Fool’s Gold: Inside the Glenn Beck/Goldline Scheme
(Newser) – If you thought Glenn Beck's habit of pimping Goldline on his show seemed a bit distasteful before, get a load of this infographic from Wall Stats, created for Barry Ritholtz's The Big Picture. It alleges that Goldline, the gold provider Beck is in bed with, uses the Fox star's name to prod customers into buying coins intended for coin collectors, rather than investors. Goldline pushes "collectible" European coins that, unlike bullion coins, are a lot harder for an amateur to value. It also sells them at a huge markup, charging 47% more than their competitors, according to a congressional investigation.