’t take a commercial like that unless it was legitimate.”
FOX News helps to rip-off elderly conservatives buying gold out of fear.
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Ahhhh sweet sweet Wapo spam. Nutritious and delish
I see ads for buying gold everywhere. I dont see the point in it.
Better way of saving money is cutting on costs.
Saving money and living a luxury life is not possible for most people, but most people want exactly that.
Gold is a horrible investment. It only pays off after a apocalypse
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@Vegasgiants
Most gold brokers charge outrageous transaction and security fees. As a commodity, it's a terrible investment because it isn't a derivative of any productive capital enterprise unlike other commodities like oil, pork bellies, or cobalt.
Cobalt is a pretty good deal now with all the tax funded government subsidies to the green energy corporate elites.