Xbox Live Silver members can get one month of Gold for $1

For a limited time, all Xbox Live Silver members will be able to get a month of Gold for just a $1. Once the month is up though, your subscription will be automatically renewed, but you can cancel the service before that happens. If you don’t opt-out, you’ll be charged $7.99 a month. That’s a horrible rate, as you’ll end up paying $96 for 12 months when you can just buy the 12 month subscription to Gold for $50.  

You can also just create a new fresh Gamertag and get one month of Xbox Live Gold for free that way. You can do that up to five times last I checked.

[via Joystiq]