Ted Anderson: Difference between revisions

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[[Category:People]]
[[Category:People]]
[[Category:Alex Jones Show guests]]
[[Category:Alex Jones Show guests]]

Revision as of 01:49, 27 February 2025

File:Ted Anderson.jpg

Ted Anderson is a former gold-salesman from Minnesota who is largely responsible for Alex Jones having a career.

Having begun his career in gold/precious metals sales around 1980, in 1998 Ted started his own operation called Midas Resources. He almost immediately started a radio syndication company, Genesis Communications Network (GCN). The two companies are functionally the same company, or more accurately, GCN is the marketing department of Midas Resources. Ted Anderson once described it this way[1]:

"They actually work hand-in-hand. One fits like a glove. They're partnership-type businesses; Midas Resources needs customers, Genesis Communications Network needs sponsors."

Very early into the life of GCN, Ted Anderson began courting voices he felt could best market his gold and precious metals. He became a sponsor of Alex Jones' show on KJFK, and when Alex got fired from the station, Ted offered him a place on his radio network. Alex was fired from KJFK on Dec. 10, 1999, but clearly Alex was working for Ted before that, as evidenced from the header of Alex's website from Oct. 9, 1999[2].

Over the years, Ted Anderson used Alex Jones' program to transmute an audiences' fear into gold-sales. The two men even had a routine they would pull out in order to maximize sales. Their technique would go like this:

  • Alex would have a seemingly unrelated guest on the show, who is always presented as an economic expert. This role would often be filled by Bob Chapman, but when he was not available, sometimes Gerald Celente or Peter Schiff have filled in.
  • Alex would interview this "guest" about how the economy was just about to collapse, and that it was only a matter of time before the "Globalists" decide to destroy the value of the dollar.
  • Somewhere along the way, both Alex and the guest would inevitably say that the only safe thing to do is buy gold. They always say that gold's price would be higher, if only the nefarious "Globalists" weren't artificially holding down the prices, something they absolutely can't do for much longer. In fact, they will often even say that the artificial manipulation of gold prices will end as soon as next week, so of course, you need to buy gold now before it's too late.
  • Once this card has been played, Alex calls in Ted Anderson to close the deal. He will come on the show, pretending that wasn't the plan all along, and rattle off his specials. Everything is the best deal you'll ever find, everything is always running out.

This game is played out repeatedly, and presumably, Ted made a lot of money off it.

Appearance on Alex's show on 9/11

On the day of 9/11, Ted made a disgusting and exploitative appearance on Alex's show to sell gold (see Episode #703: 9/11, Part 1). In it, he played up fears of a financial collapse because some of the victims were involved in the financial system, and even noted that if there was gold stored in the WTC, it would be possible to dig it out of the rubble (unlike paper currency). Selling your product by fear mongering with the rubble of the twin towers on the day they fell is a choice that really tells you everything you need to know about Ted's character.

Legal Trouble

On September 11, 2015, Ted Anderson began a court proceeding that would result in his license to sell gold and precious metals being revoked by the state of Minnesota[3]. He was ordered to pay full restitution to consumers he had defrauded, and he was "prohibited from being an owner, officer, member or shareholder" in any bullion company for two years.

In addition, he was required to pay $310,000 of the restitution immediately, and approximately $60,000 a month to the people he'd ripped off, until he'd made full restitution. If he failed to make a payment, he would incur an additional $100,000 fine. Put simply, Ted was in a bad way in late 2015, finding himself in the hole approximately $1 million, and having the state order him to cease and desist from doing the thing he did to make money. Undoubtedly, the timing of Alex Jones' 2015 Money Bomb being held on September 16 (where they ended up raising almost exactly what Ted needed to pay off his victims) was completely unrelated[4].

