>>>>>I was wondering if it's only the UK that has a proliferation of ads for postal gold companies, since the recession has bitten.
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>>>>>Strikes me they're just cashing in on others' misfortune. Started with just one, with a name like PostalGold4U, now there's lots of 'em - even sponsoring TV shows. They even have the cheek to refer to one's "unwanted gold" - like we've had our use out of it and now don't want it any more, with happy smiling hoi poloi chuffed cos they've received a few quid in the mail for all that gold they had hanging around.
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>>>>>I've been very tempted to send them a few "nuggets" of my own (not gold, mind, unless I've been eating sweet corn) but the envelopes they send you are, like, registered or summat.
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>>>>>Money begets money, at the expense of the poor. Grrrrrr - makes me mad!
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>>>>I think something different is happening. There are a lot of the 'We'll buy your gold' ads here too. I suspect that at the high end of the world's wealthy people are some folks who believe that the value of our currency is about to drop dramatically, so they are buying up the 'gold standard' to cover their butts. Do you get ads by Anthony Sullivan in England? He's a good reason to wear out your mute button. :) Good luck to us all, young fellow.
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>>>There's a nauseating character who advertises here in Toronto. He yells "Bring me your gold", at the TV audience. The thing is, he's been doing it for years. Long before the recession hit.
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>>It's really bad here. We have a couple of news reporters (ya know - the people that are SUPPOSED to be objective) that are making ads for these companies. Glenn Beck from Fox news is the worst. He gets on his TV show - tells everyone that America is over, the economy is done - only thing to do is ...buy gold! Then - you watch TV ads - and there here is - doing ads for Goldline! He even tells people to "pray about it" - then call Goldline! OMG! I've got stuck watching the ad once because my TV remote had slipped into the dark depths of my couch - it was enough to make a person want to puke. I find it disturbing that Fox news would even allow such a thing to do on - like "conflict of interest" comes to mind...duh!
>
>Perhaps I'm missing something here. An opinionated commentator says "America is over" and the "economy is done" then encourages people to buy gold. Seems like solid advice. Perhaps a bit late to the party considering the run gold has been on in the past year but definitely on track investment wise. Although, personally, I favor avoiding the physical metal and investing in the ETFs and mining stocks.
>
>In fact, the only way I can see a problem is if I believed in the delusion of a recovering economy due to a complete misunderstanding economic fundamentals, a distorted view of historical recoveries or an outright refusal to open my eyes to the realities presented in my every day life.

I can still make a good living just panning gold from the rivers to the west of me.