In a commentary advertisement for Food Insurance, Glenn Beck cited surprising statistics. These statistics came from the National Inflation Association. The National Inflation Association is an organization, headed by Gerard Adams, that profits off fear of inflation. Given that Glenn Beck has gotten into trouble for pushing gold, and the National Inflation Association connection to gold, the statistics of the Association need to be carefully examined.
Those in the National Inflation Association
The National Inflation Association is run by Gerard Adams. Adams is a stock analyst who also runs the newsletter “Wall Street Grand,” which offers advice on which stocks to purchase and sell. According to the National Inflation Association site,:
"One of our missions at the National Inflation Association is to …profile companies that we believe will prosper in an inflationary environment. Typically we will bring to you producing, profitable, Gold and Silver companies."
Buying and selling stocks is how Gerard Adams makes a living. It isn't absurd to think the Association's recommendations on stock will affect whether he loses or gains.
The Glenn Beck connection to The National Inflation Association
On his November 9 radio show, Glenn Beck cited figures from the National Inflation Association in his push for “Food Insurance.”. One of the stated sponsors of that hour of the show, Food Insurance has been giving Beck money to push their product. In the past, Beck has been improperly promoting other things. Gold and silver were promoted. Beck promoted a gold and silver dealer that was also on the National Inflation Association website. This had been Goldline International.
Now where the National Inflation Association will be going
The National Inflation Association is a group that encourages fear and worry about possible inflation in order to sell gold and silver. Many of the states made by the National Inflation Association are highly questionable, for instance the assumption that a depression leads to an increase, not a decrease, in most prices. You may think about checking out the National Inflation Association in the future. Be careful though, and research the data you find.
Articles cited
Media Matters
mediamatters.org/blog/201011030007
Politico
dyn.politico.com/printstory.cfm?uuid=9E653924-18FE-70B2-A8A11AD45BC7DEC5
Gerard Adams
gerardadams.com/
Scandalous Muffin
scandalousmuffin.wordpress.com/2010/07/02/fact-checking-the-national-inflation-association-and-its-hyperinflation-fear-mongering/
Business Insider
businessinsider.com/here-comes-the-fear-national-inflation-association-releases-japan-as-america-video-2010-8
Network Solutions
networksolutions.com/whois-search/inflation.us
Inflation
inflation.us
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