The Superior Gold Group has announced that it has renewed its advertising support of the Fox News Network, despite recent attacks from “Anti-Glenn Beck Liberal Activist Groups.”

United States of America

August 27, 2009 — Earlier today, the Superior Gold Group announced that it has renewed its advertising support of the Fox News Network, despite recent attacks from “Anti-Glen Beck Liberal Activist Groups.” The Superior Gold Group is a Precious Metals Dealers based out of Santa Monica, California. Their expertise encompasses over two decades of experience in selling precious metals to the national market; the company prides itself on great service and being an industry leader in Gold IRA Rollovers.

Superior has recently discovered that they, along with other companies, have been the subject of liberal activist attempts to sully their good name and reputation with unwarranted attacks. In the past five weeks these radicals have blasted several thousand emails, written anonymous reputation attacks and posted negative blog postings. These negative attacks have materialized in the form of false Rip Off Reports, harassing phone calls during business hours and attempts to attack their outstanding rating with the Better Business Bureau.

As stated by President Bruce Sands

“We strive to bring innovative services such as the Gold Affiliate Program, Gold Backed IRA’s, and the Accession Slate Program to the marketplace allowing customers and financial brokers ground-breaking ways to involve themselves in the protection offered by precious metals. There have been several recent attacks on our advertising campaigns purely because of their placement on the Fox News Channels. As a progressive company we represent Americans from all sides of the political spectrum and continue to seek the best ways to market our products and services to our core precious metal buying audience. The attacks have been highly disruptive and we are aggressively pursuing legal action against the actors.“

Superior Gold Group would like to make it clear that it will continue to advertise with the Fox News Channel; in addition they will continue to support the shows of Sean Hannity, Glenn Beck and Bill O’Reilly. However they want to make it clear they do not necessarily agree or disagree with the views represented by the commentators mentioned above. Additionally Superior would like to state that while their core consumer tends to be fiscally conservative in their views, the Superior Gold Group respects all perspective opinions. Unless it is a political commentary on Superior Gold Group’s website, any other assertions should be considered hearsay.
Superior Gold Group is actively investigating all of the harassment. They are keeping records of all cases as they work with the authorities to stop the undesired attacks on their business.

In addition, the Superior Gold Group is announcing a Limited Time Offer that they will give away a free silver coin with every purchase over $2,500 by a new client. All they have to do is mention that they were directed to call by a commercial advertisement on the Fox News Network through the month of September.

Buy Gold Coins today! “Start building wealth you can touch, with people you can trust.”

Contact:
Superior Gold Group
Office: 888.969.6465

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By Bei Hu

June 19 (Bloomberg) — Gold prices may rise to $5,000 an ounce as investors seek to protect themselves against accelerating inflation, said Schroder Investment Management Ltd., which oversees $277 billion of assets globally.

“You could easily see for the next several years that prices rise not to $1,000 an ounce, but prices rise to $5,000 an ounce or beyond as inflation psychology becomes more and more embedded and people become desperate to have a source of value,” said Christopher Wyke, London-based emerging market debt and commodities product manager at Schroder, which oversees about $10 billion of commodity assets.

Investors are turning to gold for protection as two-thirds of the world’s population cope with inflation rates that are climbing to more than 10 percent, Wyke said. Cash and inflation- linked bonds are poor substitutes as low interest rates, coupled with surging inflation, erode the real value of assets, he said. Call Superior Gold Group today and learn how to Build Wealth you can touch with People you can trust at 888-969-6465.

Bullion for immediate delivery was down 0.2 percent at $892.48 an ounce at 9:57 a.m. in Singapore, after gaining 3 percent in the past four days. Wyke didn’t give a time frame for his gold prediction.

Demand for gold will also rise as central banks become net buyers for the first time in 20 years, driven by developing countries, he added. Last year, world production of gold sank to the lowest since 1937 as reserves are depleted and few new sources of gold have been found.

New Fund

Wyke was speaking at a press conference in Hong Kong today to market the Schroder Alternative Solutions Gold and Metals Fund, the first commodity fund authorized for sale to individuals in the city that invests primarily in derivatives, including futures, warrants, swaps and options. Robert Howell and Paula Bujia will manage the fund.

Gold may account for about 40 percent of the fund’s assets, based on a “model” fund used to simulate returns, said Wyke. The fund would also buy securities linked to metals including aluminum, copper, iron ore, zinc and uranium.

The limited amount of gold available, relative to the size of the global capital markets, means a small shift in investments may lead to significant price changes for the metal, Wyke said. Total gold above ground is worth about $4.8 trillion, compared with global stock and bond markets worth $135.2 trillion.

UBS AG, Hang Seng Bank Ltd., KBC Groep NV and Lehman Brothers Holdings Inc. are among firms that manage commodity funds in the city, according to the Hong Kong Securities and Futures Commission. Bank of East Asia Ltd. in February started a fund that buys shares of companies that produce materials and energy.

