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1 posted on 08/18/2011 1:54:55 PM PDT by dennisw
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To: dennisw
It's hard to wrap yer mind around this.

How much is a TON of gold worth?

I'm guessing it's outta my reach.

2 posted on 08/18/2011 2:00:54 PM PDT by diogenes ghost
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To: dennisw

99 tons of gold in the vault

99 tons of gold

I take them all

and that’s what ya get

99 tons of gold in my vault.

(/Hugo Off.)


7 posted on 08/18/2011 2:10:04 PM PDT by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Obama: Epic Fail or Bust!!!)
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To: dennisw

There are lots of reasons for gold to keep increasing. Chavez being but one reason.

On Ausg 18 2010 gold was $1831 and today gold hit a high of $1832.

There are many reasons why gold increased $600 in the past year.

A principal reason is Obama and the Democrats who went on a spending spree that produced nothing of value.


10 posted on 08/18/2011 2:11:52 PM PDT by Presbyterian Reporter
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To: dennisw

“He who has the gold, makes the rules.”


14 posted on 08/18/2011 2:15:38 PM PDT by GourmetDan (Eccl 10:2 - The heart of the wise inclines to the right, but the heart of the fool to the left.)
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To: dennisw

I still like silver. Great quick lesson on physical silver:

http://www.oilbull.com/physical-silver/

I tend to agree with it. Just buy an Eagle or a Round and don’t worry if you are paying a buck or two too much or not for starters.

Then, when ready to dump a real pile of money into it, go deep and shop like you would for a camera.


16 posted on 08/18/2011 2:19:29 PM PDT by bluefish (NoBama! Because Commies Suck)
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To: dennisw

He is taking it back because he doesn’t want a court over seas to attach it to a settlement with all the companies that are getting their assets seized by Chavez.


19 posted on 08/18/2011 2:21:55 PM PDT by dila813
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To: dennisw

When he gets those bars if he doesn’t cut into a few of them it is all gold. If he does it may be largely tungsten. Would he announce that Venezuela had been defrauded?


20 posted on 08/18/2011 2:26:24 PM PDT by arthurus (Read Hazlitt's "Economics In One Lesson.")
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To: dennisw
Sounds like the foundation of a novel or movie: Will Venezuela's 99 tons of gold make it back to Venezuela or be hi-jacked on land or the high seas??

Some former SEALs should think about organizing a heist, distribute an ingot to the families of fallen soldiers...

Paging Scott Coleman!

23 posted on 08/18/2011 2:28:32 PM PDT by DTogo (High time to bring back the Sons of Liberty !!)
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To: dennisw

Venezuela has another hundred tons of gold stored in the U.S. vault at West Point. Chavez has also asked for its return. For some reason, the business MSM has been completely silent with respect to this story.

29 posted on 08/18/2011 2:39:36 PM PDT by Zakeet (If it ain't broke, the Wee Wee will fix it until it is)
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To: dennisw; blam; CodeToad

Interesting.


35 posted on 08/18/2011 3:15:21 PM PDT by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: dennisw
In a related future story, It appears Pirates attacked and absconded with a ship carrying 99 tons of gold as it was headed to Venezuela.
The shipment was not insured by Lloyds.
.. BTW, any future pirates looking for a share of swag ( if you can call 99 tons of gold swag), I'm just kidding.
37 posted on 08/18/2011 3:20:36 PM PDT by Waverunner (I'd like to welcome our new overlords, say hello to my little friend)
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To: dennisw

How would one transport 10 tons of gold to Chavez’s house?


48 posted on 08/18/2011 8:23:45 PM PDT by Terry Mross (I'll only vote for a SECOND party.)
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