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Did anyone else see this gold ad during the Superbowl?

Two past-their-prime stars urge you to sell your gold. I don't know what kind of misfortune has befallen MC Hammer that he needs to sell his gold records (and his dignity), but you might remember that Ed McMahon fell behind on his multi-million dollar mortgage and came close to having his home foreclosed on. Very sad:

100 million people watched the Superbowl, so no doubt tens of millions saw this commercial. Outfits like this pay a fraction of what the gold is actually worth - one article estimated about $300 / oz. But what does the average American know or care? They're just happy to get the spendable cash, and shops like this are popping up in malls across the country.

This is what happens during an economic collapse: Real money - gold - passes from weak hands to the strong. Like millions of Americans, McMahon and Hammer need to raise cash, and as the commercial shows, they'll sell anything to do it.

What differentiates gold from paper assets is that it has no counter party, and therefore no counter party risk. Any other paper asset - stocks, bonds, even the US dollar itself - is just the liability of some other party. If that counter party weakens, the "asset" you hold becomes worth less, or even worthless. Not so with gold. Gold just is.

Whatever you do, don't sell your gold. Gold accumulation is something that you should undertake as a lifelong project - adding to your stash over the years. Along with this be prudent with your finances so that you never have the misfortune of ending up like Ed McMahon or MC Hammer.

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New Cash4Gold info?

i started following the company more closely recently and just saw this...

http://www.earthtimes.org/articles/show/bid-on-a-piece-of,93...

Some of us HAVE to cash in, unfortunately...but I found a place.

My husband and I both were laid off. Before we found new jobs, things were getting tight and we did not want to be late on payments and hurt our credit, so I searched for a place to sell some gold and silver. I read the complaints about Cash4Gold and checked around at other places, both local and online, but NOBODY wanted to tell us how much per gram or ounce they would pay. It felt REALLY sleazy. Then I found the Silver and Gold Exchange. They post the prices per gram right on their site. I did the math and it was pretty good. I called and they had a Fedex guy at my door the next day. They paid a little more than we expected and it helped us over the hump until our new paychecks started coming in. The site is at http://silverandgoldexchange.com
Hope this helps those of you who are feeling the pinch. I think they sell the gold and silver back to the public instead of melting it, so maybe you guys who want to buy instead of sell can get a deal from them, I don't know.

Nope, didnt see it, dont

Nope, didnt see it, dont want to either.

We have fallen a long way and have far to go

"Reality is the leading cause of stress amongst those in touch with it."
--Jane Wagner

Gold Parties are popping up everywhere!

My wife got invited to a gold party last night where you would sell your gold to the host for about the same rate. I told her don't go but if you do, see if you can buy gold from your friends and compete against the host at a higher price. Thankfully, they canceled due to a snow storm.

2 things I want to point out:

1. The user that uploaded that specific video has a link in the sidebar that goes to a www.tinyurl.com/cash4goldsuperbowl (tinyurl to mask the destination site) which redirects to a spoof site www.MYcash4goldSITE.com NOT http://www.Cash4Gold.com

Compare them. Similar at first glance but one is a Fake !
Scamming the Scammers !

2. This same user http://www.youtube.com/user/cash4goldsuperbowl (joined on Super Bowl Sunday no less) has another interesting video in his shared. Check this vid out from TheStreet.com he ripped from them and pay attention at 1:10
www.youtube.com/watch?v=oMYUG8MugjY

Yep, thats a $20 gold Ron Paul coin !!!

Stop. Hammer time!

guess they couldn't afford master p or Mr. T?
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This company is a scam.

It's all over the internet.
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"We will never give up. We will never give in." - Dr. Ron Paul

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"We will never give up. We will never give in." - Dr. Ron Paul

Cool

I should get a kiosk or two at the local malls within 15 or 20 miles of me and start buying gold at $300an ounce.

I saw today comex gold was around 900.

If you live in the NY metro

If you live in the NY metro area, you have a partner.

make that two

please:)

Can I come with ya??

You gotta know when to hold 'em...

Freedom is only for those with the guts to defend it!

What are you fightin' for?
Caught in the middle?
Freedom is only for those with the guts to defend it!

DID ANYONE SEE THIS ONE?

http://www.hulu.com/superbowl/55719/super-bowl-xliii-ads-hul...

It's sick in more ways than the obvious... bastards put it right in our face

Number 2's picture

Yup.

And what are we going to do about it?

Just like the commercial said.

:-(

You gotta know when to hold 'em...

Freedom is only for those with the guts to defend it!

What are you fightin' for?
Caught in the middle?
Freedom is only for those with the guts to defend it!

Isn't this company

like the ones you take your car title too for a backing of a loan ?

And then charge you 30% in interest on the loan ?

"Ask not what your country can do
for you, Ask what you can do for
your country."
John F. Kennedy 1961

"Freedom is a right that can never be won in war,only by each individual "

10 Confessions Of A Cash4Gold Employee...

"I am a former employee of Cash 4 Gold. I did not know much about the company before being hired. On my first day of being hired, I was taught the "Cash 4 Gold Scam" from beginning to end."

http://consumerist.com/5144296/10-confessions-of-a-cash4gold...

Ramblin Randy
www.arewestillfree.org/liberty
'08 Ron Paul Tribute Poster

Ramblin Randy

Michael Nystrom's picture

Good one

Good one

To be mean is never excusable, but there is some merit in knowing that one is; the most irreparable of vices is to do evil out of stupidity. - C.B.

Found it on DIGG / pushing 4000 Diggs

Ramblin Randy

Ramblin Randy

Michael I have been seeing

Michael I have been seeing these for almost a year. I would like to know who actually owns these companies.

BTW : Can I get a sticky on this post? http://www.dailypaul.com/node/81619

www.rtrradio.com

Good question

Seems like a great way of depleting gold from the people... And to think they're giving away gold for paper... Genius.

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