The loss of his license was the culmination of the Minnesota Commerce Actions and Regulatory Department receiving numerous complaints about Midas Resources. Upon review, it was determined that:

"MRI [Midas Resources Inc.], Anderson and Huebner engaged in acts and practices that demonstrate they are incompetent, financially irresponsible, and otherwise unqualified to act under the authority of the Commissioner.""MRI [Midas Resources Inc.], Anderson and Huebner engaged in acts and practices that demonstrate they are incompetent, financially irresponsible, and otherwise unqualified to act under the authority of the Commissioner."

They found further:

"MRI regularly misappropriated money received in the course of buying, selling, soliciting, or marketing bullion coins or investments in bullion coins to consumers in violation of Minnesota statutes.

MRI routinely failed without prior agreement to deliver bullion coins to its customers within 30 days of payment and otherwise misrepresented to consumers the terms of sale and delivery date of bullion coins.

Anderson and Huebner misappropriated a customer's money and otherwise misrepresented terms of sale and delivery dates."

This is not the first time Ted Anderson was in trouble with the law over the dealings of Midas Resources. In 2006, he was sued by a man named Stephen Papol, who alleged that he entered into a scheme with Midas Resources, who then proceeded to defraud him[5]. Papol told a detective that this is how he got involved with Midas:

"Back when I was going through a divorce, okay, I sold my house, okay, and I got referred to these people to buy the coins from them. They had told me that they were going to be able to lose this money, and you know, buy this private gold, and it was untraceable, so whatever, um, money I had to hide or anything, they can do it, because there's no documentation of this private gold...

Even if they wanted to come look for the money, they would never, if, you know, if the courts would come look for the money they would never find the money. Still kind of skeptical about the whole thing and 'cause I really, you know, I'm in New York and they're all the way in Minnesota."

Papol very clearly describes a plan that was hatched with a representative from Midas Resources in order to hide money from his wife while he was going through a divorce. Clearly, the person who referred Papol to Midas knew that Midas was the kind of company that was okay with committing this kind of fraud.

Initially, Papol purchased $455,700 in gold coins, and after Midas representatives told him his investment was gaining value, he bumped the total of his purchase up to $986,701 worth of coins. These transactions were made around December 2003. In January 2004, after Papol resolved his divorce settlement, he was told by Midas representatives that if he were to sell off his coins, he would lose over $400,000 in value, claiming "normal dealer mark-ups and market fluctuations."

This doesn't make a lot of sense, since gold was valued (prices per oz.) at $406.95 in December 2003, and it was worth $413.79 in January 2004[6]. It seems pretty clear that Midas was just skimming.

Papol's lawsuit ultimately was flawed, largely because he was arguing that he was trying to commit a crime, and in the process of it, Midas committed a crime against him, which is a complicated place for the law. Regardless, the story that Papol tells and the allegations that he makes against Midas Resources sound exactly like tons of stories other customers have told of their interactions with Midas[7].

"I found that Midas overcharged me with premium of over $4.20 per ounce which amounted to about $1000.00.[8]"

"He [a Midas salesman] ended up charging me 40% over spot for each gold coin.[9]"

Even people on the Ron Paul Forums are not thrilled with what Midas Resources is up to[10].

Political Activities

Ted Anderson has been a longtime supporter of Ron Paul, and even served as a Minnesota delegate for Paul in past elections.

His bio touts that he, through Midas Resources, has "been a Torch Bearer Supporter of the Campaign For Liberty (C4L) since it's inception." Campaign For Liberty is basically just a non-profit that sprung out of the ashes of Ron Paul's failed 2008 run for president. In April 2018, they held a rally where they gave away an AR-15 to fight back against the "nanny-statists who want to ban it."[11]

Ted Anderson and Midas Resources created something called the Ron Paul Air Corps, a campaign of aerial advertisements for Paul during the 2008 election[12].

For some reason, Ted Anderson was who RT (Russia Today) decided to interview about Ron Paul's 2012 campaign[13].

