Skip to main content
The Latest

Lance Wallnau's Prophetic Gold And Silver Promotion Didn't Pay Off

Photo of Donald Trump and Lance Wallnau included in an email to Christian Post readers hawking gold as retirement investment.

For years, Like many right-wing broadcasters, Christian nationalist Trump cultist Lance Wallnau uses his daily program to pitch gold and silver coins as a solid investment to his audience. 

Earlier this year, Right Wing Watch caught Wallnau doing so by bragging about his prophetic ability to be right about "virtually everything I've said for the last five years."

On a recent episode of his "The Lance Wallnau Show," Wallnau bragged about the amount of money his viewers have made after purchasing gold and silver from his sponsor as the precious metals reached record high prices, with Wallnau urging them to buy more, declaring that the price will only continue to increase. 

And he knows this, Wallnau claimed, because he has "been right prophetically on virtually everything I've said for the last five years."

"How many times did I tell you, 'Get a hold of some silver?'" Wallnau bragged. "'The silver is mine and the gold is mine'; that's from Haggai. I was telling you that this was $22 an ounce; I heard this weekend it went up to 100."

"I've got people coming up to me in the airport, kissing me on the cheek [saying], 'I'm so glad I listened to you to buy that gold when it was $3,000. It's up to $5,000. I made all that money,'" Wallnau continued. "It's not going to stop. I'm telling you this. I'm not your financial expert. I've just been right, right prophetically on virtually everything I've said for the last five years. 

As RWW pointed out at the time, Wallnau's prophetic record over the last five years was anything by exemplary and that trend manifested itself in Wallnau's financial advice, with both gold and silver prices having fallen dramatically since he promised that prices increases were "not going to stop."

Of course, that is not about to stop Wallnau from continuing to peddle these products to his viewers, as he did on his most recent show by declaring that the drop in prices is precisely why they should be buying gold and silver today. 

"Did you know that today gold is right now at the best possible price to buy?" Wallnau proclaimed. "In January, it was at $5,405 for an ounce. Today it's $4,168. That's 23 percent less than it was in January."

"This is a long-term thing," he continued. "People that have been doing this with me for the last two years have seen it go from $2,000 to $5,000 when they started. The people love me for this. But silver, in January, it was $116-118 an ounce. Today it's $61. That's 48 percent less."

"What I'm trying to tell you is there's a 23 percent drop in gold, a 48 percent drop in silver," Wallnau added. "If you've been wondering if you should ever talk to somebody about how to secure silver and gold for your long-term future, I'm telling you now is a great time."

Video URL

Presumably those who bought gold and silver back in February on Wallnau's promise that the prices would continue to increase only to see them drop precipitously are not among "the people who love [him] for this."