00:00The gold industry bankrolls a lot of conservative media.
00:05Much of the gold IRA business is not actually about selling gold at all.
00:09It's about selling massively marked up coins to people who trust the voices delivering the pitch.
00:14Why is gold a hedge?
00:16I've decided to partner with the top rated precious metals company.
00:19American Hartford Gold.
00:20But it's the fine print that matters.
00:22And what the average person listening doesn't know is how much these pitchmen are getting paid to tell you that.
00:26If the companies have the exclusive control over these coins, they can manipulate the price of the coins at any
00:32time.
00:33So then the question is, how can a gold company afford to pay a pitchman millions of dollars when it's
00:37gold?
00:38It's a commodity.
00:39Its price is set in the international market.
00:40I bought about $186,000 worth of gold and silver.
00:44$400,000 left in my 401k.
00:48The price was so high, exorbitantly high.
00:51How do they have margin that big to pay millions to sell their product?
00:54And that's when I realized something was terribly wrong.
00:57That's the dark side of it.
00:59What he said was, these coins might be the best opportunity for me because you don't get as much of
01:06a loss.
01:06And they tend to really accelerate when the market goes up, which obviously sounds too good to be true.
01:12We know this is happening because we talk to people who work inside these companies.
01:16The reality is there is no regulation.
01:19It's like putting a Band-Aid over a gunshot wound.
01:21And then we talk to people who lost their savings with these companies.
01:24They were pumping this company and I trusted them.
01:27And what we found is truly cynical.
01:30Trust in media is weaponized.
01:32They said 34%.
01:34There is no way I heard 34%.
01:39I heard 4%.
01:40Commissions are so extreme that Americans losing their savings even as the price of gold rises.
01:47Why?
01:48Because they bought it for so much more than it's actually worth it.
01:51They can't redeem it.
01:52It's so crushing.
01:55It's a great gold scam.
01:57What's happening is widespread.
01:59It's legal.
02:00And almost nobody is talking about it.
02:02We are.
02:02Watch it now at TuckerCarlson.com.
02:05People are getting robbed.
02:06We're sounding the alarm and we hope you will join us.
02:09We'll see you next time.
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