Relevant Episodes by Release Date

No. Title Coverage

start date

Coverage

end date

Air date Episode type
2 2: December 31, 1999 (Y2K) December 31, 1999 December 31, 1999 January 10, 2017 Time Travel
36 36: June 29, 2015 June 29, 2015 June 29, 2015 May 3, 2017 Time Travel
46 46: June 18, 2015 June 18, 2015 June 18, 2015 May 30, 2017 2015 Investigation
47 47: June 19-July 5, 2015 June 19, 2015 July 5, 2015 May 31, 2017 2015 Investigation
57 57: August 12-16, 2015 August 12, 2015 August 16, 2015 June 25, 2017 2015 Investigation
58 58: June 23, 2017 June 23, 2017 June 23, 2017 June 28, 2017 Present Day
66 66: September 6-17, 2015 September 6, 2015 September 17, 2015 July 25, 2017 2015 Investigation
75 75: January 7, 2011 January 7, 2011 January 7, 2011 August 21, 2017 Time Travel
82 82: Oct. 27-Nov. 9, 2015 October 27, 2015 November 9, 2015 September 11, 2017 2015 Investigation
84 84: December 21, 2012 December 21, 2012 December 21, 2012 September 20, 2017 Time Travel
105 105: March 18, 2014 March 18, 2014 March 18, 2014 November 22, 2017 Time Travel
109 109: December 4, 2017 December 4, 2017 December 4, 2017 December 5, 2017 Present Day
115 115: January 2, 2018 January 2, 2018 January 2, 2018 January 3, 2018 Present Day
119 119: August 16, 2012 August 16, 2012 August 16, 2012 January 15, 2018 Time Travel
123 123: March 18, 2008 March 18, 2008 March 18, 2008 January 26, 2018 Time Travel
127 127: February 8, 2018 February 8, 2018 February 8, 2018 February 9, 2018 Present Day
129 129: David Rothschild Interview February 14, 2018 InfoWars Interview
133 133: Operation Paul Revere March 5, 2018 Present Day
136 136: March 30-31, 2008 March 30, 2008 March 31, 2008 March 12, 2018 Tea Party Investigation
146 146: April 4, 2018 April 4, 2018 April 4, 2018 April 6, 2018 Present Day
155 155: January 7-9, 2009 January 7, 2009 January 9, 2009 April 27, 2018 Tea Party Investigation
158 158: January 21, 2009 January 21, 2009 January 21, 2009 May 7, 2018 Tea Party Investigation
160 160: January 22-25, 2009 January 22, 2009 January 25, 2009 May 14, 2018 Tea Party Investigation
162 162: May 19, 2018 May 19, 2018 May 19, 2018 May 21, 2018 Present Day
163 163: January 27-29, 2009 January 27, 2009 January 29, 2009 May 23, 2018 Tea Party Investigation
166 166: February 2-3, 2009 February 2, 2009 February 3, 2009 June 4, 2018 Tea Party Investigation
167 167: February 4-5, 2009 February 4, 2009 February 5, 2009 June 6, 2018 Tea Party Investigation
171 171: Loosh and Let Live June 20, 2018 Project Camelot, Wacky Wednesday
173 173: February 6-10, 2009 February 6, 2009 February 10, 2009 June 25, 2018 Tea Party Investigation
174 174: February 11, 2009 February 11, 2009 February 11, 2009 June 26, 2018 Tea Party Investigation
183 183: February 12-16, 2009 February 12, 2009 February 16, 2009 July 23, 2018 Tea Party Investigation
189 189: February 19-20, 2009 February 19, 2009 February 20, 2009 August 6, 2018 Tea Party Investigation
202 202: September 4-6, 2018 September 4, 2018 September 6, 2018 September 7, 2018 Present Day
219 219: March 13, 2009 March 13, 2009 March 13, 2009 October 22, 2018 Tea Party Investigation
222 222: March 15-19, 2009 March 15, 2009 March 19, 2009 October 29, 2018 Tea Party Investigation
