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Another "shop story" from the early days.
topstuf
Posts: 14,803 ✭✭✭✭✭
Back when only Krugerrands were serving as THE bullion gold coin, I got a new customer.
A very very old Chinese man. He always came in with his son.
After doing regular gold deals with him, he told me what the "Chinese Estate Plan" was.
Every time get money, buy some gold.
Put away.
Get more money, buy more gold.
Put away.
When die, give gold to oldest son. He does same thing. Pretty soon you have much gold.
What an old fool.
His "family society" owned the oldest and most successful Chinese restaurant in town.
And property
And gold.
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does he own any massage parlors? Asking for my friend Bob
Bob was arrested last night.
No happy ending for Bob.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Do we know that much about Bob's preferences?
Rumour has it that there were higher profile "clients" than Bob. Hmmmm.....
Funny how he had to come to America to become successful and prosperous.
Knowledge is the enemy of fear
What's funny about it? It's the formula.
Sounds like a great plan !!!
He couldn't do that China?
Knowledge is the enemy of fear
Nope. Not enough guppies there.
'Merica.
Knowledge is the enemy of fear
Here’s how that plan would work for me.
Every time get money buy some gold.
Get more money buy more gold.
When die leave to oldest son.
Son buys 2 Porches and a Ferrari.
End of gold end of story.
So many stories, everyone seems to have a story...And most people have a plan... some work, some don't... ergo = stories. Cheers, RickO
"Funny how he had to come to America to become successful and prosperous."
Too much competition in China.