To contact the reporter on this story: Bei Hu in Hong Kong at bhu5@bloomberg.net

So what happens when you don’t get enough street cred - even with a Porsche 911 (996) Cabriolet? Well, you could go and buy a more expensive car like a Porsche Carrera GT for example, or you could opt for the Midas touch. Just like the owner of this Porsche 911 Cabriolet in Russia who meticulously covered his entire car with gold plates -more than 40 pounds or 18kg of gold to be exact. An atrocity to say the least.

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UPDATE: Comments from Sen. Schumer’s office now are included below.

Pasadena-based mortgage lender IndyMac Bancorp, battling fresh rumors that it is near collapse, conceded today that its financial position “has deteriorated since last quarter,” and said it was working on a plan with its regulators to improve “the safety and soundness” of the bank.

The company’s statement, put up on its corporate website, follows a weekend that saw depositors line up at some of its San Gabriel Valley branches to pull their money, as they reacted to news reports questioning the company’s survival.

It’s no secret on Wall Street that IndyMac has been ailing in the wake of huge losses on its loan portfolio as borrower defaults surge. The company’s stock price has been hammered down to mere pennies, and the plunge in the shares has accelerated over the last week. They ended at a record low of 62 cents today, down 23% from Friday’s close of 81 cents.

But depositors may have been spooked by a letter late last week from Sen. Charles E. Schumer (D-N.Y.) to the Federal Deposit Insurance Corp., the Office of Thrift Supervision and the Federal Home Loan Bank of San Francisco, saying he was “concerned that IndyMac’s financial deterioration poses significant risks to both taxpayers and borrowers.”

The letter stunned some Wall Street analysts, who said Schumer was in effect sealing the lender’s fate by raising the prospect of its failure. Schumer’s response? Don’t kill the messenger. “Make no mistake about it: IndyMac’s problems were caused by IndyMac’s management and no one else,” Schumer spokesman Brian Fallon said in an email. “The home loan bank system has an obligation to lend responsibly and police its members. But it has not been doing its job. We have found the only way to get the home loan bank system to act appropriately and positively is to make public the concerns we’ve already expressed privately.”

In its statement today, IndyMac said that after the Schumer letter appeared in the media, “we did experience elevated customer inquiries and withdrawals in our branch network last Friday and on Saturday of roughly $100 million.” IndyMac said that amounted to about 0.5% of its total deposits of $19 billion.

“While branch traffic is somewhat elevated this morning, it is substantially lower than on Saturday,” the bank said. It added that more than 96% of its deposits were fully insured by the FDIC (meaning the accounts were within federal insurance limits, and therefore should be safe no matter what happens to the company).

But the final part of IndyMac’s statement sounds more like a plea than a declaration that it will survive: “We are hopeful that this issue appropriately abates soon,” the bank said about the deposit outflows, “so that we can focus, with our regulators’ involvement, on the important issue of continuing to keep IndyMac Bank safe and sound through this unprecedented crisis period.”

Separately today, the non-profit Center for Responsible Lending published a report slamming  IndyMac’s lending practices in recent years. Read it here.

Photo: Nick Ut/Associated Press

Be an independent thinker and focus on debt reduction, stock-piling of personal needs, and most of all get busy trading and investing in gold and silver. You will not be disappointed and could earn some splendid gains. Call The Superior Gold Group today at 888-969-6465 and start your portfolio in Precious Metals Now. 888-969-6465

Since 9/11, and seemingly without the notice of most Americans, the federal government has assumed the authority to institute martial law, arrest a wide swath of dissidents (citizen and noncitizen alike), and detain people without legal or constitutional recourse in the event of “an emergency influx of immigrants in the U.S., or to support the rapid development of new programs.”

Beginning in 1999, the government has entered into a series of single-bid contracts with Halliburton subsidiary Kellogg, Brown and Root (KBR) to build detention camps at undisclosed locations within the United States. The government has also contracted with several companies to build thousands of railcars, some reportedly equipped with shackles, ostensibly to transport detainees.

- Winston Churchill, Nov. 21, 1943

Since 9/11, and seemingly without the notice of most Americans, the federal government has assumed the authority to institute martial law, arrest a wide swath of dissidents (citizen and noncitizen alike), and detain people without legal or constitutional recourse in the event of “an emergency influx of immigrants in the U.S., or to support the rapid development of new programs.”

Beginning in 1999, the government has entered into a series of single-bid contracts with Halliburton subsidiary Kellogg, Brown and Root (KBR) to build detention camps at undisclosed locations within the United States. The government has also contracted with several companies to build thousands of railcars, some reportedly equipped with shackles, ostensibly to transport detainees.

According to diplomat and author Peter Dale Scott, the KBR contract is part of a Homeland Security plan titled ENDGAME, which sets as its goal the removal of “all removable aliens” and “potential terrorists.”

Fraud-busters such as Rep. Henry Waxman, D-Los Angeles, have complained about these contracts, saying that more taxpayer dollars should not go to taxpayer-gouging Halliburton. But the real question is: What kind of “new programs” require the construction and refurbishment of detention facilities in nearly every state of the union with the capacity to house perhaps millions of people? (more…)