224 224: March 20, 2009 March 20, 2009 March 20, 2009 November 2, 2018 Tea Party Investigation
227 227: March 23, 2009 March 23, 2009 March 23, 2009 November 9, 2018 Tea Party Investigation
228 228: Old Alex Clips November 12, 2018 Time Travel
230A 230A: Obama Deception, Part 1 November 19, 2018 Documentary
230C 230C: Obama Deception, Part 3 November 21, 2018 Documentary
231 231: March 24, 2009 March 24, 2009 March 24, 2009 November 26, 2018 Tea Party Investigation
237 237: March 27, 2009 March 27, 2009 March 27, 2009 December 10, 2018 Tea Party Investigation
243 243: April 1-2, 2009 April 1, 2009 April 2, 2009 December 24, 2018 Tea Party Investigation
248 248: January 2, 2019 January 2, 2019 January 2, 2019 January 4, 2019 Present Day
249 249: Predicting 9/11 January 7, 2019 Wacky Wednesday
250 250: Remote Poisoners And Crypto Bigotry January 9, 2019 Project Camelot, Wacky Wednesday
252 252: April 7-8, 2009 April 7, 2009 April 8, 2009 January 15, 2019 Tea Party Investigation
283 283: January 4-6, 2013 January 4, 2013 January 6, 2013 April 12, 2019 Sandy Hook Investigation
290 290: April 25-26, 2019 April 25, 2019 April 26, 2019 April 29, 2019 Present Day
298 298: January 20-23, 2013 January 20, 2013 January 23, 2013 May 20, 2019 Sandy Hook Investigation
303 303: January 29-31, 2013 January 29, 2013 January 31, 2013 May 31, 2019 Sandy Hook Investigation
305 305: February 1, 2013 February 1, 2013 February 1, 2013 June 5, 2019 Sandy Hook Investigation
307 307: February 3-5, 2013 February 3, 2013 February 5, 2013 June 10, 2019 Sandy Hook Investigation
308 308: February 6-8, 2013 February 6, 2013 February 8, 2013 June 12, 2019 Sandy Hook Investigation
331 331: March 13-14, 2013 March 13, 2013 March 14, 2013 August 12, 2019 Sandy Hook Investigation
338 338: March 27-28, 2013 March 27, 2013 March 28, 2013 September 2, 2019 Sandy Hook Investigation
341 341: September 5, 2019 September 5, 2019 September 5, 2019 September 9, 2019 Present Day
342 342: September 6-11, 2019 September 6, 2019 September 11, 2019 September 13, 2019 Present Day
370 370: November 14-15, 2019 November 14, 2019 November 15, 2019 November 18, 2019 Present Day
384 384: January 3, 2020 January 3, 2020 January 3, 2020 January 6, 2020 Present Day
390 390: Grab Bag Minisode January 22, 2020 Present Day, Wacky Wednesday
394 394: January 31, 2020 January 31, 2020 January 31, 2020 February 3, 2020 Present Day
406 406: March 1-4, 2020 March 1, 2020 March 4, 2020 March 9, 2020 Present Day
412 412: March 24-25, 2020 March 24, 2020 March 25, 2020 March 27, 2020 Present Day
413 413: March 27, 2020 March 27, 2020 March 27, 2020 March 30, 2020 Present Day
414 414: Bill Cooper's Ambitiously Bad Idea April 1, 2020 Wacky Wednesday
454 454: December 17, 2013 December 17, 2013 December 17, 2013 July 8, 2020 Time Travel
463 463: July 28-30, 2020 July 28, 2020 July 30, 2020 July 31, 2020 Present Day
465 465: August 3-4, 2020 August 3, 2020 August 4, 2020 August 5, 2020 Present Day
481 481: September 13, 2012 September 13, 2012 September 13, 2012 September 14, 2020 Time Travel
516 516: December 31, 2020- January 1, 2021 December 30, 2020 January 1, 2021 January 4, 2021 Present Day
