If You Are Just on the "National Review" Mailing List, This Is the Kind of Thing It Sends You
When a right-wing magazine's attitude towards its readers is: "if God did not want them sheared, he would not have made them sheep..."
Now you can say that there is a wall between National Review’s advertising, editorial, and news—that the editorial says what it thinks, and the news reports what is going on, all without keeping both eyes on the situation that the money that comes in comes in from people whose reading of National Review has primed them to easily let their pockets be picked and thus their retirement money stolen by this particular bunch of scammers.
Right.
For gold—or BitCoin, for that matter—to have a place in your portfolio, you have to believe that it has a sufficiently negative beta to put it on the market line even with its zero real fundamental return. That means that you have to believe that the chances that people in the future will be scared is high, but the chances that things will actually fall apart (in which someone with local political or military power simply takes your gold) are low. That is a very small needle to thread indeed.
But that is not the sales pitch they are making, is it?
You can say that this is simply a deluded fringe—albeit one whose pockets are easily picked, and thus the one that National Review finds it most profitable to to deliver to advertisers bound and readied for sheering—and that most National Review readers are sensible people you can talk to, rather than people who have been hypnotized into a scared, defensive crouch, in which they are too terrified to leave their gated communities, precisely so this particular grift can be run against them.
Right.
<https://public.hey.com/p/DXNf5GDoX5S42Z1HagptoAJT>
NATIONAL REVIEW
A MESSAGE FROM OUR PARTNER
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I suspect that few of the buyers take direct possession. As I understand it, the advertiser, GoldCo, directs customers to custodians. GoldCo trumpets that it charges no fees—but the custodians do charge fees, and high ones, and I am not at all confident that they are all real "custodians"...
The irony is that during Obama's presidency the Fed steadfastly refused to debase the coinage ENOUGH. We had a decade of under target inflation and high unemployment. Fortunately, Trump jawboned Powell toward doing his job.