DEMOCRATIC INVESTORS MADE OVER 26% IN 2013. REPUBLICANS LOST 28%!

[JEFF9K]

The final numbers are in. Democrats who invested in blue-chip Dow stocks had gains averaging 26.5% for the year. Those who also had tech stocks did even better, as the NASDAQ was up 38%!

Republicans who took the advice of the Tea Party, the right-wing media, and right-wing advertisers LOST 28% on the gold they bought!

Can anyone say SCHADENFREUDE? Can anyone spell it?

You could almost feel sorry for Republican “investors” if they weren't such a bunch of A-holes. They spend hours every day getting punked by Rush and friends into voting against their own interests, then are persuaded by the commercials into making investments that shrink their retirement funds the way Grover Norquist wants to shrink government!

2014 promises even more Schadenfreude. Not only will the fraudcasters of right-wing media continue to push “precious” metals, they will be running commercials for something called the BIBLICAL MONEY CODE. These commercials are by a “former preacher” who “once earned $15,000.00 per year” but now “donates up to $50,000.00 to charity.” If I'm not mistaken, “up to $50,000.00” means less than $50,000.01 but more than $0.01.

The commercials direct you to a website called MoneyCode12.com. A word to the wise: before spending your money, find out why MoneyCode1.com, MoneyCode2.com, MoneyCode3.com, etc., went out of business. Otherwise you could find yourself taking the Lord's name in vain.

HAPPY NEW YEAR, EVERYONE!!

[NoOneMan]

1. LOL

No. Rich people made a killing. Poor fools lost money on gold. Poor sensible made money in the market. Disparity still grew.

[JEFF9K]

28. It's true that most rich people made a killing. ...

... and that disparity grew. But the goldbug wing of the Republican Party got what they deserved.

[babylonsister]

2. This could be true.

I need a link!

Schadenfreude indeed! Makes me giggle.

[JEFF9K]

7. I wrote this after watching the Nightly Business Report on Public TV ...

... and hearing the closing numbers. They are easy to verify, if that's your concern. The info on the Biblical Money Code comes from listening to commercials on Rush Limbaugh and Glenn Beck's shows. So there really aren't any links, unless you want to go to the Nightly Business Report's website or PBS.org or any financial site for the closing numbers.

[PM Martin]

3. The gold kooks deserved every cent of loss.

[Gidney N Cloyd]

9. In part that would be...

...people who were worried about the economy and heard gold commercials on liberal radio shows like Stephanie Miller and decided to put some money in.

[progree]

20. Not just Stephanie Miller, but Thom Hartmann and Ed Schultz and Randi Rhodes too. Sigh

See #18 for Ed Schultz's the - U.S. - is - sinking - like - the - Titanic - under - a - mountain - of - debt, - that's - why - I - own - gold ad.

[JEFF9K]

29. Liberal political talk on the radio is non-existent in most of the country.

[Wounded Bear]

16. Yeah, I always figured...

by the time I hear the ads for some investment, it's already too late.

[mazzarro]

4. Link(s) please! -- n/t

[Schema Thing]

5. Links to what?

[BKH70041]

6. There are no links

The DJIA ended 26.5% from this time last year and gold dropped in value. Presuming that Republicans lost and Democrats gained money this year has no basis in reality.

The rich got richer this year. Who exactly is the party of the rich?

The OP is talking out his ass and being an idiot.

[FBaggins]

8. and there's no shortage of gold bugs on DU.

Nor is it likely that we're more likely to own stocks than others are.

[JEFF9K]

21. Goldbuggery is overwhelmingly a Republican thing.

[FBaggins]

31. Now that there's a Democratic president... sure.

But it certainly didn't appear to be the case here a few years ago.

[JEFF9K]

42. Belief in gold has long been an important part of the Republican economic philosophy ...

Belief in gold has long been an important part of the Republican economic philosophy ...

... It has never been a major part of the Democratic philosophy.

[FBaggins]

45. Nope.

Many/most libertarians... but not republicans in general.

... It has never been a major part of the Democratic philosophy

You're either quite young or just don't know your history.

Sorry... you're flat wrong.

[JEFF9K]

23. Stupid comment!

People who took economic advice from the Tea Party, right-wing talk shows, and right-wing advertisers and bought gold lost big on their "investment!" THAT is reality.

Try to read more carefully before making such inaccurate and perverted comments.

[BKH70041]

32. That's right -- "People"

"People" who took advice. "People."

