Thursday, September 15, 2011

Gold and Silver Update II 091511


Submitted by: Francis Soyer

Here is something a bit fringe on what precious metals are and what is coming in the near term. Read the article below. Nuf said.

http://nymag.com/daily/intel/2011/09/donald_trump_is_now_accepting.html


Donald Trump Is Now Accepting Gold Bullion From Tenants


Forty Wall Street, a Trump-owned building, has a new tenant, precious-metals dealer Apmex. Instead of handing over $176,000 worth of fiat currency for a security deposit, Apmex is giving Trump three 32-ounce bars of gold. The company is promoting its product, obviously; the Donald is promoting his own product, too. (Himself. Also obviously.) Trump (who — obviously! — declined to reveal how much gold he himself owns) told The Wall Street Journal that "The economy is bad, and Obama's not protecting the dollar at all ... If I do this, other people are going to start doing it, and maybe we'll see some changes." Obviously.

Trump's New Gold Standard [WSJ]

No comments:

Post a Comment