Gold Fever | Harper's Magazine

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You’ve probably heard about Goldline, the precious-metals purveyor that buys advertising on the shows of a number of conservative commentators, most famously Glenn Beck.

Beck, of course, is a big promoter of gold, saying just this week, “In the ’80s, Congress realized that if we have problems, people take money out of bonds and put it into gold, silver and precious metals. When you do that, you are in control of your wealth.”

Congressman Anthony Weiner is calling for an investigation into Goldline, “a company Weiner claims employs conservative broadcast talkers to scare viewers into investing in gold -– at grossly inflated prices.”

Federal campaign disclosure records show that Daniel Cotter of Goldline has made five $250 donations to Connecticut Republican Senate candidate Peter Schiff. Not a lot of money, but Cotter presumably made the contributions with gold coins he keeps in a box buried in the back yard.

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