And has been noted several times in this thread, these advertisements are also on LW radio shows like Hartmann and Schultz. These companies are advertising on there because they are finding customers. Likely a whole lot of customers. These gold "get rich quick" types cut across the political spectrum, just as those who reject it. You'd have to be completely out of touch to believe that only Republicans do this but Democrats don't. You'd have to be even further out of touch to believe that any one group of people belonging to a particular political party are more inclined to be enticed and to follow through. The idea of "Presumably liberal listeners will be too smart to fall for them" is too full of ignorance to even be worthy of further comment.

But to say that Democratic investors made over 26% in 2013 but Republicans lost 28% is too blanket of a statement for any reasonable individual to swallow. Your headline is completely misleading and a lie. The best you can do and almost be accurate is that investors who owned gold in Jan 2012 and held it to Dec 2012 lost money and those who invested in the DJIA type stocks in Jan 2012 and held it to Dec 2012 gained money given the trends of 2012. But that's all you can say with any shade of accuracy.

And to believe that Democrats somehow made out better this year than Republicans? All you have to do is read all the dozens and dozens of "I'm broke and living under a bridge" type posts at this site to see that's not even close to being true.

[JEFF9K]

44. Your "logic" is pathetic ...

Your "logic" is pathetic ...

There is nothing inaccurate or dishonest about the opening post.

Are you too stupid to realize which two groups of people I'm comparing?

You keep ignoring the fact that LEFT-WING RADIO IS NON-EXISTENT THROUGHOUT MOST OF THE COUNTRY!

I never suggested that Democrats as a group made out better than Republicans as a group.

Your closing paragraph is a textbook example of poor logic.

[FBaggins]

33. Nope... the error was yours

It's nonsensical to pretend that republicans buy gold and democrats buy blue-chip stocks.

Nor are the gold pushers "right wing advertisers"... they advertise on left-wing shows too.

[JEFF9K]

38. There are NO LEFT WING RADIO SHOWS in most of the country!!!

[FBaggins]

43. All caps and extra exclamation marks doesn't add to your credibility...

... it just makes you look less stable.

You can spin it however you like... but gold bugs are not congruent with republicans and stock market investors are not congruent with democrats. You don't need to listen to right-wing radio (or those on the left) to be bombarded with gold advertising.

As I said in the beginning... there is no shortage of gold-bug and anti-stock-market here on DU. Your OP title is nonsense. It's easy, for instance, to look up historical polling and show that republicans are far more likely to own stocks than democrats are.

[progree]

47. Have you ever heard of Sirius XM? Or streaming the Internet? ? ? ? Podcasts? ?

Both cover most of the country, didn't ya know?

Jeff9K >> " There are NO LEFT WING RADIO SHOWS in most of the country!!!"

[JEFF9K]

10. Here's a link to the NIGHTLY BUSINESS REPORT.

http://nbr.com/ There are no links to right-wing commercials.

[FreakinDJ]

11. I went "All In" when Obama said "There are some really good values" - DJIA 6700

Glee I tell you - just Glee

[JEFF9K]

30. Republicans took their money out ...

... and invested in "precious" metals and 0.000000000000001% CDs!

[Curmudgeoness]

12. I want that MoneyCode!!!!

Then I want to get out of paying a $300,000 tax debt by giving them $3,000. And I want to find out what I have to say to the bank to get my retirement silver.

The ads that they repeat ad nauseum make me crazy. I cannot believe that anyone would fall for these tactics, but it is obvious that they do, in large numbers.

[JEFF9K]

26. I thought that tax-debt guy got shut down. ...

... There must be some kind of loophole.

[Curmudgeoness]

46. I was listening to Rush yesterday

and they still had that ad....or one of those ads. I have no idea how many companies advertise that.

And just for everyone who is shocked that I was listening to Rush, I always do when I am free when he is on.....know thy enemy. It helps for me to know who the dittoheads are when I have political discussions. They are the ones who use the same terminology that I hear on Rush, so I can push them to come up with their own ideas. I will admit that I rarely get through the whole three hours though.

[ProdigalJunkMail]

13. we dumped most of our gold at $1800 or so

and made a killing from the mad run-up. all that we have left is right here on my desk...

sP

[JEFF9K]

25. There was a time when it made sense to buy gold. That time is past.

[ProdigalJunkMail]

34. i actually felt like we held on too long

but we did well in the end... not that we're rich or anything, but it will help with retirement if i ever get there.

sP

[JEFF9K]

15. Link to the Biblical Money Code website ...

http://w3.newsmax.com/newsletters/uwr/video_money_codea.cfm?PROMO_CODE=15AB8-1

[ileus]

17. How could anyone lose a dime this year.

Last time I checked I was up 23% back in September. (I'm locked out of my account now, forgot new password)

[progree]

19. Answer: precious metals

True confession: here is a fund I own for diversity / inflation hedge purposes (sigh)

Vanguard Precious Metals and Mining Inv (VGPMX)
http://finance.yahoo.com/q/hp?s=VGPMX+Historical+Prices

Dec 31, 2012: 15.95 $/share
Dec 31, 2013: 10.34 $/share

Down 35.2% by my math (doesn't include a 4% dividend yield at today's prices)
(the website has a -36.1% YTD return, but the "*" footnote says that's through Nov 30)

Most investors in precious metals and precious metal funds have done probably even worse than this

[ileus]

22. But who would actually invest in that crap?

Sure I bought my son about 200 bucks in silver this Christmas.