518 518: January 7-8, 2021 January 7, 2021 January 8, 2021 January 11, 2021 Present Day
528 528: 2021 Super Bowl Commercial Spectacular February 7, 2021 February 7, 2021 February 8, 2021 Present Day, Special Edition
535 535: October 16, 2014 October 16, 2014 October 16, 2014 February 26, 2021 Time Travel
536 536: February 28, 2021 February 28, 2021 February 28, 2021 March 1, 2021 Present Day
537 537: July 16-18, 2010 July 16, 2010 July 18, 2010 March 3, 2021 Time Travel
544 544: May 1, 2003 May 1, 2003 May 1, 2003 March 29, 2021 2003 Investigation
548 548: May 5, 2003 May 5, 2003 May 5, 2003 April 14, 2021 2003 Investigation
557 557: May 11, 2021 May 11, 2021 May 11, 2021 May 14, 2021 Present Day
561 561: Jordan Takes The Wheel 6 May 26, 2021 Jordan Takes the Wheel
579 579: May 30, 2003 May 30, 2003 May 30, 2003 July 21, 2021 2003 Investigation
586 586: August 11-12, 2021 August 11, 2021 August 12, 2021 August 16, 2021 Present Day
622 622: June 30-July 1, 2003 June 30, 2003 July 1, 2003 December 2, 2021 2003 Investigation
623 623: July 2-3, 2003 July 2, 2003 July 3, 2003 December 2, 2021 2003 Investigation
626 626: December 9, 2021 December 9, 2021 December 9, 2021 December 13, 2021 Present Day
627 627: Reset Wars: Episode 2 December 15, 2021 Special Edition
635 635: January 6-7, 2022 January 6, 2022 January 7, 2022 January 10, 2022 Present Day
647 647: February 8, 2022 February 8, 2022 February 8, 2022 February 11, 2022 Present Day
674 674: April 22, 2022 April 22, 2022 April 22, 2022 April 25, 2022 Present Day
675 675: April 25, 2022 April 25, 2022 April 25, 2022 April 27, 2022 Present Day
685 685: Formulaic Objections Part 7 May 25, 2022 Formulaic Objections
701 701: June 23, 2004 June 23, 2004 June 23, 2004 July 11, 2022 Time Travel
703 703: 9/11, Part 1 September 11, 2001 September 11, 2001 July 18, 2022 Time Travel
709 709: 2 Dan's 2 War July 31, 2022 Documentary
711 711: August 2, 2022 August 2, 2022 August 2, 2022 August 3, 2022 Present Day
763 763: December 15, 2003 December 15, 2003 December 15, 2003 January 4, 2023 2003 Investigation
770 770: January 20, 2023 January 20, 2023 January 20, 2023 January 23, 2023 Present Day
778 778: January 8, 2004 January 8, 2004 January 8, 2004 February 20, 2023 2003 Investigation
783 783: March 2, 2006 (Live) March 2, 2006 March 2, 2006 March 6, 2023 Live Show, Time Travel
793 793: January 27-29, 2004 January 27, 2004 January 29, 2004 April 7, 2023 2003 Investigation
832 832: July 26, 2023 July 26, 2023 July 26, 2023 July 28, 2023 Present Day
838 838: August 11, 2023 August 11, 2023 August 11, 2023 August 14, 2023 Present Day
863 863: Keepin' It Fake, With Vivek October 24, 2023 October 24, 2023 October 27, 2023 Present Day, InfoWars Interview
875 875: The Most Important Man In The World December 7, 2023 December 7, 2023 December 9, 2023 Wacky Wednesday
882 882: April 1, 2004 April 1, 2004 April 1, 2004 December 29, 2023 2003 Investigation
896 896: February 2, 2024 February 2, 2024 February 2, 2024 February 5, 2024 Present Day
919 919: April 15, 2024 April 15, 2024 April 15, 2024 April 19, 2024 Present Day
926 926: March 4, 2011 March 4, 2011 March 4, 2011 May 20, 2024 Live Show, Time Travel
931 931: February 2, 2014 February 2, 2014 February 2, 2014 June 7, 2024