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Glenn Beck gold company on how to profit from Egypt unrest

goldlineunrest.jpg Goldline International, the gold company promoted by Glenn Beck on his show--and which is under investigation by a U.S. congressional committee--would like you to know that death and destruction in Egypt makes their product more valuable. From my inbox:
Gold prices were up over $18 as of 9:33 Pacific Time today on the New York Spot Market as increasingly violent protests in Egypt continue to spook markets globally. Gold is regarded by many analysts as a "safe haven" asset during uncertain economic and geopolitical times. "There are latent geopolitical worries stemming from Egypt and the Middle East in general," said Jim Steel, senior vice president and metals analyst with HSBC in New York. Egypt has been in turmoil in the last week as Egyptian President Hosni Mubarak's administration has come under fire, and worries have surfaced about the unrest spreading to other Middle Eastern nations. Standard & Poor's Corp., Fitch Ratings, and Moody's Investors Service downgraded Egypt's ratings this week. "We think that the price of gold could resume its climb due to reduced risk appetite as the global recovery falters and new shocks hit the financial system," Capital Economics said in a report. Gold was also bolstered by comments about rising euro-zone inflation from European Central Bank President Jean-Claude Trichet, who said officials are monitoring rising price pressures. ** Have questions about acquiring gold and silver today? Call a Goldline Account Executive...
Those familiar with the Glenn Beckalypse where only gold will save us, etc., will hardly be surprised. UPDATE: Kenneth Cole got himself some of that unrestvertising action!

If London's police were in charge of Egyptian crowd-estimates

Guardian editor Charles Arthur riffs on the London police's habitual underestimation of crowds at protest marches in this Egypt-themed tweet: "BREAKING: protesters pack every street and square in Cairo. Met Police estimate crowd at 'nearly 5,000.'"

Egypt in Chaos

Protests are raging throughout Egypt today, the largest mass demonstrations yet demanding an end to the 30-year rule of President Hosni Mubarak. Thousands took to the streets today, after Friday Prayers. Read the rest

Internet-enabled activism versus Malcolm Gladwell: snarkypants edition

Excellent snark from Graham Linehan, regarding Malcolm Gladwell's infamous pooh-poohing of Internet activism: "Malcolm Gladwell would love to comment on all that's happening in The Middle East, but his fax machine is in the shop."

Malcolm Gladwell would love to comment on all that's happening in The Middle East...

Joe Biden says Mubarak isn't a dictator, questions legitimacy of protesters' demands

US vice-president Joe Biden told PBS NewsHour that Egyptian president Hosni Mubarak (who as presided over a 29 year reign characterized by blatantly stolen elections, suspension of civil liberties, torture and arbitrary detention) isn't a dictator and questioned the legitimacy of protesters' demands. The USA provides $1.3 billion/year in military aid to the Mubarak regime.
Asked if he would characterize Mubarak as a dictator Biden responded: "Mubarak has been an ally of ours in a number of things. And he's been very responsible on, relative to geopolitical interest in the region, the Middle East peace efforts; the actions Egypt has taken relative to normalizing relationship with - with Israel. ... I would not refer to him as a dictator..."

Biden urged non-violence from both protesters and the government and said: "We're encouraging the protesters to - as they assemble, do it peacefully. And we're encouraging the government to act responsibly and - and to try to engage in a discussion as to what the legitimate claims being made are, if they are, and try to work them out." He also said: "I think that what we should continue to do is to encourage reasonable... accommodation and discussion to try to resolve peacefully and amicably the concerns and claims made by those who have taken to the street. And those that are legitimate should be responded to because the economic well-being and the stability of Egypt rests upon that middle class buying into the future of Egypt."

Joe Biden says Egypt's Mubarak no dictator, he shouldn't step down...

(Image: Hosni Mubarak - Official Photo, Wikimedia Commons)