Silver coins for his collection that is...

[progree]

37. Oh, I invested in it for my 1998 and 1999 Roth conversions - it's almost tripled

Progree>> "True confession: here is a fund I own for diversity / inflation hedge purposes (sigh) ... Vanguard Precious Metals and Mining Inv (VGPMX) "

ileus>> " But who would actually invest in that crap? "

VGPMX has nearly tripled since then through 12/31/13. Considerably better, than, say VFINX, the Vanguard S&P 500 fund over the same period (not quite a doubling). (Both performances are total returns, i.e. including dividend and cap gain distributions)

I'm kind of a buy and hold guy that also believes in some diversity, in case my primary assumptions are wrong.

Also I believe there will be considerable resource scarcity, particularly the industrial metals silver and platinum will be an issue when the world's economies get in full gear.

[progree]

18. Yes, Republicans like Thom Hartmann and Ed Schultz

Last edited Wed Jan 1, 2014, 05:29 AM - Edit history (1)

Google: itm trading thom harthmann ed schultz

Here's a commercial I heard from Ed Schultz. My jaw almost dropped when I heard it, since I've heard him for hundreds of hours at least, and never heard anything deficit hawkish from him before:

Google: ed schultz gold ad debt

Ed Schultz for ITM Trading here. In the United States Congress, Republicans and conservatives want all the chairs to be red on the right. Democrats and liberals want all the chairs to be blue on the left. Some call for bipartisan purple chairs in the center just for show. The trouble is, all of the chairs are on the deck of the Titanic and it's going down. Sixteen trillion dollars of national debt is a hole that may never be fixed, yet Congress continues to squabble over the arrangement of the chairs on a sinking ship. Our country takes on $1.7 billion of new debt every day. Can it ever be repayed? Never?

That's why I own gold and you should too. So call my friends at ITM Trading today for your free gold information kit. That's 1-888-***-***. That's 1-888-***-****. When the ship goes down, you can be in a blue chair, a red chair, or in a lifeboat. Call now for your free gold information kit from ITM Trading and set your own course. Call 1-888-***-****. That's 1-888-***-****.

[JEFF9K]

24. The political talk media is overwhelmingly conservative.

In my big city there have been no liberals on the radio for many years. Since advertisers are also overwhelmingly conservative, it may be necessary to run some of these ads to stay in business. Presumably liberal listeners will be too smart to fall for them.

[Gidney N Cloyd]

27. You're gonna rescue this thread if it takes all day, aren't you?

[progree]

36. +1000 Well put. BKH70041 in #32 also did a great job n/t

Last edited Wed Jan 1, 2014, 02:39 PM - Edit history (1)

[JEFF9K]

40. There is nothing inaccurate about the thread!

There is nothing inaccurate about the thread!

The text makes it clear that I am comparing Democrats who invested wisely with Republicans who invested in gold.

Belief in gold is a HUGE part of faulty Republican economic beliefs. No informed person can say otherwise.

[Cal Carpenter]

35. Making stuff up, passing it off as fact

and in all caps, nonetheless.

The rich win, the poor and uninformed lose. It's about class, not party.

I hope all that schadenfreude keeps you warm and happy while the divide between the rich and the poor grows to unprecedented, obscene levels right here in the belly of the beast.

[JEFF9K]

41. Try reading the post carefully before embarrasing yourself ...

Try reading the post carefully before embarrassing yourself ...

... with such stupid comments.

My comparison between the Republican base's belief in gold and the Democratic belief in sensible investing is valid.

[bhikkhu]

39. Absolutely true in my case

I live and work in a RW area, and my boss for one listens to rush and hannity and so forth. Anytime I tell him how the economy is improving and the markets are healthy, he comes back with some straight-off-the-radio nonsense about how its all fake, and all rigged to collapse. He and many others here haven't been looking to invest, but rather to survive disaster.

He put all his money into silver over the last couple of years, buying mostly around $30/ounce - losing a fortune. I put some extra money into a couple of mutual funds balanced toward "growth and opportunity", and netted about 30% last year.